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Revealed: Winners of the Fund Manager of the Year Awards 2021

Revealed: Winners of the Fund Manager of the Year Awards 2021
investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.

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LVMH Moët Hennessy Louis Vuitton is Now the Most Valuable European Company, Per Finaria

LVMH Moët Hennessy Louis Vuitton is Now the Most Valuable European Company, Per Finaria
thefashionlaw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefashionlaw.com Daily Mail and Mail on Sunday newspapers.

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'Unstoppable' luxury stocks remind some investors of US tech

Pasha De Cartier has been a cult design since its creation in 1985.
THE coronavirus pandemic is still raging throughout large parts of the world and China is facing a resurgence of the outbreak, yet investors keep pushing luxury-goods stocks higher, undeterred by near-record valuations.
The combination of robust Chinese spending growth and a strong start to the earnings season is seen supporting stocks such as LVMH, Hermes International and Kering SA, all of which reached record highs in the past two months.
The quality of the businesses and their substantial position in the stock market are causing some investors to compare the companies to U.S. technology behemoths. ....

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High Bar for European Profit Rebound Leaves No Room for Setbacks

High Bar for European Profit Rebound Leaves No Room for Setbacks
Bloomberg
1/17/2021
Joe Easton
(Bloomberg) Europe is kicking off the year’s first earnings season with expectations running high after a strong equity rally, setting the stage for disappointment if companies signal further pandemic pain.
With luxury brand Burberry Group Plc, chip equipment maker ASML Holding NV and miner Rio Tinto Group among some 30 companies in the Stoxx Europe 600 Index posting earnings or sales updates in the next week, investors are seeking reassurance about a recovery beyond the lockdowns currently weighing on sentiment. Analysts predict a strong profit rebound this year, following last year’s sharp slump triggered by the impact of Covid-19. ....

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European stocks set for their best start to a year since 2009

European stocks set for their best start to a year since 2009
Consumer discrectionary and utilities were among other sectors gaining, while financials and energy slipped
(AFP)Premium
. Updated: 10 Jan 2021, 08:10 PM IST Bloomberg
Stoxx 600 soared to its highest in almost 20 years as chipmakers were boosted by earnings reports from US and Asia bellwethers
Optimism has prevailed since the first Covid-19 vaccine was announced in early November, according to analysts at HSBC
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European equities are on track for their best first five days of a year since 2009 as investors predict coronavirus vaccination programs and government stimulus will drive a rebound in economic growth and corporate profits. ....

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