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Burberry


Actualités

Wall Street whipsawed to subdued close

LIVE MARKETS-Wall Street whipsawed to subdued close Nasdaq, S&P 500 end lower; Dow posts gains Energy up most among S&P sectors; tech lags Dollar, gold, bitcoin higher; crude gains nearly 2% U.S. 10-year Treasury yields edges up to ~3.87% 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 WALL STREET WHIPSAWED TO SUBDUED CLOSE Wall Street took investors for quite a ride on Thursday.
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Thursday data: GDP (and other stuff)

LIVE MARKETS-Thursday data: GDP (and other stuff) All three major U.S. stock indexes green Cons disc up most among S&P sectors; real estate, cons staples laggards STOXX 600 up 0.7% Dollar, gold higher; bitcoin and crude both up >2% U.S. 10-year Treasury yields edges up to ~3.88% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Upbeat GDP revision remedies Nvidia hangover

LIVE MARKETS-Upbeat GDP revision remedies Nvidia hangover All three major U.S. stock indexes green Cons disc up most among S&P sectors; real estate, cons staples laggards STOXX 600 up 0.7% Dollar, gold, bitcoin higher; crude up >2% U.S. 10-year Treasury yields edges up to ~3.87% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Mixed picture: Nvidia down, European tech up

LIVE MARKETS-Mixed picture: Nvidia down, European tech up STOXX 600 up 0.7% Tech stocks rise Spirits makers surge Wall St futures higher 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 MIXED PICTURE: NVIDIA DOWN, EUROPEAN TECH UP Nvidia NVDA.O shares have rebounded from their Thursday after-hours 7% decline and are down 1.8% in premarket trading as traders try to get a grip on th
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Burberry to likely drop out of FTSE 100 next week

CORRECTED-LIVE MARKETS-Burberry to likely drop out of FTSE 100 next week Corrects day to Wednesday, not Thursday, in penultimate paragraph STOXX 600 up 0.7% Tech stocks rise Spirits makers surge Wall St futures higher 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 BURBERRY TO CHECK OUT OF FTSE 100 NEXT WEEK With UK's premier index due for a rejig next week, analysts anticipate l
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FTSE 100 ends flat; miners, luxury stocks lead declines

UPDATE 1-FTSE 100 ends flat; miners, luxury stocks lead declines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 flat, FTSE 250 down 0.5% Sterling dips from 2-yr highs against dollar Delaware top court to hear GSK' appeal to end Zantac lawsuits Biggest drop in precious metal miners in 3 weeks Updated at 1540 GMT By Khushi Singh and Ankika Biswas Aug 28 (Reuters) - UK's main FTSE 100 stock index ended flat on Wednesday as a sharp
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British Business - Aug 28

PRESS DIGEST-British Business - Aug 28 Aug 28 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Delaware's highest court will hear an appeal by GSK GSK.L and rival drugmakers seeking to end more than 70,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer .
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Coty misses revenue estimates on cautious retail orders, Lacoste license sale

Coty misses revenue estimates on cautious retail orders, Lacoste license sale By Ananya Mariam Rajesh Aug 20 (Reuters) - CoverGirl parent Coty COTY.N missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes.
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Soccer spending and discounts help boost British retail sales in July

UPDATE 3-Soccer spending and discounts help boost British retail sales in July Adds economist and analyst comment in paragraphs 4 and 13-15 By David Milliken LONDON, Aug 16 (Reuters) - British retail sales edged up in July, boosted in part by extra spending due to the men's Euros soccer championship, official figures showed on Friday, after an unusually cool and wet June had kept shoppers away and weighed on broader economic growth .
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From tech to banks, five lessons from Europe's Q2 earnings season

GRAPHIC-From tech to banks, five lessons from Europe's Q2 earnings season By Samuel Indyk and Lucy Raitano LONDON, Aug 16 (Reuters) - European companies likely grew earnings for the first time in five quarters, but concerns about the strength of the consumer and the economic outlook have cast a pall over the second-quarter earnings season. According to LSEG I/B/E/S data, Q2 earnings are expected to have increased 4.3% from the same period last year, the first quarterly rise since the first three
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Coach owner Tapestry rides on Tabby handbags demand to beat estimates

