BID News and Press, Sotheby's From 06/25/19

I track stocks with the highest short interest because the list often times presents good candidates for contrarian type investments ideas given the potential for significant mispricing situations. One example would be a stock with a large short interest going into an earnings release that cou...

Last week auction house Sotheby's ( BID ) agreed to an offer to be acquired by BidFair USA an entity wholly owned by Patrick Drahi the chairman and largest shareholder of both Altice Europe NV ( ALVVF ; ALLVF ; ALTCY ) and Altice USA Inc. ( ATUS ). Under the proposal, shareholders would re...

Introduction After checking last week on how Fnac Darty ( OTC:GRUPF ) is doing as one of the major electronics and consumer appliances chains in Western Europe, my attention this week was drawn to the Colruyt Group ( OTCPK:CUYTF ) ( OTCPK:CUYTY ) which saw its share price lose almo...

Merger activity remained steady last week with four new deals announced and four pending deals closing. Deal Statistics New Deals The acquisition of LegacyTexas Financial Group ([[LTXB]]) by Prosperity Bancshares ([[PB]]) for $2.1 billion in a cash-plus-stock deal. Under the terms o...

NEW YORK , June 21, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City , is investigating: BioScrip, Inc. ( BIOS ) ("BioScrip") rela...

Sotheby's ( BID +1.8% ) shares jump after a New York Post report suggests the bidding war for the company may not be over . More news on: Sotheby's, Consumer stocks news, Merger & acquisition news, Stocks on the move, Read more ...

Sotheby's ( BID +0.2% ) credit ratings are placed on review for downgrade by Moody's the day after the auction house agreed  to be acquired  by Patrick Drahi's BidFair USA for $57 per share. More news on: Sotheby's, Consumer stocks news, Read more ...

Gainers:  Sotheby's (NYSE: BID ) +58% . Array BioPharma (NASDAQ: ARRY ) +57% . ContraVir Pharmaceuticals (NASDAQ: CTRV ) +42% . Vislink Technologies (NASDAQ: VISL ) +40% . MTech Acquisition (NASDAQ: MTEC ) +34% . Endurance International Group Holdings (NASDAQ: EIGI ) +26% . C&am...

NEW YORK, June 17, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Sotheby’s (NYSE: BID) to BidFair USA (“BidFair”) is fair to Sotheby’s shareholders. On behalf of Sotheby’s shareholders, H...

Stocks were little changed on Monday as investors looked ahead to a crucial Federal Reserve meeting this week. The Dow Jones Industrial Average gained 33.84 to open Monday at 26,123.45. The S&P 500 regained 5.81 points at 2,892.79, The NASDAQ Composite picked up 57.61 points t...