Europe Movers: Adesso, Ceconomy, Diploma, Mission Group, Victrex

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. 

Europe Movers: CRH, Cairn Homes, IAG, Iveco, Resource Stocks

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.

Europe Movers: BAE, Banco de Sabadell, BBVA, ITV, John Wood, Nexi, Telefonica

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. 

Europe Movers: Credit Agricole, Daimler Truck, Future. Krones, Henkel, Societe Generale, Trainline

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.

Europe Movers: Hugo Boss, Novo Nordisk, Teleperformance, Smurfit Kappa, Shell, Standard Chartered, Vestas

Shell launched a $3.5 billion stock buyback plan to be completed in the second quarter. Hugo Boss reiterated its annual revenue and operating earnings growth outlook. Vestas reported an unexpected loss in the first quarter. 

Europe Movers: Aston Martin, Domino's Pizza, GSK Group, Next PLC

Domino's Pizza said comparable sales declined in the first quarter but rose from two years ago. Next PLC reiterated its full-year revenue and earnings outlook. GSK Group said the full-year revenue increase is likely to be closer to the upper end of its guidance. Aston Martin reported a wider loss.

Europe Movers: Adidas, Air France, Deutz, Glencore, HSBC, Hargreaves, Mercedes-Benz, Stellantis

HSBC said pre-tax quarterly profit declined, and the chief executive unexpectedly announced his plans to step down. Adidas raised its full-year outlook. Vonovia reiterated its 2024 outlook. Mercedes-Benz, Stellantis, and Volkswagen reported weaker-than-expected quarterly results.

Europe Movers: AstraZeneca, Atos, Banco Bilbao, Deutsche Bank, Vivendi

Deutsche Bank said its ongoing litigation costs are likely to negatively impact its second-quarter and full-year earnings. France moved to secure key divisions of the debt-laden Atos SE. Vivendi reported better-than-expected quarterly results.

Europe Movers: Anglo America, BHP, Barclays, Dassault, Delivery Hero, Pernod Ricard, Persimmon, Hellofresh, Nestle, Unilever

BHP Group proposed to acquire the rival Anglo American to increase its copper production as the world transitions to electric vehicles, renewable energy equipment, and the smart grid. French defense company Dassault Systemes reported solid first-quarter results.

Europe Movers: ASM, Air Liquide, Filtronic, Handelsbanken, Kering, Reckitt Benckiser, Roche, Volvo

Evotec swung to a loss in 2023, and the company appointed a new chief executive. Svenka Handelsbanken said quarterly earnings fell after costs rose faster than revenue. Air Liquide said first-quarter revenue declined, reflecting lower energy prices.

Europe Movers: ABF, Anglo American, Kuehne & Nagle, JD Sports, Novartis, Renault, SAP, Taylor Wimpey

JD Sports proposed to acquire the U.S.-based sports retail chain Hibbett. Novartis raised its annual outlook. Taylor Wimpey reiterated its 2024 estimates. Associated British Foods lifted its annual profit guidance.

Europe Movers: Alstom, Galp Energia, Hipgnosis Song Fund, Tesco, Tyman

Alstom agreed to sell its rail signaling operations in North America. Tyman agreed to be acquired by Quanex. Tesco launched the first tranche of its one billion-pound stock buyback plan.

Europe Movers: 888 Holdings, L'Oreal, Man Group, Schneider Electric, Sodexo

Sodexo reiterated its 2024 revenue growth to be near the top end of its previously issued guidance. L'Oreal said comparable sales in the first quarter increased by 9.4%. 888 Holdings reported better-than-expected first-quarter revenues and supported its full-year targets. 

Europe Movers: ABB, BHP, Centamin, Danone, easyJet, Nokia, Sartorius

ABB offered a positive outlook for fiscal 2024. Danone reiterated its fiscal year outlook after reporting a strong sales increase in the latest quarter. Nokia reported a weaker-than-expected profit in the first quarter. 

Europe Movers: Adidas, ASML, LVMH, Rio Tinto, Volvo

LVMH said quarterly revenue declined following the weakness in its wine and spirits, watches, and jewelry segments. ASML reiterated its annual sales outlook despite weaker-than-expected new orders in the first quarter.