Additional European Equity News

Barclays (BARC LN) - Co, on Friday, won the dismissal of two US securities fraud lawsuits stemming from Co's unauthorised sale of USD 17.7bln more securities than allowed by US regulators, according to Reuters. (Newswires)

Banking Sector - The ECB will this week reveal its decision on whether favourable capital rules on banks' insurance holdings - dubbed the "Danish Compromise" - will also apply to the purchase of asset managers by a bank's insurance unit, according to Reuters sources. Of note for Banco BPM (BAMI IM) and its bid for Anima. (Newswires)

Bayer (BAYN GY) - Co. was ordered late Friday by a judge in US State of Georgia to pay some USD 2.1bln to a plaintiff amid claims Bayer's RoundUp caused his cancer. Bayer on Saturday said it will appeal the verdict. (Newswires)

DBV Technologies (DBV FP) - Secured agreement with FDA on Safety Exposure Data Required for Biologics License Application (BLA) for Viaskin® Peanut Patch in 4 – 7-year-olds. Co. announced it is accelerating the timeline for a BLA Filing Submission to 1H 2026. Co. also reported unaudited results in which cash and cash equivalents amounted to USD 32.5mln (prev. USD 141.4mln). (Newswires) 

Genmab (GMAB DC) - AbbVie (ABBV) has filed a complaint for trade secrets misappropriation. (Newswires)  

GSK (GSK LN) - GSK’s application to expand use of Nucala (mepolizumab) for the treatment of COPD accepted for review by the European Medicines Agency. (GSK)

RWE (RWE GY) - Activist Investor Elliott disclosed a near-5% stake in the Co. on Monday, and urged the Co. to significantly increase its share buyback programme. (Newswires) 

Stellantis (STLAM IM/STLAP FP) - Co. is said to be offering a new round of buyouts for some of its factory workers in the US in a bid to cut costs, according to Reuters. (Newswires)

Valneva (VLA FP) - Co. announced it is responding to the chikungunya outbreak that is rapidly intensifying in France's Island of La Réunion with its vaccine IXCHIQ. (Newswires) 

Wood Group (WG/ LN) - Co. notes of the extension of the PUSU deadline, and suggested Sidara must announce offer intentions by April 17th. (Newswires) 

Bunzl (BNZL LN) upgraded to Buy from Hold at Deutsche Bank

Leonardo (LDO IM) downgraded to Neutral from Buy at UBS

Intesa Sanpaolo (ISP IM) initiated with Hold at Kepler 

Munich Re (MUV2 GY) downgraded to Neutral from Buy at Goldman Sachs

Siemens (SIE GY) downgraded to Hold at Deutsche Bank

Thales (HO FP) upgraded to Buy from Neutral at UBS

24 Mar 2025 - 07:49- EquitiesEU Research- Source: Newsquawk