Fossil Group (NASDAQ:FOSL) reported quarterly losses of $(0.33) per share. This is a 571.43 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $371.00 million which missed the analyst consensus estimate of $435.50 million by 14.81 percent. This is a 9.71 percent decrease over sales of $410.90 million the same period last year.
Morgan Stanley Initiates Coverage On Iridium Communications with Overweight Rating, Announces Price Target of $50
Morgan Stanley analyst Landon Park initiates coverage on Iridium Communications (NASDAQ:IRDM) with a Overweight rating and announces Price Target of $50.