Additional European Equity News

ArcelorMittal (MT NA), Microsoft (MSFT) - ArcelorMittal announces an expansion of its collaboration with Microsoft. Microsoft Azure will serve as the backbone for modernising core IT systems, consolidating data into a single trusted foundation, and deploying advanced analytics and AI at scale across global systems and business processes. (ArcelorMittal)easyJet (EZJ LN) - Co. extends the Castlelake bid deadline to August 7th. (easyJet)National Grid (NG/ LN) - Co. announces a new operating model to increase accountability across the core aspects of its strategic framework. From September 2026, the Group Executive Committee will reduce from 13 to 8 members. (National Grid)Plus500 (PLUS LN) - Co. announces the launch of Single Stock Futures. (Plus500)Shell (SHEL LN), TotalEnergies (TTE FP) - Shell signs an agreement to sell its European onshore renewables portfolio to TotalEnergies; no terms disclosed. (Shell)Stabilus SE (STM GY) - Q3 2026 (EUR): Revenue 299.5mln (prev. 316mln Y/Y), Adj. EBIT 32.2mln (prev. 33.1mln Y/Y), Net Profit 51.4mln (prev. 10.1mln Y/Y). Guides FY26 revenue of c. 1.15bln (prev. guided 1.1-1.3bln). (Stabilus)Argan (ARG FP) downgraded to Hold from Buy at JefferiesClariant (CLN SW) upgraded to Buy from Hold at Deutsche BankLegrand (LR FP) upgraded to Outperform from Sector Perform at RBCKoninklijke Philips (PHIA NA) downgraded to Neutral from Buy at UBSOMV (OMV AV) reiterated with Sell at Goldman SachsSoitec (SOI FP) upgraded to Buy from Hold at Kepler Cheuvreux