Nine stocks in the S&P 500, including Coach, Avon Products and Newmont Mining are struggling, reports USA Today.» Read More
Take a look at some of Wednesday's midday movers: Coach, First Solar, Walgreen & more.
The "Squawk on the Street" news team breaks down Coach and Under Armour. Cramer says UA is too expensive and explains why Coach is floundering.
Some of the names on the move ahead of the open.
For the second year in a row, selling in May hasn't panned out the way people thought it would.
May 29- Dazzled for two-and-a-half years, Wall Street finally blinked when Michael Kors Holdings Ltd warned that its margins might suffer from the cost of opening stores in Europe.
26 non-financial S&P 500 companies resist borrowing, as they reported no long-term debt for the first quarter of 2014. USA Today reports.
Michael Kors had a rare stumble Wednesday, when its shares were at risk of falling for the first time on a day it reported earnings.
May 28- Michael Kors Holdings Ltd, whose trendy clutch bags and watches have taken Wall Street by storm, said it expected the cost of opening new stores in Europe to depress gross margins in the next few quarters.
May 28- Michael Kors Holdings Ltd said it expects its current-quarter gross margins to be slightly lower than a year earlier due to the costs of opening new stores in Europe. The startup expenses, such as leasing costs, associated with its expansion in Europe would hurt its retail operating margins, Michael Kors said on a conference call.
May 28- Michael Kors Holdings Ltd forecast first-quarter revenue above analysts' estimates, after reporting a 59 percent jump in fourth-quarter profit due to higher demand for its handbags and watches in North America, its biggest market. Shares of the company, founded by fashion designer Michael Kors, rose about 8 percent in premarket trading.
Kate Spade CEO discusses how aspirational luxury is driving growth.
The rich plan to spend more in 2014. On their wish list: Vacations, home improvement and cars. Fashion and collectibles are not as coveted.
Citigroup analyst Oliver Chen said the accessories company's transformation could take multiple years.
*Twitter to report earnings after market close. NEW YORK, April 29- U.S. stocks rose on Tuesday, boosted by upbeat results from companies including Merck& Co and a rebound in Facebook and other high-growth shares. Merck& Co' s shares climbed 3.6 percent to $58.72, giving the S&P 500 its biggest lift, after it reported stronger-than-expected earnings.
Stocks finished higher Tuesday, with the Dow approaching a record high, as investors cheered a round of better-than-expected quarterly earnings and largely shrugged off worries over Ukraine.
NEW YORK, April 29- U.S. stocks rose on Tuesday, helped by upbeat results from companies including Merck& Co and Sprint, as well as more deal activity on the healthcare front. Merck& Co' s shares jumped 2.9 percent to $58.35, giving the S&P 500 its biggest lift, after it reported stronger-than-expected results.
April 29- Coach Inc's North American woes deepened last quarter as the upscale retailer continued to lose market share and the new line of clothes, shoes and handbags it is banking on to reverse its fortunes remained months away from hitting stores.
*Twitter to report earnings after market close. NEW YORK, April 29- U.S. stocks edged higher on Tuesday following better-than-expected earnings from Merck& Co and Sprint Corp.. The Dow Jones industrial average outperformed the broader market as component Merck& Co' s shares jumped nearly 3 percent to $58.31 after its earnings report.
Twitter to report earnings after market close. NEW YORK, April 29- U.S. stocks rose on Tuesday following better-than-expected earnings from Merck& Co and Sprint Corp.. The Dow Jones industrial average was outperforming the broader market as component Merck& Co' s shares jumped nearly 3 percent to $58.42 after its earnings report.
U.S. stock index futures pointed to a higher open, ahead of first quarter earnings from companies including Twitter and eBay.