New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 4, 2014
11:52 EDTCOH, KORSCoach retreats after analyst cuts rating to Neutral
Shares of luxury products retailer Coach (COH) are falling after research firm Sterne Agee lowered its rating on the stock to Neutral from Buy in a note to investors earlier today. WHAT'S NEW: Coach's North American business has been deteriorating and the company's fortunes don't appear set to rebound in the near-term, Sterne Agee analyst Ike Boruchow wrote. Meanwhile, the company's balance sheet and cash flow dynamics are weakening, while its earnings and multiple could drop, the analyst warned. Boruchow cut his price target on the shares to $41 from $51. WHAT'S NOTABLE: Another luxury products retailer, Michael Kors (KORS), reported stronger than expected fourth quarter results on May 28, but warned that it expects its gross margin to drop slightly this quarter versus the same period a year earlier. The stock fell significantly but has since made up some of its losses. PRICE ACTION: In late morning trading, Coach fell 2.4% to $39.07 and Michael Kors was up 0.3% at $94.33.
News For COH;KORS From The Last 14 Days
Check below for free stories on COH;KORS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 15, 2014
13:14 EDTKORSMichael Kors trends tracking above Street, says ITG Research
Subscribe for More Information
September 12, 2014
07:01 EDTKORSMichael Kors names Pascale Meyran as Chief Human Resources Officer
Michael Kors Holdings Limited announced that Pascale Meyran has been named to the newly created role of Senior Vice President, Chief Human Resources Officer. She will report to John D. Idol, the companyís chairman and CEO. Meyranís appointment, effective September 15, 2014, is a key element in the brandís development of a strategic global infrastructure. In this new role, Ms. Meyran will oversee the creation of a best in class Global Human Resources Department, with a focus on a robust learning and talent development program.
September 10, 2014
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.
07:47 EDTCOHCoach upgraded to Overweight from Neutral at Atlantic Equities
Subscribe for More Information
06:01 EDTCOHCoach upgraded to Overweight from Neutral at Atlantic Equities
Subscribe for More Information
September 9, 2014
09:06 EDTCOH, KORSJimmy Choo near London IPO with $1B valuation, Bloomberg says
Subscribe for More Information
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.

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