(:BID)

Oct 03, 2019 09:08 am ET
Sotheby's Announces Closing Of Acquisition By Patrick Drahi
NEW YORK, Oct. 3, 2019 /PRNewswire/ -- Sotheby's announced today that ownership of the Company has officially transferred to Patrick Drahi.  The acquisition, which was announced in June of this year, returns the 275-year-old firm to private ownership after 31 years on the New York Stock Exchange.
Sep 26, 2019 06:21 pm ET
Las Vegas Sands Set to Join S&P 500; Nektar Therapeutics to Join S&P MidCap 400; The Pennant Group to Join S&P SmallCap 600
NEW YORK, Sept. 26, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600:
Sep 19, 2019 10:00 am ET
Sotheby's Announces Regulatory Approvals and Planned Closing Date of Acquisition by Patrick Drahi
NEW YORK, Sept. 19, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) announced today that all regulatory approvals required for the acquisition of the Company by BidFair USA, an entity wholly owned by Patrick Drahi, have been obtained.  Sotheby's shareholders previously approved the merger at a special meeting held in New York on September 5, 2019.  The closing date of the merger is expected to be on October 3, 2019, subject to the satisfaction of customary closing conditions.  The merger will return Sotheby's to private ownership after 31 years as a public company traded on the New York Stock Exc
Sep 05, 2019 09:35 am ET
Sotheby's Shareholders Approve Proposed Acquisition by Patrick Drahi
NEW YORK, Sept. 5, 2019 /PRNewswire/ -- At a special meeting held in New York today, Sotheby's (NYSE: BID) shareholders approved the proposed acquisition of the Company by BidFair USA, an entity wholly owned by Patrick Drahi. 
Jul 31, 2019 12:31 pm ET
Shareholder Investigation Alert: Halper Sadeh LLP Reminds Investors That it is Investigating Whether the Sale of These Companies is Fair to Shareholders – CZR, DFRG, BID, LTXB
Halper Sadeh LLP, a global investor rights law firm, reminds investors that it is investigating the following companies: Caesars Entertainment Corporation (NASDAQ: CZR) The investigation concerns whether Caesars and its board of directors...
Jul 30, 2019 04:05 pm ET
Sotheby’s Reports 2019 Second Quarter Financial Results
Sotheby’s (NYSE: BID) today reported its financial results for the second quarter and six months ended June 30, 2019.  For the three months ended June 30, 2019, Sotheby’s reported net income of $57.0 million, or $1.20 per diluted share as...
Jul 18, 2019 08:14 pm ET
Investigation Alert: Halper Sadeh LLP is Investigating Whether the Sale of These Companies is Fair to Shareholders – BKS, BID
Halper Sadeh LLP, a global investor rights law firm, is investigating the following companies: Barnes & Noble, Inc. (NYSE: BKS)The investigation concerns whether Barnes & Noble and its board of directors breached their fiduciary duties and/or...
Jul 18, 2019 10:24 am ET
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of the Following Mergers
Rigrodsky & Long, P.A. announces that it is investigating: Carolina Trust BancShares, Inc. (NASDAQ CM: CART) regarding possible breaches of fiduciary duties and other violations of law related to Carolina Trust’s agreement to be acquired by...
Jul 15, 2019 12:18 pm ET
CZR, LTXB, CJ and BID SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers
Rigrodsky & Long, P.A. announces that it is investigating: Caesars Entertainment Corporation (NASDAQ GS: CZR) regarding possible breaches of fiduciary duties and other violations of law related to Caesar’s agreement to be acquired by Eldorado...
Jul 12, 2019 04:49 pm ET
INVESTOR RIGHTS ALERT: Halper Sadeh LLP Continues Investigating Whether the Sale of These Companies is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – LTXB, CJ, BID, CZR
Halper Sadeh LLP, a global investor rights law firm, is investigating the following companies: LegacyTexas Financial Group, Inc. (NASDAQ: LTXB)The investigation concerns whether LegacyTexas and its board of directors violated the federal...
Jul 10, 2019 05:44 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds MDSO, BID, and DFRG Shareholders About Its Ongoing Investigations
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16th...
Jul 03, 2019 02:37 pm ET
Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating the Boards of Directors of PCM, Caesars, Sotheby’s, and EMC on Behalf of Stockholders and Encourages Investors to Contact the Fir
Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of PCM, Inc., Caesars Entertainment Corporation, Sotheby’s, and EMC Insurance Group Inc.  Additional information about each potential...
Jul 01, 2019 05:27 pm ET
ORIT, LTXB, and BID SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers
Rigrodsky & Long, P.A. announces that it is investigating: Oritani Financial Corp. (NASDAQ GS: ORIT) regarding possible breaches of fiduciary duties and other violations of law related to Oritani’s agreement to merge with Valley National...
Jul 01, 2019 01:18 pm ET
MERGER ALERT – LTXB, BID, and PCMI: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. LegacyTexas Financial Group, Inc....
Jun 27, 2019 11:06 am ET
CZR, CY, BID and SFLY SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers
Rigrodsky & Long, P.A. announces that it is investigating: Caesars Entertainment Corporation (NASDAQ GS: CZR) regarding possible breaches of fiduciary duties and other violations of law related to Caesar’s agreement to be acquired by Eldorado...
Jun 26, 2019 12:53 pm ET
Legal Investigation Alert: Halper Sadeh LLP is Investigating Whether the Sale of These Companies is Fair to Shareholders – CZR, BID, CJ, MSL
Halper Sadeh LLP, a global investor rights law firm, is investigating Caesars Entertainment Corporation (NASDAQ: CZR), Sotheby’s (NYSE: BID), C&J Energy Services, Inc. (NYSE: CJ), and MidSouth Bancorp, Inc. (NYSE: MSL) in connection with the sale...
Jun 25, 2019 04:02 pm ET
SFLY, BID and AVP SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers
Rigrodsky & Long, P.A. announces that it is investigating: Shutterfly, Inc. (NASDAQ GS: SFLY) regarding possible breaches of fiduciary duties and other violations of law related to Shutterfly’s agreement to be acquired by affiliates of Apollo...
Jun 25, 2019 03:31 pm ET
SOTHEBY’S INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sotheby’s - BID
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sotheby’s (NYSE: BID) to BidFair USA. Under the terms of the proposed transaction, shareholders of Sotheby’s will receive only $57.00 in cash for each share of Sotheby’s that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Jun 25, 2019 11:37 am ET
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Sotheby’s (NYSE: BID) on Behalf of Sotheby’s Shareholders and Encourages Sotheby’s Investors to Contact the Firm
Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Sotheby’s (NYSE: BID) on behalf of Sotheby’s shareholders concerning its proposed acquisition by BidFair USA. Click here to participate in the action....
Jun 24, 2019 05:57 pm ET
MERGER ALERT – MDSO, LTXB, and BID: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Medidata Solutions, Inc. (NASDAQGS: MDSO)...
Jun 21, 2019 03:55 pm ET
LTXB, CJ and BID SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers
Rigrodsky & Long, P.A. announces that it is investigating: LegacyTexas Financial Group, Inc. (NASDAQ GS: LTXB) regarding possible breaches of fiduciary duties and other violations of law related to LegacyTexas’s agreement to be acquired by...
Jun 20, 2019 10:09 am ET
MERGER ALERT – GDI, BID, and LTXB: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. Gardner Denver Holdings, Inc. (NYSE: GDI)...
Jun 17, 2019 11:47 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Sotheby's to BidFair USA is Fair to Shareholders
The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Sotheby's (the “Company”) (NYSE: BID) stock prior to June 17, 2019. You are hereby notified that Levi & Korsinsky, LLP has commenced...
Jun 17, 2019 11:27 am ET
SOTHEBY’S SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Rigrodsky & Long, P.A.: Do you own shares of Sotheby’s (NYSE: BID)? Did you purchase any of your shares prior to June 17, 2019?Do you think the proposed buyout is fair?Do you want to discuss your rights?  Rigrodsky & Long, P.A. announces that it...
