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Cabela's Inc (CAB)

CAB on New York Consolidated

61.47USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Synovus receives regulatory approval to complete Cabela's transaction
Thursday, 7 Sep 2017 06:30am EDT 

Sept 7 (Reuters) - Cabela's Inc :Synovus receives regulatory approval to complete Cabela's transaction.Synovus Financial -‍ Synovus Bank got approval from board of governors of Federal Reserve System to acquire certain assets of Cabela's unit​.  Full Article

Cabela’s Q2 non-gaap earnings per share $0.53
Thursday, 3 Aug 2017 06:30am EDT 

Aug 3 (Reuters) - Cabela's Inc :cabela’s inc. Announces second quarter 2017 results.Q2 non-gaap earnings per share $0.53.Q2 earnings per share $0.41.Q2 same store sales fell 9.3 percent.Q2 revenue $890.4 million versus i/b/e/s view $908.8 million.Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S.  Full Article

Cabela’s stockholders approve combination with Bass Pro Shops
Tuesday, 11 Jul 2017 10:45am EDT 

July 11 (Reuters) - Cabela's Inc ::Cabela’s stockholders approve combination with Bass Pro Shops.Ttransaction is expected to close in Q3 of 2017​.  Full Article

‍Cabela's says FTC investigation of proposed merger closed- SEC filing​‍​
Wednesday, 5 Jul 2017 07:21am EDT 

July 5 (Reuters) - Cabela's Inc :‍Cabela's -on July 3, Federal Trade Commission notified Bass Pro Group and co that it had closed its investigation of the proposed merger - SEC filing​‍​.‍Cabela's- under terms of timing agreement that Bass Pro Group previously entered into with FTC, commitment of Bass Pro, co not to close deal has expired.  Full Article

Cabela's says waiting period extended to enable FTC staff to brief commissioners on merger
Monday, 26 Jun 2017 06:20am EDT 

June 26 (Reuters) - Cabela's Inc :Cabela's-Bass Pro informed co it agreed to timing deal with FTC under which it will extend waiting period under Hart-Scott-Rodino Antitrust until July 5.Cabela's - extention of waiting period to enable ftc staff to brief FTC commissioners on merger, to address any questions FTC commissioners may have.  Full Article

Cabela’s announces date of special shareholder meeting to approve bass pro deal
Monday, 5 Jun 2017 06:17am EDT 

June 5 (Reuters) - Cabela's Inc :Cabela’s files definitive proxy materials and announces date of special meeting for stockholders to approve Bass Pro shops transaction.Cabela's Inc - ‍special meeting is scheduled to be held on July 11, 2017, at 8:00 a.m. local time​.Cabela's Inc - ‍ acquisition of Cabela's by Bass Pro shops is expected to close in Q3 of 2017​‍​.  Full Article

Cabela’s announces Q1 EPS $0.28
Thursday, 4 May 2017 06:30am EDT 

May 4 (Reuters) - Cabela's Inc :Cabela’s announces first quarter 2017 results.For quarter, consolidated comparable store sales decreased 8.9 pct and U.S. comparable store sales decreased 9.1 pct.Q1 non-GAAP earnings per share $0.40.Q1 earnings per share $0.28.Q1 same store sales fell 8.9 percent.Q1 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Q1 revenue $834.9 million versus I/B/E/S view $860.2 million.Merchandise gross margin decreased by 80 basis points in quarter to 31.4 pct compared to 32.2 pct in same quarter a year ago."disappointed with our merchandise sales in Q1".  Full Article

Cabela's revises transaction agreements in connection with Bass Pro Shops merger
Monday, 17 Apr 2017 04:30pm EDT 

April 17 (Reuters) - Cabela's Inc -:Cabela's enters into revised transaction agreements in connection with Bass Pro Shops merger.Cabela's Inc - Cabela's shareholders to receive $61.50 per share under amended bass pro shops merger agreement.Cabela's Inc - Capital One to acquire credit card assets and related liabilities and become long-term cabela's credit card issuing partner.Cabela's Inc says cabela's board of directors unanimously approved transaction.Cabela's Inc - Synovus Bank to acquire assets and deposits of world's foremost bank.Cabela's Inc - under amended merger agreement, bass pro shops will acquire cabela's in deal representing aggregate deal value of about $5.0 billion.  Full Article

Synovus reports Q1 earnings per share $0.56
Monday, 17 Apr 2017 04:30pm EDT 

April 17 (Reuters) - Synovus Financial Corp -:Synovus announces earnings for the first quarter 2017.Q1 adjusted earnings per share $0.57.Q1 earnings per share $0.56.Q1 revenue rose 8.1 percent to $304.1 million.Q1 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Synovus Financial Corp - common equity tier 1 ratio was 9.86% at march 31, 2017 compared to 9.96% at december 31, 2016.Synovus Financial Corp - tier 1 capital ratio was 10.18% at march 31, 2017 compared to 10.07% at december 31, 2016.Synovus Financial Corp - tangible common equity ratio was 9.04% at march 31, 2017 compared to 9.09% at december 31, 2016.Synovus Financial-following closing of world's foremost bank trasaction,co to sell credit card assets,related liabilities to Capital One financial corp.Synovus Financial Corp - pursuant to terms of agreement, co will receive $75 million in consideration from cabela's and Capital One - sec filing.  Full Article

Synovus in talks to buy Cabela's financial unit - CNBC, citing report
Wednesday, 29 Mar 2017 04:01pm EDT 

: Synovus in talks to buy Cabela's financial unit - CNBC, citing report ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-Synovus receives regulatory approval to complete Cabela's transaction

* Synovus receives regulatory approval to complete Cabela's transaction