Denmark-based Jyske Bank reported higher income in the first half and reiterated its annual outlook near the upper end of the previously announced range. Oil stocks declined after crude oil prices dropped to a two-week low. Antofagasta reported a marginal decrease in its first-half income.
Barratt Developments and Redrow plc said their merger plans are on track to be completed by the week's end. Aerospace stocks were under pressure on German spending cut worries. Plus500 said its annual results are likely to surpass market estimates.
Bayer scored a U.S. legal victory against claims that its weedkiller products causes cancer. Nibe AB reported sharp fall in revenue and earnings in the first-half of 2024 but held out for a recovery in the second half.
Swiss sanitary products maker Geberit estimated flat annual revenue growth in 2024 in local currencies. Admiral Group reported better-than-expected first-half results. Adyn NV reported strong first-half results and announced its plans to expand in India.
UBS said second-quarter profit soared after Credit Suisse integration supported revenue increases. ThyssenKrupp lowered its annual outlook for the third time this year. Aviva reported better-than-expected operating profit in the first half.
HelloFresh reported better-than-expected second quarter results. Valneva SE swung to a profit in the first half and reiterated its annual outlook. Evotec achieved significant research progress to qualify for a milestone-based payment.
Hargreaves Lansdown agreed to be acquired by a consortium of private equity groups led by CVC Partners. Generali Group reported mixed first-half results.
Allianz, Beazley, and Zurich Insurance reported better-than-expected results. Siemens confirmed its full-year estimate. Persimmons plans to build homes near the top end of its previously disclosed target range in 2024.
Domino's Pizza said systemwide order momentum was in growth mode after delivery order growth rebounded from a decline in ten consecutive quarters. Adecco Group's second quarter results were ahead of market expectations.
Woodside Energy agreed to acquire Holland-based OCI's chemical plant in Texas for $2.5 billion. The UK-based shipping broker Clarkson reported a decline in earnings and sales in the first half. L'Oreal acquired a 10% stake in the Swiss dermatology company Galderma.
Chip equipment makers were under pressure after Intel announced a layoff in a drastic bid to cut its operating costs. IAG Group, the parent of British Airways, said it plans to reinstate its dividend. BNP Paribas may acquire the investment arm of AXA.
Airbus, Danone, and Schneider Electric reported better-than-expected financial results. while Safran's results fell short of expectations. HSBC reported steady results and announced a stock buyback program.
BP plc retained its stock repurchase program and increased its dividend by 10% after reporting better-than-expected quarterly results. Standard Chartered Bank announced a new stock repurchase plan.
Luxury stocks were under pressure ahead of key economic data from China this week. Energy stocks advanced amid rising tensions in the Middle East. Heineken plunged after first-half results fell short of market expectations.