Jun 17, 2019 10:36 am ET
SOTHEBY’S MERGER INVESTIGATION: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sotheby’s is Fair to Shareholders – BID
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Sotheby’s (NYSE: BID) to BidFair USA (“BidFair”) is fair to Sotheby’s shareholders. On behalf of Sotheby’s shareholders, Halper Sadeh LLP may seek increased...
May 20, 2019 09:00 am ET
From Monet to KAWS: A $900+ Million Week of Auctions at Sotheby's Worldwide
NEW YORK, May 20, 2019 /PRNewswire/ -- Tad Smith, Sotheby's (NYSE: BID) CEO, commented: "It was an incredibly exciting and successful week at Sotheby's worldwide, which saw a number of record-breaking sales delivered on behalf of our clients, including the highlight of the spring auctions: the show-stopping Monet Haystacks. We were pleased to welcome 15,000 visitors into our reimagined and expanded New York galleries, and inaugurate a spectacular series of spaces to celebrate outstanding works of art as well as the legacies of many of the world's great collectors. We closed the week with an
May 10, 2019 09:00 am ET
Michael J. Wolf Appointed To Sotheby's Board Of Directors
NEW YORK, May 10, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) announced today that Michael J. Wolf has been unanimously elected to join the Company's Board of Directors. Mr. Wolf is the Chief Executive Officer of Activate, Inc., a management consulting firm he founded in 2009 specializing in technology, internet, media, entertainment, and consumer services businesses. 
May 02, 2019 07:00 am ET
Sotheby’s Reports 2019 First Quarter Financial Results
Sotheby’s (NYSE: BID) today reported its financial results for the first quarter ended March 31, 2019.  For the three months ended March 31, 2019, Sotheby’s reported a net loss of ($7.1) million, or ($0.15) per share as compared to ($6.5) million,...
Apr 18, 2019 07:00 am ET
Sotheby’s First Quarter 2019 Earnings Conference Call Invitation
Sotheby’s (NYSE: BID) will be holding its first quarter ended March 31, 2019 earnings conference call on Thursday, May 2, 2019 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief...
Apr 03, 2019 10:24 am ET
SOTHEBY'S SPRING 2019 HONG KONG SALES TOTAL $482 MILLION - Second Highest Total in Company History
HONG KONG, April 3, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) Spring 2019 Hong Kong auction series concluded today with a grand total of $482 million, exceeding the pre-sale high estimate for the series $300-428 million* and establishing the second highest total in company history, second only to Sotheby's landmark 40th anniversary sale total in Autumn 2013. The sales were marked by healthy activity across all categories and from all corners of Asia, with a strong combined sell-through rate of 90%.
Apr 01, 2019 02:14 pm ET
Sotheby's Hong Kong Contemporary Art Sales Realise HK$802 Million / US$102 Million
HONG KONG, April 1, 2019 /PRNewswire/ -- Today's sales of Contemporary Art in Hong Kong have just concluded, bringing the total for Contemporary Art sold at Sotheby's to HK$802 million / US$102 million.
Apr 01, 2019 09:00 am ET
Sotheby's Modern Art Evening Sale and Modern & Contemporary Southeast Asian Art Evening Sale in Hong Kong Achieve Exceptional Results: $114.7 Million Total
HONG KONG, April 1, 2019 /PRNewswire/ -- Last night in in Hong Kong, Sotheby's (NYSE: BID) Modern Art Evening Sale and Modern & Contemporary Southeast Asian Art Evening Sale both achieved outstanding results.
Apr 01, 2019 09:00 am ET
Tran-scend-ent Wines Smashes Record For Private Wine Collection Sold At Auction - Achieving $30 Million
HONG KONG, April 1, 2019 /PRNewswire/ -- A new record for a private wine collection sold at auction was set at Sotheby's (NYSE: BID) in Hong Kong last night, when a three-day sale of Tran-scend-ent Wines concluded with a grand total of $29,756,077, far surpassing its pre-sale low estimate of $19 million, and with 98% of lots sold.
Mar 26, 2019 07:35 am ET
Report: Exploring Fundamental Drivers Behind ABB, Sotheby's, Apollo Global Management, Verisk Analytics, Pattern Energy Group, and Community Healthcare Trust — New Horizons, Emerging Trends, and Upcom
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of ABB Ltd (NYSE:ABB), Sotheby's (NYSE:BID), Apollo Global Management, LLC...
Mar 20, 2019 09:00 am ET
A New Record for Any Item Sold in an Online-Only sale at Sotheby's to Date: The Nobel Memorial Prize for Economic Science Awarded to Friedrich von Hayek - One of the greatest minds of the 20th-Century
LONDON, March 20, 2019 /PRNewswire/ -- A new record for any item sold in an online-only sale at Sotheby's (NYSE: BID) was set yesterday when Friedrich von Hayek's Nobel Memorial Prize for Economic Science sold for £1.1 million / $1.5 million, almost triple its pre-sale low estimate (£400/600,000).
Mar 11, 2019 09:00 am ET
Sotheby's Celebrates 275 Years of History & Innovation
LONDON, March 11, 2019 /PRNewswire/ -- Today Sotheby's (NYSE: BID) turns 275.
Mar 06, 2019 01:12 pm ET
Sotheby's Contemporary Art Sales This Week in London Total $144 Million
LONDON, March 6, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) spring sale series of Contemporary Art achieved a total of $144 million, well above the low estimate of $117 million.  The two-day series was led by the Evening Sale, which achieved a total of $122 million with an impressive sell through rate of 90.9%. 
Mar 04, 2019 08:00 am ET
Stellar Results for Sotheby's First Contemporary Art Auction of 2019: Contemporary Curated Achieves $36.8 Million In New York - Highest-Ever Total for the Sotheby's Series
NEW YORK, March 4, 2019 /PRNewswire/ -- On Friday in New York, Sotheby's first Contemporary Art auction of the spring season totaled an exceptional $36.8 million – well exceeding its $30.8 million high estimate and with a strong 83.4% of lots sold.  For the second season in row, Sotheby's Contemporary Curated auction established the highest-ever total for the series, with new auction records established for Jack Whitten and Loie Hollowell, among others, as well as exceptional prices for artists Kerry James Marshall and Alice Neel.
Mar 04, 2019 07:30 am ET
New Research Coverage Highlights Suncor Energy, STARWOOD PROPERTY TRUST, INC, Gladstone Commercial, Mercury, Century Communities, and Sotheby's — Consolidated Revenues, Company Growth, and Expectation
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Suncor Energy Inc. (NYSE:SU), STARWOOD PROPERTY TRUST, INC. (NYSE:STWD),...
Feb 28, 2019 07:00 am ET
Sotheby’s Reports 2018 Full Year Financial Results
Sotheby’s (NYSE: BID) today reported its financial results for the fourth quarter and year ended December 31, 2018.  For the year ended December 31, 2018, Sotheby’s reported net income of $108.6 million, or $2.09 per diluted share, as compared to...
Feb 27, 2019 04:05 pm ET
Sotheby's Impressionist, Modern & Surrealist Art Sales This Week in London Total $143.7 Million
LONDON, Feb. 27, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) two-day sale series of Impressionist, Modern and Surrealist Art achieved a combined total of $143.7 million, above the low estimate of $105 million.  The series was led by the Evening Sale, which achieved $92.2 million with an impressive 90.9% sell through rate. Participation across the sales came from a record 51 countries, and the number of bidders from across Asia was up by 50% in the Evening Sale.
Feb 22, 2019 08:00 am ET
Sotheby's Expands And Reimagines Its New York Galleries With A Forward-Looking Design By Shohei Shigematsu Of OMA
NEW YORK, Feb. 22, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) today announced that it will unveil a dramatic expansion and reimagining of its New York City galleries on 3 May 2019.
