News: Coach Inc (COH.N)

COH.N on New York Stock Exchange

36.78USD
28 Aug 2014
Price Change (% chg)

$-0.40 (-1.08%)
Prev Close
$37.18
Open
$36.85
Day's High
$36.93
Day's Low
$36.26
Volume
916,818
Avg. Vol
1,493,878
52-wk High
$57.95
52-wk Low
$33.39

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Tue, Aug 5 2014

UPDATE 2-Coach beats estimates on higher international sales

* Shares rise nearly 6 pct (Adds details from conference call; updates shares)

BUZZ-U.S. Stocks on the Move-Coach, Corinthian, Curis, Integrys

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s)

US STOCKS-S&P 500 ends at a record as Fed optimism lingers

* Dow up 0.1 pct; S&P 500 up 0.1 pct; Nasdaq down 0.1 pct (Updates to close)

UPDATE 2-Coach to close 70 stores in North America as sales fall

* Says revenue to decline in low double digits next fiscal year

US STOCKS-Wall St dips after 4-day rally, retailers weigh

* Dow down 0.2, S&P down 0.2 pct, Nasdaq down 0.5 pct (Updates to afternoon, changes byline)

Coach says to close 70 underperforming stores

June 19 - Upscale retailer Coach Inc said it would close 70 underperforming stores and that it expected revenue to fall in low double digits in percentage terms for the year ending June 2015.

Michael Kors warns of margin pressure as it expands in Europe

- 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. | Video

UPDATE 3-Michael Kors warns of margin pressure as it expands in Europe

* Sees first-qtr revenue $840-$850 mln vs est. $826.1 mln

US STOCKS-Wall St ends up on earnings, rebound in high-growth shares

* Indexes up: Dow 0.5 pct, S&P 0.5 pct, Nasdaq 0.7 pct (Updates with eBay down after the bell)

US STOCKS-Wall St ends up on earnings, rebound in high-growth shares

* Indexes up: Dow 0.5 pct, S&P 0.5 pct, Nasdaq 0.7 pct (Updates to close)

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