LIVE MARKETS-European corporate news headline round-up
* FTSE, CAC future open lower
* Euronext (Euronext: ENX.LS - news) experiences delays
* Asian shares fall, S&P 500 ends lower
LONDON, March 16 (Reuters) - Welcome to the home for real-time coverage of European equity
markets brought to you by Reuters stocks reporters and anchored today by Kit Rees. Reach her on
Messenger to share your thoughts on market moves: kit.rees.thomsonreuters.com@reuters.net
EUROPEAN CORPORATE NEWS HEADLINE ROUND-UP (0738 GMT)
Nex Group shares are seen jumping as much as 25 percent at the open after U.S.
exchange operator CME made a preliminary takeover offer. Here are some of today's corporate
headlines to keep an eye on:
Exchange operator CME in talks with Britain's NEX on possible takeover
UK builder Berkeley says it can't boost volumes beyond current plans
Old Mutual (Other OTC: ODMUF - news) sells Latam businesses to Singapore's CMIG Intl
Elliott asks to replace Telecom Italia (Amsterdam: TI6.AS - news) board members, including Vivendi CEO
British outsourcer Mitie sees higher costs from turnaround programme
Lufthansa (Xetra: LHAB.DE - news) , Ryanair to drive Frankfurt airport passenger growth this year
Drahi's debt-ridden telecoms group Altice (Other OTC: ATSVF - news) seeing some recovery in France
UK's Wetherspoon sees higher cost, slower sales growth ahead
(Helen Reid)
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EUROPEAN STOCKS FUTURES OPEN LOWER, EURONEXT FACES DELAYS (0721 GMT)
While FTSE and CAC futures have opened lower, DAX and Eurostoxx futures have failed to open
with Euronext saying on its website that the trading system is experiencing serious issues and
opening Eurex is delayed. Euronext says that its Eurex T7 system is experiencing technical
issues. German bund futures also failed to open.
We are monitoring the situation and will keep you updated.
Here is a shortened futures snapshot:
(Kit Rees)
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EUROPEAN EARNINGS: SLIM PICKINGS (0652 GMT)
In the UK Mitie Group's full year update will be of interest given the issues the
outsourcing industry has had this year, but apart from that, it's looking like a quiet one on
the results front today.
But it's the broader prospect of earnings growth in Europe which has analysts at Credit
Suisse's wealth management division remaining positive on the region's equities.
"Although the stronger EUR is a risk, we believe that, of all the regions, Eurozone
companies are best positioned to meet or even beat their earnings growth expectations in future.
We expect domestically focused companies to do particularly well," Credit Suisse (IOB: 0QP5.IL - news) wealth
management analysts said in a note this morning.
Here are the European companies set to give updates today:
TIV.CO Q4 2017 Tivoli A/S Earnings Release
SZGG.DE Full Year 2017 Salzgitter AG Earnings Release
BC8G.DE Full Year 2017 Bechtle AG Earnings Release
E7SG.DE Q4 2017 Accentro Real Estate AG Earnings Release
OCI (Euronext: OCI.NX - news) .AS Full Year 2017 Oci NV Earnings Release
BKGH.L Berkeley Group Holdings PLC Trading Statement Release
JDW.L Half Year 2018 J D Wetherspoon PLC Earnings Release
INVP.L Investec PLC Pre-Close Briefing
FRAG.DE Full Year 2017 Fraport AG Frankfurt Airport Services Worldwide Earnings Release
MQH.ST Q2 2018 MQ Holding AB Earnings Release
SMPV.VI Full Year 2017 Semperit Ag Holding Earnings Release
MTO.L Full Year 2018 Mitie Group PLC Pre-close Trading Statement Release
(Kit Rees)
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MORNING CALL: HESITANT START SEEN FOR EUROPEAN SHARES (0629 GMT)
Good morning. European shares are seen opening in a narrow range this morning, according to
financial spreadbetters, following on from yesterday's positive session.
Spreadbetters were calling Britain's FTSE 100 index 7 points lower, France's CAC 5 points
lower and Germany's DAX 7 points higher, so a range of 0.1 percent either way.
Overnight Asian shares lost ground, however, after reports of further chaos in the Trump
administration. Wall Street's S&P 500 closed lower for a fourth day in a row.
Elsewhere this morning the focus will also be on final inflation figures for the euro zone,
due at 1000 GMT.
(Kit Rees)
(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)