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Michael Kors Holdings Ltd

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  • Tiffany and Michael Kors are big market movers Wednesday, 27 May 2015 | 4:34 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Tiffany& Co., up $9.01 to $94.54. Michael Kors Holdings Ltd., down $14.66 to $45.93.

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales, weighs on rivals. *Chipmakers Broadcom, Avago surge on M&A talks.

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales, weighs on rivals. May 27- U.S. stocks were on track for their strongest daily gain in two weeks on Wednesday, led by technology and healthcare stocks and hopes that Greece would avoid defaulting on its debt.

  • US STOCKS-Wall St rises as Greece worries abate Wednesday, 27 May 2015 | 1:26 PM ET

    *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales; weighs on rivals. May 27- U.S. stocks rose higher in afternoon trading on Wednesday, on track for their best day since mid-May, on reports that Greece would avoid a default.

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales; weighs on rivals. May 27- U.S. stocks were up in late morning trading on Wednesday, rebounding strongly from their steepest fall in three weeks on Tuesday, as the dollar's rally eased on reports that Greece would avoid a default.

  • *Michael Kors slumps on weak sales, weighs on rivals. The strong dollar, which means that U.S. companies earn less when sales abroad are brought back, and concerns about Greece has weighed heavily on Wall Street. "The market seems to be in a relief rally and looks like its catching its breath after yesterday's selloff," said Peter Cardillo, chief market economist at...

  • US stocks set to bounce back, dollar in focus Wednesday, 27 May 2015 | 8:29 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures pointed to a higher open on Wednesday, following Europe into positive territory shrugging off Tuesday's weak close.

  • May 27- Michael Kors Holdings Ltd reported its slowest quarterly revenue growth since it went public in December 2011 as demand for its handbags and accessories weakened in North America. Michael Kors' revenue rose 17.8 percent in the fourth quarter, slowing sharply from the growth of 29.9-74.4 percent it posted for the past 13 quarters. Michael Kors has been...

  • US STOCKS-Futures edge higher after dollar rally subsides Wednesday, 27 May 2015 | 7:41 AM ET

    May 27- U.S. stock index futures were higher on Wednesday as the dollar retreated from its largest gain in two years and as worries about Greece receded. *Greece and its European creditors have also played down fears that Athens would default on a payment to the International Monetary Fund next week. *Michael Kors Holdings fell 11 percent to $53.92 after the...

  • Michael Kors posts slowest sales growth in 14 quarters Wednesday, 27 May 2015 | 7:18 AM ET

    May 27- Handbag maker Michael Kors Holdings Ltd reported the slowest sales growth in at least three and a half years as demand in North America weakened. Michael Kors' revenue rose 17.8 percent to $1.08 billion in the fourth quarter ended March 28. Net income rose to $182.6 million, or 90 cents per share, from $161 million, or 78 cents per share, a year earlier.

  • Michael Kors shares take dive on sales weakness, outlook Wednesday, 27 May 2015 | 7:12 AM ET

    LONDON— Michael Kors' stock plunged more than 10 percent in premarket trading after the seller of handbags, clothing and accessories issued a weak outlook and said sales are being pressured by foreign currency fluctuations. For the three months ended March 28, Michael Kors Holdings Ltd. earned $182.6 million, or 90 cents per share. The average estimate of 16...

  • Asia stocks uneven as Greece deadline looms, Tokyo gains Wednesday, 27 May 2015 | 2:58 AM ET

    Investors remain focused on Greece's debt problems. MERGER APPROVAL: Tobacco companies Lorillard and Reynolds American rose after the Federal Trade Commission gave its tacit approval to the companies' $27.4 billion merger. Lorillard, maker of Newport cigarettes, was up 84 cents, or 1.1 percent, to $72.96.

  • 4 trades ahead of big retail earnings Tuesday, 26 May 2015 | 6:52 PM ET
    A Costco store in Richmond, Calif., March 6, 2014.

    Costco, Tiffany and Michael Kors all report earnings on Wednesday, and "Fast Money" traders discussed how to play their stocks.

  • Ann Taylor got snapped up. Who's next? Monday, 18 May 2015 | 2:14 PM ET
    Shopper enters a Ann Taylor LOFT clothing store located on Madison Avenue in New York City.

    The acquisition of Ann Taylor parent Ann Inc. could spur activity among other apparel retailers, Jefferies analyst Randal Konik said.

  • Lululemon and Ugg—Booming men's brands? Monday, 4 May 2015 | 2:19 PM ET
    Men outside a Coach store

    A dominant fashion trend and more style-oriented men should drive sales at these women's retailers, Jefferies analyst Randal Konik said.

  • Buy this stock on Coach's struggles, expert says Tuesday, 28 Apr 2015 | 4:12 PM ET
    Coach retail

    With Coach's comparable-store sales falling, battered Michael Kors makes a better buy, a retail analyst said.

  • Pain before gain? Coach's earnings 'well worse' Tuesday, 28 Apr 2015 | 12:31 PM ET
    Coach

    Coach shares fell following third-quarter results that showed its comparable-store sales and earnings decelerated.

  • *Q3 North America sales down 24 pct at $493 mln. April 28- Coach Inc reported its worst decline in sales in seven quarters in North America, raising concerns that the handbag and accessories maker's turnaround efforts were failing to gain traction in a highly competitive market. The maker of Poppy handbags has been losing out to newer entrants such as Michael Kors...

  • April 28- Coach Inc's sales in North America fell for the seventh straight quarter due to weak demand for its handbag and accessories, raising concerns that the company's turnaround efforts were failing to gain traction. Same-store sales in North America, the company's biggest market, fell 23 percent. Coach has been losing out to newer entrants such as Michael...

  • April 28- Handbag and accessories maker Coach Inc's quarterly sales fell short of estimates due to continued weak demand for its products in North America, its biggest market. Sales in North America fell 24 percent to $493 million in the third quarter ended March 28, marking the seventh straight quarter of decline. Coach, which was founded in a Manhattan loft in...