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Prysmian

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El.En. Signs Framework Deal With YOFC To Sell Majority Stake In Laser Cutting Division For EUR 55.3 Mln

BRIEF-El.En. Signs Framework Deal With YOFC To Sell Majority Stake In Laser Cutting Division For EUR 55.3 Mln Nov 8 (Reuters) - El En SpA ELEN.MI : SIGNS FRAMEWORK DEAL WITH YANGTZE OPTICAL FIBRE AND CABLE JOINT STOCK TO SELL MAJORITY STAKE IN LASER CUTTING DIVISION FOR EUR 55.3 MILLION TO RETAIN 19.3% STAKE IN PENTA LASER ZHEJIANG, 30% IN CUTLITE
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Italy - Factors to watch on November 6

Italy - Factors to watch on November 6 The following factors could affect Italian markets on Wednesday. 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 October services PMI HCOB data (0845 GMT). COMPANIES (*) UNICREDIT CRDI.MI The Italian bank raised its profit outlook on Wednesday and said it would start paying out half of its net income to investors
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France's RTE signs billion euro cable supply agreement with European manufacturers

France's RTE signs billion euro cable supply agreement with European manufacturers Nov 5 (Reuters) - France's electricity transmission system operator RTE on Tuesday announced a billion euro ($1.09 billion) contract with European suppliers, including fibre-optic cables maker Nexans NEXS.PA , to support its projects through 2028. RTE also announced the signature of supply agreements with Greece's Hellenic Cables HCAr.AT , Italy's Prysmian [RIC:RIC:PRYSC.UL] as well as Copenhagen-listed NKT NKT.CO
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RTE Contracts With Five Suppliers For Underground Power Cables Supplies Until 2028

BRIEF-RTE Contracts With Five Suppliers For Underground Power Cables Supplies Until 2028 Nov 5 (Reuters) - Nexans SA NEXS.PA : RTE HAS CONTRACTED WITH FIVE SUPPLIERS – PRYSMIAN, NEXANS, NKT-SOLIDAL AND HELLENIC CABLES - TO SECURE UNDERGROUND POWER CABLES SUPPLIES FOR ITS PROJECTS UNTIL 2028 CONTRACT WORTH A TOTAL OF ALMOST ONE BILLION EUROS CONTR
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MS cuts Prysmian to 'equal-weight', cites slowing power grids, electrification

BUZZ-MS cuts Prysmian to 'equal-weight', cites slowing power grids, electrification ** Morgan Stanley cuts Italy's Prysmian PRY.MI to "equal-weight" from "overweight" saying the cable maker is "as good as it gets" and expecting profit growth to slow after two years of expansion in power grids and electrification ** "We now see as many ways Prysmian can surprise negatively as it can positively in 2025-26," MS says ** It cuts its PT on the stock by 6% to 66 euros ($71.84) on lower expectations for
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