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Reuters - 2 days ago

Danske Bank, Lotus Bakeries NV, Vesuvius

EUROPE RESEARCH ROUNDUP-Danske Bank, Lotus Bakeries NV, Vesuvius Aug 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Lotus Bakeries NV and Vesuvius, on Tuesday. HIGHLIGHTS * Abrdn Plc ABDN.L : Morgan Stanley raises target price to 160p from 149p * Danske Bank DANSKE.CO : Morgan Stanley initiates coverage with overweight rating * Lotus Bakeries NV LOTB.BR : Berenberg raises target price to EUR 10,300 from EUR 9,000 *
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Reuters - 2 days ago

Bangladesh power use grows as searing heat eclipses economic disruption

Bangladesh power use grows as searing heat eclipses economic disruption Repeats story from earlier in the day without changes By Sudarshan Varadhan and Gabrielle Ng SINGAPORE, Aug 12 (Reuters) - Bangladesh's electricity demand grew 7% over three weeks of deadly nationwide protests that disrupted industrial and commercial activity, data showed, as households cranked up air-conditioners to cool down amid searing heat.
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Reuters - 3 days ago

Bangladesh power use grows as searing heat eclipses economic disruption

Bangladesh power use grows as searing heat eclipses economic disruption By Sudarshan Varadhan and Gabrielle Ng SINGAPORE, Aug 12 (Reuters) - Bangladesh's electricity demand grew 7% over three weeks of deadly nationwide protests that disrupted industrial and commercial activity, data showed, as households cranked up air-conditioners to cool down amid searing heat.
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Reuters - 1 week ago

Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Adds details on factories reopening, Primark Aug 7 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season. The country has been gripped by violence since July, forcing Prime Minister Sheikh Hasina to resign on Monday and flee the country after hundreds of people we
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Reuters - 1 week ago

Bangladesh garment factories reopen after Sheikh Hasina's flight

UPDATE 1-Bangladesh garment factories reopen after Sheikh Hasina's flight Adds comments on impact from paragraph 5 By Sam Jahan and Tanvi Mehta DHAKA, Aug 7 (Reuters) - Garment factories in Bangladesh, forecast to account for 90% of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.
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Reuters - 1 week ago

Bangladesh garment factories reopen after Sheikh Hasina's flight

Bangladesh garment factories reopen after Sheikh Hasina's flight By Sam Jahan and Tanvi Mehta DHAKA, Aug 7 (Reuters) - Garment factories in Bangladesh, forecast to account for 90 % of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.
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Reuters - 1 week ago

Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand

UPDATE 1-Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand Updates shares, adds executive comment on Bangladesh in paragraph 2 Aug 6 (Reuters) - VF Corp VFC.N reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up a bout 7 % in extended trading.
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Reuters - 1 week ago

Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Adds Carrefour, Canadian Tire, Target, Fruit of the Loom, Tapestry Aug 6 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season.
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Reuters - 1 week ago

Bangladesh becomes global firms' next big unknown

RPT-BREAKINGVIEWS-Bangladesh becomes global firms' next big unknown The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to fix hyperlinks. By Una Galani MUMBAI, Aug 6 (Reuters Breakingviews) - Global firms can add Bangladesh to their growing list of big unknowns. Protests may ease now Prime Minister Sheikh Hasina has resigned and fled the South Asian country home to 170 million people.
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Reuters - 1 week ago

Bangladesh becomes global firms' next big unknown

BREAKINGVIEWS-Bangladesh becomes global firms' next big unknown The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to fix hyperlinks. By Una Galani MUMBAI, Aug 6 (Reuters Breakingviews) - Global firms can add Bangladesh to their growing list of big unknowns. Protests may ease now Prime Minister Sheikh Hasina has resigned and fled the South Asian country home to 170 million people.
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Reuters - 1 week ago

Reaction to resignation and flight of Bangladesh prime minister

RPT-QUOTES-Reaction to resignation and flight of Bangladesh prime minister RPT of story published August 6, 202412:13 AM GMT+8 Aug 6 (Reuters) - Here are some reactions to the news that Bangladesh's Sheikh Hasina has resigned as prime minister and fled the country following violent street protests. BANGLADESHIS IN LONDON In Whitechapel, a London neighbourhood home to a large Bangladeshi community, many took to the streets to celebrate.
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Reuters - 1 week ago

Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Aug 5 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season. The country has been gripped by violence since July, forcing Prime Minister Sheikh Hasina to resign on Monday and flee the country after hundreds of people were killed in a crackdown on demonstrations de
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Reuters - 1 week ago

Reaction to resignation and flight of Bangladesh prime minister

QUOTES-Reaction to resignation and flight of Bangladesh prime minister Adds Sri Lanka paragraphs 8-9, Russia paragraph 16 Aug 5 (Reuters) - Here are some reactions to the news that Bangladesh's Sheikh Hasina has resigned as prime minister and fled the country following violent street protests. BANGLADESHIS IN LONDON In Whitechapel, a London neighbourhood home to a large Bangladeshi community, many took to the streets to celebrate.
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Reuters - 1 week ago

H&M Says Concerned About Developments, Violence In Bangladesh

BRIEF-H&M Says Concerned About Developments, Violence In Bangladesh Aug 5 (Reuters) - H & M Hennes & Mauritz AB HMb.ST : H&M: CONCERNED ABOUT DEVELOPMENTS AND VIOLENCE IN BANGLADESH; CO'S TEAMS ON GROUND CONTINUOUSLY MONITORING THE DEVELOPMENTS Source text for Eikon: [ID:] Further company coverage: [HMb.ST]
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Reuters - 2 weeks ago

Overseas expansion paying off for UK clothing retailer Next

UPDATE 3-Overseas expansion paying off for UK clothing retailer Next Second-quarter full price sales up 3.2% Next had expected a fall of 0.3% Overseas sales online jump 21.9% Raises full year profit guidance by 20 mln pounds Shares up 8.5%, hit record high Recasts paragraphs 1-9 By James Davey LONDON, Aug 1 (Reuters) - A push by British clothing retailer Next NXT.L to expand overseas is starting to pay off, with strong international demand for its mid-priced goods helping it to beat sales foreca
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Reuters - 3 weeks ago

End of tax loophole risks dimming Shein's IPO appeal, investors say

ANALYSIS-End of tax loophole risks dimming Shein's IPO appeal, investors say By Helen Reid LONDON, July 26 (Reuters) - Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein's profitability and risk denting the fast fashion retailer's long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said.
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Reuters - 3 weeks ago

Adidas, Antofagasta, Buzzi

EUROPE RESEARCH ROUNDUP-Adidas, Antofagasta, Buzzi July 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Antofagasta and Buzzi, on Monday. HIGHLIGHTS * Adidas ADSGN.DE : HSBC raises target price to EUR 300 from EUR 240 * Antofagasta ANTO.L : Peel Hunt raises to reduce from sell * Barry Callebaut AG BARN.S : Citigroup raises to buy from neutral * Buzzi BZU.MI : JP Morgan cuts to underweight from neutral * Solvay SOLB.BR : U
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Reuters - 1 month ago

Inditex buys stake in U.S. sustainable agriculture startup Galy

UPDATE 1-Inditex buys stake in U.S. sustainable agriculture startup Galy Adds context and comments from Inditex CEO on some investors demands from paragraph 3 MADRID, July 9 (Reuters) - Zara owner Inditex ITX.MC has bought a stake in the U.S.-based sustainable agriculture startup Galy as part of its strategy to invest in the sustainable economy, its CEO, Oscar Garcia Maceiras, said on Tuesday.
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Reuters - 1 month ago

Bunzl, Relx, Rolls-Royce

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p
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Reuters - 1 month ago

Top of the Street: H&M, L'Oreal, EQT, Rheinmetall, Eni, ASMI

BUZZ-Top of the Street: H&M, L'Oreal, EQT, Rheinmetall, Eni, ASMI A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank double-upgrades H&M HMb.ST to "buy" from "sell", saying it expects structural earnings growth to be higher than the growth potential recognised by the market ** RBC raises L'Oreal OREP.PA to "sector perform" from "underperform", saying the French cosmetics giant has maintained volume growth despite significant price increases an
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