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Stock Market & Financial Investment News

News Breaks
January 22, 2014
10:12 EDTTIF, ZLC, KORS, RL, COHCoach sinks after results miss expectations
Shares of Coach (COH) are dropping significantly after the luxury accessories maker reported weaker than expected second quarter results this morning. WHAT'S NEW: Coach's second quarter revenue and profits both came in below analysts' consensus estimates. The company said that it was disappointed by the performance of its women's handbags and accessories during the quarter, and added that its stores in North America have continued to come under pressure. On a positive note, Coach continues to expect to generate about $700 million of sales in fiscal 2014, up about 20% from last year. Moreover, the company is upbeat about the outlook for its men's business. OTHERS TO WATCH: Other companies that sell high-end retail products include Michael Kors (KORS), Tiffany (TIF), Ralph Lauren (RL), and Zale Corporation (ZLC). PRICE ACTION: In early trading, Coach sank $3.40, or 6.5%, to $49.15.
News For COH;KORS;TIF;RL;ZLC From The Last 14 Days
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December 18, 2014
10:01 EDTCOH, KORSOn The Fly: Analyst Initiation Summary
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December 17, 2014
16:23 EDTCOHCoach initiated with a Perform at Oppenheimer
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16:21 EDTKORSMichael Kors initiated with a Perform at Oppenheimer
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December 16, 2014
12:51 EDTCOHCoach initiated with a Market Perform at Cowen
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10:26 EDTKORSMichael Kors management to meet with Jefferies
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10:11 EDTKORSMichael Kors initiated with a Market Perform at Cowen
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10:06 EDTTIFTiffany initiated with an Outperform at Cowen
Target $123.
09:59 EDTRLOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BB&T (BBT) initiated with a Neutral at Guggenheim... Bank of America (BAC) initiated with a Buy at Guggenheim... Ciena (CIEN) initiated with a Neutral at Wedbush... Cimarex Energy (XEC) initiated with a Perform at Oppenheimer... Citigroup (C) initiated with a Neutral at Guggenheim... Extended Stay America (STAY) initiated with a Market Perform at JMP Securities... Infinera (INFN) initiated with a Neutral at Wedbush... JPMorgan (JPM) initiated with a Neutral at Guggenheim... Morgan Stanley (MS) initiated with a Buy at Guggenheim... Newfield Exploration (NFX) initiated with an Outperform at Oppenheimer... Nike (NKE) initiated with a Market Perform at Cowen... PNC Financial (PNC) initiated with a Neutral at Guggenheim... Peak Resorts (SKIS) initiated with an Outperform at FBR Capital... Peak Resorts initiated with an Outperform at Oppenheimer... Ralph Lauren (RL) initiated with an Outperform at Cowen... U.S. Bancorp (USB) initiated with a Neutral at Guggenheim... Under Armour (UA) initiated with an Outperform at Cowen... Wells Fargo (WFC) initiated with a Neutral at Guggenheim... Whiting Petroleum (WLL) initiated with an Outperform at Oppenheimer... Lowe's (LOW) initiated with a Neutral at Nomura... Home Depot (HD) initiated with a Neutral at Nomura... Estee Lauder (EL) initiated with a Buy at KeyBanc... Huntsman (HUN) initiated with a Buy at Nomura... Dow Chemical (DOW) initiated with a Buy at Nomura.
December 15, 2014
16:18 EDTRLRalph Lauren initiated with an Outperform at Cowen
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11:12 EDTKORSMichael Kors management to meet with Jefferies
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December 12, 2014
14:25 EDTCOHCoach moves higher, levels to watch
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05:54 EDTCOHStocks with implied volatility movement; COH CX
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December 11, 2014
14:27 EDTCOHLVMH not likely interested in Coach, says Evercore ISI
Evercore ISI said LVMH (LVMUY) is not likely interested in acquiring Coach (COH). The firm said LVMH has put a lot of marketing and investment behind the Marc Jacobs label and is unlikely to acquire another aspirational brand at this point.
10:33 EDTCOHCoach calls active after website says LVMH showing interest
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10:13 EDTCOHCoach spikes after website says LVMH showing interest
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09:53 EDTCOHLVMH has shown interest in Coach, Prime Retailer reports
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09:49 EDTCOHLVMH has shown interest in Coach, PrimeRetailer says
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December 9, 2014
10:23 EDTCOH, KORSOn The Fly: Analyst Initiation Summary
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07:05 EDTCOHCoach initiated with an Equal Weight at Stephens
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06:53 EDTKORSMichael Kors initiated with an Overweight at Stephens
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