LEG Immobilien launched a senior convertible unsecured bond offering to repay existing debt. Elekta AB reported better-than-expected fiscal first-quarter results. Mining companies traded down after copper prices eased on China demand growth worries.
Mining companies advanced after copper prices soared to six-week highs. Bunzl plc jumped to a record high after the company increased its interim dividend and launched a stock repurchase plan. Flughafen Zuerich reported weaker-than-expected first-half results.
Oil exploration companies traded higher amid a rise in crude oil prices after Israel and Hezbollah exchanged heavy fire on Sunday. Multiple airlines suspended flights to several cities in Israel.
CTS Eventim lifted its annual outlook. Swiss Re reported higher sales and earnings in the first half and confirmed its annual outlook. Oil companies declined after crude oil prices fell for the fifth session in a row.
The UK's antitrust authority signaled its readiness to approve Barratt Developments and Redrow merger plans. The Swiss eyecare company Alcon reported weaker than expected second-quarter results.
Denmark-based Jyske Bank reported higher income in the first half and reiterated its annual outlook near the upper end of the previously announced range. Oil stocks declined after crude oil prices dropped to a two-week low. Antofagasta reported a marginal decrease in its first-half income.
Barratt Developments and Redrow plc said their merger plans are on track to be completed by the week's end. Aerospace stocks were under pressure on German spending cut worries. Plus500 said its annual results are likely to surpass market estimates.
Bayer scored a U.S. legal victory against claims that its weedkiller products causes cancer. Nibe AB reported sharp fall in revenue and earnings in the first-half of 2024 but held out for a recovery in the second half.
Swiss sanitary products maker Geberit estimated flat annual revenue growth in 2024 in local currencies. Admiral Group reported better-than-expected first-half results. Adyn NV reported strong first-half results and announced its plans to expand in India.
UBS said second-quarter profit soared after Credit Suisse integration supported revenue increases. ThyssenKrupp lowered its annual outlook for the third time this year. Aviva reported better-than-expected operating profit in the first half.
HelloFresh reported better-than-expected second quarter results. Valneva SE swung to a profit in the first half and reiterated its annual outlook. Evotec achieved significant research progress to qualify for a milestone-based payment.
Hargreaves Lansdown agreed to be acquired by a consortium of private equity groups led by CVC Partners. Generali Group reported mixed first-half results.
Allianz, Beazley, and Zurich Insurance reported better-than-expected results. Siemens confirmed its full-year estimate. Persimmons plans to build homes near the top end of its previously disclosed target range in 2024.
Domino's Pizza said systemwide order momentum was in growth mode after delivery order growth rebounded from a decline in ten consecutive quarters. Adecco Group's second quarter results were ahead of market expectations.
