Additional European Equity News

AstraZeneca (AZN LN) - Tagrisso with addition of Chemotherapy recommended for approval in the EU by CHMP for patients with advanced lung-cancer. (Newswires)

Ericsson (ERICB SS) - Announced conclusion of monitor ship; continuing to cooperate fully with the DoJ and SEC investigations on historical conduct. (Newswires) 

GSK (GSK LN) - Blenrep combination reduced the risk of disease progression or death by nearly 50% versus standard of care combination in relapsed/refractory multiple myeloma. DREAMM-8 phase III trial showed statistically significant and clinically meaningful improvement in primary endpoint of progression-free survival/ (GSK)  

IAG (IAG LN) - Boeing (BA) CEO says seeing ‘Real Improvement’ in on-time performance. (Newswires) 

IDS (IDS LN) – Kretinsky, the bidder for Royal Mail, has pledged to deliver a turnaround for the Co. or “go home”, via City AM. (City AM)

JD Sports (JD/ LN) - Notification of major holdings: FMR LLC has shares with voting rights equivalent to circa. 5%. (Newswires)

Proximus (PROX BB) - Updates guidance for 2024: Expects its international segment to deliver a mid-to-high single digit growth for 2024. EBITDA to grow 2% Y/Y (exceeds prior guidance of "up to 1%"). (Newswires) 

Signify (LIGHT NA) – Goldman Sachs adds Co. to its conviction list. (Newswires)

Veolia (VIE FP) - Goldman Sachs removes Co. to its conviction list. Elsewhere, launches a new employee stock ownership plan offered to nearly 190k employees.  (Newswires)

Vodafone (VOD LN) – Chief has ruled out any more major deals to simplify the Cos business, following the sale of its Spanish and Italian business, via City AM. (City AM)

National Grid (NG/ LN) upgraded to Buy from Neutral at Citi 

03 Jun 2024 - 07:15- EquitiesResearch Sheet- Source: Newsquawk