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Stock Market & Financial Investment News

News Breaks
May 22, 2014
08:05 EDTZLC, SIGSignet reiterates commitment to $21.00 per share purchase price for Zale
Signet Jewelers (SIG) reiterated its commitment to its $21.00 per share purchase price for Zale Corporation's (ZLC) outstanding common stock as set forth in the merger agreement between the two companies. Signet CEO Mike Barnes stated, "We are pleased that Institutional Investor Services has recommended for our planned acquisition of Zale. Signet remains firmly committed to the transaction at the agreed upon $21.00 per share purchase price. We believe the merger consideration reflects the full and fair value for Zale common stock based on our extensive due diligence on the company and our detailed understanding of the risks and challenges associated with, and additional substantial investment required for, Zale to continue to deliver improved results relative to its history both in the near and long term. We continue to urge all Zale stockholders to vote in favor of the transaction at the Zale special meeting of stockholders on May 29, 2014." Signet notes that there are significant risks and challenges associated with Zale remaining an independent company and that no other party has expressed interest or come forward to propose an alternative acquisition of Zale.
News For ZLC;SIG From The Last 14 Days
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October 21, 2014
08:06 EDTSIGSignet Jewelers remains a top pick at Nomura
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October 20, 2014
11:40 EDTSIGSignet Jewelers management to meet with Sterne Agee
Group breakfast to be held in New York on October 24 hosted by Sterne Agee.
October 17, 2014
10:00 EDTSIGOn The Fly: Analyst Initiation Summary
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05:32 EDTSIGSignet Jewelers initiated with an Overweight at Barclays
Target $120.
October 14, 2014
12:55 EDTSIGSignet Jewelers pullback a buying opportunity, says Stephens
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08:04 EDTSIGSignet Jewelers reaffirms Q2 guidance
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08:03 EDTSIGSignet Jewelers CEO Barnes resigns effective October 31, COO Light to succeed
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October 8, 2014
10:38 EDTSIGHigh option volume stocks
High option volume stocks: FRAN RMTI ACM CY CLNY SMH BEAV SIG CTB DUG SHLD

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