Additional European Equity News

Bayer (BAYN GY) - Submits application in China for third indication of darolutamide. (Newswires) 

Close Brothers (CBG LN)  - CEO Adrian Sainsbury to step down on medical leave; Mike Morgan named CEO effective immediately. (Newswires) 

Kion (KGX GY) - Co. and NVIDIA (NVDA) team up to optimise supply chains with AI-powered robots and digital twins. (Newswires) Shares +8% in pre-market trade

Next (NXT LN) - Trading Statement: In 9 weeks to 28 December; Full Price Sales +6% Y/Y; Raises FY guidance: initial guidance for the full year ahead is to be up +3.5%; PBT guidance to be +3.6%; full price sales GBP 5.05bln. (Newswires) 

Thyssenkrupp Nucera (NCH2 GY) - Dr Werner Ponikwar CEO contract extended by five years. (Newswires)  

ADP (ADP FP) downgraded to Underperform from Neutral at Santander 

BE Semi (BESI NA) upgraded to Buy from Neutral at UBS 

Fraport (FRA GY) downgraded to Underperform from Neutral at Santander

Lufthansa (LHA GY) upgraded to Buy from Sell at Citi 

Leg Immobilien (LEG GY) upgraded to Buy from Hold at Jefferies 

Pennon (PNN LN) downgraded to Sell from Hold at Deutsche Bank 

URW (URW FP) upgraded to Buy from Hold at Jefferies