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Hudson's Bay Co (HBC.TO)

HBC.TO on Toronto Stock Exchange

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16 Nov 2018
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Wed, Sep 12 2018

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Hudson's Bay loss widens but margins rise; shares surge

TORONTO Canada's Hudson's Bay Co reported a second-quarter loss on Wednesday as sales fell at its Lord & Taylor and Saks OFF 5th divisions even as improved margins boosted its adjusted earnings, and shares surged nearly 5 percent in morning trading.

UPDATE 3-Hudson's Bay loss widens but margins rise; shares surge

TORONTO, Sept 12 Canada's Hudson's Bay Co reported a second-quarter loss on Wednesday as sales fell at its Lord & Taylor and Saks OFF 5th divisions even as improved margins boosted its adjusted earnings, and shares surged nearly 5 percent in morning trading.

Hudson's Bay sees 2018 losses of 194 million euros from European subsidiary: magazine

BERLIN Hudson's Bay expects to make losses of 194 million euros ($224.90 million) this year with its European subsidiary which includes German retail chain Kaufhof, Wirtschaftswoche magazine reported on Wednesday, citing internal documents.

Hudson's Bay sees 2018 losses of 194 mln euros from European subsidiary -magazine

BERLIN, Sept 12 Hudson's Bay expects to make losses of 194 million euros ($224.90 million) this year with its European subsidiary which includes German retail chain Kaufhof, Wirtschaftswoche magazine reported on Wednesday, citing internal documents.

Hudson's Bay second-quarter loss widens on lower sales

TORONTO, Sept 12 Canadian department store operator Hudson's Bay Co said on Wednesday its second-quarter loss widened due to lower sales from its Lord & Taylor, Hudson's Bay and Saks OFF 5th banners.

Hudson's Bay, Signa form European retail, real estate joint venture

BERLIN Hudson's Bay Co (HBC) and Signa Holding agreed on Tuesday to merge Germany's Galeria Kaufhof and Karstadt chains to form Europe's third-biggest department store chain as they battle online rivals, sending HBC shares surging. | Video

UPDATE 3-Hudson's Bay, Signa form European retail, real estate joint venture

* Deal includes sale of HBC properties (Adds quotes from HBC CEO, analyst, German union, Land & Buildings details)

RPT-Hudson's Bay, Signa agree German department store merger

BERLIN, Sept 11 Germany's two major department store chains Galeria Kaufhof and Karstadt will merge, owners Hudson's Bay Company and Signa Holding said in a joint statement on Tuesday.

Hudson's Bay, Signa agree German department store merger

BERLIN, Sept 11 Germany's two major department store chains Galeria Kaufhof and Karstadt will merge, owners Hudson's Bay Company and Signa Holding said in a joint statement on Tuesday.

Banks agree to merger of HBC's Kaufhof and Karstadt - Sueddeutsche

DUESSELDORF/BERLIN, Sept 6 Creditors of Hudson's Bay have agreed to a merger of the Canadian retailer's German department store chain Kaufhof with rival Karstadt, owned by Austria's Signa Holding, German daily Sueddeutsche Zeitung reported, citing no sources.

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