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Stock Market & Financial Investment News

News Breaks
August 6, 2014
09:23 EDTRLRalph Lauren sees foreign exchange impacts relatively neutral for FY15
Says conditions have been difficult for retailers around the world, particularly in North America. Says FY15 "off to a good start." Says continuing to work to "globalize" company. Says global macro data giving "mixed" signals on health of the consumer. Comments made on the Q1 earnings conference call.
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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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