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Luxury-goods stock LVMH Moët Hennessy (OTC: LVMUY) wasn't looking too exclusive on Hump Day. The company's share price had eroded by nearly 4% at market close, due in no small part to an analyst ...
Tuesday's market-moving news for global luxury-goods purveyor LVMH Moët Hennessy (OTC: LVMUY) wasn't very encouraging. After the company published a disappointing revenue update, investors ...
The company saw the price of its U.S.-listed shares dip by over 3% on the day, while the bellwether S&P 500 index crept up to close 0.1% higher. A major surprise in France
The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. [44] As of late 2020, LVMH has the largest market capitalization of any company in France, [45] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [46]
"Consumer confidence in mainland China today is back in line with the all-time low reached during COVID," LVMH's chief financial officer, Jean-Jacques Guiony, told analysts during its earnings call.
The French powerhouse, home to Dior, Louis Vuitton, Sephora, and Tiffany's, stunned with a 10% sales surge in the final quarter of 2023, surpassing analyst forecasts.
Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than expected. Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a ...
The shooting did not appear to involve a bank robbery, according to preliminary sources. [37] The LMPD blocked streets and conducted a joint search of Sturgeon's home in the Camp Taylor neighborhood near Interstate 264, located 7.4 miles (11.9 km) south of the bank. [38] The LMPD report documented the shooter's motive as: [39]