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Europe Market Update

BT to Split Openreach, Shell to Sell Canadian Oil Sands Assets
Mar 10, 2017 12:13 PM ET
The U.K. regulator approved the separation of BT and Openreach. Fraport said number of passengers in February increased 1% to 4 million. Segro launched a 1-for-5 rights issue. Shell agreed to sell Canadian oil sands assets worth $7.3 billion. >>

Morrison Stays Focused on Turnaround, Co-op Bank to Raise 750 M
Mar 09, 2017 11:46 AM ET
Co-operative Bank, the struggling lender is seeking to raise 750 million. Domino''s Pizza dropped on slower growth. Merck profit surged 45%. Linde reaffirmed outlook after merger with Praxair. Morrison management stays focused on turnaround. >>

Adidas Lifted Outlook, Dassault Net Boosted by Rafael Exports to India
Mar 08, 2017 10:58 PM ET
Admiral Group net plunged on the latest discount rate cut. Adidas lifted fiscal 2017 outlook. Boskalis net swung to a loss. Deutsche Post net surged. Dassault Aviation net jumped on two major contracts from India. G4S net soared on new contracts. Legal & General net jumped. >>

Deutsche Bank Right Offering After Major Reversal, PSA in 2.2 B Opel Deal
Mar 06, 2017 7:33 PM ET
bet-at-home.com lifted fiscal 2017 revenues. Deutsche Bank plans to raise 8 billion through a rights offering. PSA agreed to buy Opel and Vauxhall unit from GM. Standard Life agreed to buy Aberdeen Asset for 3.8 billion. >>

WPP Misses Forecast on Client Loss; Gemalto, Berendsen Fall
Mar 04, 2017 10:45 AM ET
Berendsen plunged 11% on weak profit forecast. Freenet profit soared 19%. Gemalto net fell 12% on flat revenues. WPP tumbled on latest loss of major clients and slower than expected revenue growth in the current year. >>

Cobham to Launch 500 M Issue, Deutsche Telekom Write Down BT Stake
Mar 02, 2017 10:59 AM ET
Cobham plans to launch a rights issue of 500 million. Deutsche Telekom too impairment charges of 2.3 billion linked to BT Group. LafargeHolcim net swung to profit. Travis Perkins net tumbled 92%. >>

Suez Intends to Buy GE's Water Business; Ahold Delhaize, ITV Net Tumble
Mar 01, 2017 11:10 AM ET
Ahold Delhaize net tumbled 43% but revenues soared on improved U.S. business. CRH net soared on acquisitions. Carillion profit dropped on higher cost. Eni net swung to profit. ITV pre-tax profit declined 14%. Suez said it intends to buy GE''s water business. >>

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