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Stock Market & Financial Investment News

News Breaks
January 22, 2014
10:12 EDTCOH, KORS, TIF, RL, ZLCCoach 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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September 10, 2014
10:00 EDTTIFOn The Fly: Analyst Downgrade Summary
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10:00 EDTCOHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
08:51 EDTTIFTiffany downgraded at Credit Suisse
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07:47 EDTCOHCoach upgraded to Overweight from Neutral at Atlantic Equities
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06:19 EDTTIFTiffany downgraded to Neutral from Outperform at Credit Suisse
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06:01 EDTCOHCoach upgraded to Overweight from Neutral at Atlantic Equities
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September 9, 2014
10:10 EDTRLOn the Fly: Analyst Upgrade Summary
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09:26 EDTRLUSPA wins motion to dismiss Ralph Lauren lawsuit
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09:06 EDTCOH, KORS, RLJimmy Choo near London IPO with $1B valuation, Bloomberg says
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07:58 EDTRLRalph Lauren upgraded to Strong Buy at ISI Group
As previously reported, ISI Group upgraded Ralph Lauren to Strong Buy from Buy. The analyst upgraded shares based on relative valuation, a more effective organization structure, the rollout of the Polo store, and the launch of the first ever Polo women's collection in department stores and own stores. Price target is $230.
07:02 EDTCOHCoach names Gebhard Rainer as president and COO, effective September 29
Coach (COH) announced the appointment of Gebhard Rainer, as President and COO, effective September 29. Rainer joins Coach from Hyatt Hotels Corporation (H), where he most recently held the position of Executive Vice President and CFO. Rainer is filling a position that has been vacant since September 2013.
06:39 EDTRLRalph Lauren upgraded to Strong Buy from Buy at ISI Group
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September 5, 2014
16:25 EDTKORSOn The Fly: Closing Wrap
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12:57 EDTKORSOn The Fly: Midday Wrap
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12:42 EDTKORSStocks with increasing options volume
Stocks with increasing options volume: VALE MCP KORS WAG GM PCLN
09:19 EDTKORSMichael Kors margin concerns still overblown, says Buckingham
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09:16 EDTKORSOn The Fly: Pre-market Movers
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08:25 EDTKORSMichael Kors 11.63M share Spot Secondary priced at $76.75
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07:27 EDTKORSMichael Kors volatility expected to move on offering of 11.63M shares for holder
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07:09 EDTCOHCoach volatility increases
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