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Italy - Factors to watch on August 13

Italy - Factors to watch on August 13 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 Italy's Foreign Minister Antonio Tajani said in a joint statement with the Swiss foreign ministry on Monday that the two countries shared deep concern over Russia's aggression in Ukraine, but that Moscow
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Italy's Prysmian gets more than $96 mln in trade secrets dispute against Sterlite

REFILE-Italy's Prysmian gets more than $96 mln in trade secrets dispute against Sterlite Fixes typo in Sterlite in paragraph 1 Aug 12 (Reuters) - Italian cablemaker Prysmian PRY.MI on Monday received about $96 million in its trade secrets case against India's Sterlite Technologies STTE.NS . Prysmian filed the lawsuit in 2021 claiming that a former executive Stephen Szymanski misused trade secrets and took them to his new employer Sterlite, a networking technology provider.
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Prysmian Says Co Awarded More Than $96 Million By Jury In Trade Secrets Lawsuit Against Sterlite- Statement

BRIEF-Prysmian Says Co Awarded More Than $96 Million By Jury In Trade Secrets Lawsuit Against Sterlite- Statement Aug 12 (Reuters) - Prysmian SpA PRY.MI : PRYSMIAN AWARDED MORE THAN $96 MILLION BY JURY IN TRADE SECRETS LAWSUIT AGAINST STERLITE- STATEMENT Source Further company coverage: PRY.MI
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FMR held 4.779% stake in Prysmian as of Aug 6, regulatory filing shows

BRIEF-FMR held 4.779% stake in Prysmian as of Aug 6, regulatory filing shows Aug 12 (Reuters) - Italy's market watchdog Consob says in a regulatory filing: FMR HELD 4.779% STAKE IN PRYSMIAN AS OF AUG 6 Further company coverage: PRY.MI (Gdansk Newsroom)
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Barclays, Ibstock, London Stock Exchange

EUROPE RESEARCH ROUNDUP-Barclays, Ibstock, London Stock Exchange Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Ibstock and London Stock Exchange, on Thursday. HIGHLIGHTS * Barclays BARC.L : HSBC raises target price to 310p from 290p * Ibstock IBST.L : Berenberg raises target price to 200p from 150p * London Stock Exchange LSEG.L : HSBC raises target price to 9,400p from 8,800p * Persimmon PSN.L : JP Morgan raises
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Italy's Prysmian secures 600 mln euro contract for power interconnector in Australia

Italy's Prysmian secures 600 mln euro contract for power interconnector in Australia MILAN, Aug 2 (Reuters) - Italy's Prysmian PRY.MI said on Friday a contract it secured in Australia for a new high voltage power interconnector was worth around 600 million euros ($650 million). The contract with Marinus Link Pty, which is developing the interconnector between the state of Victoria and the island of Tasmania, finalises a preliminary agreement the two companies announced in 2023. WHY IT'S IMPORTAN
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Italy - Factors to watch on August 2

Italy - Factors to watch on August 2 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 . ECONOMY Italy posted a state sector budget surplus of 2.4 billion euros ($2.59 billion) in July compared to a surplus of 15.83 billion euros in the same month last year, Treasury data showed on Thursday.
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Italy's Prysmian falls as H1 EBITDA margin misses estimates

BUZZ-Italy's Prysmian falls as H1 EBITDA margin misses estimates ** Shares in Prysmian PRY.MI fall as much as 4.4% after the Italian cable maker posted H1 adjusted EBITDA margin of 11.1%, slightly below analyst expectations of 11.2% ** Jefferies says the company's electrification segment came slightly below expectations with an EBITDA margin of 9.5
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Prysmian CEO: two thirds of FY EBITDA forecast improvement due to Encore acquisition

BRIEF-Prysmian CEO: two thirds of FY EBITDA forecast improvement due to Encore acquisition Aug 1 (Reuters) - Prysmian Chief Executive Officer Massimo Battaini says in a post-earnings press conference: FY EBITDA GUIDANCE IMPROVEMENT COMES FROM ENCORE ACQUISITION FOR 200 MILLION EUROS AND FROM PRYSMIAN FOR 100 MILLION EUROS Further company coverage:
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Italy - Factors to watch on August 1

Italy - Factors to watch on August 1 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 . ECONOMY July PMI manufacturing HCOB data (0745 GMT). ISTAT releases June unemployment rate date (0800 GMT).
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Prysmian shares ease from recent high as H1 results show 'some weakness'

