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Finance & Markets

Europe’s Luxury Giants Trade at Lowest Valuations in a Decade

Shares in Europe’s biggest luxury firms trade at the cheapest levels in more than a decade, with results from Hermès International SCA and LVMH Moët Hennessy Louis Vuitton SE dashing hopes that an industry slump will end anytime soon.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Hydro Q3 Net Profit, Adj. EBITDA Climb

(RTTNews) - Norsk Hydro ASA (NHYDY.PK, NHYKF.PK), a Norwegian aluminium and renewable energy firm, reported Friday significantly higher profit in its third quarter, mainly with increased revenues amid…

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