Feb 21, 2019 09:00 am ET
Sotheby's to Present The First Contemporary Art Auction of the Season on March 1, 2019: CONTEMPORARY CURATED - With Co-Curators Agnes Gund & Oprah Winfrey
NEW YORK, Feb. 21, 2019 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to open our 2019 auctions of Contemporary Art with Contemporary Curated on 1 March in New York. Reflecting a diverse ensemble of works from the Post-War and Contemporary periods, with many exceptional highlights appearing at auction for the first time, this season's offering is accented by an outstanding group of works by African American and women artists, with examples by Olga de Amaral, Louise Bourgeois, Sam Gilliam, Eva Hesse, Yayoi Kusama, Kerry James Marshall and Faith Ringgold, among others.
Feb 14, 2019 07:00 am ET
Sotheby’s Full Year 2018 Earnings Conference Call Invitation
Sotheby’s (NYSE: BID) will be holding its fourth quarter and full year ended December 31, 2018 earnings conference call on Thursday, February 28, 2019 at 9:00 AM EST.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and...
Feb 08, 2019 08:00 am ET
Sotheby's Successfully Launches New Online Bidding Platform During Masters Week Sales Series
NEW YORK, Feb. 8, 2019 /PRNewswire/ -- This past weekend, Sotheby's (NYSE: BID) successfully conducted the first live auction on its new online bidding platform.  The sale opened with two weeks of competitive online bidding before culminating in a live auction event held at Sotheby's New York headquarters on February 2nd.  The auction featured paintings and decorative works of art – ranging from Old Masters and the Impressionists, to 18th and 19th Century continental furniture, and Asian art – and totaled $5.2 million, exceeding expectations and with an 84% sell-through rate.  Conducted and
Feb 04, 2019 09:47 am ET
Jan 31, 2019 09:18 am ET
Day One Of Sotheby's Ongoing Masters Week Sales Totals $67.8 Million
NEW YORK, Jan. 31, 2019 /PRNewswire/ -- Sotheby's (NYSE:BID) annual Masters Week sales series kicked off yesterday in New York, with 170 paintings and drawings sold across two auctions for an overall total of $67.8 million.
Jan 28, 2019 07:30 am ET
A Complete Archive Of Supreme Skate Decks Sells For $800,000 At Sotheby's
NEW YORK, Jan. 28, 2019 /PRNewswire/ -- The only complete archive of Supreme skate decks in private hands sold for $800,000 at Sotheby's on Friday.  Diligently and passionately assembled over decades by collector Ryan Fuller, the archive comprises all 248 decks produced by the iconic streetwear brand over 20 years from 1998 –2018.
Jan 25, 2019 10:58 am ET
Sotheby's Americana Week Auctions Total $21.3 Million In New York
NEW YORK, Jan. 25, 2019 /PRNewswire/ -- Sotheby's 2019 Americana Week auctions concluded yesterday in New York with an outstanding total of $21.3 million – our highest Americana Week series total since 2007*. Led by a printing of the celebrated William J. Stone reproduction of the Declaration of Independence that achieved $975,000, over 1,250 lots spanning more than five centuries of American history were sold over the course of five auctions.
Jan 22, 2019 07:20 am ET
Report: Exploring Fundamental Drivers Behind Sotheby's, National Health Investors, Denny's, Astronics, Tech Data, and XG Technology — New Horizons, Emerging Trends, and Upcoming Developments
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sotheby's (NYSE:BID), National Health Investors, Inc. (NYSE:NHI), Denny's...
Dec 20, 2018 10:59 am ET
Online Innovations Continue To Drive Results At Sotheby's
NEW YORK, Dec. 20, 2018 /PRNewswire/ -- 
Dec 20, 2018 10:59 am ET
Dec 14, 2018 09:08 am ET
Sotheby's Announces Repurchases Under Accelerated Share Repurchase Program
NEW YORK, Dec. 14, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) announced today that it will repurchase shares pursuant to an Accelerated Share Repurchase Program (ASR) for an aggregate purchase price of $70 million. Under the ASR agreement Sotheby's will receive an initial delivery of approximately 1,605,938 shares. The repurchase is part of the Company's previously announced share repurchase authorization. Under the ASR agreement, the Company may receive additional shares of its common stock, or may need to make additional payments in respect of the shares it received, based on the average o
Dec 13, 2018 11:04 am ET
Sotheby's Leads Asia For The Third Year In A Row
HONG KONG, Dec. 13, 2018 /PRNewswire/ -- "2018 has been the best year in the history of Sotheby's (NYSE: BID) Asia," commented Kevin Ching, Chief Executive Officer of Sotheby's Asia. "With an auction total of US$1 billion, well ahead of our competitors for the third consecutive year, the results cement our leadership in Asia. It is the combination of our unparalleled expertise and passion, innovative sale concepts, and our absolute commitment to clients that drives our continued success in an increasingly discerning and competitive market."
Dec 03, 2018 12:06 pm ET
Sotheby's Announces The Appointment Of John Cahill As EVP, Chief Commercial Officer & Ken Citron As EVP, Operations & Chief Transformation Officer
NEW YORK, Dec. 3, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of John Cahill to the role of Executive Vice President, Chief Commercial Officer, and Ken Citron to the role of Executive Vice President, Operations & Chief Transformation Officer.  The two new positions assume the previous role of Sotheby's Chief Operating Officer held by Adam Chinn, who will be leaving the company at the end of the year.  Cahill and Citron will join Sotheby's in January, working closely with the Company's leadership around the globe and reporting directly to Tad Smith, S
Nov 16, 2018 04:38 pm ET
A Billion Dollar Week of Auctions at Sotheby's Worldwide
NEW YORK, Nov. 16, 2018 /PRNewswire/ -- Today, Sotheby's (NYSE: BID) concluded a week of worldwide sales spanning New York, Geneva, London, Paris and online, with 1,675 lots sold over twelve auctions for a total of more than $1 billion*.  Across the auctions, nineteen lots exceeded $10 million and ten lots exceeded $20 million. From 20th- and 21st-century art to magnificent jewels and rare watches, auction history was made throughout the week and around the globe.  To view highlights and watch key bidding battles, click here. 
Nov 07, 2018 08:30 am ET
Research Report Identifies Kaman, Apartment Investment and Management, Immersion, Sturm, Ruger, Sotheby's, and Aerojet Rocketdyne with Renewed Outlook — Fundamental Analysis, Calculating Forward Movem
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Kaman Corporation (NYSE:KAMN), Apartment Investment and Management...
Nov 01, 2018 08:28 am ET
Pierre Bergé Collection Achieves $31 Million at Sotheby's Paris
PARIS, Nov. 1, 2018 /PRNewswire/ -- Over the course of two days, Sotheby's (NYSE: BID) Paris sold nearly 1,000 lots from the collection of Pierre Bergé for a total of $31.3 million and with 100% of lots sold for a rare 'white glove' event.   Over the course of the four-day exhibition, 5,000 visitors filled the galleries, and more than 80,000 visited the online catalogue for 'Collection Pierre Bergé: From One Home to Another'.        
Nov 01, 2018 07:00 am ET
Sotheby’s Reports 2018 Third Quarter Financial Results
Sotheby’s (NYSE: BID) today reported its financial results for the third quarter and nine months ended September 30, 2018.  For the three months ended September 30, 2018, Sotheby’s reported a net loss of ($27.8) million, or ($0.55) per diluted...
Oct 23, 2018 09:00 am ET
Sotheby's Launches New Student Loan Repayment Plan
NEW YORK, Oct. 23, 2018 /PRNewswire/ -- Sotheby's (NYSE:BID) is pleased to announce the launch of a new student loan repayment benefit program aimed at easing the burden of employees who are part of the $1.5 trillion student loan crisis in the United States.  The program will enable employees to repay their student debt – college or graduate – more quickly by supplementing their regular payments with monthly contributions from Sotheby's. 
