Thomas Barnet

QXO Buys TopBuild for $17bn and Moves Up a Weight Class

US group QXO is pressing ahead with its fast-paced expansion strategy by acquiring TopBuild for $17bn. The landmark deal, mixing cash and stock, vaults the company into the ranks of North America’s heavyweights in construction materials.

April 20, 2026 at 02:30 am

European FCAS Fighter Program Hits New Deadlock

Mediation efforts aimed at breaking the stalemate in the Future Combat Air System (FCAS) program have failed, Handelsblatt reported on Saturday. Despite this setback, high-level political intervention remains a possibility in an attempt to salvage a project weakened by deep industrial rifts.

April 20, 2026 at 01:55 am

European FCAS fighter jet program hits another deadlock

Mediation efforts aimed at breaking the stalemate in the Future Combat Air System (FCAS) program have failed, Handelsblatt reported on Saturday. Despite this setback, high-level political intervention remains a possibility in an attempt to rescue a project weakened by deep-seated industrial disagreements.

April 20, 2026 at 01:21 am

Rubis weighs Puma Energy acquisition to fuel expansion, Bloomberg reports

French fuel distributor Rubis is exploring a potential acquisition of Trafigura subsidiary Puma Energy in a cash-and-stock deal, according to Bloomberg.

April 20, 2026 at 01:09 am

Alstom's collapse could play into the hands of… Renault

The headline may seem provocative, but the logic is sound. The spectacular crash of Alstom during trading on Friday April 17, 2026-when the stock has lost a third of its value-might spare the Euronext Index Steering Committee a difficult decision in the coming weeks.

April 17, 2026 at 09:27 am

Alstom's collapse could play into the hands of... Renault

The headline may seem provocative, but the logic is sound. The spectacular crash of Alstom during the April 17, 2026 session (with the stock shedding a third of its value!) might spare the Euronext Index Steering Committee a difficult decision in the coming weeks.

April 17, 2026 at 08:48 am

Belron (Carglass) reportedly eyeing Amsterdam IPO with valuation over EUR30bn

Belron, the vehicle glass specialist owned by D'Ieteren and known for brands such as Carglass, Autoglass, and Safelite, is reportedly preparing an IPO in AMSTERDAM, with a valuation target of over EUR30bn, according to the Financial Times.

April 17, 2026 at 03:37 am

French Analyst Ratings: Alstom under pressure, fresh support for STMicro

Alstom's profit warning is being heavily penalized by the market. Analysts are also adjusting their targets for Airbus and Pernod Ricard.

April 17, 2026 at 02:28 am

Belron (Carglass) is said to be targeting an Amsterdam IPO at a valuation above €30bn

Belron, a subsidiary of d'Ieteren and an auto glass specialist known in particular for the Carglass, Autoglass and Safelite brands, is said to be preparing an IPO in Amsterdam based on a valuation of more than €30bn, the Financial Times reports.

April 17, 2026 at 02:23 am

Icade divests Marignan building and maintains 2026 targets

The real estate group has finalized the sale of the Marignan building on the Champs-Élysées for 402 million euros, a move aimed at strengthening its leverage ratios. Meanwhile, first-quarter activity saw a decline across both its office property and residential development divisions, amid persistent market headwinds.

April 16, 2026 at 12:39 pm

Market Insight: Short selling, the bearish bet that divides the markets

Often accused of amplifying crises, yet sometimes hailed for its role as a market safeguard, short selling remains poorly understood by the general public. In France, it regularly resurfaces in the headlines during periods of stock market volatility.

April 16, 2026 at 10:43 am

Rising oil prices boost Maurel & Prom's revenues

The oil group has started the year with strong momentum, driven by favorable pricing and robust operational activity.

April 16, 2026 at 03:36 am

TotalEnergies anticipates robust Q1 performance

TotalEnergies has released its customary quarterly market indicators ahead of its Q1 earnings report scheduled for April 29. Metrics are trending upwards, supported by a more favorable pricing environment.

April 16, 2026 at 03:31 am

Progress in SFR Acquisition by the Bouygues, Orange and Iliad Trio

The consortium comprising Bouygues, Iliad and Orange is reportedly in advanced negotiations to acquire SFR, Altice's French subsidiary, according to Bloomberg, citing sources close to the matter.

April 16, 2026 at 03:27 am

French Analyst Ratings: All Eyes on Hermès

Hermès' latest financial results have sparked a flurry of analyst activity. As the luxury powerhouse finally feels the pinch of a broader sector slowdown, price target downgrades are pouring in.

April 16, 2026 at 02:57 am

TotalEnergies anticipates robust first-quarter performance

TotalEnergies has released its customary quarterly market indicators ahead of its Q1 earnings report scheduled for April 29. Metrics are trending upward, supported by a more favorable pricing environment.

April 16, 2026 at 02:41 am

Rising Oil Prices Fuel Revenue Surge at Maurel & Prom

The oil group has kicked off the year with strong momentum, driven by favorable pricing and robust operational activity.

April 16, 2026 at 02:31 am

Progress reported in SFR buyout talks by Bouygues, Orange, and Iliad consortium

A consortium comprising Bouygues, Iliad, and Orange is reportedly in advanced negotiations to acquire SFR, Altice's French subsidiary, according to Bloomberg, citing sources familiar with the matter.

April 16, 2026 at 02:21 am

Luxury's grip on the CAC 40 wanes once again

The sharp decline in Hermès shares this morning serves as a stark reminder that the luxury sector is navigating a tricky period at present. In the equity markets, its influence within the CAC 40 has significantly diminished in recent years. Here is the breakdown of the figures.

April 15, 2026 at 05:32 am

Luxury's grip on the CAC 40 wanes further

The sharp sell-off in Hermès shares this morning serves as a stark reminder that the luxury sector is navigating a challenging period. In equity markets, its influence over the CAC 40 has diminished significantly in recent years. Here is the breakdown by the numbers.

April 15, 2026 at 03:43 am

French analyst calls: targets reset on LVMH and Kering

The start of earnings season brings an uptick in analyst coverage. That is the case in luxury after the numbers from LVMH and Kering. More defensive names still appear to be in favor.

April 15, 2026 at 02:56 am