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1 week ago | 
bloomberg.com | Kit Rees
(Bloomberg) -- European equities retreated further on Wednesday in subdued trading ahead of a rate decision by the Federal Reserve, and as traders kept an eye on the US and China’s trade talks set for later in the week. The Stoxx Europe 600 Index ended the session down 0.5%, led lower by retail and health-care stocks. Media and basic resources shares outperformed.
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1 week ago | 
hk.news.yahoo.com | Kit Rees
【彭博】-- 在聯儲會利率決議公佈前夕，歐洲股市周三進一步回落，市場交投清淡，同時，交易員正關注美國和中國將於本周晚些時候進行的貿易談判。 斯托克歐洲600指數收盤下跌0.5%，零售股和醫療健保股領跌。媒體和基礎資源股跑贏大市。 醫療健保股賽諾菲、羅氏控股以及葛蘭素史克對指數拖累最大，此前，美國食品藥品管理局(FDA)任命對Covid-19兒童疫苗持批評態度的血液腫瘤學家Vinay Prasad擔任生物製品和研究中心的新任主任。美國疫苗及免疫療法公司股價周二已大跌。 歐洲第二大上市公司諾和諾德股價上漲逾1%，儘管公司下調了年度預測，但市場預期其重磅減肥藥Wegovy面臨的競爭將緩解。 歐洲股市一度曾收復自4月2日美國總統唐納德·川普宣布大規模關稅措施以來的多數失地，但本周再次回落。緊張局勢仍未緩解，按照歐盟計畫，若正在進行的貿易談判未能達成令歐盟滿意的結果，則歐盟將實施報復性措施。 交易員預計，聯儲會決策者周三會按兵不動，同時繼續觀望不斷演變的貿易戰將如何影響經濟成長和通膨。 巴克萊策略師Emmanuel...
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1 week ago | 
bloomberg.com | Kit Rees
A Burberry Group luxury boutique in London. (Bloomberg) -- A Burberry Group Plc analyst who’s had a neutral rating on the struggling luxury-goods stock since the Global Financial Crisis has turned positive for the first time since 2008. Citigroup Inc.’s Thomas Chauvet upgraded his recommendation to buy on Thursday, saying that “potential rewards now outweigh the risks.” Burberry shares rose as much as 4%.
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2 weeks ago | 
news.bloomberglaw.com | Kit Rees
Wolfspeed shares rise as much as 18% in US premarket trading as the chipmaker is set for its sixth session of straight gains to match February’s winning streak.
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2 weeks ago | 
news.bloombergtax.com | Kit Rees
European equities climbed as investors grew more optimistic that the worst-case impacts from US tariffs could be averted and as they parsed a flurry of merger and acquisition news. The Stoxx Europe 600 Index was up 0.5% by 11:54 a.m. in London, gaining for a fifth session in the longest winning streak since January. Germany’s index DAX advanced 0.7%, recouping all of its losses since April 2, when President Donald Trump announced his reciprocal tariffs.
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2 weeks ago | 
bloomberg.com | Kit Rees
The Euronext stock exchange in Paris. (Bloomberg) -- European equities climbed as investors hoped the worst US tariff impact could be averted and parsed through the flurry of mergers and acquisitions news. The Stoxx Europe 600 Index was up 0.7% by 10:35 a.m. London time, its fifth session of straight gains and the longest winning streak since January. Germany’s index DAX advanced 0.8%, recouping all of its losses since April 2, when US President Donald Trump announced his reciprocal tariffs.
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2 weeks ago | 
news.bloomberglaw.com | Kit Rees
European equities climbed as investors hoped the worst US tariff impact could be averted and parsed through the flurry of mergers and acquisitions news. The Stoxx Europe 600 Index was up 0.4% by 8:17 a.m. London time, its fifth session of straight gains and the longest winning streak since January. The autos and travel sectors led the gains, while insurance stocks were the biggest laggards. On a quieter day for company earnings, deal-making news was the main focus.
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4 weeks ago | 
news.bloombergtax.com | Angelina Rascouet |Kit Rees
Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès International SCA’s valuation reached almost €249 billion ($281 billion) at the close of trading in Paris on Tuesday, topping the €244 billion of LVMH Moët Hennessy Louis Vuitton SE.
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4 weeks ago | 
bloomberglinea.com.br | Angelina Rascouet |Kit Rees
Bloomberg — O valor de mercado da Hermès ultrapassou a da rival LVMH, o conglomerado que tentou comprar a fabricante da cobiçada bolsa Birkin há 15 anos. O valor de mercado da Hermès atingiu € 243,65 bilhões na terça-feira, ultrapassando brevemente os € € 243,44 bilhões da LVMH. Isso a catapultou como a empresa mais valiosa do índice CAC40, referência na França, e a terceira maior empresa listada na Europa, atrás da empresa de software SAP SE e da fabricante de medicamentos Novo Nordisk.
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4 weeks ago | 
bloomberg.com | Angelina Rascouet |Kit Rees
An Hermes International SCA luxury store in London. (Bloomberg) -- Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès International SCA’s valuation reached almost €249 billion ($281 billion) at the close of trading in Paris on Tuesday, topping the €244 billion of LVMH Moët Hennessy Louis Vuitton SE.
