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Stock Market & Financial Investment News

News Breaks
June 4, 2013
08:47 EDTKORS, FOSLFossil 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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December 18, 2014
10:01 EDTKORS, FOSLOn The Fly: Analyst Initiation Summary
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05:34 EDTFOSLFossil initiated with a Neutral at Goldman
Goldman Sachs started shares of Fossil with a Neutral rating citing slowing business momentum and new competition from smart watches. The firm has a 6-month price target of $113.
December 17, 2014
16:21 EDTKORSMichael Kors initiated with a Perform at Oppenheimer
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December 16, 2014
12:52 EDTFOSLFossil initiated with an Outperform at Cowen
Target $135.
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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December 15, 2014
11:12 EDTKORSMichael Kors management to meet with Jefferies
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December 9, 2014
10:23 EDTKORSOn The Fly: Analyst Initiation Summary
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06:53 EDTKORSMichael Kors initiated with an Overweight at Stephens
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