European Movers: STMicroelectronics (STMPA FP) +7.2%, British Land (BLND LN) +1.4%, BP (BP/ LN) -1.6%, Barry Callebaut (BARN SW) -2.3%, British American Tobacco (BATS LN) -2.6%
Iranian Deputy Secretary of the Supreme National Security Council says "Iran is looking for the release of all assets of Iran that have been blocked by the US, and this is the legal right of the Iranian people", IRIB News reports
EUROPEAN OPEN: STMPA FP raises data centre view; HPE shares surge on beat & raise; GOOG to raise USD 80bln for AI infrastructure; BATS LN raises growth forecast; BARN SW sees mid-term profit growth & volume gains; ABVX FP Ph.3 trial meets endpoint
European Movers: STMicroelectronics (STMPA FP) +7.2%, British Land (BLND LN) +1.4%, BP (BP/ LN) -1.6%, Barry Callebaut (BARN SW) -2.3%, British American Tobacco (BATS LN) -2.6%
BoJ summary of meeting with investors: one participant said the need for further tapering of bond purchases is not high; participant said there is no need for further tapering of bond buying
Spanish Unemployment Change (May) -36.3K (Prev. -62.7K)
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Barry Callebaut (BARN SW) - Co. expects its recurring Operating Profit to grow by mid- to high-single digit percentage in local currencies over the medium term. Co. confirmed its 2025/26 guidance. (Barry Callebaut)
BP (BP/ LN) - Interim Chair Ian Tyler said that senior independent director Amanda Blanc will lead the search for the next chair of the company. (Reuters)
British American Tobacco (BATS LN) - H1 Trading Update: Firmly on track to deliver FY guidance, driven by continued US delivery and New Category momentum. (British American Tobacco)
British Land (BLND LN) - Co. appoints Joanne McNamara as CEO, effective by end of November. (British Land)
STMicroelectronics (STMPA FP) - Co. raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure; now expects data center revenues at about USD 1bln (prev. saw "nicely above USD 500mln). (STMicroelectronics)
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