STMicroelectronics plans to build a new manufacturing plant on the island of Sicily, Italy. Renault announced a joint venture with China-based Geely to manufacture hybrid engines.
BHP Group suspended its takeover offer for Anglo American after multiple rejections. Vinci SA won a construction order from Melbourne Airport, The UK-based Auto Trader reported better-than-expected annual results and declared a cash dividend.
International Distributions Services, the parent company of Royal Mail, agreed to a takeover proposal from Czech billionaire Daniel Kretinsky's EP Group.
The UK-based Intermediate Capital Group reported a record management fee and a strong rise in assets under management in the fiscal year 2024. Cadeler AS reiterated its financial year 2024 revenue and operating earnings outlook.
Aviva's first-quarter earnings were ahead of market expectations. CTS Eventim reported sharply higher operating earnings in the first quarter. Merck agreed to acquire Mirus Bio, and Gerresheimer signed an agreement to purchase the holding company of Bormioli Pharma.
Marks & Spencer reported its largest annual profit in more than a decade, and the company announced its final dividend of 2 pence per share. Aalberts NV, the Dutch engineering company, said organic revenue in the first four months of 2024 fell.
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.
