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Commerzbank, Luxottica, PPR, Repsol: European Equity Preview external link

Rate   Bloomberg | Thu, May 7

Thu, May 7 PPR SA (PP FP): Chief Executive Officer Francois-Henri Pinault declined to give full-year earnings estimates for the owner of the Gucci brand, saying “visibility is low.” The shares dropped 2.26 euros, or 3.6 percent, to 60.93 euros. Puma AG (PUM GY): ...

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Puma AG, the second-largest European sporting-goods maker controlled by Paris-based PPR SA, said on Nov. 17 it expects to be profitable in the fourth ... and more »

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Rate PPR CEO: CFAO Proceeds For Other Projects, Not Puma -Report external link

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Rate Allianz, E.ON, K+S, Metro, MLP, Puma: German Equity Preview external link

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Puma AG (PUM GY): The athletic-shoe maker controlled by PPR SA is scheduled to hold its annual shareholders meeting. The company earlier this month said profit was almost wiped out as the company incurred costs to close stores and that the sportswear ...

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Rate German Stocks Fall, Led by Commerzbank; TUI Declines (Correct) external link

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Puma AG (PUM GY) fell 2.1 percent to 150.54 euros. The athletic-shoe maker, controlled by PPR SA, was cut to “sell” from “reduce” at Equinet AG, which said the company's first- quarter results “came in as a negative surprise.”

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Rate German Stocks Gain, Led by Banks, Allianz; ThyssenKrupp Rises external link

source: Bloomberg

Puma AG (PUM GY) dropped 5.2 percent to 153.52 euros after the sporting-goods company controlled by PPR SA reported first- quarter net income plunged 94 percent to 5.6 million euros, hurt by one-time expenses, and said market conditions are expected to ...

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Rate Adidas Falls as Net Misses Estimates; Plans Job Cuts external link

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Adidas fell 3.3 euros to 26.2 euros in Frankfurt, wiping out the stock's gains this year. Rivals Puma AG and Nike Inc. have added 16 percent and 8 percent in 2009, respectively. First-quarter sales declined 2 percent to 2.57 billion euros, ...

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Rate PPR Denies Selling Gucci Group, Bid For Puma external link

source: Wall Street Journal

PARIS (Dow Jones)--French retail-to-luxury group PPR SA (PP.FR) Wednesday denied that it is selling its luxury division Gucci Group and that it plans to take over German sportswear company Puma AG (PUM.XE). In a brief statement, PPR said it has asked ...

Published Wed, Apr 22

Source:  Bloomberg
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