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Tenaris


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Italian steel plant launches trial to use hydrogen to cut emissions

Italian steel plant launches trial to use hydrogen to cut emissions MILAN, July 3 (Reuters) - Italian gas grid operator Snam SRG.MI , steel pipe maker Tenaris TENR.MI and green technology firm Tenova are trialling the use of hydrogen fuel at a Tenaris steel plant in northern Italy in a bid to cut emissions, they said on Wednesday. According to a joint statement from the groups, the trial to use hydrogen fuel in a reheating furnace at the plant in Dalmine, near Bergamo, will last six months.
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Burberry, Hill & Smith, Legal & General

EUROPE RESEARCH ROUNDUP-Burberry, Hill & Smith, Legal & General June 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Hill & Smith and Legal & General, on Wednesday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 1,100p from 1,200p * Future Plc FUTR.L : Jefferies raises to buy from underperform * Hill & Smith HILS.L : Jefferies raises target price to 2,340p from 2,320p * Legal & General LGEN.L : HSBC cuts to ho
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Italy - Factors to watch on June 17

Italy - Factors to watch on June 17 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 At the Group of Seven summit that she hosted in southern Italy this week, right-wing Italian Prime Minister Giorgia Meloni showed she had some red lines dear to her nationalist camp that she was ready to fig
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Tenaris Says To Commence A USD 300 Mln Third Tranche Of Its USD 1.2 Bln Share Buyback Program

BRIEF-Tenaris Says To Commence A USD 300 Mln Third Tranche Of Its USD 1.2 Bln Share Buyback Program May 12 (Reuters) - Tenaris SA TENR.MI : TO COMMENCE A USD 300 MILLION THIRD TRANCHE OF ITS USD 1.2 BILLION SHARE BUYBACK PROGRAM THIS USD 300 MILLION THIRD TRANCHE OF PROGRAM SHALL START ON MAY 13, 2024, AND END NO LATER THAN AUGUST 12, 2024 Source t
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Shareholders Approve All Resolutions On The Agendas Of Tenaris’s Annual General Meeting And Extraordinary General Meeting Of Shareholders

BRIEF-Shareholders Approve All Resolutions On The Agendas Of Tenaris’s Annual General Meeting And Extraordinary General Meeting Of Shareholders May 1 (Reuters) - Tenaris SA TENR.MI : SHAREHOLDERS APPROVE ALL RESOLUTIONS ON THE AGENDAS OF TENARIS’S ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS Source text for Eikon: ID
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Italy - Factors to watch on April 30

Italy - Factors to watch on April 30 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 Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired power plants by 2035 at the latest, in a significant step towards the transition away from fossi
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Italy's Tenaris sees H2 profit margin drop on N. America slowdown, stoppages

UPDATE 1-Italy's Tenaris sees H2 profit margin drop on N. America slowdown, stoppages Adds EBITDA margin forecast, share move, quotes April 26 (Reuters) - Italian steel pipe maker Tenaris TENR.MI expects a drop in core profit margins to 20%-25% in the second half of the year, its chief executive Paolo Rocca told analysts on Friday, sending its shares tumbling more than 6%.
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Tenaris CEO sees H2 EBITDA margin of between 20% And 25%

BRIEF-Tenaris CEO sees H2 EBITDA margin of between 20% And 25% April 26 (Reuters) - Tenaris SA TENR.MI chief executive Paolo Rocca in a post-results call: TENARIS CEO: IN H2 WE SHOULD BE PREPARED FOR AN EBITDA MARGIN BETWEEN 20 AND 25% Source text for Eikon: [ID:] Further company coverage: TENR.MI
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Italy's Tenaris sees lower sales in next two quarters on N. America slowdown, stoppages

Italy's Tenaris sees lower sales in next two quarters on N. America slowdown, stoppages April 26 (Reuters) - Italian steel pipe maker Tenaris TENR.MI sees sales and margins dropping in the second quarter due to sluggish drilling in North America and a decline in the third quarter due to stoppages at many of its mills. The Luxembourg-based group on Thursday reported a better-than-expected 17% yearly fall in first-quarter sales to $3.44 billion, with core earnings (EBITDA) down 33% to $987 million
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Italy - Factors to watch on April 26

Italy - Factors to watch on April 26 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 . POLITICS Journalists at Italian state broadcaster RAI will strike next month in protest against the "suffocating control" over their work by Giorgia Meloni's right-wing government, the reporters' trade union Usigrai
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Tenaris SA reports results for the quarter ended in March - Earnings Summary

Tenaris SA reports results for the quarter ended in March - Earnings Summary Tenaris SA TS.N reported quarterly adjusted earnings of $1.28​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $1.91. The mean expectation of nine analysts for the quarter was for earnings of $1.04 per share.
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Tenaris Says For Q2, As Anticipated, Our Sales And Margins Will Be Lower Than Q1

BRIEF-Tenaris Says For Q2, As Anticipated, Our Sales And Margins Will Be Lower Than Q1 April 25 (Reuters) - Tenaris SA TENR.MI : FOR Q2, AS ANTICIPATED, OUR SALES AND MARGINS WILL BE LOWER THAN Q1 IN Q3, WE WILL HAVE STOPPAGES AT MANY OF OUR MILLS Source text for Eikon: ID:nGNEXs3PR Further company coverage: TENR.MI
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Italy - Factors to watch on April 25

Italy - Factors to watch on April 25 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 . COMPANIES Bourse After Hours market closed. (*) STELLANTIS STLAMI.MI The part of Turin's Mirafiori plant that produces car bodies will stop working the whole month of May, several Italian papers reported on Thursd
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Tenaris SA <TS.N> expected to post earnings of $1.04 a share - Earnings Preview

Tenaris SA expected to post earnings of $1.04 a share - Earnings Preview Tenaris SA TS.N , TS is expected to show a fall in quarterly revenue when it reports results on April 25 for the period ending March 31 2024 The Luxembourg Luxembourg-based company is expected to report a 18.5% decrease in revenue to $3.375 billion from $4.14 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.
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