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Carrefour

News

Reuters - 20 hours ago

Carrefour partners with GreenYellow to install solar panels at its French stores

Carrefour partners with GreenYellow to install solar panels at its French stores July 15 (Reuters) - Carrefour CARR.PA said on Monday it had entered into a partnership with French renewable energy company GreenYellow for the installation and operation of solar panels in the car parks of around 350 of its hypermarkets and supermarkets in France. Under the agreement, GreenYellow will finance the photovoltaic production equipment that are expected to generate about 450 GWh of electricity per year,
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Reuters - 23 hours ago

Carrefour Partners With Greenyellow To Produce Photovoltaic Power In France

BRIEF-Carrefour Partners With Greenyellow To Produce Photovoltaic Power In France July 15 (Reuters) - Carrefour SA CARR.PA : ENTERS PARTNERSHIP WITH GREENYELLOW TO PRODUCE PHOTOVOLTAIC POWER IN FRANCE PARTNERSHIP FOR THE INSTALLATION AND OPERATION OF PHOTOVOLTAIC POWER PRODUCTION EQUIPMENT ON AROUND 350 OF ITS HYPERMARKET AND SUPERMARKET CAR PARKS
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Reuters - 4 days ago

Hargreaves Lansdown, Spectris, Wizz Air

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Spectris, Wizz Air July 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Hargreaves Lansdown, Spectris and Wizz Air, on Friday. HIGHLIGHTS * Hargreaves Lansdown HRGV.L : JP Morgan raises target price to 684p from 671p * Spectris Plc SXS.L : Jefferies cuts target price to 4190p from 4435p * Spirax-Sarco SPX.L : Jefferies cuts target price to 9580p from 9690p * Weir Group WEIR.L : Jefferi
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Reuters - 1 week ago

Big Beer’s low-alcohol Plan B has too much froth

RPT-BREAKINGVIEWS-Big Beer’s low-alcohol Plan B has too much froth The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, July 9 (Reuters Breakingviews) - Big brewers are talking a good game on zero-alcohol beer. Carlsberg CARLb.CO , Heineken HEIN.AS , Anheuser-Busch InBev ABI.BR , Molson Coors TAP.N and Japan’s Asahi 2502.T are expanding into low and no alcohol products, targeting an increasingly health-conscious consumer and the Gen
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Reuters - 1 week ago

Big Beer’s low-alcohol Plan B has too much froth

BREAKINGVIEWS-Big Beer’s low-alcohol Plan B has too much froth The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, July 9 (Reuters Breakingviews) - Big brewers are talking a good game on zero-alcohol beer. Carlsberg CARLb.CO , Heineken HEIN.AS , Anheuser-Busch InBev ABI.BR , Molson Coors TAP.N and Japan’s Asahi 2502.T are expanding into low and no alcohol products, targeting an increasingly health-conscious consumer and the Gen Z ge
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Reuters - 2 weeks ago

French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 2 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. CARREFOUR CARR.PA Sees more upside from Cora and Match acquisition ELIS ELIS.PA Announced The Acquisition Of Wonway In Malaysia RENAULT RENA.PA EV unit Ampere to bet on LFP technology for EV batteries THALES TCFP.PA Increased Rocket Production In Belgium Pan-European market data: European Equities
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Reuters - 2 weeks ago

Carrefour sees more upside from Cora and Match acquisition

UPDATE 1-Carrefour sees more upside from Cora and Match acquisition Sees additional EBITDA contribution of 130 million euros annually by 2027 Integration costs expected at 250 million euros, up from 200 million euros initially Adds higher costs in paragraph 1, reason for upgrade in paragraph 2, quotes in paragraph 3, numbers on Ebitda and costs in paragraph 4, context in paragraph 5 By Nathan Vifflin July 1 (Reuters) - Europe's biggest food retailer Carrefour CARR.PA said on Monday it was expect
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Reuters - 2 weeks ago

Carrefour sees more upside from Cora and Match acquisition

Carrefour sees more upside from Cora and Match acquisition July 1 (Reuters) - Europe's biggest food retailer Carrefour CARR.PA said on Monday it was expecting greater financial benefits from the acquisition of the Cora and Match retailers than previously. Carrefour said it sees an additional contribution to earnings before interest, tax, depreciation and amortisation (EBITDA) of 130 million euros ($139.4 million) at an annualized rate by 2027, against 110 million euros originally.
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Reuters - 3 weeks ago

Air France-KLM, Shell, Watches of Switzerland

EUROPE RESEARCH ROUNDUP-Air France-KLM, Shell, Watches of Switzerland June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air France-KLM, Shell and Watches of Switzerland, on Friday. HIGHLIGHTS * Air France-KLM AIRF.PA : Barclays cuts to equal-weight from overweight * BP BP.L : Jefferies raises target price to 590p from 580p * Liontrust Asset Management Plc LIO.L : Peel Hunt cuts to hold from buy * Shell Plc SHEL.L : Jefferies
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Reuters - 3 weeks ago

