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UMG rises on subscription revenue recovery

BUZZ-UMG rises on subscription revenue recovery ** Shares of Universal Music Group UMG.AS rise about 2%, paring earlier gains of 5.6%, after the music label reported higher-than-expected Q3 revenue and subscription revenue ** The label's Q3 total revenue comes in at EUR 2.87 bln ($3.12 bln), ahead of the EUR 11.64 bln expected by analysts, accordin
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French and Benelux stocks-Factors to watch

REFILE-French and Benelux stocks-Factors to watch Removes "hold" in the headline Nov 1st (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. CASINO CASP.PA : French retailer Casino on Thursday reported 9-month group adjusted EBITDA at 402 million euros.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 31 (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. AIRBUS AIR.PA : Airbus reported Q3 net income at EUR 983 million, and said it would propose a third therm for CEO Guillaume Faury. AXA AXAF.PA : Axa reported 9-month revenues up 7% at EUR 84.0 billion, in line with expectations.
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ING to distribute 2.5 billion euros of profits, lifts FY outlook

UPDATE 2-ING to distribute 2.5 billion euros of profits, lifts FY outlook To distribute up to 2.5 bln euros via buy-back, dividend Q3 NII falls more than 8% y/y, misses expectations Lifts total income FY outlook to over 22.5 bln euros Shares up 0.7% after falling nearly 6% in early trading Releads, adds share move in paragraph 4, CEO quote in paragraph 6, rewrites throughout By Mateusz Rabiega and Gianluca Lo Nostro Oct 31 (Reuters) - ING Groep INGA.AS missed third-quarter earnings forecasts on
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Soitec, Besi shares dragged by peers Melexis, Qorvo morose updates

REFILE-BUZZ-Soitec, Besi shares dragged by peers Melexis, Qorvo morose updates Deletes extraneous words in 7th bullet ** European tech firms incl chipmakers drop, with analysts noting negative read-across from updates by Belgium's Melexis MLXS.BR and US's Qorvo QRVO.O and AMD AMD.O ** Pan-European STOXX tech index .SX8P falls 1.7%, leading sectoral losses on the wider STOXX 600 .STOXX index, which is down 0.86% ** Besi BESI.AS falls 3.2%, most among Amsterdam blue chips .AEX , while Soitec SOIT.
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ASMI jumps as guidance hike, Q3 beat suggest no slowdown

BUZZ-ASMI jumps as guidance hike, Q3 beat suggest no slowdown ** ASM International ASMI.AS shares gain 5.7% after the chip-making equipment supplier raised its 2025 forecast range and reported better-than-expected Q3 results ** ASMI adjusts 2025 sales guidance to 3.2-3.6 billion euros ($3.5-3.9 billion) from 3-3.6 billion euros seen previously ** "No guidance cut for 2025 shows strong demand for GAA (gate-all-around) related products," Stifel says ** The broker notes that the Q3 consensus beat a
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 30 (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. VIVENDI VIV.PA : Paris-based investment fund CIAM said on Tuesday it would appeal to France's financial watchdog AMF to ensure shareholder rights are respected in Vivendi's plan to split up, urging a public offer be launched for Vivendi shares.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 29 (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. VINCI SGEF.PA : The company won a 2.49 billion euros contract to extend a Chicago metro line. GIMV GIMV.BR : The company announced a participation in a financing round at Kivu Bioscience.
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Besi rises as investors look beyond downturn to hybrid bonding surge

BUZZ-Besi rises as investors look beyond downturn to hybrid bonding surge ** Besi BESI.AS rises 2.5% after it forecast a rise in demand for its hybrid bonding systems in 2025 following Q4 shipment delays and Q3 orders miss ** Q3 order bookings are down 18% quarter-on-quarter to 151.8 million euros ($163.8 million), below Visible Alpha estimate of 1
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French and Benelux stocks-Factors to watch

