NASDAQ Welcomes Control4 Corporation (NDAQ: CTRL) to The NASDAQ Stock Market

The NASDAQ OMX Group, Inc. (NDAQ) announced today that trading of Control4 Corporation (CTRL), a leading provider of automation and control solutions for the connected home, commenced on the NASDAQ Global Select Market on Friday, August 2, 2013. Control4 Corporation will trade under the ticker symbol, "CTRL."

Control4 was founded in 2003 to deliver a mainstream home automation solution by enabling consumers to unify their connected devices into a personalized system at an accessible and affordable entry point. Sold through the company's worldwide network of over 2,800 active direct dealers, the Control4 solution sits at the center of the mainstream home automation market by providing integrated and extensible control of over 6,400 third-party devices and services.

Hudson’s Bay Company to Acquire Saks Incorporated for US$16 per Share, Bringing Together Three Iconic Retail Brands

Hudson’s Bay Company (TSX:HBC.TO ) (“HBC” or the “Company”) and Saks Incorporated (NYSE:SKS ) (“Saks”) announced today that they have entered into a definitive merger agreement whereby HBC will acquire Saks for US$16.00 per share in an all-cash transaction valued at approximately US$2.9 billion, including debt. The transaction has been approved by each company’s board of directors and is expected to close before the end of the calendar year, subject to approval by Saks shareholders, regulatory approvals and other customary closing conditions.

Orchard Supply Hardware Reaches Acquisition Agreement with Lowe’s as Part of Company’s Voluntary Chapter 11 Filing

Stores to Continue Operating as Usual; Commitment for $177 Million in DIP Financing

Under the Lowe’s Proposal, Orchard Will Retain Its Brand, Continue to Operate Its Stores and Continue Its Repositioning and Growth Strategy as a Standalone Business

Orchard Supply Hardware Stores ( OSH ), a neighborhood hardware and garden store focused on paint, repair and the backyard, today announced that it has reached an agreement through which Lowe’s Companies, Inc. (LOW) will acquire the majority of its assets for $205 million in cash, plus the assumption of payables owed to nearly all of Orchard’s supplier partners.

Ulta Beauty Announces First Quarter 2013 Results

Total Sales Increased 22.9%
Comparable Store Sales Increased 6.7%
EPS Increased 20.4% to $0.65

Ulta Beauty (ULTA) today announced financial results for the thirteen week period ended May 4, 2013 (“First Quarter”), which compares to the same period ended April 28, 2012.

For the First Quarter:

• Net sales increased 22.9% to $582.7 million from $474.1 million in the first quarter of fiscal 2012;
• Comparable store sales (sales for stores open at least 14 months) increased 6.7% including the impact of e-commerce sales, compared to an increase of 10.1% in the first quarter of fiscal 2012;

  Published: 12 June 2013

  Written by Editor

  Nasdaq   Financial Results   Up on News   Retail   Interesting News  

  Read more: Ulta Beauty ( ULTA )