Additional European Equity News

Ashmore (ASHM LN) - Q3 trading update: AUM +1.0% Y/Y to USD 57.7bln. AUMs increased USD 500mln over the period. Net outflows continued to reduce in the quarter. (Newswires)

Barclays (BARC LN) - Proxy advisor ISS recommends Co. shareholders vote to re-elect all board members at the upcoming shareholder meetings. (Newswires)

Capita (CPI LN) - Bank accounts and phone numbers have reportedly been leaked online after the cyber incident, according to documents obtained by The Times. The Co. announced the incident last month but at the time, said personal details remain secured. (The Times) 

Casino (CO FP) - Some Co. bondholders are reportedly working with financial advisors to push for better terms should the planned tie-up with Teract proceed, according to Reuters sources. (Newswires)

Forvia (EO FP) - Q1 2022 (EUR): Revenue 6.64bln (prev. 5.15bln Y/Y). Co. has affirmed its revenue, operating margin, net cash flow margin, and net debt/EBITDA ratio targets for FY23 and FY25. (Newswires)

Galp Energia (GALP PL) - Q1 Update: Nat Gas sales 3.72k GWh, -13% QQ; Oil & Gas working interest output 120.3k BOPED, -8% QQ; Crude processed -5% QQ; Refiner Product sales direct to clients 1.7mln/T, -5% QQ. (Newswires)

Gaming Names - Rovio Entertainment Oyj (ROVIO FH) has confirmed Sega Sammy Holdings has made a cash offer of EUR 9.25/shr for Rovio (vs EUR 7.78 close on Friday. (Newswires)

MorphoSys (MOR GY) - Co. and Incyte announce five-year results of L-MIND Study showed prolonged, durable responses in relapsed or refractory DLBCL Patients treated with Monjuvi® (tafasitamab-cxix). (MorphoSys)

Renault (RNO FP) - Q1 global sales +9% Y/Y to 354.5k vehicles; Brand CEO says Tesla's (TSLA) price drop is a challenge and a warning; no impact for the time being on orders for the electric Megane, which increased in March. European brand sales increased by +51%. (Newswires)

Siemens (SIE GY) - Siemens Mobility has been awarded a contract in Singapore worth some EUR 310mln. (Newswires)

Wendel (MF FP) - Entered exclusive negotiations to acquire the Scalian Group, for an enterprise value of EUR 965mln. (Newswires)

Wood Group (WG/ LN) - Co. is to engage with Apollo to see if a firm offer can be made, according to Bloomberg. (Newswires)

NN Group (NN NA) upgraded to Buy from Hold at Berenberg

17 Apr 2023 - 07:33- EquitiesExclusive- Source: Newsquawk