Top News: Michael Kors Holdings Ltd (NYSE:KORS), Berkshire Hathaway (NYSE:BRK.A), 3M Co (NYSE:MMM), 3D Systems Corporation (NYSE:DDD), Koninklijke KPN N.V. (ADR) (OTCMKTS:KKPNY)

Posted by on Jun 19, 2014

Analysts at Credit Suisse assumed coverage on shares of Michael Kors Holdings (NASDAQ:KORS) in a research report issued to clients and investors on Tuesday, reports. The firm set an “outperform” rating and a $107.00 price target on the stock. Credit Suisse’s target price points to a potential upside of 12.19% from the stock’s previous close. Michael Kors Holdings Ltd (NYSE:KORS) net profit margin is 20.00% and weekly performance is -4.77%. On last trading day company shares ended up $90.82. Analysts mean target price for the company is $108.74. Michael Kors Holdings Ltd (NYSE:KORS) distance from 50-day simple moving average (SMA50) is -1.51%.

Irish health insurer VHI has signed a four-year contract with Berkshire Hathaway Inc. (NYSE:BRK.A) renewing a health reinsurance agreement signed a year ago, which was for 12 months’ duration. Berkshire Hathaway Inc. (NYSE:BRK.A) shares advanced 0.89% in last trading session and ended the day on $190,675.00. BRK-A gross Margin is 24.80% and its return on assets is 4.10%.Berkshire Hathaway Inc. (NYSE:BRK.A) quarterly performance is 3.71%.

3M Co (NYSE:MMM) will showcase a sleek touch concept table implementation, constructed by Ideum, which incorporates the 3M 55-inch Projected Capacitive prototype touchscreen. 3M Co (NYSE:MMM) shares moved up 0.45% in last trading session and was closed at $144.33, while trading in range of $142.77 – $144.39. 3M Co (NYSE:MMM) year to date (YTD) performance is 4.22%.

3D Systems Corporation (NYSE:DDD) EVP Charles W. Hull sold 7,500 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $50.41, for a total value of $378,075.00. Following the completion of the sale, the executive vice president now directly owns 136,500 shares of the company’s stock, valued at approximately $6,880,965. 3D Systems Corporation (NYSE:DDD) ended the last trading day at $53.70. Company weekly volatility is calculated as 3.90% and price to cash ratio as 19.25.3D Systems Corporation (NYSE:DDD) showed a positive weekly performance of 7.62%.


According to Reuters, Telefonica SA (TEF) is expected to win the European Union’s approval for its EUR 8.6 billion takeover bid for Koninklijke KPN N.V. (ADR) (OTCMKTS:KKPNY) German unit, E-Plus. On last trading day company shares ended up $3.80.

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