Additional European Equity News
ASML (ASML NA) - US House Committee said Applied Materials (AMAT), KLA Corp (KLAC), Lam Research (LRCX), ASML (ASML NA), and Tokyo Electron (8035 JT) fueled China chip production, following a months-long investigation, while it noted several recommendations, including aligning allied, such as Dutch and Japanese, export controls with US restrictions, so the Netherlands and Japan catch up to American controls and enforcement. It also recommended expanding country-wide controls for the PRC to make diversion more difficult, widening the list of restricted entities and prohibiting all allied manufacturers from selling to additional Chinese military entities.
Bunzl (BNZL LN) - Completes acquisition of Caterline Catering Equipment and Anta y Jesus. (Dow Jones Newswires)
Lloyds (LLOY LN) - In response to the latest Motor Finance update, says it is assessing the implications. (Newswires)
Stellantis (STLAM IM/STLAP FP) - Fracesco Ciancia to rejoin as Global Head of Manufacturing, effective Nov 1. (Newswires)
Unite Group (UTG LN) - reiterates FY2025 guidance for adj. EPS of 47.5-48.25p, sales deliver 4.0% rental growth for 2025/26, portfolio to continue to attract a growing share of student demand. Outlook remains robust, underpinned by growing demand from school leavers and stabilising international admissions. (Unite Group)
Metlen Energy & Metals (MTLN LN) initiated with Market Perform at Bernstein