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Hudson's Bay Co (HBC.TO)

HBC.TO on Toronto Stock Exchange

10.10CAD
21 Sep 2018
Change (% chg)

$-0.29 (-2.79%)
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Volume
402,902
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195,762
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$13.43
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Latest Key Developments (Source: Significant Developments)

HBC To Focus On Driving Better Performance Of North American Business: CEO
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Hudson's Bay Co ::HUDSON'S BAY CFO SAYS EUROPEAN JV RETAIL EBITDA EXPECTED TO BE HIGHER THAN KAUFHOF STANDALONE EBITDA.HUDSON'S BAY EXPECTS "LIMITED" STORE CLOSURES FROM EUROPE JV - HBC CEO.HBC FOCUS IN COMING MONTHS TO BE ON DRIVING BETTER PERFORMANCE OF NORTH AMERICAN BUSINESS: CEO FOULKES.  Full Article

HBC Provides Update On Lord & Taylor Fifth Avenue Building Sale
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Hudson's Bay Co ::HBC PROVIDES UPDATE ON LORD & TAYLOR FIFTH AVENUE BUILDING SALE.HUDSON'S BAY CO - CLOSING DATE OF SALE HAS BEEN EXTENDED FROM AUGUST 10, 2018 TO NOVEMBER 13, 2018.HUDSON'S BAY CO - MAY ALSO ELECT TO EXTEND CLOSE TO FEBRUARY 11, 2019 BY PROVIDING NOTICE TO WPA.  Full Article

HBC Says Has Not Signed A Binding Agreement To Sell Or Combine Its European Business
Friday, 6 Jul 2018 

July 6 (Reuters) - Hudson's Bay Co ::HBC RESPONDS TO RECENT MARKET RUMOURS REGARDING ITS EUROPEAN BUSINESS.HBC- HAS NOT SIGNED A BINDING AGREEMENT TO SELL OR COMBINE ITS EUROPEAN BUSINESS OR PROPERTIES.HUDSON'S BAY CO - IS IN DISCUSSIONS WITH SIGNA HOLDING GMBH.HUDSON'S BAY CO - HAS SIGNED A NON-BINDING LETTER OF INTENT WITH RESPECT TO EXPLORATION OF A POTENTIAL JOINT VENTURE.  Full Article

Hudson's Bay Q4 Earnings Per Share $0.39
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Hudson's Bay Co ::HBC REPORTS FOURTH QUARTER AND FISCAL 2017 FINANCIAL RESULTS.HUDSON'S BAY CO - Q4 RETAIL SALES INCREASED 2.1% TO $4.7 BILLION; COMPARABLE SALES DECLINED BY 2.4%.HUDSON'S BAY CO QTRLY SAKS FIFTH AVENUE COMPARABLE SALES INCREASED 2.1%.HUDSON'S BAY CO - INVENTORY AT END OF Q4 DECLINED BY $9 MILLION COMPARED TO PRIOR YEAR.HUDSON'S BAY CO QTRLY EARNINGS PER SHARE $0.39.HUDSON'S BAY CO - MANAGEMENT EXPECTS TOTAL CAPITAL INVESTMENTS IN FISCAL 2018, NET OF LANDLORD INCENTIVES, TO BE BETWEEN $450 MILLION AND $500 MILLION.  Full Article

Hudson's Bay Reports Q3 Retail Sales Decreased 4.2 Pct TO $3.2 Bln
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Hudson's Bay Co ::- Q3 RETAIL SALES DECREASED 4.2% TO $3.2 BILLION; COMPARABLE SALES ON A CONSTANT CURRENCY BASIS DECLINED BY 3.2%.SAYS CO'S "TRANSFORMATION PLAN" REMAINS ON TRACK TO GENERATE ANNUAL SAVINGS OF $350 MILLION.QTRLY LOSS PER SHARE $1.33.- MANAGEMENT NOW EXPECTS TOTAL CAPITAL INVESTMENTS IN FISCAL 2017, NET OF LANDLORD INCENTIVES, TO BE BETWEEN $575 MILLION AND $625 MILLION.Q3 EARNINGS PER SHARE VIEW C$-0.74, REVENUE VIEW C$3.41 BILLION -- THOMSON REUTERS I/B/E/S.- INVENTORY AT END OF Q3 DECLINED BY $64 MILLION COMPARED TO PRIOR YEAR.  Full Article

