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Infineon


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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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European semiconductor stocks rise despite disappointing Nvidia forecast

BUZZ-European semiconductor stocks rise despite disappointing Nvidia forecast ** Shares in European semiconductor companies rise, despite artificial intelligence (AI) chip giant Nvidia's NVDA.O quarterly results failing to impress investors ** The pan-European STOXX tech index .SX8P rises 1.7% to one-week high, leading sectoral gains on the wider STOXX 600 .STOXX index, which is up 0.6% ** ING FM analyst Marc Hesselink says that there were very high expectations going into Nvidia's results but t
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Mixed picture: Nvidia down, European tech up

LIVE MARKETS-Mixed picture: Nvidia down, European tech up STOXX 600 up 0.7% Tech stocks rise Spirits makers surge Wall St futures higher 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 MIXED PICTURE: NVIDIA DOWN, EUROPEAN TECH UP Nvidia NVDA.O shares have rebounded from their Thursday after-hours 7% decline and are down 1.8% in premarket trading as traders try to get a grip on th
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Burberry to likely drop out of FTSE 100 next week

CORRECTED-LIVE MARKETS-Burberry to likely drop out of FTSE 100 next week Corrects day to Wednesday, not Thursday, in penultimate paragraph STOXX 600 up 0.7% Tech stocks rise Spirits makers surge Wall St futures higher 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 BURBERRY TO CHECK OUT OF FTSE 100 NEXT WEEK With UK's premier index due for a rejig next week, analysts anticipate l
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STOXX 600 rises to 6-1/2 week high

LIVE MARKETS-STOXX 600 rises to 6-1/2 week high STOXX 600 up 0.3% Tech stocks eke out gains Spirits makers surge Wall St futures mixed 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 STOXX 600 RISES TO 6-1/2 WEEK HIGH Europe's STOXX 600 .STOXX is up 0.3% on Thursday to its highest level since July 15, while other major bourses are also eking out gains.
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Bank of Georgia, Tracsis, Victrex

EUROPE RESEARCH ROUNDUP- Bank of Georgia, Tracsis, Victrex Aug 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bank of Georgia, Tracsis and Victrex, on Thursday. HIGHLIGHTS * Bank of Georgia BGEO.L : Peel Hunt raises target price to 6,200p from 6,000p * Close Brothers Group Plc CBRO.L : RBC raises to outperform from sector perform * Rathbones Group RAT.L : RBC raises target price to 1,950p from 1,850p * Tracsis Plc TRCS.L : Bere
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European futures steady after Nvidia results

LIVE MARKETS-European futures steady after Nvidia results 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 FUTURES STEADY AFTER NVIDIA RESULTS European equity futures are holding steady on Thursday following after-market earnings from Nvidia NVDA.O that struggled to exceed lofty expectations set by investors.
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Wall Street's case of pre-Nvidia jitters

LIVE MARKETS-Wall Street's case of pre-Nvidia jitters S&P 500, Nasdaq post modest advances; Dow ekes out nominal gain Tech up most among S&P sectors; Energy biggest laggard Dollar off; gold inches up; crude, bitcoin both down >2% 10-Year U.S. Treasury yield edges up to ~3.83% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Bitcoin trumps ether in ETF flows

LIVE MARKETS-Bitcoin trumps ether in ETF flows S&P 500, Nasdaq modestly higher; Dow ~unchanged Tech up most among S&P sectors; Energy biggest laggard Dollar off; gold inches up; crude, bitcoin both down >2% 10-Year U.S. Treasury yield edges up to ~3.83% 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 BITCOIN TRUMPS ETHER IN ETF FLOWS Digital asset investment products saw inflows
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Record highs without big tech leadership

LIVE MARKETS-Record highs without big tech leadership S&P 500, Nasdaq steady; Dow off Financials up most among S&P sectors; Energy biggest laggard STOXX 600 up ~0.2% Dollar, gold off; crude, bitcoin both down >2% 10-Year U.S. Treasury yield edges up to ~3.85% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Two-fer Tuesday: Consumer confidence, Case-Shiller

LIVE MARKETS-Two-fer Tuesday: Consumer confidence, Case-Shiller S&P 500, Nasdaq turn slightly green; Dow ~unchanged Financials up most among S&P sectors; Cons disc biggest laggard STOXX 600 up ~0.2% Dollar, gold off; crude down >1.5%; bitcoin down >2% 10-Year U.S. Treasury yield edges up to ~3.85% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Wall Street de-risks ahead of Nvidia earnings