UPDATE 3-Prysmian shares ease from recent high as H1 results show 'some weakness' H1 adj core earnings down 1% in to 869 mln euros Sees full-year adj EBITDA of 1.90-1.95 bln euros Co completed Encore acquisition in July H1 EBITDA margins broadly stable at 11.1% Shares down 3.4%, up more than 50% this year Releads after analyst call, adds context MILAN, Aug 1 (Reuters) - Prysmian PRY.MI has seen "some weakness" in its first-half performance, the world's No.1 cable maker said on Thursday, as margi
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Italy's Prysmian raises FY forecasts on better outlook, Encore acquisition

Italy's Prysmian raises FY forecasts on better outlook, Encore acquisition MILAN, Aug 1 (Reuters) - Prysmian PRY.MI on Thursday raised its forecasts for this year's results on optimism for business performance as well as to account for) its $4.2 billion euro acquisition of U.S. firm Encore Wire, which considerably increased the group's size. The world's largest cable maker said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would grow this year to between 1.90
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Prysmian H1 Adjusted EBITDA EUR 869 Mln

BRIEF-Prysmian H1 Adjusted EBITDA EUR 869 Mln Aug 1 (Reuters) - Prysmian SpA PRY.MI : UPGRADES 2024 OUTLOOK H1 ADJUSTED. EBITDA EUR 869 MILLION VERSUS EUR 864 MILLION IN COMPANY-PROVIDED CONSENSUS H1 SALES EUR 7.82 BILLION VERSUS EUR 7.73 BILLION IN COMPANY-PROVIDED CONSENSUS H1 NET PROFIT EUR 402 MILLION NET FINANCIAL DEBT AT JUNE-END EUR 1.32 BIL
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Italy - Factors to watch on August 1

Italy - Factors to watch on August 1 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 . ECONOMY July PMI manufacturing HCOB data (0745 GMT). ISTAT releases June unemployment rate date (0800 GMT).
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Italy's Prysmian picked for contract in Spain worth over 500 mln euros

Italy's Prysmian picked for contract in Spain worth over 500 mln euros MILAN, July 31 (Reuters) - Italy's Prysmian PRY.MI said on Wednesday that Spanish power grid operator Red Electrica had picked it for an energy transmission project, which will be worth over 500 million euros ($541 million), to connect the island of Mallorca with the mainland. Under the contract, Prysmian will design, install, test and commission two high-voltage cables, as well as fibre-optic cable for telecom and monitoring
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Prysmian Says Received Letter Of Award For Peninsula From Red Eléctrica; Project Value Will Exceed Eur 0.5 Bln

BRIEF-Prysmian Says Received Letter Of Award For Peninsula From Red Eléctrica; Project Value Will Exceed Eur 0.5 Bln July 31 (Reuters) - Prysmian SpA PRY.MI : PRYSMIAN - PRYSMIAN S.P.A.: LETTER OF AWARD FOR PENINSULA - BALEARES 2 INTERCONNECTION IN SPAIN PRY.MI ITALY'S PRYSMIAN : VALUE OF PROJECT WILL EXCEED EUR 0.5 BILLION. Source text for Eikon:
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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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EIB Provides EUR 450 Million To Prysmian To Promote Energy Transition

BRIEF-EIB Provides EUR 450 Million To Prysmian To Promote Energy Transition July 24 (Reuters) - Prysmian SpA PRY.MI : EIB PROVIDES EUR 450 MILLION TO PRYSMIAN TO PROMOTE EUROPEAN ENERGY TRANSITION NEW WORKS TO BE REALIZED IN FINLAND, FRANCE AND ITALY NEW FUNDS TO GO TOWARDS MANUFACTURING EXTRA-HIGH-VOLTAGE SUBMARINE POWER CABLES, HIGH-VOLTAGE ONSHO
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Genus, Nexans, Scor

EUROPE RESEARCH ROUNDUP-Genus, Nexans, Scor July 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Genus, Nexans and Scor, on Thursday. HIGHLIGHTS * Genus GNS.L : HSBC raises target price to 2600p from 2500p * Munters Group AB MTRS.ST : Jefferies raises target price to SEK 260 from SEK 255 * Nexans NEXS.PA : Berenberg raises target price to EUR 124 from EUR 112 * Scor SCOR.PA : Berenberg cuts to hold from buy; cuts target price to
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Top of the Street: Adidas, Scor, Prysmian

BUZZ-Top of the Street: Adidas, Scor, Prysmian A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Telsey Advisory Group upgrades Adidas ADSGn.DE to "outperform" from "market perform", saying Q2 results showed "better-than-anticipated underlying brand strength" and strong demand for its footwear ** Morgan Stanley cuts Scor SCOR.PA to "equal-weight" from "overweight" after what it calls a "disappointing" profit warning from the French reinsurer INITIATIONS AN
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