LVMH ‘suspends Hennessy China bottling plan' [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
NASDAQ:AMEX Investor Relations:
lvmh.com/investors
Company Research
Source: Yahoo! Finance
According to specialist French news site Terre de Vins , the luxury-goods group has halted the plan, drawn up in response to tariffs imposed by China but which has sparked anger in the Cognac region. Just Drinks has approached LVMH, its Moët Hennessy wine-and-spirits division and the Hennessy Cognac business for comment. A source at the FGTA-FO trade union told this publication LVMH had “suspended its test”, pointing to the “scale” of a demonstration planned for Thursday outside the offices of industry body the Bureau National Interprofessionnel du Cognac (BNIC). At the time of writing, Just Drinks could not confirm if the demo is still scheduled to go ahead. In a statement carried by Terre de Vins , Hennessy said it had “decided to suspend the test project of sending bulk Cognac … while closely monitoring the evolution of the political and diplomatic situation”. Last week, LVMH and Hennessy sparked anger with the proposal to bottle Cognac in China, one of the world's two l
Show less
Read more
Impact Snapshot
Event Time:
LVMUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LVMUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LVMUY alerts
High impacting LVMH-MOET H/L/V UNSP/ADR news events
Weekly update
A roundup of the hottest topics
LVMUY
News
- Race to zero: How tech is shaping non-alcoholic wine [Yahoo! Finance]Yahoo! Finance
- The World's Best Single Malt Scotch Whisky According To The NY World Spirits Competition [Forbes]Forbes
- Louis Vuitton Renews Partnership With Musée d'Orsay in Paris [Yahoo! Finance]Yahoo! Finance
- Annual beauty Advent calendar craze is changing how cosmetics brands court new shoppers [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- In Praise of Adele and the Long Black Dress [The New York Times]The New York Times