UPDATE 3-Coach owner Tapestry rides on Tabby handbags demand to beat estimates Gross margin expands for seventh straight quarter Inventory 'well-controlled and current' heading into FY 25 Annual forecasts roughly in line with estimates Shares rise 8% Adds background, details from the release By Juveria Tabassum Aug 15 (Reuters) - Tapestry TPR.N beat analysts' expectations for fourth-quarter results on robust demand for its popular Coach Tabby handbags, signaling interest in affordable luxury as
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Pandora raises full-year growth outlook as broader product range pays off

UPDATE 2-Pandora raises full-year growth outlook as broader product range pays off Adds quotes in paragraphs 2, 7-8, adds background in paragraphs 5-6 COPENHAGEN, Aug 12 (Reuters) - Pandora PNDORA.CO , the world's biggest jewellery maker, raised its full-year growth outlook on Monday, presenting a more upbeat outlook than some other consumer goods companies as it continues to expand its product range.
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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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Ralph Lauren beats profit estimates on stable demand in Europe, China

UPDATE 3-Ralph Lauren beats profit estimates on stable demand in Europe, China Adds CFO comment in paragraph 3, analyst comment in paragraph 6 By Savyata Mishra Aug 7 (Reuters) - Ralph Lauren RL.N beat first-quarter profit estimates on Wednesday as steady demand for its pricey denims and polo shirts in Europe and China offset slower sales in the U.S.
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Bakkavor, Drax Group, Greggs

EUROPE RESEARCH ROUNDUP- Bakkavor, Drax Group, Greggs Aug 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bakkavor, Drax Group and Greggs on Monday. HIGHLIGHTS * Bakkavor BAKK.L : HSBC raises target price to 170p from 150p * Drax Group Plc DRX.L : HSBC raises target price to 600p from 500p * Greggs GRG.L : HSBC cuts to hold from buy * Pennon Group PNN.L : Barclays cuts to equal-weight from overweight * United Utilities UU.L : Bar
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London's FTSE 100 falls over 1% amid global stock slump

UPDATE 1-London's FTSE 100 falls over 1% amid global stock slump For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Investment banking, personal goods sectors lead declines US labor growth misses expectations; unemployment rate rises FTSE 100 down 1.3%, FTSE 250 off 3.0% Updated at 1540 GMT By Purvi Agarwal and Shubham Batra Aug 2 (Reuters) - London stocks rounded the week off with heavy losses amid a global risk-off mood after a weak U.S.
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China's stuttering recovery darkens global corporate growth outlook

ANALYSIS-China's stuttering recovery darkens global corporate growth outlook By Medha Singh Aug 2 (Reuters) - Global burger chains to car manufacturers are increasingly feeling the pinch from a faltering recovery in the world's No. 2 economy , China, and are strapping in for a bumpy ride ahead. A protracted downturn in the property market and high levels of job insecurity have knocked the wind out of a fragile recovery in China, a global trading powerhouse, and the effects of its slowdown can be
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Canada Goose bucks luxury slowdown in China, tops quarterly estimates

UPDATE 4-Canada Goose bucks luxury slowdown in China, tops quarterly estimates Adds investor comment in paragraph 8 and updates shares in paragraph 5 By Ananya Mariam Rajesh Aug 1 (Reuters) - Canada Goose GOOS.TO , GOOS.N beat Wall Street estimates for quarterly revenue on Thursday, benefiting from steady consumer demand in China for its puffer jackets and sweats, bucking an industry-wide slowdown seen by luxury players in the region.
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So far, global earnings are just good enough to feel disappointing

ANALYSIS-So far, global earnings are just good enough to feel disappointing Many firms deliver in-line results, fail to extend market rally Companies cut guidance due to weakness in China and high interest rates Tech sector turns more upbeat, retailers grow more pessimistic Slowdown in US auto market hits many global automakers Adds Diageo in paragraph 2 and graphic By Medha Singh July 30 (Reuters) - Companies worldwide are lowering full-year sales and profit guidance as higher interest rates an
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So far, global earnings are just good enough to feel disappointing

ANALYSIS-So far, global earnings are just good enough to feel disappointing Many firms deliver in-line results, fail to extend market rally Companies cut guidance due to weakness in China and high interest rates Tech sector turns more upbeat, retailers grow more pessimistic Slowdown in US auto market hits many global automakers By Medha Singh July 30 (Reuters) - Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China's economy hurt glob
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