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LVMH Moët Hennessy Louis Vuitton S.E. (MC.PA)
| Previous close | 804.00 |
| Open | 804.10 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 792.60 - 808.80 |
| 52-week range | 644.00 - 904.60 |
| Volume | |
| Avg. volume | 339,348 |
| Market cap | 398.036B |
| Beta (5Y monthly) | 0.99 |
| PE ratio (TTM) | 26.29 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 13.00 (1.62%) |
| Ex-dividend date | 23 Apr 2024 |
| 1y target est | N/A |
- Reuters
Arnault heirs join LVMH board, tightening family hold
PARIS (Reuters) -Two of LVMH Chairman and CEO Bernard Arnault's sons and heirs were named to the board of the luxury goods conglomerate on Thursday, reinforcing the family's hold on the sprawling empire which spans fashion, jewellery and hotels. Shareholders approved the nominations of Alexandre Arnault, 31, and Frederic Arnault, 29, who joined their older siblings, Delphine Arnault, 49 and Antoine Arnault, 46. Bernard Arnault, 75, has recently reshuffled the top ranks of management at LVMH, but showed no signs of stepping back, saying in January that he didn't intend to leave in the near or medium term.
- The Telegraph
World faces permanently higher interest rates, warns Bank of England official
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.
- Yahoo Finance Video
ASML Holding, United Airlines, LVMH: Trending tickers
ASML Holding (ASML) shares are trading lower at Wednesday's market open after the company reported weaker-than-expected net sales in the first quarter. The Dutch semiconductor equipment manufacturer is suffering from slowing demand, but it has reiterated its 2024 outlook as it anticipates a recovery. United Airlines (UAL) shares are trading higher after the company reported first quarter results that topped estimates, reporting a revenue beat and a narrower-than-expected loss. This positive performance comes despite the company recording a loss in the quarter due to the grounding of its Boeing fleet. LVMH (MC.PA) shares are trading higher despite a slowdown in luxury spending. As consumers have become more price-conscious amid rising inflation, the luxury brand conglomerate experienced a hit to its quarterly revenue in the first quarter. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
