Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.
Despite Chinese sales dropping 18%, Richemont reports 10% increase The ... which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street ...
Analyst Rogerio Fujimori from Stifel Nicolaus maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) and
Fears of a technical recession were stoked today by figures showing the UK barely grew in November.The 0.1% rise in GDP came in short of expectations, raising the prospect of an interest rate cut next month.
SALES FORECAST: The owner of Cartier and Van Cleef & Arpels should report sales of 5.63 billion euros ($5.80 billion) for the quarter ended Dec. 31, according to a poll of estimates by 13 analysts compiled by Visible Alpha. In the prior-year period, the company booked sales of 5.59 billion euros.
U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average increased 0.1% ... Financiere Richemont rose 15.7% and Zalando added 15%. On the other hand, Safestore ...
Futures on the Dow Jones Industrial Average (DJI) are pointed firmly lower, following yesterday's 703-point pop, while S&P 500 Index (SPX) futures sit flat, and Nasdaq-100 Index (NDX) futures manage a modest gain.
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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See how we rate products and services to help you make smart decisions with your money. The average overall interest rate for personal loans is 21.44%, up slightly from last week. You can use a ...
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