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Earnings help European indexes

LIVE MARKETS-Earnings help European indexes Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . EARNINGS HELP EUROPEAN INDEXES Better-than-expected company results are helping European indices find their footing on Friday having taken a bruising in this week's global stocks sell-off, with even the embattled luxury sector catching a break.
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BASF drops on Q2 earnings miss

BUZZ-BASF drops on Q2 earnings miss ** BASF BASFn.DE shares fall 3.2 % after the chemicals giant's Q2 adj. EBITDA slightly missed analysts expectations ** J.P. Morgan says the results were overall softer than expected, points to adj. EBITDA miss driven by the agricultural chemicals division in particular ** "Today's results underpinned our view on
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Busy busy

LIVE MARKETS-Busy busy Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com . BUSY BUSY U.S. PCE inflation data has snuck up on investors a bit this week - they've had plenty else to think about - and that should drive the daily picture for markets from early afternoon in Europe.
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Wacker Chemie sees 2024 core profit in upper guidance range as orders pick up

UPDATE 2-Wacker Chemie sees 2024 core profit in upper guidance range as orders pick up Sees 2024 EBITDA between 700 mln and 800 mln euros Lower Q2 total sales dragged by weaker polysilicon business Q2 EBITDA above analyst estimates of 160.1 mln euros Adds CEO quote, analyst quote, share movement, details on polysilicon division, peer performance By Antonis Pothitos and Matteo Allievi July 26 (Reuters) - German chemical company Wacker Chemie WCHG.DE expects full-year core profit in the upper half
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BASF pauses battery recycling project in Spain on slower EV uptake

BASF pauses battery recycling project in Spain on slower EV uptake FRANKFURT, July 26 (Reuters) - German chemicals giant BASF BASFn.DE said it was putting plans to build a large battery recycling site in Tarragona, Spain, on hold because of the slowdown in adoption of electric vehicles. "The market penetration of electric vehicles has slowed down significantly outside of China," CEO Markus Kamieth said in a speech prepared for analysts that was posted on the company's website.
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