Goldman Sachs Downgrades Ralph Lauren (RL) to Neutral
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Deutsche Bank Downgrades Ralph Lauren (RL) to Hold
February 5, 2015 7:08 AM ESTDeutsche Bank downgraded Ralph Lauren (NYSE: RL) from Buy to Hold with a price target of $136.00 (from $190.00).
Analyst Dave Weiner said, "Primarily, while we believe that the market is accommodative to some incremental FX pressures, what we didnt anticipate was that constant... More
Polo Ralph Lauren Corp. (RL) Raises Quarterly Dividend 11.1% to $0.50; 1.2% Yield
February 4, 2015 8:06 AM ESTPolo Ralph Lauren Corp. (NYSE: RL) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is an 11.1% increase from the prior dividend of $0.45.
The dividend will be payable on April 10, 2015, to stockholders of record on March 27, 2015, with an ex-dividend date of March... More
Polo Ralph Lauren Corp. (RL) Misses Q3 EPS by 9c; Raises Dividend 11%
February 4, 2015 8:05 AM ESTPolo Ralph Lauren Corp. (NYSE: RL) reported Q3 EPS of $2.41, $0.09 worse than the analyst estimate of $2.50. Revenue for the quarter came in at $2 billion versus the consensus estimate of $2.09 billion.
The Company also announced that its Board of Directors declared an 11% increase in the regular quarterly cash dividend on the Company's Common Stock. The new quarterly cash dividend is $0.50 per share. Over the next year, the new annual dividend amount will be $2.00 per share. The next quarterly dividend is payable on April 10, 2015 to shareholders of record at the close of business on March 27,... More
