Movado Group posts Q4 EPS above the Street, guides above consensus for '09
Watch and jewelry maker Movado Group, Inc. (NYSE: MOV) reported fourth-quarter earnings above the consensus on Wall Street and guided for fiscal 2009 results to be inline to higher than analysts were forecasting. The favorable earnings and guidance sent shares up 20.14%, or $3.83, to $22.65 at 1:43 p.m. ET.
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