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Puma


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Shenzhou Int'l rises most in 5 weeks as key customer lifts forecast

BUZZ-Shenzhou Int'l rises most in 5 weeks as key customer lifts forecast ** Shares of sportswear and knitwear maker Shenzhou International Group 2313.HK rise 4.1% to HK$75.6, on course for their biggest one-day pct gain since June 4 if trend holds ** Shenzhou stock hits the highest since July 4, extending gain to a third session, after key customer
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Adidas set to benefit as Nike struggles

RPT-PREVIEW-Adidas set to benefit as Nike struggles Repeats JULY 9 story. No change to text 'Terrace' trend, Nike's weakness seen helping growth Newer brands gain ground in running, niche categories Euro 2024 soccer tournament also seen boosting demand By Linda Pasquini July 10 (Reuters) - The success of Adidas' ADSGn.DE low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deliver strong second-quarter sales and its bi
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Adidas set to benefit as Nike struggles

PREVIEW-Adidas set to benefit as Nike struggles 'Terrace' trend, Nike's weakness seen helping growth Newer brands gain ground in running, niche categories Euro 2024 soccer tournament also seen boosting demand By Linda Pasquini July 9 (Reuters) - The success of Adidas' ADSGn.DE low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deliver strong second-quarter sales and its biggest profit margin in three years.
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Nike stock plunges as gloomy sales forecast fans growth concerns

UPDATE 6-Nike stock plunges as gloomy sales forecast fans growth concerns Updates shares in paragraph 1 and 6, adds analyst comments in paragraphs 4, 7, 13 By Ananya Mariam Rajesh and Juveria Tabassum June 28 (Reuters) - Nike's NKE.N stock slumped 20% on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant's efforts to stem market share losses to upstart brands such as On and Hoka.
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European shares post quarterly loss as markets await French elections

UPDATE 2-European shares post quarterly loss as markets await French elections For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Air France-KLM drops on Barclays downgrade Nike's dour forecast drags JD Sports, Puma STOXX off 0.2%, clock weekly, monthly and quarterly loss Updated at 1600 GMT By Shristi Achar A, Shashwat Chauhan and Jesus Calero June 28 (Reuters) - European shares gave up early gains to close lower on Friday as a drop in sha
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Nike slumps after forecasting surprise revenue drop; sport retailers also decline

BUZZ-Nike slumps after forecasting surprise revenue drop; sport retailers also decline ** Shares of world's largest sportswear maker Nike NKE.N plunge 14.2% to $80.84 premarket ** Co forecasts a surprise drop in FY25 revenue, hurt by weakening demand for its sneakers ** Expects a mid-single-digit percentage fall in FY25 revenue vs analysts' expectations of a 0.91% rise - LSEG data ** Morgan Stanley downgrades co to "equal-weight" from "overweight"; cuts PT on stock to $79 from $114 ** Timeline f
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Nike's downbeat outlook drags JD Sports and Puma, briefly lifts Adidas

Nike's downbeat outlook drags JD Sports and Puma, briefly lifts Adidas June 28 (Reuters) - Shares in JD Sports JD.L and Puma PUMG.DE fell as much as 6.6% and 3% respectively on Friday, while Adidas ADSGn.DE briefly rose over 1.5%, after U.S. peer Nike NKE.N on Thursday forecast a surprise fall in fiscal 2025 revenue. "Nike will be busy with recalibrating its business until at least spring 2025, which provides Adidas with excellent opportunity to gain market share," analysts at Kepler Cheuvreux w
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European equity futures higher

LIVE MARKETS-European equity 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 EUROPEAN EQUITY FUTURES HIGHER European stock futures are trading higher on Friday, rebounding from a down day on Thursday before key U.S. inflation data and as markets look ahead to France's vote on Sunday.
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Adidas, Puma seen down after Nike forecasts revenue drop

BUZZ-Adidas, Puma seen down after Nike forecasts revenue drop ** Shares in Adidas ADSGn.DE and Puma PUMG.DE are indicated down 3% and 4% respectively in Lang & Schwarz premarket trade, after U.S. peer Nike NKE.N on Thursday forecast a surprise fall in fiscal 2025 revenue on faltering demand for its sneakers ** "Disappointing report and outlook from
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Germany orders 38 Airbus H225 helicopters for federal police

UPDATE 1-Germany orders 38 Airbus H225 helicopters for federal police Adds details throughout, contract value; changes dateline to BERLIN from PARIS BERLIN, June 6 (Reuters) - Germany will buy up to 44 H225 Super Puma transport helicopters from Airbus AIR.PA in one of the largest purchases in the history of its federal police force, the interior ministry said on Thursday.
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Germany orders 38 Airbus H225 helicopters for federal police

