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Luxottica Group withdraws from New York stock exchange

London - Following Luxottica Group merger with French lens maker Essilor, the Italian eyewear firm is set to withdraw from the New York stock exchange. The eyewear group, which is also listed on the stock exchange in Milan, noted maintaining a listing in the United States represented "significant administrative costs." In addition, Luxottica...

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Business

Luxottica Group withdraws from New York stock exchange

London - Following Luxottica Group merger with French lens maker Essilor, the Italian eyewear firm is set to withdraw from the New York stock exchange. The eyewear group, which is also listed on the stock exchange in Milan, noted maintaining a listing in the United States represented "significant administrative costs." In addition, Luxottica...

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Business

TJX gets upgrade, GIII soars while Abercrombie struggles

Shares of US apparel and home goods company TJX Cos. (TJX) climbed up by 1.35 percent to 66.12 US dollars yesterday after the discount retailer was added to the "conviction" buy list at Goldman Sachs and upgraded to "buy" from "neutral" this morning. Despite a weak third quarter, which analysts see as an abberation, TJX has seen good revenue...

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