Deutsche Bank analyst Adam Cochrane maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report) today and set a price

In a report released today, Zuzanna Pusz from UBS maintained a Buy rating on Compagnie Financiere Richemont SA (CFR – Research Report), with a

The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands include Cartier and Montblanc,

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Bank of America and Morgan Stanley are due to report earnings. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

The drop in Apple shares Thursday broke a three-day winning streak for the S&P, despite big banks posting upbeat earnings.

EUROPEAN shares rose nearly 1 per cent on Thursday, with luxury stocks boosted by Richemont’s upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit. Read more at The Business Times.

Secondary market watch price trackers including the Subdial Bloomberg index and Chronopulse by Chrono24 are showing prices bottoming-out in October last year and bumping along the bottom or rising slightly in the three months since.

Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.

Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses. Bank of America CEO Brian Moynihan said the bank turned in a "strong" fourth quarter. The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.

The British 10-year gilt yield retreated for the second day, letting the British government breath a sigh of relief – especially after yesterday’s GDP data showed that the UK economy hasn’t expanded – at all – under the new Labour government.