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Stock Market & Financial Investment News

News Breaks
July 24, 2014
06:17 EDTFOSL, KORSMichael Kors watch momentum moderating, says Citigroup
Citigroup says its survey indicates Michael Kors (KORS) is seeing moderating momentum in watch sales due to increased competition and stagnant designs. Conversely, Citi's survey indicated Fossil (FOSL) wholesale sales are showing improvement on design and price. The firm reiterates a Buy rating on Fossil and says it remains cautious on Michael Kors with a Neutral rating.
News For KORS;FOSL 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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