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Danske Bank expects 'soft landing' after second-quarter profit spurt

UPDATE 4-Danske Bank expects 'soft landing' after second-quarter profit spurt Q2 net profit rises, beats analyst forecasts Helped by credit quality, higher net interest income, fees To pay 56% of H1 net profit in interim dividend Keeps full-year guidance Recasts with CEO comment, updates share price By Jacob Gronholt-Pedersen COPENHAGEN, July 19 (Reuters) - Denmark's biggest lender Danske Bank DANSKE.CO expects "a soft landing" as a boost from high interest rates fades, it said on Friday, after
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Genus, Nexans, Scor

EUROPE RESEARCH ROUNDUP-Genus, Nexans, Scor July 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Genus, Nexans and Scor, on Thursday. HIGHLIGHTS * Genus GNS.L : HSBC raises target price to 2600p from 2500p * Munters Group AB MTRS.ST : Jefferies raises target price to SEK 260 from SEK 255 * Nexans NEXS.PA : Berenberg raises target price to EUR 124 from EUR 112 * Scor SCOR.PA : Berenberg cuts to hold from buy; cuts target price to
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Drugs and chips drive the STOXX

LIVE MARKETS-Drugs and chips drive the STOXX STOXX 600 down 0.4% ASML, Novo fall Wall Street futures fall 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 DRUGS AND CHIPS DRIVE THE STOXX European shares got off to a weaker start on Wednesday with moves in drugmakers and chip stocks driving price action.
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Handelsbanken soars after Q2 profit beat

BUZZ-Handelsbanken soars after Q2 profit beat ** Shares in Handelsbanken SHBa.ST rise 7% after the Swedish bank's Q2 earnings beat expectations, as net interest income and fees income rise ** Q2 net profit was 6.79 billion Swedish crowns ($641.0 million), vs 6.22 billion expected by analysts in an LSEG poll ** J.P.Morgan says the "solid" results we
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Handelsbanken jumps as profit beat eases cost worries

UPDATE 5-Handelsbanken jumps as profit beat eases cost worries Net profit of 6.79 bln SEK tops consensus of 6.22 bln Strong income and credit quality drive beat Interest income well above forecast Expenses up 14% yr/yr in Q2, dip slightly vs Q1 Shares rise 7% Adds shares By Niklas Pollard STOCKHOLM, July 17 (Reuters) - Swedish bank Handelsbanken SHBa.ST beat second-quarter net profit expectations on Wednesday as robust interest income and credit quality helped take some of the sting out of linge
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