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Michael Kors Holdings Ltd

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  • Feb 5- Luxury accessories retailer Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter after North American same-store sales in the holiday shopping period rose at the slowest pace since the company went public in 2011.. Michael Kors increased discounting and offered more promotions in the quarter, in contrast to Coach...

  • *Pfizer to buy Hospira for about $15 billion. *Twitter gains after Bloomberg reports deal with Google. NEW YORK, Feb 5- U.S. stocks advanced on Thursday, bouncing back from a late selloff in the prior session thanks to higher oil prices, an upbeat report on the labor market, and news Pfizer would buy Hospira in a massive deal.

  • *Pfizer to buy Hospira for about $15 billion. *Twitter gains after Bloomberg reports deal with Google. *Michael Kors tumbles after results, outlook.

  • Futures point higher; Oil, US data eyed amid Greece Thursday, 5 Feb 2015 | 8:39 AM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. stock index futures signaled a higher open, ahead of key media company earnings and after the ECB put more pressure on Greece's new government.

  • Feb 5- Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter as heavy discounting and increased promotions weigh on the luxury accessories retailer's margins. Analysts have expressed concerns about Michael Kors' recent spike in discounting and promotions, in contrast to rivals Coach Inc and Kate Spade& Co..

  • *Pfizer to buy Hospira for about $15 billion. *Twitter gains after Bloomberg reports deal with Google. *Pfizer said it would buy Hospira Inc for about $15 billion to gain access to its biosimilars.

  • Early movers: HSP, LB, SIRI, YUM, CME & more Thursday, 5 Feb 2015 | 7:49 AM ET
    NYSE New York Stock Exchange traders markets

    Some of the names on the move ahead of the open.

  • Accessories retailer Michael Kors' sales jump 31 pct Thursday, 5 Feb 2015 | 7:18 AM ET

    Feb 5- Luxury accessories retailer Michael Kors Holdings Ltd reported a 31 percent jump in quarterly sales as demand for its trendy clutch bags and watches soared in North America during the holiday shopping season. The company's net income rose to $303.7 million, or $1.48 per share, in the quarter ended Dec. 27 from $229.6 million, or $1.11 per share, a year earlier.

  • Lower gas prices no windfall for these retailers Wednesday, 4 Feb 2015 | 3:02 PM ET
    A customer checks out at a Best Buy in Peoria, Ill.

    As oil prices fall, it becomes harder for energy companies to maintain profitability.

  • Stocks close up sharply, boosted by Greece and oil Monday, 2 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.

  • February outlook: Retail, energy and a correction? Monday, 2 Feb 2015 | 9:47 AM ET

    Here's how Wall Street is positioning for February, a month that history says could be tough for stocks after a down January.

  • Jan 29- A holiday-season splurge in handbag sales has given Coach Inc and Kate Spade& Co new impetus to cut back on promotions, confident that Americans are more willing to splash out on luxury. Kate Spade announced plans to discontinue its low-margin brand while Coach, its larger competitor, surprised Wall Street by revealing an increase in demand for its...

  • Jan 29- Coach Inc posted a better-than-expected profit for the second quarter as demand for its Poppy handbags improved in North America, its biggest market, from the first quarter and sales rose in China, a key market. Coach has been shifting focus to markets such as Asia and Europe as it loses customers in North America to fast-growing rivals Michael Kors...

  • Your first trade for Tuesday, January 27 Monday, 26 Jan 2015 | 7:18 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders give their final trades of the day.

  • Your first trade for Thursday Wednesday, 21 Jan 2015 | 6:24 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders give their final trades of the day.

  • Strong dollar could scare tourists away from U.S. Tuesday, 20 Jan 2015 | 8:00 AM ET

    Jan 20- New York restaurant owner Jeremy Merrin has seen business droop in recent weeks at his Havana Central eatery in Times Square. International tourists to the United States spend more than $200 billion annually on travel, hotels, dining and shopping, but growth in 2015 is expected to decelerate as would-be visitors balk at the stronger dollar and grapple...

  • Early Movers: Goldman Sachs, Intel, Netflix & more Friday, 16 Jan 2015 | 8:54 AM ET

    Companies making headlines before the bell Friday:

  • S&P 500 records longest loss streak since late 2013 Tuesday, 6 Jan 2015 | 4:37 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 29, 2014.

    Stocks fell Tuesday as investors fretted the implications of crude's failure to find a floor.

  • Coach deal does little to solve brand's woes Tuesday, 6 Jan 2015 | 12:54 PM ET

    Still, analysts acknowledged that Stuart Weitzman is a strong brand that could contribute to Coach's overall sales.

  • Jan 6- Coach Inc will buy women's luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with fast-growing rivals such as Michael Kors Holdings Ltd and Kate Spade& Co.. Coach, known for its Poppy handbags, said it would buy Stuart Weitzman Holdings from private equity firm Sycamore Partners in a deal...