Thirteen stocks in the S&P 500 are targeting 60 percent rises in stock prices...but is it too ambitious? USAToday reports.» Read More
Kate Spade intends to remain focused on its core product line, CEO Craig Leavitt says.
Feb 25- Fifth& Pacific Cos Inc's revenue jumped 22 percent in the holiday quarter as its trendy kate spade handbags proved a hit with shoppers. Shares of Fifth& Pacific, which said earlier that it would change its name to Kate Spade& Co, will trade under the new "KATE" symbol from Wednesday on the New York Stock Exchange.
With economic data muted and the stock market in rally mode, Jim Cramer thinks these stocks are likely to attract bulls.
The trends at New York Fashion Week will be difficult to duplicate at fast fashion retailers such as H&M and Zara.
NEW YORK, Feb 13- Ralph Lauren, Michael Kors and other designers at the close of New York's Fashion Week on Thursday showed swathes of color as sweeping as the outdoors in collections inspired by America's landscapes and rugged coastlines. Fashion shows now move to London, Paris and Milan.
Feb 11- Fashion accessory maker and retailer Fossil Group Inc reported better-than-expected quarterly results as it sold more watches and jewelry in North America, its largest market. Fossil sells watches ranging from $7 to upwards of $2000, under brands such as Armani Exchange, Marc by Marc Jacobs and Michael Kors.
A combination of profit-taking, concerns about growth in emerging markets and the Federal Reserve's decision to keep trimming its monthly bond-buying stimulus has sent the benchmark S&P 500 down 4 percent since the end of 2013. As a result, only one out of the 1,781 large-cap growth funds tracked by Morningstar has a positive return for the year through Feb. 5, and that one- the tiny $10.2 million Upright Growth Fund- is up just 1.1 percent.
CNBC's Krystina Gustafson discusses how Coach will partake in NYC fashion week in an effort to better compete with its more fashion-forward competitors such as Michael Kors and Kate Spade.
Coach is making its debut at New York Fashion Week, in an effort to woo shoppers back from its more fashion-forward competitors.
What will the nasty forces in this market do to you next? The magnificent seven may help you fight back.
*Michael Kors stock soars after results. *J.C. Penney shares slide after bearish comments. *Yum Brands Inc reaffirms 2014 profit outlook, shares jump.
U.S. bonds edged lower on Tuesday, ahead of the publication of more factory data.
U.S. stocks rose on Tuesday, with equities rebounding after a rout the prior day.
Shares of Michael Kors surged Tuesday after it topped analysts' earnings forecasts, but other retailers will struggle to follow suit.
CNBC.com Senior Writer John Jannarone talks about how the apparel maker has influenced analysts' estimates to consistently beat expectations.
A look at Tuesday's midday movers:
*Yum Brands reaffirms 2014 profit outlook, shares jump. *Michael Kors stock soars after results. NEW YORK, Feb 4- U.S. stocks bounced on Tuesday, underpinned by sturdy corporate results, as the market fought to regain its footing following its largest selloff in months a day earlier.
For the moment, the markets are a bit calmer. Asia was weak overnight, but U.S. stocks opened in positive territory.
U.S. stock index futures pointed to a higher open on Tuesday, with the focus on factory order data for December.
*Michael Kors shares soar after results. *Wall Street kicked off a global equities selloff Monday, with the S&P 500 suffering its worst drop since June, after weaker-than-expected U.S. data added to concerns over growth in China and the outlook for some emerging economies.