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Ethan Allen Interiors Given Average Recommendation of "Hold" by Analysts

2015-09-15 17:46:12| Furniture - Topix.net

Ethan Allen Interiors has received an average recommendation of "Hold" from the six ratings firms that are currently covering the stock, AnalystRatings.Net reports . Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

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Ethan Allen, investor war heats up

2015-08-28 20:50:37| Furniture - Topix.net

Farooq Kathwari, chairman and ceo of Ethan Allen Interiors discusses store displays with store designers and managers in the company's flagship Danbury store. An activist investor is threatening a proxy war against Ethan Allen executives unless the company returns more value to shareholders.

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Sandell Asset Management Scolds "Irresponsible" Ethan Allen Interiors Inc. (ETH) In Latest Letter

2015-08-27 19:14:00| Furniture - Topix.net

Sandell Asset Management , founded and managed by Thomas Sandell , sent a letter yesterday to the Board of Directors of Ethan Allen Interiors Inc. , stating its discontent regarding the company stalling to engage in discussions with the fund. Sandell previously expressed its intentions to nominate a slate of director candidates to stand for election at Ethan Allen's Annual Meeting scheduled for November 24, but the company is not planning to discuss the issue with the investment firm until "later in September after Labor Day".

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Ethan Allen Can't Dodge This Proxy Fight by Merely Redecorating

2015-08-25 20:21:10| Furniture - Topix.net

The New York-based activist investor wrote to the interior design and furniture company's chairman and CEO, Farooq Kathwari, on Aug. 14, suggesting that the company's sum-of-the-parts share price should be $41 a share, either through a sale of the company or a move to monetize its real estate. The Danbury, Conn.-based company's 60-day moving average stock price as $28.07 as of the close Friday.

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Danbury's Ethan Allen a target of activist investor Sandell

2015-08-21 02:15:57| Furniture - Topix.net

Farooq Kathwari, chairman and ceo of Ethan Allen Interiors discusses store displays with store designers and managers in the company's flagship Danbury store. A section of the showroom at Ethan Allen Interiors is photographed at the company headquarters on Mill Plain Road in Danbury.

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