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TKWY - Just Eat Takeaway.com NV News Story

€90.5 0.7  0.7%

Last Trade - 4:36pm

Sector
Technology
Size
Large Cap
Market Cap £4.60bn
Enterprise Value £4.79bn
Revenue £348.2m
Position in Universe 118th / 864

LIVE MARKETS-Opening snapshot: drug trials knock out Ipsen and HK drags Remy

Fri 24th January, 2020 8:39am
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Joice Alves. Reach her on Messenger to share your thoughts on market moves: joice.alves.thomsonreuters.com@reuters.net OPENING SNAPSHOT: DRUG TRIALS KNOCK OUT IPSEN AND HK DRAGS REMY (0837 GMT) European bourses opened in positive territory driven by risk-on trades across the board with banks, miners and financial services topping the pan-European STOXX 600 index .STOXX , which is up 1%. But the big ticket moves in single stocks were all negative with Ipsen falling as much as 16.5%, hitting its lowest in three years, after it paused dosing in Palovarotene drug trials. urn:newsml:reuters.com:*:nFWN29S0U5 Remy Cointreau RCOP.PA shares slid 9.7% after weak 3Q results, as demand for cognac in Hong Kong was hit by protests. Finally, Nokian Tyres TYRES.HE shares fell 7.9% on dismal 2020 outlook urn:newsml:reuters.com:*:nFWN29S0U6 and Ericsson ERICb.ST fell 5.7% after Q4 results urn:newsml:reuters.com:*:nL8N29T0NR. Among risers, we have Carrefour CARR.PA rising 4% after reassuring profit outlook. Here's your opening snapshot at 0820 GMT: (Joice Alves) ***** ON OUR RADAR: BAYER, TAKEAWAY, JUST EAT, NOKIAN TYRES (0754 GMT) Futures point to a higher open for European bourses this morning after the World Health Organisation labelled the coronavirus outbreak an emergency for China, but not, as yet for the rest of the world. The big focus today will be on corporate news. Shares in Bayer are up 6.3% in premarket on report about a possible 10 billion dollars glyphosate settlement. urn:newsml:reuters.com:*:nS8N29K08T In the UK, competition watchdog will probe Takeaway.com's TKWY.AS buyout of Just Eat JE.L , possibly delaying completion of the multi-billion dollar deal. Meanwhile in corporate results, Remy Cointreau RCOP.PA is seen down 5% by traders after it posted a worse-than-expected 11.3% fall in Q3 like-for-like revenues, as demand for cognac in Hong Kong was hit by protests. urn:newsml:reuters.com:*:nL8N29Q5KV Tyre makers, such as Pirelli PIRC.MI and Michelin MICP.PA , could come under pressure after Nokian Tyres TYRES.HE is seen opening 7% lower on dismal 2020 outlook. urn:newsml:reuters.com:*:nFWN29S0U6 Ericsson ERICb.ST is also seen down after it reported Q4 core profit hit by slowdown in U.S. business and higher costs urn:newsml:reuters.com:*:nL8N29T0NR and it could push down Nokia NOKIA.HE . More headlines to digest: Axel Springer plans delisting from Frankfurt stock exchange urn:newsml:reuters.com:*:nL8N29S7DT Givaudan FY sales and profit up 6%, confirms guidance urn:newsml:reuters.com:*:nL8N29T0IX Helvetia buys majority stake in Spain's Caser for 780 mln euros urn:newsml:reuters.com:*:nL8N29T0O7 (Joice Alves) ***** STOCKS SEEN HIGHER AS CORONAVIRUS NOT GLOBAL EMERGENCY YET(0635 GMT) European bourses are expected to open higher this Friday as markets steadied overnight, as investors took some solace from the World Health Organisation labelling the coronavirus outbreak an emergency for China, where 25 people have died and at least 800 have been infected, but not, as yet, for the rest of the world. urn:newsml:reuters.com:*:nL4N29T040 Meantime, Asian shares held their ground as trade slowed for a week-long holiday for the Lunar New Year, despite investors fears that the coronavirus could spread faster as people travel for the holidays. Back in Europe, financial spreadbetters at IG expect London's FTSE to open 44 points higher at 7,552, Frankfurt's DAX to open 110 points higher at 13,498 and Paris' CAC to open 46 points higher at 6,018. It is also a slightly busy day for earnings with companies like Ericsson ERICb.ST and Givaudan GIVN.S announcing results. Investors will also be watching the UK and the euro zone PMI figues, both expected to be released this morning. (Joice Alves) ***** <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ hahaha https://tmsnrt.rs/30Qha8m ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)
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