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ArcelorMittal


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Ashtead Group, Beazley, Entain

EUROPE RESEARCH ROUNDUP-Ashtead Group, Beazley, Entain Aug 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ashtead Group, Beazley and Entain, on Friday. HIGHLIGHTS * Ashtead Group Plc AHT.L : KeyBanc initiates coverage with sector weight rating * Beazley Plc BEZG.L : Berenberg raises target price to 950p from 880p * Entain Plc ENT.L : Deutsche Bank cuts target price to 958p from 1,089p * Rheinmetall AG RHMG.DE : Morgan Stanley up
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Arkema, Man Group, Shell

EUROPE RESEARCH ROUNDUP- Arkema, Man Group, Shell Aug 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Arkema, Man Group and Shell, on Friday. HIGHLIGHTS * Arkema SA AKE.PA : HSBC raises target price to EUR 105 from EUR 103 * Berkeley Group BKGH.L : Jefferies raises target price to 4,936p from 4,834p * Diageo Plc DGE.L : Morgan Stanley cuts target price to 2200p from 2380p * Man Group Plc EMG.L : Peel Hunt cuts to add from buy * Sh
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ArcelorMittal SA reports results for the quarter ended in June - Earnings Summary

ArcelorMittal SA reports results for the quarter ended in June - Earnings Summary ArcelorMittal SA MT.AS reported quarterly adjusted earnings of 63 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $2.20. The mean expectation of seven analysts for the quarter was for earnings of 86 cents per share.
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ArcelorMittal's CFO Estimates Mexico Strike Impact At Around $200 Mln In Q2 and Q3 - Conf Call

BRIEF-ArcelorMittal's CFO Estimates Mexico Strike Impact At Around $200 Mln In Q2 and Q3 - Conf Call Aug 1 (Reuters) - ArcelorMittal SA MT.LU CFO at Conference Call: CFO ESTIMATES MEXICO STRIKE IMPACT AT AROUND $100 MILLION IN Q2 AND AROUND $100 MILLION IN Q3 CFO NOT OVERLY CONCERNED BY POSSIBLE TRUMP ADMINISTRATION PRESIDENT BIDEN HAS BASICALLY KE
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ArcelorMittal Expects 2024 Apparent Steel Demand Growth Ex-China Of Between 2.5% And 3%

BRIEF-ArcelorMittal Expects 2024 Apparent Steel Demand Growth Ex-China Of Between 2.5% And 3% Aug 1 (Reuters) - ArcelorMittal SA MT.LU : ARCELORMITTAL S.A.: ARCELORMITTAL REPORTS SECOND QUARTER 2024 AND HALF YEAR 2024 RESULTS Q2 COMPANY-COMPILED CONSENSUS: EBITDA $1.77 BILLION; NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF PARENT $624 MILLION OUTLOOK 2024 : COMPANY BELIEVES CURRENT MARKET CONDITIONS ARE UNSUSTAINABLE OUTLOOK 2024 : CHINA’S EXCESS PRODUCTION RELATIVE TO DEMAND IS RESULTING IN VE
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ArcelorMittal's Q2 core earnings slide but ahead of expectations

UPDATE 3-ArcelorMittal's Q2 core earnings slide but ahead of expectations Recasts and writes through By Anna Peverieri and Michal Aleksandrowicz Aug 1 (Reuters) - ArcelorMittal MT.AS , the world's No. 2 steelmaker, reported second-quarter core profit tumbled 38% on low steel prices but the result was somewhat better than expected as shipments picked up from the previous quarter.
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ArcelorMittal's Q2 core earnings beat expectations

ArcelorMittal's Q2 core earnings beat expectations August 1 (Reuters) - The world's second-largest steelmaker, ArcelorMittal MT.AS , reported on Thursday second-quarter core profit that exceeded expectations, citing higher steel shipments and lower costs that blunted the impact of lower steel prices. The Luxembourg-based company reported quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) of $1.86 billion, higher than the company-compiled consensus of $1.77 billion.
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ArcelorMittal SA <MT.N> expected to post earnings of 75 cents a share - Earnings Preview

ArcelorMittal SA expected to post earnings of 75 cents a share - Earnings Preview ArcelorMittal SA MT.N , MT is expected to report resultson August 1 for the period ending June 30 2024 The Luxembourg Luxembourg-based company is expected to report revenue of $16.521 billion, according to the mean estimate from 3 analysts, based on LSEG data. ​LSEG's mean analyst estimate for ArcelorMittal SA is for earnings of 75 cents per share.
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ArcelorMittal SA <MT.AS> expected to post earnings of 83 cents a share - Earnings Preview

