The $24 billion resale market for luxury items is emerging as a major threat to the earnings of luxury retailer Tapestry, owner of the Coach brand.
Saks owner Hudson's Bay and Authentic Brands offer a competing bid for bankrupt Barneys, The Wall Street Journal reports.
Amazon Web Services remains a huge bright spot for the stock, analysts say.
Let's review the charts for some parameters.
Twilio gains after RBC Capital Markets initiates coverage with an outperform rating and a $135 one-year price target on what it sees as 'one of the most durable growth stories in software.'
Income investors should be particularly interested in Kontoor Brands, which was recently spun off from apparel giant V.F. Corporation, and offers a first quarterly dividend at a rate of 56 cents per share.
Uber Technologies shares were gaining Friday after the ride-share company said it planned to buy a majority stake in Latin American grocery-delivery company Cornershop.
A team led by analyst Christopher Mandeville cut its price target on the Cincinnati chain to $26 from $29. They see nothing that will significantly drive growth in fiscal 2020.
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