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Europe Market Update

Barclays Net Tumbles on Africa Impairments, RBS Returns to Profit
Apr 28, 2017 12:16 PM ET
Amundi reported strong net asset inflows primarily in treasury bonds products. Barclays profit tumbled 56% on goodwill impairment charges. Imerys announced strong quarterly results. Rexel said sales in the Europe and North America soared 12%. RBS net swung to profit for the first since 2015. >>

Deutsche Bank Returns to Profit, Lloyds Banking Profit Doubles
Apr 27, 2017 2:28 AM ET
Bayer lifted revenues forecast after strong business in specialty plastics division. Banco Bilbao net jumped 69%. Deutsche Bank reported lower-than-expected revenue on negative impact of credit spreads. Lloyds Banking reported strong financial performance. >>

Daimler Net Doubled on Strong Car Sales, Credit Suisse Net Swing to Profit
Apr 26, 2017 1:21 PM ET
Air Liquide profit jumped after segment revenues surged. Boohoo.Com profits doubled after rapid overseas expansion. Credit Suisse net swung to profit and plans to raise 4 billion Swiss francs through a rights offering. Daimler net doubled and lifted profit outlook. >>

LVMH Offers 12 B to Dior, Ericsson Swing to Loss
Apr 25, 2017 1:23 AM ET
ams AG, the maker of sensors said net swung to a loss. Troubled Ericsson reported higher than expected losses as the telecom maker struggles with double digit sales decline. LVMH offered 12 billion to Dior. Novartis meets expectations of lower income. Whitbread offers cautious outlook. >>

French Election Results Lift European Markets, Akzo Warms Up to PPG Offer
Apr 24, 2017 6:01 AM ET
Akzo Nobel agreed to consider the revised higher offer of 26.9 billion from PPG Ind. Innogy lifted profit forecast and plans to invest 7 billion in the next three years. Jimmy Choo is inviting buyers. Philips net surged. Sartorius lifted outlook. >>

SNC-Lavalin Agrees to Buy WS Atkins for 2.1 B, Danone Sales Jumps
Apr 21, 2017 10:59 AM ET
Adesso reaffirmed fiscal 2017 outlook. WS Atkins agreed to be acquired by Canada-based rival SNC-Lavalin for 2.1 billion. Danone said revenues rose 3%. Pernod Ricard revenues soared 7%. Reckitt Benckiser sales surged 15%. >>

ABB Backlog Declines; Nestle, Unilever Sales Rise, SKY Profit Plunges
Apr 20, 2017 6:53 PM ET
ABB profit surged but order backlog declined. The U.K. sells Green Investment Bank for 2.3 billion. Publicis revenues edged up slightly despite the loss of some large clients. Nestle sales were hurts by weak confectionery business. SKY profit plunged. Unilever sales met expectations. >>

Primark Drives AB Food Profit Growth; L'Oreal and Burberry Results Diverge
Apr 19, 2017 11:31 AM ET
AB Food profit surged 81%. Burberry plunged after the luxury retailer lowered profit forecast. Henderson said net asset outflows in the quarter were 1.8 billion. Heineken profit soared 11%. L''Oreal cosmetic sales jumped. >>

Medtronic in $6.1 B Deal with Cardinal Health, H&M March Sales Jumps
Apr 18, 2017 11:19 AM ET
Daily Mail and General Trust agreed to sell its viral video sharing service. Hennes & Mauritz said sales in March jumped 6% on late Easter. Medtronic agreed to divest its monitoring and recovery products business for $6.1 billion. Weetabix agreed to be acquired by Post Holdings. >>

Svenska Cellulosa Receives $22 B Offer, Carrefour Brazil Lifts Group Results
Apr 13, 2017 11:44 AM ET
Carrefour said revenues jumped after sales in Brazil soared. SinnerSchrader profit surged 58%. Sodexo lifted revenues forecast. Sainsbury restructure 60 Argos and 10 Habitat stores. Svenska Cellulosa received an offer of $22 billion from a consortium of private equity funds. >>



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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