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Europe Market Update

Fiat Chrysler Sells its Auto Parts Business, Philips Electronics Net Tumbles
Oct 22, 2018 12:45 PM EDT
Fuchs forecasted revenues in the third-quarter to jump 5%. Fiat Chrysler agreed to sell its auto parts business to Japan-based Calsonic Kansei. Leoni lowered operating profit forecast. Philips Electronics net tumbled 57%. Ryanair reported lower-than-expected profits. >>

Bouygues Faces Delays, Litigation Storm; Remy Cointreau Positive on China
Oct 19, 2018 11:58 AM EDT
Bouygues tumbled on weak profit estimates. Michelin plunged despite strong sales growth. Remy Cointreau reaffirmed sales growth in China. Volvo reported strong results despite deliveries in bus segment declined. >>

Carrefour, Novartis, Nestle, SAP Earnings Show Economic Strength in Europe
Oct 18, 2018 11:44 AM EDT
Carrefour sales in the third-quarter jumped. Ericsson net swung to profit. Kuehne + Nagel net benefits from the worldwide logistics boom. Nestle reaffirmed sales growth forecast. Novartis profit doubled and agreed to acquire Endocyte. SAP lifted fiscal outlook. >>

ASML Advances on Strong Lithography Demand, Fresenius Plunges 17%
Oct 17, 2018 11:21 AM EDT
ASML beats third-quarter expectations. Akzo Nobel net jumped but revenues declined. Fresenius tumbled after weaker-than-expected results and lowered fiscal outlook. Danone plunged weakening demand in China. >>

Iberdrola Sells Power Plants to Drax, Meggit Lifted 2018 Forecast
Oct 16, 2018 10:51 AM EDT
Iberdrola agrees to sell Scottish utility plants to U.K.-based Drax Group. Aerospace equipment provider Meggitt lifted fiscal 2018 revenues forecast. Merck said it expects to return to profitable growth in 2019. Merlin Entertainments declined on weak performance. >>

Air Liquide Reaffirms Hydrogen Vehicle Commitment, Greencore Exits U.S.
Oct 15, 2018 12:53 PM EDT
Air Liquide reaffirmed its commitment in building infrastructure for hydrogen vehicles. ConvaTec tumbled 31% after the medical products maker lowered outlook. Chr Hansen, the bio science products maker reported a slight increase in revenues. >>

LVMH Plunges on Trade War Worries, PageGroup Says Brexit Non-Event
Oct 10, 2018 8:05 AM EDT
Ahlers net tumbled on weak revenues. Luxury goods conglomerate LVMH sales jumped after strong business in fashion and leather goods. PageGroup gross profit soared 20%. >>

Asset Managers Ashmore and MAN Report Strong Net Inflows
Oct 12, 2018 10:59 AM EDT
Ashmore Group and Man Group said net assets under management jumped on strong asset inflows. ArcelorMittal agreed to sell its four European steel plants to meet the regulatory requirements. >>

Dialog Semiconductor in Deal with Apple, Mondi Operating Profit Up 30%
Oct 11, 2018 10:58 AM EDT
Dialog Semi signed a chip license agreement with Apple Inc. Gemalto and Thales said the merger deal approval may take longer than expected. Hays reported quarterly fees growth rate was lower than expected on volatile exchange rate. Mondi operating profit surged 30%. >>

Lloyds, Schroders in Wealth Partnership Talks;Total, Saudi in Development Deal
Oct 08, 2018 12:06 PM EDT
Acacia Mining jumped after the gold miner reported strong production and lifted fiscal forecast. Schroders confirmed that it is in talk with Lloyds Banking to work together in wealth sector. >>

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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