- Informa is separating Taylor & Francis and acquiring Clarion Events, funded partly by a GBP 940 million equity issue.
- AJ Bell analyst says separation leaves Informa more exposed to economic swings.
- Bernstein says Informa could have negotiated a better financing structure for Clarion.
- Julius Baer expects one final 25bp Fed rate hike in December, followed by an extended pause.
- Equita SIM expects LVMH Q3 organic revenue growth of 0.4%, down from 3% in Q2.
- JPMorgan expects luxury sector slowdown in Q3 with greater brand polarization; favors Richemont, Brunello Cucinelli, Ermenegildo Zegna; sees pressure on soft luxury items.
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