Lloyds Banking Group (LSE:LLOY) will rebrand 190 Halifax branches to Lloyds by 2027 and migrate Halifax customers to the Lloyds mobile app while keeping sort codes and account numbers, and has issued additional ordinary shares to satisfy employee share awards without announcing job cuts.Previous We…
Deutsche Lufthansa AG (XETR:LHA) is pursuing a minority stake in Portugal’s TAP as privatization bids close by end‑July, while Lufthansa Technik is simultaneously investing a three‑digit million‑euro sum to build a 55,000 m² maintenance hub in Portugal creating ~700 jobs and opening by 2028.Previou…
Stellantis N.V. (MIL:STLAM) is juggling production hiccups and strategic reshaping—temporary plant stoppages and a paused South Africa project contrast with a €60B plan, U.S. sales growth, China Jeep co‑development, Wayve robotaxi rollout, new Maserati CEO and expanded Ram lineup.Previous Week Reca…
Morgan Stanley disclosed a direct stake of at least 3% in Infineon Technologies AG (XETR:IFX) on 2–3 July 2026, as Infineon simultaneously withdrew court‑enjoined gallium nitride products from its Electronica China 2026 booth following a legal injunction.Previous Week Recap This is an A…
Kongsberg Gruppen ASA (OSL:KOG) won about $400 million to supply NASAMS to Kuwait via U.S. FMS in a Raytheon-linked deal, and CEO Eirik Lie is eyeing mergers and acquisitions to scale up capacity and meet rising missile-system demand.Previous Week Recap This is an AI-generated summary a…
Novo Nordisk A/S Sponsored ADR Class B (OMXCOP:NOVO_B) surged ~36% after UK approval of Wegovy amid a Nordic biopharma rebound, while the firm repurchased 22.0M B shares (DKK 5.899bn) in a DKK 11.2bn buyback and struck an India fill–finish deal with Shantha Biologics.Previous Week Recap…
Shell (LSE:SHEL) is reshaping its portfolio and leadership while sustaining shareholder returns: selling Gulf and retail assets for about $2.7B, forecasting big LNG demand growth, reporting Q1 trading gains and production dips linked to the Iran war, and keeping its $3B buyback pace.Previous Week R…
Ipsen SA (EURONEXT:IPN) is expanding its oncology and rare-disease pipeline with buys of Kartos (navtemadlin) and Memo Therapeutics (potravitug) totaling up to ≈€2.6bn in milestones, while managing share buybacks and an arbitration with Galderma amid investor concerns over rising deal costs in Chin…
Sanofi (EURONEXT:SAN) reported Phase 3 Baby-COMET success for Nexviazyme in infantile-onset Pompe—meeting primary and secondary endpoints, well tolerated with no serious treatment-related AEs—and said a U.S. label filing is expected in H2 2026 while Q2 results arrive July 30, 2026.Previous Week Rec…
VIE:OMV climbed after UBS flagged stronger European refining margins from Middle East repairs and Russian outages could boost Q2 results, while OMV AG also deepens its green pivot by partnering with Energie Steiermark to develop the Petersdorf 2 geothermal project targeting up to 670 GWh/year by 20…
SPIE SA (EURONEXT:SPIE) won a major Polish grid contract to lead construction of the first section of the 400 kV Choczewo–Gdańsk Błonia–Grudziądz Węgrowo line (starts H2 2026, completes 2029) and is partnering with Firstcolo to build the 16 MW FRA7 data centre in Rosbach, Germany, due in phased del…
Saab AB Class B (OMXSTO:SAAB_B) secured major defense wins: a SEK 47bn Poland submarine program including three A26 boats, local MRO and an interim sub through 2038, and a separate ~SEK 24.6bn deal to supply 16 Gripen E fighters to Ukraine with deliveries and support in 2029–2030.Previous Week Reca…
Prysmian S.p.A. (MIL:PRY) is shifting its cable mix to about 40% aluminium and 60% copper, driving material demand as grid resilience and data‑center projects expand, and is set to add the Cook Strait HVDC Link upgrade to its order backlog after Transpower’s Notice to Proceed.Previous Week Recap…
Renault SA (EURONEXT:RNO) reported H1 revenue €28.9B and adjusted EBIT €1.32B (4.6% margin), affirmed FY targets above consensus, and saw cost benefits from the Horse Powertrain JV as shares trade at €25.89; it remains Nissan’s top shareholder and a central alliance partner despite recent tensions…
Castellum AB (OMXSTO:CAST) agreed to sell two Stockholm offices—36,100 sqm with 89.7% occupancy and SEK 237m in annual rent—for SEK 5.0bn, a deal due to close 1 Sept 2026 pending approval, as the company prepares to report H1 2026 results on 15 July with a CEO/CFO presentation.Previous Week Recap…
J Sainsbury plc (LSE:SBRY) held 2026/27 targets — operating profit £975m–£1,075m and >£500m retail free cash flow — while Q1 like‑for‑like sales ex‑fuel rose 2.1%, management notes ongoing input cost pressure as UK grocery inflation ticks to 3.0%, and RBC stays upbeat.Previous Week Recap…
Deutsche Bank (XETR:DBK) has resumed a compliant share buyback as profits climb and management emphasizes shareholder returns, while striking a 28‑month labor deal raising pay and agreeing to sell its India retail/private unit to Kotak for about $30M, a CET1‑accretive move.Previous Week Recap…
Nestlé (SIX:NESN) is rebuilding after an infant formula recall by engaging healthcare pros to regain market share while prioritizing affordability and volume, cutting artificial colors by 2026, exploring matcha coffee innovations and using AI-driven efficiency after recent job reductions.Previous W…
Norsk Hydro (OSL:NHY) will revive the Slovalco aluminium smelter with Slovakia and the state utility, restarting 75,000 t/y from Q4 2026 backed by a 10‑year power deal, €100M capex and EU ETS aid, while rising HVAC tubing sales position Hydro to gain share as aluminium displaces copper.Previous Wee…
Soitec SA (EURONEXT:SOI) surged after announcing a tie-up with China’s ZenSemi to supply 300mm Power‑SOI for BCD‑on‑SOI—ZenSemi claims first‑silicon validation with ~30% die‑size reduction—while the company also disclosed its share count and voting‑rights calculation method.Previous Week Recap…
