European Equity pre-Market Summary - 7th September 2026: European bourses look set for a muted open, with volumes light as the US takes a holiday
Newsquawk Staff ·
Stories
- AstraZeneca (AZN LN): Camizestrant in combination with a CDK 4/6 inhibitor has been approved in the US for breast cancer treatment.
- EssilorLuxottica (EL FP) -1.0%: CEO has reportedly streamlined senior management following a bust-up with the founder's son, and as the Co. pushes into North America, the FT reports.
- Novartis (NOVN SW) -5.3%: Pelacarsen phase III Lp(a) HORIZON trial did not meet its primary endpoints.
M&A
- Iveco Group (IVG IM): Tata Motors (TMCV IS) has launched an open offer for Iveco Group shares at EUR 14.10/shr, valuing the Italian commercial vehicle manufacturer at around EUR 3.82bln.
The numbers after the Co. & ticker are the pre-market indication via Tradegate
- Merck & Co (MRK) and Moderna (MRNA) say safety profile of Intismeran plus Keytruda was generally consistent with previously reported studies of combination; significantly reduced the risk of recurrence or death by 42% compared to Keytruda alone
- L'Oreal (OR FP) CEO says China market slowed a tiny bit in Q3 but maintained growth rate, favoured by dynamic premium segment
- L'Oreal (OR FP) Q3 2026 (EUR): Sales 11.56bln (exp. 11.23bln), Adj. LFL revenue +7.7% (exp. +5.43%); 2026 outlook: sees another year of growth in sales and profit
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile
- US PREMARKET MOVERS: META, TSLA, IBM, LRCX, BX, PG, CMCSA, SAP, BABA
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