BNET Industries

Market Cap:$1.3B
Last Fiscal Year Sales:$917.7M
- Public
- US
Dow Jones Description
Sothebys (or, together with its subsidiaries, unless the context otherwise requires, the Company) is one of the worlds two largest auctioneers of authenticated fine art, antiques and decorative art, jewelry and collectibles. In 2008, Sothebys accounted for $4.9 billion, or 51%, of the total aggregate auction sales of the two major auction houses that comprise the global auction market.
Number of Employees 1,638
Peer Companies
NAICS Code Art Dealers: 453920
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Sotheby's Holdings, Inc., Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator Instructions And we will take our first question from George Sutton with Craig-Hallum. George Sutton - Craig-Hallum Capital Good afternoon to both of you, with respect to the $100 million statement that you made with respect to total costs. Can...
London's blockbuster week of art auctions set to defy financial gloom
LONDON AFP — A Francis Bacon tryptich and works by Pablo Picasso, Claude Monet and Paul Cezanne are going under the hammer in London this week in auctions set to send sales records tumbling. Auction houses Sotheby's and Christie's are rubbing their hands with anticipation ahead of a week...
Strong contemporary art sales at Christie's
NEW YORK AFP — A contemporary art auction at Christie's concluded successfully late Tuesday with all 67 listed works sold and record prices reached for some artists, despite worries that sales would be hurt by the slipping US economy and plunging bourses. Total sales ran 325 million dollars --...
Strong contemporary art sales at Christie's
NEW YORK AFP — A contemporary art auction at Christie's concluded successfully late Tuesday with all 67 listed works sold and record prices reached for some artists, despite worries that sales would be hurt by the slipping US economy and plunging bourses. Total sales ran 325 million dollars --...
New York set for fall art auctions; new Gauguin record expected
NEW YORK AFP — New York's fall art auction season gets under way Tuesday, with major collectors from around the world expected to be bidding record prices in the impressionist, modern and contemporary sales. Among the highlights is French painter Paul Gauguin's "Te Poipoi" The Morning, one of the...
Bumper week of contemporary art auctions set to start
LONDON AFP — A series of high-profile contemporary art auctions is set to begin in London Friday, as rising levels of interest in the genre have prompted auction houses Christie's and Sotheby's to stage competing sales. "Contemporary art is becoming a global language, the interest is massive," Francis Outred,...
Magna Carta to go on sale in New York
NEW YORK AFP — A rare copy of the Magna Carta, a 13th century English document enshrining the rule of law, is to go on sale in December, in one of the most important sales of a document in history. The royal charter, dated 1297 and bearing the seal...
Asian art goes under the hammer at New York sales
NEW YORK AFP — Asian art is under the spotlight at almost a dozen auctions in New York this week, with lots ranging from 19th century erotic scrolls to contemporary Chinese artworks due to go under the hammer. Highlights of the week include a collection of 18th century Chinese...
Records tumble at Russian art auctions in London
LONDON, AFP — New records for Russian art were set in London this past week as the nation's post-communist nouveau riche snapped up national treasures worthy of a world-class museum. Christie's, Sotheby's, MacDougall's and, for the first time, Bonham's held auctions for Russian paintings and objets d'art, bringing together...
Contemporary art captures growing interest as New York's auction season begins
NEW YORK AFP — Deep-pocketed aficionados eager to acquire an art masterwork are showing heightened interest in post-modern pieces, experts say, setting the stage for what could be record prices for contemporary works as the Spring auction season gets under way this week. Prices for contemporary art have soared...
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