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Sotheby's (BID.N)

BID.N on New York Stock Exchange

35.39USD
14 Jun 2019
Change (% chg)

$0.01 (+0.03%)
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$35.38
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Volume
68,849
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$59.80
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Latest Key Developments (Source: Significant Developments)

Alliancebernstein L.P. Reports Passive Stake Of 10.1% In Sotheby's
Monday, 10 Jun 2019 

June 10 (Reuters) - ALLIANCEBERNSTEIN L.P.::ALLIANCEBERNSTEIN L.P. REPORTS A PASSIVE STAKE OF 10.1% IN SOTHEBY'S AS OF MAY 31, 2019 - SEC FILING.  Full Article

Sotheby’S Reports 2019 First Quarter Financial Results
Thursday, 2 May 2019 

May 2 (Reuters) - Sotheby's ::SOTHEBY’S REPORTS 2019 FIRST QUARTER FINANCIAL RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.15 EXCLUDING ITEMS.Q1 LOSS PER SHARE $0.15.Q1 EARNINGS PER SHARE ESTIMATE $-0.18 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED SALES $923.3 MILLION VERSUS $1.10 BILLION.QTRLY ADJUSTED LOSS PER SHARE $0.15.QTRLY TOTAL REVENUES $173.5 MILLION VERSUS $195.8 MILLION.  Full Article

Sotheby's Announces Repurchases Under Accelerated Share Repurchase Program
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Sotheby's ::SOTHEBY'S ANNOUNCES REPURCHASES UNDER ACCELERATED SHARE REPURCHASE PROGRAM.SOTHEBY'S - TO REPURCHASE SHARES PURSUANT TO AN ACCELERATED SHARE REPURCHASE PROGRAM (ASR) FOR AN AGGREGATE PURCHASE PRICE OF $95 MILLION.SOTHEBY'S - SOTHEBY'S WILL RECEIVE AN INITIAL DELIVERY OF APPROXIMATELY 1.8 MILLION SHARES.  Full Article

Sotheby's Says Does Not Believe Proposed Tariff Will Have Material Effect On Results
Thursday, 30 Aug 2018 

Aug 29 (Reuters) - Sotheby's ::SOTHEBY'S - PROVIDES INFORMATION IN LIGHT OF RECENT MEDIA COVERAGE CONCERNING POSSIBILITY OF TARIFFS AFFECTING BUSINESS.SOTHEBY'S SAYS "DOES NOT SUPPORT A U.S. TARIFF ON WORKS OF ART OF CHINESE ORIGIN".SOTHEBY'S - DOES NOT BELIEVE PROPOSED TARIFF WILL HAVE A MATERIAL EFFECT ON ITS RESULTS.SOTHEBY'S - EVEN IF TARIFF GOES FORWARD, ASIA WEEK SALES IN SEPT 2018 WILL BE UNAFFECTED BY IT.  Full Article

Sotheby's Spring 2018 Hong Kong Sales Total $466.5 Mln
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Sotheby's ::SOTHEBY'S SPRING 2018 HONG KONG SALES TOTAL $466.5 MILLION.  Full Article

Sotheby's Extends Share Ownership To Employees Around The World
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Sotheby's ::SOTHEBY'S EXTENDS SHARE OWNERSHIP TO EMPLOYEES AROUND THE WORLD.SOTHEBY'S - ‍AS A RESULT OF NEW COMPENSATION PROGRAM, 98% OF GLOBAL EMPLOYEES WILL EITHER OWN SHARES IN SOTHEBY'S, OR WILL RECEIVE CASH UNITS​.SOTHEBY'S - ‍ALL ELIGIBLE EMPLOYEES AROUND WORLD HAVE BEEN GRANTED RESTRICTED STOCK UNITS, REPRESENTING SHARES OF SOTHEBY'S COMMON STOCK, THIS MONTH​.  Full Article

Sotheby’S Reports Q4 Earnings Per Share $1.43
Thursday, 1 Mar 2018 

March 1 (Reuters) - Sotheby's ::SOTHEBY’S REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.47.Q4 EARNINGS PER SHARE $1.43.BOARD APPROVES $100 MILLION INCREASE TO SHARE REPURCHASE AUTHORIZATION.QTRLY TOTAL REVENUES $315.6 MILLION VERSUS $308.7 MILLION.Q4 EARNINGS PER SHARE VIEW $1.34, REVENUE VIEW $311.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sotheby's Announces Acquisition Of Viyet
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Sotheby's ::SOTHEBY'S - ANNOUNCES ACQUISITION OF VIYET, ONLINE MARKETPLACE FOR INTERIOR DESIGN.SOTHEBY'S - VIYET TEAM, LED BY CEO ELIZABETH BROWN, WILL JOIN SOTHEBY'S, WHILE MAINTAINING THEIR BRAND AND BUSINESS OPERATION.SOTHEBY'S - PURCHASE PRICE OF VIYET WAS NOT MATERIAL TO COMPANY.  Full Article

Sotheby's ‍Acquires Thread Genius
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Sotheby's ::SOTHEBY'S - ‍ACQUISITION OF THREAD GENIUS, A STARTUP SPECIALIZING IN TASTE-BASED IMAGE RECOGNITION AND RECOMMENDATION TECHNOLOGIES​.SOTHEBY'S - ‍THREAD GENIUS WAS FOUNDED BY ANDREW SHUM AND AHMAD QAMAR, BOTH OF WHOM WILL BE JOINING SOTHEBY'S​.  Full Article

Sotheby’s Prices $400 Million Of Senior Notes Due 2025
Friday, 8 Dec 2017 

Dec 7 (Reuters) - Sotheby's ::SOTHEBY’S PRICES $400 MILLION OF SENIOR NOTES DUE 2025.SOTHEBY'S - PRICING OF $400 MILLION OF ITS SENIOR UNSECURED NOTES DUE 2025 THROUGH AN OFFERING TO QUALIFIED INSTITUTIONAL BUYERS.SOTHEBY'S - NOTES WILL BE SOLD TO INVESTORS AT A PRICE OF 100% OF PRINCIPAL AMOUNT THEREOF, PLUS ACCRUED INTEREST FROM DECEMBER 12, 2017.SOTHEBY'S - NOTES WILL PAY INTEREST SEMIANNUALLY AT A RATE OF 4.875% PER ANNUM AND WILL MATURE ON DECEMBER 15, 2025.  Full Article

Photo

Japan fashion magnate raises over $8 million at Sotheby's auction

TOKYO Japanese fashion tycoon Yusaku Maezawa sold art for more than $8 million at a Sotheby's auction in New York on Thursday night, providing funds to the entrepreneur who previously said he has no money.