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Zale, Saks Post Strong Gains on the NYSE

May 22, 2013 4:51 PM   By Jeff Miller
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RAPAPORT... Shares in Zale Corporation closed 22 percent higher for the day at $6.60 on the New York Stock Exchange (NYSE), following stronger than expected third quarter results. Zale's shares were up 183 percent from one year ago today.

Saks Inc.'s shares gained 13 percent in trading on the NYSE to close at $15.50, following a story in the New York Post citing insider claims that Saks hired Goldman Sachs to ''explore strategic'' alternatives for the luxury retailer.  Saks' shares were up 49 percent year on year.

Tags: Jeff Miller, saks, shares, Zale
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