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US luxury firms fall after Burberry warns of operating loss in first half of 2024

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
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U.S. Ciena, Huntsman, Prog Holdings

U.S. RESEARCH ROUNDUP-Ciena, Huntsman, Prog Holdings June 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Ciena, Huntsman and Prog Holdings, on Friday. HIGHLIGHTS * Capital One Financial Corp COF.N : BTIG initiates coverage with neutral rating * Ciena Corp CIEN.N : Raymond James cuts to outperform from strong buy * Collegium Pharmaceutical Inc COLL.O : Jefferies raises to buy from hold * Huntsman Corp HUN.N : JP Mo
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U.S. Chord Energy, PVH, Saia

U.S. RESEARCH ROUNDUP-Chord Energy, PVH, Saia June 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chord Energy, PVH and Saia, on Thursday. HIGHLIGHTS * Chord Energy Corp CHRD.O : Gerdes Energy Research raises to buy from neutral * Costco Wholesale Corp COST.O : Oppenheimer raises target price to $905 from $850 * PVH Corp PVH.N : Barclays raises target price to $154 from $149 * Saia Inc SAIA.O : TD Cowen raises tar
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U.S. Abbvie, Lionsgate Studios, UnitedHealth Group

U.S. RESEARCH ROUNDUP-Abbvie, Lionsgate Studios, UnitedHealth Group June 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Abbvie, Lionsgate Studios and UnitedHealth Group, on Wednesday. HIGHLIGHTS * Abbvie Inc ABBV.N : HSBC raises to buy from hold * Crowdstrike Holdings Inc CRWD.O : BTIG cuts target price to $402 from $432 * Lionsgate Studios LION.O : Seaport Research Partners initiates coverage with neutral rating
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PVH Corp reports results for the quarter ended in April - Earnings Summary

PVH Corp reports results for the quarter ended in April - Earnings Summary PVH Corp PVH.N reported quarterly adjusted earnings of $2.45​​ per share for the quarter ended in April, higher than the same quarter last year, when the company reported EPS of $2.14. The mean expectation of sixteen analysts for the quarter was for earnings of $2.16 per share.
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