French and Benelux stocks-Factors to watch

Id Logistics SAS

14/03/2024 05:46

March 14 (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.
    
    Air France KLM  AIRF.PA :
    Air France KLM confirmed having lodged two appeals before
the court of justice of the European union. Appeals of two
judgments of the general court of the European union will be
rendered in December 2023.
        
    Altria  MO.N , Anheuser-Busch Inbev  ABI.BR :
    Altria announced its intent to sell a portion of its
investment in Anheuser-Busch Inbev, who agreed to repurchase 200
million dollars of ordinary shares directly from Altria.
        
    Believe  BLV.PA :
    Believe reported FY revenue slightly above consensus at
880.3 million euros.
    
    CASINO  CASP.PA :
    Brazilian food retailer GPA  PCAR3.SA  raised 704 million
reais ($141.6 million) with a primary share offer priced at 3.2
reais per share, it said on Wednesday.
    The price represents a 3.9% discount from GPA's closing
level of 3.33 reais on Wednesday. GPA, which is backed by French
group Casino  CASP.PA ,will use funds from the offer to
deleverage the company, according to the deal prospectus.
    
    Engie  ENGIE.PA , Gaztransport et Technigaz  GTT.PA :
    Engie announced it was hedging through forward sale of its
residual stake in GTT. It concerns residual stake in GTT
representing about 5.38% of its share capital.
    
    EU/FARMERS:
    Lithuanian company HeavyFinance and the European Investment
Fund (EIF) said they had raised 50 million euros ($54.6 million)
to help farmers, as governments across Europe try to quell
protests by agricultural workers over pay and working
conditions.
    
    ID Logistics  IDLA.PA :
    ID Logistics posted recurring EBITDA up 16.6% year-on-year
to 434.7 million euros.    
    
    UCB  UCB.BR :
    UCB completed the placement of senior unsecured bonds worth
500 million euros with a coupon of 4.25% and a tenor of 6 years.
The bonds will be issued under its 5-billion-euro EMTN programme
on 20 march 2024.
    

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/ 

 (Gdansk Newsroom)
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