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Sterne Agee On Coach: Turnarounds Take Time
Wednesday, November 26, 2014 - 1:50pm | 296Read More...Ike Boruchow of Sterne Agee recently held a conference call with Coach Inc's (NYSE: COH) management team, including Andrea Resnick, Global Head of Investor Relations and Christina Colone, Director of Investor Relations. Boruchow concluded in a note to clients on Wednesday that 2015...
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Wunderlich Securities Reiterates On Kate Spade Ahead Of Earnings
Monday, November 3, 2014 - 12:27pm | 221Read More...Eric Beder of Wunderlich Securities on Monday reiterated a Buy rating on Kate Spade & Co (NYSE: KATE) with a $36 price target ahead of the company's third quarter results due on Thursday. “We believe the last quarter has seen a material decline in investor sentiment for one of the...
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Markets Continue To Rally As The Dow Closes Above 17,000
Tuesday, October 28, 2014 - 4:44pm | 1552Read More...U.S. stocks continued to charge forward as the Dow closed above the 17,000 mark as consumer confidence rose more than expected in October. The Federal Reserve gathered Tuesday and will release a statement on Wednesday at 2:00 p.m. ET. It is not a foregone conclusion that the Federal Reserve...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178Read More...U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092Read More...U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Coach's Victor Luis Recaps 'Challenging Year' During Conference Call
Tuesday, August 5, 2014 - 2:48pm | 934Read More...On Tuesday Coach (NYSE: COH) reported its fourth quarter results in which the fashion retailer earned $0.59 per share, topping the consensus estimate of $0.53. Revenue of $1.14 billion also beat analyst expectations, who were projecting $1.09 billion in revenue. Following the quarterly report...
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Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399Read More...U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
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Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446Read More...U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213Read More...U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263Read More...U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...
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Market Wrap For June 19: Stocks Little Changed, Gold and Silver Higher
Thursday, June 19, 2014 - 4:45pm | 2517Read More...U.S. stocks were little changed the day after investors and traders were reassured by the Federal Reserve that interest rates will not rise in the near-term. The U.S. government reported that fewer Americans filed claims for jobless benefits in the previous week, partly helping the S&P 500...
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Market Wrap For June 18: Markets Rally On Fed Comments And Tapering
Wednesday, June 18, 2014 - 4:34pm | 2069Read More...U.S. stocks rose as investors and traders digested comments from the Federal Reserve. The Federal Reserve Open Committee announced that it will further taper its asset purchases by another $10 billion. The Fed is now committing towards purchasing $35 billion of assets per month. The Fed also...
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Market Wrap For June 12: Iraq Concerns Dampens Bullish Momentum
Thursday, June 12, 2014 - 4:37pm | 1579Read More...U.S. stocks declined as investors demonstrated concerns over recent escalations of violence in Iraq. Crude oil rose as a wave of violence has seen Mosul and Tikrit (two cities key to Iraq's oil industry) fall to insurgent forces. The Senate confirmed former Bank of Israel government...
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3 Stocks To Watch After Strong Earnings Reports
Thursday, June 5, 2014 - 10:18am | 1077Read More...The U.S. stock market recorded healthy gains last week and the S&P 500 closed at a new all-time high on Tuesday. Stocks have been in a bull market now since the lows of March 2009, but the investment landscape has certainly become more difficult in 2014. As the bull market continues into a...
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Market Wrap For June 4: Markets Slightly Higher On Light Volume, Beige Book
Wednesday, June 4, 2014 - 4:38pm | 2314Read More...U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...














