By Ashraf Eassa : Before market open during the Feb. 19 session, Signet Jewelers ( SIG ) confirmed that it would be acquiring Zale ( ZLC ) for $21.00/share in cash. While there's probably value to be
ended Jan. 29, when the Fed announced a second reduction to its bond purchase program. Zale +41% premarket after Signet Jewelers said it would buy its rival for $21/share. Treasurys are near their best levels of the session, with the 10-year
* Signet Jewelers Ltd - Signet Jewelers Limited and Zale Corporation sign agreement for signet to acquire zale Corporation
* Signet Jewelers - entered into definitive agreement for signet to acquire all of issued and outstanding stock of Zale for $21.00 per share in cash
Feb 19 (Reuters) - Kay Jewelers parent Signet Jewelers Ltd said it would acquire smaller rival Zale Corp for $21 per share in cash, valuing the mid-tier jeweler at about $690 million.
Signet Jewelers ( SIG ) discloses it has met with Corvex Management this month to discuss issues with the company's balance sheet and capital structure. The hedge fund has a 7.8% stake in Signet. Post your comment!
noting that of the retailers held in this ETF, the vast majority are classified as specialty retailers (such as Signet Jewelers SIG and Tiffany TIF), which by definition are not defensive and instead very sensitive to consumer confidence
low debt levels. They run a concentrated fund of 35 names with top holdings including O'Reilly Automotive ORLY, Signet Jewelers SIG, and CarMax KMX, each being about a 7% weighting. The fund is overweight industrials and consumer cyclical
fall in popularity in any one season. Additionally, some investors had bid Tiffany shares up recently, based on Signet Jewelers ' (parent of Kay and Jared brands) recent announcement of 4.8% and 5.8% positive same-store sales results
(Reuters) - Signet Jewelers Ltd reported brisk holiday season sales at both of its major U.S. chains, the mid-priced Kay Jewelers and the higher end Jared stores, and said business has remained good...