Additional European Equity News

AstraZeneca (AZN LN) – Ultomiris recommended for NMOSD EU approval. (Newswires)

Atos (ATO FP) - Concluded the sale of its Italian operations, around 80% of the expected EUR 700mln total proceeds already secured. (Newswires)

BooHoo (BOO LN) – McGeorge succeeds Small as Deputy Chairman. (Newswires)

DSM (DSM NA) - Royal DSM announces the completion of the sale of its Engineering Materials business to Advent International and LANXESS (LXS GY) for an enterprise value of EUR 3.85bln. (DSM)

Getinge (GETIB SS) - US FDA said Datascope/Getinge recalled certain Cardiosave Hybrid and Rescue Intra-Aortic Balloon Pumps (IABP) because the coiled cable connecting the display and base on some units may fail, causing an unexpected shutdown. (FDA) US FDA identifies recall of Getinge's heart devices as most serious. (Newswires)

Hammerson (HMSO LN) – Completed the disposal of its 25% stake in Italie Deux. (Newswires)

NatWest (NWG LN) – UK gov’t announces an extension to the trading plan for NatWest, which will now terminate no later than August 2025 (prev. 2023). Plan will still be managed by Morgan Stanley and continue to contain the provision that up to but no more than 15% of aggregate total trading volume be sold during the two-year extension. (Newswires)

Ryanair (RYA ID) - March load factor 93% (vs 92% in Feb). (Newswires)

Saipem (SPM IM) - Co. is said to have received new offshore EPCI, and FEED contracts worth some USD 650mln, according to Reuters. (Newswires)

UniCredit (UCG IM) - Co. has launched the first tranche of its previously announced up to EUR 2.34bln share buyback programme. (Newswires)

Wizz Air (WIZZ LN) – March: carried 4.27mln passengers, +72% YY; load factor 92.2%. (Newswires)

Anglo American (AAL LN) upgraded to Overweight from Equal Weight at Barclays

ArcelorMittal (MT NA) downgraded to Equal Weight from Underweight at Barclays

European Staples upgraded to Overweight from Underweight at JPMorgan Chase

H&M (HMB SS) upgraded to Neutral from Underweight at Credit Suisse

InPost (INPST NA) reiterated with Overweight at JPMorgan Chase

Man Group (EMG LN) downgraded to Underperform from Neutral at Exane BNP

Rolls-Royce (RR/ LN) - Co. has been awarded a USD 714mln contract by US Air Force, according to Reuters. (Newswires)

03 Apr 2023 - 07:04- Equities- Source: Newsquawk