Additional European Equity News

Barratt Developments (BDEV LN) - On Redrow (RWD LN) combination, says it remains its intention to begin full integration as soon as practicable; to finalise combination this week. (Newswires) 

Electronic/Tech Names - Despite progress in inventory clearance and the boost from AI applications, supply chain players remain cautious about the peak season benefits for consumer electronics in the second half of 2024, DigiTimes said. (Digitimes)

Rheinmetall (RHM GY) - Deraktionaer citing a letter from German Finance Minister Lindner to Minister Pistorius, says that no additional funds could be released for military support to Ukraine for the time being. (Deraktionaer) Shares -7.2% in pre-market trade

Plus 500 (PLUS LN) - HY (USD): Revenue 398.2mln, +8% Y/Y. FY24 results exp. to be ahead of current market conditions. Interim dividend of USD 35.4mln and special dividend of USD 40.1mln. (Newswires)

Wartsila (WRT1V FH) - Signs decarbonisation agreement for Madagascan power plant. (Newswires) 

Argenx (ARGX BB) downgraded to Accumulate from Buy at KBC Securities

Holcim (HOLN SW) upgraded to buy from Hold at Deutsche Bank

Nexans (NEX FP) downgraded to Neutral from Buy at Goldman Sachs

Vestas Wind Systems (VWS DC) downgraded to Hold from Buy at Deutsche Bank