Alstom announced job cuts, asset sales, and a possible stock offering to bolster its balance sheet. Alcon tightened its annual sales and earnings outlook. Infineon Technologies estimated higher annual sales in the current fiscal year.

Salzgitter AG reported a sharp decline in nine-month earnings and sales and said its return on capital will lag from the previous year. Bilfinger SE reported a rise in sales and earnings but forecasted a decline in annual free cash flow. Phoenix Group increased its interim dividend.

Mining stocks declined following weak base and precious metals prices. Allianz reiterated its annual operating profit outlook. Diageo issued an operating profit growth warning.

Flutter Entertainment plans to list its stock in the U.S. Taylor Wimpey reiterated its annual outlook. Henkel lifted its annual estimate outlook. Wizz Air estimated a narrowed annual loss.

Credit Agricole reported a surge in profit, and the weakness in retail banking was offset by the strength in corporate and investment banking. Continental tightened its annual revenue outlook. Marks & Spencer reported strong sales and earnings gains.

Resource stocks edged lower after China reported mixed international trade data in October. Engie SA lifted its annual outlook. Associated British Foods declared a special dividend.

Ryanair said its annual profit is likely to exceed the previous record set in 2018, and the discount carrier plans to pay a regular dividend. Telecom Italia agreed to sell its landline network. PostNL reported a quarterly loss and estimated a weaker annual profit outlook.



A.P. Moeller-Maersk lowered its full-year outlook and announced a large job cut. BMW reported a decline in quarterly earnings. Vonovia reiterated its full-year outlook. Societe Generale said third-quarter earnings declined.

Aston Martin reported a wider-than-expected quarterly loss. ASOS plc said quarterly losses expanded as the company struggled with the post-pandemic bust. Next Plc lifted its profit outlook for the fourth time this year. Skansa AB said quarterly losses expanded, reflecting a weak commercial real estate market.

Anheuser-Busch reported higher-than-expected sales growth in the third quarter, but Carlsberg warned of weak consumer sentiment in Europe and Southeast Asia. Thales SA said new order inflows in the nine-month period declined from a year ago.

Reckitt Benckiser Group launched its stock buyback plan. Clariant AG agreed to acquire the Canada-based cosmetic company from IFF. Glencore lowered its 2023 nickel production estimate.

Sanofi SA reiterated its annual outlook, and the company plans to separate its consumer products business. Remy Cointreau lowered its annual outlook. MTU Aero Engines reiterated its annual outlook. Covestro AG confirmed merger talks with ADNOC.

Standard Chartered swung to a quarterly loss after the bank took a larger charge linked to the Chinese commercial property sector. WPP lowered its outlook for the second time in as many quarters. Mercedes-Benz cited growing pressures on sales margins.

Reckitt Benckiser reported weaker-than-expected comparable sales in the third quarter. Deutsche Bank said it plans to increase and accelerate distributions to shareholders. Worldline SA plunged after the French payment company lowered its annual growth estimate range.



Barclays said it plans to accelerate its cost-cutting plans and confirmed the bank is facing margin pressures. Bunzl said quarterly revenue edged lower. Puma reiterated its annual outlook. Hermes quarterly sales were ahead of expectations.