Not content with the gadget's array of strap options, the designer created his own ''Apple Pocket Watch".
Designer Tom Ford has found a dapper way to wear the Apple Watch.
The timepiece, first seen at his London Collections: Men presentation last week, has a loop on the top side of the face, to which a silver chain is clipped.
But as stylish as the riff on the watch may seem, it renders the device's heart rate sensor useless as it needs skin-to-watch contact to work. The Apple Pay service is also disabled, and keeping the watch in a pocket will automatically lock it.
Apple will be pleased; the company was hoping to infiltrate the fashion market with the watch - even inviting members of the fashion press to view it first last year.
Ford is also the man behind James Bond, or at least his suits - he created the suits for Daniel Craig in Skyfall and will do the same for the upcoming Spectre.
Other celebrities to have taken to the timepiece include model Christy Turlington, Anna Wintour and Katy Perry.
Sentiment: Strong Buy
"Analyst Reni Benjamin reiterated a Buy recommendation on DARA Biosciences Inc, with a $2.00 price target, after the company reported first-quarter results, posting a net loss of $3.2 million, or ($0.16) per share versus Benjamin’s estimate of $2.2 million, or ($0.12), respectively. The analyst noted, “DARA Biosciences’ core franchise is comprised of niche-marketed therapeutics encompassing cancer supportive care. With a modest revenue generating pipeline, the potential to move KRN5500 in to the clinic, and a cash position of $9.8 MM, sufficient to fund operations until 1Q16, we believe DARA shares could appreciate for the patient, long-term investor.” Furthermore, “Although the company has provided guidance of $3.7 MM in revenues for non-Oravig therapeutics, we are maintaining our estimates until additional clarity and second quarter financials are reported.”"
"JP Morgan Chase & Co. reiterated their overweight rating on shares of Level 3 Communications (NYSE:LVLT) in a research report released on Thursday morning. JP Morgan Chase & Co. currently has a $65.00 price objective on the stock, up from their previous price objective of $60.00."
Level 3 Communications (NYSE:LVLT) had its price objective raised by Jefferies Group from $60.00 to $68.00 in a research report released on Thursday morning. Jefferies Group currently has a buy rating on the stock.
Separately, analysts at Canaccord Genuity raised their price target on shares of Level 3 Communications from $63.00 to $65.00 and gave the company a buy rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $57.86.
Cree reported earnings of 22 cents a share for the fiscal third quarter, below analysts' estimates of 23 cents a share. Revenue grew 1.1% year over year to $409.5 million for the fiscal third quarter, above analysts' estimates of $405.77 million.
Looking to the fiscal fourth quarter Cree said it expects to report earnings in the range of 24 cents to 28 cents a share and revenue of $420 million to $440 million. Analysts expect the company to report earnings of 29 cents a share and revenue of $434.37 million for the fiscal fourth quarter.
Sounds like they need to get that inventory out there, Ebay, Target, Amazon, wherever...
Earnings only missed by a penny, and revenue was above estimate.
"Benzinga's M&A Chatter for Monday April 6, 2015
April 06, 2015 5:45pm
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday April 6, 2015:
Hearing Renewed Takeover Chatter in Cree
Shares of Cree
, rose Monday on renewed unconfirmed market chatter of a potential offer for
the LED lighting company. General Electric
has been mentioned as a potential buyer on several occasions.
A Cree spokesperson did not respond to a request for comment.
Cree gained more than 1% Monday, closing at $34.49."