Stanley Furniture Company, Inc. (STLY) stock prices updated...
 

Stanley Furniture Company, Inc. stock price

Stanley Furniture Company, Inc. latest news:


  • 11/20/2017 15:12:13

    BRIEF-Stanley Furniture announces agreement to sell substantially all of its assets

    * Stanley Furniture announces agreement to sell substantially all of its assets

  • 11/20/2017 15:03:57

    Stanley Furniture to sell virtually all assets in cash and debt deal

    Stanley Furniture Co. Inc. said late Monday it has agreed to sell virtually all of its assets to Churchill Downs LLC for $11.5 million in cash, a $4.6 million subordinated secured promissory note of the buyer, and a 5% equity interest in Churchill Downs' post-closing parent company. The buyer would also assume all of Stanley's liabilities, Stanley said in a statement. Stanley would get to keep a few assets, including $1.5 million in cash and any remaining payments under an anti-dumping act. Churchill Downs is a Delaware limited liability company formed by Walter Blocker, the chairman of Vietnam Trade Alliance in Ho Chi Minh City, Vietnam, to acquire the Stanley assets, according to the statement. The asset sale, expected to close in the first quarter of 2018, is subject to shareholder approval and to the buyer securing financing. Stanley shares were halted in the late session after ending the regular session up 3.9%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/13/2017 15:00:34

    BRIEF-Stanley Furniture announces qtrly loss per share ‍$0.02​

    Stanley Furniture Company Inc. * Stanley Furniture (STLY) announces third quarter 2017 results. * Stanley Furniture Company Inc - Qtrly ‍net sales were $10.4 million compared to $11.0 million, down 5.5%​. * Stanley Furniture Company Inc qtrly loss per share ‍$0.02​ Source text for Eikon: Further company coverage:

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