Leading Sales, Newly Appointed Leaders, Store Openings, Public Share Pricing, and Credit Refinancing- Research Report on

Leading Sales, Newly Appointed Leaders, Store Openings, Public Share Pricing,
  and Credit Refinancing- Research Report on Sotheby's, Signet, Five Below,
                               Saks, and Watsco

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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:


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:


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:


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:



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