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Acerinox


Noticias

Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment

UPDATE 2-Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment Rewrites with Europe outlook, add details on unit performance and outlook, context on rivals By Jagoda Darlak Aug 8 (Reuters) - Finland's Outokumpu OUT1V.HE on Thursday reported second-quarter core profit above expectations, citing normalized operations after a strike earlier this year, but warned that the operating environment in Europe remains difficult.
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Eurofer cuts European steel forecasts as demand recovery lags

UPDATE 1-Eurofer cuts European steel forecasts as demand recovery lags Adds detail and quotes By Matteo Allievi July 25 (Reuters) - The European steel market recovery this year and next is likely to be weaker than previously expected, industry group Eurofer said on Thursday, downgrading its outlook for a third time this year on faltering demand. Axel Eggert, general director of Eurofer, said that the impact from reduced consumer demand on the sector's finances threatens its investment capability
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Ascential Plc, Oxford Instruments, Reckitt Benckiser

EUROPE RESEARCH ROUNDUP-Ascential Plc, Oxford Instruments, Reckitt Benckiser July 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ascential Plc, Oxford Instruments and Reckitt Benckiser, on Thursday. HIGHLIGHTS * Ascential Plc ASCL.L : HSBC raises target price to 568p from 370p * Oxford Instruments OXIG.L : HSBC raises target price to 2850p from 2500p * Reckitt Benckiser RKT.L : HSBC cuts target price to 4800p from 4900p * RS Gr
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Spanish stocks - Factors to watch on July 25

Spanish stocks - Factors to watch on July 25 July 25 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Repsol's operations in Venezuela have entered a new phase as the Spanish oil company receives more oil cargoes from the country and as production increases at its joint venture with state oil company PDVSA, Chief Executive Josu Jon Imaz sa
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Spain's Acerinox rises, forecasts Q3 core profit similar to Q2

BUZZ-Spain's Acerinox rises, forecasts Q3 core profit similar to Q2 ** Shares of steelmaker Acerinox ACX.MC rise 2.4%, on track for their best day since early-Feb ** Co says it expects Q3 core profit to be similar to Q2, citing a gradual recovery in the European market and a stronger U.S. business ** The group reported a 47% YoY drop in its second-
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Acerinox says economic concerns cloud steel demand recovery in Europe

UPDATE 3-Acerinox says economic concerns cloud steel demand recovery in Europe Says demand remains soft in Europe Q2 EBITDA slumps 47% on strike impact, slow Europe Expects Q3 EBITDA to be similar to Q2 Recasts with comments on slow market recovery, adds CEO quotes in paragraphs 3, 4, 7, analyst comment in paragraph 9 By Matteo Allievi and Javier West July 24 (Reuters) - Spanish steelmaker Acerinox ACX.MC said on Wednesday that visibility would remain poor across the European steel markets in th
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Acerinox Q2 net profit falls due to Spanish strike

Acerinox Q2 net profit falls due to Spanish strike July 24 (Reuters) - Spanish steelmaker Acerinox ACX.MC said on Wednesday its second-quarter net profit slumped 57% from the same period in 2023, dragged by a four-month-strike at its Spanish mill. The group reported a quarterly net profit of 62 million euros ($67.25 million), compared with 142 million euros a year earlier.
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Britvic, Burberry, Prudential

EUROPE RESEARCH ROUNDUP-Britvic, Burberry, Prudential July 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Burberry, and Prudential, on Tuesday. HIGHLIGHTS * Auction Technology Group ATG.L : RBC initiates coverage with sector perform rating; PT 540p * Britvic BVIC.L : HSBC raises target price to 1290p from 1100p * Burberry BRBY.L : JP Morgan cuts target price to 800p from 1050p * Prudential PRU.L : JP Morgan cuts target
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Spanish stocks - Factors to watch on July 16

Spanish stocks - Factors to watch on July 16 July 16 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TALGO TLGO.MC Spanish train maker Talgo said on Tuesday it received a merger offer from Czech rival Skoda four months after Hungarian consortium Ganz-Mavag launched a public tender offer for all Talgo shares.
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Spanish stocks - Factors to watch on July 2

Spanish stocks - Factors to watch on July 2 July 2 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: IBERDROLA IBE.MC The company said on Tuesday the gross amount of its supplementary dividend per share is 0.351 euros.
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Acerinox Gets US Approval For Haynes International Acquisition

BRIEF-Acerinox Gets US Approval For Haynes International Acquisition July 1 (Reuters) - Acerinox SA ACX.MC : COMMITTEE FOR FOREIGN INVESTMENS IN THE UNITED STATES (CFIUS) HAS AUTHORISED ACQUISITION OF HAYNES INTERNATIONAL BY ACERINOX WITH THIS RESOLUTION, PHASE OF AUTHORISATIONS REQUIRED BY US LEGISLATION AND AUTHORITIES HAS BEEN SUCCESSFULLY COMPL
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Spanish stocks - Factors to watch on June 28

Spanish stocks - Factors to watch on June 28 June 28 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TELEFONICA TEF.MC Spanish holding company Criteria, the biggest shareholder in Caixabank, said on Friday it raised its stake in Telefonica to 9.99%.
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Sabadell Executes Related-Party Transactions With Acerinox

BRIEF-Sabadell Executes Related-Party Transactions With Acerinox June 28 (Reuters) - SABADELL SABE.MC : SAID ON THURSDAY BOARD OF DIRECTORS APPROVED RELATED-PARTY TRANSACTION WITH ACERINOX FOR 150 MLN EUROS TRANSACTION AMOUNT, TOGETHER WITH THREE OTHER TRANSACTIONS CARRIED OUT IN LAST TWELVE MONTHS, EXCEED 2.5% OF TURNOVER OF LATEST CONSOLIDATED AN
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European steel trapped in quicksand

LIVE MARKETS-European steel trapped in quicksand STOXX 600 down 0.1% Tech leads gains, up 0.8% Autos worst off sector Traders keep an eye on Yen Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN STEEL TRAPPED IN QUICKSAND The expected rebound in European steel demand seems to be running out of steam, as the seasonally weaker summer months approach and Chinese exports stay
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Huhtamaki, Ryanair and Wizz Air

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw
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Spanish stocks - Factors to watch on May 30

Spanish stocks - Factors to watch on May 30 May 30 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SABADELL SABE.MC Sabadell said on Wednesday that Fitch raised the bank's long-term and short-term ratings. nL8N3HW5TE TELEFONICA TEF.MC Telefonica's Brazilian unit VIVT3.SA and Brazil's Desktop DESK3.SA said on Wednesday they are in talks for a potential
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Acerinox Informs On Cessation Of Activity In Malaysian Factory Bahru

BRIEF-Acerinox Informs On Cessation Of Activity In Malaysian Factory Bahru May 30 (Reuters) - Acerinox SA ACX.MC : INFORMED ON WEDNESDAY ON CESSATION OF ACTIVITY IN BAHRU STAINLESS FACTORY (MALAYSIA) REGARDING PRODUCTION ACTIVITY CESSATION AT BAHRU FACTORY, FROM NOW ON, CUSTOMERS WILL BE SUPPLIED FROM OTHER GROUP FACTORIES REGARDING FACTORY ACERINO
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