Financial News

Financial News

Earnings Releases
Sotheby's Third Quarter 2016 Earnings Conference Call Invitation
Oct 24, 2016
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,
Sotheby's Reports Second Quarter 2016 Financial Results
Aug 08, 2016
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. For the three months ended 30 June 2016, Sotheby's reported net income of $89.0 million and diluted earnings per share of $1.52 which
Sotheby's Second Quarter 2016 Earnings Conference Call Invitation
Jul 25, 2016
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
Sotheby's Reports First Quarter 2016 Financial Results
May 09, 2016
NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported its financial results for the first quarter ended 31 March 2016. For the three months ended 31 March 2016, Sotheby's reported Adjusted Diluted Loss Per Share* of ($0.35) on an Adjusted Net Loss* of ($22.3) million.   In
Sotheby's First Quarter 2016 Earnings Conference Call Invitation
Apr 25, 2016
NEW YORK, April 25, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its first quarter ended 31 March 2016 earnings conference call on Monday, 9 May 2016 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief Financial
Sotheby's Appoints Michael Goss Chief Financial Officer
Mar 03, 2016
NEW YORK, March 03, 2016 (GLOBE NEWSWIRE) -- Sotheby's has named Michael Goss as Executive Vice President and Chief Financial Officer. Mr. Goss, 56, will assume his new role effective 28 March 2016. Mr. Goss, a partner and managing director at Bain Capital from 2001-2013, served as the firm's Chief
Feb 26, 2016
Sotheby's Fourth Quarter 2015 Earnings Conference Call Invitation
Feb 12, 2016
NEW YORK, Feb. 12, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its fourth quarter ended 31 December 2015 earnings conference call on Friday, 26 February 2016 at 9:00 AM EST. The call will be hosted by Tad Smith, President and Chief Executive Officer, and Dennis Weibling, Interim
Sotheby's Conference Call Invitation
Jan 19, 2016
NEW YORK, Jan. 19, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding an analyst and investor conference call on Friday, 22 January 2016 at 9:00 AM EST to pre-announce fourth quarter 2015 earnings.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Dennis
Sotheby's Advances Its Strategic Growth Plan by Acquiring the Art Advisory Firm Art Agency, Partners (AAP)
Jan 11, 2016
NEW YORK, Jan. 11, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today announced that it has acquired the art advisory firm Art Agency, Partners (AAP), managed by Amy Cappellazzo, Allan Schwartzman, and Adam Chinn. With this acquisition, Sotheby's, takes a decisive step toward implementing the
Sotheby's Conference Call Invitation
Jan 10, 2016
NEW YORK, Jan. 10, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding an analyst and investor conference call on Monday, 11 January 2016 at 9:00 AM EST.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Dennis Weibling, Interim Chief Financial Officer. 
Sotheby's Appoints Dennis M. Weibling Interim Chief Financial Officer
Dec 17, 2015
NEW YORK, Dec. 17, 2015 (GLOBE NEWSWIRE) -- Sotheby's has named Dennis M. Weibling its Interim Chief Financial Officer. Mr. Weibling, a member of Sotheby's Board of Directors since 2006, and the current Chair of the Board's Audit Committee, will assume the role effective January 1, 2016.
Sotheby's Reports Third Quarter 2015 Financial Results
Nov 09, 2015
NEW YORK, Nov. 09, 2015 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported financial results for the third quarter and nine months ended 30 September 2015. President and Chief Executive Officer Tad Smith said, "We are proud of our auction sale results in the categories of Impressionist, Modern
Sotheby's Declares Fourth Quarter 2015 Dividend
Nov 06, 2015
NEW YORK, Nov. 06, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Sotheby's (NYSE:BID) has declared a quarterly dividend of $0.10 for the fourth quarter of 2015.  The fourth quarter dividend is payable on 15 December 2015 to shareholders of record as of 1 December 2015.  FOR MORE NEWS FROM
Sotheby's Third Quarter 2015 Earnings Conference Call Invitation
Oct 27, 2015
NEW YORK, Oct. 27, 2015 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its third quarter ended 30 September 2015 earnings conference call on Monday, 9 November 2015.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Patrick McClymont, Chief Financial
Sotheby's Announces Repurchases Under Accelerated Share Repurchase Program
Aug 13, 2015
NEW YORK, Aug. 13, 2015 (GLOBE NEWSWIRE) -- 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 $125 million.  Under the ASR agreement Sotheby's will receive an initial delivery of
Sotheby's Reports Second Quarter 2015 Financial Results
Aug 07, 2015
Second Quarter 2015 Adjusted Diluted Earnings Per Share* is $1.04 Sotheby's Board Increases Share Repurchase Program to $250 million — Will Repurchase $125 million in the Near Term NEW YORK, Aug. 07, 2015 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported financial results for the second
Sotheby's Declares Third Quarter 2015 Dividend
Aug 06, 2015
NEW YORK, Aug. 06, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Sotheby's (NYSE:BID) has declared a quarterly dividend of $0.10 for the third quarter of 2015.  The third quarter dividend is payable on 15 September 2015 to shareholders of record as of 1 September 2015.  FOR MORE NEWS FROM
Sotheby's Second Quarter 2015 Earnings Conference Call Invitation
Jul 24, 2015
NEW YORK, July 24, 2015 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its second quarter ended 30 June 2015 earnings conference call on Friday, 7 August 2015.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Patrick McClymont, Chief Financial Officer, at
Sotheby's Reports First Quarter 2015 Financial Results
May 11, 2015
127% Increase in First Quarter 2015 Adjusted Operating Income* to $22.2 Million   First Quarter 2015 Adjusted Net Income* of $7.4 Million. Increase from First Quarter 2014 Adjusted Net Loss* of ($3.0) Million NEW YORK, May 11, 2015 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported financial
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