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Prysmian


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ASM International, Burberry, LVMH

EUROPE RESEARCH ROUNDUP-ASM International, Burberry, LVMH Oct 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ASM International, Burberry and LVMH on Tuesday. HIGHLIGHTS * ASM International ASMI.AS : Stifel cuts target price to EUR 740 from EUR 800 * Burberry Group BRBY.L : HSBC raises target price to 770p from 690p * Carlsberg CARLb.CO : Jefferies cuts target price to DKK 1,000 from DKK 1,100 * LVMH LVMH.PA : HSBC raises target p
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Italy - Factors to watch on October 1

Italy - Factors to watch on October 1 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 . POLITICS Italian Prime Minister Giorgia Meloni met the head of the U.S.
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Italy - Factors to watch on October 1

Italy - Factors to watch on October 1 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 . POLITICS Italian Prime Minister Giorgia Meloni met the head of the U.S.
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JPM sticks to its favoured European capital goods names amid muted sentiment

BUZZ-JPM sticks to its favoured European capital goods names amid muted sentiment ** J.P.Morgan says European capital goods are "stuck in the middle", with investor conviction generally low and valuations in the middle ground, as it sticks to its favoured names for whom consensus seems "at least reasonable" ** "Weaker top-down indicators have dampe
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Goldman Sachs cuts Nexans to 'neutral' on low backlog visibility

BUZZ-Goldman Sachs cuts Nexans to 'neutral' on low backlog visibility ** Shares in Nexans NEXS.PA fall 3.8% after Goldman Sachs downgrades the French cable maker to "neutral" from "buy" citing concerns around its backlog visibility ** In a note on cables stocks, GS says it remains "very constructive" about demand for cables, but is cautious on how
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Domino's Pizza Group, OSB Group, Travis Perkins

EUROPE RESEARCH ROUNDUP-Domino's Pizza Group, OSB Group, Travis Perkins Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Domino's Pizza Group, OSB Group and Travis Perkins, on Monday. HIGHLIGHTS * Domino's Pizza Group Plc DOM.L : Jefferies cuts target price to 400p from 430p * Holcim HOLN.S : Deutsche Bank raises to buy from hold * OSB Group OSBO.L : Peel Hunt cuts to hold from add * Travis Perkins TPK.L : Peel Hunt raises to
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Italy - Factors to watch on August 13

Italy - Factors to watch on August 13 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 . POLITICS Italy's Foreign Minister Antonio Tajani said in a joint statement with the Swiss foreign ministry on Monday that the two countries shared deep concern over Russia's aggression in Ukraine, but that Moscow
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Italy's Prysmian gets more than $96 mln in trade secrets dispute against Sterlite

REFILE-Italy's Prysmian gets more than $96 mln in trade secrets dispute against Sterlite Fixes typo in Sterlite in paragraph 1 Aug 12 (Reuters) - Italian cablemaker Prysmian PRY.MI on Monday received about $96 million in its trade secrets case against India's Sterlite Technologies STTE.NS . Prysmian filed the lawsuit in 2021 claiming that a former executive Stephen Szymanski misused trade secrets and took them to his new employer Sterlite, a networking technology provider.
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Prysmian Says Co Awarded More Than $96 Million By Jury In Trade Secrets Lawsuit Against Sterlite- Statement

BRIEF-Prysmian Says Co Awarded More Than $96 Million By Jury In Trade Secrets Lawsuit Against Sterlite- Statement Aug 12 (Reuters) - Prysmian SpA PRY.MI : PRYSMIAN AWARDED MORE THAN $96 MILLION BY JURY IN TRADE SECRETS LAWSUIT AGAINST STERLITE- STATEMENT Source Further company coverage: PRY.MI
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FMR held 4.779% stake in Prysmian as of Aug 6, regulatory filing shows

BRIEF-FMR held 4.779% stake in Prysmian as of Aug 6, regulatory filing shows Aug 12 (Reuters) - Italy's market watchdog Consob says in a regulatory filing: FMR HELD 4.779% STAKE IN PRYSMIAN AS OF AUG 6 Further company coverage: PRY.MI (Gdansk Newsroom)
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Barclays, Ibstock, London Stock Exchange

