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Reuters - 2 oras ang nakaraan

Europe's STOXX 600 rises on tech rebound, set for weekly gains

UPDATE 1-Europe's STOXX 600 rises on tech rebound, set for weekly gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Luxury stocks boost France's CAC 40 Elisa slumps on unexpected Q3 revenue fall Intrum seeks US bankruptcy protection STOXX 600 up 0.3% Updated at 0840 GMT By Paolo Laudani and Ankika Biswas Oct 18 (Reuters) - Europe's STOXX 600 climbed on Friday, as tech stocks made a strong comeback at the end of a bumpy week, while th
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Reuters - 3 oras ang nakaraan

French luxury stocks top CAC 40 as market makes most of dip created by LVMH's miss

BUZZ-French luxury stocks top CAC 40 as market makes most of dip created by LVMH's miss ** Shares in French luxury stocks lead gains on France's CAC 40 .FCHI blue-chip index ** Shares in Kering PRTP.PA jump 4.4% and LVMH LVMH.PA rise more than 3%, while Hermes HRMS.PA is up 1.8% ** Bernstein analysts Luca Solca says LVMH's Q3 miss from Tuesday has
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Reuters - 2 araw ang nakaraan

European tech, luxury stocks tumble as ASML, LVMH results disappoint

UPDATE 2-European tech, luxury stocks tumble as ASML, LVMH results disappoint For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. France's CAC 40 underperforms peers on luxury drag Adidas drops amid broader selloff despite third 2024 outlook Spain's IBEX closes at highest since January 2010 ECB's interest rate decision due on Thursday Updated at 1600 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 16 (Reuters) - Europe's STOXX
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Reuters - 2 araw ang nakaraan

Luxury’s China wobble will accelerate M&A

BREAKINGVIEWS-Luxury’s China wobble will accelerate M&A The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Oct 16 (Reuters Breakingviews) - The luxury sector is headed for a new wave of M&A. On Wednesday, shares in $330 billion giant LVMH LVMH.PA fell 7% after it revealed the bleak state of consumer spending in China.
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Reuters - 2 araw ang nakaraan

Europe Inc set to clear lower earnings bar; wait-and-see on China stimulus

ANALYSIS-Europe Inc set to clear lower earnings bar; wait-and-see on China stimulus Analysts cut European Q3 earnings estimates at fastest pace in seven months Investors cautiously optimistic on China stimulus despite lack of details Cheap valuations, light positioning offer opportunities Updates to include LVMH results in paragraph 6 and ASML in paragraph 7 By Samuel Indyk and Medha Singh LONDON, Oct 16 (Reuters) - Analysts have downgraded estimates for European corporate earnings at the fastes
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Reuters - 2 araw ang nakaraan

LVMH shares hit by weak Q3 sales, dragging down luxury sector

UPDATE 2-LVMH shares hit by weak Q3 sales, dragging down luxury sector LVMH Q3 organic sales drop for first time since pandemic Fashion and leather goods business struggles in China Shares fall as much as 7%, erasing recent gains Adds further details from paragraph 6 PARIS, Oct 16 (Reuters) - Shares in LVMH LVMH.PA were on course for their biggest one-day drop in a year on Wednesday after the luxury bellwether missed third-quarter sales forecasts, dragging down the broader sector and erasing gai
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Reuters - 2 araw ang nakaraan

European luxury stocks fall as LVMH miss hints to further setbacks

BUZZ-European luxury stocks fall as LVMH miss hints to further setbacks ** Shares in European luxury names fall after heavyweight LVMH LVMH.PA reported weaker than expected Q3 sales ** "LVMH Q3 trading update failed to reassure, suggesting that trends are actually softer than feared," J.P.Morgan says ** JPM points to a "material" slowdown at LVMH's
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Reuters - 2 araw ang nakaraan

LVMH shares slump on weak Q3 sales, hitting luxury sector

LVMH shares slump on weak Q3 sales, hitting luxury sector PARIS, Oct 16 (Reuters) - Shares in LVMH LVMH.PA slumped lower on Wednesday, knocking back the broader luxury goods sector, after the French luxury goods giant reported a 3% fall in third-quarter sales . LVMH shares were down around 7 percent in early session trading. Shares in its French rival Kering PRTP.PA , whose brands include Gucci, and Burberry BRBY.L were also dragged down as LVMH slid on the stock market.
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Reuters - 2 araw ang nakaraan

LVMH shares set to slump on weak Q3 sales

LVMH shares set to slump on weak Q3 sales PARIS, Oct 16 (Reuters) - Shares in LVMH LVMH.PA were set to slump lower on Wednesday, knocking back the broader luxury goods sector, after the French luxury goods giant reported a 3% fall in third-quarter sales . LVMH shares were marked down by 5.1 percent on Tradegate, just before the formal start of stock market trading in Europe.
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Reuters - 2 araw ang nakaraan

