Keywords Studios said the company is in talks with a private equity group to go private. British Land Company agreed to sell its stake in a shopping center in Sheffield, UK, to Norges Bank Investment Management.
Richemont announced a major shakeup of its management and appointed a new chief executive. Engie reiterated its annual operating earnings outlook. Land Securities said annual rental income declined amid persistent weakness in commercial real estate.
The Italian finance ministry plans to trim its stake in energy company Eni SpA. Aegon launched a stock repurchase plan. Siemens reported a decline in its fiscal second-quarter earnings. The UK-based publishing company launched another stock repurchase program.
ThyssenKrupp lowered its revenue and earnings outlook for the second time in three months. ABN Amro reported strong first quarter earnings but a measure of liquid capital declined in the period. Britvic announced stock buyback plan.
Anglo American announced its plans to sell several assets as part of its turnaround efforts. Veolia Environnement met its core earnings expectations in the first quarter and won a desalination plant contract in the UAE. Flutter Entertainment said first-quarter losses expanded.
Diploma, the cable and wire product maker, lifted its annual earnings outlook. Ceconomy, the German electronics retailer, said adjusted annual earnings are likely to surpass market expectations. Adesso swung to a loss in the first quarter, despite a strong rise in revenue.
Resource stocks advanced in the hopes that demand for iron ore and copper is likely to rebound after China's imports advanced in April. CRH, the building materials company, reiterated its annual outlook.
BBVA launched a hostile takeover offer for Banco Sabadell. Nexi, an Italy-based payment processor, commenced its stock buyback program and reported a rise in revenue and operating earnings. BAE Systems reiterated its full-year outlook.
Credit Agricole reported a surge in its quarterly profit. Societe Generale reported a smaller-than-expected decline in its quarterly profit and reiterated its annual outlook. Krones AG confirmed its 2024 outlook and said first-quarter profit increased.
Shell launched a $3.5 billion stock buyback plan to be completed in the second quarter. Hugo Boss reiterated its annual revenue and operating earnings growth outlook. Vestas reported an unexpected loss in the first quarter.
Domino's Pizza said comparable sales declined in the first quarter but rose from two years ago. Next PLC reiterated its full-year revenue and earnings outlook. GSK Group said the full-year revenue increase is likely to be closer to the upper end of its guidance. Aston Martin reported a wider loss.
HSBC said pre-tax quarterly profit declined, and the chief executive unexpectedly announced his plans to step down. Adidas raised its full-year outlook. Vonovia reiterated its 2024 outlook. Mercedes-Benz, Stellantis, and Volkswagen reported weaker-than-expected quarterly results.
Deutsche Bank said its ongoing litigation costs are likely to negatively impact its second-quarter and full-year earnings. France moved to secure key divisions of the debt-laden Atos SE. Vivendi reported better-than-expected quarterly results.
BHP Group proposed to acquire the rival Anglo American to increase its copper production as the world transitions to electric vehicles, renewable energy equipment, and the smart grid. French defense company Dassault Systemes reported solid first-quarter results.
Evotec swung to a loss in 2023, and the company appointed a new chief executive. Svenka Handelsbanken said quarterly earnings fell after costs rose faster than revenue. Air Liquide said first-quarter revenue declined, reflecting lower energy prices.
