LVMH results prompt $70 billion buying spree in luxury shares
LVMH owns brands including Louis Vuitton, Christian Dior, Moet Hennessy and Tiffany & Co.
Source: gulfnews.com
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ADIDAS : Jefferies reaffirms its Neutral rating -January 26, 2024 at 07:54 am EST
Initially Neutral on the company, Jefferies's analyst James Grzinic maintained his recommendation. The target price is still set at EUR 175.
Source: marketscreener.com
LVMH Results Prompt $70 Billion Buying Spree In Luxury Shares
LVMH results prompt $70 billion buying spree in luxury shares By Mimosa Spencer PARIS (Reuters) -Investors dived back into top luxury shares on Friday, adding some $70 billion to their market value as LVMH’s latest sales figures reassured investors about the sector’s resilience to economic headwinds, particularly in China. The buying spree helped recoup some […]
Source: globalbankingandfinance.com
No recovery in sight for Puma - Several analysts downgrade
After the previous day's ten percent slump, there are no signs of a recovery for Puma shares on Thursday. In pre-market trading on the Tradegate platform, the share price fell by a further 0.8 percent...
Source: marketscreener.com
Richemont posts higher sales as jewellery brands outperform
Sales rose 8% during the three months through December at constant exchange rates.
Source: moneyweb.co.za