While you were sleeping Coach, IBM fall short

Wed, 22 Jan 2014

By Margreet Dietz Jan. 23 (BusinessDesk) – Wall Street was mixed as disappointing results from companies including IBM and Coach left investors uneasy about stock valuations. "It will be easier to unnerve a market with less earnings confidence, and you are seeing companies like IBM and Coach that have come out and leave the investor looking for something substantial to bite into," Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New Jersey, told Reuters. In afternoon trading in New York, the Dow Jones Industrial Average f...

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