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Jefferies, JP Morgan cut price target on Aussie Broadband on outlook update

BUZZ-Jefferies, JP Morgan cut price target on Aussie Broadband on outlook update ** Analysts at JP Morgan cut price target on Aussie Broadband ABB.AX to A$3.30 from A$3.35 on lower EBITDA forecast for FY25 ** Brokerage Jefferies trims PT to A$3.10 from A$3.75 ** The telecommunications co changes outlook for FY25 after launching Buddy Telco, its new
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ABB India drops after UBS downgrades to 'neutral'

BUZZ-ABB India drops after UBS downgrades to 'neutral' ** Shares of engineering services company ABB India Ltd ABB.NS down 2.8% at 8,218 rupees ** ABB shares down for third straight session where they have shed 4.4%; day's fall biggest across last three sessions ** UBS downgrades stock to "neutral" from "buy" saying current price already factors ro
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead July 12 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 15-Jul-2024 NTS ORK.OL Orkla ASA Q2 2024 Orkla ASA Earnings Release 17-Jul-2024 05:00 NEL.OL Nel ASA Q2 2024 Nel ASA Earnings Release 18-Jul-2024 NTS TEL.OL Telenor ASA Q2 2024 Telenor ASA Earnings Release 18-Jul-2024 NTS PGS.OL^G24 5088687729 PGS ASA Tgs Newco AS Q2 2024
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Glencore, Rio Tinto, Michelin

EUROPE RESEARCH ROUNDUP-Glencore, Rio Tinto, Michelin July 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Glencore, Rio Tinto and Michelin, on Monday. HIGHLIGHTS * Arkema SA AKE.PA : JP Morgan raises to neutral from underweight * Glencore GLEN.L : Jefferies raises target price to 600p from 550p * Michelin MICP.PA : HSBC raises to buy from hold * Pirelli & C SpA PIRC.MI : HSBC raises to buy from hold * Rio Tinto RIO.L : Jefferies
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Swiss stocks - Factors to watch on July 8

Swiss stocks - Factors to watch on July 8 July 8 - Here are some of the main factors that may affect Swiss stocks on Monday: ABB ABBN.S NASCAR unveiled an all-electric prototype racecar on Saturday and announced an electrification deal with ABB that it says will advance sustainability goals as the U.S. stock car racing giant targets net zero operating emissions by 2035 ANALYSTS' VIEWS ABB LTD ABBN.S - JP MORGAN RAISES TARGET PRICE TO CHF 45 FROM CHF 38 ECONOMY SNB sight deposits due at 0800 GMT.
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Motor racing-NASCAR eyes carbon cut with electrification deal, EV prototype

Motor racing-NASCAR eyes carbon cut with electrification deal, EV prototype By Karl Plume CHICAGO, July 6 (Reuters) - NASCAR unveiled an all-electric prototype racecar on Saturday and announced an electrification deal with ABB Ltd ABBN.S that it says will advance sustainability goals as the U.S. stock car racing giant targets net zero operating emissions by 2035. There are no plans for an EV racing series, however, as the car was built as a demonstration vehicle to explore new technologies, said
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Smith & Nephew shares soar as activist Cevian discloses stake

Smith & Nephew shares soar as activist Cevian discloses stake July 4 (Reuters) - Shares in Smith & Nephew SN.L rose nearly 7% on Thursday after activist investor Cevian Capital disclosed a 5% stake in the British medical equipment maker, a filing showed. Smith & Nephew, which makes orthopaedic implants and prosthetics, wound dressings, and other surgical materials, has lost more than 50% of its stock value since February 2020, just before the pandemic lockdowns.
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India's KEC International hits record high on orders worth 10.17 bln rupees

BUZZ-India's KEC International hits record high on orders worth 10.17 bln rupees ** Shares of KEC International KECL.NS rise 6.5% to a record high of 956 rupees ** Engineering, procurement and construction co said on Tuesday it secured orders worth 10.17 bln rupees($121.8 mln), its largest solar orders in India ** Orders are for construction and su
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India's Larsen & Toubro up on report of orders worth $4 bln from Saudi Aramco

BUZZ-India's Larsen & Toubro up on report of orders worth $4 bln from Saudi Aramco ** Larsen & Toubro (L&T) LART.NS rises as much as 3.1%; last up 2% to 3,596.25 rupees, snapping three straight sessions of losses ** The infrastructure major's unit got orders worth about $4 bln from Saudi Arabia's state oil company Aramco 2222.SE , per MEED report *
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French vote, China trade row cast cloud over European earnings

