Sebastien Foll

Gap slips, Jefferies worries about Old Navy

Gap is sharply lower Wednesday on the New York Stock Exchange following the publication of a Jefferies research note raising concerns about the performance of its Old Navy unit, which accounts for more than half of the apparel group's sales.

August 12, 2026 at 10:09 am EDT

Beiersdorf hit by Berenberg's pessimism

Beiersdorf shares are among the worst performers in the DAX 40 index on Wednesday on the Frankfurt Stock Exchange, after Berenberg cut its target on the stock due to concerns about the turnaround strategy being led by Nivea, the group's flagship brand. At 3 p.m., the shares are down 0.8% at €79.1, compared with a 0.5% gain for the DAX 40 at the same time.

August 12, 2026 at 08:59 am EDT

Ryanair teams up with Google to roll out cloud and AI tools

Ryanair said on Wednesday it will partner with Google under a five-year deal to deploy the US tech giant's Google Workspace and Google Cloud suite tools to its 35,000 employees.

August 12, 2026 at 06:11 am EDT

Luxury sector consolidates, Deutsche Bank strikes a cautious tone

Luxury stocks are under pressure this Wednesday on the Paris stock exchange, following cautious comments from Deutsche Bank analysts, who lament the lack of new catalysts for the sector after a fairly successful second-quarter earnings season.

August 12, 2026 at 04:32 am EDT

Europe on alert as investors await US inflation

Europe's main stock markets are expected to edge lower at the open on Wednesday, but without much conviction, with caution prevailing amid questions about the pace of inflation in the United States and what it could mean for monetary policy. At this point in the day, index futures point to a drop of less than 0.1% for the CAC 40 in Paris at the open, broadly flat readings for the DAX in Frankfurt and the Euro STOXX 50, and a decline of around 0.2% for the FTSE 100 in London.

August 12, 2026 at 02:33 am EDT

Intel raises $20bn, New Street sees a 'positive but ambiguous' signal

New Street Research on Tuesday maintained its 'neutral' rating on Intel with an unchanged price target of $115, saying the $20bn capital increase completed by the chipmaker substantially reduces execution risks tied to its multi-year investment plan.

August 11, 2026 at 11:42 am EDT

RTL raises its 2026 revenue target

RTL Group on Tuesday raised its revenue target for 2026, supported by the positive impact of the Sky Deutschland integration, completed on June 1.

August 11, 2026 at 05:18 am EDT

Under Armour hits a two-month low, UBS cuts its valuation

Under Armour shares returned to two-month lows on Monday on the New York Stock Exchange following a target-price cut from UBS, which lowered its valuation to reflect the impact of deteriorating economic conditions.

August 10, 2026 at 10:23 am EDT

Berenberg raises its price target on L'Oreal

Berenberg on Monday reiterated its buy rating on L'Oreal, while lifting its price target to €442 from €435, citing the strong operating performance delivered by the world's leading beauty group in the first half of 2026.

August 10, 2026 at 04:55 am EDT

Berenberg Sticks With Buy on Gecina, but Cuts Target

Berenberg reiterated its buy recommendation on Gecina on Monday while cutting its price target to €92 from €95, citing what it sees as uncertainty surrounding the property group's business outlook.

August 10, 2026 at 04:23 am EDT

Goldman Sachs boosts its stake in Pernod Ricard, tops 5%

Goldman Sachs said on Thursday that it had crossed above the 5% threshold in Pernod Ricard's share capital following an off-market share purchase.

July 30, 2026 at 11:37 am EDT

Altria misses 2nd-quarter consensus, shares stumble

Altria Group posted quarterly results on Thursday that fell short of consensus expectations, as costs rose at a faster pace than sales, sending the stock sharply lower early in the Wall Street session.

July 30, 2026 at 10:45 am EDT

Pfizer unveils positive vitiligo results

Pfizer on Thursday unveiled positive results from two phase 3 studies of Litfulo, a vitiligo treatment, a skin disease that causes depigmentation in certain areas of patients' bodies.

July 30, 2026 at 09:32 am EDT

Ferrari raises its forecast after a better-than-expected second quarter

Ferrari said Thursday that it has raised its full-year guidance after a better-than-expected second quarter, driven in particular by the ramp-up in vehicle personalization, a business that boosts profit margins.

July 30, 2026 at 08:49 am EDT

German growth a bit stronger than expected in the second quarter

Growth in the German economy reached 0.2% in the second quarter, a slightly faster pace than expected, as strong exports allowed Europe's largest economy to offset weak consumption and investment spending, according to an initial estimate published Thursday by the Federal Statistical Office.

July 30, 2026 at 04:28 am EDT

Between the Fed, earnings and data, Europe does not know which way to turn

Europe's main stock markets do not really seem to know which direction to take on Thursday morning, hit at once by the recent renewed tensions in the Middle East and the hard-to-read message delivered last night by the Fed, in markets that are also busy digesting the latest avalanche of earnings releases.

July 30, 2026 at 02:32 am EDT

VFC hits an eight-month low, Vans turnaround still fails to show up

VF Corporation, owner of The North Face, Timberland and Dickies, is down 17% on the New York Stock Exchange, its higher annual targets more than offset by uncertainty surrounding the turnaround of its flagship asset, Vans.

July 29, 2026 at 11:30 am EDT

SMCP stands out on the stock market, growth re-accelerates in Q2

SMCP, owner of the ready-to-wear brands Sandro, Maje and Claudie Pierlot, is up more than 21% on Wednesday on the Paris stock exchange after reporting a re-acceleration in sales growth in Q2 and reaffirming its full-year targets.

July 29, 2026 at 10:47 am EDT

GE HealthCare delivers a pleasant surprise with its second-quarter order intake

GE HealthCare Technologies reported better-than-expected second-quarter results on Wednesday, a release that also featured solid order intake over the period, sending the stock up more than 10% in premarket trading.

July 29, 2026 at 08:23 am EDT

Reckitt picks up the pace in Q2, shares rise

Reckitt reported on Wednesday that its organic growth accelerated in the second quarter, encouraging news for the British consumer goods group, whose stock posted the second-strongest gain in London's FTSE 100 index in the immediate aftermath.

July 29, 2026 at 06:13 am EDT

Wait-and-see mode caps moves ahead of the Fed, a fresh wave of earnings

Europe's major stock markets are expected to open virtually unchanged on Wednesday morning, with investors clearly avoiding new positions just hours before the closely watched Federal Reserve decisions, while they also continue to digest a barrage of corporate earnings. Futures on the main indices across the Old Continent are currently pointing to an open very close to the prior day's close. In Paris, the CAC 40 is heading for a 0.2% gain, but Frankfurt's DAX and the Euro STOXX 50 are showing theoretical declines of about 0.2%.

July 29, 2026 at 02:31 am EDT