-
Elon Musk's Former McLaren F1 That He Once Crashed Wows At Goodwood Festival Of Speed
Saturday, July 15, 2023 - 1:51am | 543At the Goodwood Festival of Speed, car enthusiasts are buzzing as a legendary 1997 McLaren F1, once owned by Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, is up for display. What Happened: A photo shared on Twitter shows the iconic 1997 McLaren F1 parked on the festival grounds. This is the...
-
Cramer Weighs In On Ralph Lauren Stock Following Analyst Downgrade
Tuesday, December 14, 2021 - 1:07pm | 355Ralph Lauren Corp (NYSE: RL) is trading lower Tuesday after Goldman Sachs analyst Brooke Roach downgraded the stock from a Buy to a Sell rating and lowered the price target from $142 to $110. Despite the downgrade, "Ralph Lauren should not be sold," Jim Cramer...
-
The Past Week's Notable Insider Buys Included AppLovin, Cricut, Biotechs And More
Saturday, August 21, 2021 - 12:25pm | 976Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Some insiders were making return trips to the buy window last week. Insider buying was also happening in the wake of recent earnings reports. Conventional wisdom says that...
-
Earnings Roll On, With Today Featuring Applied Materials, Ralph Lauren, Kohl's
Thursday, May 20, 2021 - 10:14am | 2790Last week, Thursday featured a comeback after days in the red. Can it happen again? After a mostly unimpressive overnight session, the major indices started clawing back ahead of the open. It’s amazing how resilient this market remains. The question again is whether the 50-day moving average...
-
Calvin Klein Is Stronger Than The Street Thinks, UBS Says In Upgrade Of Parent Company PVH
Monday, January 7, 2019 - 4:17pm | 446The Calvin Klein brand is stronger for PVH Corp (NYSE: PVH) than the market thinks, according to UBS. The Analyst UBS analyst Jay Sole upgraded PVH from Neutral to Buy and raised the price target from $145 to $170. The Thesis The market views Calvin Klein’s 325...
-
Cowen: Ralph Lauren's Turnaround Starts To Pay Off In 2019
Thursday, March 22, 2018 - 4:13pm | 511Ralph Lauren Corp (NYSE: RL) shares have struggled for over three years, as the brand become relatively stale in a fashion market that is changing constantly. A turnaround story is nearing, according to Cowen. The Analyst Cowen analyst John Kernan upgraded Ralph Lauren from Market Perform...
-
Sell In May And Go Away? Doing So With These Stocks Was A Mistake
Friday, September 1, 2017 - 12:09pm | 378Investors who took the advice of the popular slogan "sell in May and go away" may now be wishing they can go back in time and hold on to their positions, especially those that belonged to a small handful of names that soared 50 percent since May, Bloomberg reported. The hottest S&P 500 stock...
-
Cramer Likes Ralph Lauren's 'Highly Respected' And 'Very Accomplished' New CEO
Thursday, May 18, 2017 - 7:43am | 391Ralph Lauren Corp (NYSE: RL)'s stock hit a new multi-year low of $71.51 on Wednesday and is now down nearly 20 percent since the start of 2017 — and perhaps even more concerning, down 55 percent over the past five years. The company on Thursday is projected to report quarterly earnings at...
-
The Reason Behind The Sudden Departure Of Ralph Lauren's CEO
Thursday, February 2, 2017 - 1:37pm | 381Shares of Ralph Lauren Corp (NYSE: RL) tumbled more than 11 percent to a new 52-week low of $77.15 on Thursday after the company reported its fiscal third-quarter results, which contained a surprise management move. Stefan Larsson will step down from his role as CEO of Ralph Lauren after holding...
-
Ralph Lauren's New CEO Wants To Change Every Aspect Of The Company
Tuesday, June 7, 2016 - 2:11pm | 350Based on its stock performance, Ralph Lauren Corp (NYSE: RL)'s business is in trouble. Shares have lost 15 percent since the start of 2016 and more than 30 percent over the past year. Ralph Lauren's stock was also under heavy selling pressure on Tuesday and hit an intra-day low of $86....
-
Ralph Lauren Separates Itself From Peers, Reports Better-Than-Expected Q4 Results
Thursday, May 12, 2016 - 10:17am | 306Retailers and nearly every company involved in the related sector have seen their stocks get punished this week following a poor string of earnings results. However, Ralph Lauren Corp (NYSE: RL) appears to be a standout following the release of its fourth-quarter results. Ralph Lauren reported...
-
Ralph Lauren: 'Year Of Transition' Sees Clothier Short On Revenue
Thursday, February 4, 2016 - 10:03am | 314Ralph Lauren Corp (NYSE: RL) reported a difficult year in a third-quarter earnings report Thursday morning. The company reported higher-than-expected earnings of $2.27 a share versus Street estimates of $2.13, but a revenue shortfall of $1.9 billion versus an expected $2.03 billion. The company...
-
Barron's Recap: The Volatility Lovers
Sunday, October 4, 2015 - 5:50pm | 839The cover story in this weekend's Barron's features three fund managers reveling in the market turmoil. This issue also includes the Barron's quarterly guide to mutual funds. The prospects for Tenet Healthcare, Boston Scientific, high-yield bonds, Tessera Technologies, 1-800-Flowers and more are...
-
Why Morgan Stanley Believes Ralph Lauren's New CEO Will Be 'Positive' For The Stock
Wednesday, September 30, 2015 - 7:57am | 317Shares of Ralph Lauren Corp (NYSE: RL) have declined over 44 percent year-to-date, from the high of $186.23 achieved on December 30, 2014. Morgan Stanley’s Jay Sole has maintained an Equal-weight rating on the company. Ralph Lauren has named Stefan Larsson as the new CEO, an...
-
5 Spinoffs 'Ripe' For Takeover
Tuesday, April 7, 2015 - 12:25pm | 618In a report issued by The Edge Consulting Group, analysts Jim Osman and Sanjiv Thakur look into five spinoff candidates they say are "ripe for takeover." ADT ADT Corp (NYSE: ADT) was spun off Tyco International plc (NYSE: TYC) about 30 months ago. Since then, it has built a leading...