Entries tagged "Saks"
Apparently, after a year of pursuing Saks Inc., there are reports Icelandic investment firm Baugur Group hf is unlikely to place a bid for the retailer this year. ...
Shares in U.S. luxury department store chain Saks Inc. got a jolt Thursday on reports that Icelandic investor Baugur Group hf was still interested in the company. The retailer's shares rose as high as $10.90 before retreating to close up 5.35% at $10.44. Overall, shares are up from a 52-week low on July 14 of $9.15, but off a 52-week high on Nov. 15 of $23.05....
Mexican billionaire Carlos Slim Helu did a little bargain shopping at Saks. He bought 2 million more shares of upscale department store operator Saks Inc. for $9.6 million, building his stake in the retailer to 15.4 million shares, according to an SEC filing. ...
