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Europe Market Update

Fresenius Forecast Disappoints Market, Carl Zeiss Profit Drops 7%
Dec 07, 2018 11:16 AM EST
Berkeley lifted fiscal profit outlook. Fresenius issued a profit warning. Carl Zeiss Meditec profit declined 7% but revenues surged 8%. Fresenius Medical Care forecasted flat income in the year ahead. >>

Bayer Lays Out Ambitious 3-year Forecast; DS Smith, Vonovia Profit Surge
Dec 06, 2018 10:15 AM EST
Bayer issued multi-year forecast and said debt will substantially in the next three years. DS Smith profit jumped and said it plans to sell its plastics division. Latecoere tumbled after weak fiscal 2019 outlook. Vonovia reported better-than-expected results. >>

Daimler to Increase China Stake, Takeda Wins Shareholder Approvals for Shire
Dec 05, 2018 9:48 AM EST
Daimler plans to increase its stake in China-based BAIC. Stagecoach net swung to loss after non-cash goodwill impairment charge. Takeda won approval from shareholders for its $62 billion deal with Shire Plc. >>

Bpost Plunges on Weaker Profit Outlook, Rheinmetall Net Surges 50%
Dec 04, 2018 9:33 AM EST
Bpost plunged 21% after the delivery service company estimated profit at the lower end of outlook. Elior said annual are expected to be in-line with estimate. IG Group lowered revenues forecast. Rheinmetall profit surged 50%. Victrex reported strong annual results. >>

Glaxo to Buy Tesaro for 4 B and Sell its India Unit for 3.1 B
Dec 03, 2018 10:14 AM EST
GlaxoSmithKline agreed to acquire the U.S.-based Tesaro for 4 billion and divested its Indian consumer healthcare nutrition brands to Unilever. Kier Group plans to launch rights issue of about 264 million. McColl''s Retail plunges 30% on flat sales and profit warning. >>

Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc