Additional European Equity News
Richemont (CFR SW) - Chairman said Anglo American's (AAL LN) De Beers offered to Richemont but we felt we could not add value. Says the Chinese will return and still has confidence. Elsewhere, the Cartier CEO says sees growth potential in the US, but very big difference between different parts. Chairman says they are not looking at increasing pricing, looking at volumes regarding watches. (Newswires) It was previously announced by Anglo American its intention to sell/demerge its De Beers business.
Land Securities (LAND LN) - FY (GBP): Pretax profit -341mln, Dividend 0.396. Expects activity levels to pick up from here. (Newswires)
Unilever (ULVR LN) - Share buyback programme; announced commencement of its EUR 1.5bln share buyback. (Newswires)
H&M (HMB SS) upgraded to Outperform from Sector Perform at RBC
17 May 2024 - 07:05- EquitiesResearch Sheet- Source: Newsquawk
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts