Michael Kors Holdings Ltd (KORS.N)
|Market Cap (Mil.):||$16,462.97|
|Shares Outstanding (Mil.):||203.85|
- Michael Kors Holdings Ltd reported a higher-than-expected 40 percent jump in quarterly revenue and said it would open about 100 stores in 2014 as demand for luxury goods such as its trendy handbags and watches shows no sign of fading. | Video
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NEW YORK, Nov 5 - U.S. stocks were little changed on Tuesday following two days of gains on Wall Street as investors weighed the implications of strong economic data on the path of monetary policy over the next several months.
* Indexes off: Dow 0.56 pct, S&P 0.52 pct, Nasdaq 0.45 pct
REUTERS - Michael Kors Holdings Ltd reported a better-than- expected 40 percent jump in quarterly revenue due to strong demand for its trendy handbags and watches, and said it planned to open about 100 retail stores in 2014.
NEW YORK, Nov 5 - U.S. stocks were poised for a lower open on Tuesday ahead of data on the services sector, putting the S&P 500 on pace to halt a two-day streak of gains.
Nov 5 - Michael Kors Holdings Ltd, a maker of fashion apparel and accessories, reported a 49 percent jump in quarterly profit as sales rose in Europe and North America.
* First-quarter revenue falls 1 pct to $1.15 bln vs est $1.19 bln
FRANKFURT - The Ontario Teachers' Pension Plan (OTPP) has bought a 2 percent stake in Europe's biggest online fashion retailer Zalando, continuing a push into e-commerce investment for the fund.
Oct 1 - Oct 1 - Deckers Outdoor Corp: * Deckers outdoor corp : barclays raises price target to $70 from $65; rating overweight * J c penney company inc : barclays cuts price target to $10 from $20; rating equal weight * Lululemon athletica inc : barclays raises price target to $85 from $80; rating overweight * Michael kors holdings ltd : barclays raises price target to $80 from $74; rating overweight For a summary of rating and price target changes on U.S. companies: R