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Coach to acquire Kate Spade in $2.4bn deal

Kate Spade operates under two global, multichannel lifestyle brands: kate spade NY and Jack Spade NY. The deal is expected to close in the third quarter of 2017 and generate $50 million in cost savings within three years of closing. Some of its recent executive appointments like that of Joshua Schulman, former president of Neiman Marcus Group's iconic Bergdorf Goodman store, to drive the Coach brand was one such. Lire la suite »

Inovio Pharmaceuticals' (INO) Neutral Rating Reaffirmed at BNP Paribas

We are pleased with the company's collaborations with other firms for pipeline development. On a per-share basis, the Bethesda, Maryland-based company said it had profit of 94 cents. Brean Capital maintained the shares of INO in report on Monday, March 14 with "Buy" rating. On 3/31/2017 Jong Joseph Kim, CEO, sold 147,180 with an average share price of $6.54 per share and the total transaction amounting to $962,557.20. Lire la suite »

(ANH) Announces Earnings Results


The stock's market capitalization is 559.30M, it has a 52-week low of 4.47 and a 52-week high of 5.96. (NYSE:ANH) will be posting its Q1 2017 quarterly earnings results after the market closes on Tuesday, May 2nd. The stock was bought at an average cost of $9.67 per share, with a total value of $48,350.00. The number of shares now owned by investors are 204.56 mln. Lire la suite »

Commerce Sec Wilbur Ross: 10 US-China Trade Agreements 'Herculean Accomplishment'

The United States and China have struck a deal that will see Beijing lift a ban on U.S. beef, allow imports of liquefied natural gas and increase access for USA financial firms. Atkinson said he was also alarmed the deal said the USA now "welcomes direct investment by Chinese entrepreneurs". The areas dealt with in the initial agreement represent export opportunities that American companies have long sought. Lire la suite »

Yogi Adityanath praises Maharana Pratap, says Akbar, Babar were invaders


The minister also paid tributes to leaders who took part in the first war of independence in 1857 and said Maharana Pratap and Shivaji had inspired them. "I am surprised that historians called Akbar as great but not Pratap". Urging the audience to treasure the rich history of the country, the UP CM said, "A community which does not have the capacity to treasure its rich history, can never keep its geography safe". Lire la suite »

Ram pickup air bags can fail in rollover; 1 death reported

Fiat Chrysler announced Friday it is recalling about 1.2 million Ram pickup trucks for a possible software problem causing airbags and seat belts to fail. The automaker said it had identified two crashes involving one death and two injuries that could be connected to the error. It also affects about 216,007 vehicles in Canada, 21,668 in Mexico and 21,530 outside the NAFTA region. Lire la suite »

Nebraska welcomes trade deal to feed China's taste for beef

The deal will also allow China easier access to the US banking system and let American energy companies export LNG to China , most of which it now buys from Russian Federation. He said a similar deal for coal exports to China wasn't likely, given the far shipping distances. The U.S. exported between $68.4 billion and $385 billion in digitally-enabled services in 2014, depending on how those services are measured, resulting in an up to $154 billion trade surplus in this area, according ... Lire la suite »

Prospect Capital Corporation Earnings Watch & Stock Update

Many analysts are providing their Estimated Earnings analysis for Prospect Capital Corporation and for the current quarter 6 analysts have projected that the stock could give an Average Earnings estimate of $0.24/share. The consensus rating is 2.7, suggesting the market has given up on the stock. Boston Private Wealth LLC increased its stake in shares of Prospect Capital by 3.9% in the third quarter. Lire la suite »

QUALCOMM, Inc. (QCOM) Stake Decreased by Smithbridge Asset Management Inc. DE

Currently QUALCOMM, Inc . (NASDAQ:QCOM)'s shares owned by insiders are 0.17%, whereas shares owned by institutional owners are 81.50%. Among 31 analysts covering Qualcomm Inc . A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. The stock was sold at an average price of $52.53, for a total transaction of $1,313,250.00. Lire la suite »

