Investment Management
* Bayerische Motoren Werke AG, the world’s largest premium automaker, saw its sales growth outpace those of Daimler AG’s Mercedes-Benz and Volkswagen AG’s Audi in China last month after BMW introduced a stretched version of its 3-series. * BMW-brand deliveries in China rose 39 percent to 32,194 units in July, the company said yesterday in […]
* On Aug 5 2013, we advised to Buy Michael Kors Aug $65 Call Options Between $5.30 & $5.50. Target: $7.00 * On 6 Aug 2013, Michael Kors Aug $65 Call Options Traded At $3.30 * On 9 Aug 2013, Michael Kors Aug $65 Call Options Surged To $7.10, Above Our $7.00 Target Price * […]
* Michael Kors Holdings Ltd., the luxury-goods company founded by the designer of the same name, rose in early trading after first-quarter profit topped analysts’ estimates amid surging North American sales. * The shares climbed 5.3 percent to $71.51 at 8:15 a.m. in New York and earlier advanced as high as $73. The Hong Kong- […]
* Kors 1Q EPS 61c, est. 49c. • 1Q rev. $640.9m, est. $571.6m • 1Q comp sales up 27.3% • Sees 2Q EPS 62c-64c, est. 64c • Sees 2Q rev. $695m-$705m, est. $698.6m • Sees yr EPS $2.67-$2.69, est. $2.57 • Sees yr rev. $2.8b-$2.9b, est. $2.85b * Number of Stores Opened In 1Q: 24 […]
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