The key French index, the CAC 40, remains volatile this week as legislative election outcomes continue to sway investor sentiment.
A five-week strike by Montreal-area Safran SA workers who make landing-gear components used in Boeing and Airbus jets shows no signs of resolution as planemakers say supply-chain snags are hampering production. Workers picketed on Tuesday outside the factory in Mirabel, Quebec, where Safran has been running operations using personnel who are not striking, a company spokesperson said. European aerospace giant Airbus on Monday lowered its forecast for deliveries this year to around 770 jets from 800 and delayed a multi-year hike in narrowbody production, blaming shortages of engines and other parts, including landing gear.
Safran, Leidos Holdings and Textron are part of the Zacks Industry Outlook article.