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Prysmian


Actualités

Danske Bank, Entain, Halma

EUROPE RESEARCH ROUNDUP-Danske Bank, Entain, Halma July 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Entain and Halma, on Wednesday. HIGHLIGHTS * Danske Bank DANSKE.CO : Berenberg initiates coverage with hold rating; PT DKK 215 * Entain ENT.L : JP Morgan cuts target price to 900p from 910p * Halma HLMA.L : JP Morgan raises target price to 2,350p from 2,000p * Novonesis NSISb.CO : JP Morgan raises target price to
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Italy - Factors to watch on July 10

Italy - Factors to watch on July 10 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY The Italian economy is holding up well and is on track to reach the government's growth target of 1% this year, Economy Minister Giancarlo Giorgetti said on Tuesday.
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Prysmian up after Jefferies upgrades on electric growth potential

BUZZ-Prysmian up after Jefferies upgrades on electric growth potential ** Shares in Prysmian PRY.MI rise around 3% after Jefferies upgrades the world's largest cablemaker to "buy" from "hold" on growth potential of its power grid business and synergies following Encore Wire acquisition ** It expects the power grid unit's core profit to reach around 480 million euros ($519.65 million) in 2024, well above company's target of 410 million euros for 2024 ** This is driven by stronger growth as the co
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Alfa Laval, Ferrari NV, Swedbank

EUROPE RESEARCH ROUNDUP-Alfa Laval, Ferrari NV, Swedbank July 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alfa Laval, Ferrari NV and Swedbank, on Tuesday. HIGHLIGHTS * Alfa Laval ALFA.ST : JP Morgan raises target price to SEK 390 from SEK 385 * Ferrari NV RACE.MI : HSBC raises target price to EUR 385 from EUR 368 * Harworth Group Plc HWG.L : Peel Hunt raises target price to 195p from 165p * Moonpig Group MOONM.L : HSBC raises
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Italy - Factors to watch on July 9

Italy - Factors to watch on July 9 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT Treasury to sell up to 8.5 billion euros in bonds at July 11 auction .
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Italy - Factors to watch on July 8

Italy - Factors to watch on July 8 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Spanish far-right party Vox has quit Italian Prime Minister Giorgia Meloni's European Conservatives and Reformists (ECR) group in the European Parliament to join a new alliance led by Hungarian Prime Minister
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Prysmian Completes Acquisition Of Encore Wire

BRIEF-Prysmian Completes Acquisition Of Encore Wire July 2 (Reuters) - Prysmian SpA PRY.MI : COMPLETES ACQUISITION OF ENCORE WIRE HAS ACQUIRED ALL OUTSTANDING SHARES OF ENCORE WIRE’S COMMON STOCK FOR $290.00 PER SHARE, IN CASH Further company coverage: PRY.MI (Gdansk Newsroom)
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Italy - Factors to watch on July 2

Italy - Factors to watch on July 2 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ISTAT releases May unemployment rate date (0800 GMT) and Q1 deficit/GDP ratio data (0900 GMT).
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Protagonist Therapeutics jumps on S&P SmallCap addition

BUZZ-Protagonist Therapeutics jumps on S&P SmallCap addition ** Shares of Protagonist Therapeutics PTGX.O up 10.3% premarket to $35.16, a 2-week high, as co set to join S&P SmallCap 600 index .SPCY next week ** Biotech firm to replace Encore Wire WIRE.O in SPCY prior to market open Weds, Jul 3, according to S&P Dow Jones Indices ** Encore being acquired by Italian cablemaker Prysmian PRY.MI in $4.2 bln deal ** PTGX's lead product candidates are rusfertide, for treatment of a rare blood disease,
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Saudi Aramco and Chemaf SA June 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported 2000 GMT on Thursday: * * Saudi Aramco 2223.SE is set to take a 10% stake in a thermal engine joint venture between Renault RENA.PA and China's Geely 0175.HK called Horse Powertrain, said two sources familiar with the matter, beefing up a business supplying legacy automakers as electric-vehicle sales slow.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: GPA, Prysmian Updates: UltraTech Cement June 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported 1330 GMT on Thursday: ** Brazilian retailer GPA PCAR3.SA has agreed to sell its network of gas stations in Sao Paulo state to conglomerate Ultrapar UGPA3.SA , it said late on Wednesday, part of a broader push to divest from assets in the fuel industry.
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Prysmian to avoid large acquisitions in next 2-1/2 years to cut debt, CEO says

