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Admiral Group, IAG, Keller Group

EUROPE RESEARCH ROUNDUP- Admiral Group, IAG, Keller Group Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral Group, IAG and Keller Group, on Wednesday. HIGHLIGHTS * Admiral Group Plc ADML.L : HSBC raises target price to 2700p from 2625p * IAG ICAG.L : Citigroup raises target price to 245p from 225p * Keller Group Plc KLR.L : Deutsche Bank raises target price to 1800p from 1550p * OCI NV OCI.AS : JP Morgan raises to overw
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Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers

UPDATE 1-Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers Adds traveler quote in paragraph 4 and data from KAYAK in 5 By Doyinsola Oladipo NEW YORK, July 30 (Reuters) - With the Olympics underway in Paris, hotel operators made a final push to lure last-minute travelers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games.
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Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers

REFILE-Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers Corrects dateline to July 30 By Doyinsola Oladipo NEW YORK, July 30 (Reuters) - With the Olympics underway in Paris, hotel operators made a final push to lure last-minute travelers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games.
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Euronext, Pearson, Saint-Gobain

EUROPE RESEARCH ROUNDUP- Euronext, Pearson, Saint-Gobain July 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Euronext, Pearson and Saint-Gobain on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : HSBC cuts target price to EUR 1600 from EUR 1900 * Deutsche Boerse AG DB1Gn.DE : JP Morgan raises target price to EUR 198 from EUR 194 * Euronext NV ENX.PA : JP Morgan cuts target price to EUR 107 from EUR 108 * Pearson PSON.L : JP Morgan cut
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Blaze in Canadian tourist town still out of control but rain helping firefighters

UPDATE 3-Blaze in Canadian tourist town still out of control but rain helping firefighters Adds comments from mayor in paragraph 7, business owner in 9 and 10, details on tourism impact in 11 By David Ljunggren and Anna Mehler Paperny July 26 (Reuters) - A massive wildfire that destroyed about a third of the western Canadian tourist town of Jasper is still out of control but rain and cooler conditions are helping firefighters, authorities said on Friday.
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Rain may help firefighters battling blaze in Canadian tourist town

Rain may help firefighters battling blaze in Canadian tourist town By David Ljunggren OTTAWA, July 26 (Reuters) - Steady rain is likely to help firefighters working to contain a massive wildfire that has devastated parts of the western Canadian tourist town of Jasper, authorities said on Friday. Jasper is in the middle of mountainous Jasper National Park in the province of Alberta.
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Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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Devastating wildfire burns down part of western Canadian tourist town

UPDATE 4-Devastating wildfire burns down part of western Canadian tourist town Adds Trudeau convening an emergency meeting in paragraphs 17-18 By David Ljunggren and Nia Williams July 25 (Reuters) - A raging wildfire has devastated the western Canadian tourist town of Jasper, potentially destroying up to 50% of structures, and firefighters were trying Thursday to save as many buildings as possible, authorities said.
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Accor says positive travel trends to drive 4-5% room revenue growth in 2024

UPDATE 2-Accor says positive travel trends to drive 4-5% room revenue growth in 2024 Sees 4-5% growth in 2024 RevPAR Expects FY core profit to grow 9-12% H1 EBITDA up 13% y/y to 504 mln euros Adds CFO quotes in paragraphs 5-6,9, sector trends in paragraphs 2,8 By Mateusz Rabiega and Charlotte Eugenie Yvette Bawol July 25 (Reuters) - Europe's biggest hotel group Accor ACCP.PA said on Thursday it expects its revenue per available room (RevPAR) to grow faster than its medium-term target this year,
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Accor Eyes 2024 RevPAR Growth Of Between 4% And 5%

BRIEF-Accor Eyes 2024 RevPAR Growth Of Between 4% And 5% July 25 (Reuters) - Accor SA ACCP.PA : H1 REVPAR +6% VERSUS +6.1% IN COMPANY CONSENSUS H1 EBITDA UP 13% TO EUR 504 MILLION VERSUS EUR 492 MILLION IN COMPANY CONSENSUS H1 REVENUE UP 11% TO EUR 2.68 BILLION OUTLOOK FY 2024: EBITDA OF BETWEEN EUR 1,095 MILLION AND EUR 1,125 MILLION OUTLOOK FY 20
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Accor sees annual RevPAR growth of 4-5%, above mid-term target

Accor sees annual RevPAR growth of 4-5%, above mid-term target July 25 (Reuters) - Europe's biggest hotel group Accor ACCP.PA forecast annual revenue per available room (RevPAR) growth ahead of its mid-term target on Thursday, after it posted a 13% rise in core profit for the first half of the year. The operator of brands such as Ibis and Novotel expects its RevPAR, a key industry gauge of performance for the hotel industry, to grow by 4-5% this year, compared with its medium term target for ann
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Kylian Mbappe teams up with Accor for youth accommodation support

