Thomas Barnet

Chinese JD.com Reshapes the European Retail Landscape

The arrival of JD.com in Europe marks a strategic turning point in consumer goods distribution, according to Scope Ratings. By taking control of Ceconomy, the Chinese e-commerce giant secures a strong foothold in the region, with over 1,000 stores across 11 countries under the Media Markt and Saturn banners.

January 22, 2026 at 11:54 pm

Bouygues Telecom, Free and Orange Still in Talks to Acquire SFR

The French telecom landscape has arguably never been closer to shrinking from four to three major players. The trio Bouygues Telecom, Free, and Orange has confirmed "the existence of discussions with the Altice Group" regarding the potential acquisition of a significant portion of its telecommunications operations.

January 22, 2026 at 05:36 pm

Auto stocks wake up, led by VW, Michelin and easing geopolitical tensions

As Volkswagen, Michelin and the broader auto sector celebrate better-than-expected projections and a thaw on the tariff front, Ubisoft is in free fall after yet another warning.

January 22, 2026 at 05:12 pm

Bouygues Telecom, Free and Orange Still in Talks to Acquire SFR

The French telecom landscape has arguably never been closer to shrinking from four to three major players. The trio Bouygues Telecom, Free, and Orange has confirmed "the existence of discussions with the Altice Group" regarding the potential acquisition of a significant portion of its telecommunications operations.

January 22, 2026 at 04:07 pm

France Analyst Views: Ubisoft Gets Cut to Pieces, Virbac and Atos Revalued Higher

Yesterday's announcements are doing real damage to Ubisoft. Oxcap is initiating coverage of Alstom, while Virbac, Atos and ArcelorMittal are benefiting from higher price targets.

January 22, 2026 at 03:45 pm

North Atlantic Energies (Esso) Minority Shareholders Make Their Voices Heard

The stock market saga of Esso SAF, now renamed North Atlantic Energies, is far from over. North Atlantic France, which acquired the controlling 82.89% stake from Exxon Mobil, plans to launch a simplified takeover bid at €28.93 per share by the end of the quarter. The issue? The stock is currently trading around €45.

January 22, 2026 at 01:12 am

Burberry Drives Luxury, Danone Sinks, Edenred and Pluxee Stand Out

Significant market moves this morning, spurred by analyst recommendation changes, earnings reports, and rumors. Among the biggest swings: Danone, Barry Callebaut, and Edenred.

January 21, 2026 at 05:40 pm

Danone Plummets on the Stock Market

January 21, 2026 at 05:11 pm

French analyst calls: Berenberg downgrades Engie, Goldman Sachs cuts Scor

Berenberg and Goldman Sachs are downgrading Engie and Scor, respectively. Edenred sees a sharp price target cut at Barclays.

January 21, 2026 at 04:13 pm

Atos: margin slightly above 4% in 2025

The group, which is trying to turn around its business, recorded a sequential improvement in performance in Q4. The margin and cash burn are slightly higher than expected.

January 21, 2026 at 04:02 pm

Atos posts a margin slightly above 4% in 2025

The group, which is trying to turn its business around, recorded a sequential improvement in its performance in the fourth quarter. The margin and cash burn are a bit higher than expected.

January 21, 2026 at 03:44 pm

Zonebourse Company Calendar: January 21, 2026

January 21, 2026 at 12:52 am

Education: Market Capitalization vs. Enterprise Value

On the stock market, as with any marketplace, every asset has a price. But what is the real price to pay to take control of a publicly traded company? To see things clearly, it is essential to distinguish between two key concepts: market capitalization and enterprise value, which are still often confused.

January 20, 2026 at 08:57 pm

Wise and Virbac Benefit from Quarterly Results, Valneva and Logitech Slide

Quarterly earnings reports are beginning to shape the leaderboards across Europe. Wise and Virbac are among the winners, while Hypoport fares less well. Among other notable movers, Valneva tumbles after a consequential decision in the United States, and Jacquet gains from an upgraded recommendation.

January 20, 2026 at 04:56 pm

Henkel in Talks to Acquire Stahl from Wendel

Henkel has announced that it is in discussions to acquire the Dutch company Stahl, which is part of Wendel's portfolio. The French group has also confirmed the existence of non-exclusive negotiations. Stahl specializes in chemical products for surface treatment and coatings.

January 20, 2026 at 03:45 pm

France analyst calls: BNP and Amundi still in favor, Mediobanca downgrades LVMH and Interparfums.

French financial names (BNP Paribas, Amundi) remain in demand, while chemicals group Arkema sees its valuation trimmed at Bernstein and Rothschild. Targets are also cut at Eutelsat and Nacon.

January 20, 2026 at 03:36 pm

LVMH: Trump brandishes threat of a 200% tariff on French wines and champagnes

Luxury and spirits companies are not done with a difficult start to the year. Donald Trump, angered by European resistance to his ambitions to take control of Greenland, has threatened to impose "a 200% tariff on French wines and champagnes".

January 20, 2026 at 03:35 pm

Trump brandishes the threat of a '200% tax on French wines and Champagne'

Luxury and spirits companies are not done with a rough start to the year. Donald Trump, enraged by Europe's resistance to his bid to take control of Greenland, threatened to impose 'a 200% tax on French wines and Champagne'.

January 20, 2026 at 01:55 pm

Henkel in Talks to Acquire Stahl from Wendel

Henkel has announced it is in discussions to acquire the Dutch company Stahl, which is part of Wendel's portfolio. The French group has also confirmed the existence of non-exclusive negotiations. Stahl specializes in chemical products for surface treatment and coatings.

January 20, 2026 at 01:37 pm

In stocks, luxury, autos, and spirits get hit hard by the EU/US war of words

Duelling threats of new tariff surcharges between the United States and Europe, and their consequences, are driving today's stock market leaderboard. European defense names are rising, while luxury, spirits, and automakers, front and center if trade barriers tighten, are getting taken to the mat.

January 19, 2026 at 05:49 pm

France analyst views: LVMH, Sanofi and Renault hit by downgrades

Three major recommendation cuts were flagged early in the week. UBS, Morgan Stanley and Berenberg are dropping their respective buy calls on Sanofi, LVMH and Renault. Thales, by contrast, is benefiting from upgrades, as are Viridien and Veolia.

January 19, 2026 at 03:40 pm