UK supermarket Morrisons says work on pricing and loyalty paying off

UPDATE 2-UK supermarket Morrisons says work on pricing and loyalty paying off New CEO Rami Baitieh joined in November Q1 like-for-like sales, ex-fuel/ex-VAT, up 4.1% H1 underlying EBITDA, excluding fuel business, up 16% Net debt reduced to 4 billion pounds Adds detail paragraphs 4 to 6 and paragraphs 9 to 11 By James Davey LONDON, June 25 (Reuters) - British supermarket group Morrisons said on Tuesday its new CEO's strategy to improve price competitiveness and develop a loyalty programme was wor
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Reuters - 4 weeks ago

Carrefour hits 2020 lows on possible fine for franchise operations

BUZZ-Carrefour hits 2020 lows on possible fine for franchise operations Updates share move, adds CFRA comment, rating change ** Shares in Carrefour CARR.PA fall around 7% after a press report that France's finance ministry recommended a "record" fine for management of its franchise network ** France's finance ministry has asked a court to fine Carrefour ** CFRA Research cuts Carrefour to "hold" from "buy", saying the issue could take time to unwind and potentially disrupt the group's strategic i
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Reuters - 4 weeks ago

World shares push higher, Europe calmer

GLOBAL MARKETS -World shares push higher, Europe calmer Updates at 1125 GMT By Alun John and Rae Wee LONDON/SINGAPORE, June 18 (Reuters) - World shares rose on Tuesday as an uneasy calm held in Europe and traders awaited remarks from a bevy of U.S. Federal Reserve officials, while the Australian dollar held firm after its central bank kept rates steady while warning about inflation.
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Reuters - 4 weeks ago

Carrefour "vigorously contests" French ministry's decision to fine it

Carrefour "vigorously contests" French ministry's decision to fine it June 18 (Reuters) - Carrefour CARR.PA "vigorously contests" the French finance ministry's decision to fine it over allegedly unbalanced contracts the French supermarket chain made with some franchisee stores, it said on Tuesday. "The Group has full confidence in its ability to demonstrate the validity of its contracts and the balance of its relationships with its partners," it said in a statement.
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Reuters - 4 weeks ago

French finance ministry confirms it has asked a court to fine Carrefour

French finance ministry confirms it has asked a court to fine Carrefour PARIS, June 18 (Reuters) - The French finance ministry confirmed on Tuesday it has asked a court to fine retailer Carrefour CARR.PA after finding abusive treatment of its franchises. A media report referring to the recommended fine sent Carrefour shares down 7% in morning trading.
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Reuters - 4 weeks ago

Carrefour drops to lowest in over 3 years on media report of record fine

BUZZ-Carrefour drops to lowest in over 3 years on media report of record fine ** Shares in supermarket group Carrefour CARR.PA fall nearly 7% after a press report that the French finance ministry recommended a "record" fine for management of its franchise network ** La Lettre published a 160-page subpoena that charged Carrefour, recommending a fine of 200 million euros ($214.60 million) ** Bernstein says the move is "over-done as it assumes 20% of French profit is wiped out permanently" ** "We t
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Reuters - 4 weeks ago

French watchdog asks court to fine Carrefour over franchise operations

UPDATE 3-French watchdog asks court to fine Carrefour over franchise operations Adds ministry comments in paragraphs 2-3, Carrefour reaction in paragraphs 4-5, detail in paragraph 14, updates share move in paragraph 1 & 7 LONDON/PARIS, June 18 (Reuters) - France's finance ministry has asked a court to fine retailer Carrefour CARR.PA over contracts with franchisee stores that it says were unbalanced in its favour, it said on Tuesday, a move the group denounced.
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Reuters - 4 weeks ago

World shares push higher, Europe calmer

GLOBAL MARKETS-World shares push higher, Europe calmer Updates at 0840 GMT By Alun John and Rae Wee LONDON/SINGAPORE, June 18 (Reuters) - World shares ticked higher on Tuesday as an uneasy calm held in Europe a nd traders awaited remarks from a bevy of U.S. Federal Reserve officials, while the Australian dollar firmed after its central bank kept rates steady while warning about inflation.
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Reuters - 4 weeks ago

European shares advance as French political concerns subside

UPDATE 2-European shares advance as French political concerns subside For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Novonesis jumps after FY outlook raise Carrefour slides on possible fine for franchise operations STOXX 600 up 0.7%, utilities lead gains Updated at 1600 GMT By Shashwat Chauhan, Jesus Calero and Shristi Achar A June 18 (Reuters) - European shares closed higher on Tuesday, supported by a slip in government bond yields as
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Reuters - 4 weeks ago

Cautious equity rebound continues

LIVE MARKETS-Cautious equity rebound continues STOXX 600 up 0.3% France shares eke out gains Carrefour tumbles 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 CAUTIOUS EQUITY REBOUND CONTINUES European equity markets are rising for a second day on Tuesday after tumbling the week before on French election risk.
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Reuters - 4 weeks ago

Carrefour shares hit lowest since November 2020 after reports of record fine

Carrefour shares hit lowest since November 2020 after reports of record fine LONDON, June 18 (Reuters) - Shares in French supermarket group Carrefour CARR.PA dropped by as much as 9.6% on Tuesday after reports in French media said the finance ministry was recommending a "record fine" against the company for management of its franchise network. Le Lettre published a 160-page subpoena that charged Carrefour, recommending a fine of 200 million euros ($214.64 million).
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