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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Unilever July 15 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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European telecoms find some sell-side support

LIVE MARKETS-European telecoms find some sell-side support STOXX 600 up 0.5% Real estate lead gains Eyes on Powell, Thursday's US CPI Wall Street futures edge up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN TELECOMS FINDING SOME SELL-SIDE SUPPORT European telecoms firms are finding some love from the sell-side on Wednesday, as Goldman Sachs lifts the sector to overwei
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds details on fresh job cuts July 9 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO
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Bouygues To Refurbish The Future Office Facilities Of France’s Conseil D’État

BRIEF-Bouygues To Refurbish The Future Office Facilities Of France’s Conseil D’État July 9 (Reuters) - Bouygues SA BOUY.PA : BOUYGUES CONSTRUCTION SELECTED FOR REHABILITATION OF FUTURE OFFICES OF STATE COUNCIL SERVICES DELIVERY SCHEDULED FOR SUMMER 2026 TOTAL AMOUNT OF EUR 15.4 MLN DELIVERY FOLLOWED BY 5 YEARS OF MAINTENANCE Source text: https
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Bouygues Telecom Entreprises Becomes An Official Starlink Reseller

BRIEF-Bouygues Telecom Entreprises Becomes An Official Starlink Reseller July 9 (Reuters) - Bouygues SA BOUY.PA : BOUYGUES TELECOM ENTREPRISES COMPLETES ITS BROADBAND CONNECTIVITY OFFERING WITH STARLINK TODAY ANNOUNCED THAT IT IS ONE OF THE OFFICIAL RESELLERS OF STARLINK, THE WORLD'S LEADING SATELLITE INTERNET SERVICE Further company coverage: BOUY
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France's blue-chip index CAC 40 up after leftist election lead

BUZZ-France's blue-chip index CAC 40 up after leftist election lead ** French blue-chip CAC 40 index .FCHI rises 0.86% by 0835 GMT with banks and construction leading gains, after France's leftist alliance unexpectedly took the top spot in Sunday's elections ** Investors were concerned about the potential for a new tax on French infrastructure stoc
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Expect more telco M&A ahead in Europe, MS says

BUZZ-Expect more telco M&A ahead in Europe, MS says ** After an action packed year so far in European telcos M&A space, Morgan Stanley says there's likely still more to come ** "Whilst our upbeat view on the sector is based on fundamentals, we continue to think M&A could skew the sector's risk reward upward," MS says in a July 3 note ** The broker
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French defence, construction stocks up after first round of election

BUZZ-French defence, construction stocks up after first round of election ** French defence and construction stocks rise after a far-right win in Sunday's first round of voting that somewhat eased investors' uncertainty ** "Uncertainty around the second-round results remains high, but a cohabitation outcome has become more likely than it was before," says Barclays in a note ** The brokerage says the two likely outcomes are a hung parliament with no immediate absolute majority or a National Rally
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Burberry, Hill & Smith, Legal & General

EUROPE RESEARCH ROUNDUP-Burberry, Hill & Smith, Legal & General June 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Hill & Smith and Legal & General, on Wednesday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 1,100p from 1,200p * Future Plc FUTR.L : Jefferies raises to buy from underperform * Hill & Smith HILS.L : Jefferies raises target price to 2,340p from 2,320p * Legal & General LGEN.L : HSBC cuts to ho
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Hochtief, Telenor, Zalando SE

EUROPE RESEARCH ROUNDUP-Hochtief, Telenor, Zalando SE June 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hochtief AG, Telenor and Zalando SE, on Monday. HIGHLIGHTS * Associated British Foods ABF.L : HSBC raises target price to 3,075p from 3,010p * Berkeley Group Holdings Plc BKGH.L : Morgan Stanley cuts PT to 4,369p from 4,516p * Hochtief AG HOTG.DE : Jefferies raises target price to EUR 124 from EUR 109 * Telenor TEL.OL : HSB
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Colas Wins Seven Road Maintenance Contracts In Finland

BRIEF-Colas Wins Seven Road Maintenance Contracts In Finland June 24 (Reuters) - Bouygues SA BOUY.PA : COLAS WINS SEVEN ROAD MAINTENANCE CONTRACTS IN FINLAND DESTIA, FINNISH SUBSIDIARY OF COLAS, HAS BEEN AWARDED SEVEN MULTI-YEAR ROAD MAINTENANCE CONTRACTS BY FINNISH TRANSPORT INFRASTRUCTURE AGENCY WORK WILL START ON 1 OCTOBER 2024 TOTAL VALUE OF CO
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Hargreaves Lansdown, Segro, Umicore

