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  • 08/08/2017 14:36:05

    Fossil shares tank on sizeable loss, departure of CFO

    Shares of Fossil Group Inc. cratered in Tuesday's extended session after the fashion accessory company posted a sizeable loss on the back of a steep drop in stock price. It also announced the departure of its finance chief. Fossil reported it swung to a second-quarter loss of $344.7 million, or $7.11 a share, from a profit of $6 million, or 12 cents a share, a year earlier. Excluding intangible asset impairment charges of $6.50, Fossil would have lost 61 cents a share. The charge was a result of "sustained compression of the company's market capitalization that occurred throughout most of the latter part of the second quarter of fiscal 2017," according to the company. Fossil shares have plummeted 54% year to date. Revenue fell to $596.8 million from $685.4 million. Analysts surveyed by FactSet had projected a loss of 33 cents a share on revenue of $618 million. The company projected sales to drop 8.5% to 4.5% and loss per share of $7.42 to $6.62 in the third quarter. Separately, Fossil said Chief Financial Officer Dennis Secor has resigned and will be replaced by Jeffrey Boyer. Shares skidded 23% after hours. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/07/2017 14:18:16

    BRIEF-MISTRAS Group Inc - Dennis Bertolotti appointed as President and CEO

    * Mistras Group Inc - ‍board of directors appointed Dennis Bertolotti as its President and Chief Executive Officer​

  • 08/01/2017 09:00:43

    Amazon poaches ATP tennis rights in UK from Sky-report

    LONDON, Aug 1 (Reuters) - Amazon.com Inc has made it first move into major sports rights outside the United States by outbidding Sky for the exclusive UK rights to tennis's ATP World Tour, the Guardian said on Tuesday.

  • 08/01/2017 04:54:14

    Serena Williams rallies black women for equal pay

    Top tennis star Serena Williams has called on black women to step up their demands for equal pay.

  • 07/21/2017 12:38:39

    San Francisco seeks court order to force Uber, Lyft to disclose records

    San Francisco City Attorney Dennis Herrera said Friday his office is seeking a court order to force ride-hailing companies Lyft and Uber to comply with the office's subpoenas, filed in June, that seek records on the companies' driving practices, disability access, and services in the city. Petitions in the San Francisco Superior Court "are aimed at ensuring Uber and Lyft's estimated 45,000 drivers in San Francisco do not create a public nuisance," according to a statement. The companies were given "multiple opportunities" to comply with subpoenas but haven't done so. Lyft wanted "unreasonable provisions" to comply and Uber objected to the subpoenas and refused to produce documents or data, according to the statement. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/20/2017 11:11:39

    UAW chief: U.S. Nissan workers would vote for union right now

    DETROIT (Reuters) - The president of the United Auto Workers said on Thursday he feels "very strongly" that workers at Nissan Motor Co Ltd's plant in Canton, Mississippi, would support union representation if they voted now, but added that reports of intimidation by the automaker could change that. "A campaign can change from day to day and this will depend on employees at the plant," UAW President Dennis Williams said at a news conference in Detroit.

  • 07/20/2017 09:52:20

    UAW head believes U.S. Nissan workers would vote for union now

    DETROIT (Reuters) - United Auto Workers president Dennis Williams said on Thursday he feels "very strongly" that if Nissan Motor Co Ltd workers at the automaker's plant in Canton, Mississippi voted now, they would vote in favor of union representation.

  • 07/13/2017 09:32:27

    Venus books ticket to first Wimbledon finals since 2009

    Venus Williams defeated Britain's Johanna Konta in straight sets on Thursday to advance to her first Wimbledon final since 2009. The 37-year old tennis player won her semifinal match 6-4, 6-2. She's slated to face Spanish star Garbine Muguruza in the women's championship match to be played on Saturday at 9 a.m. Eastern Time. Williams boasts seven grand slam titles, including five Wimbledon titles and two U.S. Open championships. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/13/2017 09:21:08

    Venus Williams beats Konta to book her ticket to first Wimbledon finals since 2009

    Venus Williams defeated Britain's Johanna Konta in straight sets on Thursday to advance to her first Wimbledon final since 2009. The 37-year old tennis player won her semifinal match 6-4, 6-2. She's slated to face Spanish star Garbine Muguruza in the women's championship match to be played on Saturday at 9 a.m. Eastern Time. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/11/2017 19:03:38

    BRIEF-Dennis Higgs acquires common shares of Nevada Exploration Inc

    * Dennis Higgs acquires common shares of nevada exploration inc.

  • 07/02/2017 17:19:36

    Something to shout about

    Wimbledon looks to technology to reach new tennis fans.

  • 06/07/2017 22:56:06

    Kellogg takes Australian tennis player to court over 'Special K' nickname

    SYDNEY, June 8 (Reuters) - Kellogg Co faced off with Australian tennis player Thanasi Kokkinakis in court on Thursday, with the cereal giant accusing the sportsman nicknamed "Special K" of using its intellectual property for commercial purposes.

  • 06/05/2017 12:26:26

    San Francisco City Attorney looks into Lyft, Uber practices

    San Francisco City Attorney Dennis Herrera on Monday issued subpoenas to ride-hailing companies Lyft and Uber, seeking four years of records on driving practices, disability access, and services in the city. The City Attorney also made a simultaneous request for public records from the California Public Utilities Commission for the information, according to a statement. "The City Attorney aims to ensure that the two companies' estimated 45,000 vehicles in San Francisco comply with local and state laws, including ensuring equality of access, and do not jeopardize public safety or create a public nuisance," the statement said. The request for records includes information that the office called "incentives" for drivers to come from as far away as Fresno, nearly 200 miles southeast of the Bay Area, and Los Angeles, to drive in San Francisco. "No one disputes the convenience of the ride-hailing industry, but that convenience evaporates when you're stuck in traffic behind a double-parked Uber or Lyft, or when you can't get a ride because the vehicle isn't accessible to someone with a disability or because the algorithm disfavors the neighborhood where you live," Herrera said in the statement. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 05/29/2017 22:21:18

    China table tennis champion sued over casino debts

    China's ex-table tennis world champion Kong Linghui allegedly owes Singapore casino about $330,000

  • 05/29/2017 09:31:13

    Chinese table tennis gold medallist sued over Singapore gambling debt

    HONG KONG, May 29 (Reuters) - Kong Linghui, one of China's best-known table tennis players and now head coach of the country's national women's team, is facing a HK$2.55 million ($327,000) lawsuit over a gambling debt to a luxury hotel in Singapore, according to a Hong Kong court writ.

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