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European shares fall, led by luxury sector, utilities

UPDATE 2-European shares fall, led by luxury sector, utilities For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Burberry drops on CEO exit, profit warning ECB President Christine Lagarde to speak later in the day Ocado falls after brokerage downgrade STOXX 600 down 1% Updated at 1600 GMT By Shristi Achar A and Shashwat Chauhan July 15 (Reuters) - European shares drifted lower on Monday after dour updates from luxury companies weighed on t
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Tomtom shares slide after Q2 EBIT miss, trimmed outlook

BUZZ-Tomtom shares slide after Q2 EBIT miss, trimmed outlook ** Shares in TomTom TOM2.AS fall 4.5% after the digital mapping specialist suspended 2025 targets, cut 2024 expectations and reported wider than expected Q2 operating loss due to weakness in the automotive sector ** It expects 2024 revenue to come in at the lower end of its earlier guidan
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European futures lower as traders assess Trump shooting

LIVE MARKETS-European futures lower as traders assess Trump shooting 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 EUROPEAN FUTURES LOWER AS TRADERS ASSESS TRUMP SHOOTING Stock futures in Europe are lower on Monday, as traders weigh up what the attempted assassination attempt on U.S.
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TomTom suspends 2025 targets as weak car demand hits sales

UPDATE 3-TomTom suspends 2025 targets as weak car demand hits sales Adds detail, share price and CFO comment, paragraphs 3,6,7,8,11 By Mathias de Rozario and Leo Marchandon July 15 (Reuters) - Digital mapping specialist TomTom TOM2.AS suspended its revenue target for 2025 and trimmed its expectations for this year on Monday as weak demand for new cars weighs on its automotive location technology business.
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TomTom suspends 2025 targets after wider Q2 operating loss

TomTom suspends 2025 targets after wider Q2 operating loss July 15 (Reuters) - Digital mapping specialist TomTom TOM2.AS reported a wider than expected second-quarter operating loss on Monday, hit by lower revenue in its automotive location technology and consumer divisions, and suspended its outlook for 2025. The Amsterdam-based company said it would not meet its 2025 guidance, and that it would provide new targets for next year when it reports 2024 full-year results.
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