Additional European Equity News
Air France-KLM (AF FP) - Co. says it will publish its Q1 2023 annual results on May 5th due to calendar constraints. (Newswires)
AstraZeneca (AZN LN) - Co. has completed the license agreement with KYM Biosciences for CMG901, a Claudin-18.2 antibody drug conjugate. (AstraZeneca)
H&M (HMB SS) - Q1 2023 (SEK): Operating profit 725mln (exp. loss 1.03bln). Net profit 540mln (exp. loss -1.12bln). Gross margin 47.2% (exp. 45.8%). Gross profit 25.89bln (exp. 24.79bln). Revenue 54.9bln (prev. 49.2bln). (Newswires)
Financial Names - London has lost its top position as the world's top global financial center, now sharing the top spot with New York, according to the City of London's benchmarking data. (FT)
Nokian (TYRES FH) - Co. has completed the sale of its Russian operations. (Newswires)
Petrofac (PFC LN) - Petrofac and Hitachi Energy secure landmark offshore wind framework worth approximately EUR 13bln. (Petrofac)
Philips (PHIA NA) - Philips expects to reach recall settlements this year, according to the CEO cited by Dutch press FD. (Newswires)
Santander (SAN SM) - Co. is said to be mulling the sale of some EUR 1.5bln in NPLs, according to reports citing local press. (Newswires)
Standard Chartered (STAN LN) - CEO met with China's Banking and Insurance regulator chair. (Newswires)
SSE (SSE LN) - Co. raises FY Adj. EPS guidance to above GBP 1.60 (exp. GBP 1.39; prev. above GBP 1.50). (Newswires)
Telecom Italia (TIT IM) - Shareholder Vivendi (VIV FP) has called for the board to only examine offers which adequately value Telecom Italia's landline network, according to Reuters sources. (Newswires)
Carl Zeiss (AFX GY) downgraded to Reduce from Hold at Kepler Cheuvreux
Equinor (EQNR NO) upgraded to Buy from Hold at Deutsche Bank
Ericsson (ERICB SS) upgraded to Buy from Hold at DNB
Salzgitter (SZG GY) downgraded to Underweight from Equal Weight at Morgan Stanley
SSAB (SSABB SS) upgraded to Overweight from Equal Weight at Morgan Stanley
30 Mar 2023 - 07:05- EquitiesResearch Sheet- Source: Newsquawk
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