Oct 22, 2018 11:02 am ET
Sotheby's FIAC Week Sales Of Modern & Contemporary Art In Paris Total Nearly $38 Million
PARIS, Oct. 22, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) annual sales of Modern and Contemporary Art held alongside the prestigious FIAC art fair in Paris concluded at the end of last week with a total of $37,808,112, representing a 52.6% increase over the same series of sales in October 2017, and with an 85% sell through rate.  More than 900 bidders from over 40 countries competed for 264 lots sold in five auctions over three days, including the Renand-Chapet and Oscar Mairlot Collections, sales of Impressionist & Modern Art, the second edition of the Modernités auction, and works cur
Oct 18, 2018 07:00 am ET
Sotheby’s Third Quarter 2018 Earnings Conference Call Invitation
Sotheby’s (NYSE: BID) will be holding its third quarter and nine months ended September 30, 2018 earnings conference call on Thursday, November 1, 2018 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer,...
Oct 15, 2018 01:11 pm ET
Sotheby's Worldwide Wine Sales Reach $88 Million To-Date In 2018 * 77% increase Over 2017 *
NEW YORK, Oct. 15, 2018 /PRNewswire/ -- This Saturday in New York, Sotheby's (NYSE: BID) October wine auctions concluded with a total of $12.3 million, with over 1,100 lots sold over the course of two days.
Oct 10, 2018 11:30 am ET
Sotheby's Launches Sotheby's Home: Luxury Design Marketplace
NEW YORK, Oct. 10, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the launch of Sotheby's Home, an online consignment marketplace specializing in vintage and antique furniture, decorative objects and accessories. Sotheby's Home connects collectors and design lovers with an approachable new platform to buy furniture, art and home décor from showrooms, dealers, interior designers and private individuals. For consignors, Sotheby's Home offers a solution encompassing all steps of the selling process, from curation and photography to moving and delivery.
Oct 08, 2018 08:15 am ET
Analysis: Positioning to Benefit within Sotheby's, NeoPhotonics, Knoll, AmeriGas Partners, San Juan Basin Royalty Trust, and Hersha Hospitality Trust — Research Highlights Growth, Revenue, and Consoli
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Sotheby's (NYSE:BID), NeoPhotonics Corporation (NYSE:NPTN), Knoll, Inc....
Oct 04, 2018 02:56 pm ET
Sotheby's Autumn 2018 Hong Kong Sales Total $466.1 Million
HONG KONG, Oct. 4, 2018 /PRNewswire/ --Sotheby's (NYSE: BID) Autumn 2018 Hong Kong auction series concluded this week with a grand total of $466.1 million, against a pre-sale low estimate of $401 million, a 15% increase compared to the same sales in October 2017.  The series of 20 auctions was led by a monumental modern masterpiece by Zao Wou-Ki, which sold for a record $65 million while other highlights included selling exhibitions of Western Art and the Important Watches auction which nearly doubled the equivalent sale last year.
Sep 19, 2018 08:00 am ET
Sotheby's Asia Week Auctions Total $33.9 Million In New York
NEW YORK, Sept. 19, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) Asia Week sale series concluded this weekend in New York, with 750+ works spanning centuries of important Asian art sold across five auctions for a total of $33.9 million. Thus far in 2018, Sotheby's New York sales of Asian Art have reached $113.4 million – an impressive 42.5% increase over the same period last year. Below is a look at the magnificent works and collections that drove these results. 
Sep 12, 2018 09:59 am ET
Sotheby's Announces Repurchases Under Accelerated Share Repurchase Program
NEW YORK, Sept. 12, 2018  /PRNewswire/ -- Sotheby's (NYSE: BID) announced today that it will repurchase shares pursuant to an Accelerated Share Repurchase Program (ASR) for an aggregate purchase price of $95 million. Under the ASR agreement Sotheby's will receive an initial delivery of approximately 1,792,453 shares. The repurchase is part of the Company's previously announced share repurchase authorization. Under the ASR agreement, the Company may receive additional shares of its common stock, or may need to make additional payments in respect of the shares it received, based on the daily v
Aug 29, 2018 09:00 am ET
First Phase Of Sotheby's New Mobile Bidding Platform Launches With 150+ Lot Online Film Posters Auction
NEW YORK, Aug. 29, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce that the first phase of its new mobile bidding platform has been released for the single owner Original Film Posters Online sale, which is open for bidding now until 5 September.  The online-only auction, which features the world's first film poster, is accessible on a mobile device through the Sotheby's app for both iOS and Android operating systems, as well from a web browser.
Aug 29, 2018 08:15 am ET
Detailed Research: Economic Perspectives on Cohu, Dropbox, PC Connection, Sotheby's, Hudson, and BBX Capital — What Drives Growth in Today's Competitive Landscape
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cohu, Inc. (NASDAQ:COHU), Dropbox, Inc. (NASDAQ:DBX), PC Connection, Inc....
Aug 28, 2018 05:16 pm ET
For The First Time A Concept Will Be Auctioned As A Work Of Art In Asia
HONG KONG, Aug. 28, 2018 /PRNewswire/ -- A concept will be auctioned as a work of art for the first time in Asia when Sotheby's (NYSE: BID) Hong Kong presents XUZHEN SUPERMARKET (Est. US$115/192,000) in its Contemporary Art Evening Sale on 30 September 2018.  Conceived by leading Chinese Contemporary artist XU ZHEN®, XUZHEN SUPERMARKET is one of the artist's most critically acclaimed works, which satirises consumerism and global capitalism. First exhibited in 2016, XUZHEN SUPERMARKET evolved from its predecessor, the SHANGHART SUPERMARKET, which debuted at Art Basel Miami Beach in 2007 and w
Aug 23, 2018 09:00 am ET
Sotheby's Expands Team In Asia
HONG KONG, Aug. 23, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce that Yasuaki Ishizaka will rejoin the Company as Chairman and Managing Director, Sotheby's Japan.  Based in Tokyo, Mr. Ishizaka will be responsible for leading the local team and driving Sotheby's business and presence in Japan.  He will also play a key role in Sotheby's business development strategy working closely with the Company's international leadership.  Mr. Ishizaka begins with Sotheby's in early September. 
Aug 06, 2018 07:00 am ET
Sotheby’s Reports 2018 Second Quarter Financial Results
Sotheby’s (NYSE: BID) today reported its financial results for the second quarter and six months ended June 30, 2018.  For the three months ended June 30, 2018, Sotheby’s reported net income of $57.3 million, or $1.08 per diluted share. These...
Aug 02, 2018 10:52 am ET
Sotheby's Expands Impressionist & Modern Art Team In The Americas
NEW YORK, Aug. 2, 2018 /PRNewswire/ -- Sotheby's is pleased to announce the expansion of our Impressionist & Modern Art Department in the Americas, with several promotions and appointments.
Jul 26, 2018 10:06 am ET
Sentient Jet and Sotheby’s Announce Exclusive Hamptons Weekend Event Series for Clients and Special Guests
Sentient Jet, a Directional Aviation company and the inventor of the Jet Card, in partnership with world-renowned art business Sotheby’s, today shared details on exciting events to be held for clients and select guests over the weekend of July 27th on New York’s luxurious Hamptons peninsula. The event series marks Sentient Jet’s latest collaboration with Sotheby’s as its Preferred Aviation Partner in North America, a title that the private jet provider has held since March 2017. In addition to special area events of this
Jul 25, 2018 08:10 am ET
Consolidated Research: 2018 Summary Expectations for CACI International, SELECT EGY SVCS, Internap, Sotheby's, Verint, and Corbus Pharmaceuticals — Fundamental Analysis, Key Performance Indications
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CACI International, Inc. (NYSE:CACI), SELECT EGY SVCS (NYSE:WTTR),...
Jul 23, 2018 07:00 am ET
Sotheby’s Second Quarter 2018 Earnings Conference Call Invitation
Sotheby’s (NYSE:BID) will be holding its second quarter and six months ended June 30, 2018 earnings conference call on Monday, August 6, 2018 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike...
