Holiday-season splurging on handbags has given Coach, Inc. (NYSE:COH) and Kate Spade & Co new impetus to cut back on promotions, confident that Americans are more willing to splash out on luxury. Coach, said sales in North America were 24 percent greater than in the preceding quarter. Handbags account for more than half of these sales. On Friday shares of Coach, Inc. (NYSE:COH) closed at $37.19. Company’s sales growth for last 5 years was 8.30% and EPS growth for next 5 years is recorded as 4.02%.
ICICI Bank Ltd. (NYSE:IBN) reported a 14 per cent YoY growth in net profit to Rs 2889 crore for the quarter ended December 31, which was below ET Now estimates of Rs 2,929 crore. ICICI Bank Ltd. (NYSE:IBN) in last trading activity decreased -5.28% to close at $12.01. Company weekly performance is -5.43% while its quarterly performance stands at 9.18%. ICICI Bank Ltd. (NYSE:IBN) is -9.29% away from its 52 week high.
On Jan 23, Lumos Networks Corp. (NASDAQ:LMOS), announced the opening of a new Lumos-owned Point of Presence (“PoP”) in Washington, Pa., located approximately 25 miles south of the Pittsburgh Central Business District (“CBD”). On last trading day Lumos Networks Corp. (NASDAQ:LMOS) decreased -4.30% to close at $16.03. Its volatility for the week is 4.40% while volatility for the month is 3.66%. LMOS’s sales growth for past 5 years was 10.00% and its EPS growth for past 5 years was -5.80%. Lumos Networks Corp. (NASDAQ:LMOS) monthly performance is -4.18%.
Student Transportation, Inc. (NASDAQ:STB) begin trading ex-dividend on January 28, 2015. A cash dividend payment of $0.04636833 per share is scheduled to be paid on February 16, 2015. Shareholders who purchased STB stock prior to the ex-dividend date are eligible for the cash dividend payment. Student Transportation, Inc. (NASDAQ:STB) has 9.98% insider ownership while its institutional ownership stands at 21.00%. In last trading activity company’s stock closed at $5.54.
Paccar Inc. (NASDAQ:PCAR) reported that its net income for the fourth quarter of 2014 rose to $394.3 million or $1.11 per share, from $334.2 million or $0.94 per share in the fourth quarter of 2013. Analysts polled by Thomson Reuters expected the company to report earnings of $1.09 per share for the quarter. Analysts’ estimates typically exclude special items. On Friday shares of PACCAR Inc. (NASDAQ:PCAR) closed at $60.11. Company’s sales growth for last 5 years was 2.70% and EPS growth for next 5 years is recorded as 12.30%.