Leading Sales, Newly Appointed Leaders, Store Openings, Public Share Pricing, and Credit Refinancing- Research Report on Sotheby's, Signet, Five Below, Saks, and Watsco Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, July 12, 2013 NEW YORK, July 12, 2013 /PRNewswire/ -- Today, Wall Street Reports announced new research reports highlighting Sotheby's (NYSE: BID), Signet Jewelers Limited (NYSE: SIG), Five Below, Inc. (NASDAQ: FIVE), Saks Incorporated (NYSE: SKS), and Watsco Inc. (NYSE: WSO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Sotheby's Research Report On July 8, 2013, Sotheby's (Sotheby's) announced that a recent global competition has transformed Sotheby's London sales as the Company led across categories with season total sales of $445.6 million. The following observations were made by Sotheby's: Participants came from 75 countries; one in six buyers came from Asia, Russia and the Middle East; one in six buyers were new to Sotheby's; and 30% of the buyers were transacting in a new auction category. Chairman of Sotheby's International, Robin Woodhead, said, "We are operating in a dynamic new world, in which collectors from a third of the countries around the globe are transacting at Sotheby's, seeking out the best the market has to offer. Art lovers from Latin America, Russia, Asia and the Middle East have been active in our global sales for some time now, but this season in London we have seen them engaging at an entirely new level." The Full Research Report on Sotheby's - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a511_BID] -- Signet Jewelers Limited Research Report On July 9, 2013, Signet Jewelers Limited (Signet) announced that Rob Anderson, CEO of Signet's UK division, intends to leave the Company at the end of July, 2013, and that Sebastian Hobbs has been promoted to the new position of Managing Director for the UK division, effective immediately. Signet informed that Mr. Hobbs will be reporting to the Company's CEO, Mike Barnes. Mike Barnes said, "I am pleased to announce the promotion of Seb to Managing Director of our UK division. Seb has made important contributions to our UK division, and we believe his experience in UK retailing and strategy make him a perfect fit for this role. I also want to thank Rob Anderson for his 13 years of dedicated service to Signet's UK division." The Full Research Report on Signet Jewelers Limited - Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/520e_SIG] -- Five Below, Inc. Research Report On June 26, 2013, Five Below, Inc. (Five) announced the pricing of its secondary offering of 6 million shares of its common stock at a public offering price of $36.00 per share. All of the shares are offered by selling shareholders that includes certain members of Five's management team and the affiliates of certain members of the Company's Board of Directors. Five said that the selling shareholders have authorized the underwriters a 30day option, which will enable them to purchase an additional 900,000 shares of common stock. The Company will not receive any proceeds from the sale of shares in this said offering. Five informed that Goldman, Sachs & Co., Barclays Capital Inc., Jefferies LLC, Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., are acting as joint book-running managers of the offering and UBS Securities LLC and Wells Fargo Securities, LLC, are acting as co-managers of the offering. The Full Research Report on Five Below, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3eb8_FIVE] -- Saks Incorporated Research Report On July 9, 2013, Saks Incorporated (Saks) announced of its plans to open a new store in Atlanta, Georgia on July 18, 2013. The store will be located in the Outlet Shoppes of Atlanta at Woodstock. According to Saks, the new store, with approximately 28,000 square feet of space, will offer world renowned designer brands at value prices to the public. "The store's "luxury-in-a-loft" design will offer the community a deluxe shopping environment with a great selection of the latest designer fashion at an extraordinary value," said Robert Wallstrom, President of Saks Fifth Avenue OFF 5TH. To celebrate the opening of the new store, Saks Fifth Avenue OFF 5^TH will host an exclusive event for shoppers from July 18, 2013 until July 21, 2013. The Full Research Report on Saks Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/2e2e_SKS] -- Watsco Inc. Research Report On July 2, 2013, Watsco Inc. (Watsco) announced that it has refinanced its existing $500 million unsecured revolving credit agreement. Watsco explained that the borrowings under the credit agreement bear interest at different rates, which depend on the types of advances or loans that the Company selects. As a result of this amendment, the spread on its available borrowing rates (LIBOR-based primarily) have been decreased to show lower pricing. Further, the amendment includes improved covenant flexibility to reflect the seasonal nature of the Company's working capital requirements. Watsco also informed that the maturity date under this amended credit facility was extended from April 27, 2017, to July 1, 2018 while all other major terms under the facility remained unchanged. The Company said that it uses proceeds under the facility for working capital needs, acquisitions, dividends and other general corporate purposes. The Full Research Report on Watsco Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/c2dc_WSO] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. SOURCE Wall Street Reports Contact: WSReports.com Phone #: +1-310-496-8071 (North America)
Leading Sales, Newly Appointed Leaders, Store Openings, Public Share Pricing, and Credit Refinancing- Research Report on
Press spacebar to pause and continue. Press esc to stop.