Additional European Equity News

AstraZeneca (AZN LN) - Infinzi improved EFS and OS in bladder cancer; was generally well-tolerated and new new safety concerns were observed. Imfinzi did not achieve statistical significance for primary endpoint of disease-free survival. (Newswires) 

Assa Abloy (ASSAB SS) - Acquires Wesko lock in Canada, will be accretive to EPS from the start. (Newswires) 

BASF (BAS GY) - Co. has decided it will not invest in Nickel-Cobalt refining complex. (Newswires) 

Covestro (1COV GY) - Transformation program launches; by 2024, EUR 400mln annual savings globally where EUR 180mln will be in Germany. (Newswires) 

Euronext (ENX FP) - CEO says French snap election leads to political worries on financial markets. (Newswires) 

Land Securities (LAND LN) - Acquires additional 17.5% stake in Bluewater from GIC for GBP 120mln. (Newswires)

Siemens (SIE GY) - Siemens mobility and Tyczka hydrogen cooperate in the hydrogen railway sector to provide end-to-end solutions for fuel cell trains. (Newswires)

Societe Generale (GLE FP) - Announced completion of EUR 279.8mln share buyback program. (Newswires) 

Admiral (ADM LN) upgraded to Buy from Hold at Berenberg

Airbus (AIR FP) downgraded to Hold from Buy at Deutsche Bank

Direct Line (DLG LN) downgraded to Hold from Buy at Berenberg

Ocado (OCDO LN) - PT target cut to 400p from 680p at Goldman Sachs; PT cut to 215p from 345p at Morgan Stanley

25 Jun 2024 - 06:53- Research Sheet- Source: Newsquawk