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 C$16 per share, after debt, …
Hudson's Bay 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 said it estimates …
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 …
Coca-Cola HBC shares down 2.3 pct; among top pct losers on Europe's ... broker would expect some share price volatility given that the stock has re-rated in part due to expectations on capital deployment ** Stock up 41.4 pct YTD
HBC said an investor presentation posted on its website in April that its real estate was valued at C$35.24 per share. Its stock was trading at C$11.40 on Thursday. Company representatives declined to discuss the substance of Litt's letters …
The Toronto Stock Exchange has approved Hudson's Bay Co.'s application ... The deal means Rhone will have a minority interest — 21.8 percent — in HBC.Two weeks ago, HBC announced a series of strategic transactions with Rhone …
TORONTO, Oct 24 (Reuters) - Canada’s main stock index rose shortly after the open with across-the-board gains led by financial stocks, while Hudson’s Bay Co shares jumped after the company announced the sale of its Lord & Taylor …
TORONTO & NEW YORK--(Business Wire)--HBC (TSX: HBC) (the “Company”) today announced that it has reached an agreement with Land & Buildings to withdraw its appeal of the Toronto Stock Exchange’s (TSX) decision to …
These shareholders will benefit from, and be affected by, Rhône Capital's investment in the same manner as all other …