We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America analysts said.
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora (DK ...
Bank of America and Morgan Stanley are due to report earnings. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Bank of America and Morgan Stanley are due to report earnings. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.
European companies are set to deliver a third straight quarter of profit growth, which may help to maintain newfound investor enthusiasm for the region despite political and economic turmoil and concerns over U.
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue of 23.
Europe’s Stoxx 600 index hit a record high for the first time since September, as investors grew optimistic that the harshest of threatened US tariffs may not be implemented.Most Read from BloombergTe
There was a rare positive economic surprise for the UK, the provisional January reading of PMI reports saw an increase in the manufacturing and service sector indices, and the composite index rose from 50.
Bank of America's fourth quarter rounded off a very healthy year for the bank in terms of growth. Learn why BAC stock is a Buy.
Bank of America is an advertising partner of Motley Fool Money. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bank of America and Berkshire Hathaway. The Motley Fool has a disclosure policy.
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.