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Reuters - 3 dagen geleden

Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu

Reuters - 4 dagen geleden

Barclays Bank, Ferrari, Volkswagen

EUROPE RESEARCH ROUNDUP-Barclays Bank, Ferrari, Volkswagen Sept 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays Bank, Ferrari and Volkswagen on Monday. HIGHLIGHTS * Barclays Bank BARC.L : Morgan Stanley raises target price to 300p from 290p * Ferrari RACE.MI : Citigroup raises target price to EUR 360 from EUR 334 * Mercedes-Benz Group AG MBGn.DE : Citigroup cuts target price to EUR 60 from EUR 65 * Shell Plc SHEL.L : HSB

Reuters - 4 dagen geleden

Barclays says China looks 'weaker for longer', cuts Kering, Burberry

BUZZ-Barclays says China looks 'weaker for longer', cuts Kering, Burberry ** Barclays says China looks "weaker for longer" on structural issues and cuts estimates and PTs across its coverage, while downgrading Gucci owner Kering PRTP.PA and Burberry BRBY.L ** "The sentiment on the ground was much more cautious than 6 months ago, as there is now a c

Reuters - 1 week geleden

Europe's luxury stocks drop on China concerns

UPDATE 1-Europe's luxury stocks drop on China concerns Adds more details in paragraphs 9 and 10 MILAN/PARIS, Sept 5 (Reuters) - Shares in some big European luxury goods companies fell sharply on Thursday, with traders citing growing concerns over slowing demand in the key Chinese market following the latest signs of a weakening in the world's No. 2 economy.

Reuters - 1 week geleden

Europe's luxury stocks drop on China concerns

Europe's luxury stocks drop on China concerns MILAN, Sept 5 (Reuters) - Shares in some big European luxury goods companies fell sharply on Thursday, with traders citing growing concerns over slowing demand in the key growth Chinese market following latest signs of a weakning in the world's No.2 economy. By 1225 GMT, a gauge of top ten European luxury stocks .STXLUXP fell more than 3%, approaching the low hit during a early August market rout.

Reuters - 1 week geleden

European shares slip on growth jitters; French stocks lead decline

UPDATE 2-European shares slip on growth jitters; French stocks lead decline Michel Barnier named French prime minister Part of Airbus A350 fleet faces inspection, regulator says China growth concerns weigh on luxury stocks Vistry rises on buyback, higher HY profit STOXX 600 down 0.5% Updated at 1620 GMT By Shubham Batra and Lisa Pauline Mattackal Sept 5 (Reuters) - European stocks fell on Thursday as mixed economic data spurred worries about global growth and offset gains in interest rate-sensit

Reuters - 2 maanden geleden

European shares end higher as earnings barrage impresses

UPDATE 2-European shares end higher as earnings barrage impresses For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Capgemini falls after forecasting annual revenue drop Hermes gains after beating Q2 sales expectations STOXX 600 closes up 0.8%, marks mild weekly gains Updated at 1600 GMT By Shashwat Chauhan and Pranav Kashyap July 26 (Reuters) - European shares closed higher on Friday, boosted by an earnings-driven advance across several s

Reuters - 2 maanden geleden

Earnings help European indexes

LIVE MARKETS-Earnings help European indexes Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . EARNINGS HELP EUROPEAN INDEXES Better-than-expected company results are helping European indices find their footing on Friday having taken a bruising in this week's global stocks sell-off, with even the embattled luxury sector catching a break.

Reuters - 2 maanden geleden

Hermes goes against the tide with slight Q2 sales beat, shares rise

BUZZ-Hermes goes against the tide with slight Q2 sales beat, shares rise ** Shares in Hermes HRMS.PA inch up 2.9%, breaking with the recent luxury sell-off trend, after the Birkin bag maker slightly beat Q2 sales expectations ** Hermes reports Q2 sales rising 13% to 3.70 bln euros ($4.01 bln) vs 12% growth seen in consensus cited by Barclays ** "For us, the main positives were the strength of Europe excl.

Reuters - 2 maanden geleden

Busy busy

LIVE MARKETS-Busy busy Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . BUSY BUSY U.S. PCE inflation data has snuck up on investors a bit this week - they've had plenty else to think about - and that should drive the daily picture for markets from early afternoon in Europe.

