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Financial

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Financial

Louis Vuitton

LVMH Profit From Continuing Operations Flat in First Half

The French luxury conglomerates said group revenues rose 2.2 percent in the second quarter.

Consumer Confidence Unchanged in July

Looking ahead, there was a slight concern about the availability of jobs six months out.

Traders

Under Armour Misses, While Gap and Nordstrom Get Upgrades

Stocks are off to a muted start as Under Armour misses earnings estimates, while the Gap and Nordstrom are upgraded.

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Under Armour to Launch New Brand This Fall

Under Armour delivered a rare earnings miss and also said it was launching a new brand to reach a larger audience.

European Stock Markets Uneven in Midmorning Trading

Retail and luxury stocks were mostly down.

Vivarte Embarks on Fresh Debt Renegotiation

Stéphane Maquaire, chief executive officer of the ailing French retail group, has designated Hélène Bourbouloux to renegotiate its debt.

Traders

Deal Making Monday for G-III and Yahoo

It’s a deal making Monday as G-III Apparel buys Donna Karan and Verizon picks up Yahoo’s core assets.

European Stock Markets Edge Up in Midmorning Trading

Retail, luxury stocks also gain ground.

Death Toll in Munich Mall Shooting Stands at 8

Police have warned that the shooter or shooters could still be at large.