Signet Jewelers (SIG) Misses Q2 EPS Views; Cuts FY16 EPS Outlook
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
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Johnson Rice Downgrades Signet Jewelers (SIG) to Accumulate
August 29, 2016 8:12 AM EDTJohnson Rice downgraded Signet Jewelers (NYSE: SIG) from Buy to Accumulate.
For an analyst ratings summary and ratings history on Signet Jewelers click here. For more ratings news on Signet Jewelers click here.
Shares of Signet Jewelers closed at $80.65 yesterday.
... MoreCiti Downgrades Signet Jewelers (SIG) to Neutral
August 26, 2016 7:55 AM EDTCiti downgraded Signet Jewelers (NYSE: SIG) from Buy to Neutral.
For an analyst ratings summary and ratings history on Signet Jewelers click here. For more ratings news on Signet Jewelers click here.
Shares of Signet Jewelers closed at $83.44 yesterday.
... MoreLeonard Green to Make $625M Investment in Signet Jewelers (SIG); Adds $625M to Stock Buyback Program
August 25, 2016 6:59 AM EDTSignet Jewelers Limited (NYSE: SIG) announced that affiliates of Leonard Green & Partners, L.P. will invest $625 million in the form of convertible preferred shares. Signet will use the proceeds from the LGP investment to fund a repurchase of up to $625mm in common stock either in the open market or through privately negotiated transactions. In conjunction with this transaction, Signet will expand its Board of Directors from ten to eleven and appoint Jonathan Sokoloff to the Signet Board upon the closing of the transaction, which is expected to occur in the third quarter of FY... More