EUROPE RESEARCH ROUNDUP-Barclays, Ibstock, London Stock Exchange Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Ibstock and London Stock Exchange, on Thursday. HIGHLIGHTS * Barclays BARC.L : HSBC raises target price to 310p from 290p * Ibstock IBST.L : Berenberg raises target price to 200p from 150p * London Stock Exchange LSEG.L : HSBC raises target price to 9,400p from 8,800p * Persimmon PSN.L : JP Morgan raises
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Italy's Prysmian secures 600 mln euro contract for power interconnector in Australia

Italy's Prysmian secures 600 mln euro contract for power interconnector in Australia MILAN, Aug 2 (Reuters) - Italy's Prysmian PRY.MI said on Friday a contract it secured in Australia for a new high voltage power interconnector was worth around 600 million euros ($650 million). The contract with Marinus Link Pty, which is developing the interconnector between the state of Victoria and the island of Tasmania, finalises a preliminary agreement the two companies announced in 2023. WHY IT'S IMPORTAN
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Italy - Factors to watch on August 2

Italy - Factors to watch on August 2 The following factors could affect Italian markets on Friday. 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 Italy posted a state sector budget surplus of 2.4 billion euros ($2.59 billion) in July compared to a surplus of 15.83 billion euros in the same month last year, Treasury data showed on Thursday.
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Italy's Prysmian falls as H1 EBITDA margin misses estimates

BUZZ-Italy's Prysmian falls as H1 EBITDA margin misses estimates ** Shares in Prysmian PRY.MI fall as much as 4.4% after the Italian cable maker posted H1 adjusted EBITDA margin of 11.1%, slightly below analyst expectations of 11.2% ** Jefferies says the company's electrification segment came slightly below expectations with an EBITDA margin of 9.5
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Prysmian CEO: two thirds of FY EBITDA forecast improvement due to Encore acquisition

BRIEF-Prysmian CEO: two thirds of FY EBITDA forecast improvement due to Encore acquisition Aug 1 (Reuters) - Prysmian Chief Executive Officer Massimo Battaini says in a post-earnings press conference: FY EBITDA GUIDANCE IMPROVEMENT COMES FROM ENCORE ACQUISITION FOR 200 MILLION EUROS AND FROM PRYSMIAN FOR 100 MILLION EUROS Further company coverage:
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Italy - Factors to watch on August 1

Italy - Factors to watch on August 1 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 . ECONOMY July PMI manufacturing HCOB data (0745 GMT). ISTAT releases June unemployment rate date (0800 GMT).
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Prysmian shares ease from recent high as H1 results show 'some weakness'

UPDATE 3-Prysmian shares ease from recent high as H1 results show 'some weakness' H1 adj core earnings down 1% in to 869 mln euros Sees full-year adj EBITDA of 1.90-1.95 bln euros Co completed Encore acquisition in July H1 EBITDA margins broadly stable at 11.1% Shares down 3.4%, up more than 50% this year Releads after analyst call, adds context MILAN, Aug 1 (Reuters) - Prysmian PRY.MI has seen "some weakness" in its first-half performance, the world's No.1 cable maker said on Thursday, as margi
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Italy's Prysmian raises FY forecasts on better outlook, Encore acquisition

Italy's Prysmian raises FY forecasts on better outlook, Encore acquisition MILAN, Aug 1 (Reuters) - Prysmian PRY.MI on Thursday raised its forecasts for this year's results on optimism for business performance as well as to account for) its $4.2 billion euro acquisition of U.S. firm Encore Wire, which considerably increased the group's size. The world's largest cable maker said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would grow this year to between 1.90
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Prysmian H1 Adjusted EBITDA EUR 869 Mln

BRIEF-Prysmian H1 Adjusted EBITDA EUR 869 Mln Aug 1 (Reuters) - Prysmian SpA PRY.MI : UPGRADES 2024 OUTLOOK H1 ADJUSTED. EBITDA EUR 869 MILLION VERSUS EUR 864 MILLION IN COMPANY-PROVIDED CONSENSUS H1 SALES EUR 7.82 BILLION VERSUS EUR 7.73 BILLION IN COMPANY-PROVIDED CONSENSUS H1 NET PROFIT EUR 402 MILLION NET FINANCIAL DEBT AT JUNE-END EUR 1.32 BIL
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Italy - Factors to watch on August 1

Italy - Factors to watch on August 1 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 . ECONOMY July PMI manufacturing HCOB data (0745 GMT). ISTAT releases June unemployment rate date (0800 GMT).
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