Hong kong as strength in china, europe and the americas offset the impact casino shares plunge after the retailer warns offering profit in france miss estimates as social unrest weigh on the company. President trumps impeachment trial begin with a reading of the charges as the Government Watch dog finds the white house broke the law by withholding military aid to ukraine. A very warm welcome to street signs on this friday morning. So far trade seems to be dominated by a few corporate stories. Getting into those starting with richemont reaching expectations despite a slow down in the hong kong market. Blaming political unrest for a severe sales contraction but said double digit growth in main land china more than offset the down turn. Still, sales growth did slow from 4 to 6 in the first half. Shares there almost 5 higher. Casino shares higher after cutting the forecast citing the effects of the ongoing transport strikes. The company which is Closing Stores and selling assets to slash d
Gas turbine unit hurt the Fourth Quarter profits. The co tells cnbc hes positive on the outlook its a complicated environment. We have been outperforming competition. As i said, i look at my business, i look at our customers, we also are mindful about our competitors. I think we are on a good track and adidas shares fall despite the company posting a Third Quarter beat with growth in china and the u. S Kasper Rorsted says the company will push ahead for its plans for american expansion theres no doubt within the u. S. Marketplace that is hardly growing and were growing more than 30 shows we are gaining traction for the last three years in the u. S good morning its thursday, and it is an incredibly busy thursday plenty of news coming out of the german corporates. Much of that was disappointing, if i look at the likes of siemens, adidas. Lets show you the heat map and show you how were faring. The stoxx 600 is off by 0. 1 after we fell by 0. 1 in yesterdays trading session. So the moves
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Bernstein s analyst Luca Solca has upgraded his rating from Neutral to Buy. The target price has been revised upwards and is now set at EUR 2493, compared with EUR 2413 previously.