Reuters - 2 maanden geleden

French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 26 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. CAPGEMINI CAPP.PA : French IT consulting group Capgemini said on Friday it now expects its annual revenue to fall compared with the earlier expectation of at least maintaining stable growth, citing weakness in the North American market.

Reuters - 2 maanden geleden

Birkin handbag maker Hermes outshines rivals with big sales jump

UPDATE 3-Birkin handbag maker Hermes outshines rivals with big sales jump Adds comment on change in Chinese tastes in paragraphs 14-15, details on U.S. sales in paragraph 16 By Mimosa Spencer PARIS, July 25 (Reuters) - Birkin-bag maker Hermes HRMS.PA reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even as less affluent consumers pull back.

Reuters - 2 maanden geleden

Hermes 2Q sales rise 13% on continued appetite for high-end luxury

Hermes 2Q sales rise 13% on continued appetite for high-end luxury PARIS, July 25 (Reuters) - Birkin-bag maker Hermes HRMS.PA reported a 13% rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even as less affluent consumers pull back. Sales at the French luxury group grew to 3.7 billion euros ($4.02 billion), a 13% organic sales rise that strips out currency fluctuations .

Reuters - 2 maanden geleden

Stock rout spreads beyond tech

LIVE MARKETS-Stock rout spreads beyond tech Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOCK ROUT SPREADS BEYOND TECH The global equity sell-off looks set to extend into Europe on Thursday although the region may be spared the carnage in parts of Asia, where Japan's Nikkei .N225 tumbled as much as 3% and Hong Kong's Hang Seng .HSI slumped close to 2%.

Reuters - 2 maanden geleden

Stock rout spreads beyond tech

REFILE-MORNING BID EUROPE-Stock rout spreads beyond tech Corrects story links, no changes to text A look at the day ahead in European and global markets from Kevin Buckland The global equity sell-off looks set to extend into Europe on Thursday although the region may be spared the carnage in parts of Asia, where Japan's Nikkei .N225 tumbled as much as 3% and Hong Kong's Hang Seng .HSI slumped close to 2%.

Reuters - 2 maanden geleden

French luxury’s China pain may be more evenly felt

BREAKINGVIEWS-French luxury’s China pain may be more evenly felt The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon LONDON, July 24 (Reuters Breakingviews) - France’s luxury Big 3 fear catching “a stray bullet ” if the scuffle between the European Union and China over electric car subsidies escalates.

Reuters - 2 maanden geleden

European shares end lower as earnings whirlwind disappoints

UPDATE 2-European shares end lower as earnings whirlwind disappoints For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window LVMH Q2 sales miss estimates, shares fall Deutsche Bank down after reporting first loss in 4 years Euro zone HCOB's PMI drops to 50.1 STOXX 600 down 0.6% Updated at 1600 GMT By Pranav Kashyap, Shristi Achar A and Shashwat Chauhan July 24 (Reuters) - European shares closed lower on Wednesday, dampened by luxury stocks after

Reuters - 2 maanden geleden

European stocks drop, luxury lags

LIVE MARKETS-European stocks drop, luxury lags STOXX 600 down 0.8% LVMH earnings drag luxury sector lower Upbeat easyJet results lifts travel & leisure Start of 'Mag 7' earnings disappoints Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN STOCKS DROP, LUXURY LAGS Europe's luxury sector led a decline in major markets on Wednesday after disappointing r

Reuters - 2 maanden geleden

Luxury stocks sell off again as LVMH posts below-bar Q2 earnings

BUZZ-Luxury stocks sell off again as LVMH posts below-bar Q2 earnings Recasts with sector performance, adds peers, milestones, updates shares ** Expectations-missing Q2 results from luxury giant LVMH, a bellwether for the sector, weigh on peers , already under pressure after weak Burberry and Richemont prints ** LVMH results confirm "even best-in-c

Reuters - 2 maanden geleden

LVMH shares drop after missing second-quarter estimates

UPDATE 2-LVMH shares drop after missing second-quarter estimates LVMH shares drop as much as 6.5% in early trade Q2 sales rose 1% to 20.98 bln euros vs forecast 21.6 bln Shares in Hermes, Kering dragged lower Recasts paragraph 1, adds analyst comments in 6-10, 15 By Mimosa Spencer and Dominique Patton PARIS, July 24 (Reuters) - Shares in LVMH LVMH.PA fell as much as 6.5% in early Wednesday trade and were on track for their biggest one-day drop since October 2023 after second-quarter sales growth

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