MTN fell 18% on Friday after saying that HEPS (Headline Earnings Per Share) would decline by 20% versus consensus 13%. Swiss watch exports fell 8.1% in January, and HYT said they had not sold a single watch at an outlet in Paris since the attacks last year. They’re also seeing competition in the lower end watches from the Apple Watch.

 

Anthea Gardner – The Money Shot 22.02.16

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