Leaving BNY Website

 

You are leaving the BNY Mellon's Depositary Receipts' Website.
Linked sites are not under the control of The Bank of New York Mellon Corporation or any of its subsidiaries or affiliates (together, the "Company") and the Company is not responsible for the content of any linked site or any link contained in a linked site. If you choose to link to a website not controlled by the Company, you do so entirely at your own risk and the Company makes no warranties, either express or implied, concerning the content of such site, including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does the Company warrant that such site or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. The Company does not guarantee the authenticity of documents on the Internet. Links to other sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites. The Company reserves the right to terminate any link at any time.

Do you wish to continue to the linked site on these terms?

Stay On Page
Leave Page

© 2025 The Bank of New York Mellon Corporation

Depositary Receipt business and services are conducted through The Bank of New York Mellon.

BNY - DR Legal Disclaimer
  

To learn more about DRs, please contact DRBrokerSolutions@bny.com.

 

The information and data provided herein are provided for general informational purposes only.  BNY does not warrant or guarantee the accuracy, timeliness or completeness of any such information or data.  BNY does not undertake any obligation to update or amend any information or data, and may change, update or amend any information or data at any time without prior notice.

 

BNY provides no advice, recommendation or endorsement with respect to any company or securities.  No information or data is intended to provide legal, tax, accounting, investment, financial, trading or other advice on any matter, and is not to be used as such.  We expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon any information or data, including market value loss on the sale or purchase of securities or other instruments or obligations.

 

Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.

 

BNY collects fees from DR holders pursuant to the terms and conditions of the DRs and any deposit agreement under which they are issued.  From time to time, BNY may make payments to an issuer to reimburse and/or share revenue from the fees collected from DR holders, or waive fees and expenses to an issuer for services provided, generally related to costs and expenses arising out of establishment and maintenance of the DR program.  BNY may pay a rebate to brokers in connection with unsponsored DR issuances; brokers may or may not disclose or pass back some or all of such rebate to the DR investor.  BNY may also use brokers, dealers or other service providers that are affiliates and that may earn or share fees and commissions.

 

BNY may execute DR foreign currency transactions itself or through its affiliates, or the Custodian or the underlying Company may execute foreign currency transactions and pay US dollars to BNY.  In those instances where it executes DR foreign currency transactions itself or through its affiliates, BNY acts as principal counterparty and not as agent, advisor, broker or fiduciary.  In such cases, BNY  has no obligation to obtain the most favorable exchange rate, makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate. BNY earns and retains revenue on its executed foreign currency transactions based on, among other things, the difference between the rate it assigns to the transaction and the rate that it pays and receives for purchases and sales of currencies when buying or selling foreign currency for its own account.  The methodology used by BNY to determine DR conversion rates is available to registered Owners upon request or can be accessed here.  In those instances where BNY's Custodian executes DR foreign currency transactions, the Custodian has no obligation to obtain the most favorable exchange rate or that the method by which the rate will be determined will be the most favorable rate, and BNY makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate.  In certain instances, BNY may receive dividends and other distributions from an issuer of securities underlying DRs in U.S. dollars rather than in a foreign currency.  In such cases, BNY will not engage in or be responsible for any foreign currency transactions and it makes no representation that the rate obtained by an issuer is a favorable rate and it will not be liable for any direct or indirect losses associated with the rate.

 

BNY is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

 

BNY's name, brand and/or trademarks may not be used, copied or reproduced without the prior express written consent of BNY.

 

DEPOSITARY RECEIPTS ARE NOT INSURED BY THE FDIC OR ANY OTHER GOVERNMENT AGENCY, ARE NOT DEPOSITS OR OTHER OBLIGATIONS OF, AND ARE NOT GUARANTEED BY, BNY AND ARE SUBJECT TO INVESTMENT RISKS INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED.

 

Please also see "Terms of Use."

ACCEPT

Please enable cookies in your browser if you wish to proceed.

Regulation S Disclaimer

 

Access To This Company Profile Is Restricted To Non-U.S. Persons Outside The United States Within The Meaning Of Regulation S Under The U.S. Securities Act Of 1933, As Amended (The "Securities Act").1

 

This company profile does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction or under any circumstances in which such offer or solicitation is unlawful.

 

Each person accessing this company profile, by so doing, will be deemed to have acknowledged that: (1) It is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) Any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities.

 

If you agree with and accept the foregoing and the Terms of use governing this site, please select "Accept" below. Otherwise, press "Decline" to return to the previous page.

