European Stocks Steady as Investors Await Central Bank Meetings [BNN Bloomberg (Canada)]
Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN)
Company Research
Source: BNN Bloomberg
The Stoxx 600 Index was largely unchanged by 8:05 a.m. in London, with tech stocks leading gains. Haleon Plc fell after Pfizer Inc. said it plans to sell about £2 billion ($2.5 billion) of its shares. The main regional benchmark capped its its eighth weekly gain in a row on Friday, the longest such streak since 2018, and investors are looking for signs of how much further can the rally go. The Fed's meeting on Wednesday will be key for sentiment as the latest data of inflation and unemployment have made fears of higher for longer rate re-emerge, after Chair Jerome Powell suggested earlier this month the central bank is getting close to the confidence it needs to start lowering interest rates. Powell's Silence Frustrates Markets as Post-Covid Economy Shifts “Our concern is that markets could be disappointed by the Fed,” Vega IM fund manager Olivier David said, arguing that resilient inflation could prompt policymakers to scale down their plans to cut interest rates in 2024.
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High impacting Haleon plc American Depositary Shares (Each representing two Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
HLN
News
- Haleon's first-quarter revenue misses expectations [Reuters]Reuters
- Haleon to Shut UK Factory and Move Toothpaste-Making to Slovakia [BNN Bloomberg (Canada)]BNN Bloomberg
- Sensodyne-maker Haleon to shut UK manufacturing site, with more than 400 jobs hit [Reuters]Reuters
- Why many top CFOs faced with cost cutting choose to lead by example: ‘It usually starts at home' [Fortune]Fortune
- Haleon names Dawn Allen as CFO [Reuters]Reuters
HLN
Sec Filings
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- HLN's page on the SEC website