Shares of stainless steel producer Aperam declined after its second-quarter earnings, while strong, were in line with analyst expectations and prior company guidance, prompting a 'sell the news' reaction from investors.
Shares in the Swiss specialty chemicals firm soared to a 52-week high after a Dutch court rejected a major damages claim from Shell, removing a significant legal and financial overhang for the company.
The energy management and automation firm raised its full-year forecast after reporting record quarterly revenue, driven by strong demand from data centers and industrial clients, and announced two AI-focused acquisitions.
L'Oreal CEO Nicolas Hieronimus announced plans to release the first Gucci-branded beauty products as early as 2028, following the company's takeover of the license from Coty in mid-2027.
Shares of the German flavors and fragrances maker surged after it reported second-quarter organic sales and first-half earnings that beat analyst estimates, while also reaffirming its full-year forecast.
The Finnish stainless steel producer's stock slid after its second-quarter adjusted EBITDA fell short of analyst estimates and its guidance for the third quarter signaled a potential stall in its recovery.
Italian construction firm Webuild has launched a cash tender offer of €4.50 per share for underground engineering group Trevi, a move that sent Trevi's stock up over 8% and competes with a previous bid from ICoP.
Italian construction firm Webuild has launched a voluntary all-cash tender offer for Trevi Finanziaria, challenging an existing bid and sending Trevi's shares sharply higher on expectations of a bidding war.
The Italian construction giant reported a 14% rise in first-half EBITDA and announced an all-cash offer for foundation specialist Trevi SpA, boosting investor confidence.
