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BNP Paribas shares drop sharply as quarterly results disappoint

UPDATE 2-BNP Paribas shares drop sharply as quarterly results disappoint Shares down about 6% Performance lags forecast-beating rivals Investment banking upturn fails to impress Adds market reaction in paragraphs 1-5 By Mathieu Rosemain PARIS, Oct 31 (Reuters) - BNP Paribas BNPP.PA shares dropped sharply on Thursday as third-quarter results from its investment banking division, lower than expected capital buffers and weaker than expected sales in Belgium disappointed investors.
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BNP Paribas meets profit forecast thanks to investment bank

BNP Paribas meets profit forecast thanks to investment bank Trading business offsets decline in car-leasing activity Investment unit drives sales growth French bank confirms 2024 targets By Mathieu Rosemain PARIS, Oct 31 (Reuters) - BNP Paribas BNPP.PA said on Thursday that increased trading activity at its investment banking division helped it meet profit forecasts in the third quarter, after its consumer finance and car-leasing businesses disappointed.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Eiffage, Advent International, Manara Minerals, Saba Infraestructuras Oct 16 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 2 000 GMT on Wednesday: * * Spanish parking operator Saba Infraestructuras will be integrated into Belgium-based Interparking after their main shareholders agreed to a merger, the companies said in a joint statement on Wednesday.
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Spanish parking operator Saba to merge with Belgium's Interparking

Spanish parking operator Saba to merge with Belgium's Interparking MADRID, Oct 16 (Reuters) - Spanish parking operator Saba Infraestructuras will be integrated into Belgium-based Interparking after their main shareholders agreed to a merger, the companies said in a joint statement on Wednesday. The three partners - Belgian insurer AG's AGES.BR property subsidiary, Dutch pension fund APG and Spanish holding Criteria Caixa - will become the main shareholders in the new Interparking Group, which wi
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: CVS, Frasers Group, Tetragon, Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: * * CVS Health CVS.N is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesperson confirmed to Reuters on Friday.
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UK stocks record second straight week of declines

UPDATE 1-UK stocks record second straight week of declines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Sainsbury's hits 2-month low as top shareholder cuts stake BP falls after forecasting Q3 profit slump UK economy grows 0.2% in August FTSE 100 up 0.2% Updated at 1700 GMT By Sruthi Shankar and Shubham Batra Oct 11 (Reuters) - London stocks rounded off the week on a dour note as investors were disappointed after China failed to annou
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates: Nippon Steel Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Nippon Steel 5401.T said it will sell its entire 50% stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal MT.LU , if the top Japanese steelmaker succeeds in a buyout bid for United States Steel X.N .
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Sanofi SASY.PA has entered into talks to sell a controlling 50% stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice, the French pharmaceutical group said.
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UK's Saga jumps after HY profit growth, deal talks with Ageas

BUZZ-UK's Saga jumps after HY profit growth, deal talks with Ageas ** Shares of British holiday group Saga SAGA.L rise 20.6% at 150.8p, its level highest since Jan 30, 2024 ** Stock top gainer on FTSE small cap index .FTSC ** Co says Belgian insurer Ageas AGES.BR in talks to buy its insurance underwriting business for 67.5 mln pounds ($88.07 mln) *
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UK's Saga shares soar on exclusive insurance talks with Belgium's Ageas

UPDATE 2-UK's Saga shares soar on exclusive insurance talks with Belgium's Ageas Releads with shares, adds Saga results paragraph 5, shares, analyst 10-13 LONDON, Oct 11 (Reuters) - Shares in Saga SAGA.L soared 11% on Friday after the British over-50s holiday group and Belgian insurer Ageas AGES.BR said they were in exclusive talks to set up a 20-year motor and home insurance broking partnership and after Saga reported underlying profits which more than tripled from a year earlier.
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UK Stocks-Factors to watch on Oct 11

