Jun 28, 2018 11:40 AM EDT
Hennes & Mauritz reported weaker-than-expected quarterly earnings. John Wood declined on weak outlook. OSRAM Licht tumbled after the company lowered revenues and profit forecast. Sanofi agreed to sell its European generics business Zentiva for about €1.9 billion.
Jun 27, 2018 12:27 PM EDT
Bunzl forecasted revenue in the first-half to surge 11%. The European antitrust opened investigation into BASF and Solvay deal. Costa Coffee total sales surged 5.2% but comparable sales dropped 2%. Xaar tumbled on weak outlook.
Jun 26, 2018 11:22 AM EDT
Eutelsat plans to bid for the U.K.-based rival Inmarsat. Eurofins Scientific raised fiscal 2018 revenues growth. Elior plunged despite set sales growth and cash flow under new strategic plan up to 2021. IHS Markit reported stronger than expected results after the merger.
Jun 22, 2018 12:06 PM EDT
Airbus warns that it may leave the U.K. if the nation fails to finalize its agreement with the European Union. Unipol Gruppo plans to acquire an additional 5.2% stake to own total of 15% stake in the domestic rival BPER Banca for €118 million.
Jun 21, 2018 12:05 PM EDT
BP abandoned to acquire Australia-based Woolworths fuel retail station deal. Daimler said profits may be hit by the U.S. and China trade war fears. Dixons Carphone profit tumbled. JCDecaux proposed to acquire Australia-based rival.
Jun 19, 2018 11:10 AM EDT
Ashtead profit surged on 21% jump in revenues. Debenhams offered third profit warning in six months. Footasylum tumbled on weak profit and the retailer plans for higher store investment.
Jun 18, 2018 11:38 AM EDT
CYBG agreed to acquire Virgin Money for £1.7 billion. DS Smith profit surged. Engie said revised scheduled in three nuclear reactors will hurt fiscal year profit. Nexans tumbled after profit warning.
Jun 15, 2018 12:01 PM EDT
BHP Billiton approved £2.2 billion to build a new iron ore mine in Western Australian. Gerry Weber operating profit plunged on weak revenues. Hennes & Mauritz said sales in the second-quarter increased 2%. Tesco comparable sales in the first-quarter advanced 2%.
Jun 14, 2018 11:35 AM EDT
Aveva Group reported strong growth after reverse merger with Schneider Electric. Bertrandt reported disappointing first-half results. Gerry Weber lowered fiscal 2019 outlook. Soitec net surged on 23% jump in revenues.
Jun 13, 2018 12:39 PM EDT
Glencore agreed to write off $5.6 billion of debt to settle the dispute with the Congo controlled Gecamines. Sanofi successfully priced its offering of $2 billion of notes.