LVMH drives luxury stocks down after results disappoint

LVMH drives luxury stocks down after results disappoint
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LVMH drives luxury stocks down after results disappoint
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Swiss Life Holding AG (SLHN.SW), a leading provider of life insurance and pension solutions, has reported its 2024 half-year results, demonstrating a robust financial performance with fee results and cash remittance both seeing significant increases. The company’s annualized return on equity outperformed its target range, and net profit remained stable. Swiss Life is on track…
Here are Bernstein’s top picks in Indian IT services amid shifting growth trends Source link
Valued at a market cap of almost $18 billion, Bombardier (TSX:BBD.B) stock is up a staggering 1,740% in the last five years. It means a $500 investment in the TSX stock five years back would be worth more than $9,000 today. Bombardier designs, manufactures, and sells business aircraft and related structural components worldwide. It also…
State-owned Punjab National Bank (PNB) on Monday launched a qualified institutional placement (QIP) to raise up to Rs 5,000 crore at an indicative price of Rs 103.75 per share. According to bankers, the base deal size is Rs 2,500 crore, with the potential to be upsized to Rs 5,000 crore depending on demand. The bank…
Some stuff I am reading today morning: INR slides past 85 Rs Vs $ ( BS ) Global central banks impacted by FED stance ( CNBC ) Starbucks isn’t exiting India ( BT ) Radical overhaul of shipping laws ( FE ) The average S&P 500 stock is down since election ( Sherwood ) Interview…
FTC scrutinises Apple News over alleged left-wing bias Source link