Additional European Equity News

Airbus (AIR FP) - Germany could allow sale of Eurofighter jets to Saudi Arabia, via Shares Magazine. (Shares Magazine) 

Biomerieux (BIM FP) - Acquires 84% stake in LUMED. (Newswires) 

BP (BP/ LN) - Some shareholders have reportedly urged the Co. to approach BAE Systems (BAE LN) CEO Woodburn about becoming the next CEO, via Sky News. (Newswires)

CMC Markets (CMCX LN) - Co. raised its FY operating income citing a strong Q3 amid improved market conditions. (Newswires) 

Daimler Trucks (DTG GY) - Deputy Chair says Co's 15% savings goals are unrealistic and sees 2024 as more challenging for business, according to Bloomberg citing DPA. Adds, 2024 will be "rougher overall" than 2023. "what is more decisive is whether we are doing the right things now so that we really have a functioning company on the market". (Bloomberg/DPA) 

Drax (DRAX LN) - UK ministers are preparing to approve a multi-billion GBP CO2 capture scheme which would make the Co. "carbon negative". (Telegraph)

Enagas (ENG BB) - Preparation of arbitration award is at an advanced stage. (Newswires)

Hikma (HIK LN) - Co. and Guardant sign an exclusive partnership agreement. (Newswires)

Intesa Sanpaolo (ISP IM) - Francesco Profumo is the frontrunner to succeed Gian Maria Gros-Pietro as Chairman, via La Stampa. (Newswires)

LXI Reit (LXI LN) - Exchange of contracts on sale of Travelodge hotels. (Newswires) 

Orion (ORNBV FH) - Enters research collaboration and licensing agreement with Glyko to develop next gen. ADCs. (Newswires) 

Plus500 (PLUS LN) – FY23 (USD): results delivered significantly ahead of market expectations. Revenue of 725mln (exp. 632mln), EBITDA 340mln (exp. 291mln). (Newswires)

Qiagen (QIA GY) – Received FDA clearance of Neumodx CT/NG Assay for use on both 96 & 288 molecular systems. (Newswires)

Softwareone (SWON SW) – Appoints Rohit Nagarahan as Chief Revenue Officer. Confirms that it continues to be in discussions with Bain Capital, may or may mot lead to an offer; expects to conclude talks and update be month end. (Newswires)

Swisscom (SCMN SW) - Giving up its website business in June, according to Tages-Anzeiger. (Tages-Anzeiger)

TotalEnergies (TTE FP) - Announces launch of an innovative subsea technology to separate reinject CO2-rich gas into the Mero field. (Newswires) 

ams OSRAM (AMS SW) resumed with Reduce at Kepler Cheuvreux

ASML (ASML NA) upgraded to Buy from Hold at Kepler Cheuvreux

BE Semicondutor (BESI NA) downgraded to Hold from Buy at Kepler Cheuvreux

Boliden (BOL SS) downgraded to Market Perform from Outperform at Bernstein

Epiroc (EPIA SS) upgraded to Buy from Hold at Pareto 

Konecranes (KCR FP) downgraded to Hold from Buy at SEB

Italgas (IG IM) initiated with Outperform from BNP Paribas

SNAM (SRG IM) initiated with Outperform from BNP Paribas 

Terna (TRN IM) initiated with Neutral at BNP Paribas

08 Jan 2024 - 07:10- EquitiesEconomic Commentary- Source: Newsquawk