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DANBURY, Conn. _ Ethan Allen Interiors Inc. on Monday reported fiscal third-quarter profit of $10.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Five analysts surveyed by Zacks expected $183.7 million.
Analysts have identified retail as the next sector that's likely to get rattled by activist investors.
That failed to sway a Delaware judge, who ruled last month that oil producer Vaalco Energy Inc had violated the state's widely used corporate law with a charter provision that barred the removal of directors without cause. The ruling could have an impact well beyond tiny Vaalco to include such well-known names as Aeropostale Inc, Cigna Corp, Ethan Allen...
Nov 24- Activist investor Sandell Asset Management Corp said its nominees were not elected to Ethan Allen Interiors Inc's board, dealing a blow to the hedge fund's intense, four-month effort to drive changes at the storied home furniture company. Tuesday's early results hand a victory to Ethan Allen's long time CEO, Farooq Kathwari, who has led the company in...
Nov 24- Activist investor Sandell Asset Management Corp said its nominees were not elected to Ethan Allen Interiors Inc's board, citing preliminary voting results at the company's 2015 annual meeting.
Big financials — Bank of America, Wells Fargo and BlackRock — report ahead of the opening bell Wednesday.
If you missed any or all of the action, the accompanying video provides a fast-paced rundown, all in less than two minutes.
Jim Cramer was inspired by CNBC's Delivering Alpha, and presented the best plays for your portfolio.
BlackRock's CEO Larry Fink said Wednesday that too many stock repurchases may be holding back the economy.
U.S. stocks closed mildly lower on Wednesday as investors remained anxious ahead of an impending Greek parliament vote.
Shares of several companies jump after activist investors unveiled ideas at Delivering Alpha.
This trio of cult stocks gets big headlines, but “Mad Money” host Jim Cramer breaks down which one is a buy.
'Mad Money' host Jim Cramer is putting overvaluation talk to the test.
Some of Wednesday's midday movers:
Farooq Kathwari, Ethan Allen Interiors chairman and CEO, says discounting is like a craze; retailers follow each other. It is a race to not making money, he adds.
Ultra-bear Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday that the same easy money policies affecting stock and bond prices drive speculative on the controversial digital currency bitcoin, which crossed the $1,200 briefly Friday morning.
Farooq Kathwari, Ethan Allen chairman, president & CEO, discusses how his company is changing the way it reaches new consumers with "The New Eclecticism."
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
Earnings: Still choppy, but mostly good news for tech and building materials.
Ethan Allen CEO Farooq Kathwari shares his opinions on where the U.S. economy is headed next, and how tax changes could affect his customers.