Compagnie financiere Richemont SA ADR News
BofA Names Zoom, Devon Energy as Best of Breed Stocks
'Best of Breed stocks are typically companies with strong management, balance sheets, earnings growth, and cash flow,' BofA said.
Dow Futures Slide, Global Stocks Retreat Amid Concern for China Virus Outbreak
The outbreak of a deadly respiratory virus in China, which has claimed the lives of at least four people, has investors concerned for a SARS-like outbreak in the region ahead of this week's Lunar New Year celebrations, sending stocks lower in markets around the world.
Luxury Goods Stocks Slump as Apple China Warning Ripples Through Markets
European-listed luxury goods stocks tumbled Thursday as investors worried that Apple Inc.'s surprise revenue warning, which it blamed on slowing China sales, signaled weaker consumer spending in the world's second largest economy.
Global Stocks Steady as Trump Trade Talk Caution Keeps Markets in Check
President Trump expressed doubt that "spoiled" partners will agree to favorable trade deals as officials sit for a second day of U.S.-China talks in Washington.
Cartier owner Richemont Tempers Huge Six-Month Gain With Caution on Full Year
A 50% increase in six month profits was largely due to dire results a year earlier warned the maker of Panerai watches and Van Cleef & Arpels jewelry.
The New Series 3 Apple Watch Is Pounding Stock Prices of Swiss Watchmakers
Swiss watchmakers Swatch and Richemont fall in Wednesday trading as Tim Cook says Apple is now the leading watch vendor.
Richemont's Key Watchmaking Executive Calls Time After Less Than a Year With Group
Richemont's top watchmaking executive has resigned after working for the Swiss luxury group for less than a year, the company said Friday.
Swatch, Richemont Rise on Surprise Jump In Swiss Watch Exports
Swiss watch makers Swatch and Richemont gained in Thursday morning trading on news of a surprise jump in Swiss watch exports.
Target Stock Slides As Discounts Clip Margins, Sharply Trim Q2 Earnings
"While these inventory actions put significant pressure on our near-term profitability, we're confident this was the right long-term decision," said CEO Brian Cornell.
Taking Social Security? Retirees May Get a Big COLA Bump Up in 2023.
U.S. retirees may get a big benefit with the next Social Security cost-of-living adjustment for 2023.
Retail Sales Stall In July, But Core Spending Gains As Gas Prices Tumble
Core retail sales improved firmly in July, but the headline figure was essentially unchanged as gas prices tumbled from their June record highs.