LIVE MARKETS-Wall Street de-risks ahead of Nvidia earnings All three U.S. stock indexes red Cons disc down most among S&P sectors; healthcare leads gainers STOXX 600 up ~0.1% Dollar, gold, crude, bitcoin all lower 10-Year U.S. Treasury yield edges up to ~3.86% 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 WALL STREET DE-RISKS AHEAD OF NVIDIA EARNINGS U.S.
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Glimmer of hope for limping German economy

LIVE MARKETS-Glimmer of hope for limping German economy STOXX 600 up 0.1% Positive Ryanair update lifts airlines Autos, miners higher Wall St futures steady 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 GLIMMER OF HOPE FOR LIMPING GERMAN ECONOMY A trio of data sets released recently painted a gloomy picture of the German economy, with one confirming Europe's largest economy shr
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Auto parts suppliers pose inventory risk for EU semis

LIVE MARKETS-Auto parts suppliers pose inventory risk for EU semis STOXX 600 little changed Positive Ryanair update lifts airlines Autos, miners higher Wall St futures lower 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 AUTO PARTS SUPPLIERS POSE INVENTORY RISK FOR EU SEMIS Eyes are on the semiconductor industry this week as AI-behemoth Nvidia NVDA.O is due to report earnings on
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Tamedia, UPM Aug 27 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest fre
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Infineon to pay more than expected in Qimonda settlement

UPDATE 2-Infineon to pay more than expected in Qimonda settlement Infineon initially set aside 221 mln euros Qimonda creditors so far won 1.2 bln euros Adds spokesperson comment in paragraphs 2 and 3, analyst in paragraphs 4 and 5, shares and trader in paragraphs 9 and 10 FRANKFURT, Aug 23 (Reuters) - German chipmaker Infineon IFXGn.DE has settled a more than decade-long legal dispute over insolvent former unit Qimonda, agreeing to pay a higher than initially planned 753.5 million euros ($837 mi
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Infineon to pay more than expected in Qimonda settlement

UPDATE 2-Infineon to pay more than expected in Qimonda settlement Infineon initially set aside 221 mln euros Qimonda creditors so far won 1.2 bln euros Adds spokesperson comment in paragraphs 2 and 3, analyst in paragraphs 4 and 5, shares and trader in paragraphs 9 and 10 FRANKFURT, Aug 23 (Reuters) - German chipmaker Infineon IFXGn.DE has settled a more than decade-long legal dispute over insolvent former unit Qimonda, agreeing to pay a higher than initially planned 753.5 million euros ($837 mi
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Insolvency Administrator For Qimonda Says Conclusion Of Insolvency Proceedings Possible In 2025 With Substantial Dividend For Creditors

BRIEF-Insolvency Administrator For Qimonda Says Conclusion Of Insolvency Proceedings Possible In 2025 With Substantial Dividend For Creditors Aug 22 (Reuters) - Infineon Technologies AG IFXGn.DE : INSOLVENCY ADMINISTRATOR FOR QIMONDA AG - CONCLUSION OF INSOLVENCY PROCEEDINGS POSSIBLE IN 2025 WITH SUBSTANTIAL DIVIDEND FOR CREDITORS INSOLVENCY ADMINI
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Infineon, Qimonda reach settlement to end legal dispute

Infineon, Qimonda reach settlement to end legal dispute Aug 22 (Reuters) - German chipmaker Infineon Technologies AG IFXGn.DE said on Thursday it has reached a settlement with insolvency administrator of Qimonda AG to bring the legal dispute to an end by mutual agreement. Reporting by Nilutpal Timsina in Bengaluru;Editing by Mohammed Safi Shamsi
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Infineon Technologies Says Co And Qimonda Insolvency Administrator Reach Settlement To Bring Legal Dispute To An End

BRIEF-Infineon Technologies Says Co And Qimonda Insolvency Administrator Reach Settlement To Bring Legal Dispute To An End Aug 22 (Reuters) - Infineon Technologies AG IFXGn.DE : EQS-ADHOC: INFINEON TECHNOLOGIES AG: INFINEON TECHNOLOGIES AG AND QIMONDA INSOLVENCY ADMINISTRATOR REACH SETTLEMENT TO BRING LEGAL DISPUTE TO AN END BY MUTUAL AGREEMENT INFINEON TECHNOLOGIES AG - SETTLEMENT AGREEMENT PROVIDES FOR A PAYMENT OF EUR 753.5 MILLION INFINEON - AMOUNT CONSISTS OF NOMINAL SETTLEMENT AMOUNT OF EU
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