Europe Inc set to clear lower earnings bar; wait-and-see on China stimulus

ANALYSIS-Europe Inc set to clear lower earnings bar; wait-and-see on China stimulus Analysts cut European Q3 earnings estimates at fastest pace in seven months Investors cautiously optimistic on China stimulus despite lack of details Cheap valuations, light positioning offer opportunities By Samuel Indyk and Medha Singh LONDON, Oct 16 (Reuters) - Analysts have downgraded estimates for European corporate earnings at the fastest pace in seven months this week, setting a lower bar for beats, while
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Reuters - 4 araw ang nakaraan

World shares stuck, oil tumbles as China stimulus plan too vague for investors

GLOBAL MARKETS-World shares stuck, oil tumbles as China stimulus plan too vague for investors China's stimulus announcement fails to inspire investors Q3 earnings, ECB in focus Oil prices down over 2.5% Updates prices, news throughout By Dhara Ranasinghe and Alun John LONDON, Oct 14 (Reuters) - Stock markets held below last month's record highs on Monday, while the Chinese yuan and oil prices weakened as China's broad economic stimulus promises at the weekend failed to inspire investors across t
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Reuters - 4 araw ang nakaraan

China doubts as economy struggles, US bonds closed

MORNING BID AMERICAS-China doubts as economy struggles, US bonds closed A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. Treasury markets closed on Monday, Wall Street stocks are set to cruise on higher into the unfolding corporate earnings season - but may first have to take early direction from China's weekend stimulus update.
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Reuters - 4 araw ang nakaraan

Luxury stocks down on China's new fiscal measures

BUZZ-Luxury stocks down on China's new fiscal measures ** Shares in European luxury companies slip after China announced more fiscal stimulus, but left out key details on its size ** "The market expected more direct support for consumer spend," Bernstein analyst Luca Solca says ** Kering PRTP.PA falls 3.6%, LVMH LVMH.PA is down 2.9% while Hermes HR
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Reuters - 4 araw ang nakaraan

STOXX 600 ends at two-week high with eyes on earnings, ECB decision

UPDATE 2-STOXX 600 ends at two-week high with eyes on earnings, ECB decision For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Luxury stocks hit by China stimulus update ECB set to cut rates on Thursday Entain, Flutter tumble on tax hike fears Tetragon jumps after report on possible Equitix sale Updated at 1650 GMT By Paolo Laudani, Sruthi Shankar and Johann M Cherian Oct 14 (Reuters) - European stocks ended Monday's choppy session at a t
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Reuters - 4 araw ang nakaraan

European shares mostly higher, UK gambling names tumble

LIVE MARKETS-European shares mostly higher, UK gambling names tumble STOXX 600 up 0.2% Aerospace and Defense leads UK gambling names fall Wall St futures steady 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 SHARES MOSTLY HIGHER, UK GAMBLING NAMES TUMBLE Major European bourses are edging higher on Monday as investors looked ahead to key events this week, including the E
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Reuters - 4 araw ang nakaraan

LVMH investors jittery over anaemic China demand for European designer goods

PREVIEW-LVMH investors jittery over anaemic China demand for European designer goods By Mimosa Spencer PARIS, Oct 14 (Reuters) - Investors in French luxury group LVMH LVMH.PA are eager for signs that China's new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring them to splash out on $4,300 designer leather handbags ahead of Singles Day , China's largest annual shopping spree.
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Reuters - 5 araw ang nakaraan

Giorgio Armani, 90, says he plans to retire within 'two or three years'

Giorgio Armani, 90, says he plans to retire within 'two or three years' ROME, Oct 13 (Reuters) - Giorgio Armani, the founder of the eponymous Italian fashion brand, said in an interview published on Sunday that he plans to retire within the next two or three years. Armani is 90 years old and has so far been tight-lipped about the succession plans for the company he founded in 1975 and still firmly controls.
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Reuters - 1 linggo ang nakaraan

In France's Cognac, Beijing and Brussels' EV spat spells disaster

In France's Cognac, Beijing and Brussels' EV spat spells disaster China's anti-dumping measures hit French brandy Cognac producers fear industry sacrificed for Europe car sector EU-China tariff dispute is double-whammy for EV dealership in Cognac By Sybille de La Hamaide COGNAC, France, Oct 11 (Reuters) - In this grape-growing region of western France, where brandy producers are fretting over the fallout from a trade dispute between the European Union and China, Christophe Bouetard is more worri
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Reuters - 1 linggo ang nakaraan

Richemont exits online hell, but heaven is way off

BREAKINGVIEWS-Richemont exits online hell, but heaven is way off The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Karen Kwok LONDON, Oct 9 (Reuters Breakingviews) - Johann Rupert has finally found a way to cut his losses. The Richemont CFR.S boss on Monday said he was selling online luxury platform Yoox Net-A-Porter (YNAP) to German player Mytheresa, in exchange for a 33% stake in the buyer.
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Reuters - 1 linggo ang nakaraan

Luxury goods unlikely to be next target of China's EU trade retaliation, analysts say

CORRECTED-Luxury goods unlikely to be next target of China's EU trade retaliation, analysts say Corrects analyst estimate of size of China market to 25% of global total from 35% in paragraph 9. By Casey Hall SHANGHAI, Oct 9 (Reuters) - European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets for retaliation, following the EU's decision to slap tariffs on China EVs, but analysts say such a move is unlikely.
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