ANALYSIS-French vote, China trade row cast cloud over European earnings By Louis van Boxel-Woolf and Samuel Indyk LONDON, July 1 (Reuters) - French political uncertainty and an EU trade spat with China are casting a shadow over European corporate earnings, investors say, despite forecasts that companies are set to deliver better results. Second-quarter earnings for companies in the pan-European STOXX 600 .STOXX are seen rising 2% and revenues increasing by 1.7%, LSEG I/B/E/S data shows, in what
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Admiral, Cucinelli, URW

EUROPE RESEARCH ROUNDUP-Admiral, Cucinelli, URW June 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Cucinelli and URW, on Thursday. HIGHLIGHTS * Admiral ADML.L : BofA Global Research raises to buy from neutral * Adriatic Metals Plc ADT1.L : Berenberg raises to buy from hold * Anglo American AAL.L : Berenberg cuts to sell from hold * Cucinelli BCU.MI : Stifel raises to buy from hold * URW URW.PA : JP Morgan raises to ne
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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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ABB Investing $35 Mln In New UK Earthing And Lightning Protection Factory

BRIEF-ABB Investing $35 Mln In New UK Earthing And Lightning Protection Factory June 25 (Reuters) - Abb Ltd ABBN.S : ABB (NOT ALLIANCEBERNSTEIN HOLDING LP) - GREENFIELD MANUFACTURING AND RESEARCH AND DEVELOPMENT FACILITY IN NOTTINGHAM, UK, TO OPEN IN EARLY 2025 ABB (NOT ALLIANCEBERNSTEIN HOLDING LP) - INVESTING $35 MILLION IN NEW UK EARTHING AND LI
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Hitachi Energy India rises on order from Australian unit

BUZZ-Hitachi Energy India rises on order from Australian unit ** Shares of Hitachi Energy India HITN.NS up 3.7% at 12,029 rupees, after rising as much as 5.3% earlier in the session ** Co receives work order worth 7.9 billion rupees ($94.7 million) from subsidiary Hitachi Energy Australia ** Stock set to rise for the third straight session, if gain
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European shares slip on tech, banks drag; clocks weekly gains

UPDATE 2-European shares slip on tech, banks drag; clocks weekly gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Carlsberg slides after Britvic rejects takeover bid Switzerland's ABB down on DB downgrade STOXX 600 down 0.7%, but logs weekly gains Updated at 1600 GMT By Shashwat Chauhan, Jesus Calero and Shristi Achar A June 21 (Reuters) - European shares closed lower on Friday, pressured by falls in technology and bank stocks, whil
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Huhtamaki, Ryanair and Wizz Air

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw
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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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Chile's Codelco meets with BMW and ABB in Europe visit

Chile's Codelco meets with BMW and ABB in Europe visit SANTIAGO, June 18 (Reuters) - The world's top copper producer, Chile-based Codelco, met with German carmaker BMW BMWG.DE and Swiss engineering group ABB ABBN.S during a visit with Chilean officials to Europe, Codelco Chairman Maximo Pacheco said on Tuesday. State-run Codelco is seeking a partner for a major new lithium project in the Maricunga salt flat, part of the Chilean government's push to boost its role in production of the battery met
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Data centre power demand to boost European capital goods firms, Jefferies says

BUZZ-Data centre power demand to boost European capital goods firms, Jefferies says ** AI-driven growth in the data centre market is set to fuel electricity demand, which will boost capital goods companies in Europe, Jefferies says ** Growing needs from data centres will increase energy consumption and require expansion and upgrades to the power grid, it says ** It expects data centre electricity consumption to reach 17% CAGR in the U.S.
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Givaudan, National Grid, Schneider Electric

EUROPE RESEARCH ROUNDUP-Givaudan, National Grid, Schneider Electric June 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Givaudan, National Grid and Schneider Electric, on Tuesday. HIGHLIGHTS * Crest Nicholson Holdings Plc CRST.L : RBC raises target price to 250p from 175p * Givaudan SA GIVN.S : JP Morgan raises target price to CHF 4,200 from CHF 3,800 * National Grid NG.L : Barclays cuts target price to 1120p from 1365p * Schne
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