Jun 28, 2018 10:33 am ET
Sotheby's Vice Chairman Hugh Hildesley Honored By Her Majesty The Queen
NEW YORK, June 28, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce that Hugh Hildesley, Vice Chairman, Trusts & Estates, has received an MBE – Member of the Order of the British Empire – in recognition of his services to charity. The award was announced as part of the annual Queen's Birthday Honours, which recognizes the achievements of extraordinary people across the United Kingdom.
May 18, 2018 04:00 pm ET
A Billion Dollar Week of Sales at Sotheby's Worldwide
NEW YORK, May 18, 2018 /PRNewswire/ --
May 18, 2018 07:45 am ET
Report: Developing Opportunities within Griffon, CEVA, Approach Resources, XG Technology, Sotheby's, and Home — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Griffon Corporation (NYSE:GFF), CEVA, Inc. (NASDAQ:CEVA), Approach...
May 03, 2018 04:05 pm ET
Sotheby’s Reports 2018 First Quarter Financial Results
Sotheby’s (NYSE:BID) today reported its financial results for the first quarter ended March 31, 2018.  For the three months ended March 31, 2018, Sotheby’s reported a net loss of ($6.5) million, or ($0.12) per share. These results represent...
Apr 26, 2018 10:35 am ET
Treasures from Chatsworth Presented by Huntsman Wins a Webby Award for Best Branded Series
NEW YORK, April 26, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) video series Treasures from Chatsworth, presented by Huntsman and produced by Chrome Productions, has won a Webby Award for the Best Branded Series as part of this year's prestigious 22nd Annual Webby Awards ceremony. The category included further nominees from industry leading production companies such as ABC Digital Studios, Intel and Funny or Die.  This year, Sotheby's was nominated for three Webby Awards in total, including Best VR: Branded Cinematic or Pre-Rendered (Masters of Surrealism) and Animation (CGI Brings Turner Mas
Apr 18, 2018 11:30 am ET
Sotheby’s First Quarter 2018 Earnings Conference Call Invitation
NEW YORK, April 18, 2018 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) will be holding its first quarter ended March 31, 2018 earnings conference call on Thursday, May 3, 2018 at 4:45 PM EDT.  The call will be hosted by...
Apr 03, 2018 09:08 am ET
Sotheby's Spring 2018 Hong Kong Sales Total $466.5 Million
HONG KONG, April 3, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) Spring 2018 Hong Kong auction series concluded today with a grand total of $466.5 million, against a pre-sale estimate of $353/495 million*, and with a strong combined sell-through rate of 89%.  
Mar 31, 2018 10:13 am ET
Sotheby's Sets World Record For A Wine Sales Series
HONG KONG, March 31, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) set a world record for any wine sales series when a two-day series of auctions in Hong Kong brought a combined total of HK$228,300,300 / US$29,090025. Comprising 1,758 lots, The Philanthropist's Cellar, The Cellar from the Estate of Jerry Perenchio, and Finest & Rarest Wines were 100% sold.
Mar 29, 2018 03:38 pm ET
Sotheby's Expands Investor Relations Team
NEW YORK, March 29, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Dan Abernethy as Vice President, Investor Relations and Corporate Communications.   A veteran of Sotheby's global Communications team, Mr. Abernethy will begin his new role this spring reporting to Mike Goss, Sotheby's Chief Financial Officer.
Mar 29, 2018 02:13 pm ET
S&P Raises Sotheby's Unsecured Debt Rating
NEW YORK, March 29, 2018 /PRNewswire/ -- Sotheby's (NYSE:BID) is pleased to share that S&P Global Ratings raised the Company's unsecured debt rating in a press release issued yesterday.  The recovery rating on Sotheby's $400 million senior unsecured notes was revised to '3' from '5', and the issue-level rating on the senior notes was raised from to 'BB-' from 'B+'. 
Mar 27, 2018 09:30 am ET
Sotheby's Extends Share Ownership To Employees Around The World
NEW YORK, March 27, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce that all eligible employees around the world have been granted restricted stock units, representing shares of Sotheby's common stock, this month.  Sotheby's is proud to be a business where employees are also owners and can benefit directly from the Company's success.  Traded under the ticker symbol BID, Sotheby's is the oldest company traded on the New York Stock Exchange.
Mar 26, 2018 09:00 am ET
Sotheby's New York Asia Week Auctions Total $78.3 Million - Nearly 50% Increase Year-Over-Year
NEW YORK, March 26, 2018 /PRNewswire/ -- Eight days of exhibition, six days of sales and 11 auctions of Asian Art brought Sotheby's (NYSE: BID) a total of $78.3 million, exceeding the pre-sale estimate of $50 million and representing a 49% increase over the same series of sales held one year ago. 
Mar 23, 2018 08:15 am ET
Report: Developing Opportunities within Ellington Financial, Digimarc, S&T, Sotheby's, Ebix, and Tyler Technologies — Future Expectations, Projections Moving into 2018
NEW YORK, March 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ellington Financial LLC (NYSE:EFC), Digimarc Corporation...
Mar 09, 2018 08:00 am ET
Two Weeks Of Sales Brings Over $430 Million At Sotheby's
LONDON and NEW YORK and PARIS, March 9, 2018 /PRNewswire/ -- Between February 28 and March 8, 2018, Sotheby's (NYSE:  BID) held eight auctions of Contemporary, Modern and Impressionist Art that brought a total of more than $430 million, with an average sell-through rate of 80%.  Highlights ranged from $70 million paid for a stunning portrait by Pablo Picasso, to the highest total for an online-only sale at Sotheby's to date.  "It has been a great two weeks for Sotheby's with strong prices achieved at every level of the market," commented Tad Smith, Sotheby's CEO, adding, "these results bode
Mar 01, 2018 07:00 am ET
Sotheby’s Reports 2017 Full Year and Fourth Quarter Financial Results
NEW YORK, March 01, 2018 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) today reported its financial results for the fourth quarter and year ended December 31, 2017. 
Feb 15, 2018 07:00 am ET
Sotheby’s Fourth Quarter 2017 Earnings Conference Call Invitation
NEW YORK, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) will be holding its fourth quarter and twelve months ended December 31, 2017 earnings conference call on Thursday, March 1, 2018 at 9:00 AM EDT.  The call will...
Feb 13, 2018 08:00 am ET
Sotheby's Expands E-Commerce Program
NEW YORK, Feb. 13, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the acquisition of Viyet, the online marketplace for interior design specializing in vintage and antique furniture, decorative objects and accessories. Viyet's business model complements Sotheby's existing suite of auction and private sale services at the high end of this market, providing clients with simple, fixed price opportunities whenever they wish to buy and sell. This acquisition advances a number of strategic priorities for Sotheby's including growing sales at a more accessible price point, w
Feb 05, 2018 08:46 am ET
Sotheby's Masters Week Sales Series Totals $82.5 Million In New York
NEW YORK, Feb. 5, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) annual Masters Week auctions achieved an overall total of $82.5 million – approaching the high estimate for the series of $85.9 million.  This total is nearly double the results of the same sale series in 2017 ($41.9 million).  
Jan 25, 2018 08:00 am ET
Sotheby's Enhances Data Capabilities
NEW YORK, Jan. 25, 2018 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce advancements in data capabilities and strategy, including the acquisition of Thread Genius, a startup specializing in taste-based image recognition and recommendation technologies.  Thread Genius was founded by two software and machine learning engineers – Andrew Shum and Ahmad Qamar – both of whom will be joining Sotheby's this week.  The acquisition of Thread Genius is a continuation of Sotheby's focus on data and technology to drive innovation and improve both internal processes and client service and exp
Jan 24, 2018 07:35 am ET
Research Report Identifies Sotheby's, Viper Energy Partners LP, J & J Snack Foods, Boeing, Boston Beer, and Getty Realty with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, Jan. 24, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sotheby's (NYSE:BID), Viper Energy Partners LP...