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Segro, Umicore June 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hargreaves Lansdown, Segro and Umicore, on Wednesday. HIGHLIGHTS * GEA Group AG G1AG.DE : Jefferies raises to buy from hold * Hargreaves Lansdown HRGV.L : Jefferies cuts to hold from buy * Oxford Instruments OXIG.L : Berenberg raises target price to 2,945p from 2,640p * Segro SGRO.L : Jefferies cuts to hold from buy *
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That buy-the-dip temptation

LIVE MARKETS-That buy-the-dip temptation STOXX 600 unchanged French politics weigh Sampo bids for Topdanmark Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com THAT BUY-THE-DIP TEMPTATION Markets remain on shaky ground over political developments in Europe and in France, in particular.
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French names drag on European stocks, banks suffer

LIVE MARKETS-French names drag on European stocks, banks suffer Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com FRENCH NAMES DRAG ON EUROPEAN STOCKS, BANKS SUFFER All eyes were on France's benchmark CAC 40 .FCHI at the open, as it sank more than 2.2% following Sunday's news of a snap election.
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Companies invest in EV battery factories in Europe

FACTBOX-Companies invest in EV battery factories in Europe Updates with factories planned by ACC, Douvrin, Dunkirk, Heide June 6 (Reuters) - Europe is seeking to attract electric vehicle (EV) battery makers to build factories in the region - home to carmakers such as Volkswagen and Stellantis - as it tries to cut dependency on Asia and win a green subsidies race with the United States .
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Bouygues: Update On Acquisition Of La Poste Mobile

BRIEF-Bouygues: Update On Acquisition Of La Poste Mobile May 29 (Reuters) - Bouygues SA BOUY.PA : ACQUISITION OF LA POSTE MOBILE : INFORMATION ON THE PROGRESS OF THE OPERATION STATES THAT IT HAS BEEN INFORMED BY SFR AND LA POSTE OF DIFFERENCES BETWEEN THEM REGARDING TERMS AND CONDITIONS OF TRANSACTION, LEADING LA POSTE TO IMPLEMENT DISPUTE RESOLUTI
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch May 29 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. MICHELIN MICP.PA : The French tyre maker announced it expects for 2023-2030 total sales CAGR at 5% as well as a ROCE of more than 10.5%. CASINO CASP.PA : French food retailer Casino on Tuesday said it had completed the sale to Ardian and Bpifrance of its 10.15% residual stake in GreenYellow for ne
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Back Market, Bouygues Telecom Partner In Refurbished Smartphones Market

BRIEF-Back Market, Bouygues Telecom Partner In Refurbished Smartphones Market May 23 (Reuters) - Bouygues SA BOUY.PA : BACK MARKET AND BOUYGUES TELECOM SIGN PARTNERSHIP TO MAKE EASIER THE PURCHASE OF REFURBISHED SMARTPHONES WITH A FIXED PRICE Source text: https://tinyurl.com/yckb8sut Further company coverage: BOUY.PA (Gdansk Newsroom)
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Bouygues Construction Chosen To Carry Out Mohammed VI International University Hospital In Rabat

BRIEF-Bouygues Construction Chosen To Carry Out Mohammed VI International University Hospital In Rabat May 22 (Reuters) - Bouygues SA BOUY.PA : BOUYGUES CONSTRUCTION WAS CHOSEN TO CARRY OUT MOHAMMED VI INTERNATIONAL UNIVERSITY HOSPITAL, IN RABAT DELIVERY SCHEDULED FOR SEPTEMBER 2025 AT A COST OF NEARLY EUR 450 MILLION PROJECT WILL MOBILIZE 3,500 WO
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Bouygues at bottom of CAC 40 after Q1 earnings miss

BUZZ-Bouygues at bottom of CAC 40 after Q1 earnings miss ** Shares in Bouygues BOUY.PA drop almost 5% after the French construction-to-telecoms group posted Q1 core earnings below expectations ** Reported Q1 current operating profit from activities (COPA) was 26 million euros ($28 million), missing a forecast of 34 million euros in a company-compil
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