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%
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)