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Europe Market Update

Saab, Boeing Win $9 B U.S. Air Force Contract; Serco Rides on Positive Outlook
Sep 28, 2018 10:54 AM EDT
Kaufman declined ahead of its third-quarter earnings results. Serco surged after better-than-expected profit forecast. Saab and Boeing won $9.2 billion contract from the U.S. Air Force. SMA Solar Technology plunged 9% after solar equipment supplier lowered outlook. >>

H&M Profit Tumbles, 888 Holdings Net Swings to Profit
Sep 27, 2018 11:21 AM EDT
888 Holdings net swung to profit. CVS Group net declined despite revenues surged 20%. Hella GmbH reported strong results. The fashion retailer H&M profit tumbled on extraordinary costs of major shifting. Saga profit increased on strong travel business. >>

BMW Lowers Outlook on Trump Tariffs, AA Plunges 12%
Sep 26, 2018 10:46 AM EDT
AA Plc tumbled after profit declined 64%. BMW lowered fiscal revenues and profit forecast and cited global trade tensions and tougher emission tests. FairFX reported better-than-expected results. Mitie plunged on weak outlook. >>

UK Retailer Next Surges on Improved Forecast, Medios Sales Surge 24%
Sep 25, 2018 10:34 AM EDT
RAG-Stiftung acquired more shares in its subsidiary Evonik Industries. Medios profit declined but revenues soared. Next Plc lifted profit estimate on the back of rising sales in warmer than usual summer. >>

Home Builder Kier Report Record Orders, Rocket Internet Swings to Profit
Sep 20, 2018 11:33 AM EDT
Kier Group reported higher-than-expected revenues. Rio Tinto plans to return $3.2 billion through share through buy back. Rocket Internet swung to profit. Tom Tailor tumbled on profit warning. >>

Adecco Issues Weaker Outlook; Kingfisher Net Plunges 29%
Sep 19, 2018 11:40 AM EDT
Adecco said revenues growth in the third-quarter slowed. Babcock International jumped on positive outlook. Kingfisher net tumbled on weak sales. Schaeffler reaffirmed fiscal 2018 outlook. >>

Clariant, SABIC in Joint Venture, Ocado Q3 Revenues Surges
Sep 18, 2018 11:38 AM EDT
Clariant surged after the Swiss chemical maker signed a partnership agreement with Saudi Basic Industries Corp. Ocado said strong revenues growth in the fiscal third-quarter. Osram Licht soared on improved revenues growth estimate. Norway based Schibsted will spin off its online classified business. >>

Casino Guichard Parent Secured New Loans, CropEnergies Profit Gets Squeezed
Sep 17, 2018 10:25 AM EDT
AlzChem plans to expand production capacity after profit soared 10%. CropEnergies profit declined on lowered ethanol price and higher raw materials and energy costs. Rallye soared after it signed new credit facility of 500 million. H&M AB soared 17%. >>

Nordea, DNB Sell Luminor Stake, J D Wetherspoon Net Soars
Sep 14, 2018 10:56 AM EDT
Close Brothers plans to sell its retail finance business to Sweden-based Klarna Bank. Investec will spin-off of its Investec Asset Management business. J D Wetherspoon profit soared on higher sales. Nordea and DNB Bank jointly sell its 60% stake in Luminor to Blackstone. >>

Delivery Hero Shrinks and Delivers Profit, WM Morrison Net Drops
Sep 13, 2018 9:44 AM EDT
Delivery Hero net swung to profit after revenues surged 38%. Natixis sold several of its finance services units to parent company BPCE. WM Morrison profit declined. Rubis net declined but revenues surged. >>



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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