Kylian Mbappe teams up with Accor for youth accommodation support July 22 (Reuters) - French soccer star Kylian Mbappe and Europe's biggest hotel group Accor have entered into a partnership to offer accommodation support for young people, they said on Monday. The collaboration will provide accommodation and logistical assistance for the youths supported by Mbappe's charity "Inspired by KM" via Accor's distribution platform All.com.
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France corporate earnings week ahead

DIARY-France corporate earnings week ahead July 19 (Reuters) - Diary of France (.FCHI) corporate earnings for the week ahead FRANCE EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 23-Jul-2024 AMC LVMH.PA LVMH Moet Hennessy Louis Vuitton SE Half Year 2024 LVMH Moet Hennessy Louis Vuitton SE Earnings Release 23-Jul-2024 BMO EDEN.PA Edenred SE Half Year 2024 Edenred SE Earnings Release 23-Jul-2024 05:00 TCFP.PA Thales SA Half Year 2024 Thales SA Earnings Release 24-Jul-2024 AMC CAR
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Diageo, Publicis, Wolters Kluwer NV

EUROPE RESEARCH ROUNDUP-Diageo, Publicis, Wolters Kluwer NV July 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Diageo, Publicis and Wolters Kluwer NV, on Thursday. HIGHLIGHTS * Diageo DGE.L : HSBC cuts target price to 3,300p from 3,500p * Mfe-Mediaforeurope NV MFEB.MI : JP Morgan raises to overweight from neutral * Prosiebensat 1 Media SE PSMGn.DE : JP Morgan raises to overweight from neutral * Publicis PUBP.PA : JP Morgan cuts
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Adyen, AstraZeneca, Auto Trader

EUROPE RESEARCH ROUNDUP-Adyen, AstraZeneca, Auto Trader July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen, AstraZeneca and Auto Trader, on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 1,695 from EUR 1,821 * AstraZeneca AZN.L : Jefferies raises target price to 11,700p from 11,300p * Auto Trader AUTOA.L : Jefferies raises target price to 935p from 830p * Halma HLMA.L : HSBC raises target pri
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Covivio and AccorInvest sign preliminary agreement on asset-swap deal

UPDATE 1-Covivio and AccorInvest sign preliminary agreement on asset-swap deal Adds valuations and timeline June 21 (Reuters) - Real estate company Covivio CVO.PA has signed a preliminary agreement finalising terms on a proposed asset-swap deal with AccorInvest, it said on Friday. The deal will involve the transfer of 24 hotel operating companies worth 266 million euros ($283.9 million) to Covivio's hotels subsidiary while 10 property companies worth 208 million euros will move in the opposite d
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Covivio and AccorInvest sign MoU to combine their hotel properties

Covivio and AccorInvest sign MoU to combine their hotel properties June 21 (Reuters) - Real estate owner Covivio CVO.PA said on Friday it had signed a memorandum of understanding with its peer AccorInvest ACCP.PA looking to combine their hotel property and operating companies. The deal is expected to close in the final quarter of 2024, Covivio said in a statement.
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Covivio And AccorInvest Sign MoU To Consolidate Hotel Property And Operating Companies

BRIEF-Covivio And AccorInvest Sign MoU To Consolidate Hotel Property And Operating Companies June 21 (Reuters) - Covivio SA CVO.PA : COVIVIO AND ACCORINVEST SIGN A MEMORANDUM OF UNDERSTANDING WITH A VIEW TO CONSOLIDATING THEIR HOTEL PROPERTY AND OPERATING COMPANIES TRANSACTION IS EXPECTED TO CLOSE IN FINAL QUARTER OF 2024 THE AGREED VALUE OF THE PR
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Top of the Street: Accor, Umicore, GEA, Rockwool

BUZZ-Top of the Street: Accor, Umicore, GEA, Rockwool A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays raises French hotel group Accor ACCP.PA to "overweight" from "equal weight", saying the stock's underperformance vs peers over the past year is "unjustified" ** J.P.Morgan double-upgrades Belgian materials technology and recycling group Umicore UMI.BR to "overweight" from "underweight", saying challenges for the battery materials business are un
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European shares lose ground on real estate, tech losses

UPDATE 2-European shares lose ground on real estate, tech losses For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window France's Accor gains on Barclays upgrade Belgium's Umicore jumps on JPM upgrade STOXX 600 slips as real estate, technology stocks weigh Updated at 1600 GMT By Shashwat Chauhan, Jesus Calero and Shristi Achar A June 19 (Reuters) - European shares ended lower on Wednesday, pressured by losses in real estate and technology stocks
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