Vincent Gallet

Massachusetts Financial Services falls below 5% in Legrand

July 17, 2026 at 08:16 pm IST

Jefferies initiates coverage of Moody's with a buy rating, shares rise

Moody's is up 0.8% at $523.3 in early trading on Wall Street, helped by Jefferies, which is initiating coverage of the stock with a 'buy' rating and a $610 price target, arguing that the valuation of the credit rating agency looks attractive, with its forward price-to-earnings ratio at 29.1 times, a three-year low.

July 17, 2026 at 07:28 pm IST

USA: another modest increase in industrial production in June

After a 0.1% increase in May from the previous month (a figure confirmed versus the initial estimate), US industrial production again rose by only 0.1% in June, compared with a 0.2% gain expected by the consensus.

July 17, 2026 at 06:52 pm IST

USA: surprise rise in import prices in June

US import prices rose 0.3% in June 2026 from the prior month, according to the Department of Labor, even as economists on average had been expecting a 0.7% decline last month.

July 17, 2026 at 06:07 pm IST

Sanofi strengthens its research alliance with Aqemia

Aqemia, a drug discovery company that combines generative AI and quantum physics to design small-molecule medicines, is announcing the expansion of its multi-year research collaboration with Sanofi, first unveiled in December 2023.

July 17, 2026 at 05:39 pm IST

Artisan Partners LP increases its stake in Alstom

Artisan Partners Limited Partnership, acting on behalf of funds and clients it manages, told the AMF that on July 8 it crossed above the 5% thresholds for Alstom's share capital and voting rights, following a market purchase of shares.

July 17, 2026 at 05:17 pm IST

Travelers profits jump despite flat premiums in the second quarter

Travelers reports adjusted ('core') net income up 44% to $2.16bn for the second quarter of 2026, translating into EPS up 54% to $10.04, along with an adjusted ('core') return on equity of 24.9%, an improvement of 6.1 points versus the second quarter of 2025.

July 17, 2026 at 04:59 pm IST

Euro zone: annual inflation decline confirmed for June

The euro zone's annual inflation rate fell to 2.8% in June 2026, from 3.2% in May, according to Eurostat, which thus confirms, on second reading, its flash estimate for the past month. For the EU as a whole, the annual inflation rate came in at 2.9% in June, down from 3.3% in May.

July 17, 2026 at 02:40 pm IST

Volvo Cars skids after a weak quarterly report

Volvo Cars is down 7.5% at 19.6 SEK this morning in Stockholm, following a quarterly release marked by profits and revenue that were both down and below expectations, as well as some caution from management regarding its full-year outlook.

July 17, 2026 at 02:10 pm IST

Volvo improves its operating margin in the second quarter

Volvo reported EPS of 5.10 SEK for Q2 2026, up from 3.64 SEK a year earlier, along with adjusted operating profit of 14.78 bn SEK, translating into a margin up 0.7 percentage points to 11.7%.

July 17, 2026 at 01:08 pm IST

Lumibird in talks to sell its medical division

Lumibird says it has entered into exclusive negotiations to sell its medical division to IPG Photonics Corporation, for an enterprise value of €300m, which could be increased by an earn-out of up to €50m based on future performance in 2026 and 2027.

July 17, 2026 at 12:39 pm IST

First-half revenue declines at Maison Pommery

Maison Pommery & Associés reported revenue of €95.7m for the first six months of 2026, a decline of 12.4%, driven by the sale of Heidsieck & Co Monopole (-€9.6m) and lower interprofessional sales, with no contribution to EBITDA (-€4.5m).

July 17, 2026 at 11:56 am IST

Wallix lifts first-half revenue by more than 14%

Wallix reported revenue of €20.6m in the first half of 2026, up 14.2%, with a sharply higher share of recurring revenue (subscriptions and maintenance) at 81% of revenue, versus 74% in the first half of 2025.

July 17, 2026 at 11:38 am IST

Novartis receives traditional approval in IgAN

Novartis says the US FDA has granted traditional approval to Fabhalta (iptacopan) to slow the decline in kidney function in adults with primary immunoglobulin A nephropathy (IgAN) who are at risk of disease progression.

July 17, 2026 at 11:20 am IST

DBV Technologies widens its net loss in the first half

DBV Technologies reported a net loss of $98m for the six months ended June 30, 2026, versus $69m a year earlier. On a per-share basis, however, it narrowed to $0.23 from $0.58, thanks to a significant strengthening of its equity base following recent financings.

July 17, 2026 at 11:02 am IST

Uber rises after its acquisition of Delivery Hero and Wedbush comments

Uber Technologies gained 1.9% to a little over $74 on Thursday on Wall Street, after the group announced an agreement to acquire Delivery Hero, and with support from Wedbush commentary that names it as one of its favorite Internet stocks.

July 17, 2026 at 10:37 am IST

Uber lifted by its takeover of Delivery Hero and Wedbush comments

Uber Technologies is up 2.5% at $74.5 in early Wall Street trading, after the group announced an agreement to acquire Delivery Hero, and with support from comments by Wedbush, which names it as one of its favorite stocks in the internet sector.

July 16, 2026 at 08:32 pm IST

Uber lifted by its acquisition of Delivery Hero and Wedbush comments

Uber Technologies is up 2.5% at $74.5 in early trading on Wall Street, after the group announced an agreement to acquire Delivery Hero, and with support from comments by Wedbush, which ranks it among its favorite Internet sector picks.

July 16, 2026 at 08:30 pm IST

Brussels takes two sets of measures against Google

The European Commission is announcing two sets of binding specification measures aimed at Google, to 'enable companies to offer European users a broader and more feature-rich range of options, both for their AI services on Android and for search services'.

July 16, 2026 at 07:09 pm IST

Abbott raises its 2026 adjusted EPS target range

As it reports its second-quarter results, Abbott Laboratories says it is raising its target range for adjusted EPS for full-year 2026, now set at between $5.45 and $5.60, versus a previous range of $5.38 to $5.58.

July 16, 2026 at 05:36 pm IST

Schaeffler higher on broker upgrade

Schaeffler is up 2.1% at €8.55 in Frankfurt, in the wake of an upgrade by UBS on the auto parts maker's shares, following a preliminary presentation of its Q2 2026 results on Tuesday evening.

July 16, 2026 at 04:22 pm IST