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Time to go idiosyncratic on luxury - BofA

LIVE MARKETS-Time to go idiosyncratic on luxury - BofA STOXX 600 down 0.2% Oil stocks rally, Brent up $2 Airlines fall, defence rises Wall Street futures down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com TIME TO GO IDIOSYNCRATIC ON LUXURY - BofA Luxury names have rallied across the board on hopes for China stimulus, but it's time to start getting more specific, at least accord
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GS doubtful China stimulus will boost spending near term, cuts Kering

BUZZ-GS doubtful China stimulus will boost spending near term, cuts Kering ** Goldman Sachs says it is unlikely that China stimulus measures will positively impact high-end spending near-term and cuts its rating on Gucci owner Kering PRTP.PA ** Kering's shares, which rose 17% until Friday's close since the stimulus was announced, are down around 2.
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ASM International, Burberry, LVMH

EUROPE RESEARCH ROUNDUP-ASM International, Burberry, LVMH Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASM International, Burberry and LVMH on Tuesday. HIGHLIGHTS * ASM International ASMI.AS : Stifel cuts target price to EUR 740 from EUR 800 * Burberry Group BRBY.L : HSBC raises target price to 770p from 690p * Carlsberg CARLb.CO : Jefferies cuts target price to DKK 1,000 from DKK 1,100 * LVMH LVMH.PA : HSBC raises target p
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Swiss stocks - Factors to watch on October 1

Swiss stocks - Factors to watch on October 1 ZURICH/GDANSK, Oct 1 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday: COMPANY STATEMENTS SFS Group AG SFSN.S - SFS Acquires Leading Slovenian Distribution Partner In Construction Industry ANALYSTS' VIEWS COMPAGNIE FINANCIERE RICHEMONT CFR.S - HSBC RAISES TARGET PRICE TO CHF 150 FROM CHF 140 SWATCH UHR.S - HSBC RAISES TARGET PRICE TO CHF 200 FROM CHF 170 ECONOMY Swiss August retail sales due at 0630 GMT.
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Swatch stocks gain again as CEO says delisting speculation nothing new

Swatch stocks gain again as CEO says delisting speculation nothing new ZURICH, Sept 27 (Reuters) - Shares in Swatch Group UHR.S made further gains on Friday on speculation the Swiss watchmaker could be taken private even though CEO Nick Hayek played down his earlier comments, saying there was nothing new on the issue. Shares in the maker of Omega, Tissot and Longines watches jumped as much as 16% on Thursday after Swiss magazine Bilanz published a preview of an interview with Hayek.
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