Below is a three month price history chart comparing the stock performance of SKS vs.
FORBES: Saks Moves Up In Market Cap Rank, Passing Apollo Group
Reporting quarterly earnings on Tuesday are both Estee Lauder (NYSE: EL) and Saks (NYSE: SKS).
Slim also owns stakes in department store Saks ( SKS) and the New York Times.
FORBES: Mexico's Carlos Slim Joins Ranks Of World's Biggest Philanthropists
At the closing bell, SKS is up about 13.4%, while APOL is down about 4% on the day Wednesday.
FORBES: Saks Moves Up In Market Cap Rank, Passing Apollo Group
Saks (nyse: SKS - news - people ) has already reported same-store sales increases of an astonishing 24.7%.
Saks (SKS) reports its third quarter earnings on Tuesday, November 13, 2012.
Because almost from the moment Vikram Akula stepped off his plane back to India, SKS and the Indian microlenders have been embroiled in controversy.
Saks ( SKS - news - people ) Fifth Avenue will prosper because they have room to open stores and offer unique products.
Whereas SKS is a traditional "for profit" organization, Grameen's model is what Yunus describes as a " Social Business" (also described as a "non-loss, non-dividend" business).
The biggest, SKS, was launched by Vikram Akula as a charity, with (according to his divorced and embittered wife) donations from the guests at their lavish wedding.
The activity surrounding SKS Microfinance indicates that the free market is ready to pour money into efforts that may help the poor, as well as the investors.
Saks (SKS) is expected to report poor fourth quarter earnings on Tuesday, February 26, 2013 with analysts expecting a 11.8% drop in earnings from a year ago.
Other competitors in the services sector include: Saks (SKS), J.
Saks ( SKS), owner of Saks Fifth Avenue department stores, has done its part in showing that rich people are spending money even while little people worry about recessions.
FORBES: Saks Vs. Macy's: Why Is Saks Getting The Cold Shoulder?
Saks ( SKS - news - people ) reported an 8.1% jump, less than the 12% increase seen a month ago, but well ahead of the 2% analysts expected.
RackedNY.com gave a full rundown of some of the department store sales and many New Yorkers took note of the surprising ads for high-end retailer Saks (SKS) touting deals up to 70% off.
FORBES: 'Throw The Bums Out!' (And Other Quotes Of The Week)
Saks ( SKS - news - people ) vice chairman, who oversees a sprawling international fashion, retail and real estate empire from his base in Belgium, sails a restored 1933 J-Class called Velsheda.
FORBES: Exhilarating--and punishing--the J-Class sails again.
Large upscale chains continued to perform solidly in August, with same-store sales up 7.1% at Nordstrom (nyse: JWN - news - people ) and 3.3% at Saks (nyse: SKS - news - people ).
Recently SKS founder Vikram Akula (which also has billionaire Vinod Khosla and Sequoia Capital as investors), got into this very debate with his one time idol, Muhammad Yunus, the Nobel Prize founder of Grameen Bank and the father of microfinance.
FORBES: SKS Shares Continue To Slide Amidst New, Strict Regulation
In addition, he cut a deal with Saks (nyse: SKS - news - people ) Fifth Avenue to build three in-store boutiques, in New York, Atlanta and San Antonio, and to sell Graff jewels at Saks stores in five other cities.
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