UPDATE 1-UK Stocks-Factors to watch on Oct 11 Adds new items, updates futures Oct 11 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.1%. * BP: BP BP.L said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. * SAGA: British holiday group Saga SAGA.L said that Ageas AGES.BR would buy its insurance underwriting business for 67.5 million pounds ($88.06 million), and that it was in
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Belgian insurer Ageas to buy Saga's insurance underwriting business

Belgian insurer Ageas to buy Saga's insurance underwriting business Oct 11 (Reuters) - British holiday group Saga SAGA.L said on Friday that Ageas AGES.BR would buy its insurance underwriting business for 67.5 million pounds ($88.1 million), and that it was in exclusive talks to set up a 20-year partnership for motor and home insurance with the Belgian firm.
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Ageas UK In Exclusive Negotiations Over 20-Year Partnership With Saga Services Limited

BRIEF-Ageas UK In Exclusive Negotiations Over 20-Year Partnership With Saga Services Limited Oct 11 (Reuters) - Ageas SA AGES.BR : ANNOUNCES EXCLUSIVE NEGOTIATIONS TO STRENGTHEN ITS PARTNERSHIP WITH UK OVER 50S SPECIALIST SAGA AGEAS WOULD ALSO ACQUIRE SAGA'S INSURANCE UNDERWRITING BUSINESS, AICL 20-YEAR PARTNERSHIP AGEAS UK WOULD ENTER INTO A 20-YE
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Anglo American, Boliden, Central Asia Metals

EUROPE RESEARCH ROUNDUP-Anglo American, Boliden, Central Asia Metals Oct 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Boliden and Central Asia Metals, on Thursday. HIGHLIGHTS * Anglo American AAL.L : JP Morgan cuts to neutral from overweight * Boliden AB BOL.ST : JP Morgan cuts to underweight from neutral * Central Asia Metals Plc CAML.L : Berenberg cuts to hold from buy * Fevertree Drinks Plc FEVR.L : Exane BN
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UK Stocks-Factors to watch on Oct. 2

UPDATE 1-UK Stocks-Factors to watch on Oct. 2 Adds new items, updates futures Oct 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0 .2%. * JD SPORTS: British sportswear retailer JD Sports Fashion JD.L beat a consensus forecast for first-half profit and said it was on track to meet annual guidance, showing its multi-brand strategy working at a time when Nike is struggling.
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Holiday group Saga's shares spike on Ageas insurance deal talks

UPDATE 3-Holiday group Saga's shares spike on Ageas insurance deal talks Saga says no certainty deal will go through Postpones HY results Shares rise as much as 14.6% Adds Ageas declining to comment in paragraph 7, updates shares By Yamini Kalia Oct 2 (Reuters) - Britain's Saga SAGA.L said on Wednesday it is in talks with Belgian insurer Ageas AGES.BR on an insurance partnership, sending the holiday group's shares up more than 14%.
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UK's Saga in talks with Belgium's Ageas for insurance partnership

UPDATE 1-UK's Saga in talks with Belgium's Ageas for insurance partnership Recasts lede, adds background in paragraph 3 and details in paragraph 7 Oct 2 (Reuters) - British holiday group Saga SAGA.L said on Wednesday that it is in talks with Belgian insurer Ageas AGES.BR for a potential partnership for its insurance business. S aga , which specializes in holidays and insurance for people over 50, has been struggling with its insurance business and a rising debt pile .
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Eurpoean futures point to tepid start

LIVE MARKETS-Eurpoean futures point to tepid start Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES POINT TO TEPID START European futures are pointing to a marginally positive open, but the mood remains tense amid developments in the Middle East.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 2 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. Ageas AGES.BR British holiday group Saga SAGA.L is in talks with Belgium-based insurer Ageas regarding a long-term partnership arrangement for its insurance division, Sky News reported on Tuesday.
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UK's Saga in talks with Belgium's Ageas for insurance partnership

UK's Saga in talks with Belgium's Ageas for insurance partnership Oct 2 (Reuters) - British holiday group Saga SAGA.L said on Wednesday that it is in talks with Belgium-based insurer Ageas AGES.BR for a potential partnership for its insurance business. Reporting by Yamini Kalia in Bengaluru; Editing by Sonia Cheema
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