A Few Names on my Radar on This Softness

Momentum has slowed for the second day in a row, but the tendency has been some late buying that produces a strong close. With overseas markets operating on Monday when the U.S. is closed, there may be a little reluctance to add new inventory.

The Luxottica Essilor Mega-Merger: Company Overviews

In this segment of Industry Focus: Consumer Goods , Motley Fool analyst Vincent Shen provides some key background onfashion frames retailer Luxottica Group as the two companies seek to combine their businesses in a $50 billion deal. Learn more about their respective revenues, market share, product offerings, and positions within the industry.

ResMed: Cramer’s Top Takeaways

Jim Cramer takes a closer look at ResMed and its future as a medical-device maker focusing on sleep apnea and COPD. Did you miss last night’s “Mad Money” on CNBC ? If so, here are some of Jim Cramer’s top takeaways.

Luxottica to join with Essilor in $70B merger of two eyewear giants

A global eyewear colossus worth almost $70 billion Canadian is set to be created as Italy’s Luxottica – owner of Ray-Ban and Oakley glasses – merges with France’s Essilor, owner of Crizal, Transitions, Clearly Contacts and other brands. Essilor said it had reached an agreement with Luxottica’s owners for an all-share deal to combine the two lens companies.

Luxottica and Essilor Create Eyewear Giant in $49B Deal

Italy’s Luxottica and France’s Essilor have agreed a 46 billion euro merger to create a global powerhouse in the eyewear industry with annual revenue of more than 15 billion euros, they said in a statement on Monday. The deal, one of Europe’s largest cross-border tie-ups, brings together Luxottica, the world’s top spectacles maker with brands such as Oakley and Ray-Ban, with Essilor, the world’s leading manufacturer of ophthalmic lenses.

Tiffany Gains as Wells Fargo Sees Improved Luxury Good Demand

Tiffany stock rose 1.70% to $81.92 in Friday’s trading session after Wells Fargo upgraded shares to “market perform” from “underperform” on signs of improving demand for luxury goods. The firm pointed to Richemont’s better-than-expected third-quarter sales , noting that the global luxury retail market appears to have bottomed in the first half of 2016.

Tiffany Shares Surged Alongside Luxury Retailers on Richemont’s 3Q Sales

Earlier today, the Swiss jeweler and watchmaker said revenue rose 5% in constant currency to 3.09 billion euros for the three months ended December 31. Jewelry revenue was up 8% to 1.75 billion euros for the period, topping estimates for a 1.2% gain. “The cross-read of these results will probably benefit the other luxury names, in particular Swatch,” Bernstein analysts wrote today, according to the Wall Street Journal .

Daily Dividend Report: ENB, PBA, CNP, COG, COO, SKT

Enbridge declared a quarterly dividend of $0.583 per common share, payable on March 1, 2017 to shareholders of record on February 15, 2017. The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-second consecutive year in which the Company has increased its common share dividend.