equity
Top StoriesNew Morrisons Owner Avoids Deal Probe With Petrol Station Sale
Top StoriesFrance’s BNP Paribas Beats Earnings Forecasts on Bumper Trading Revenue
Top StoriesHSBC Shares Rise as Markets Warm up to Break-Up Proposal by Top Shareholder
InvestingBrief Crash Hits European Stocks in Holiday-Thinned Trading
Miners, Earnings Lift European Stocks at End of Choppy April
Date: April 29, 2022
By Sruthi Shankar and Susan Mathew (Reuters) -European shares on Friday rose to their highest in a week as strong earnings reports and a rally in miners boosted risk appetite at the end of a volatile month dominated by concerns about slowing global growth. The pan-European STOXX 600 index rose 0.7%, trimming its monthly declines...
Finland’s Sampo Sells Entire Nordea Stake
Date: April 29, 2022
STOCKHOLM (Reuters) -Finnish insurer Sampo said on Friday it had sold its remaining stake in banking group Nordea to institutional investors for 1.84 billion euros ($1.94 billion). Sampo had said on Thursday that it would sell around half its remaining holding in Nordea, after announcing a strategic shift last year to focus on its insurance...
Sabadell’s Q1 Hits Profitability Target After Lower Costs, Provisions
Date: April 28, 2022
By Jesús Aguado MADRID (Reuters) – Spain’s Sabadell on Thursday hit its profitability target of more than 6% earlier than expected following cost savings, lower provisions and a positive contribution from its British unit TSB. The country’s fourth-largest bank in terms of total assets reported a net profit of 213 million euros ($224.5 million) in...
Us, European Shares Rise as Earnings Mixed; Euro Dives to Lowest Since 2017
Date: April 27, 2022
By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) – Major U.S. and European equity indexes rose in choppy trade on Wednesday, and the euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland and investors worried more about the region’s economy. Wall Street rose, rebounding the day after a...
European Stocks Bounce Back on Earnings Support
Date: April 26, 2022
By Anisha Sircar (Reuters) -European shares breathed a sigh of relief on Tuesday as earnings from companies including Swiss bank UBS and shipping giant Maersk boosted sentiment, following an equity sell-off in the previous session driven by global growth fears. The continent-wide STOXX 600 rose 0.6% after plunging nearly 2% on Monday on worries of...
Sodexo in Talks With Cvc on Restaurant Check Business – Les Echos
Date: April 25, 2022
PARIS (Reuters) -Sodexo has entered talks with buyout firm CVCon a deal about its restaurant check unit, French business daily Les Echos reported on Monday, citing sources close to the talks. Both CVC and Sodexo declined to comment. Sodexo is prepared to sell 20% to 30% of the unit, which could be valued at as...