Coach Tumbles as North American Sales Miss the Mark
July 31 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that Coach Inc., the largest U.S. luxury handbag maker, tumbled in early trading after reporting fiscal fourth-quarter revenue that trailed analysts’ estimates amid slowing North American sales growth. She speaks on Bloomberg Television's "In The Loop."
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Fed Beige Book Shows U.S. Economy Growing Modestly
39:35 - The economy grew at a modest to moderate pace across the U.S., further tightening the labor market but without significant acceleration in wages or inflation, a Federal Reserve survey showed. Bloomberg's Jeanna Smialek breaks down the central bank’s Beige Book economic report, based on information collected by regional Fed banks from early January through Feb. 17. (Source: Bloomberg)