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Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:11 EDTKORS, TIFMichael Kors names Lafay president of Asia
Michael Kors (KORS) announced that Stephane Lafay has been named to the newly created role of president of Asia. He will report to John Idol, the company’s Chairman and CEO. Lafay was most recently at Tiffany (TIF), where he held the position of senior vice president, Asia Pacific and Japan.
News For KORS;TIF From The Last 14 Days
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March 27, 2015
11:34 EDTTIFTiffany management to meet with Jefferies
Meeting to be held in New York on April 2 hosted by Jefferies.
March 22, 2015
17:16 EDTKORSMichael Kors looks inexpensive, Barron's says
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March 20, 2015
16:22 EDTTIFOn The Fly: Closing Wrap
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10:40 EDTTIFTiffany price target lowered to $91 from $110 at Sterne Agee
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09:24 EDTTIFOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Ctrip.com (CTRP), up 20.1%... Rally Software (RALY), up 17.3%... Nike (NKE), up 5.2%... Darden Restaurants (DRI), up 4.3%... Cheetah Mobile (CMCM), up 3.6%. ALSO HIGHER: Prothena (PRTA), up 40.2% after reporting positive results from Phase 1 study of PRX002... Viggle (VGGL), up 26.9% after confirming receipt of offer from chairman and CEO Robert Sillerman... Intercept Pharmaceuticals (ICPT), up 8.5% after announcing new data analyses from FLINT trial... Biogen Idec (BIIB), up 9.7% after presenting positive interim results from study of aducanumab... Pier 1 Imports (PIR), up 5.2% after being upgraded to Outperform from Perform at Oppenheimer... JinkoSolar (JKS), up 2.8% after announcing that it will supply 75 MWdc of its PV solar modules to Red Horse 2 project and following a strategic collaboration agreement with DuPont (DD). DuPont is up just under 1%. DOWN AFTER EARNINGS: AK Steel (AKS), down 6.8%... Youku Tudou (YOKU), down 4.9%... Tiffany (TIF), down 3.3%. ALSO LOWER: Macerich (MAC), down 7.7% after Simon makes $95.50 per share "best and final" offer.
09:09 EDTTIFTiffany sees 'modest' increase in gross margin in 2015
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08:54 EDTTIFTiffany says has seen 'marked softening' of sales results in Hong Kong
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08:26 EDTTIFTiffany falls after results, levels to watch
In the pre-market the shares are trading down over 3.3% to $83.50. At that price next support is at the 52-week low at $82.75. A key level to watch is the $80 area. On a long-term basis this has been important support. Breaking below that level would confirm a major top on a long-term basis The 50-month moving average at $77.35 would then be a level to watch as it is the very long-term uptrend support line. Resistance is at $84.70.
07:14 EDTTIFTiffany plans to add 12-15 net company-operated stores in FY16
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07:13 EDTTIFTiffany sees Q1 worldwide net sales down approx. 10%
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07:12 EDTTIFTiffany says $273M authorized for repurchases at January 31
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07:11 EDTTIFTiffany sees 'minimal growth' in FY16 EPS from $4.20 in FY14
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07:07 EDTTIFTiffany sees approx. 30% decline in Q1 net earnings, consensus 92c
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07:06 EDTTIFTiffany says facing challenges from global economic uncertainties
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07:05 EDTTIFTiffany: Strength of U.S. dollar having negative effect on spending by tourists
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07:04 EDTTIFTiffany reports Q4 EPS $1.51, consensus $1.51
Reports Q4 revenue $1.3B, consensus $1.31B. On a constant-exchange-rate basis, which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales increased 3% led by growth in Europe and Asia-Pacific, with the largest growth in the fashion jewelry category, and worldwide comparable store sales were equal to the prior year.
March 19, 2015
15:19 EDTTIFNotable companies reporting before tomorrow's open
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13:44 EDTTIFTiffany March 85 straddle priced for 5.3% movement into Q3
10:23 EDTTIFHigh option volume stocks
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March 18, 2015
10:06 EDTKORSMichael Kors recent headwinds provide a buying opportunity, says BofA/Merrill
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