Dec 22, 2017 08:00 am ET
Sotheby's 2017 Auctions Reach $4.7 Billion Worldwide
NEW YORK, Dec. 22, 2017 /PRNewswire/ -- Sotheby's concluded our 2017 auctions this week, reaching an annual sales total of $4.7 billion that represents a 13.1% increase over our 2016 results. From the record-breaking sale of Jean-Michel Basquiat's 1982 masterpiece Untitled to Japanese collector and entrepreneur Yusaku Maezawa, to the crowds who visited our London galleries to view the personal collection of Gone With the Wind star Vivien Leigh, below is a look back at the major moments that helped define the year at Sotheby's:
Dec 21, 2017 11:10 am ET
Sotheby's 2017 Global Wine Auctions Total $64 Million
NEW YORK, Dec. 21, 2017 /PRNewswire/ --
Dec 20, 2017 09:12 am ET
A Year Of Digital Innovation At Sotheby's
NEW YORK, Dec. 20, 2017 /PRNewswire/ -- "Continued innovation at Sotheby's (NYSE: BID) in 2017 has allowed us to serve more clients, in more ways, than ever before," commented Tad Smith Sotheby's CEO.  "We look forward to 2018 and creating more opportunities to deliver outstanding results for our clients and shareholders."
Dec 15, 2017 12:01 pm ET
Dec 15, 2017 08:30 am ET
Sotheby's Leads The Global Auction Market For Jewelry With Worldwide Total Of $551.3 Million In 2017
NEW YORK, Dec. 15, 2017 /PRNewswire/ -- With worldwide sales for the year totaling $551,300,000, Sotheby's (NYSE: BID) Jewelry division is proud to lead the global auction market in this category.  As well as strong results for colored gemstones and signed jewels, major highlights from 2017 include a world auction record for any diamond or gemstone, with "The CTF Pink Star" ($71.2 million, Hong Kong, 4 April) and a world auction record for earrings, with "The Memory of Autumn Leaves" and "The Dream of Autumn Leaves" ($57.4 million, Geneva, 15 May).
Dec 08, 2017 02:00 pm ET
Sotheby's December 2017 Contemporary Art Sales In Paris Total $51.1 Million (€43.1 Million)
PARIS, Dec. 8, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) December sales of Contemporary Art in Paris concluded yesterday with a total of $51.1 million (€43.1 million), bringing the annual total for the category in France to $88.7 million (€78.7 million), a 41% increase in USD and 38.8% increase in EUR compared to 2016.
Dec 08, 2017 12:17 pm ET
Dec 07, 2017 04:38 pm ET
Sotheby’s Prices $400 Million of Senior Notes Due 2025
NEW YORK, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) today announced the pricing of $400 million of its senior unsecured notes due 2025 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities...
Dec 07, 2017 01:34 pm ET
International Collectors Vie For Masterworks From The Past At Sotheby's London This Week
LONDON, Dec. 7, 2017 /PRNewswire/ -- This week, the enduring appeal of masterworks from the past was once again reaffirmed, with Sotheby's  (NYSE: BID)  London auctions of Old Master Paintings, sculpture, works of art, furniture, and medieval and Renaissance books bringing a combined total of $44.8 million  (£33.3 million), well within pre-sale expectations.  
Dec 07, 2017 06:57 am ET
Sotheby’s Announces Proposed Offering of $400 Million of Senior Notes Due 2025
NEW YORK, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) is proposing to offer and sell, subject to market and other conditions, $400 million in aggregate principal amount of its senior notes due 2025. The notes will be...
Dec 06, 2017 08:00 am ET
Laurence Nicolas Appointed Head of Sotheby's Global Jewelry & Watches Divisions
NEW YORK, Dec. 6, 2017 /PRNewswire/ -- Sotheby's  (NYSE: BID)  is pleased to announce the appointment of Laurence Nicolas as Executive Vice President, Global Managing Director, Jewelry and Watches – a position at the junction of two of Sotheby's fastest growing categories. Reporting to the Company's CEO, Tad Smith, Ms. Nicolas will lead the various channels of Sotheby's Jewelry and Watch businesses including auction, private, e-commerce and retail sales, as well as the Company's diamond venture, Sotheby's Diamonds.
Nov 20, 2017 09:00 am ET
One Week Of Sales Totals $852 Million At Sotheby's Worldwide
NEW YORK, Nov. 20, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) last week held a week of worldwide auctions across our New York, Geneva, London and Dubai salesrooms, with 3,885 lots sold over 13 auctions for a total of $852 million. From 20th- and 21st-century art to magnificent jewels and rare wines, auction history was made throughout the week and around the globe.
Nov 03, 2017 07:00 am ET
Sotheby’s Reports Third Quarter 2017 Financial Results
NEW YORK, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) today reported its financial results for the third quarter and nine months ended September 30, 2017. 
Oct 06, 2017 03:59 pm ET
Sotheby's London Contemporary Art Sales This Week Total $114.1 MILLION
LONDON, Oct. 6, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) autumn sales of Contemporary Art in London concluded today with a combined total of $114.1 million, a 10% increase over the same series held one year ago.  This week's results bring the total value of Contemporary Art sold at Sotheby's London so far this year to $405.1 million.  Worldwide sales of Contemporary Art at Sotheby's are up more than 30% year-to-date.  
Oct 03, 2017 11:09 am ET
Sotheby's Autumn 2017 Hong Kong Sales Achieve $404 Million - 42% Increase Year-Over-Year -
HONG KONG, Oct. 3, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) Autumn 2017 Hong Kong auction series achieved a grand total of $404 million, against a low estimate of $309 million* and with a combined sell-through rate of 86%.
Sep 21, 2017 11:00 am ET
Valentino D. Carlotti to Join Sotheby's Executive Management Team as Global Head of Business Development
NEW YORK, Sept. 21, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Valentino D. Carlotti as Executive Vice President and Global Head of Business Development.  Mr. Carlotti will join Sotheby's on October 30th after more than two decades at Goldman Sachs.  A senior partner at Goldman Sachs, Mr. Carlotti most recently served as the Global Business Partner for the Investment Banking and Merchant Banking Divisions.  Mr. Carlotti will be based in New York and report to Tad Smith, the Company's Chief Executive Officer.
Sep 06, 2017 11:00 am ET
Dorella R. Madeira Appointed Managing Director of Sotheby's Financial Services
NEW YORK, Sept. 6, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Dorella R. Madeira as Managing Director of Sotheby's Financial Services reporting to Chief Financial Officer, Mike Goss.  Based in New York, Ms. Madeira will lead Sotheby's global art financing arm and begins this week.  She succeeds Jan Prasens who was recently appointed Managing Director of Sotheby's Europe, including the Company's operations in the Middle East, Russia, India and Africa.
Aug 24, 2017 03:06 pm ET
John Auerbach Joins Sotheby's to Lead Middle Market Growth Businesses in the Americas
NEW YORK, Aug. 24, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of John Auerbach as a Senior Vice President leading the Company's middle market growth businesses in the Americas.  As the General Manager of Sotheby's new Art & Objects Division, Mr. Auerbach will be based in New York and begins this month.  
Aug 07, 2017 01:10 pm ET
Art Experiences First Period of Stabilized Returns Since 2011
NEW YORK, Aug. 7, 2017 /PRNewswire/ -- Following the close of the first half of the year on June 30, 2017, Sotheby's (NYSE: BID) conducted a review of works sold by Sotheby's and Christie's at auction during the period. According to Sotheby's Mei Moses database, the average compound annual return (CAR) on art sold at auction in the first half of 2017 remained consistent compared to prior year, the first period of stabilization since 2011. 
Jul 27, 2017 11:30 am ET
Jill Bright To Join Sotheby's Senior Executive Team Leading Human Resources And Administration Globally
NEW YORK, July 27, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Jill Bright as Executive Vice President of Human Resources and Administration, reporting to Tad Smith, the Company's President and Chief Executive Officer.  Ms. Bright will be based in New York and begins in early September.
