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On May 31, 2016, $KORS acquired 100% of the stock of Michael Kors (HK) Ltd. and its subsidiaries, its licensees in the Greater China Region. The acquisition was funded by a cash payment of $500MM. Company will consolidate the acquired businesses into its operations beginning June 2016.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.