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Stock Market & Financial Investment News

News Breaks
June 4, 2013
08:47 EDTFOSL, KORSFossil poised to benefit from strong Michael Kors watch sales, says Cowen
Following Michael Kors' conference call, Cowen estimates that sales of the company's watches will generate over $550M of revenue for Fossil (FOSL) in 2013, up from $400M-$450M last year. The firm believes that overall demand for watches remains strong, and it does not expect a computerized watch from Apple to interest most Fossil customers. The firm keeps an Outperform rating on the stock.
News For FOSL;KORS From The Last 14 Days
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April 23, 2014
10:33 EDTKORSKate Spade has more 2014 upside than Michael Kors, says Citigroup
Citigroup in a note to investors earlier today discussed its head-to-head analysis of Kate Spade (KATE) versus Michael Kors (KORS). Citi believes Michael Kors is further along in the maturity curve than Kate Spade and has less upside potential in 2014. The firm views Kate Spade's risk/reward as better and keeps a Buy rating on the stock with a $42 price target. Citi raised its price target for Michael Kors shares to $107 from $104, and keeps a Hold rating on the stock.
April 21, 2014
16:37 EDTKORSLone Pine Capital reports 5.5% passive stake in Michael Kors
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April 15, 2014
12:01 EDTKORSMichael Kors announces eyewear license with Luxottica
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09:42 EDTKORSMichael Kors growth story may be showing signs of cracks, Herb Greenberg says
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April 10, 2014
14:26 EDTKORSMichael Kors volatility stays flat on wide price movement
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