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Europe Market Update

Altice Sells Fiber Business Stake, Rocket Internet Net Swings to Profit
Nov 30, 2018 10:24 AM EST
Altice Europe net swung to profit and agreed to sell its 49.99% stake in its SFR FTTH business. BillerudKorsnas agreed to acquire forest land from Bergvik Skog Ost. Rocket Internet net swung to profit. >>

Daily Mail Plunges on Revenue Worries, No Deal for Intu Properties Again
Nov 29, 2018 10:56 AM EST
Daily Mail plunged after weak forecast but fiscal year profit doubled. Hammerson completed the sale of Highcross shopping center. Intu Properties tumbled after second takeover offer failed to materialize. Thomas Cook net swung to a loss. Wendel fell after net asset value declined. >>

AXA Lifts Dividend Payouts, Safran Wins Zodiac Shareholders Approval
Nov 28, 2018 10:19 AM EST
AXA lifted synergies and cash flow estimate from the merger with AXA XL merger. Knorr Bremse forecasted strong sales in fiscal 2018. Lafargeholcim reaffirmed growth estimate. Safran and Zodiac shareholders approve the merger. >>

Thomas Cook Plunges 23% after Dividend Suspension, Accor Reaffirms Outlook
Nov 27, 2018 10:27 AM EST
Accor reaffirmed to double profit by 2022. Greggs lifted profit forecast after strong sales in October and November. Pets at Home profit tumbled. Thomas Cook issued second profit warning in as many months. >>

DNO Makes Direct Offer to DNO Shareholders, Logitech Ends Plantronics Talks
Nov 26, 2018 10:44 AM EST
Aryzta surged on the improved outlook. Datagroup reported better-than-expected results. Faroe Petroleum surged on hostile bid from the Norway-based DNO. Logitech terminated acquisition talk with the U.S.-based Plantronics. >>

Virgin Atlantic May Acquire Flybe, GEA Lowers Outlook
Nov 23, 2018 10:34 AM EST
Ibstock divested the U.S.-based business and reaffirmed fiscal forecast. Flybe approaches Virgin Atlantic for a possible sale. GEA Group tumbled after the food processor lowered fiscal outlook. Rotork third-quarter revenues soared. Saint-Gobain sells its China business. >>

Centrica Struggles with Customer Loss, Price Caps; Mitchells & B Net Jumps
Nov 22, 2018 11:10 AM EST
Befesa profit surged. Centrica declined after the utility lost home energy customers and cap on energy prices. Severn Trent reported nearly flat earnings. Mitchells & Butlers said net soared 65%. United Utilities reported upbeat first-half results. >>

Porsche Lowers Outlook on Rising Global Tensions, Johnson Matthey Shines
Nov 21, 2018 11:53 AM EST
BTG is considering to accept an offer from the U.S.-based Boston Scientific for 3.3 billion. CRH beats earnings estimates. Johnson Matthey reported strong result. Kingfisher slumped on weak revenues. Porsche lowered fiscal outlook. ThyssenKrupp net swung to profit. >>

Best Buy Reported Strong Results; Target, TJX and Ross Drop
Nov 20, 2018 6:22 AM EST
Analog Devices beat earnings results. Best Buy reported better-than-expected results. Campbell Soup quarterly profit beats estimates. Kohl''s net surged and retailer lifted earnings per share forecast. TJX fell despite strong results. Target missed earnings estimates. >>

Compass Group Optimism Lifts Stock, Wirecard Falls on Weak Guidance
Nov 20, 2018 10:36 AM EST
AVEVA first-half revenues surged after strong demand in industrial software. Compass reported better-than-expected results. Dermapharm net fell but forecasted improved fiscal revenues. EasyJet profit surged 41%. Wirecard plummeted on lower profit guidance. >>



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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