Weekend Nov 15, 2014

Here is an article on Hertz, Movado, and HAL and Baker Hughes BHI.

Movado slashed its outlook for Q3, Q4, and 2015. Their brand is not selling well. 

MOV

Screenshot 2014-11-15 10.30.14

The stock fell 360% fRiday this is is a weekly chart for perspective. 

FOSL

Screenshot 2014-11-15 10.32.42

Fossil makes their own as well as m. Kors, Armani, and Burberry, and has recorded the opposite result. 

This is an example of why accountants need to understand the business as well as the accounting. 

 

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