London close: Stocks manage gains as BoE holds rates
9th May 2024 15:21
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read moreWatches of Switzerland buys Roberto Coin Inc for $130m
9th May 2024 07:28
(Sharecast News) - Watches of Switzerland Group said it had bought Roberto Coin Inc for $130m as it looks to expand into the luxury jewellery market.
Read moreRBC cuts Watches of Switzerland estimates on tough market dynamics
23rd Apr 2024 10:29
(Sharecast News) - RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.
Read moreLondon close: Stocks mixed ahead of Fed, BoE decisions
20th Mar 2024 16:53
(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.
Read moreDirector dealings: Watches of Switzerland chairman makes share purchase
9th Feb 2024 15:34
(Sharecast News) - Watches Of Switzerland Group revealed on Friday that chairman Ian Carter had acquired 50,000 ordinary shares in the London-listed watchmaker.
Read moreLondon close: Stocks slip as US jobless claims fall
8th Feb 2024 14:42
(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.
Read moreWatches of Switzerland Q3 revenues dip
8th Feb 2024 07:15
(Sharecast News) - Watches of Switzerland reported a dip in third-quarter revenues on Thursday as it said consumers in the UK and Europe were choosing to spend their disposable income on other categories such as fashion and beauty.
Read moreLondon close: Stocks turn lower on renewed interest rate concerns
5th Feb 2024 16:22
(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.
Read moreLondon close: Stocks mixed for third straight week of losses
19th Jan 2024 15:17
(Sharecast News) - London stocks ended the trading session on Friday with a dip in performance, after disappointing retail sales figures had a downward impact on the value of the pound.
Read moreLondon close: Stocks manage gains after deluge of updates
18th Jan 2024 15:14
(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.
Read moreWatches of Switzerland cuts revenue guidance amid 'volatile' trading
18th Jan 2024 07:43
(Sharecast News) - Shares in Watches of Switzerland tanked by more than a third on Thursday as the luxury timepiece seller slashed its annual revenue guidance on the back of slumping demand for its luxury products and forecast of volatile trading conditions for the rest of the fiscal year.
Read moreWatches of Switzerland H1 statutory profits fall
7th Dec 2023 08:28
(Sharecast News) - Swiss watches retailer Watches of Switzerland reported a sharp drop in interim statutory profits on Thursday amid softer consumer sentiment and a repositioning to full-price sales in the US.
Read moreLondon close: Stocks slip after mountain of broker notes
28th Nov 2023 15:30
(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.
Read moreHSBC cuts Burberry price target, lifts Watches of Switzerland
28th Nov 2023 08:15
(Sharecast News) - HSBC cut its price target on Burberry on Tuesday but lifted it for Watches of Switzerland as it took a look at the European luxury goods sector.
Read moreLondon close: Stocks turn higher on cooler US inflation report
14th Nov 2023 16:18
(Sharecast News) - London's stock markets had managed to turn positive by the close on Tuesday after a lower-than-expected inflation report from the United States boosted confidence while investors also mulled the latest UK jobs data.
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