Additional European Equity News
BMW (BMW GY) - CFO says "anticipates solid market development in the US, growth driven by EVs in Europe, and continued challenges in China"; "Highly competitive pricing in China and dealer compensation accounted for over half of the decrease in auto earnings."; "Total impact of tariff increases in place as of March 12 amounts to approximately one percentage point on auto EBIT margin."
Berkeley (BKG LN) - Q3 Trading Update: Affirms guidance. Notes that regulatory changes and building safety levy places significant pressure on delivery of new homes. (Newswires)
UniCredit (UCG IM) / Commerzbank (CBK GY) - ECB authorises UniCredit to boost Commerzbank stake up to 29.9%, according to Bloomberg. (Bloomberg)
STMicroelectronics (STMPA FP) - Italian Government reportedly set to use veto powers of STM governance (Newswires)
Universal Music Group (UMG NA) - Pershing sells a 2.7% stake via ABB, priced at EUR 26.60/shr (Newswires)
Energy Names - Danish Investor CIP Raises EUR 12bln for renewable energy fund (Bloomberg)
Thyssenkrupp (TKA GY) downgraded to Underweight from Equal Weight at Morgan Stanley
14 Mar 2025 - 07:02- ForexEU Research- Source: Newsquawk
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