Where else can you buy a stock trading ... beyond that, HBC will have to improve its retail sales substantially and show a consistent performance. Nobody wants a tenant that cannot pay rent. HBC could be one of the most undervalued
Hudson?s Bay Co. (TSX:HBC) saw its share price drop more than 12% last week, as a disappointing earnings result sent the stock from nearly $12 a share to barely over $10. In the company?s third quarter, sales of $3.2 billion were down …
whose activist real estate hedge fund Land & Buildings Investment Management disclosed it had bought 4.3 percent of Hudson’s Bay. HBC stock had lost about a third of its value this year amid declining sales at its retail stores, which …
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid …
said in a public letter that HBC’s Saks Fifth Avenue store in Manhattan, New York, is worth more than the company as a whole at current stock prices. It estimates that the Saks flagship location would be worth $16 per share, after debt, …
TORONTO – Bank and consumer stocks drove the Toronto Stock Exchange higher today, as shares in Hudson’s Bay (TSX:HBC) soared 15 per cent amid activist investor pressure for the country’s oldest retailer to go private. The …
Hudson's Bay Co.'s management has been under pressure for months from Land & Buildings Investment Management, which argues HBC's stock price is far below the underlying value of its real estate holdings. Land & Buildings, which …
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Hudson’s Bay, which has not expressed interest in selling its German business, confirmed the unsolicited offer on Wednesday after trading of its shares (TSX:HBC) was temporarily suspended on the Toronto Stock Exchange. The …
Land & Buildings, which owns close to five per cent of HBC stock, said it was unsatisfied after a recent meeting with management and threatened to call a special meeting of shareholders to remove board members if action isn't taken on …
HBC stock had lost about a third of its value this year amid declining sales at its retail stores, which include Saks, Lord & Taylor and the 347-year-old Hudson’s Bay brand. The company this month said it would cut 2,000 jobs as part of a …