Hudson's Bay Co (HBC.TO)
18 Jan 2018
Dec 12 Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson's Bay Co's real estate assets were worth substantially more than the company's current market valuation.
TORONTO, Dec 6 Canada's main stock index ended barely lower on Wednesday, weighed by a slump in department store operator Hudson's Bay Co after it reported a deeper-than-expected loss and as energy stocks fell with lower oil prices.
TORONTO, Dec 6 Canada's main stock index ended barely lower on Wednesday as gains for banks, telecom companies and railway stocks were offset by losses among energy names and a slump in shares of Hudson's Bay Co after the retailer's earnings miss.
TORONTO, Dec 6 Canada's main stock index turned higher on Wednesday as banks and industrial stocks rose, offsetting a slump in department store operator Hudson's Bay Co after it reported a deeper-than-expected loss. Energy stocks fell with lower oil prices.
TORONTO, Dec 6 Hudson's Bay Co on Wednesday reported its seventh consecutive quarterly loss, missing analyst estimates on lower retail sales in a brutal retail environment, putting its shares on track for their biggest one-day drop on record.
TORONTO, Dec 6 Canada's main stock index fell in early trade on Wednesday, hurt by a tumble in shares of Hudson's Bay Co after the department store operator posted a wider-than-expected quarterly loss, while financial and energy stocks also weighed.
* HBC CLOSES U.S. $500 MILLION EQUITY INVESTMENT BY RHÔNE CAPITAL
TORONTO, Dec 6 Canadian department store Hudson's Bay Co on Wednesday reported a wider-than expected quarterly loss as retail sales fell.
* - Q3 RETAIL SALES DECREASED 4.2% TO $3.2 BILLION; COMPARABLE SALES ON A CONSTANT CURRENCY BASIS DECLINED BY 3.2%
Dec 1 Canadian retailer Hudson's Bay Co (HBC) said on Friday it reached an agreement with shareholder Land & Buildings, under which the activist investor would withdraw its appeal against the conditional approval given for an investment by Rhone Capital.