Coach Inc
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Despite a recent jump in Coach's share price on signs of stabilization, Goldman Sachs issued a research note saying that the retailer's turnaround may be just midway through.
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*Wells Fargo cuts to market perform from outperform- Theflyonthewall.com. Reuters Station users, click. 1568. Reuters Station users, click. 4899 (; ().
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*Stifel raises price target to $65 from $58; rating buy. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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Despite a recent jump in Coach's share price on signs of stabilization, Goldman Sachs issued a research note saying that the retailer's turnaround may be just midway through.
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May 2- Fifth& Pacific Cos Inc reported a smaller-than-expected first-quarter loss on Thursday, as sales of its upscale kate spade handbag and clothing brand soared and the company offered fewer discounts on its Lucky Brand items.
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*Wedbush raises target price to $58 from $54; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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Stocks ended a volatile day with strong gains Tuesday after taking a sharp nosedive in midday trading, following a false Twitter post of two explosions in the White House.
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*Netflix shares surge after results. *Apple up nearly 5 percent after bell on earnings. NEW YORK, April 23- U.S. stocks climbed on Tuesday in a broad rally, recovering from sharp declines sparked by a "bogus" Associated Press tweet about explosions at the White House.
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*Netflix shares surge after results. NEW YORK, April 23- U.S. stocks climbed on Tuesday in a broad rally, recovering from sharp declines sparked by a "bogus" Associated Press tweet about explosions at the White House. A false tweet by hackers of two explosions at the White House that injured U.S.
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Discussing the quarter, its transformation strategy, and what's ahead for consumers, with Coach CEO Lew Frankfort.
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Coach, which relaunched itself this year as a "lifestyle brand" after demand for its premium handbags began to sag, beat Wall Street expectations by boosting sales in North America in the third quarter.
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*Netflix and Coach soar after results top forecasts. Gains were driven by corporate earnings, with Netflix Inc and Coach Inc the S&P 500' s top two percentage gainers. Netflix soared 23 percent to $214.37 while Coach was up 11 percent at $56.09.
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The upscale leather goods maker and retailer reported higher-than-expected quarterly results and raised its annual dividend.
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*Netflix and Texas Instruments rally on results. *DuPont and Travelers raise quarterly dividends. Nasdaq futures showed exceptional strength following results from Netflix and Texas Instruments, though positive indicators could be found across sectors, including a pair of Dow components.
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*Co raises annual dividend by 13 pct to $1.35/ shr. April 23- Upscale leather goods maker and retailer Coach Inc reported higher-than-expected quarterly results and raised its annual dividend, sending its shares up 13 percent before the bell.
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*Netflix and Texas Instruments rally on results. *DuPont and Travelers raise quarterly dividends. NEW YORK, April 23- U.S. stock index futures edged higher on Tuesday as strong earnings improved sentiment, but weak data from China underlined concerns about global growth.
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April 23- Upscale leather goods maker and retailer Coach Inc reported better-than-expected quarterly results, helped by higher sales in North America. Sales at stores open at least a year in North America, its biggest market by far, rose 1 percent.
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The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
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The "Fast Money" traders share their final trades of the day.
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It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
