BUZZ-US luxury firms fall after Burberry warns of operating loss in first half of 2024 ** Shares of U.S. luxury companies fall in afternoon trading after British luxury group Burberry BRBY.L expects to post operating loss for 1H24 ** BRBY also to miss annual profit forecasts prompting it to suspend dividend payments ** Company sacks its CEO and nam

BUZZ-U.S. STOCKS ON THE MOVE-Deckers Outdoor, Amgen, BlackRock Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Dow touched a record high on Friday as this year's lagging stocks gained favor on optimism that the U.S. Federal Reserve will begin easing monetary policy in September, while big lenders fell after reporting mixed results.

BUZZ-U.S. STOCKS ON THE MOVE-Estee Lauder, Deckers Outdoor, Amgen Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Friday as slightly hotter-than-expected producer price numbers did little to change bets around a U.S.

BUZZ-Estee Lauder edges up; CFO Tracey Travis to retire ** Shares in cosmetics co Estee Lauder EL.N up ~1% at $102.49 premarket ** EL said on Thursday CFO Tracey Travis would be stepping down and retiring from her 12-year role ** Co adds successor for Travis has been identified and will be named in the coming weeks ** YTD, EL down 30.5% as of last

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

PRESS DIGEST - Wall Street Journal - July 12 July 12 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Discount store operator Dollar General DG.N has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers and unsafe storage, the U.S.

UPDATE 2-Estee Lauder's longtime CFO Travis to depart next year Adds background in paragraph 4, analyst comments in paragraphs 5-6 July 11 (Reuters) - Estee Lauder EL.N said on Thursday that Tracey Travis would be stepping down and retiring from her 12-year role as the MAC lipstick maker's finance chief, effective June 30, 2025. The company said a successor for Travis has been identified and will be named in the coming weeks.

Estee Lauder says CFO Travis to depart after 12 years July 11 (Reuters) - Estee Lauder EL.N said on Thursday that Tracey Travis would be stepping down and retiring from her 12 years role as the MAC lipstick maker's finance chief, effective June 30, 2025. Reporting by Granth Vanaik in Bengaluru; Editing by Alan Barona

BUZZ-U.S. STOCKS ON THE MOVE-Pure Cycle, Tesla, Five9 Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 fell from record highs on Thursday, weighed by megacap stocks, as investors favored small-caps after a softer-than-expected inflation reading bolstered hopes that the U.S.

BUZZ-Beauty companies rise as Piper Sandler sees positive results in Q2 ** Shares of beauty companies rise between 0.3% and 2.5% ** Piper Sandler says in a note that investor focus has now shifted towards Q2 earnings ** Sees Coty COTY.N and Elf Beauty ELF.N bringing the most positive remarks and results based on the brokerage's analysis of macro trends, among other factors ** Piper Sandler notes COTY has relatively better positioning right now vs peers despite, while ELF remains its "top idea" *

U.S. RESEARCH ROUNDUP-CoreCivic, Eli Lilly, WD-40 July 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CoreCivic , Eli Lilly and WD -40, on Thursday. HIGHLIGHTS * Antero Resources Corp AR.N : Gerdes Energy Research raises to buy from neutral * CoreCivic Inc CXW.N : Jonestrading initiates coverage with hold rating * Costco Wholesale Corp COST.O : Jefferies raises target price to $1050 from $860 * Eli Lilly LLY.N :

Puig to join Spain's blue-chip index two months after IPO By Corina Pons and Matteo Allievi MADRID, July 9 (Reuters) - Puig PUIGb.MC will join Spain's blue-chip equities index on July 22, the stock market's advisory committee said on Tuesday, just over two months after the cosmetics company completed the country's biggest initial public offering in nearly a decade.

BUZZ-U.S. STOCKS ON THE MOVE-Infinera, Landbridge, Tempus AI Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 touched record highs on Friday after an in-line inflation report strengthened hopes for interest rate cuts in September, while Nike was set for its steepest one-day fall in over two decades after a gloomy forecast.

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Updates headline, recasts first paragraph June 12 (Reuters) - Companies in the U.S. and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly.

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds FedEx layoffs June 12 (Reuters) - Companies in the United States and Canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit , 5% at audi

BRIEF-Estee Lauder Companies Inc says Entered Into A Senior Unsecured Credit Agreement June 7 (Reuters) - Estee Lauder Companies Inc EL.N : ESTEE LAUDER COMPANIES INC - ENTERED INTO A SENIOR UNSECURED CREDIT AGREEMENT ESTEE LAUDER COMPANIES INC - AGREEMENT PROVIDES FOR A 5-YEAR REVOLVING CREDIT FACILITY TO CO AND ELIGIBLE UNITS IN AMOUNT OF $2.5 BI

BRIEF-Estée Lauder’S Board Plans To Keep Its Longtime CEO - WSJ June 5 (Reuters) - ESTÉE LAUDER’S BOARD PLANS TO KEEP ITS LONGTIME CEO - WSJ Source text: https://tinyurl.com/mr2zfp7x Further company coverage: EL.N

BRIEF-The Estée Lauder Companies Completes Acquisition Of DECIEM June 3 (Reuters) - Estee Lauder Companies Inc EL.N : THE ESTÉE LAUDER COMPANIES COMPLETES ACQUISITION OF DECIEM Source text for Eikon: ID:nBw1Wv64ja Further company coverage: EL.N

Indian beauty products retailer Nykaa posts near three-fold jump in Q4 profit BENGALURU, May 22 (Reuters) - India's FSN E-Commerce Ventures FSNE.NS , parent of online beauty products seller Nykaa, reported a nearly three-fold jump in quarterly net profit attributable to shareholders on Wednesday as consumers were drawn to the heavy discounts it offered.

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds Disney, Spirit AeroSystems, Kenvue, L3Harris and Lucid; Updates Nike May 24 (Reuters) - Companies in the United States and Canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly.