Retail - Department Stores

Favorina Holdings Co Ltd Announces Takeover Bid Proposed by Individual

Favorina Holdings Co Ltd announced that it has agreed on the takeover bid proposed by an individual. The individual intends to acquire 1,089,780 shares of the Company, at the price of JPY 135 per share (JPY 5,302 million in total), during the period from May 20, 2013 to June 14, 2013. If the...

Friday, 17 May 2013

Netprice.com Ltd Amends Consolidated Outlook for Q1-Q3 of FY 2013

Netprice.com Ltd announced that it has affirmed the consolidated outlook for revenue of JPY 7,822 million-JPY 8,022 million and operating profit of a loss of JPY 53 million-JPY 6 million, but raised the outlook for ordinary profit from a loss of JPY 28 million-JPY 32 million to JPY 118 million-JPY...

Friday, 17 May 2013

Kohl's Corp Issues Q2 EPS 2013 Guidance In Line With Analysts' Estimates; Comments On Q2 2013 Revenue Guidance; Comments On Q2 2013 Comparable Store Sales Guidance

Kohl's Corp announced that for the second quarter of 2013, the Company expects earnings per diluted share (EPS) of $1.00 to $1.08 per diluted share based on assumptions of a total sales increase of 1% to 3% and a comparable store sales increase of 0% to 2%. According to I/B/E/S Estimates, analysts...

Thursday, 16 May 2013

Xi An Minsheng Group Co Ltd Announces Stake Decrease in Shenzhen-based Company

Xi An Minsheng Group Co Ltd announced that its stake in a Shenzhen-based futures company will decrease from 30% to 6%, due to the capital injection in the Shenzhen-based company from Changjiang Leasing Co., Ltd.

Thursday, 16 May 2013

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