Additional European Equity News
AB InBev (ABI BB) - Receives a positive mention in this week's Barron's, which said that everyone was focusing on Bud Light’s transgender controversy, but they’re missing a bargain stock opportunity, and the stock is a buy. (Barron's)
Auto Names - BYD (1211 HK) reportedly wants to build a factory Europe, and France is one of the countries considered by the Shenzhen group. (Les Echos)
CRH Plc (CRH LN) - Positive mention in Barron's, which said the stock was a buy as the stock costs half as much as its peers. (Barron's)
Generali (G IM) – Will receive non-binding offers for its unit Tua Assicurazioni within four weeks (Newswires)
Maersk (MAERSKB DC) - Co. has seen return of pre-holiday demand levels in Asia. Some Co. vessels routing into the US East Coast via the Panama Canal have been impacted by low water levels, although Co. anticipates rainy season beginning in May to provide some relief. (Newswires)
NatWest Group (NWG LN) - Co. has purchased GBP 1.26bln of its own shares from the UK government. (Newswires)
Telecom Italia (TIT IM) – Telecom Italia is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top investor Vivendi (VIV FP) to fill a vacant director seat. (Newswires)
Volvo (VOLVB SS)/ Holcim (HOLN SW) - Holcim will deploy up to 1,000 electric trucks from Volvo by 2030. (Newswires)
Wise (WISE LN) - CFO Briers has announced he will step down by March 2024, in order to assist his recovery from an accident in 2022. (Standard)
Brenntag (BNR GY) downgraded to Underweight from Equal Weight at Barclays
Dassault Systemes (DSY FP) Upgraded to Buy from Hold at Kepler Cheuvreux
22 May 2023 - 07:32- 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