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Scor investors’ bad year can still get worse

BREAKINGVIEWS-Scor investors’ bad year can still get worse The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, July 16 (Reuters Breakingviews) - Scor SCOR.PA investors must be wishing they had access to a time machine. It’s six years since the 3.5 billion euro French reinsurer fought off a hostile takeover from its domestic rival Covéa, which valued the company at 43 euros per share.
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European shares slip as lacklustre miners, luxury retailers weigh

UPDATE 1-European shares slip as lacklustre miners, luxury retailers weigh For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 down 0.5% Scor at bottom of STOXX 600 on forecast cut SEB gains after upbeat quarterly profit Updated at 0840 GMT By Shristi Achar A and Pranav Kashyap July 16 (Reuters) - European shares fell on Tuesday following weakness in metal miners and dour earnings from luxury retailer Hugo Boss, while markets also
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Lots of red

LIVE MARKETS-Lots of red STOXX 600 down 0.5% Scor, Hugo Boss warn on results Wall St futures inch lower 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 LOTS OF RED Most major industry sectors and national benchmarks are in the red after the first hour of trading on Tuesday without much positive news to point to.
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Scor plunges on life unit profit warning

BUZZ-Scor plunges on life unit profit warning ** Shares in Scor SCOR.PA drop around 18% to April 2023 lows after the French reinsurer cut guidance for its life and health (L&H) unit ** The unit's Q2 insurance service result (ISR) is expected at a loss of about 0.4 bln euros and full-year ISR is seen significantly less than the 500 mln euros guided
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 16 (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. EUROFINS EUFI.PA The Luxembourg-based firm on Monday said it opposed the decision by its competitor SGS to call off a planned sale of its crop science unit.
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Scor Says Q2 2024 L&H Insurance Service Result Is Expected At -0.4 Bln Euros

BRIEF-Scor Says Q2 2024 L&H Insurance Service Result Is Expected At -0.4 Bln Euros July 15 (Reuters) - Scor SE SCOR.PA : SCOR PROVIDES AN UPDATE ON ITS Q2 2024 AND FY 2024 RESULTS SCOR - Q2 2024 L&H INSURANCE SERVICE RESULT (ISR) IS EXPECTED AT C. EUR -0.4 BILLION SCOR - ADJUSTMENTS HAVE NO IMPACT ON GROUP LIQUIDITY POSITION AT YEAR-END 2024. SCOR:
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French lenders risk higher cost of equity post elections, says JPM

BUZZ-French lenders risk higher cost of equity post elections, says JPM ** With the prospect of hung parliament after a surprise left-wing surge in French elections , J.P.Morgan says domestic lenders could see higher cost of equity ** "With a left lead government, markets will likely assume slightly higher risk of fiscal slippage with more pressure
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Scor Supports Hkecic Solution For Cross-Border E-Commerce Trade

BRIEF-Scor Supports Hkecic Solution For Cross-Border E-Commerce Trade June 18 (Reuters) - Scor SE SCOR.PA : SCOR SUPPORTS HKECIC SOLUTION FOR CROSS-BORDER E-COMMERCE TRADE Source text: https://tinyurl.com/ty98zz6d Further company coverage: SCOR.PA (Gdansk Newsroom)
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FLSmidth, Neste, Sonova Holding

EUROPE RESEARCH ROUNDUP- FLSmidth, Neste, Sonova Holding May 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including FLSmidth, Neste and Sonova Holding, on Monday. HIGHLIGHTS * FLSmidth FLS.CO : JP Morgan raises target price to DKK 400 from DKK 310 * IMCD NV IMCD.AS : JP Morgan cuts target price to EUR 185 from EUR 188 * Neste Oyj NESTE.HE : Stifel cuts target price to EUR 37 from EUR 40 * Sonova Holding AG SOON.S : Morgan Stanley cuts
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European shares end lower on rate cut jitters; Richemont shines

UPDATE 2-European shares end lower on rate cut jitters; Richemont shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Azelis notches worst day ever after EQT, PSP sell shares Lagercrantz tops STOXX after Q4 report Fitch's credit rating review on Spain on tap ECB's Schnabel calls for caution in rate cuts beyond June Updated at 1600 GMT By Ankika Biswas and Johann M Cherian May 17 (Reuters) - European shares closed lower on Friday, as
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Market presses pause on STOXX rally

LIVE MARKETS-Market presses pause on STOXX rally 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 MARKET PRESSES PAUSE ON STOXX RALLY The STOXX 600 .STOXX is ticking down 0.3%, on track for its biggest daily drop so far in May - partly a reflection of how many days of gains it has had in recent weeks.
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Scor hits bottom of SBF 120 after Q1 profit miss

BUZZ-Scor hits bottom of SBF 120 after Q1 profit miss ** Shares in Scor SCOR.PA fall more than 8% after the French reinsurance company's Q1 results miss expectations ** The group's net income was 196 million euros ($213 million), which J.P.Morgan says is 6% below consensus ** JPM says the miss was driven by a weaker insurance service result in Scor's Life & Health division ** Jefferies notes a negative impact of the U.S mortality on Life & Health ** This is especially disappointing given that Mu
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Scor: In L&H, We Are Impacted By An Adverse Experience Variance-CEO

BRIEF-Scor: In L&H, We Are Impacted By An Adverse Experience Variance-CEO May 17 (Reuters) - Scor SE SCOR.PA : FIRST QUARTER 2024 RESULTS: SCOR STARTS 2024 WITH A STRONG FIRST THREE-MONTHS NET INCOME OF EUR 196 MILLION IN L&H, WE ARE IMPACTED BY AN ADVERSE EXPERIENCE VARIANCE, MAINLY DRIVEN BY US MORTALITY AND CLAIMS REPORTING EFFECTS - CEO IN P&C,
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Claire Mcdonald Appointed CEO Of Scor Business Solutions

BRIEF-Claire Mcdonald Appointed CEO Of Scor Business Solutions April 29 (Reuters) - Scor SE SCOR.PA : CLAIRE MCDONALD IS APPOINTED CEO OF SCOR BUSINESS SOLUTIONS HER APPOINTMENT WILL TAKE EFFECT ON 1 SEPTEMBER 2024 ALSO APPOINTED MEMBER OF SCOR'S EXECUTIVE COMMITTEE ROMAIN LAUNAY, PREVIOUSLY CEO OF SCOR SPECIALTY INSURANCE, IS LEAVING GROUP TO PURS
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