European shares weighed down by disappointing corporate updates

European stocks declined after poor corporate updates and ahead of U.S. inflation data, while significant movements were seen in retail and energy sectors.

Adidas headquarters raided in years-long tax investigation, company says

Authorities raided Adidas AG's headquarters in Germany as part of a tax investigation covering October 2019 to August 2024, with expected minimal financial impact.

Germany stocks mixed at close of trade; DAX up 1.44%

Adidas shares rise on strong Q3 results

Adidas shares rose after solid Q3 sales growth, despite Yeezy-related challenges. Positive regional performance and reaffirmed guidance suggest strong outlook for 2024.

RBC sees an attractive earnings setup for Adidas

RBC Capital Markets finds Adidas AG stock attractive ahead of its Q3 2024 report. They expect strong revenue growth and have raised EBIT estimates and price targets.

Adidas stock could outperform in near term says Baird

Analysts from Baird express a short-term optimistic outlook for Adidas stock, citing strong brand momentum, key market performance, and potential catalysts despite longer-term concerns.

European shares rebound from dour week with central banks in focus

European markets bounced back as investors anticipated an ECB interest rate cut. Despite economic worries, major indexes rose, with travel and leisure sectors leading gains.