French and Benelux stocks-Factors to watch

Carmat SA

25/03/2024 05:20

March 25 (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.
    
    AGEAS  AGES.BR 
    The Belgian insurer said on Friday it did not intend to make
a further offer for Direct Line  DLGD.L  after the British home
and motor insurer turned down two previous proposals.
    Direct Line rejected a revised 3.17 billion pound ($4
billion) takeover bid last week from Ageas, saying it
"significantly undervalued" the company.
    
    ASML  ASML.AS 
    Dutch Prime Minister Mark Rutte and Chinese President Xi
Jinping will this week discuss whether ASML, the biggest
supplier of equipment to semiconductor manufacturers, can
continue to service billions of euros worth of computer chip
equipment it has sold to Chinese customers, people familiar with
the matter told Reuters.
    
    FRANCE/BUDGET
    The French government will not increase taxes despite the
country's deficit, reaffirmed Finance Minister Bruno Le Maire to
BFM TV on Friday.
    
    CARMAT  ALCAR.PA 
    The French artificial heart maker said it agreed with its
financial creditors to extend the maturity of all bank loans by
at least two years. This allows the company to reduce its
repayments by more than 30 million euros over the 2024-25
period, it added.
    
    DANONE  DANO.PA 
    The French dairy products group said on Friday it received
Russian regulatory approvals to sell its EDP business in Russia
to Vamin R LLC, which should be completed in the coming weeks. 
   
    STELLANTIS  STLAM.PA 
    The European automaker said on Friday it would lay off about
400 U.S. salaried workers as it seeks to cut costs, boost
efficiency and ramp up electric-vehicle production plans.
    Separately, Stellantis-owned Chrysler is recalling nearly
286,000 vehicles in the United States over a manufacturing
defect that might cause the side curtain airbag inflators to
rupture, the National Highway Traffic Safety Administration
(NHTSA) said on Friday.
    
    POSTNL  PTNL.AS 
    The Dutch postal company said on Friday it agreed to raise
its mail deliverers' pay by at least 19% from the beginning of
2024 until the end of 2025.
    

Pan-European market data:
European Equities speed guide................... EUR/EQUITY 
FTSE Eurotop 300 index.............................. .FTEU3 
DJ STOXX index...................................... .STOXX 
Top 10 STOXX sectors........................... .PGL.STOXXS 
Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
Top 10 Eurotop 300 sectors..................... .PGL.FTEU3S 
Top 25 European pct gainers....................... .PG.PEUR 
Top 25 European pct losers........................ .PL.PEUR 

Main stock markets:
Dow Jones............... .DJI   Wall Street report ..... .N 
Nikkei 225............. .N225   Tokyo report............ .T 
FTSE 100............... .FTSE   London report........... .L 
Xetra DAX............. .GDAXI   Frankfurt items......... .F 
CAC-40................. .FCHI   Paris items............ .PA 
World Indices..................................... 0#.INDEX 
Reuters survey of world bourse outlook......... EQUITYPOLL1 
European Asset Allocation........................ EUR/ASSET 

Reuters News at a glance:
Top News............. TOP/NEWS 
Equities.............. TOP/EQE 
Main oil report........... O/R 
Main currency report..... FRX/ 

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