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Stock Market & Financial Investment News

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February 5, 2014
12:37 EDTRLRalph Lauren weakness a buying opportunity, says Buckingham
Buckingham believes Ralph Lauren's lowered 2015 OpM guidance will not be as bad as feared and that sales, margin, and earnings acceleration will drive multiple expansion. The firm would buy shares on weakness and reiterates its Buy rating and $220 price target.
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October 15, 2014
06:12 EDTRLNike's Converse sues rivals over 'copycat' design, NY Post reports
Converse, a unit of Nike (NKE), is suing rivals including Ralph Lauren (RL) and Tory Burch, alleging that shoemakers and retailers are copying its iconic design, the New York Post reports. Lawyers for Converse say "We welcome fair competition, but we do not believe companies have a right to copy the trademarked look." The lawsuit seeks unspecified damages and injunctions that would bar the production of the rival shoe models. Reference Link
October 9, 2014
09:41 EDTRLBofA/Merrill retail analysts hold an analyst/industry conference call
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