Hbc Announces Agreement With Land & Buildings
Friday, 1 Dec 2017 

Hudson's Bay Co ::HBC ANNOUNCES AGREEMENT WITH LAND & BUILDINGS.HUDSON'S BAY - REACHED AGREEMENT WITH LAND & BUILDINGS TO WITHDRAW APPEAL OF TSX DECISION TO CONDITIONALLY APPROVE EQUITY INVESTMENT BY RHÔNE CAPITAL.HUDSON'S BAY CO - LAND AND BUILDINGS PROVIDED CUSTOMARY STANDSTILL IN FAVOUR OF HBC FOR PERIOD EXTENDING THROUGH HBC'S 2018 ANNUAL GENERAL MEETING.HBC - IF IT ISSUES EQUITY IN DEAL THAT WILL TRIGGER 1-YEAR PRICE PROTECTION, IT WILL DO SO THROUGH RIGHTS OFFERING TO ITS SHAREHOLDERS ON PRO RATA BASIS.HUDSON'S BAY CO - HBC CURRENTLY DOES NOT ANTICIPATE THAT PRICE PROTECTION PROVISIONS WILL BE TRIGGERED​.  Full Article

Hudson's Bay Provides Update Regarding Strong Shareholder Support For Rhone Capital Equity Investment
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Hudson's Bay Co ::HUDSON'S BAY COMPANY PROVIDES UPDATE REGARDING STRONG SHAREHOLDER SUPPORT FOR RHÔNE CAPITAL EQUITY INVESTMENT.HUDSON'S BAY CO - ‍SHAREHOLDERS REPRESENTING ALMOST TWO-THIRDS OF HBC'S OUTSTANDING COMMON SHARES HAVE NOW CONFIRMED THEIR SUPPORT FOR THE TRANSACTIONS​.HUDSON'S BAY- ‍PROVIDES UPDATE ON SHAREHOLDER SUPPORT FOR RHÔNE CAPITAL'S $500 MILLION EQUITY INVESTMENT OF 8-YEAR MANDATORY CONVERTIBLE PREFERRED SHARES​.  Full Article

Hudson’S Bay Company responds to appeal of TSX conditional approval for Rhône Capital Equity Investment
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Hudson's Bay Co :Hudson’S Bay Company responds to appeal of tsx conditional approval for Rhône Capital Equity Investment.Provided update related to Rhône Capital's Equity Investment of U.S. $500 million in form of 8-year mandatory convertible preferred shares​.Hudson's Bay says received notice of an appeal by land & buildings regarding TSX decision to conditionally approve Rhône Capital's Equity Investment​.Hudson's Bay says "‍will seek to have tsx decision confirmed" regarding Rhône Capital's Equity Investment​ and "appeal dismissed on an expedited basis".Hudson's Bay says ‍will continue to proceed with fulfilling all regulatory requirements to close Rhône Capital's Equity Investment​.  Full Article

HBC appoints Milton Pappas to chief marketing officer
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Hudson's Bay Co :HBC appoints Milton Pappas to Chief Marketing Officer.Hudson's Bay Co - ‍Pappas joined HBC in September 2016 as senior vice president, digital marketing​.  Full Article

Hudson's Bay says will consider proposal by Signa
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Hudson's Bay Co :Hudson's Bay Co ‍responds to Land & Buildings' press release issued on November 1, 2017​."‍HBC board will review conditional, non-binding, preliminary proposal by Signa in accordance with its fiduciary duties​".  Full Article

CANADA STOCKS-TSX flat as tech gains offset energy losses

Canada's main stock index treaded water on Friday as gains in the technology sector were offset by losses in shares of energy companies.