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Puma

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Reuters - 2 weeks ago

Sporting goods retailer Decathlon to invest $111 mln in India expansion plan

Sporting goods retailer Decathlon to invest $111 mln in India expansion plan BENGALURU, Aug 21 (Reuters) - French sporting goods retailer Decathlon said on Wednesday that it will invest 100 million euros ($111 million) in India over the next five years to expand its store count and manufacturing in what is one of its key markets. The retailer, which entered India in 2009, sells a host of sports accessories ranging from footballs and yoga mats to bicycles and exercise equipment, cashing in on the
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Reuters - 2 weeks ago

Adyen NV, Beazley, Nel ASA

EUROPE RESEARCH ROUNDUP-Adyen NV, Beazley, Nel ASA Aug 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen NV, Beazley and Nel ASA, on Friday. HIGHLIGHTS * Adyen NV ADYEN.AS : TD Cowen raises target price to EUR 1,620 from EUR 1,618 * Beazley BEZG.L : HSBC raises target price to 780p from 665p * Diageo DGE.L : HSBC cuts target price to 3,000p from 3,300p * Nel ASA NEL.OL : Berenberg cuts to hold from buy * ThyssenKrupp Nucera
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Reuters - 3 weeks ago

Baader ups Puma to 'buy' on soft valuation after outlook cut knocks shares

BUZZ-Baader ups Puma to 'buy' on soft valuation after outlook cut knocks shares ** Shares in Puma PUMG.DE rise 3% after Baader Helvea upgrades the German sportswear maker to "buy" from "add", citing a "highly attractive" opportunity/risk profile after the shares tumbled following Wednesday's outlook cut ** The shares dropped nearly 16% between Wedn
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Reuters - 3 weeks ago

AstraZeneca, Beazley, Puma

EUROPE RESEARCH ROUNDUP-AstraZeneca, Beazley, Puma Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Beazley and Puma on Monday. HIGHLIGHTS * AstraZeneca AZN.L : TD Cowen raises target price to 14,860p from 13,945p * Beazley BEZG.L : Jefferies raises target price to 1,020p from 975p * Puma SE PUMG.DE : Baader Helvea raises to buy from add * Quilter Plc QLT.L : Berenberg raises target price to 135p from 105p * WPP
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Reuters - 3 weeks ago

STOXX 600 recovers early losses on US jobs data relief

UPDATE 2-STOXX 600 recovers early losses on US jobs data relief For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Novo rebounds on positive read-across from Lilly Siemens jumps after profit beat Allianz rises on Q2 beat Deutsche Telekom up after increase in Q2 core earnings STOXX 600 up 0.1% Updates at 1600 GMT By Ankika Biswas and Pranav Kashyap Aug 8 (Reuters) - Europe's benchmark stock index recouped early losses to close slightly highe
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Reuters - 3 weeks ago

Barclays, Ibstock, London Stock Exchange

EUROPE RESEARCH ROUNDUP-Barclays, Ibstock, London Stock Exchange Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Ibstock and London Stock Exchange, on Thursday. HIGHLIGHTS * Barclays BARC.L : HSBC raises target price to 310p from 290p * Ibstock IBST.L : Berenberg raises target price to 200p from 150p * London Stock Exchange LSEG.L : HSBC raises target price to 9,400p from 8,800p * Persimmon PSN.L : JP Morgan raises
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Reuters - 3 weeks ago

Investors feel the pinch of thriftier consumers on company profits

ANALYSIS-Investors feel the pinch of thriftier consumers on company profits By Danilo Masoni MILAN, Aug 8 (Reuters) - Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit warnings in sectors ranging from luxury to food and airlines have fed into worries about a slowdown in the United States and other major economies.
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Reuters - 3 weeks ago

Nike sees gold rush with summer Olympics driven website visits, sales

Nike sees gold rush with summer Olympics driven website visits, sales By Ananya Mariam Rajesh Aug 7 (Reuters) - The summer Olympics is turning out to be a rare win for Nike NKE.N as the global sporting event has helped boost demand for the sportswear giant's new launches and edge out competition, website searches from research firm Similarweb showed.
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Reuters - 3 weeks ago

Puma Expects Q3 EBIT To Be Slightly Below Or At Previous Year's Level - Investor Call

BRIEF-Puma Expects Q3 EBIT To Be Slightly Below Or At Previous Year's Level - Investor Call Aug 7 (Reuters) - PUMA SE PUMG.DE : PUMA: WE EXPECT Q3 EBIT TO BE SLIGHTLY BELOW OR AT PREVIOUS YEAR'S LEVEL - INVESTOR CALL Further company coverage: PUMG.DE (Gdansk Newsroom)
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Reuters - 4 weeks ago

