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Safran And MTU Aero Engines Create Eura Joint Venture

BRIEF-Safran And MTU Aero Engines Create Eura Joint Venture June 26 (Reuters) - Safran SA SAF.PA : SAFRAN AND MTU AERO ENGINES CREATE EURA JOINT VENTURE TO POWER NEXT GENERATION OF EUROPEAN MILITARY HELICOPTERS 50/50 JOINT VENTURE EURA WILL FOCUS ON DEVELOPMENT OF A NEW HEAVY HELICOPTER ENGINE TO POWER NEXT GENERATION OF EUROPEAN MILITARY HELICOPTE
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MTU Aero Engines And Safran Create Eura Joint Venture

BRIEF-MTU Aero Engines And Safran Create Eura Joint Venture June 26 (Reuters) - MTU AERO ENGINES AG MTXGn.DE : SAFRAN AND MTU AERO ENGINES CREATE EURA JOINT VENTURE TO POWER THE NEXT GENERATION OF EUROPEAN MILITARY HELICOPTERS SAFRAN HELICOPTER ENGINES AND MTU AERO ENGINES HAVE SIGNED A CO-OPERATION AGREEMENT TO ESTABLISH THE 50:50 JOINT VENTURE EU
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European shares fall as Airbus leads aerospace sell-off

UPDATE 2-European shares fall as Airbus leads aerospace sell-off For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Airbus tumbles on profit warning Industrials lead sell-off Novo Nordisk hits record high after Wegovy gets China approval STOXX 600 down 0.2% Updated at 1600 GMT By Jesus Calero, Shashwat Chauhan and Shristi Achar A June 25 (Reuters) - European shares declined on Tuesday as Airbus tumbled after a profit warning and sparked an
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European shares drop, aerospace stocks hammered

LIVE MARKETS-European shares drop, aerospace stocks hammered STOXX 600 down 0.3% Airbus drags sector lower Merck KGaA tumbles 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 EUROPEAN SHARES DROP, AEROSPACE STOCKS HAMMERED A drop in aerospace and defense stocks following a profit warning from Airbus is dragging the STOXX 600 lower on Tuesday.
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Airbus on track for worst day since 2022 after guidance cut

BUZZ-Airbus on track for worst day since 2022 after guidance cut Updates share move, adds milestones ** Shares in Airbus AIR.PA drop around 9% to December lows after the aerospace group cut its industrial and financial guidance and took a charge for its space activities * * If losses hold, the stock will see its worst day since March 2022, it is am
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Aerospace and defense stocks hammered by Airbus warning

Aerospace and defense stocks hammered by Airbus warning LONDON, June 25 (Reuters) - European aerospace and defense stocks tumbled on Tuesday after France's Airbus issued a profit warning that included a downgrade of its closely-watched forecast for deliveries. Shares in Airbus AIR.PA dropped 8.5% in early trade, dragging jet-engine manufacturers Rolls-Royce RR.L and MTU Aero Engines MTXGn.DE lower.
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ABB, Klepierre, Ryanair

EUROPE RESEARCH ROUNDUP-ABB, Klepierre, Ryanair June 20 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB, Klepierre and Ryanair, on Thursday. HIGHLIGHTS * ABB Ltd ABBN.S : Citigroup cuts to neutral from buy * ASM International NV ASMI.AS : Morgan Stanley raises to overweight from equal weight * Deutsche Lufthansa AG LHAG.DE : Stifel cuts to hold from buy * Klepierre LOIM.PA : HSBC raises to buy from hold * Ryanair RYA.I : UBS cu
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MTU Aero Engines And Vinatech Announce Cooperation To Push FFC Technology

BRIEF-MTU Aero Engines And Vinatech Announce Cooperation To Push FFC Technology June 7 (Reuters) - MTU AERO ENGINES AG MTXGn.DE : MTU AERO ENGINES AND VINATECH ANNOUNCE COOPERATION TO PUSH FFC TECHNOLOGY Further company coverage: [MTXGn.DE] (Gdansk Newsroom)
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Adidas, EFG International, Smith & Nephew

EUROPE RESEARCH ROUNDUP-Adidas, EFG International, Smith & Nephew May 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, EFG International, and Smith & Nephew, on Thursday. HIGHLIGHTS * Adidas AG ADSGn.DE : Barclays raises target price to EUR 243 from EUR 231 * EFG International AG EFGN.S : Citigroup raises to buy from neutral * Gsk GSK.L : JP Morgan raises target price to 1660p from 1530p * Kemira Oyj KEMIRA.HE : Berenberg
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MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes

MTU Aero Engines' Q1 profit rises on Eurofighter orders despite turbofan woes BERLIN, April 30 (Reuters) - German engine manufacturer MTU Aero Engines MTXGn.DE reported higher first-quarter earnings on Tuesday, boosted by orders from the joint European Eurofighter jet project while its turbofan engines recall campaign remained on track. Adjusted operating profit increased by 3% to 218 million euros ($233.09 million) and sales grew 8% to 1.67 billion euros in the first three months of the year ,
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MTU Aero Engines Confirms Full Year Guidance

BRIEF-MTU Aero Engines Confirms Full Year Guidance April 30 (Reuters) - MTU AERO ENGINES AG MTXGn.DE : CONFIRMING ITS GUIDANCE FOR THE FULL YEAR ADJUSTED REVENUE UP 8% IN THE FIRST QUARTER ADJUSTED EBIT AND ADJUSTED NET INCOME AT THE PRIOR-YEAR LEVEL GENERATED ADJUSTED REVENUE OF €1.67 BILLION IN THE FIRST QUARTER OF 2024, AN INCREASE OF 8% COMPARED WITH THE FIRST QUARTER OF 2023 ADJUSTED EBIT WAS €218 MILLION, COMPARED WITH €212 MILLION IN THE PRIOR-YEAR PERIOD IN THE FIRST QUARTER OF 202
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead April 26 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 29-Apr-2024 AMC QGEN.N Qiagen NV Q1 2024 Qiagen NV Earnings Release 30-Apr-2024 NTS VNAn.DE Vonovia SE Q1 2024 Vonovia SE Earnings Release 30-Apr-2024 NTS 1COV.DE Covestro AG Q1 2024 Covestro AG Earnings Release 30-Apr-2024 07:00 MTXGn.DE MTU Aero Engines AG Q1 2024 MTU Aero Engines AG Earnings Re
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MTU Aero Engines Places A EUR 300 Mln Promissory Note

BRIEF-MTU Aero Engines Places A EUR 300 Mln Promissory Note April 24 (Reuters) - MTU AERO ENGINES AG MTXGn.DE : PLACES A EUR 300 MILLION PROMISSORY NOTE PROMISSORY NOTE IS DIVIDED INTO TWO TRANCHES: €161 MILLION WITH A TENOR OF THREE YEARS AND €139 MILLION WITH A TENOR OF FIVE YEARS ORIGINAL ISSUE VOLUME WAS INCREASED FROM EUR 200 MILLION TO EUR 300 MILLION.
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BASF, Cadeler, Edenred

EUROPE RESEARCH ROUNDUP-BASF, Cadeler, Edenred April 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BASF, Cadeler and Edenred, on Wednesday. HIGHLIGHTS * BASF BASFn.DE : Deutsche Bank cuts to hold from buy * Cadeler A/S CADLR.OL : Jefferies raises target price to NOK 70 from NOK 65 * Edenred EDEN.PA : Jefferies initiates coverage with underperform rating; PT EUR 40 * Troax Group AB (Publ) TROAX.ST : Berenberg initiates coverage
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