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Stock Market & Financial Investment News

News Breaks
July 21, 2014
09:05 EDTKORSKors calls speculation of analyst 'heads up' false, unfounded, TheStreet says
TheStreet's Herb Greenberg reported that Michael Kors' outside counsel called suggestions made by Greenberg last week on whether the company may have communicated with analysts regarding its coming quarter "completely false and unfounded," adding that the author would have received "vehement denials and assurances" that Kors "takes Regulation FD compliance very seriously" had he called prior to his publication of the story "Kors Analyst Action -- Coincidence or Not?" For his part, Greenberg states that he did not call because his blog is "steeped in observation, analysis and commentary," but wishes that he did call in retrospect. Prior to Greenberg's previous story, four analysts took negative action on the stock despite no apparent news, leading to his questioning of that coincidence. Reference Link
News For KORS From The Last 14 Days
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May 27, 2015
09:00 EDTKORSMichael Kors says not looking at capital restructuring
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08:44 EDTKORSMichael Kors sees revenue growth accelerating in 2H
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08:37 EDTKORSMichael Kors sees using cash to repurchase shares
Says confident in long-term growth, free cash flow outlook. Says board has authorized additional $500M repurchase of shares at board meeting on May 20, extended program through May 2017. This increases the initial repurchase authorization to $1.5B.
08:22 EDTKORSMichael Kors sees forex rates as headwind this year
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07:03 EDTKORSMichael Kors sees FY16 EPS $4.40-$4.50, consensus $4.70
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07:02 EDTKORSMichael Kors sees Q1 EPS 74c-78c, consensus $1.03
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07:01 EDTKORSMichael Kors reports Q4 EPS 90c, consensus 91c
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05:58 EDTKORSStocks with implied volatility above IV index mean; KORS ZNGA
Stocks with implied volatility above IV index mean; Michael Kors (KORS), Zynga (ZNGA) 57 according to iVolatility.
May 26, 2015
16:01 EDTKORSOptions Update; May 26, 2015
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15:56 EDTKORSMichael Kors May 60.5 weekly straddle priced for 9.3% movement into Q4
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15:00 EDTKORSNotable companies reporting before tomorrow's open
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13:46 EDTKORSMichael Kors technical comments ahead of earnings
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12:31 EDTKORSMichael Kors May weekly volatility increasing into Q4 and outlook
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11:30 EDTKORSEarnings Watch: Analysts cautious on Michael Kors ahead of Q4 report
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07:23 EDTKORSMichael Kors target lowered, cautious stance remains, says Canaccord
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May 22, 2015
08:02 EDTKORSMichael Kors says breaking ground on European distribution center soon
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07:21 EDTKORSMichael Kors May weekly volatility elevated into Q4 and outlook
Michael Kors May weekly call option implied volatility is at 66, June is at 43, August is at 34, November is at 31; compared to its 90-day average of 33, suggesting large May price movement into the expected release of Q4 results on May 27.
May 20, 2015
06:46 EDTKORSMichael Kors multiple could 'struggle' to expand, says Piper Jaffray
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06:07 EDTKORSStocks with implied volatility above IV index mean; KORS BBY
Stocks with implied volatility above IV index mean; Michael Kors (KORS) 40, Best Buy (BBY) 37 according to iVolatility.
May 19, 2015
06:00 EDTKORSStocks with implied volatility above IV index mean; KORS ALTR
Stocks with implied volatility above IV index mean; Michael Kors (KORS) 38, Altera (ALTR) 72 according to iVolatility.
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