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Schlumberger’s stock gains as profit tops expectations, to offset a revenue miss18/10/2024
Procter & Gamble’s stock gains as profit beat, steady outlook offset a sales miss18/10/2024
CVS Health’s stock tumbles 10.5% after company again lowers guidance and names new CEO18/10/2024
Travelers’ stock leaps further into record territory as earnings triple, profitability improves17/10/2024
Globe Life targeted by ‘unknown threat actor’ in extortion attempt17/10/2024
Small-cap biotech Jaguar Health’s stock jumps 4% as it launches gelclair treatment for oral mucositis in cancer patients16/10/2024
Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook16/10/2024
Verisk estimates insured losses to onshore property from Hurricane Milton will range from $30 billion to $50 billion16/10/2024
Ingram Micro sets IPO terms, which could value the IT company at $5.4 billion15/10/2024
Albertsons’ stock climbs on Q2 earnings and revenue beat15/10/2024

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A Gilded Age is Fading for Luxury Brands

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A Gilded Age is Fading for Luxury Brands

October 11, 2023

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The latest results from Louis Vuitton owner LVMH show that luxury shoppers are sobering up after years of heavy spending.

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