Coach (COH) Moves Forward on Profits

Shares of Coach Inc. (NYSE: COH) shares gained 3% to $31.34. The company jumped 5.1% ahead of the bell after the luxury accessories maker reported better-than-expected profit and sales for its fiscal fourth quarter but offered a cautious outlook for the coming year. Share volume was 1.1 million, compared to an all-day average of 926,000