Additional European Equity News

Adidas (ADS GY) - Bloomberg writes that Adidas faces its second consecutive day of raid by criminal investigators on Wednesday. (Bloomberg) 

Atos (ATO FP) - Launch of the reserved capital increases for creditors under the accelerated safeguard plan of Atos. Issue of 27.17 bln new shares at €0.0663 each for non-participating creditors. (Newswires) 

ABN AMRO (ABN NA) - CET1 requirement is unchanged at 11.2%. (Newswires) 

Boohoo (BOO LN) - Glass Lewis has recommended Boohoo shareholders to vote "against" the resolutions at the AGM, which seek board representation for Frasers (FRAS LN). (Newswires) 

Commerzbank (CBK GY) - Co. is assigning more employees to work in its branches as it seeks to boost the business its done with clients, via Bloomberg. (Bloomberg)

Curry's (CURY LN) - H1 (GBP): Adj. PBT 9mln (prev. ), 3.92mln (prev. ). Affirms guidance. (Newswires) 

Encavis (ECV GY) - Acquired a solar park already under construction in Dietfurt and Breitenbrunn. (Newswires) 

Ex-dividends - Associated British Foods (ABF LN) and DS Smith (SMDS LN) will trade without entitlement to their latest dividend payout. (Newswires) 

Glencore (GLEN LN) - David Wormsley has notified the co. of his retirement for BoD. (Newswires)  

Housing Names - UK has outlined plans to overhaul the planning system in order to meet the target of 1.5mln new homes over the next five years. (Newswires)

SThree (STEM LN) - FY Trading Update: Provided a profit warning amid increased political and macro uncertainty. (Newswires)

Stellantis (STLAM IM/STLAP FP) - To extend halt in production at its Mirafiori plant until Jan 20. (Newswires) 

Scor (SCO FP) - Confirms core targets and its ambition to create significant value over 2025-26. (Newswires) 

Flutter (FLTR LN) initiated with Outperform at Macquarie

Jet 2 (JET2 LN) downgraded to Hold from Buy at Redburn Atlantic

Swatch (UHR SW) downgraded to Reduce from Hold at Kepler Shares -2.1% in pre-market trade

12 Dec 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk