Best Healthcare Technology Compan ies To Buy Right Now: Saks Incorporated(SKS)
Saks Incorporated operates retail stores in the United States. Its stores offer an assortment of fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. The company operates stores under the brand name of Saks Fifth Avenue (SFA) that are principally free-standing stores in shopping destinations or anchor stores in upscale regional malls. It also operates Saks Fifth Avenue OFF 5TH (OFF 5TH) stores, which are primarily located in upscale mixed-use and off-price centers. As of January 28, 2012, the company operated 46 SFA stores; and 60 OFF 5TH stores. Saks Incorporated also sells its products online at saks.com, as well as through catalogs. The company was founded in 1919 and is headquartered in New York, New York.
Advisors' Opinion:- [By Tamara Rutter]
Canadian-based Hudson's Bay has announced that it will purchase luxury retailer Saks (NYSE: SKS ) for $16 per share in a deal valued at $2.9 billion. The appeal here for Hudson's Bay is interest in Saks' high-end real estate. In fact, the department store chain's Fifth Avenue Manhattanaddress alone is worth an estimated $805 million, according to Deborah Weinswig of Citigroup.
- [By Paul Ausick]
The only earnings reports of note since last Friday came from Saks Inc. (NYSE: SKS) which is trading down 0.2% at $15.99.
Before markets open Tuesday morning we are scheduled to hear results from Perfect World Co. Ltd. (NASDAQ: PWRD), Urban Outfitters Inc. (NASDAQ: URBN), Barnes & Noble Inc. (NYSE: BKS) which announced a new video app today, Best Buy Co. Inc (NYSE: BBY) which is included in our preview of this weeks results from retailers, Dicks Sporting Goods Inc. (NYSE: DKS), Home Depot Inc. (NYSE: HD), J.C. Penney Co. Inc. (NYSE: JCP), and Trina Solar Ltd. (NYSE: TSL).
source from Top Penny Stocks For 2015:http://www! .seekpennystocks.com/best-healthcare-technology-companies-to-buy-right-now-2.html
No comments:
Post a Comment