|Bid||23.98 x 0|
|Ask||23.99 x 0|
|Day's Range||23.94 - 24.00|
|52 Week Range||23.78 - 28.91|
|PE Ratio (TTM)||9.30|
|Dividend & Yield||1.11 (5.82%)|
|1y Target Est||N/A|
Q2 2017 RioCan Real Estate Investment Trust Earnings Call
Retailer Hudson's Bay Co is unlikely to take its vast real estate holdings public any time soon, the head of RioCan Real Estate Investment Trust, a partner in a venture that holds some of those assets, said on Thursday. North America's oldest company, HBC is under pressure from activist investor Jonathan Litt, who disclosed a 4.3 percent stake in the company in June, to get cash from its real estate assets or take action to boost income from them. Initial public offerings of two joint ventures with billions of dollars in U.S., European, and Canadian real estate are "unlikely at this point" because market conditions are poor, RioCan founder and Chief Executive Edward Sonshine said in an interview in his Toronto office.
Rating Action: Moody's Downgrades Hudson's Bay Company to B2; Outlook Negative. Global Credit Research- 14 Jun 2017. New York, June 14, 2017-- Moody's Investors Service, today downgraded all ratings of ...