 

1 As defined in the Securities Act, the term "U.S Person" means: (1) any natural person resident in the United States; (2) any partnership or corporation organized or incorporated under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. person; (4) any trust of which any trustee is a U.S. person; (5) any agency or branch of a foreign entity located in the United States; (6) any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. person; (7) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and (8) any partnership or corporation if: (A) organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a)) who are not natural persons, estates or trusts.

I Accept Decline

© 2024 The Bank of New York Mellon Corporation
Depositary Receipt business and services are conducted through The Bank of New York Mellon.

Back to Daily DR Market Summary

StreetAccount Summary - Europe Pre-Open: Futures: FTSE (0.6%) , DAX30 (0.8%), CAC40 (0.4%)

Aug 17 ,2023

  • Synopsis

    • European equities are set to open in negative territory. Asian equities trading lower Thursday whilst S&P 500 futures flat afterhours. Dollar seeing across-the-board gains, AUD down its lowest since Oct-2022 following Australian jobs data. Crude, base and precious metals markets little changed following earlier decline.

    • On today's agenda, Norges Bank policy decision at 10:00CET, also decision on the countercyclical capital buffer, press conf from Arendal Week at 10:30 CET (will be livestreamed). Other central bank events, Bundesbank's Balz speech at 8:00CET at event on the digital-euro, and again on the same topic at 12noon CET and Riksbank's Breman speech at 14:00CET on the economic situation and current monetary policy at a seminar arranged by Swedbank. In politics, new session of Spain's Congress of Deputies. Chancellor Scholz host Danish PM Frederiksen for talks.

    • Macroeconomic releases today include: Spain Jun trade balance, Eurozone Jun trade balance, Netherlands Jul unemployment rate

    • In corporate news, Aegon (AGN.NA) reported H1 Operating capital generation (after holding funding & op. exp.) €492M vs consensus €436M. Also in the Netherlands, Adyen (ADYEN.NA) saw H1 net income attributable €282.2M vs FactSet €301.3M.

    • Out of the Nordics, Coloplast (COLO.B.DC) reported Q3 net income DKK1.27B vs consensus DKK1.30B; Embracer Group (EMBRAC.B.SS) reported Q1 adj EPS SEK1.23 vs FactSet SEK0.99 and reiterated FY23 forecast; Holmen (HOLM.B.SS) posted Q2 EPS SEK5.5 vs FactSet SEK5.21; Kojamo (KOJAMO.FH) Q2 FFO €0.21 vs FactSet €0.20 and announced cost savings program, will start change negotiations; will propose no dividend be paid for 2023.

    • From the DACH region, Banque Cantonale Vaudoise (BCVN.SW) H1 net income CHF240.0M, +22% vs year-ago CHF196.8M; Geberit (GEBN.SW) Q2 net income CHF153.5M vs consensus CHF175.7M. Flughafen Wien (FLU.AV), Kapsch TrafficCom (KTCG.AV), Addiko Bank (ADKO.AV), Siegfried Holding (SFZN.SW) also released their respective earnings updates.

    • On the speculation front, Premier Miton holds discussions about acquiring part of River and Mercantile from AssetCo, according to Sky News.

  • Politics/Macro/World News

    • Spain resumes efforts to form government after summer lull - FT

    • UK's Rishi Sunak defends government cost-of-living support - BBC

    • Guatemalan presidential candidate Arevalo seen winning runoff with 61%, poll finds - Reuters

    • Netherlands Jul Unemployment Rate 3.6% vs consensus 3.6% and prior 3.5%

  • Top company news

    • Earnings/updates

      • Benelux

        • AGN.NA (Aegon) -- reports H1 Operating capital generation (after holding funding & op. exp.) €492M vs consensus €436M

        • ADYEN.NA (Adyen) -- reports H1 net income attributable €282.2M vs FactSet €301.3M [7 est, €266.7-342M]

      • Nordics

        • GN.DC (GN Store Nord) -- updates FY23 organic revenue growth guidance to 9-13% y/y vs prior 5-10% y/y

          • reports Q2 EPS DKK1.21 ex-items vs FactSet DKK1.30 [7 est, DKK0.67-2.56]

        • ZEAL.DC (Zealand Pharma) -- reports Q2 net loss (DKK319.5M) vs year-ago (DKK488.5M); FY23 guidance unchanged

        • CALTX.SS (Calliditas Therapeutics) -- reports Q2 EPS (SEK1.71) vs FactSet (SEK1.31) [8 est, (SEK3.07)-(0.43)]; lowers FY guidance for net sales of TARPEYO in US

