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Warner Bros Discovery down after co fails to renew NBA broadcasting rights

BUZZ-Warner Bros Discovery down after co fails to renew NBA broadcasting rights ** Shares of media giant Warner Bros Discovery WBD.O fall 2.8% to $8.23 in premarket trading ** Walt Disney's DIS.N ESPN, Comcast-owned CMCSA.O NBCUniversal and Amazon.com AMZN.O clinched the rights to carry National Basketball Association, ending a 40-year-long partner
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NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion

UPDATE 4-NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion Adds comment from TNT Sports in paragraph 3 July 24 (Reuters) - Walt Disney's DIS.N ESPN, Comcast-owned CMCSA.O NBCUniversal and Amazon.com AMZN.O have clinched the rights to carry National Basketball Association games in an 11-year deal valued at $77 billion, the league said on Wednesday.
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Top of the Street: JD Sports, Rio Tinto, Unilever

BUZZ-Top of the Street: JD Sports, Rio Tinto, Unilever A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** HSBC raises Rio Tinto RIO.L to "buy" from "hold", as it anticipates adding volumes at Oyu Tolgio and Simandou over the next three years would enhance cash flow and potentially dividends. INITIATIONS AND REINSTATEMENTS ** Bernstein initiates JD Sports JD.L with "outperform" seeing the firm as a "compelling self-improvement story".
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English pubs and shops gear up for Euro 2024 final bonanza

RPT-UPDATE 1-English pubs and shops gear up for Euro 2024 final bonanza Repeats with no changes to text By James Davey and Radhika Anilkumar LONDON, July 12 (Reuters) - English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.
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English pubs and shops gear up for Euro 2024 final bonanza

UPDATE 1-English pubs and shops gear up for Euro 2024 final bonanza Adds comment from bookmaker William Hill in paragraph 7, Spanish pubs in 10 and Wetherspoons in 18 By James Davey and Radhika Anilkumar LONDON, July 12 (Reuters) - English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.
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English pubs and shops gear up for Euro 2024 final bonanza

English pubs and shops gear up for Euro 2024 final bonanza By James Davey and Radhika Anilkumar LONDON, July 12 (Reuters) - English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.
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Top of the Street: H&M, L'Oreal, EQT, Rheinmetall, Eni, ASMI

BUZZ-Top of the Street: H&M, L'Oreal, EQT, Rheinmetall, Eni, ASMI A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank double-upgrades H&M HMb.ST to "buy" from "sell", saying it expects structural earnings growth to be higher than the growth potential recognised by the market ** RBC raises L'Oreal OREP.PA to "sector perform" from "underperform", saying the French cosmetics giant has maintained volume growth despite significant price increases an
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European shares rise as Fed rate cut bets firm; focus on elections

UPDATE 2-European shares rise as Fed rate cut bets firm; focus on elections For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.7%, miners lead gains Bpost falls to record low on lower-than-expected guidance UK's JD Sports top loser on FTSE 100 on Barclays downgrade Updated at 1600 GMT By Sruthi Shankar, Jesus Calero and Shristi Achar A July 3 (Reuters) - European shares rose on Wednesday, as dovish comments from Federal Reser
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London stocks rebound on metal miner rally ahead of UK election

UPDATE 2-London stocks rebound on metal miner rally ahead of UK election For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.6%, FTSE 250 adds 1.7% Metal miners rise, UK vote in focus JD Sports falls after Barclays downgrades to underweight Updated to 1550 GMT By Purvi Agarwal and Roshan Abraham July 3 (Reuters) - British stocks closed higher on Wednesday, boosted by metal miners ahead of the UK parliamentary election on Thursd
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UK's JD Sports top loser on FTSE 100 on Barclays downgrade

BUZZ-UK's JD Sports top loser on FTSE 100 on Barclays downgrade ** British sportswear retailer JD Sports Fashion JD.L down 3.1% at 114p - top loser on the FTSE 100 .FTSE ** Barclays cut price target to 110p from 140p, downgrades stock to 'underweight' ** Brokerage says co's downgrade prompted by Nike's weak Q4 given its about 50% revenue exposure to the U.S.
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London stocks round off week with declines

UPDATE 1-London stocks round off week with 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, FTSE 250 down 0.2% UK economy grows 0.7% in Q1 Energy stocks gain on higher oil prices Updated at 1553 GMT By Purvi Agarwal and Shubham Batra June 28 (Reuters) - British equities ended the week on a sour note after stronger-than-expected GDP data spurred worries over interest rate cuts by the Bank of England, while U.S.
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Too soon for France turmoil to impact Q2 - RBC Wealth Management

LIVE MARKETS-Too soon for France turmoil to impact Q2 - RBC Wealth Management STOXX 600 up 0.4% French stocks underperform Eyes on PCE 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 TOO SOON FOR FRANCE TURMOIL TO IMPACT Q2 - RBC WEALTH MANAGEMENT Things have been holding up ok in stock markets lately, with the STOXX 600 just 2.1% below its intraday high, d
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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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French election scenarios

LIVE MARKETS-French election scenarios STOXX 600 up 0.3% French stocks underperform Eyes on PCE 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 FRENCH ELECTION SCENARIOS Analysts at Citi have crunched the numbers to assess the potential equity market impact from various election scenarios, concluding that markets may be overly optimistic about the election,
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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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STOXX 600 up, CAC 40 drops before election

LIVE MARKETS-STOXX 600 up, CAC 40 drops before election STOXX 600 up 0.1% French stocks underperform Eyes on PCE 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 STOXX 600 UP, CAC 40 DROPS BEFORE ELECTION Europe's STOXX 600 .STOXX was trading slightly higher on Friday but France's CAC 40 .FCHI index underperformed before the first round of voting in the legi
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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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UK sportswear retailers dive after Nike warns on 2025 sales

BUZZ-UK sportswear retailers dive after Nike warns on 2025 sales Updates ** Shares in JD Sports JD.L and Frasers FRAS.L fall about 6% and 2%, respectively ** Britain's largest sportswear retailer JD down as much as 6.6% to 118p , top pct loser on FTSE bluechip .FTSE index * * Frasers, a retailer for Nike and owner of sportswear brands, down as much
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UK's JD Sports falls after Nike warns on 2025 sales

CORRECTED-BUZZ-UK's JD Sports falls after Nike warns on 2025 sales Corrects fourth bullet to say Nike shares fell after market hours not during ** Shares in JD Sports JD.L fall 5.3% at 119.8p, top pct loser on FTSE bluechip .FTSE index ** Britain's largest sportswear retailer falls as Nike NKE.N forecast surprise drop in 2025 rev ** NKE says demand for its sneakers weak as consumers covet newer brands such as On and Hoka ** Nike shares fell about 12% after U.S.
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