Restoration Hardware
formerly NASDAQ symbol RSTO, is a specialty retailer of high-quality home furnishings, linens, bath fixtures and bathware, plus functional and decorative hardware, gifts and related merchandise that reflect classic or period designs. The company was acquired in June 2008.
NISSAN MOTOR CO. $17.49 (Nasdaq symbol NSANY; SI Rating: Above-average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $39.5 billion) is joining with Japanese technology giant NEC to invest $115 million over the next three years to mass-produce lithium-ion batteries for use in electric cars and gas-electric hybrid cars. Nissan will hold a 51% stake in the venture, which will …read more »
RESTORATION HARDWARE INC. $6.91 (Nasdaq symbol RSTO; SI Rating: Extra risk) (415-924-1005; www.restorationhardware.com; Shares outstanding: 38.9 million; Market cap: $269.0 million) has agreed to give Sears Holdings, symbol SHLD on Nasdaq, access to its financial data. Sears has said it’s prepared to offer $6.75 a share in cash for each Restoration share if an analysis of the data is positive. …read more »
RESTORATION HARDWARE INC. $7.15 (Nasdaq symbol RSTO; SI Rating: Extra risk) (415-924-1005; www.restorationhardware.com; Shares outstanding: 38.8 million; Market cap: $277.6 million) jumped for a second time recently after Sears Holdings, symbol SHLD on Nasdaq, reported that it had acquired a 13.7% stake in Restoration Hardware. Sears paid $30.2 million to buy 5.3 million Restoration shares.
Just a couple of weeks earlier, …read more »
CENTERRA GOLD $11.78 (Toronto symbol CG; SI Rating: Speculative) (416-204-1953; www.centerragold.com; Shares outstanding: 216.2 million; Market cap: $2.5 billion) dropped from around $12.50 to as low as $10.25 in late March in response to reports that the parliament of the Kyrgyz Republic was discussing a bill that challenges the legality of the 2004 restructuring agreement that covers Centerra’s Kumtor gold …read more »
RESTORATION HARDWARE INC. $7.22 (Nasdaq symbol RSTO; SI Rating: Extra risk) (415-924-1005; www.restorationhardware.com; Shares outstanding: 38.7 million; Market cap: $279.6 million) is a specialty retailer of high quality home furnishings, linens, bath fixtures and bathware, plus functional and decorative hardware, gifts and related merchandise that reflect classic or period designs.
The company operates 103 stores and eight outlet stores in 30 …read more »
