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Stock Market & Financial Investment News

News Breaks
September 11, 2012
09:30 EDTRL, BURBY, COHPolo Ralph Lauren, Coach drop after Burberry issues profit warning
News For RL;COH;BURBY From The Last 14 Days
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May 24, 2013
06:15 EDTRLRalph Lauren pullback a buying opportunity, says Citigroup
Citigroup views the pullback in shares of Ralph Lauren following the company's weaker than expected FY14 guidance as a buying opportunity. Citi says its long-term thesis remains intact and raised its price target for shares to $209 from $204 while keeping a Buy rating on the stock.
May 23, 2013
08:08 EDTRLRalph Lauren sees Q1 revenue up low-single-digit percentage, consensus $1.73B
Sees Q1 consolidated net revenues to increase by a low-single-digit percentage, including a 150 basis point net negative impact from foreign currency translation. Wholesale sales are expected to grow slightly faster than retail sales due to the transition of certain formerly licensed merchandise categories to directly controlled operations. Operating margin for Q1 is expected to be approximately 200-250 basis points below the comparable prior year.
08:07 EDTRLRalph Lauren sees FY14 revenues up 4%-7%, consensus $7.63B
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08:03 EDTRLRalph Lauren reports Q4 EPS ex-items $1.41, consensus $1.30
Reports Q4 revenue $1.64B, consensus $1.7B. Says Consolidated comparable store sales rose 3% on a reported basis and were up 4% in constant currency during Q4.
May 22, 2013
15:25 EDTRLNotable companies reporting before tomorrow's open
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May 21, 2013
10:00 EDTCOHOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna.
07:08 EDTRLPolo Ralph Lauren volatility flat, shares at record high into Q4
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06:12 EDTCOHCoach downgraded to Equal Weight from Overweight at Morgan Stanley
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May 17, 2013
06:09 EDTCOHCiti recommends Michael Kors ahead of Q4 results
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May 16, 2013
09:20 EDTCOHCoach estimatse raised at Sterne Agee
Sterne Agee believes Coach can take shares in the combined premium footwear/outwear market and has an opportunity in watches. The firm reiterates its Buy rating and raised its price target to $65 from $62.
May 15, 2013
17:46 EDTCOHSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
May 14, 2013
17:48 EDTRLLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
08:06 EDTRLBofA/Merrill's retail analysts hold an analyst/industry conference call
Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am.
May 13, 2013
14:46 EDTCOHCoach approached Tory Burch about possible takeover, WSJ says
Coach is weighing the purchase of an accessories brand to aid its growth, reported The Wall Street Journal, citing people familiar with the company's thinking. Coach previously approached Tory Burch, the report noted, and one source said a potential bid in the $2B-$3B range was discussed. Reference Link
14:19 EDTCOHCoach approached Tory Burch last year about deal, Dow Jones reports
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