Sotheby’s (NYSE:BID)

China Trade War Fallout Puts Dark Clouds Over Luxury Goods

With an escalation in the trade war between the United States China, the impact is beginning to feel drastic all over again. We have seen these reactions before, but China ...
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Huge Buffett and Icahn Trades Highlight Insider Buying: Transdigm, Herbalife, Navistar, Calavo Growers, Sears and More

Another week in which the relentless strength of the stock market continued, albeit at a much slower pace. Despite a rate increase by the Federal Reserve, which had been well-telegraphed, stocks ...
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Insider Buying Jumps as Market Rally Slows: SunOpta, Fiesta Restaurant, IFF, Chesapeake Energy, LaJolla Pharmaceutical and More

After a breathtaking rally that started with the election of President Trump, the huge parabolic upside move finally slowed some this week, and insiders took notice. For really the first ...
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Insider Buying Skyrockets as Earnings Season Ends: Western Refining, Sotheby’s, Hertz, American Airlines and More

As we have been advising our 24/7 Wall St. readers, when the earnings reporting season comes to an end, the windows for insiders at major U.S. companies to make transactions ...
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Warren Buffet

Warren Buffett Continues Massive Energy Insider Buying: Phillips 66, Seagate Technology, General Electric and More

For investors, February so far is looking like more of the same. Up and down markets that seesaw intra-day often on the price of oil or dollar strength and weakness. ...
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down market

The 52-Week Low Club for Friday

August 8, 2014: Stocks making new 52-week lows today included the following four firms. Sotheby’s (NYSE: BID) saw shares fall about 12% to a new 52-week low of $35.68 after ...
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America’s Nine Most Damaged Brands

Some brands have stellar reputations as a result of innovation, well thought-out marketing strategies and good public relations from the companies behind them. On the other hand, weak or defective ...
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BestBuy storefront OK

Five Unusual Retail Winners From E-commerce Growth

The days of big-box retail dominating the market place are over. Brick-and-mortar stores that want to compete have to have everything online that compliments their traditional store presence, whether it ...
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24/7 Wall St. Closing Bell — August 7, 2012: Markets Do Instant Replay of Yesterday

The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a ...
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24/7 Wall St. Closing Bell — August 6, 2012: Market Rises on Low Volume, Lack of News

The three major US stock indexes opened higher this morning most likely due to the lack of bad news on the Eurozone’s financial troubles (more coverage here). Asian markets got ...
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Sotheby’s Finds Out That Research Analysts Matter, Maybe Too Much

Sometimes analyst upgrades and downgrades matter, and sometimes they do not.  Sotheby's (NYSE: BID) is finding that they sure matter this Monday.  We might usually skip an analyst upgrade or ...
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What ‘The Scream’ Record Sale Means For Art & Collectibles (BID, AMZN, EBAY)

Sotheby's (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of ...
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Extreme Alternative Investing: Edvard Munch’s The Scream, at $80 Million or So (BID)

If something can rise in value, investors and speculators may be involved. The world of art is one of the true alternative investing venues as investors often compete head-to-head with ...
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The three major US equities indexes opened higher this morning after another (small) drop in new unemployment benefits claims and a good, but smaller-than-expected, rise in personal income and spending ...
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Sotheby’s… When the Rich Appear to Stumble (BID)

Sotheby's (NYSE: BID) is supposed to cater to the economically privileged wealthy class in the world in its auction houses and consignment offerings.  Apparently its wealthy client base does not translate ...
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