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US firms bet on Paris Olympics with new stores, marketing push

FACTBOX-US firms bet on Paris Olympics with new stores, marketing push July 12 (Reuters) - U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can help boost their sales. Comcast's CMCSA.O NBCUniversal said that International Olympic Committee (IOC) sponsors spent 18% for the latest Olympics compared to the 2021 summer Olympics in Tokyo.
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U.S. Boston Beer Company, Inter Parfums, Netflix

U.S. RESEARCH ROUNDUP-Boston Beer Company, Inter Parfums, Netflix July 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Boston Beer Company, Inter Parfums and Netflix, on Friday. HIGHLIGHTS * Boston Beer Company Inc SAM.N : Piper Sandler cuts PT to $344 from $350 * Inter Parfums Inc IPAR.O : Jefferies raises to buy from hold * Netflix Inc NFLX.O : JP Morgan raises target price to $750 from $650 * Smurfit Westrock SW
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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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Deckers falls as analysts flag tougher June trends; drags down footwear peers

BUZZ-Deckers falls as analysts flag tougher June trends; drags down footwear peers Updates ** Shares of footwear maker Deckers Outdoor DECK.N down as much as 9.2% at $853.07; on track for their worst day since March 2020 ** BofA analyst Christopher Nardone says UGG boots maker will see a strong Q1 but business t o get tougher Q2 onward ** M Science says its U.S.
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Deckers tumbles as BofA flags tougher competition from Q2

BUZZ-Deckers tumbles as BofA flags tougher competition from Q2 ** Footwear maker Deckers Outdoor shares DECK.N sink as much as 9.2% at $853.07, on track for their worst day since March 2020 ** BofA analyst Christopher Nardone says UGG boots maker will see a strong Q1 but business gets tougher from Q2 onward ** DECK is the biggest decliner on S&P 50
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As summer sizzles, US retailers try to move back-to-school shopping to July

As summer sizzles, US retailers try to move back-to-school shopping to July By Arriana McLymore and Siddharth Cavale NEW YORK, July 10 (Reuters) - While American children may wish summer vacation would never end, retailers want back-to-school season to start earlier than ever -- preferably now -- and are timing promotions ahead of Amazon's AMZN.O Prime Day.
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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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Deja-vu? In Olympics push, France ramps up war on fakes

FOCUS-Deja-vu? In Olympics push, France ramps up war on fakes By Helen Reid, Layli Foroudi, Mimosa Spencer PARIS, July 9 (Reuters) - In the touristy Saint-Ouen flea market, not far from the Stade de France where athletes will compete in this summer's Paris Olympics, police officers swarmed in at dawn on April 3 and shut down 11 stores selling counterfeit bags and shoes.
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KKR to buy Varsity Brands from Bain Capital for $4.75 billion, sources say

EXCLUSIVE-KKR to buy Varsity Brands from Bain Capital for $4.75 billion, sources say By Abigail Summerville July 3 (Reuters) - Private equity firm KKR & Co KKR.N agreed to acquire Varsity Brands, a U.S. maker of sports uniforms and school yearbooks, from buyout firm Bain Capital for about $4.75 billion, including debt, people familiar with the matter said on Wednesday.
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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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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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With one major gun case looming, US Supreme Court sidesteps others

UPDATE 1-With one major gun case looming, US Supreme Court sidesteps others Adds additional cases acted upon, ghost gun case By Andrew Chung WASHINGTON, July 2 (Reuters) - The U.S. Supreme Court turned away appeals challenging a Democratic-backed ban in Illinois on assault-style rifles such as AR-15s and sidestepped several other gun-related disputes on Tuesday, though it already has agreed to hear one major firearms case in its next term concerning homemade " ghost guns ." The justices declined
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US Supreme Court rebuffs challenge to Illinois assault weapon bans

US Supreme Court rebuffs challenge to Illinois assault weapon bans By Andrew Chung WASHINGTON, July 2 (Reuters) - The U.S. Supreme Court steered clear on Tuesday of another major dispute over gun rights, turning away appeals of a judicial ruling backing a Democratic-backed ban in Illinois on assault-style rifles such as AR-15s. The justices declined to hear a group of cases appealing a lower court's rejection of the challengers' argument that the ban violates the right to keep and bear arms unde
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U.S. Atlassian, Crowdstrike Holdings, CS Disco

U.S. RESEARCH ROUNDUP-Atlassian, Crowdstrike Holdings, CS Disco July 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Atlassian, Crowdstrike Holdings and CS Disco, on Tuesday. HIGHLIGHTS * Atlassian Corp TEAM.O : Piper Sandler raises to overweight from neutral * Crowdstrike Holdings Inc CRWD.O : Piper Sandler cuts to neutral from overweight * CS Disco Inc LAW.N : JP Morgan cuts to underweight from neutral * Principa
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Apple, Tesla lifts stocks to higher close in light pre-holiday trading

US STOCKS-Apple, Tesla lifts stocks to higher close in light pre-holiday trading Apple, Tesla drove S&P higher Manufacturing PMI weakens in June Chewy drops despite Keith Gill's stake disclosure Updates to 4 p.m. ET By Saeed Azhar, Ankika Biswas and Lisa Pauline Mattackal NEW YORK, July 1 (Reuters) - Megacap growth stocks led by Apple and Tesla lifted the tech-heavy Nasdaq to a higher close on Monday, while the Dow and the S&P 500 also eked out slight gains in light pre-holiday trading.
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U.S. stocks weekly: Halfway and higher

RPT-BUZZ-U.S. stocks weekly: Halfway and higher Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX breaks three-week winning streak, though edges lower just 0.1% .N ** That said, there have been first-half fireworks : Nasdaq composite .IXIC up 18.1% YTD, S&P 500 up 14.5%, Dow .DJI up 3.8% ** However, there are concerns as SPX may be hitting a wall, as dearth of 2% or more down days continues to dog traders ** This as the DJI streaked back toward 40k, and its highs, but th
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U.S. AT&T, ATI, California Resources

U.S. RESEARCH ROUNDUP-AT&T, ATI, California Resources July 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including AT&T, ATI and California Resources, on Monday. HIGHLIGHTS * AT&T Inc T.N : JP Morgan adds stock to its U.S. analyst focus list * ATI Inc ATI.N : JP Morgan removes stock from its U.S.
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French vote, China trade row cast cloud over European earnings

ANALYSIS-French vote, China trade row cast cloud over European earnings By Louis van Boxel-Woolf and Samuel Indyk LONDON, July 1 (Reuters) - French political uncertainty and an EU trade spat with China are casting a shadow over European corporate earnings, investors say, despite forecasts that companies are set to deliver better results. Second-quarter earnings for companies in the pan-European STOXX 600 .STOXX are seen rising 2% and revenues increasing by 1.7%, LSEG I/B/E/S data shows, in what
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