L'Oreal SA
Europe markets open lower ahead of ECB decision; Siemens Energy jumps 12% on upgraded forecast
Hermès sales rise but narrowly miss analyst expectations A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images Luxury group Hermès reported higher revenue as U.S. sales grew strongly in the first quarter, though slightly missed analyst expectations. […]
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L’Oreal CEO plays down the impact of U.S. tariffs, says he’s ‘not overly concerned’
L’Oreal could avoid the worst of the tariff war with the U.S., the beauty giant’s CEO Nicolas Hieronimus, told CNBC, warning that the price impact could still hit consumers Hieronimus said he is “not overly concerned” over the impact of White House tariffs on L’Oreal, as the group produces most of its goods sold in […]
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Europe’s luxury sector is showing signs of revival — but China weakness and tariff threats loom
A Gucci luxury goods store in the Galleria Vittorio Emanuele shopping mall in Milan, Italy. Bloomberg | Bloomberg | Getty Images Europe’s troubled luxury sector is showing signs of revival after an upbeat earnings season. But continued weakness in China — and the prospect of U.S. tariffs — could leave even the most exclusive brands […]
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L’Oreal looks to U.S. ‘land of opportunity’ as China disappoints
L’Oreal global flagship store is seen on Nanjing Road on May 8, 2021 in Shanghai, China. Vcg | Visual China Group | Getty Images The world’s largest beauty group L’Oreal said Friday that it plans to become less dependent on the Chinese consumer for growth, instead targeting burgeoning opportunities in the U.S. market. “We see […]
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L’Oreal sales slightly miss in fourth quarter as China weakness persists
A woman view skin care products at L’Oreal booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. China News Service | China News Service | Getty Images French cosmetics giant L’Oreal on Thursday reported lower-than-expected sales in the fourth quarter […]
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Maersk jumps 7.5% on earnings beat, Volvo Cars retreats 6% amid warnings of market challenges
Danish brewer Carlsberg slightly misses on fourth-quarter sales, points to slower growth in 2025 Danish brewer Carlsberg on Thursday reported a slight miss in fourth-year sales and pointed to lower growth in 2025. The company posted fourth-quarter sales to 15.72 Danish kroner ($2.18 billion), coming in just below the 15.79 billion Danish kroner estimated by analysts in […]
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European stocks close lower as traders focus on earnings and bond yields
Canada’s central bank cuts interest rates by 50 basis points Canada’s central bank on Wednesday took a big step in easing monetary policy by cutting its key benchmark rate by 50 basis points to 3.75%. The Bank of Canada said it expects the global economy to expand at a rate of about 3% over the […]
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Barclays names 5 global stocks that could benefit from China’s stimulus — giving one over 100% upside
Barclays has identified a handful of European stocks poised to benefit from China’s anticipated economic stimulus measures. Investors have been closely watching for signs of government intervention as the world’s second-largest economy grapples with slowing growth and weak domestic demand. Earlier this week, the People’s Bank of China (PBOC) surprised markets by announcing plans to cut […]
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French stocks experience even worse to occur from political chance, Goldman strategists say
French shares are likely to take a additional beating from political possibility in the weeks and months forward, but the influence will be centered in specific areas, according to strategists at Goldman Sachs. Blue-chip stocks on Paris’s CAC 40 index past 7 days logged their worst effectiveness considering the fact that March 2022, tumbling additional […]
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From banks to magnificence: Fund manager says AI is supplying these businesses ‘phenomenal’ uplift
Synthetic intelligence has taken the world by storm, with Major Tech gamers Amazon , Nvidia , Meta and Microsoft among the investors’ favorites to engage in the concept. Liontrust Asset Management’s Clare Pleydell-Bouverie is searching over and above the headline-makers, on the other hand, to other companies set to get from AI adoption. She said […]
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