Jul 24, 2017 11:00 am ET
Prep for Prep High School Students Spend Four Weeks Discovering The Art World At Sotheby's
NEW YORK, July 24, 2017 /PRNewswire/ -- Sotheby's is pleased to host a summer program for students participating in the Prep for Prep program at its York Avenue headquarters. Prep for Prep is an educational leadership development organization that prepares and places New York City's most able students of color into leading independent schools.
Jun 30, 2017 12:00 pm ET
Sotheby's June 2017 Sales of Contemporary Art in London Total $105.7 Million, Exceeding Expectations and with an Overall Sell-Through Rate of 82%
LONDON, June 30, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) June 2017 sales of Contemporary Art in London totaled $105.7 million, representing an increase of 20% in GBP and 16% in USD over the same series last year.  The sales capped eight days of auctions of Impressionist, Modern & Contemporary Art at Sotheby's that achieved $310.3 million.       
Jun 19, 2017 10:00 am ET
Jan Prasens Appointed Managing Director of Sotheby's Europe, Including Operations in the Middle East, Russia, India and Africa
NEW YORK, June 19, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Jan Prasens as Managing Director of Sotheby's Europe, including the Company's operations in the Middle East, Russia, India and Africa.  While he will be based in London, Jan's responsibilities will extend across each of these regions, where he will lead and develop both Sotheby's activities and staff. A seasoned member of Sotheby's senior management team, Jan has spent the past decade building Sotheby's Financial Services from a small lender focused on supporting auction transacti
May 22, 2017 01:32 pm ET
May 17, 2017 10:51 am ET
Sotheby's Geneva Sale Of Magnificent Jewels & Noble Jewels Achieves $151.5 Million, Above Expectations
GENEVA, May 17, 2017 /PRNewswire/ -- Last night in Geneva, Sotheby's (NYSE: BID) biannual sale of Magnificent Jewels & Noble Jewels achieved a total of $151.5 million, beating expectations.  The sale was led by 'The Apollo and Artemis Diamonds', which sold to an anonymous buyer for a combined $57.4 million, setting a new world record for earrings at auction.
Apr 05, 2017 10:09 am ET
Sotheby's April 2017 Hong Kong Sales Achieve $406.1 Million
HONG KONG, April 5, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) Spring 2017 Hong Kong auctions achieved a grand total of $406.1 million against a low estimate of $313 million* and with a combined sell-through rate of 87% across the series of sales.
Apr 04, 2017 03:07 pm ET
Sotheby's Sets New World Auction Record For Any Diamond Or Jewel
HONG KONG, April 4, 2017 /PRNewswire/ -- This evening in Hong Kong, Sotheby's (NYSE: BID) set a new world auction record for any diamond or jewel when The Pink Star, a 59.60-carat oval fancy vivid pink and internally flawless diamond, sold for $71.2 million.  The buyer was Hong Kong jeweler Chow Tai Fook, with the winning telephone bid placed by their Chairman, Dr. Henry Cheng Kar-Shun, who has renamed the stone The CTF Pink.
Mar 13, 2017 06:41 pm ET
Sotheby's Opens Dubai Office and Gallery
DUBAI, United Arab Emirates, March 13, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is delighted to announce the official opening of Sotheby's Dubai in the heart of the Dubai International Financial Centre, UAE.  The new office and gallery space complements Sotheby's existing network of offices across the region and will serve clients through an expanded program of year-round events, including selling and non-selling exhibitions, events and talks.  As part of the opening celebrations, highlights from Sotheby's upcoming global auctions of Modern and Contemporary Arab and Iranian Art, Treasures
Mar 09, 2017 01:57 pm ET
Sotheby's March 2017 Auctions of Contemporary Art in London Achieve $164 Million (£134.7 Million) A 32.4% Increase on the Same Sales Held One Year Ago
LONDON, March 9, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) 8 & 9 March 2017 sales of Contemporary Art in London achieved a total of $164,006,311 (£134,680,875), exceeding pre-sale expectations ($110.9-154.7 million/£91.1-127 million). The results represent a 32.4% increase in Dollars and a 57.3% increase in Pounds on the same sales one year ago.
Mar 03, 2017 08:00 am ET
Sotheby's First Contemporary Art Auction of 2017 Exceeds Expectations
NEW YORK, March 3, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) spring season of contemporary art auctions began yesterday in New York with Contemporary Curated achieving $26,187,625, above the $16.4/23 million pre-sale estimate.  The sale was led by Ed Ruscha's Broken Pencil, which nearly tripled its high estimate of $450,000 to sell for $1.3 million, and Gerhard Richter's Abstraktes Bild (843-4) from the collection of Ed Cohen and Victoria Shaw that sold for $1.2 million, above the $800,000 pre-sale estimate.
Mar 02, 2017 03:35 pm ET
Sotheby's March 2017 Sales Of Impressionist & Modern Art In London Total $264.4 Million (£213.9 Million), A 40.7% Increase on the Same Sales Held One Year Ago
LONDON, March 2, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) March 2017 sales of Impressionist & Modern Art in London achieved $264.4 million (£213.9 million), exceeding their overall low estimate of $208.7 million (£175.5 million).  The results represent a 40.7% increase in Dollars and a 68.7% increase in Pounds on the same sales one year ago.  The series was anchored by an evening sale that achieved $240.8 million (£194.7 million), the highest for any auction held anywhere in London.  Six works were sold for more than $10 million each, including three paintings by Pablo Picasso and othe
Feb 27, 2017 07:00 am ET
Sotheby’s Reports Fourth Quarter and Full Year 2016 Financial Results
NEW YORK, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) today reported its financial results for the fourth quarter and full year ended 31 December 2016. ...
Feb 02, 2017 08:30 am ET
Lord Harry Dalmeny Appointed Chairman Of Sotheby's In The United Kingdom
LONDON, Feb. 2, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Lord Harry Dalmeny as Chairman in the United Kingdom.  In this capacity, Harry will lead Sotheby's client-focused activities in the United Kingdom and Ireland, continuing to develop and nurture key relationships, and drive Sotheby's strategy.  Harry will also be responsible for ensuring a rich and exciting trajectory for Sotheby's long tradition of landmark house and single-owner sales – an area in which he has, for many years, played a highly significant role.
Feb 01, 2017 05:09 pm ET
Adam Chinn Appointed Chief Operating Officer Of Sotheby's
NEW YORK, Feb. 1, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Adam Chinn to the role of Chief Operating Officer.  The seasoned executive will continue to serve as the Company's top deal-maker and will have management responsibility for business leaders in key areas of operation.  Chinn will work closely with Sotheby's leadership around the globe and report directly to Tad Smith, Sotheby's CEO.
Feb 01, 2017 10:30 am ET
Sotheby's Expands Private Sales Business
NEW YORK, Feb. 1,  2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of David Schrader as Head of Private Sales for Contemporary Art, New York.  David will join Sotheby's after nearly two decades on Wall Street, most recently as a Managing Director at J.P. Morgan dealing with some of the world's largest financial institutions.  During that time, he also established himself as a respected collector of Post-War and Contemporary Art.  In his new role, David will work with Sotheby's global Contemporary art team and bring his perspective and acumen as a sophisticat
Jan 27, 2017 09:41 am ET
Sotheby's 2017 Americana Week Sales Bring Highest Total In A Decade
NEW YORK, Jan. 27, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) annual Americana Week auctions concluded over the weekend in New York with an outstanding total of $19.4 million—the highest Americana Week total at Sotheby's since 2007*. More than 1,000 lots were sold across six auctions, with a strong overall sell-through rate of 80.4%. These results were anchored by the performance of an impressive number of distinguished private collections, including those of George S. Parker II, Iris Schwartz, Ralph and Suzanne Katz, E. Newbold and Margaret Du Pont Smith, and Joan Oestreich Kend, which were
Jan 26, 2017 09:30 am ET
Sotheby's And ARTMYN To Collaborate On An Exclusive Digital Pilot Project In 2017
NEW YORK, Jan. 26, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce an exclusive collaboration with ARTMYN, the startup from the Swiss Federal Institute of Technology in Lausanne and winner of a Google-Focused Research Award, to apply their pioneering scanning and display technology to major highlights of Sotheby's spring and summer 2017 auctions.  Through the development of a new generation of scanners and algorithms, ARTMYN can create unique, interactive, 5D images that provide an unprecedented visual experience by bringing to life the artwork's texture and composition.  S
Jan 12, 2017 09:00 am ET
Marc Porter Appointed Chairman Of Sotheby's Fine Art Division
NEW YORK, Jan. 12, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is delighted to announce the appointment of Marc Porter as Chairman of the Fine Art Division.  The respected executive will join his fellow Fine Art Division chairs, Allan Schwartzman and Amy Cappellazzo, in growing Sotheby's global specialist departments and advisory businesses.  In addition, he will lead the Company's business development strategy on a global basis.  Based in New York, Marc begins at Sotheby's on 17 January.
