Additional European Equity News
Avanza Bank (AZA SS) - Reports December (SEK) Customer Growth +7% Y/Y, Net Inflows 5.99bln (prev. 4.88bln M/M). (Newswires)
BAE Systems (BAE LN) – Co. announces it will recommence production of M777 parts for the US Army. (WSJ)
Bayer (BAYN GY) - AskBio Phase Ib trail of AB-1005 gene therapy in patients with Parkinson's disease meets primary endpoint. Phase 2 trial will be initiated in H1. (Newswires)
Caixabank (CABK SM) – Closed a treasury share buyback for EUR 500mln. (Newswires)
JD Sports (JD/ LN) – Trading Update, 22-weeks to Dec 30th: Organic Revenue growth 6.0%, LFL 1.8%. Remain comfortable with existing inventory position. Expect FY Organic Revenue growth to be around 8%, now anticipate Gross Margin rate to be slightly lower than the prior year. (Newswires)
Next (NXT LN) - Q4 Trading Update: Raises PBT outlook citing sales in Christmas period better than expected. Raises FY23/24 Full Price Sales GBP 4.78bln, +4% Y/Y; PBT 905mln (prev. guidance Full Price Sales GBP 4.74bln, PBT 885mln). Guidance for FY ahead for full price sales on continuous business to be up 2.5%. (Newswires)
Nordnet (SAVE SW) - Reports December (SEK) Customer Growth +9.1% Y/Y, Net Savings 3.5bln (prev. 3.58bln M/M). (Newswires)
Orange (ORA FP) – Co’s Spanish unit was subject to a cyber attack, impacting an undisclosed number of clients. (Newswires)
Saipem (SPM IM) – Norges Bank held a 2.15% stake in the Co. as of December 28th. (Newswires)
Sandoz (SDZ SW) – CVS Health (CVS) is to removed AbbVie’s (ABBV) Humira from some of its lists of preferred drugs for reimbursement as of April 1st, will be recommending a biosimilar in its place. (Newswires)
Shell (SHEL LN) – Co. is joining BP (BP/ LN) in escalating a feud with Venture Global LNG, via Bloomberg. (Newswires)
TotalEnergies (TTE FP) – Closes its deals with Alimentation Couche-Tard for EUR 3.4bln. (Newswires)
Aixtron (AIXA GY) initiated with Sell at UBS
BE Semiconductor (BESI NA) downgraded to Neutral from Buy at UBS
Siltronic (WAF GY) upgraded to Outperform from Underperform at Oddo
04 Jan 2024 - 07:20- EquitiesEconomic Commentary- Source: Newswires
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