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Puma


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Khadim India shares up on tie up with Puma distributor

BUZZ-Khadim India shares up on tie up with Puma distributor ** Shares of Khadim India KHAD.NS rise as much as 6.9% to 393.9 rupees ** Co forms tie-up with Underlinen Fashion House, Puma's PUMG.DE exclusive licensee and master distributor in India ** Collaboration to sell Puma items in co's Indian retail outlets ** KHAD eyes second consecutive sessi
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Nike shareholders vote against proposal on workers' rights

UPDATE 1-Nike shareholders vote against proposal on workers' rights Adds background on the shareholder proposal By Ananya Mariam Rajesh and Nicholas P. Brown Sept 10 (Reuters) - Nike NKE.N shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries at its annual meeting, the company said on Tuesday.
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Key events at Nike under CEO John Donahoe

TIMELINE-Key events at Nike under CEO John Donahoe Sept 10 (Reuters) - Nike NKE.N will hold its annual meeting virtually on Tuesday and a key issue to be voted on will be a workers' rights agreement, putting the spotlight on its CEO John Donahoe who is under pressure to reverse a long sales slump at the sportswear giant. Nike has lost about a quarter of its stock-market value this year.
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Adidas falls as Barclays downgrades stock on China hurdles, US volatility

BUZZ-Adidas falls as Barclays downgrades stock on China hurdles, US volatility ** Shares in Adidas ADSGn.DE fall 3% after Barclays downgrades the sports apparel maker on increased competition and slower economic growth in China, volatile U.S. sporting goods market and the stock's strong valuation ** The broker cuts Adidas to "equal-weight" from "ov
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Investor pressure on Nike builds over garment workers' rights

Investor pressure on Nike builds over garment workers' rights Norway fund backs proposals on workers' rights, climate targets Another supply chain proposal got 11.7% of votes last year Investors frustrated with Nike over allegations of unpaid wages By Helen Reid, Nicholas P. Brown and Simon Jessop LONDON/NEW YORK, Sept 5 (Reuters) - Investor pressure on Nike NKE.N is building ahead of Tuesday's annual shareholder meeting, with Norway's sovereign wealth fund pledging to back a resolution demandin
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Norway wealth fund supports Nike shareholder proposal on workers' rights

UPDATE 3-Norway wealth fund supports Nike shareholder proposal on workers' rights Norway fund backs proposal for binding agreements with workers Nike's 9th biggest investor also backs climate targets proposal Fund opposes Nike executive pay for 5th year in a row Adds context on sliding sales, paragraph 5, opposition to executive pay, paragraph 10 By Helen Reid and Louise Rasmussen COPENHAGEN/LONDON, Sept 5 (Reuters) - Norway's wealth fund will back a proposal demanding Nike NKE.N consider whethe
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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