- British retail and intellectual property group Frasers Group PLC (OTC:SDIPF) has increased its investment in Hugo Boss AG (OTC:BOSSY), the German luxury fashion brand, to €900 million.
- Frasers noted the increased position reflects its belief in the Hugo Boss brand, strategy, and management team.
- Fraser now holds 3.4 million shares of common stock, representing 4.9% of Hugo Boss’s total share capital, and 18.3 million shares of common stock through the sale of put options, representing 26.0% of Hugo Boss’s total share capital.
- Hugo Boss is a supplier to the group’s House of Fraser department store and Flannels chains.
Veracyte Q4 EPS $(0.15) Beats $(0.16) Estimate, Sales $67.34M Beat $61.78M Estimate
Veracyte (NASDAQ:VCYT) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.16) by 6.25 percent. This is a 7.14 percent decrease over losses of $(0.14) per share from the same
