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Fossil Inc.

August 24, 2011

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Investors jumped on the stock of Fossil Inc. after they saw a vote of confidence in the company by an insider. Fossil’s chief financial officer, Mike Kovar, bought 2,000 shares in the Texas-based maker of watches and jewelry, according to documents filed with regulators. The shares rallied 16 percent yesterday, representing the biggest gain in the Russell 1000 index.