ArcelorMittal SA expected to post earnings of 83 cents a share - Earnings Preview ArcelorMittal SA MT.AS is expected to show a fall in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Luxembourg Luxembourg-based company is expected to report a 11.4% decrease in revenue to $16.476 billion from $18.61 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.
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PKP Cargo Says ArcelorMittal Accepts Its Offer For Transfer Of Goods

BRIEF-PKP Cargo Says ArcelorMittal Accepts Its Offer For Transfer Of Goods July 29 (Reuters) - PKP Cargo SA PKPP.WA : ARCELORMITTAL ACCEPTED CO'S OFFER FOR TRANSFER OF GOODS OF TOTAL EST. VOLUME OF ABOUT 6 MILLION TONNES Source text for Workspace: ID:nEM9YZrzMa Further company coverage: PKPP.WA Reporting by Gdansk Newsroom
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France corporate earnings week ahead

DIARY-France corporate earnings week ahead July 26 (Reuters) - Diary of France (.FCHI) corporate earnings for the week ahead FRANCE EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 30-Jul-2024 AMC TEPRF.PA Teleperformance SE Half Year 2024 Teleperformance SE Earnings Release 30-Jul-2024 AMC OREP.PA L'Oreal SA Half Year 2024 L'Oreal SA Earnings Release 30-Jul-2024 04:30 AIR.PA Airbus SE Half Year 2024 Airbus SE Earnings Release 31-Jul-2024 NTS SAF.PA Safran SA Half Year 2024 Safra
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ArcelorMittal says dissident workers still protesting in Mexican plant

UPDATE 3-Mexican state government confirms end of protest in ArcelorMittal plant Adds that the protest has ended MEXICO CITY, July 19 (Reuters) - Workers at a Mexican plant of steelmaker ArcelorMittal ended a 55-day stoppage on Friday, a government official from the state of Michoacan told Reuters late on Friday. Earlier on Friday, ArcelorMittal MT.LU had said a group of workers was continuing an "illegal blockade" at the facilities of its Mexican unit, a day after the company announced a new se
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ArcelorMittal says dissident workers still protesting in Mexican plant

ArcelorMittal says dissident workers still protesting in Mexican plant MEXICO CITY, July 19 - Steelmaker ArcelorMittal MT.LU said on Friday that a group of dissident workers was continuing an illegal blockade at its Mexican unit facilities, with "acts of violence," according to a press release. The company had announced on Thursday that a 55-day blockade at one of its sites in the southern state of Michoacan had ended, after workers approved a new settlement.
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ArcelorMittal's 55-day Mexico work stoppage ends, firm agrees pay hike

UPDATE 1-ArcelorMittal's 55-day Mexico work stoppage ends, firm agrees pay hike Updates with details from statement, background MEXICO CITY, July 18 (Reuters) - Steelmaker ArcelorMittal MT.AS said on Thursday that a 55-day blockade at one of its sites in Mexico ended after workers approved a new settlement that i ncludes an 8% pay hike for employees and review of their collective bargaining agreement.
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Steelmaker ArcelorMittal says 55-day blockade ended in Mexico

Steelmaker ArcelorMittal says 55-day blockade ended in Mexico MEXICO CITY, July 18 (Reuters) - Steelmaker ArcelorMittal MT.AS said on Thursday that a 55-day blockade at one of its sites in Mexico ended after voters approved a new settlement that was submitted to workers earlier in the day. Workers affiliated with the mining union had been protesting since late May against the annual profit distribution to employees decided by the company for 2023, bringing all activities to a halt.
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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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Hargreaves Lansdown, Spectris, Wizz Air

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Spectris, Wizz Air July 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Hargreaves Lansdown, Spectris and Wizz Air, on Friday. HIGHLIGHTS * Hargreaves Lansdown HRGV.L : JP Morgan raises target price to 684p from 671p * Spectris Plc SXS.L : Jefferies cuts target price to 4190p from 4435p * Spirax-Sarco SPX.L : Jefferies cuts target price to 9580p from 9690p * Weir Group WEIR.L : Jefferi
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds National Basketball Association, Google and ArcelorMittal July 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1 945 GMT on Wednesday: * * Google-parent Alphabet GOOGL.O has abandoned its plans to buy online marketing software company HubSpot HUBS.N , Bloomberg News reported, citing people familiar with the matter.
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Mexican miners reject 'favorable' deal with ArcelorMittal, govt says

REFILE-Mexican miners reject 'favorable' deal with ArcelorMittal, govt says Refiles to fix company name in headline MEXICO CITY, July 10 (Reuters) - A deal between steel producer ArcelorMittal MT.LU and Mexico's miners union was rejected by workers on Wednesday, Mexico's labor ministry said a statement, saying the deal had been "favorable." The deal would have put an end to a work stoppage at ArcelorMittal's western Mexico site that started at the end of May.
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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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