|Last Price$0.00||Day Change (%)900.00%|
|Open Price$0.00||Day Change ($)0.00|
|Day Range0.00–0.00||52-Week Range0.00–0.00|
As of Wed 1/27/2016 12:07:00 PM | USD
Saks SKS announced plans to unload its last regional department store, Parisian, to Belk for $285 million in cash. The deal is scheduled to close in the third quarter of 2006, at which time we expect to hear more from management regarding their plans for the proceeds from the sale. While the price ...
It looks more like a high-quality regional bank than a credit card company.
We are lowering our fair value estimate for Saks .
Favorable conditions are in place for merger-arbitrage ETFs, including increasing M&A activity and the likelihood of higher interest rates.
We consider free cash flow, capital structures, cash usage, and attractive bonds.
Political, regulatory, and economic uncertainty conspire to keep growth stuck in neutral.
As macro headwinds mount, we would look for a larger valuation discount among consumer cyclical names.
Despite all the predicaments that arose during the first quarter, consumer spending continues and the market has been resilient.
We see long-term value for Ralph Lauren despite management's reduced outlook.