MC.PA - LVMH Moët Hennessy Louis Vuitton S.E.
| Previous Close | 255.85 |
| Open | 248.90 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 248.00 - 253.85 |
| 52 Week Range | 232.50 - 313.70 |
| Volume | 836,436 |
| Avg. Volume | 779,920 |
| Market Cap | 126.538B |
| Beta (3Y Monthly) | 1.30 |
| PE Ratio (TTM) | 21.14 |
| EPS (TTM) | 11.92 |
| Earnings Date | Jan 23, 2019 - Jan 28, 2019 |
| Forward Dividend & Yield | 5.40 (2.16%) |
| Ex-Dividend Date | 2018-12-04 |
| 1y Target Est | 321.46 |
Reuters Videos•18 hours agoLouis Vuitton makes surprise bid on luxury hotels
LVMH has agreed to buy the Belmond luxury hotel chain, marking a big expansion of a previously niche hotels business for the Louis Vuitton parent. Julian Satterthwaite and Lisa Jucca reports.
- Yahoo Finance•19 hours ago
Merck’s $2.3B deal, Costco disappoints, CBS settles retaliation claim
Merck, Costco, CBS and LVMH are the companies to watch.
- The Wall Street Journal•10 hours ago
[$$] LVMH Seals $2.6 Billion Deal for Hotel Operator Belmond
French luxury-goods company LVMH Moët Hennessy Louis Vuitton SE said Friday it has agreed to acquire Belmond Ltd., a London-based owner and operator of high-end hotels around the world. LVMH agreed to pay $25 a share in cash for Belmond, a transaction that values the company’s equity at around $2.6 billion. Belmond’s enterprise value, including debt, is about $3.2 billion.
- Reuters•12 hours ago
LVMH splashes out on luxury hotels with $3.2 billion Belmond deal
Luxury goods maker LVMH (LVMH.PA) has agreed to buy Belmond (BEL.N), the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profile in upmarket hospitality. LVMH, the firm behind fashion labels Louis Vuitton and Christian Dior, already has hotels including the Cheval Blanc in the prestigious Courchevel ski resort in the French Alps, as well as Bvlgari hotels. The Belmond deal is LVMH's largest since it spent 4.3 billion euros in 2011 to buy Bvlgari and 6.5 billion euros in 2017 to gain full control of Christian Dior.
- Reuters•18 hours ago
European shares on track for worst quarter since 2011
European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European benchmark on course for its worst quarter since 2011. The euro zone STOXX 600 index ended the day down 0.72 percent and on course for a 9.5 percent loss on the quarter. A summit in Brussels where European Union leaders told British Prime Minister Theresa May they would not be renegotiating the Brexit agreement did little to lift the mood.
- Motley Fool•18 hours ago
Why Belmond Ltd's Shares Jumped 40% Today
A buyer has come knocking on Belmond's door.
Reuters•19 hours agoLVMH splashes out on luxury hotels with $3.2 billion Belmond deal
Luxury goods maker LVMH (LVMH.PA) has agreed to buy Belmond (BEL.N), the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profile in upmarket hospitality. LVMH, the firm behind fashion labels Louis Vuitton and Christian Dior, already has hotels including the Cheval Blanc in the prestigious Courchevel ski resort in the French Alps, as well as Bvlgari hotels. The Belmond deal is LVMH's largest since it spent 4.3 billion euros in 2011 to buy Bvlgari and 6.5 billion euros in 2017 to gain full control of Christian Dior.
- TheStreet.com•20 hours ago
LVMH's Purchase of Belmond Sends Hotel Chain's Shares Through the Roof
Belmond is the owner, part-owner or manager of 46 luxury hotels, restaurant, trains and river cruise properties.
- Barrons.com•20 hours ago
Costco Crumbles, Starbucks Sinks and 7 More Stocks Making Friday Morning Moves
Everyone’s worried about a recession, and while it is too early to jump to that conclusion, this morning offered data out of China and Europe that confirmed what we already know—the pace of global economic growth is slowing. What’s most surprising is that Dow Jones Industrial Average futures are down just 216 points, or 0.9%, this morning. (BHC) (BHC), the company formerly known as Valeant Pharmaceuticals International, has gained 2.7% to $24.30 after getting upgraded to Buy from Neutral at H.C. Wainwright.
- The Wall Street Journal•20 hours ago
[$$] Louis Vuitton's Owner Takes the Grand Tour
fashion brands, sees the future of luxury in hotels as much as handbags. , is paying $3.2 billion including debt for Belmond, a New-York listed company that owns Hotel Cipriani in Venice and the '21' Club in New York, and sells $3,000 overnight tickets on the Orient Express. Travel and luxury “experiences” are a priority for LVMH—seemingly a higher one than high-end fashion.
- Business Wire•21 hours ago
LVMH Reaches an Agreement with Belmond to Increase Its Presence in the Ultimate Hospitality World
LVMH Moët Hennessy Louis Vuitton , the world’s leading luxury group and Belmond Ltd. , owners, part-owners or managers of 46 luxury hotel, restaurant, train and river cruise properties, today jointly announced that they have entered into a definitive agreement for LVMH to acquire Belmond.
Bloomberg•yesterdayLVMH Pays Up for a Luxury Holiday. It's Worth It
LVMH, the world's largest luxury goods group, already owns the Bulgari and Cheval Blanc hotel chains, but adding Belmond significantly increases its exposure to hospitality and gives it a portfolio of trophy assets.
- Financial Times•yesterday
[$$] LVMH to buy hotel group Belmond in $3.2bn takeover
The London-based owner of the Hotel Cipriani in Venice and the Orient Express train service is being acquired by LVMH for $3.2bn including debt, marking a return to dealmaking by the world’s largest luxury group by revenues. The acquisition of Belmond boosts the hotel portfolio of LVMH, which already has Cheval Blanc hotels in Courchevel, the Maldives, Saint-Barthélemy and Paris as well as owning Bulgari Hotel and Resorts. Belmond operates in 24 countries and its hotels include the Copacabana Palace in Rio de Janeiro and Hotel Splendido in Portofino.
- Bloomberg•yesterday
LVMH Inks $2.6 Billion Deal to Buy ‘21’ Club Operator Belmond
The French luxury giant agreed to buy Belmond Ltd., owner of New York’s ‘21’ Club and high-end resorts around the world. The transaction is LVMH’s largest since taking full control of Christian Dior for more than $7 billion last year and pushes the company further into services amid rising concern about the sustainability of the Chinese demand that’s driven fashion industry growth. LVMH agreed to pay $25 a share in cash for London-based Belmond, a 42 percent premium over its closing price in the U.S. on Thursday.
