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Fossil Group Inc

2014-09-16 23:14:55| Jewelry - Topix.net

According to a new filing with the Securities and Exchange Commission, Larry Robbins ' Glenview Capital has raised its stake in Fossil Group Inc amid the company entering into a partnership with Intel Corporation . Glenview reported holding around 3.26 million shares of the company, up from 2.67 million the fund reported in its latest 13F filing for the second quarter.

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Glenview's Larry Robbins Adds to Stake in Watchmaker Fossil

2014-09-16 06:59:10| Jewelry - Topix.net

Glenview Capital Management's Larry Robbins , the top-performing hedge fund manager last year, reported on Monday adding shares to his stake in Fossil Group Inc. , according to GuruFocus Real Time Picks . Robbins purchased 582,100 shares of the company, increasing his total holding to 3,255,738 shares.

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Why Fossil (FOSL) Stock Is Falling Today

2014-09-10 02:29:28| Jewelry - Topix.net

CEO Nick Hayek said the smartwatches are an opportunity and not a threat. That statement was in response to Apple design head Joney Ive's comment that the iWatch would be "trouble" for traditional watchmakers in Europe, MarketWatch reports.

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Why Fossil Bears Will Be Proven Wrong

2014-09-09 16:11:16| Jewelry - Topix.net

Future growth is likely thanks to Fossil's partnership with Google for Android Wear, which will mean Fossil will not be left high and dry. Fossil Group isn't getting much credit from investors.

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Apple, Fossil, Best Buy: Mammoth Citi Note Sees $30B Wearables Market

2014-09-09 07:44:51| Jewelry - Topix.net

Citigroup analysts today penned a long think-piece on wearable technology, clocking in at 53 pages, the first chapter in what they are billing as a series of reports, in which they take an extremely bullish view, arguing that wearables are not only not a fad, but that in fact, as a tech rather, "It's Forever." The analysts - Oliver Chen , Nancy Hilliker , Jim Suva , Jeremy David , Walter Pritchard , Mark May , Thomas Chauvet , Henry Kim , Kota Ezawa , Kate McShane , and Gregory Badishkanian -see smartwatches alone being worth $10 billion at some point, and ultimately "a wearables market including sport fitness bands, watches, and apparel could be $30bn."

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