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Europe Market Update

Ocado Surges on Kroger Deal, Telecom Italia and Bouygues Add Subscribers
May 17, 2018 12:34 PM EDT
Bouygues net swung to profit after the telecom unit added more subscribers. Ocado surged on a technology deal with the U.S.-based The Kroger Co. Telecom Italia net jumped on a steady increase in mobile service subscribers. Suedzucker profit fell as sugar prices continued to drift lower. >>

Alstom Sales Rise as Signaling Sales Inch Up, Elior Tumbles on Outlook
May 16, 2018 12:09 PM EDT
Alstom annual sales rise as deliveries in Europe and Asia and Middle East jump and signaling and system sales increase to 57%. Elior tumbled 17% on profit warning. Leoni profit surged and lifted fiscal outlook. Wirecard revenues soared 53%. >>

European Markets Slide, Energy Stocks Turn Volatile
May 14, 2018 12:08 PM EDT
Aumann profit soared on 25% jump in revenues. Cancom plunged despite net and revenues surged. ElringKlinger revenues were lower after the spinoff of Hug Group. Innogy revenues declined on weak domestic business. >>

Air France KLM April Traffic Drops, John Wood Soars 9%
May 11, 2018 10:42 AM EDT
Air France KLM said passenger numbers in April dropped 2.5%. BBA Aviation said revenues soared 10%. John Wood Group surged after the oil service provider offered optimistic views. >>

BT to Cut 13,000 Jobs in U.K., UniCredit Reports Best Quarter in a Decade
May 10, 2018 11:08 AM EDT
BT plunged after weaker-than-anticipated quarterly results and telecom group said it plans to eliminate 13,000 jobs and plans to leave its London headquarter. The retailer Next Plc lifted fiscal sales and profit outlook. UniCredit reported record quarterly results in a decade. >>

Vodafone in 18 B Deal with Liberty Global; TUI, Fraport Rise, Henkel Falls
May 09, 2018 11:23 AM EDT
Henkel profit and sales fell on negative currency effects and persistent problems in supply chain. Fraport recorded 14.4 million passenger count. TUI net loss narrowed and travel services operator estimated solid demand for summer booking. Vodafone agreed to buy assets of Liberty Global 18.4billion >>

Takeda Offered 45.3 B to Shire; Munich Re Profit Surges, Laargeholcim Falls
May 08, 2018 11:14 AM EDT
Adecco reported weaker-than-expected first-quarter result. Lafargeholcim declined on flat revenues and weak profit. Munich Re profit surged and reaffirmed fiscal 2018 outlook. Shire agreed to be acquired by Japan-based Takeda Pharmaceutical for about 45.3 billion. >>

Nestle Buys Starbucks Distribution Rights for $7 B, Hannover Re Lifts Outlook
May 07, 2018 12:25 PM EDT
Hannover Re lifted fiscal lifted fiscal 2018. Nestle agreed to distribute Starbucks packaged products in retail stores in a $7.2 billion deal. >>

BMW, SocGen Profit Hurt by Weaker Dollar; HSBC Launches Stock Repurchase
May 04, 2018 11:18 AM EDT
BMW reported rising global vehicle sales but profitability was hurt by weaker dollar. HSBC profit fell on higher operating expenses and the bank announced $2 billion of stock repurchase. Societe Generale revenues were impacted by low interest rate and weaker dollar. >>

Aeroports de Paris Profit Surges, Bayer Profit Drops on Currency Volatility
May 03, 2018 11:51 AM EDT
Arkema profit and revenues surged. Aeroports de Paris profit soared on strong traffic and passenger numbers. Bayer said profit was hurts by negative currency effects. Legrand profit surged on new products. >>

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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