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Stock Market & Financial Investment News

News Breaks
May 21, 2014
10:22 EDTCOH, NILE, KORS, SIG, TIF, JWNTiffany advances after beat and raise quarter
Shares of luxury retailer Tiffany (TIF) are climbing after the company reported significantly stronger than expected results and raised its full-year profit guidance. WHAT'S NEW: Tiffany reported first quarter earnings per share of 97c, well above analysts' consensus outlook of 78c. The company's Q1 revenue came in at $1B, versus the consensus outlook of $955M. The retailer said that its comparable sales jumped 9% last quarter, compared with the same period a year earlier. Meanwhile, Tiffany increased its fiscal 2014 EPS guidance to $4.15-$4.25 from $4.05-$4.15, bringing its outlook in-line with the consensus estimate of $4.17. The retailer said it expects its gross margin to rise this year. Tiffany warned, however, that it is difficult to extrapolate full-year results based on its Q1 earnings, since Q1 is historically the weakest quarter of the year. OTHERS TO WATCH: Other high end retailers include Signet Jewlers (SIG), Blue Nile (NILE), Nordstrom (JWN), Michael Kors (KORS), and Coach (COH). PRICE ACTION: In early trading, Tiffany rose $8.16, or 9.25% to $96.39.
News For TIF;KORS;COH;SIG;NILE;JWN From The Last 14 Days
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December 17, 2014
16:23 EDTCOHCoach initiated with a Perform at Oppenheimer
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16:21 EDTKORSMichael Kors initiated with a Perform at Oppenheimer
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December 16, 2014
12:51 EDTCOHCoach initiated with a Market Perform at Cowen
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10:26 EDTKORSMichael Kors management to meet with Jefferies
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10:11 EDTKORSMichael Kors initiated with a Market Perform at Cowen
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10:06 EDTTIFTiffany initiated with an Outperform at Cowen
Target $123.
December 15, 2014
11:12 EDTKORSMichael Kors management to meet with Jefferies
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December 12, 2014
14:25 EDTCOHCoach moves higher, levels to watch
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05:54 EDTCOHStocks with implied volatility movement; COH CX
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December 11, 2014
14:27 EDTCOHLVMH not likely interested in Coach, says Evercore ISI
Evercore ISI said LVMH (LVMUY) is not likely interested in acquiring Coach (COH). The firm said LVMH has put a lot of marketing and investment behind the Marc Jacobs label and is unlikely to acquire another aspirational brand at this point.
10:33 EDTCOHCoach calls active after website says LVMH showing interest
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10:13 EDTCOHCoach spikes after website says LVMH showing interest
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09:53 EDTCOHLVMH has shown interest in Coach, Prime Retailer reports
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09:49 EDTCOHLVMH has shown interest in Coach, PrimeRetailer says
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December 9, 2014
10:23 EDTKORS, COHOn The Fly: Analyst Initiation Summary
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07:05 EDTCOHCoach initiated with an Equal Weight at Stephens
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06:53 EDTKORSMichael Kors initiated with an Overweight at Stephens
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December 8, 2014
10:11 EDTSIGHigh option volume stocks
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December 5, 2014
12:50 EDTSIGOn The Fly: Midday Wrap
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06:01 EDTSIGFrancesca's names Michael Barnes Chairman, President and CEO
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