European Movers: Kongsberg Gruppen (KOG NO) +3.2%, STMicroelectronics (STMPA FP) +2.7%, Adidas (ADS GY) +1.7%, Sanofi (SAN FP) -1.1%, Pennon (PNN LN) -1.6%, WH Smith (SMWH LN) -14.6%

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

EUROPEAN OPEN: TSM revenue rises in May; MBG GY to sign anti-drone infrastructure MoU; SMWH LN cuts guidance, will raise capital; INGA NA launches retail subscriptions; SAN FP halts late-stage riliprubart trial; ADS GY, STMPA FP upgraded

Iran's missile and drone operations against US bases were successful, Al Mayadeen reports, citing a source

European Movers: Kongsberg Gruppen (KOG NO) +3.2%, STMicroelectronics (STMPA FP) +2.7%, Adidas (ADS GY) +1.7%, Sanofi (SAN FP) -1.1%, Pennon (PNN LN) -1.6%, WH Smith (SMWH LN) -14.6%

Volvo (VOLVB SS) targeting around USD 3bln autonomous vehicle revenue in five years

Bloomberg calculations show global Government bond sales reach USD 504bln in record first half

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

Adidas (ADS GY) upgraded to Outperform from Sector Perform at RBC.

Kongsberg Gruppen (KOG NO) - Co. launces its new ambitions: aiming to increase revenue to NOK 100bln in 2029 and 2033 revenue  of NOK 150bln, with an ambition to generate EBIT margin >16%. (Kongsberg Gruppen)

Pennon (PNN LN) - FY 2025/26 (GBP): Revenue 1.29bln (exp. 1.31bln), Pretax profit 114.4mln (exp. 132mln), financial performance will continue to improve through increased revenues and ongoing focus on cost management. (Pennon) 

Sanofi (SAN FP) - Co. has halted the riliprubart MOBILIZE phase 3 study, following an interim analysis determining that the study is unlikely to provide sufficient efficacy. (Sanofi)

STMicroelectronics (STMPA FP) upgraded to Buy from Neutral at BofA

WH Smith (SMWH LN) - Trading Update: Total revenue +5% Y/Y, LFL Revenue +5% Y/Y, cuts FY26 pretax profit guidance to between 75-90mln (prev. guided 90-105mln), files to sell 25mln shares through retail offer. (WH Smith)

Related headlines

The whole workspace, free to try.

Try it free