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Fossil acquires Misfit to bring connectivity to more fashionable accessories
2015-11-12 23:47:39| Jewelry - Topix.net
Today, Fossil Group announced that it has entered a $260 million "definitive agreement" to acquire Misfit, the company that created the popular and versatile line of Misfit fitness trackers. The announcement comes not long after Fossil released its own line of Q trackers , which monitor daily activity and deliver filtered smartphone notifications to your wrist.
Tags: accessories
bring
connectivity
fossil
Fossil shares tumble on gloomy outlook
2015-11-12 23:47:38| Jewelry - Topix.net
The company also announced it has agreed to acquire wearable tech company Misfit for $260 million. The luxury watch maker said it had net income of $57.5 million, or $1.19 a share, in the third quarter, compared with $103.7 million, or $1.96 a share, in the year-earlier period.
Tags: shares
outlook
fossil
tumble
G20 nations spend $452 bn a year supporting fossil fuels: study
2015-11-12 15:47:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: The G20 group of major economies spend $452 billion per year supporting fossil fuel industries, despite their primary role in causing climate change, according to a study released on Thursday. The report, which comes ahead of a crunch UN meeting in Paris to try to forge a global deal to avoid disastrous levels of climate change in December, accused governments of undermining their own climate change policies. "G20 governments are handing out approximately $452 billion a year to prop up the production...
Tags: year
study
spend
supporting
Worlds Biggest Economies Still Backing Fossil Fuels
2015-11-12 14:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate News Network: The governments of the worlds major industrialized countries, the G20 group, are providing more than US$450 billion a year to support the production of fossil fuels. That is almost four times the entire worlds subsidies to the rapidly growing renewable energy sector, as the International Energy Agency (IEA) estimates total global renewables subsidies in 2013 at $121bn. The G20 group agreed in 2009 to phase out fossil fuel subsidies in the medium term, a pledge that was repeated at its 2014...
Tags: biggest
worlds
backing
economies
Fossil Group Earns Underweight Rating from Piper Jaffray
2015-11-12 05:06:57| Jewelry - Topix.net
's stock had its "underweight" rating restated by investment analysts at Piper Jaffray in a report released on Wednesday, Analyst Ratings Net reports. They presently have a $46.00 price objective on the stock.
Tags: group
rating
fossil
piper
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