Jan 09, 2017 09:10 am ET
Sotheby's Launches Global Luxury Division and Announces Leadership
NEW YORK, Jan. 9, 2017 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Maarten ten Holder as global Managing Director of the Company's new Luxury & Lifestyle Division, uniting the categories of jewelry, watches, wine, cars and experiences, as well as the relationship with Sotheby's International Realty, under one senior executive. A highly experienced member of Sotheby's senior management team, Maarten will relocate to New York from London, where he was most recently Managing Director of Sotheby's operations in Europe, the Middle East, India and Africa. Pr
Dec 20, 2016 09:00 am ET
Online Innovations Continue To Drive Results at Sotheby's
NEW YORK, Dec. 20, 2016 /PRNewswire/ --
Dec 15, 2016 04:00 am ET
Sotheby's Dominates Global Wine Auctions In 2016
NEW YORK, Dec. 15, 2016 /PRNewswire/ -- Today Sotheby's announces global wine auction sales for 2016 of $72,806,516, a 21% increase on the 2015 figure of $60.4 million.
Dec 14, 2016 09:00 am ET
Sotheby's Expands Advisory Services to Include Artists, Artist Estates and Foundations
NEW YORK, Dec. 14, 2016 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the appointment of Christy MacLear, CEO of the Robert Rauschenberg Foundation, to expand the Company's advisory business and provide planning services and manage projects for artists, artist estates and foundations.  As Vice Chairman of the Fine Arts Division, Christy will also work with Allan Schwartzman to build out Sotheby's advisory services more broadly.  Based in New York, Christy will join Sotheby's in January 2017.
Dec 05, 2016 08:30 am ET
Sotheby's Announces the Acquisition of Orion Analytical and the Appointment of James Martin as Director of Scientific Research
NEW YORK, Dec. 5, 2016 /PRNewswire/ -- Sotheby's (NYSE: BID) is pleased to announce the establishment of a Scientific Research Department led by renowned scientist James Martin, who will join Sotheby's this week following the acquisition of his firm, Orion Analytical.  Employing state-of-the-art technical and scientific methods, the new department will complement the world-class expertise and provenance research behind the works of art, objects and wine offered by Sotheby's. Bringing scientific expertise in-house mirrors a trend seen in the world's great museums and places Sotheby's in a pos
Nov 18, 2016 08:46 pm ET
One Week of Sales at Sotheby's Totals $752.3 Million
NEW YORK, Nov. 18, 2016 /PRNewswire/ -- Tad Smith, Sotheby's President & CEO, commented: "Beginning with the Bowie sales in London, continuing with the Impressionist and Modern evening and day sales in New York, adding the Geneva jewelry sale performance, and ending with the Contemporary evening and day sales in New York, Sotheby's has demonstrated that its consigning clients should be confident about the state of the markets, and its shareholders should be enthusiastic about Sotheby's future."
Oct 27, 2016 01:00 pm ET
Sotheby's Acquires The Mei Moses Art Indices
NEW YORK, Oct. 27, 2016 /PRNewswire/ -- Sotheby's is pleased to announce the acquisition of The Mei Moses Art Indices, which will now be known as Sotheby's Mei Moses.  Widely recognized as the preeminent measure of the state of the art market, the indices use repeat sales - the sale of the same object at different points in time - to track changes in value. Through this acquisition, Sotheby's has unique access to an analytic tool that provides objective and verifiable information to complement the world-class expertise of the Company's specialists. 
Oct 24, 2016 09:00 am ET
Sotheby’s Third Quarter 2016 Earnings Conference Call Invitation
NEW YORK, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) will be holding its third quarter and nine months ended 30 September 2016 earnings conference call on Monday, 7 November 2016 at 9:00 AM EST.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief Financial Officer.  The call will consist of a brief discussion by the Company followed by a question and answer period. ...
Oct 05, 2016 05:06 pm ET
Sotheby's Autumn 2016 Hong Kong Sale Series Achieves $282 Million
HONG KONG, Oct. 5, 2016 /PRNewswire/ -- "I am very pleased that Sotheby's Hong Kong sales demonstrated East Asia's resistance to uncertainty and softness in some Western markets and achieved the same full year sales this year as in 2015," commented Tad Smith, Sotheby's Chief Executive Officer.  "East Asian confidence and bidding will be a very good thing for upcoming sales."
Sep 19, 2016 03:50 pm ET
Sotheby's New York Asia Week Auctions Total $63.5 Million
NEW  YORK, Sept. 19, 2016 /PRNewswire/ --
Aug 09, 2016 10:31 am ET
Freeport-McMoRan trade offers a 10% return in 192 days, or find similar option trades on SM Energy Company, Sotheby's, FireEye, and Amazon.com
CHICAGO, Aug. 9, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMZN, BID, FCX, FEYE, and SM.
Aug 08, 2016 07:00 am ET
Sotheby’s Reports Second Quarter 2016 Financial Results
NEW YORK, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) today reported its financial results for the second quarter and six months ended 30 June 2016....
Jul 25, 2016 09:00 am ET
Sotheby’s Second Quarter 2016 Earnings Conference Call Invitation
NEW YORK, July 25, 2016 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) will be holding its second quarter and six months ended 30 June 2016 earnings conference call on Monday, 8 August 2016 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief Financial Officer.  The call will consist of a brief discussion by the Company followed by a question and answer period. ...
Jul 20, 2016 11:57 am ET
LEADING ASIA -- Sotheby's Asia 2016 Half Year Sales Achieve HK$3.6 Billion / US$461.5 Million, Up 22%
HONG KONG, July 20, 2016 /PRNewswire/ -- Commenting on the 2016 first half year results, Kevin Ching, Chief Executive Officer of Sotheby's Asia, says: 'We are delighted by the exceptional half year results that reached 22% over last year.  After more than four decades in Asia, Sotheby's maintains an unrivalled ability to source the finest and rarest objects from notable collections around the world – a critical element to our success.  Longstanding relationships with seasoned collectors worldwide led to a number of important consignments – from the Pilkington Collection of Chinese ceramics,
May 26, 2016 10:31 am ET
May 10, 2016 10:31 am ET
The Kroger Co trade offers a 10% return in 256 days, or find similar option trades on NXP Semiconductors, Sotheby's, HEALTHSOUTH Corp., and Mylan
CHICAGO, May 10, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KR, NXPI, BID, HLS and MYL.
May 10, 2016 10:31 am ET
The Kroger Co trade offers a 10% return in 256 days, or find similar option trades on NXP Semiconductors, Sotheby's, HEALTHSOUTH Corp., and Mylan
CHICAGO, May 10, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KR, NXPI, BID, HLS and MYL.
May 09, 2016 07:00 am ET
Sotheby’s Reports First Quarter 2016 Financial Results
NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Sotheby’s (NYSE:BID) today reported its financial results for the first quarter ended 31 March 2016....
Apr 06, 2016 12:23 pm ET

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