European Movers: Remy Cointreau (RCO FP) +9.9%, Autotrader (AUTO LN) +1.7%, Smith & Nephew (SN/ LN) +0.7%, Mitie Group (MTO LN) +0.3%, ASML (ASML NA) -0.6%, UMG (UMG NA) -6.3%

Newsquawk StaffPublished 4 Jun 2026, 07:23 UTCOn the live feed at 07:03 UTC — 6 more headlines followed before this page went public

Newsquawk headlinesUTC

07:10

EUROPEAN OPEN: ABDN LN, CCC LN and INVP LN join FTSE 100; Castlelake mulls MSC for EZJ LN bid; CBK GY contacts BaFin over UCG IM; TSM cites ASML NA cost hurdle; AVGO falls after earnings; PSH LN seeks UMG NA stake sale

07:09

China's MOFCOM says the US abuse of export controls is disrupting stability in the global semiconductor production and supply chain; China opposes US trade restrictions on China justified by "forced labour"

07:03

European Movers: Remy Cointreau (RCO FP) +9.9%, Autotrader (AUTO LN) +1.7%, Smith & Nephew (SN/ LN) +0.7%, Mitie Group (MTO LN) +0.3%, ASML (ASML NA) -0.6%, UMG (UMG NA) -6.3%

07:02

China to lower retail gasoline prices by CNY 525 per metric ton from June 5th

07:01

Pakistani Foreign Minister, on reports of halted US-Iran talks, says "Our dialogue process continues”, Pakistani journalist Mallick posts

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.

Try the platform free

Free. No signup, no card.

Autotrader (AUTO LN) initiated with Buy at Goldman Sachs

Mitie Group (MTO LN) - FY 2025/26 (GBP): Revenue 5.62bln (exp. 5.65bln, prev. 5.08bln Y/Y), Operating Profit before Other Items 264mln (prev. 234mln Y/Y), Total Order Book 16.3bln (prev. 15.4bln Y/Y), launches new GBP 60mln share buyback programme. Confident in delivering FY25-27 strategic plan. (Mitie Group)

Remy Cointreau (RCO FP) - FY 2025/26 final (EUR): Sales 935.3mln (prev. 984.6mln Y/Y), Current Operating Profit 165.4mln (prev. 217mln Y/Y), to propose an ordinary dividend of EUR 0.75/shr. Announces the launch of RC Forward, a three-year transformation plan. Anticipates a return to sustainable organic sales growth in FY 2026/27. Will present medium-term objectives in November 2026. (Remy Cointreau)

Smith & Nephew (SN/ LN) downgraded to Hold from Buy at Kepler Cheuvreux

UMG (UMG NA)/Pershing Square (PSH LN) - Pershing Square looking to offload 4.7% stake in UMG, looking to sell 80.6mln shares in a range of EUR17.66-18.62/shr. (Bloomberg)

Equities · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

EQUITIES/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Equity indices, after we published−0.1%

EQUITIES/7 Sept · 09:15 UTC

Volkswagen (VOW3 GY) says that the Co., Lower Saxony and Aurelius Capital have agreed on key terms for the sale of Osnabrueck Plant; aims to secure the site and majority of jobs in the long term.

Market, after we published+1.6%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.