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Stock Market & Financial Investment News

News Breaks
August 1, 2014
08:28 EDTKORSMichael Kors Q1 margin, comp to overshadow earnings, says Maxim
Maxim believes investors will focus more on gross margin and the U.S. comp than the earnings per share number when Michael Kors reports on Monday. The firm expects investment in retail stores and infrastructure to further compress operating margin for the quarter and the year. Maxim has a Hold rating on Michael Kors with an $85 price target.
News For KORS From The Last 14 Days
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November 25, 2014
10:10 EDTKORSJanney to hold a field trip
Janney Montgomery Holiday Mall Tour is being held at Tysons Corner, Virginia on November 25.
November 24, 2014
10:37 EDTKORSKate Spade rises after handbag survey prompts Bank of America upgrade
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November 21, 2014
14:33 EDTKORSMichael Kors volatility at low end of historic range
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November 20, 2014
07:19 EDTKORSMichael Kors holiday catalog pricing up 11%, says Piper Jaffray
Piper Jaffray says its analysis shows the weighted average pricing for the Michael Kors Holiday catalog was $242, up 11% from last year. The firm adds the catalog contains new handbag silhouettes introductions including Dillon & Sutton. Piper continues to view Michael Kors as its top Holiday pick and keeps an Overweight rating on the name with a $98 price target.
November 18, 2014
07:30 EDTKORSMorgan Stanley to hold a conference
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November 12, 2014
07:58 EDTKORSFossil price target raised to $150 from $140 at Jefferies
Jefferies raised its price target for Fossil (FOSL) shares to $150 saying the company's renewed agreement with Michael Kors (KORS) removes an overhang on the stock. The firm thinks Fossil's European growth potential associated with the Kors relationship is underappreciated. It reiterates a Buy rating on the stock.

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