Movado Group Q2 Net Profit Rises; Trims FY23 Net Sales Outlook

Movado Group Q2 Net Profit Declines; Trims FY23 Net Sales Outlook

Luxury watch maker Movado Group, Inc. (MOV) reported Thursday that net income attributable to Movado for the second quarter declined to $8.05 billion or $0.36 per share from $24.0 million or $1.05 per share in the prior-year quarter.

RTTNews | 701 วันที่ผ่านมา

European Stocks Close Lower On Trade Deal Concerns, Some Weak Earnings Updates

European stocks closed broadly lower on Friday, weighed down by concerns about the progress of trade negotiations, and some disappointing earnings updates. Investors also digested a slew of economic data from the region.

RTTNews | 5 นาทีที่ผ่านมา

Russia Slashes Interest Rates Again On Easing Price Pressures

Russia's central bank lowered the key interest rate massively for a second policy session in a row on Friday after policymakers assessed that inflationary pressures are declining and the economy is on a return to balanced growth.

RTTNews | 3 ชม. 7 นาทีที่ผ่านมา

Bay Street Seen Opening With Negative Bias

Canadian shares are likely to open with a slightly negative bias Friday morning, weighed down by uncertainty about tariffs, and lower bullion prices. Investors are also likely to react to earnings updates. The market is likely to move in a tight range for much of the day's trading session.

RTTNews | 4 ชม. 16 นาทีที่ผ่านมา

UK Retail Sales Rebound As Warm Weather Boosts Spending

UK retail sales recovered in June as warm weather boosted consumer spending but consumer sentiment weakened amid fears of possible tax rate hikes, data showed Friday. Retail sales grew 0.9 percent on a monthly basis, in contrast to the revised 2.8 percent drop in May, the Office for National Statistics reported. However, this was weaker than economists' forecast of 1.2 percent gain.

RTTNews | 4 ชม. 34 นาทีที่ผ่านมา

FTSE 100 Sheds Ground After Six-day Winning Streak

After posting gains in the previous six sessions, the U.K. market is down in negative territory on Friday with data showing a less than expected increase in retail sales, and a drop in consumer sentiment weighing on stocks.

RTTNews | 4 ชม. 47 นาทีที่ผ่านมา

Volkswagen Stock Up On Volume Growth, Despite Weak Q2 Profit, Outlook Cut

Shares of Volkswagen Group were gaining around 4 percent in the German trading after the automajor reported Friday slightly higher sales volume in the second quarter, even though profit and revenues were lower and the firm trimmed fiscal 2025 outlook. The latest results were hit partly by higher sales of lower-margin all-electric models, as well as increased US import tariffs and restructuring...

RTTNews | 6 ชม. 12 นาทีที่ผ่านมา

CAC 40 Pares Early Losses, Up Marginally

French stocks are a bit subdued in cautious trade on Friday amid a few disappointing earnings updates, and some uncertainty about U.S.-EU trade deal ahead of the August 1 deadline.

RTTNews | 6 ชม. 22 นาทีที่ผ่านมา

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Movado Group Q2 Net Profit Rises; Trims FY23 Net Sales Outlook