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Apple Watch Launch Weighs On Fossil, Garmin

2015-02-20 03:52:28| Jewelry - Topix.net

Both companies took a hit this week after reporting disappointing fourth-quarter results, and analysts started speculating on the impact of "While notable newcomers can help grow the market by bringing new customers into the category, they might also cause some near-term disruption," Chief Financial Officer Dennis Secor said. In the December quarter, Richardson, Texas-based Fossil earned $2.92 a share excluding items on sales of $1.06 billion.

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Analyst Downgrades: Yandex N.V., United States Steel Corporation, and Fossil Group, Inc.

2015-02-19 00:59:34| Jewelry - Topix.net

Longer term, YNDX has been a technical laggard, shedding roughly half its value over the past 52 weeks. In spite of this, options traders have shown a preference for long calls over puts in recent months.

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Boston Scientific and Fossil are big market movers

2015-02-18 23:58:39| Biotech - Topix.net

The medical device maker will pay $600 million as part of a settlement with Johnson & Johnson over the 2006 purchase of Guidant Corp. The watch and accessories maker reported worse-than-expected fourth-quarter results and provided a weak outlook for the current quarter. The airline reported better-than-expected fourth-quarter profit and revenue on a mix of lower costs and increased traffic.

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Analyst Downgrades: Yandex N.V., United States Steel Corporation, and Fossil Group, Inc.

2015-02-18 19:15:13| Steel - Topix.net

Longer term, YNDX has been a technical laggard, shedding roughly half its value over the past 52 weeks. In spite of this, options traders have shown a preference for long calls over puts in recent months.

Tags: inc group united states

 

Fossil Group (FOSL) Stock Tanks in After-Hours Trading Following Earnings Miss

2015-02-17 23:39:25| Jewelry - Topix.net

The company reported a year over year 12% increase in diluted EPS to $3 per share on net sales of $1.06 billion. Analysts on average were expecting the company to report earnings of $3.07 per diluted share on revenue of $1.1 billion.

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