UPDATE 1-French and Benelux stocks-Factors to watch Adds Atos, Danone, Dassault, Eramet, Hermes, Orange and Renault Oct 24 (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. A TOS ATOS.PA : The struggling French IT firm reported a 4.4% organic drop in third-quarter revenue on Thursday, blaming softer market conditions, but said it had seen an improved order entry for the next quarter.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 24 (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. BIC BICP.PA : French pencil manufacturer Bic has upgraded its margin outlook amidst Q3 results CARREFOUR CARR.PA : Europe's largest food retailer maintained its 2024 financial goals.
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'Fulfilling promise of being boring' - Heineken shares edge up on in-line Q3

BUZZ-'Fulfilling promise of being boring' - Heineken shares edge up on in-line Q3 ** Shares in Heineken HEIN.AS edge up about 2% after the world's second-largest brewer posted a largely in-line Q3 results and confirmed FY guidance ** The brewer reports 3.3% rise in quarterly organic net revenue, just beating analyst expectations of 3.2% growth, and
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AkzoNobel drops on Q3 miss, lowered FY guidance

BUZZ-AkzoNobel drops on Q3 miss, lowered FY guidance ** Shares in AkzoNobel AKZO.AS fall 4% to the bottom of Amsterdam's blue-chip index .AEX after the Dulux paint maker announced Q3 sales and core profit misses amid weak consumer demand and lowered its FY outlook ** The group said it expected its adjusted EBITDA to reach 1.5 billion euros ($1.62 billion) this year, at the bottom of its earlier forecast range ** "Overall, this print looks somewhat weak and, hence, we expect the stock to likely u
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AkzoNobel misses Q3 forecasts as China's real estate slowdown drags paint sales

UPDATE 3-AkzoNobel misses Q3 forecasts as China's real estate slowdown drags paint sales Q3 adj. EBITDA at 394 mln euros vs consensus of 404 mln euros Weak consumer confidence in China weighs on paint sales China's high industrial activity helps coatings business Adds detail on China, quotes from CFO interview in paragraphs 1-6 By Anna Peverieri and Dimitri Rhodes Oct 23 (Reuters) - Dulux paints maker AkzoNobel AKZO.AS missed expectations for third-quarter revenue and earnings on Wednesday, as C
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 23 (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. CARREFOUR CARR.PA : Food retailer Carrefour Brasil CRFB3.SA has agreed to sell 15 properties to a real estate fund for 725 million reais ($127.4 million), it said on Tuesday .
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Randstad rises on Q3 EBITA beat

BUZZ-Randstad rises on Q3 EBITA beat ** Shares in Randstad RAND.AS rise almost over 4% as the world's largest employment agency posted Q3 core profit slightly above expectations ** Q3 EBITA before one-off items came in at 196 million euros ($212 million), slightly above the 192 million expected by analysts on average in a company-provided consensus
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 21 (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. FORVIA FRVIA.PA The company on Monday posted third-quarter sales , flagging some optimism linked to its operation in China. SANOFI SASY.PA The French company said on Monday it had entered exclusive negotiations for the sale of a 50% controlling stake in its consumer health business Opella to U.S.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 18 (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. ASCENCIO ASCE.BR Ascencio said on Thursday it will partner with Allego to expand the network of charging stations in Belgium. CASINO GUICHARD PERRACHON CASP.PA Casino has initiated statutory buyout proceedings to acquire the remaining 1.17% of Cnova's share capital, the French supermarket chain sa
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 17 (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. AEROPORTS DE PARIS ADP.PA ADP published September traffic for the group up 5.5% at 32.9 million passengers. Pan-European market data: European Equities speed guide...................
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 16 (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. ASML ASML.AS In a video interview on Q3 earnings, group CFO said it expects China to come in at around 20% of the Dutch semiconductor equipment maker's total revenue in 2025. CREDIT AGRICOLE CAGR.PA French bank Credit Agricole said it is planning to buy a 50% stake in Chinese company GAC Finance L
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