        • AUTO.NO (AutoStore Holdings) -- reports Q2 EPS ($0.04) vs FactSet $0.02 [5 est, $0.01-0.02]

        • EMBRAC.B.SS (Embracer Group) -- reports Q1 adj EPS SEK1.23 vs FactSet SEK0.99 [8 est, SEK0.35-1.73]; reiterates FY23 forecast

        • VEI.NO (Veidekke) --- reports Q2 EPS NOK2.00 vs year-ago NOK1.90

        • KOHAMO.FH (Kojamo) -- reports Q2 FFO €0.21 vs FactSet €0.20; specifies FY outlook

        • COLO.B.DC (Coloplast) -- reports Q3 net income DKK1.27B vs consensus DKK1.30B

        • HOLM.B.SS (Holmen) -- reports Q2 EPS SEK5.5 vs FactSet SEK5.21 [3 est, SEK4.80-5.90]

        • EMGS.NO (Electromagnetic Geoservices) -- reports Q2 EPS ($0.02) vs year-ago $0.01

        • ODF.NO (Odfjell) -- reports Q2 EPS $0.67 vs FactSet $0.60 [4 est, $0.57-0.64]

        • KOJAMO.FH (Kojamo) -- announces cost savings program, will start change negotiations; will propose no dividend be paid for 2023

        • NORB.B.SS (Nordisk Bergteknik) -- reports Q2 EPS SEK0.72 vs year-ago SEK0.78

      • France

        • ADP.FP (Aeroport de Paris) -- reports Total Paris Aeroport Jul traffic ~34.18M, +16.4% y/y

      • DACHs

        • MBTN.SW (Meyer Burger Technology) -- reports final H1 net income attributable (CHF64.8M) vs year-ago (CHF41.0M)

        • SFZN.SW (Siegfried Holding) -- reports H1 core net profit CHF58.9M vs FactSet CHF55.1M

        • BCVN.SW (Banque Cantonale Vaudoise) -- reports H1 net income CHF240.0M, +22% vs year-ago CHF196.8M

        • FLU.AV (Flughafen Wien) -- reports H1 net income €82.7M, +58% vs year-ago €52.3M

    • M&A

      • MT.NA (ArcelorMittal) -- ArcelorMittal (MT.NA) reportedly weighing a potential bid for United States Steel -- Reuters, citing sources

      • SBB.B.SS (Samhällsbyggnadsbolaget i Norden) -- issuance of SEK 2.36B of preference shares in SBB Residential Property AB to MSREI

      • ACSO.LN (accesso Technology Group) -- accesso Technology completes VGS acquisition

      • ASTO.LN (AssetCo) -- Premier Miton holds discussions about acquiring part of River and Mercantile from AssetCo - Sky News

      • SAHN.SW (Schaffner Holding) -- TE Connectivity to acquire Schaffner Holding for CHF505/share in cash

    • Healthcare

      • BRKR (Bruker) -- to provide 60 explosives trace detectors for Zuerich Airport

      • IPN.FP (Ipsen) -- FDA approves Sohonos capsules for FOP; Ipsen awarded priority review voucher

      • VLA.FP (Valneva) -- announced an agreement to increase the principal amount of its existing $100M senior secured debt financing agreement with funds managed by leading U.S. healthcare investment firms Deerfield Management Company and OrbiMed

      • SYNACT.SS (SynAct Pharma) -- completes dosing in part A of combined Phase 2a/b RESOLVE study of resomelagon (AP1189) in rheumatoid arthritis (RA)

    • Other

      • SLHN.SW (Swiss Life Holding) -- Markus Leibundgut, CEO of Swiss Life Switzerland, is temporarily stepping down from operations due to cancer

  • Key rating changes

    • Upgrades

      • ALC.SW (Alcon AG) -- to overweight from neutral at JPMorgan

      • AAG.GR (Aumann) -- to buy from hold at Berenberg

      • EOAN.GR (E.ON SE) -- to buy from hold at HSBC

    • Downgrades

      • LXS.GR (Lanxess) -- to equal weight from overweight at Barclays

    • Other Actions

      • LMP.LN (LondonMetric Property) -- reinstated overweight at JPMorgan; prior rating was neutral

  • Data

    • Nikkei (0.60%) to 31574.81

    • Hang Seng (1.06%) to 18134.50

    • Shanghai Composite (0.33%) to 3139.62

    • S&P futures (3.8) vs prior close of 4420.0

    • €-$ (0.0013) or (0.12%) to 1.0867

    • $-¥ +0.00 or +0.00% to 146.35

    • €-¥ (0.28) or (0.18%) to 159.05

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE