52.40 +0.01 (0.01%)
After hours: 4:44PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||52.05 - 53.59|
|52 Week Range||42.78 - 57.95|
|PE Ratio (TTM)||23.81|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Collectors clamored for Picasso and snapped up more than $1 billion of art at recent London sales, exhibiting confidence before the spring auctions in New York.
A year ago Sotheby’s hired David Schrader, a former JP Morgan institutional salesman, to head private sales for contemporary art in North America for the venerable auction house as part of its effort to strengthen and diversify its business beyond public auction sales. Private sales at Sotheby’s rose 28% in 2017 to nearly US$745 million, a four-year high. Much of the gain was outside the U.S., with private sales soaring 68% in Hong Kong and 71% in London.
The New York-based company said it had profit of $1.43 per share. Earnings, adjusted for pretax expenses and non-recurring costs, were $1.47 per share. The auction house posted revenue of $315.6 million ...
An international art advisory firm went on a Picasso shopping spree, dropping $155 million on at least 13 works in two days.
Reassured by a string of strong prices paid last year for high-end art—like that $450 million Leonardo da Vinci—collectors seem increasingly willing to pry their masterpieces off their walls and put them ...
Sotheby’s said it has acquired Viyet Inc., which runs an online marketplace focused on vintage and antique furniture.
A flawless diamond, the size of a large strawberry, is expected to fetch a world record price when it comes to market at Sotheby's in London this month. Weighing just over 102 carats, the round, brilliant white stone is smaller than a 118-carat oval diamond sold in Hong Kong in 2013, which currently holds the record price per carat. This one being a round brilliant cut - the asking price will be north of that," Patti Wong, chairman of Sotheby's Diamonds told Reuters.
Every company today is a tech company, a maxim that was proven out today when one of the world's oldest and biggest art auction houses acquired an AI startup.
Rating Action: Moody's assigns a Ba3 to Sotheby's note issuance. Global Credit Research- 07 Dec 2017. New York, December 07, 2017-- Moody's Investors Service, assigned a Ba3 rating to Sotheby's proposed ...
Lynette Yiadom-Boakye’s art has been a hit for more than a decade. Now her pieces are offering profitable returns for early buyers.
Another big day for earnings pushing stocks in both directions today. Yahoo Finance's Jen Rogers takes a look at the winners and losers.