European Movers: BE Semiconductor (BESI NA) +14.0%, BP (BP/ LN) +1.3%, Barrett Redrow (BTRW LN) -0.1%, Glencore (GLEN LN) -1.5%, L'Oreal (OR FP) -1.8%, Vivendi (VIV FP) -6.1%

BE Semiconductor (BESI NA) - Co. has been fielding takeover interest, Reuters reports citing sources. Working with MS to evaluate approaches. Lam Research (LRCX) and Applied Materials (AMAT) are among the potential suitors. (Reuters)

Energy Names - Energy prices continue to gain, with Brent holding above USD 100/bbl. 

Glencore (GLEN LN) - Glencore CEO hopes higher coal prices will support renewed merger talks with Rio Tinto  after talks on a USD 240bln combination ended in February over valuation, Reuters reports. (Reuters)

L'Oreal (OR FP) - Ulta Beauty shares fell over 8% in extended trading after it issued FY  guidance at the low end of expectations, including a cautious outlook for comp sales.

UK Homebuilders / construction - There was another large fall in the construction industry in the latest three months, with continued  contraction in housebuilding. (ONS)

Vivendi (VIV FP) - FY 2025 (EUR): Revenue 307mln (exp. 306.1mln), EBITA +45mln (exp. 59mln, prev. -1mln Y/Y). Vivendi enters  2026 having reduced its financial net debt by more than EUR 1bln over the past year, to EUR 1.5bln as of December 31, 2025. (Vivendi)