Edition:
United States

Sotheby's (BID.N)

BID.N on New York Stock Exchange

54.96USD
20 Jul 2018
Change (% chg)

$-0.13 (-0.24%)
Prev Close
$55.09
Open
$55.21
Day's High
$56.05
Day's Low
$54.85
Volume
123,865
Avg. Vol
99,173
52-wk High
$60.14
52-wk Low
$42.78

Latest Key Developments (Source: Significant Developments)

Sotheby's Spring 2018 Hong Kong Sales Total $466.5 Mln
Tuesday, 3 Apr 2018 09:08am EDT 

April 3 (Reuters) - Sotheby's ::SOTHEBY'S SPRING 2018 HONG KONG SALES TOTAL $466.5 MILLION.  Full Article

Sotheby's Extends Share Ownership To Employees Around The World
Tuesday, 27 Mar 2018 09:30am EDT 

March 27 (Reuters) - Sotheby's ::SOTHEBY'S EXTENDS SHARE OWNERSHIP TO EMPLOYEES AROUND THE WORLD.SOTHEBY'S - ‍AS A RESULT OF NEW COMPENSATION PROGRAM, 98% OF GLOBAL EMPLOYEES WILL EITHER OWN SHARES IN SOTHEBY'S, OR WILL RECEIVE CASH UNITS​.SOTHEBY'S - ‍ALL ELIGIBLE EMPLOYEES AROUND WORLD HAVE BEEN GRANTED RESTRICTED STOCK UNITS, REPRESENTING SHARES OF SOTHEBY'S COMMON STOCK, THIS MONTH​.  Full Article

Sotheby’S Reports Q4 Earnings Per Share $1.43
Thursday, 1 Mar 2018 07:00am EST 

March 1 (Reuters) - Sotheby's ::SOTHEBY’S REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.47.Q4 EARNINGS PER SHARE $1.43.BOARD APPROVES $100 MILLION INCREASE TO SHARE REPURCHASE AUTHORIZATION.QTRLY TOTAL REVENUES $315.6 MILLION VERSUS $308.7 MILLION.Q4 EARNINGS PER SHARE VIEW $1.34, REVENUE VIEW $311.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sotheby's Announces Acquisition Of Viyet
Tuesday, 13 Feb 2018 09:00am EST 

Feb 13 (Reuters) - Sotheby's ::SOTHEBY'S - ANNOUNCES ACQUISITION OF VIYET, ONLINE MARKETPLACE FOR INTERIOR DESIGN.SOTHEBY'S - VIYET TEAM, LED BY CEO ELIZABETH BROWN, WILL JOIN SOTHEBY'S, WHILE MAINTAINING THEIR BRAND AND BUSINESS OPERATION.SOTHEBY'S - PURCHASE PRICE OF VIYET WAS NOT MATERIAL TO COMPANY.  Full Article

Sotheby's ‍Acquires Thread Genius
Thursday, 25 Jan 2018 09:00am EST 

Jan 25 (Reuters) - Sotheby's ::SOTHEBY'S - ‍ACQUISITION OF THREAD GENIUS, A STARTUP SPECIALIZING IN TASTE-BASED IMAGE RECOGNITION AND RECOMMENDATION TECHNOLOGIES​.SOTHEBY'S - ‍THREAD GENIUS WAS FOUNDED BY ANDREW SHUM AND AHMAD QAMAR, BOTH OF WHOM WILL BE JOINING SOTHEBY'S​.  Full Article

Sotheby’s Prices $400 Million Of Senior Notes Due 2025
Thursday, 7 Dec 2017 04:37pm EST 

Dec 7 (Reuters) - Sotheby's ::SOTHEBY’S PRICES $400 MILLION OF SENIOR NOTES DUE 2025.SOTHEBY'S - PRICING OF $400 MILLION OF ITS SENIOR UNSECURED NOTES DUE 2025 THROUGH AN OFFERING TO QUALIFIED INSTITUTIONAL BUYERS.SOTHEBY'S - NOTES WILL BE SOLD TO INVESTORS AT A PRICE OF 100% OF PRINCIPAL AMOUNT THEREOF, PLUS ACCRUED INTEREST FROM DECEMBER 12, 2017.SOTHEBY'S - NOTES WILL PAY INTEREST SEMIANNUALLY AT A RATE OF 4.875% PER ANNUM AND WILL MATURE ON DECEMBER 15, 2025.  Full Article

Sotheby’S Announces Proposed Offering Of $400 Mln Of Senior Notes Due 2025
Thursday, 7 Dec 2017 06:57am EST 

Dec 7 (Reuters) - Sotheby's ::SOTHEBY’S ANNOUNCES PROPOSED OFFERING OF $400 MILLION OF SENIOR NOTES DUE 2025.SOTHEBY'S - TO USE PROCEEDS OF OFFERING TO REDEEM 5.25% SENIOR NOTES DUE 2022 AT PRICE OF 102.625% PLUS ACCRUED, UNPAID INTEREST TO REDEMPTION DATE.  Full Article

Sotheby's Q3 loss per share $0.45
Friday, 3 Nov 2017 07:00am EDT 

Nov 3 (Reuters) - Sotheby's -:Sotheby’S reports third quarter 2017 financial results.Q3 loss per share $0.45.Q3 earnings per share view $-0.68 -- Thomson Reuters I/B/E/S.Sotheby's - qtrly total revenues $‍171.4 million versus $91.5 million​.Q3 revenue view $108.7 million -- Thomson Reuters I/B/E/S.  Full Article

Sotheby's provides notice to lenders to reduce borrowing capacity of SFS credit facility to $800 mln eff. Oct 2, 2017 - SEC filing​
Monday, 2 Oct 2017 07:28am EDT 

Oct 2 (Reuters) - Sotheby's : :Sotheby's -‍ On Sept 27, co provided notice to lenders to reduce borrowing capacity of SFS credit facility to $800 million effective Oct 2, 2017 - SEC filing​.  Full Article

Sotheby's reports Q2 revenue $314.9 million
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Sotheby's :Sotheby's reports second quarter 2017 financial results.Q2 revenue $314.9 million versus I/B/E/S view $313.9 million.Sotheby's qtrly diluted earnings per share decreased by only 6%, from $1.52 to $1.43.  Full Article

Photo

Pooh's original Hundred-Acre Wood map sells for auction record

LONDON The original map of Winnie-the-Pooh's Hundred Acre Wood by artist E.H. Shepard was bought for a record-breaking 430,000 pounds ($570,137) on Tuesday, auctioneers Sotheby's said.