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Qurate Retail Inc (QRTEA.OQ)

QRTEA.OQ on NASDAQ Stock Exchange Global Select Market

16.78USD
18 Apr 2019
Change (% chg)

$-0.13 (-0.77%)
Prev Close
$16.91
Open
$16.96
Day's High
$17.11
Day's Low
$16.73
Volume
578,996
Avg. Vol
1,017,901
52-wk High
$25.72
52-wk Low
$15.81

Latest Key Developments (Source: Significant Developments)

Qurate Retail Reports Q3 Adjusted Earnings Per Share $0.37
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Qurate Retail Inc ::QURATE RETAIL, INC. REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.37.Q3 EARNINGS PER SHARE $0.16.Q3 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.QTRLY QURATE RETAIL REVENUE GREW 2% TO $3.2 BILLION.QTRLY QURATE RETAIL ECOMMERCE REVENUE OF $1.9 BILLION, COMPRISING 59% OF TOTAL REVENUE.INCREASED ANNUAL COST SYNERGY ESTIMATES RELATED TO HSNI ACQUISITION BY $120 - $125 MILLION BY 2022.QURATE RETAIL- QTRLY QVC US REVENUE UP 3% AS REPORTED, UP 1% ON COMPARATIVE BASIS EXCLUDING IMPACT OF NEW ACCOUNTING STANDARDS ABOUT CREDIT CARD INCOME.IN Q3, QURATE RETAIL INCURRED $40 MILLION OF SEVERANCE EXPENSE RELATED TO STRATEGIC INITIATIVES.QURATE RETAIL EXPECTS TO REALIZE ABOUT $37 - $44 MILLION OF TOTAL COST SYNERGIES IN 2018.  Full Article

Qurate Retail Says A Putative Class Action Complaint Was Filed By A Purported Stockholder Of Co
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Qurate Retail Inc ::QURATE RETAIL - ON SEPTEMBER 6, A PUTATIVE CLASS ACTION COMPLAINT WAS FILED BY A PURPORTED STOCKHOLDER OF CO.QURATE RETAIL - COMPLAINT ALLEGES THAT CEO & OTHERS MADE MATERIALLY MISLEADING STATEMENTS ABOUT GROWTH AT QVC AND ZULILY, LLC & QVC'S EASY-PAY PROGRAM.QURATE RETAIL INC - QURATE RETAIL INTENDS TO DEFEND AGAINST COMPLAINT AND SIMILAR ACTIONS.  Full Article

QVC Prices $225 Million Of New Senior Secured Notes
Friday, 7 Sep 2018 

Sept 6 (Reuters) - Qurate Retail Inc ::QVC, INC. PRICES $225 MILLION OF NEW SENIOR SECURED NOTES.QURATE RETAIL INC - PRICING OF $225 MILLION PRINCIPAL AMOUNT OF NEW 6.375% SENIOR SECURED NOTES DUE 2067.  Full Article

Liberty Interactive Corp Reports Qtrly HSN Revenue $712 Mln
Thursday, 1 Mar 2018 

March 1 (Reuters) - Liberty Interactive Corp ::LIBERTY INTERACTIVE CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2017 FINANCIAL RESULTS.LIBERTY INTERACTIVE CORP - QTRLY QVC CONSOLIDATED REVENUE $2,817 MILLION VERSUS $2,658 MILLION.LIBERTY INTERACTIVE CORP - QTRLY HSN REVENUE $712 MILLION VERSUS $771 MILLION.LIBERTY INTERACTIVE CORP - QTRLY ADJUSTED LTM EARNINGS PER SHARE $3.05.  Full Article

Liberty Interactive Says Undertaken Review Of Tax Reform Bill
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Liberty Interactive Corp ::LIBERTY INTERACTIVE - UNDERTAKEN REVIEW OF TAX REFORM BILL, ITS POTENTIAL IMPACT ON PENDING REORGANIZATION TRANSACTIONS WITH GENERAL COMMUNICATION.LIBERTY INTERACTIVE - DUE TO CHANGES IN TAX LAW, SEES TOTAL CASH TO BE REATTRIBUTED FROM LIBERTY VENTURES TO QVC GROUP TO INCREASE TO ABOUT $1.3 BILLION.LIBERTY- INCREASE IN REATTRIBUTED CASH TO BE FUNDED BY LIBERTY VENTURES CASH ON HAND,GCI LIBERTY'S LIBERTY BROADBAND SERIES C COMMON STOCK MARGIN LOAN.  Full Article

Evite Expands Further Into Text Message Invites With Fête Deal
Wednesday, 20 Dec 2017 

Dec 19 (Reuters) - EVITE: :EVITE SAYS HAS ACQUIRED RIGHTS TO ASSETS OF FÊTE, A MOBILE INVITATIONS START-UP.EVITE - AS PART OF AGREEMENT FÊTE WILL BE SHUTTING DOWN ITS SERVICES AND INVITING USERS TO JOIN EVITE.EVITE SAYS TERMS OF TRANSACTION TO ACQUIRE RIGHTS TO ASSETS OF FÊTE WERE NOT DISCLOSED.  Full Article

LIBERTY INTERACTIVE REPORTS Q3 FINANCIAL RESULTS
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Liberty Interactive Corp ::LIBERTY INTERACTIVE CORPORATION REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS.Q3 QVC CONSOLIDATED REVENUE $2.0 BILLION VERSUS I/B/E/S VIEW $2.33 BILLION.  Full Article

Liberty Interactive Q2 revenue $2.0 bln
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - Liberty Interactive Corp ::Liberty Interactive Corporation reports second quarter 2017 financial results.Q2 revenue $2.0 billion versus I/B/E/S view $2.4 billion.  Full Article

HSN says if merger is terminated Liberty Interactive will be obligated to pay to co fee equal to $75 million
Thursday, 6 Jul 2017 

July 6 (Reuters) - HSN Inc ::HSN Inc - if merger is terminated by co or Liberty Interactive, Liberty Interactive will be obligated to pay to co fee equal to $75 million .HSN - ‍If deal is terminated under specified circumstances, co will be obligated to pay to Liberty Interactive one-time fee equal to $40 million in cash​‍​‍​.  Full Article

Liberty Interactive enters into deal to buy HSN Inc for total enterprise value of $2.6 bln
Thursday, 6 Jul 2017 

July 6 (Reuters) - Hsn Inc ::Liberty Interactive enters into agreement to acquire HSN, Inc..HSN Inc says Liberty Interactive intends to issue 53.4 million shares of QVC series A common stock to HSNI shareholders.Entered into an agreement whereby Liberty Interactive will acquire 62% of HSNI it does not already own in an all-stock transaction.HSNI shareholders will receive fixed consideration of 1.65 shares of Series A QVC group common stock for every share of HSNI common stock.Says upon closing, Liberty Interactive board of directors will be expanded by one to include a director from HSNI board of directors.Total enterprise value for HSNI of $2.6 billion, an equity value of $2.1 billion, and consideration of $40.36 per HSNI share.‍Following completion of transaction, Liberty Interactive expects to continue its repurchases of QVC group common stock​.  Full Article