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Stock Market & Financial Investment News

News Breaks
July 18, 2014
07:32 EDTKORSMichael Kors price target lowered to $80 from $95 at Jefferies
Jefferies lowered its price target for Michael Kors shares to $80 after cutting its estimates for the company for the second time in two weeks. To reflect further concerns on promotions, Jefferies lowered its FY15 estimate to $3.60 from $3.90 and FY16 estimate to $4.00 from $4.60. Even with shares pulling back over the past few days, Jefferies says risk remains skewed to the downside. It keeps a Hold rating on the stock.
News For KORS From The Last 14 Days
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September 15, 2014
13:14 EDTKORSMichael Kors trends tracking above Street, says ITG Research
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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 9, 2014
09:06 EDTKORSJimmy Choo near London IPO with $1B valuation, Bloomberg says
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