Renault's Rating, Puma Socks, WH Smith Probe
On This episode of Stock Movers:
- Renault has regained its investment-grade status at S&P Global Ratings. UBS rates Arcadis and Rieter neutral. On Tradegate, Rolls-Royce and Ads-Tec Energy are among the most active industrials stocks before European markets open, gaining 1.2% and falling 8.2% respectively.
- European sportswear stocks could be active on Friday after Nike warned sales will decline this quarter due to weakness in China and its Converse brand
- WH Smith is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer.
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