UPDATE 1-Prysmian to avoid large acquisitions in next 2-1/2 years to cut debt, CEO says Adds CEO quotes and context in paragraphs 3-10 MILAN, June 27 (Reuters) - Italian cablemaker Prysmian PRY.MI will target acquisitions of around 500 million euros ($535 million) and refrain from large M&A deals in the next 2-1/2 years to focus on reducing its 5 billion euros of debt, its chief executive said on Thursday.
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Prysmian to avoid large acquisition in the next two years and a half, CEO says

Prysmian to avoid large acquisition in the next two years and a half, CEO says MILAN, June 27 (Reuters) - Prysmian PRY.MI CEO said on Thursday the cable maker would refrain from large M&A deals in the next two years and a half as it focuses on reducing its debt, which rose to 5 billion euros ($5.4 billion) to fund the acquisition of Encore Wire WIRE.O .
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Prysmian Says It Will Revise Sustainability Targets Following Encore Wire Acquisition

BRIEF-Prysmian Says It Will Revise Sustainability Targets Following Encore Wire Acquisition June 27 (Reuters) - Prysmian SpA PRY.MI : SHARE OF REVENUES FROM SUSTAINABLE PRODUCTS REACHES 41% AT Q1, AHEAD OF 2025 TARGET OF 40% TO UNDERTAKE UPWARD REVISION OF SUSTAINABILITY TARGETS FOLLOWING ANNOUNCED ENCORE WIRE ACQUISITION Further company coverage:
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Italy - Factors to watch on June 27

Italy - Factors to watch on June 27 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italian Prime Minister Giorgia Meloni criticised on Wednesday plans to share out the top jobs in EU institutions, saying they ignored the successes of rightwing parties at this month's European Parliament
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Italy - Factors to watch on June 27

Italy - Factors to watch on June 27 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italian Prime Minister Giorgia Meloni criticised on Wednesday plans to share out the top jobs in EU institutions, saying they ignored the successes of rightwing parties at this month's European Parliament
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Prysmian Says Encore Wire Shareholders Approved Acquisition By Company

BRIEF-Prysmian Says Encore Wire Shareholders Approved Acquisition By Company June 26 (Reuters) - Prysmian SpA PRY.MI : ENCORE WIRE’S STOCKHOLDERS APPROVED THE ACQUISITION BY PRYSMIAN COMPANY TO ACQUIRE ENCORE WIRE FOR $290.00 PER SHARE ACQUISITION WILL BE CONSUMMATED ON JULY 2 Further company coverage: PRY.MI (Gdansk Newsroom)
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Givaudan, National Grid, Schneider Electric

EUROPE RESEARCH ROUNDUP-Givaudan, National Grid, Schneider Electric June 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Givaudan, National Grid and Schneider Electric, on Tuesday. HIGHLIGHTS * Crest Nicholson Holdings Plc CRST.L : RBC raises target price to 250p from 175p * Givaudan SA GIVN.S : JP Morgan raises target price to CHF 4,200 from CHF 3,800 * National Grid NG.L : Barclays cuts target price to 1120p from 1365p * Schne
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Berenberg starts 'recession-proof' NKT with 'hold'

BUZZ-Berenberg starts 'recession-proof' NKT with 'hold' ** Berenberg initiates cable solutions provider NKT NKT.CO with "hold" and says the Danish company is "recession-proof" due to revenue contribution from high-voltage cables, but lacks an upside ** The brokerage sees NKT's revenue from high-voltage cables doubling by 2028 and expects operationa
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Prysmian Approves Call On EUR 750 Mln Convertible Bond, Launch Of Up To EUR 375 Mln Buy-Back Programme

BRIEF-Prysmian Approves Call On EUR 750 Mln Convertible Bond, Launch Of Up To EUR 375 Mln Buy-Back Programme June 10 (Reuters) - Prysmian SpA PRY.MI : SAID ON FRIDAY IT APPROVED EXERCISE CALL ON EUR 750 MLN CONVERTIBLE BOND ISSUED IN FEBRUARY 2021 BOND REDEMPTION DATE SET ON JULY 19 2024 LAUNCHED SHARE BUYBACK PROGRAMME UP TO EUR 375 MLN BUYBACK PR
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