Germany orders 38 Airbus H225 helicopters for federal police PARIS, June 6 (Reuters) - Germany has ordered 38 H225 Supa Puma helicopters for the Bundespolizei or Federal Police, manufacturer Airbus Helicopters AIR.PA said on Thursday. The contract with Berlin's interior ministry provides options for another six of the helicraft, it said in a statement issued during the Berlin Airshow.
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After China, Zara expands live shopping experiment to Europe and US

FOCUS-After China, Zara expands live shopping experiment to Europe and US Zara to launch live shopping in UK, Europe, and US Live show will be hosted on Zara's own app and website Zara's China livestreams boosted sales, data shows Parent company Inditex reports Q1 results on Wednesday By Helen Reid and Corina Pons LONDON, June 3 (Reuters) - Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format that is already wildly popular in China but
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Antofagasta, Imperial Brands, Sodexo

EUROPE RESEARCH ROUNDUP-Antofagasta, Imperial Brands, Sodexo May 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Antofagasta, Imperial Brands and Sodexo, on Friday. HIGHLIGHTS * Antofagasta Plc ANTO.L : HSBC raises target price to 1,100p from 1,000p * Diploma Plc DPLM.L : Morgan Stanley raises target price to 4,700p from 3,915p * Imperial Brands IMB.L : Jefferies raises target price to 1,850p from 1,710p * OMV AG OMVV.VI : Berenb
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How hosting Euro 2024 could impact the German economy

FACTBOX-How hosting Euro 2024 could impact the German economy By Rene Wagner BERLIN, May 14 (Reuters) - Germany will be hoping for sporting success as host of the 2024 Euros soccer championship kicking off in a month's time, but it will also be looking for a consumption boost from all the fans guzzling beer and staying in hotels and rented rooms. Europe's largest economy is expected to grow around 0.3% this year, slower than other large industrialised countries.
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Alfa Laval, OMV AG, Unilever Plc

EUROPE RESEARCH ROUNDUP- Alfa Laval, OMV AG, Unilever Plc May 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alfa Laval, OMV AG and Unilever Plc, on Tuesday. HIGHLIGHTS * Alfa Laval ALFA.ST : JP Morgan raises target price to SEK 385 from SEK 325 * Babcock International BAB.L : Citigroup raises target price to 640p from 530p * OMV AG OMVV.VI : Morgan Stanley raises to equal weight from underweight * SKAN Group AG SKAN.S : Baader
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Puma shares surge on upbeat CEO comments

BUZZ-Puma shares surge on upbeat CEO comments Updates share move, adds traders comments ** Puma PUMG.DE shares rose nearly 12%, extending earlier gains, with traders pointing to upbeat comments by the CEO on March and April trading, order book and level of confidence by the management in reaching 2024 targets ** They highlight market was worried about more cautious comments from Puma, pointing to a short squeeze ** The level of confidence in reaching FY targets has increased because the verbal c
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Europe's STOXX 600 closes at record high on earnings cheer

UPDATE 2-Europe's STOXX 600 closes at record high on earnings cheer For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. 'Nice set' of Q1 figures drive Ahold Delhaize shares higher Puma rises on 'less laboured start to 2024 than feared' German industrial output falls less than expected in March BMW down after car margin misses consensus Sabadell falls as BBVA will not improve takeover offer Updated at 1555 GMT By Ankika Biswas and Johann M C
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Puma: In Europe, We Expect Accelerated Sales In Wholesale Channel From Q2 - Media Call

BRIEF-Puma: In Europe, We Expect Accelerated Sales In Wholesale Channel From Q2 - Media Call May 8 (Reuters) - PUMA SE PUMG.DE : PUMA: IN EUROPE, WE EXPECT ACCELERATED SALES IN WHOLESALE CHANNEL FROM Q2 - MEDIA CALL Further company coverage: PUMG.DE (Gdansk Newsroom)
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Puma shares rise on 'less laboured start to 2024 than feared'

BUZZ-Puma shares rise on 'less laboured start to 2024 than feared' ** Puma's shares rise 5.2% after Q1 results show a "less laboured start to 2024 than feared", Jefferies says in a note ** The sportswear makers first quarter results came in line with expectations, with sales increasing 0.5% year-on-year impacted by softer demand ** The company confirmed its outlook for the full year, but will need to gain growth momentum to come in line with its guidance, Baader Helvea says ** The broker expects
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Puma upbeat on growing demand, shares jump

UPDATE 5-Puma upbeat on growing demand, shares jump Sales meet expectations as Americas return to growth Order book 'building quarter over quarter' Puma increasing production of Palermo shoes Puma wins first big marathon podium spot in decades Shares jump nearly 12% Adds comments from investor call, traders in paragraphs 1-6, updates share move By Linda Pasquini and Helen Reid May 8 (Reuters) - A return to growth in the Americas helped Puma PUMG.DE meet first-quarter sales forecasts and its orde
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