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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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June 23, 2015
10:37 EDTTIFTiffany sees 'minimal growth' in FY EPS, consensus $4.23
Says plans to increase global square footage 4%-5% annually for the foreseeable future. Sees ability to generate "healthy" free cash flow. Sees demand for products "consistent" with past trends. Says branded jewelry continues to be attractive globally. Says tourism purchases in the U.S. are "definitely down," but seeing pickups in other markets around the world. Comments made by CFO Ralph Nicoletti at the Jefferies 2015 Global Consumer Conference. Tiffany & Co is up 0.9% to $94.06 in morning trading.
05:59 EDTKORSStocks with implied volatility below IV index mean; DE KORS
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June 19, 2015
09:39 EDTKORSMichael Kors North American retail sales trends soft, says Cleveland Research
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June 18, 2015
09:22 EDTRLRalph Lauren restructuring 'encouraging,' says Credit Suisse
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June 16, 2015
05:56 EDTKORSStocks with implied volatility below IV index mean; KORS ESI
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