BNET Industries

Market Cap:$1.1B
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
Contact Information

1334 York Ave

New York, New York 10021

sothebys.com

(212) 606-7000

NAICS Code Art Dealers: 453920

Recent Events

  • Sotheby's Corporate Credit Rating Cut

    9/03/09 - Bond / Stock Rating - View Story

News & Analysis

sotheby's - All News and Analysis

  • Wealthy Chinese drink to their success at Hong Kong wine auction

    BNET - 2009-10-05

    Hong Kong has overtaken London and New York as Sotheby's largest wine market after the auction house this weekend sold $7.9m of rare vintage to deep-pocketed Asian collectors. One mainland Chinese connoisseur splashed out an eye-popping $93,077 (€63,563, £58,436) for a bottle of 1982 Chateau Petrus Imperial, in another example...

    Tags: Wine, Sotheby's

  • Plenty of Bids for Sotheby's

    Seeking Alpha - 2009-06-28

    Kurt Rive submits: Sotheby’s stock BID has been on a tear lately. The shares have more than doubled since their intraday low of $6.05 on February 27th and are up 61% so far this year, easily outpacing the S&P 500’s 1.54% gain for the same period. ...

    Tags: Retail, Kurt Rive, Sotheby's

  • Atticus Discloses Big Stake in Sotheby's

    Seeking Alpha - 2009-06-23

    Market Folly submits: Timothy Barakett's hedge fund Atticus Capital has filed a 13G on Sotheby's BID disclosing a 5.4% ownership stake in the company. The filing was made due to activity on June 11th, 2009 and the hedge fund now owns 3,584,110 shares. This is a brand new position for...

    Tags: US Market, Market Folly, Sotheby's

  • Earnings Preview: Sotheby's

    Seeking Alpha - 2009-05-06

    Sotheby's BID is expected to report Q1 earnings after the market close on Thursday, May 7 with a conference call scheduled for 4:45 pm ET. Guidance Analysts are looking for a loss of (53c) on revenue of $55M. The consensus range is (62c)-(44c) for EPS, and revenue of $49.77M-$64.62M,...

    Tags: Retail, theflyonthewall.com, Sotheby's

  • Appreciating Art as an Investment

    Seeking Alpha - 2009-04-21

    Hard Assets Investor submits: By Debra Diamond One way to consider "hard assets" is as a kind of alternative global currency. In times of economic or political distress, many alternative hard assets - gold, gemstones, collectibles - have been embraced by investors in a flight to quality. Hard assets...

    Tags: Seeking Alpha, Hard Assets Investor, Sotheby's

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     BID $17.42 -0.79 (-4.34% )
Average Volume 941,283
Shares Outstanding 66.89M
Market Cap 1.2B
Year High 19.48
Year Low 6.05
Earnings Per Share -1.19
P/E Ratio -14.64
Dividend 0.20
Yield 1.15
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