BRIEF-LVMH CFO: When It Comes To M&A, Not Ruling It Out, But "Far From Easy" As Bid-Ask Gap Tends To Widen During Downturn-March 2024-www.financetom.com

BRIEF-LVMH CFO: When It Comes To M&A, Not Ruling It Out, But "Far From Easy" As Bid-Ask Gap Tends To Widen During Downturn

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-LVMH CFO: When It Comes To M&A, Not Ruling It Out, But "Far From Easy" As Bid-Ask Gap Tends To Widen During Downturn

Oct 15, 2024 11:29 AM

Oct 15 (Reuters) - LVMH Moet Hennessy Louis Vuitton SE

CFO Jean-Jacques Guiony tells analysts on a call after

reporting third quarter sales:

* WILL CONTINUE TO RENOVATE TIFFANY RETAIL SPACE INTO NEXT

YEAR,

HAVE ONLY RENOVATED 25% OF SPACE

* WHEN IT COMES TO M&A, NOT RULING IT OUT, BUT "FAR FROM

EASY" AS

BID-ASK GAP TENDS TO WIDEN DURING DOWNTURN

Source text for Eikon:

Further company coverage:

Previous page： Nixxy's Acquisition Spree Heats Up: Shoots For $1B Valuation Next page： Altius Minerals Edging Up Even As It Expects to Report Total Attributable Royalty Revenue For Q3 Lower Than a Year Ago

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Nixxy's Acquisition Spree Heats Up: Shoots For $1B Valuation

Oct 17, 2024

Nixxy, Inc. ( NIXX ) shares rocketed on Thursday after the company provided updates on its business. This includes acquisition strategy in traditional markets and enhancing operations through technology and data analytics. Nixxy’s strategy involves acquiring established standalone businesses demonstrating stable operations and profitability. The company aims to acquire businesses with annual net revenues between $10 million and $100 million...

Altius Minerals Edging Up Even As It Expects to Report Total Attributable Royalty Revenue For Q3 Lower Than a Year Ago

Oct 17, 2024

10:57 AM EDT, 10/17/2024 (MT Newswires) -- Altius Minerals ( ATUSF ) was edging up early Thursday after saying it expects to report third quarter 2024 attributable royalty revenue of $16.6 million. This compares with $17.8 million royalty revenue last year, which included revenue from thermal (electrical) coal. In summary, it sees base and battery metals (primarily copper) revenue of...

Morgan Stanley Unusual Options Activity For October 17

Oct 17, 2024

Deep-pocketed investors have adopted a bearish approach towards Morgan Stanley ( MS ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MS usually suggests something big is about to happen. We gleaned this information...

Cheniere Energy moves closer to starting new Texas LNG export operation

Oct 17, 2024

HOUSTON, Oct 17 (Reuters) - Cheniere Energy moved one step closer to producing first liquefied natural gas from a Corpus Christi, Texas, expansion project on Thursday after it received permission from federal regulators to put a supply line into operation. Cheniere is the largest U.S. LNG exporter and the world's second largest producer of the superchilled gas. The company has...