LVMH shares set for biggest drop in over a year on fading …
2 days ago · The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains above ...
CAC 40 Drifts Lower As Luxury Stocks Drop After LVMH Reports …
2 days ago · Investors are looking ahead to the Federal Reserve's monetary policy announcement due later in the day. The Fed is widely expected to hold rates unchanged, and the focus is on the accompanying statement for clues about future rate moves. ... LVMH reported that its 2024 net profit was 12.550 billion euros, down 17% from 15.174 billion euros last ...
Federal Reserve holds rates steady: Policy divergence with
1 day ago · The Federal Reserve decided to keep interest rates unchanged in the 4.25%-4.50% range during its January meeting, in line with market expectations. ... LVMH earnings highlight uneven recovery in ...
CAC 40 Drifts Lower As Luxury Stocks Drop After LVMH Reports …
2 days ago · LVMH reported that its 2024 net profit was 12.550 billion euros, down 17% from 15.174 billion euros last year. Profit from recurring operations was 19.571 billion euros, a drop of 14%.
Business - LVMH sales beat expectations as CEO Bernard Arnault …
2 days ago · Luxury group LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. ... the US Federal Reserve is meeting this week for the first time since Trump's ...
French government: LVMH is pride of country but we understand …
2 days ago · The Federal Reserve will probably keep its distance from the DeepSeek saga during its policy meeting this week, but the U.S. central bank has good reason to keep very close tabs on any artificial ...
FTSE 100 nudges higher ahead of Fed decision, LVMH loses some …
2 days ago · LVMH reported net income of €12.6 billion, down 17% from €15.2 billion a year prior / Image source: Adobe Stock prices in London and Frankfurt opened higher on Wednesday, while Paris blue-chips fell amid weaker trade for luxury firms, as investors await a Federal Reserve interest rate decision.
European stocks mixed; LVMH results weigh on CAC 40
2 days ago · Investing.com - European stock markets traded in a mixed fashion Wednesday, with investors digesting a series of major corporate results ahead of the conclusion of the latest Federal Reserve policy-setting meeting. At 06:55 ET (11:55 GMT), the DAX index in Germany gained 0.8%, the FTSE 100 in the UK rose 0.4%, while the CAC 40 in France slipped ...
LVMH sales growth raises hope for end to luxury downturn
2 days ago · LVMH said it would maintain its dividend this year, paying investors €13 per share. Guiony leaves his role on February 1 after two decades as finance chief, to take over at Moët Hennessy ...
LVMH Results Prompt $70 Billion Buying Spree in Luxury Shares
Jan 26, 2024 · PARIS (Reuters) -Investors dived back into top luxury shares on Friday, adding some $70 billion to their market value as LVMH's latest sales figures reassured investors about the sector's...
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