Fiat Chrysler recalls 1M pickups for faulty software


That could happen if the driver strikes on-road debris or driving off-road. The company said it is aware of one fatality and two injuries linked to the safety system failures. The defect impacts just over one million Ram pickup trucks manufactured between 2013 and 2016, said documents from the NHTSA. Meanwhile, owners of the models have been told they can avoid the problem by turning the vehicle off and then on again if a warning light is activated due to the error. Lire la suite »

Credit Suisse Downgrades Sun Life Financial (SLF), Celsion Has 1.22 Sentiment


The average twelve-month price target among brokerages that have issued a report on the stock in the a year ago is $48.00. A number of large investors have recently made changes to their positions in SLF. now owns 208,259 shares of the financial services provider's stock worth $7,596,000 after buying an additional 168,499 shares in the last quarter. Finally, Pegasus Partners Ltd. Lire la suite »

Has $460000 Stake in H & R Block Inc (HRB)

Management emphasized that the results implied that HRB had enjoyed market-share gains during the season given the IRS's reported decline of 0.3%. Oppenheimer Holdings Inc. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & global trademark and copyright law. Lire la suite »

Occidental shareholders override board in approving climate proposal


Sit Investment Associates Inc increased Occidental Petroleum Corp (OXY) stake by 11.5% reported in 2016Q4 SEC filing. Financial Architects Inc raised its position in Occidental Petroleum by 47.5% in the third quarter. COPYRIGHT VIOLATION WARNING: This story was first reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this article on another website, it was copied illegally and republished in violation of USA and worldwide copyright legislation. Lire la suite »

Nomura maintained Coach, Inc. (NYSE:COH) as 'Buy' With 45 PT


The company's stock had a trading volume of 2,513,952 shares. The firm's 50-day moving average price is $40.40 and its 200 day moving average price is $37.85. increased its stake in Coach by 20.3% in the third quarter. Several other equities analysts have also recently weighed in on the stock. Goldman Sachs Group Inc upgraded Coach from a "neutral" rating to a "buy" rating and lifted their price target for the company from $40.00 to $55.00 in a research report on Tuesday. Lire la suite »

Procter & Gamble Co (PG) Short Interest Update


Sabal Trust Communications has 3.5% invested in Procter & Gamble Co (NYSE:PG) for 380,231 shares. Diversified Trust Co now owns 20,866 shares of the company's stock valued at $1,873,000 after buying an additional 109 shares during the last quarter. Lire la suite »

LVMH boosts digital profile with multiple brands website (MC, AAPL, 1913, PP)


LVMH is launching a multi-brand e-commerce website inspired by its exclusive Parisian department store Le Bon Marché , as the world's biggest luxury goods group steps up the digital side of its business. Until now each LVMH brand has had its own separate digital strategy, with some brands such Fendi and Kenzo putting significant resources into this area while other brands, such as Celine , had no e-commerce website of their own. Lire la suite »

Comparing Price Charts: Public Service Enterprise Group Incorporated (PEG), Chevron Corporation (CVX)

In this case, shares are 10.85% higher from $39.28, the worst price in 52 weeks suffered on November 14, 2016, and are keeping their losses at 3.97% for the past six months. Shareholders of record on Friday, June 9th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 4.03%. The ex-dividend date is Wednesday, June 7th. Lire la suite »

Investors Catching Stocks SeaDrill Limited (SDRL)


The Return on Investment (ROI) ratio of SeaDrill Limited (SDRL ) is -0.1 percent. The average true range of the stock is observed at 0.08 and the relative strength index of the stock is recorded at 37.77. Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. The average numbers of shares are traded in a security per day, during the recent 3-month period. Lire la suite »

North Korea will seek the extradition of anyone involved in

Moon also sounded unhappy with Trump's strategy of aggressively pursuing cooperation on North Korea with Chinese President Xi Jinping, saying South Korea should "take the lead on matters in the Korean Peninsula" rather than "take the back seat and watch discussions between the US and China". Lire la suite »