Europe's STOXX 600 jumps 1% on banks-led recovery; Novo Nordisk slumps

UPDATE 2-Europe's STOXX 600 jumps 1% on banks-led recovery; Novo Nordisk slumps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Novo Nordisk logs steepest decline since Aug 2022 Puma slumps after narrowing FY profit outlook Continental up after Q2 results beat Just Eat Takeaway top STOXX 600 gainer after rating upgrade Roche considering divesting $1.9 bln cancer data startup- FT STOXX 600 up 1.5% Updated at 1550 GMT By Ankika Biswas and
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Reuters - 4 weeks ago

Banks lead gains in Europe, healthcare drags

LIVE MARKETS-Banks lead gains in Europe, healthcare drags 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 . BANKS LEAD GAINS IN EUROPE, HEALTHCARE DRAGS European stocks are flashing green this morning, with the STOXX 600 .STOXX up 0.9% and investors breathing a sigh of relief.
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Reuters - 4 weeks ago

Puma drops 10% after Q2 miss, lowered guidance

BUZZ-Puma drops 10% after Q2 miss, lowered guidance ** Shares of Puma PUMG.DE slump around 10% to February lows after the German sportswear maker narrowed its core profit outlook for 2024 and reported Q2 EBIT miss ** It now expects operating profit (EBIT) between 620 million and 670 million euros ($677-$731 million), compared to a previous range of
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Reuters - 4 weeks ago

Puma narrows FY profit outlook on high freight costs, muted China

UPDATE 3-Puma narrows FY profit outlook on high freight costs, muted China Updates share move and adds comments from media call, analyst throughout By Linda Pasquini and Isabel Demetz Aug 7 (Reuters) - German sportswear maker Puma PUMG.DE on Wednesday narrowed its outlook for full-year core profit, sending its shares briefly to 2018 lows, citing higher freight costs, currency headwinds, and continued muted consumer sentiment in China.
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Reuters - 4 weeks ago

BOJ saves the day

LIVE MARKETS-BOJ saves the day 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 . BOJ SAVES THE DAY Is the Bank of Japan taking the mantle of market saviour from the Fed? Nikkei investors sure hope so. After falling 3% early in the day, the Nikkei rebounded 2.8% and was almost back where it started before Monday's 13% crash.
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Reuters - 4 weeks ago

Puma narrows FY core profit outlook

Puma narrows FY core profit outlook Aug 7 (Reuters) - German sportswear maker Puma PUMG.DE on Wednesday narrowed down its outlook for full-year core profit, citing expected higher freight costs and continued muted consumer sentiment, especially in China. It now expects operating profit (EBIT) to come in a range between 620 million and 670 million euros ($676-$731 million)compared to between 620 million to 700 million euros previously.
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Reuters - 4 weeks ago

BOJ saves the day

MORNING BID EUROPE-BOJ saves the day A look at the day ahead in European and global markets from Stella Qiu. Is the Bank of Japan taking the mantle of market saviour from the Fed? Nikkei investors sure hope so. After falling 3% early in the day, the Nikkei rebounded 2.8% and was almost back where it started before Monday's 13% crash. BOJ Deputy Governor Shinichi Uchida saved the day, and perhaps the fate of the yen carry trade, by saying the central bank wouldn't hike interest rates when markets
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Reuters - 4 weeks ago

Olympics-Athletics-Pretty purple track proves popular in Paris

Olympics-Athletics-Pretty purple track proves popular in Paris By Helen Reid PARIS, Aug 3 (Reuters) - In a departure from the traditional brick-red colour, the track on which Olympic athletics champions are crowned in Paris is a vibrant purple -- and athletes so far seem pretty pleased with it. "The entire thing just kind of radiates light," said Thea LaFond, who will chase the first ever Olympic medal for Dominica when she competes in the triple jump final later on Saturday.
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Reuters - 1 month ago

Adidas sees soccer trend lasting into 2025

Adidas sees soccer trend lasting into 2025 By Linda Pasquini July 31 (Reuters) - Adidas ADSGn.DE expects soccer's increasing appeal among consumers globally to be a trend that lasts into 2025, after sales of its jerseys in connection to this year's soccer tournaments surpassed its expectations. Sportswear brands like Adidas, Puma PUMG.DE and their U.S.
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Reuters - 1 month ago

Olympics-Athletics-Running brand On launches spray-on marathon shoe in bid for Paris spotlight

Olympics-Athletics-Running brand On launches spray-on marathon shoe in bid for Paris spotlight By Helen Reid PARIS, July 25 (Reuters) - Running brand On made its latest move in the supershoe race on the eve of the Paris Olympics, unveiling a marathon shoe produced by a robotic arm spraying material onto a mold to create a sock-like upper, with no laces.
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Reuters - 2 months ago

Europe's STOXX 600 falls for third straight session as tech drags

UPDATE 2-Europe's STOXX 600 falls for third straight session as tech drags For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 down 0.5% ASML falls as China risks cloud solid Q2 earnings Roche jumps on early trial success of second obesity drug Updated at 1600 GMT By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan July 17 (Reuters) - European shares closed lower for a third straight day on Wednesday, w ith chip stocks sliding
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