Additional European Equity News

Airbus (AIR FP) - Raises 20 year delivery forecast to 40.85k (prev. 39.45k); sees 17.1k aircraft replacements in the next 20 years (prev. 15.4k). (Newswires)

Banking Names - On Tuesday, BBVA (BBVA SM) sold EUR 1bln in AT1/CoCo bonds with investor demand of EUR 3.1bln, in its first perpetual bond sale sine July 2020 and the first AT1 sale since the Credit Suisse write down. (Newswires)

Casino (CO FP) - Three French businessmen have reportedly made an offer of EUR 1bln for the Co., via Reuters citing sources. Subsequently, Casino confirmed it has received such an offer which it is studying. (Reuters) Chimes with earlier reporting in AFP and Challenges

Ferragamo (SFER IM) - To begin a collaboration with GM Leather. (Newswires)

Icade (ICAD FP) - New step in the sale of Icade Sante, confirming the organisation of the full sale of the healthcare portfolio. (Newswires)

Logitech (LOGN SW) - CEO Darrell is to resign as CEO with immediate effect but remain with the Co. for a month, Gecht appointed interim-CEO. (Newswires)

Shell (SHEL LN) - Announces a 15% dividend/shr increase from Q2 2023; Capital Spending reduced to USD 22-25bln/year for 2024 & 2025; Buybacks of at least USD 5bln for H2 2023. To invest USD 10-15bln between 2023-2025 to support the development of low-carbon energy solutions biofuels, hydrogen and EV charging and CCS. (Newswires)

Adidas (ADS GY) upgraded to Buy from Hold at Kepler Cheuvreux

Wizz Air (WIZZ LN) upgraded to Buy from Neutral at UBS

14 Jun 2023 - 07:10- EquitiesEconomic Commentary- Source: Newsquawk