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Reuters - 6 days ago

Zara owner Inditex sees early autumn sales perk up after summer slowdown

UPDATE 3-Zara owner Inditex sees early autumn sales perk up after summer slowdown Company reports 10% rise in first-half profit Shares outperform with rise of 4% on results Wet, cold weather in early summer hampered sales August, Sept. sales up 11% so far, outpacing 7.2% in first half Recasts lead; adds shares paragraph 2, CEO paragraphs 6,8,9 analysts' quotes, detail throughout By Corina Pons MADRID, Sept 11 (Reuters) - Zara owner Inditex ITX.MC reported a jump in sales of its autumn/winter col

Reuters - 1 week ago

Inditex sales growth forecasts dampened by rain in Spain

Inditex sales growth forecasts dampened by rain in Spain Bad weather hits Inditex's June sales in Spain Inditex's sales growth likely improved in July -analysts Q2 sales expected to rise 7% -LSEG analyst poll Analysts expect first-half profit to rise 10% By Corina Pons MADRID, Sept 10 (Reuters) - Expectations of bumper second quarter sales growth at Zara owner Inditex ITX.MC have been dashed by a wet and cold June in its biggest market of Spain, analysts and investors said ahead of earnings due

Reuters - 2 weeks ago

Antofagasta, Colonial, and Hill & Smith

EUROPE RESEARCH ROUNDUP-Antofagasta, Colonial, and Hill & Smith Sept 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Antofagasta, Colonial and Hill & Smith, on Friday. HIGHLIGHTS * Antofagasta ANTO.L : Barclays cuts target price to 1,600p from 1,660p * Colonial COL.MC : Jefferies raises to buy from hold * Hill & Smith HILS.L : Berenberg raises target price to 2,500p from 2,350p * Melrose Industries MRON.L : Morgan Stanley initiat

Reuters - 2 weeks ago

FTSE 100 slides for fifth session as pharma shares drop

UPDATE 1-FTSE 100 slides for fifth session as pharma shares drop For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.3%, FTSE 250 down 0.2% UK construction growth slows despite housing drive ASOS soars as it sees core profit at top end of expectations Pharma shares mark biggest one-day fall in near seven months Updated at 1547 GMT By Khushi Singh Sept 5 (Reuters) - Britain's benchmark FTSE 100 stock index ended lower on Thurs

Reuters - 2 weeks ago

Buybacks to the rescue

LIVE MARKETS-Buybacks to the rescue STOXX 600 down 0.1% Utilities, real estate lead Nasdaq futures edge lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BUYBACKS TO THE RESCUE Barclays has looked into how corporate stock buying has played out in shaping the roller-coaster moves of last month and found buybacks have likely provided impulse to the rebound in European stocks.

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