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Berita

Competitive dynamics in focus as US tries to stop Tapestry-Capri merger

UPDATE 2-Competitive dynamics in focus as US tries to stop Tapestry-Capri merger Adds details from witness testimony in paragraphs 9, 10-14 and background on FTC cases in 4, 7 By Siddharth Cavale NEW YORK, Sept 9 (Reuters) - The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's TPR.N $8.5 billion merger with rival handbag maker Capri Holdings CPRI.N at a trial on Monday, arguing it will eliminate fierce head-to-head competition in the market for "accessible luxu
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Pvh Corp. Names CEO Of Pvh EMEA

BRIEF-Pvh Corp. Names CEO Of Pvh EMEA PVH Corp PVH.N : PVH CORP. NAMES CEO OF PVH EMEA PVH CORP - APPOINTS FREDRIK OLSSON AS CEO OF PVH EMEA Source text for Eikon: ID:nBw5g6dlDa Further company coverage: PVH.N
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U.S. Centerspace, Neurocrine Biosciences, 1-800-Flowers.com

U.S. RESEARCH ROUNDUP-Centerspace, Neurocrine Biosciences, 1-800-Flowers.com Aug 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Centerspace, Neurocrine Biosciences and Veeva Systems, on Thursday. HIGHLIGHTS * Air Products APD.N : Berenberg raises target price to $275 from $240 * Centerspace CSR.N : Raymond James raises target price to $82 from $75 * Neurocrine Biosciences Inc NBIX.O : Piper Sandler raises to over
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U.S. STOCKS Li Auto, NVIDIA, CrowdStrike

BUZZ-U.S. STOCKS ON THE MOVE-Li Auto, NVIDIA, CrowdStrike Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were lower on Wednesday ahead of Nvidia's earnings, with the Nasdaq leading declines, as focus was squarely on if the recent bull market rally that was led by the AI chip firm and other tech-related shares can be sustained.
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U.S. STOCKS Berkshire Hathaway, Super Micro Computer, Elf Beauty

BUZZ-U.S. STOCKS ON THE MOVE-Berkshire Hathaway, Super Micro Computer, Elf Beauty Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq led declines among U.S. stock indexes on Wednesday, in the run-up to AI-darling Nvidia's earnings report, with focus on if the recent bull market rally that was led by the chip firm and other tech-related shares can be sustained.
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U.S. STOCKS Chewy, Abercrombie & Fitch, Kohl's

BUZZ-U.S. STOCKS ON THE MOVE-Chewy, Abercrombie & Fitch, Kohl's Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were set for a muted open on Wednesday ahead of Nvidia's earnings report, with focus squarely on if the recent bull market rally that was led by the AI chip firm and other tech-related shares can be sustained.
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U.S. STOCKS Foot Locker, PVH Corp, Bath & Body Works

BUZZ-U.S. STOCKS ON THE MOVE-Foot Locker, PVH Corp, Bath & Body Works Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were flat-to-slightly higher on Wednesday, as investors held back ahead of a crucial quarterly earnings report from AI-favorite Nvidia to gauge if the market can withstand further risk-taking in a bull rally.
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Calvin Klein-parent PVH drops after downbeat Q3 forecasts

BUZZ-Calvin Klein-parent PVH drops after downbeat Q3 forecasts ** Shares of apparel maker PVH Corp PVH.N fall 8.3% to $95.77 premarket ** Company, after market on Tuesday, forecast Q3 adj. EPS of $2.50, vs Wall Street estimate of $2.98 - LSEG data ** Expects Q3 revenue to decrease 6%-7% over the year earlier ** Q2 revenue down 6% at $2.07 bln ** Br
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U.S. Alamo Group, Cognizant, Moderna

CORRECTED-U.S. RESEARCH ROUNDUP- Alamo Group, Cognizant, Moderna Corrects ESS Tech Inc entry to say Deutsche Bank adjusts PT to $9 from $0.90 to reflect 1-for-15 reverse stock split Aug 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alamo Group, Cognizant and Moderna, on Wednesday.
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PVH Corp reports results for the quarter ended in July - Earnings Summary

PVH Corp reports results for the quarter ended in July - Earnings Summary PVH Corp PVH.N reported quarterly adjusted earnings of $3.01​​ per share for the quarter ended in July, higher than the same quarter last year, when the company reported EPS of $1.98. The mean expectation of sixteen analysts for the quarter was for earnings of $2.29 per share.
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PVH Q2 EBIT USD 174 Million

BRIEF-PVH Q2 EBIT USD 174 Million Aug 27 (Reuters) - PVH Q2 revenue USD 2,074 million.
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Radico Khaitan expects 20% growth as Indians splurge on pricey liquor

Radico Khaitan expects 20% growth as Indians splurge on pricey liquor By Praveen Paramasivam CHENNAI, Aug 8 (Reuters) - Rampur whisky-maker Radico Khaitan RADC.NS is expecting a 20% revenue growth this fiscal year, an executive said on Thursday, as India's growing middle class splurges on expensive liquor. Several consumer labels including Reliance, Tata Group and Arvind Fashions ARVF.NS , which sells Calvin Klein and Tommy Hilfiger, are targeting the booming Indian middle-class that is increasi
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PVH Appoints Kate Gulliver To Its Board

BRIEF-PVH Appoints Kate Gulliver To Its Board Aug 5 (Reuters) - PVH Corp PVH.N : PVH CORP. APPOINTS KATE GULLIVER TO ITS BOARD OF DIRECTORS Source text for Eikon: ID:nBw6FTyRxa Further company coverage: PVH.N
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U.S. STOCKS Qualcomm, Moderna, Hershey

BUZZ-U.S. STOCKS ON THE MOVE-Qualcomm, Moderna, Hershey Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Futures tied to Wall Street's main indexes kicked off August on a high note, boosted by the Federal Reserve's signals of a September rate cut and a rosy sales forecast from Meta, while a pullback in some megacap and chip stocks kept gains in check.
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India's Arvind Fashions swings to quarterly profit on demand for premium products

India's Arvind Fashions swings to quarterly profit on demand for premium products BENGALURU, Aug 1 (Reuters) - Indian retailer Arvind Fashions ARVF.NS swung to quarterly profit on Thursday, helped by strong demand for its premium products. The company, which sells clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a consolidated net profit of 13.2 million rupees ($157,621.35) against a loss of 164.3 million rupees a year ago.
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Indian retailer Arvind's Q1 profit slips as textile demand falls

Indian retailer Arvind's Q1 profit slips as textile demand falls BENGALURU, July 29 (Reuters) - Indian clothing retailer Arvind ARVN.NS posted a 40% fall in its first-quarter profit, as inflationary pressures weighed on consumer spending on apparels despite discounts. The company, which sells international brands like Tommy Hilfiger, Arrow and Calvin Klein, said its consolidated net profit fell to 393.1 million rupees ($4.7 million) from 658.7 million rupees a year earlier.
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US luxury firms fall after Burberry warns of operating loss in first half of 2024

BUZZ-US luxury firms fall after Burberry warns of operating loss in first half of 2024 ** Shares of U.S. luxury companies fall in afternoon trading after British luxury group Burberry BRBY.L expects to post operating loss for 1H24 ** BRBY also to miss annual profit forecasts prompting it to suspend dividend payments ** Company sacks its CEO and nam
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