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Stock Market & Financial Investment News

News Breaks
February 11, 2014
08:37 EDTRLRalph Lauren upgraded at Atlantic Equities
As previously reported, Atlantic Equities upgraded Ralph Lauren to Overweight from Neutral. The firm upgraded shares due to valuation, long-term growth prospects, and gross margin expansion opportunities. Price target is $187.
News For RL From The Last 14 Days
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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

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