London 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.
Read moreWatches of Switzerland revenues tick higher; growth plans outlined
7th Nov 2023 09:35
(Sharecast News) - Watches of Switzerland surged on Tuesday as it reiterated full-year guidance, posted a jump in second-quarter revenue and outlined plans to more than double sales and profits by FY28.
Read moreRolex exposure has its risks for Watches of Switzerland, says Stifel
8th Sep 2023 09:04
(Sharecast News) - The significant exposure that Watches of Switzerland Group (WOSG) has to Rolex is both the group's main investment appeal and a key risk, according to broker Stifel which kicked off coverage of the stock with a 'hold' rating on Friday.
Read moreDirector dealings: Watches of Switzerland insiders buy dip, Woodside execs vest and sell
4th Sep 2023 11:29
(Sharecast News) - Watches of Switzerland Group had several entries on the list of director buys on Monday, after it made four separate disclosures to the market.
Read moreWatches of Switzerland tanks after Rolex buys Bucherer
25th Aug 2023 09:35
(Sharecast News) - Watches of Switzerland tanked on Friday after it emerged that Rolex was buying one of its key rivals, Bucherer, for an undisclosed sum.
Read moreWatches of Switzerland allays concerns as Rolex buys competitor Bucherer
25th Aug 2023 08:43
(Sharecast News) - Watches of Switzerland responded to concerns regarding the acquisition of Bucherer by Rolex on Friday, working to reassure shareholders of its continued access to stock.
Read moreFTSE 250 movers: Real estate stocks Savills and Derwent London sink
10th Aug 2023 15:01
(Sharecast News) - Shares in Savills plunged nearly 12% on Thursday after the real estate advisor said it is cutting its forecasts for the financial year after a tough first half which saw profits sink 72%.
Read moreLondon midday: Markets subdued ahead of US CPI data
10th Aug 2023 11:59
(Sharecast News) - Investors were keeping their powder dry on Thursday in London as stock markets chose to remain cautious ahead of a much-anticipated US inflation report later on.
Read moreLondon open: Tentative start for FTSE 100 as markets eye US data
10th Aug 2023 08:25
(Sharecast News) - The FTSE 100 edged higher in morning trade on Thursday, rising for the second straight session, though gains were limited as investors showed caution ahead of some all-important inflation figures from the US.
Read moreWatches of Switzerland Group posts in line Q1 sales, reiterates guidance
10th Aug 2023 07:40
(Sharecast News) - Watches of Switzerland Group posted in line first quarter sales and reiterated its full-year guidance amid "robust" demand for luxury watches.
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