New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:51 EDTCLF, KORSStocks with call strike movement; CLF KORS
Cliffs Natural (CLF) February 21.5 call option implied volatility decreased 3% to 79, Michael Kors (KORS) February weekly 90 call option implied volatility increased 5% to 80 according to IVolatility.
News For CLF;KORS From The Last 14 Days
Check below for free stories on CLF;KORS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 17, 2014
05:13 EDTCLFISS, Glass Lewis recommend Cliffs Natural holders vote GOLD proxy card
Subscribe for More Information
July 16, 2014
10:44 EDTKORSOptions with increasing implied volatility: KORS TWX RVBD
Subscribe for More Information
10:00 EDTKORSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:51 EDTKORSMichael Kors downgraded to Market Perform from Outperform at William Blair
Subscribe for More Information
July 15, 2014
12:31 EDTKORSMichael Kors sinks after analysts issue bearish notes
Subscribe for More Information
11:34 EDTKORSMichael Kors downgraded to Hold, price target cut to $85 at Maxim
As previously reported, Maxim downgraded Michael Kors to Hold from Buy and lowered its price target on the shares to $85 from $109 after the firm's checks showed domestic sales have weakened more than expected, which in turn led to increased markdowns.
11:21 EDTKORSMichael Kors August volatility increases as shares trend lower into Q1
Subscribe for More Information
11:17 EDTKORSStocks with call strike movement; KORS MYL
Subscribe for More Information
11:17 EDTKORSMichael Kors downgraded to Hold from Buy at Maxim
Subscribe for More Information
10:48 EDTKORSOptions with increasing implied volatility: GLUU KORS RVBD HSH
07:03 EDTKORSMichael Kors reiterated as an Underweight at Barclays
Subscribe for More Information
06:44 EDTKORSMichael Kors sentiment 'increasingly more bearish,' says Piper Jaffray
Subscribe for More Information
06:02 EDTKORSMichael Kors price target lowered to $98 from $107 at Citigroup
Citigroup lowered its price target for Michael Kors (KORS) to $98 after its national handbag survey indicated a "lack of newness" and that the company failed to meet plan in 17% of responses versus 1% previously. Citi says Kors continues to be number one in handbags and it keeps a Neutral rating on the stock. Its survey indicated results at Coach (COH) are fairly consistent overall, with an improvement in stores exceeding plan. Citi has a Neutral rating on Coach.
July 14, 2014
08:15 EDTCLFCliffs Natural recommends voting WHITE proxy card
Subscribe for More Information
July 10, 2014
12:23 EDTCLFCasblanca Capital condemns Cliffs Natural's compensation practices in letter
Casablanca Capital LP, the beneficial owner of approximately 5.2% of Cliffs Natural Resources, issued a letter to shareholders in connection with Casablanca’s campaign for fundamental change at Cliffs and its nomination of six director candidates for election to the Board of Directors at the company’s upcoming 2014 Annual Meeting of Shareholders on July 29. In the letter, Casablanca details escalating management compensation while shareholder returns have plummeted, the opaque nature of the management bonus and review process, and the ways in which bonus compensation metrics have changed from year to year in an apparent effort by the Cliffs Board to justify management bonuses despite severe underperformance. Casablanca reiterates that, in contrast to the current 0.3% of Cliffs shares that the current Board and management team owns, Casablanca has economically aligned itself with the interests of fellow shareholders, with Casablanca owning 5.2% of Cliffs shares and with Lourenco Goncalves’ personal investment of $1.5M in Cliffs’ shares. Donald Drapkin, Chairman of Casablanca said, “The Cliffs Board and management team have been pursuing their own personal agendas and enrichment at the expense of shareholders for far too long. It is time for the gravy train to end and for the Board to be held accountable. We are confident that on July 29 Cliffs’ shareholders will vote to support a slate of new directors who will reverse the outrageous value destruction and stop the pattern of excessive compensation and self-dealing at Cliffs.”
09:13 EDTKORSMichael Kors volatility at low end of historic range on tight price movement
Michael Kors overall option implied volatility of 32 is below its 26-week average of 34 according to Track Data, suggesting decreasing price movement.
08:35 EDTCLFBofA/Merrill steel analysts hold an analyst/industry conference call
Global Steel Analysts review market conditions in Asia, Europe and the U.S. and discuss recent price moves in iron ore, met coal and global steel on an Analyst/Industry conference call. Covered companies AKS, ATI, CLF, CMC, GGB, MTL, NUE, RS, SCHN, SID, STLD, TX and X may be discussed on the Analyst/Industry conference call to be held on July 14 at 10 am.
July 9, 2014
07:01 EDTKORSMichael Kors names Mark Brashear as president of Men's, effective July 7
Subscribe for More Information
July 8, 2014
06:53 EDTKORSMichael Kors re-launch of eyewear a multi-year catalyst, says Piper Jaffray
Piper Jaffray believes the recently signed 10-year license agreement between Michael Kors (KORS) and Luxottica (LUX) represents a multi-year opportunity for both companies. After meeting with Luxottica, Piper believes the company's goal of $100M in wholesale sales in three years could prove conservative given the growing appeal for the Michael Kors brand. The firm views eyewear as another comp drive for Michael Kors and a multi-year catalyst for the company. It keeps an Overweight rating on the stock with a $115 price target.
05:48 EDTKORSStocks with implied volatility movement; NNG KORS
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use