Klöckner Jumps, Close Brothers Up, Monte dei Paschi Down.
On this episode of Stock Movers:- Worthington Steel, Klöckner signed business combination agreement, and Swoctem GmbH, Klöckner’s largest shareholder, committed to tender its 41.5% stake. Klöckner shares rose almost 30% at the open. - RBC Capital Markets upgrades Close Brothers Group to outperform from sector perform, noting the lender has “more fat” to trim on costs. The stock rose as much as 5.5%. - Delfin Sarl, the investment firm of the billionaire Del Vecchio family, denied it’s in talks with UniCredit SpA over potentially selling its 17.5% stake in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.