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Piper Jaffray today downgraded Michael Kors stock to 'neutral.'
Tackle your New Year's resolutions of reading more and living better in one fell swoop.
The post-Trump rally came to an end this week, as the Dow missed its 20,000 milestone and stocks ended lower Friday, while finishing 2016 with big gains.
Kate Spade has a duty to shareholders to explore every option, but that does not mean the company has to sell, Springboard Growth Capital managing partner Kay Koplovitz said.
Stocks slumped for the second consecutive day as markets adjust to mixed economic data and the financial sector led the decline.
Stocks are volatile at midday Thursday and are turning mostly negative as markets adjust to mixed economic data and as the financial sector slumps.
Kate Spade is reportedly exploring a sale and here are three reasons why it should proceed with looking for a buyer.
Of course Kate Spade will be sold and others are likely to follow.
Stocks were mixed Thursday morning as markets adjusted to losses on Wednesday and investors received mixed economic data.
Life as wholesale brands know it is on the verge of being blown to pieces.
Despite flirting with the level for a while, the index may not hit that mark until next year. Let's look at how two individual stocks fared Wednesday instead.
Shares of the luxury fashion retailer surged Wednesday to two-year highs on a report that the company was actively seeking a buyer.
The Dow Jones index of blue-chip stocks climbed to within 19 points of the 20,000 milestone before sliding backward, while the Nasdaq dropped from a record opening of 5,499.
Stocks slump as markets close out Wednesday afternoon in negative territory.
The Dow Jones index of blue-chip stocks climbed to within 19 points of the 20,000 milestone on Wednesday before falling backward. The Nasdaq slid from a record opening of 5,499.
Kate Spade could use some help from the outside.
Kate Spade surged Wednesday amid reports the company is weighing a sale, according to Dow Jones.
Investors in Kate Spade & Co saw new options become available today, for the February 2017 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the KATE options chain for the new February 2017 contracts and identified one put and one call contract of particular interest.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Kate Spade & Co , where a total of 28,399 contracts have traded so far, representing approximately 2.8 million underlying shares. That amounts to about 71.2% of KATE's average daily trading volume over the past month of 4.0 million shares.
Makers of luxury handbags are offering significant discounts ahead of Black Friday.
President-elect Donald Trump vowed to repeal the Trans-Pacific Partnership and overhaul the United States' relationship with trade partners like China and Mexico.
As the holiday shopping season gets under way, some retailers are emerging as standout winners.
Caerus Investors urged Kate Spade to seek a sale, sending the stock higher.
The Dow eked out slim gains to score a new record, though trading was shaky as a Trump-fueled rally lost steam.
The most recent short interest data has been released for the 10/31/2016 settlement date, which shows a 964,117 share decrease in total short interest for Kate Spade & Co , to 7,591,451, a decrease of 11.27% since 10/14/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Kate Spade (KATE) on Wednesday morning reported third-quarter earnings and revenue that surpassed analysts' estimates, but comparable-store sales missed forecasts.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kate Spade & Co , where a total volume of 9,265 contracts has been traded thus far today, a contract volume which is representative of approximately 926,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.8% of KATE's average daily trading volume over the past month, of 1.9 million shares.
The Federal Reserve will again convene in the coming week to discuss monetary policy, but investors will instead focus on what it may mean for a rate hike in December.
Shares of the luxury-fashion retailer continued to fall out of vogue on Wednesday.
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