BUZZ-China stats, lower iron ore prices weigh on European steelmakers ** Shares in European steelmakers fall on Tuesday dragged by "weak Chinese stats and lower iron ore prices," analysts say ** Iron ore futures retreated on Tuesday as investors and traders grew wary of prospects of forceful stimulus from top consumer China from its third plenum fo

EUROPE RESEARCH ROUNDUP-Britvic, Burberry, Prudential July 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Burberry, and Prudential, on Tuesday. HIGHLIGHTS * Auction Technology Group ATG.L : RBC initiates coverage with sector perform rating; PT 540p * Britvic BVIC.L : HSBC raises target price to 1290p from 1100p * Burberry BRBY.L : JP Morgan cuts target price to 800p from 1050p * Prudential PRU.L : JP Morgan cuts target

BUZZ-Jefferies cautious on steel firms' Q2, sees demand pick-up in 2025 ** Jefferies remains cautious into European steel sector's Q2 reporting season and says demand recovery might be pushed to 2025 ** It says steel prices are close to the bottom, and expects infrastructure related demand to pick up in late H2 2024 or in 2025, after the U.S. presidential election ** Thus it expects outlook commentary into Q3 to be cautious ** Jefferies' top picks are still ArcelorMittal MT.LU in Europe, and Cle

EUROPE RESEARCH ROUNDUP-Danske Bank, Entain, Halma July 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Entain and Halma, on Wednesday. HIGHLIGHTS * Danske Bank DANSKE.CO : Berenberg initiates coverage with hold rating; PT DKK 215 * Entain ENT.L : JP Morgan cuts target price to 900p from 910p * Halma HLMA.L : JP Morgan raises target price to 2,350p from 2,000p * Novonesis NSISb.CO : JP Morgan raises target price to

Deals of the day-Mergers and acquisitions Adds Liberty Global, Crest Nicholson, NCR Voyix and Baxter International July 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 000 GMT on Friday: * * Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International's BAX.N kidney care spinoff Vantive for more than $4 billion, including debt, a person familiar with the matter told Reuters.

Deals of the day-Mergers and acquisitions Adds: Thyssenkrupp, Dompe Farmaceutici, Crest Nicholson Updates: BBVA July 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Thyssenkrupp TKGA.DE , Salzgitter SZGG.DE and France's Vallourec VLLP.PA are reviewing a sale of their steel joint venture HKM after they were approached by a potential buyer, Germany's largest steelmaker said.

UPDATE 2-Thyssenkrupp says steel joint venture sale under review after suitor emerged Adds details on potential suitor in paragraph 5, context in paragraph 6 FRANKFURT/DUESSELDORF, July 5 (Reuters) - Thyssenkrupp TKGA.DE , Salzgitter SZGG.DE and France's Vallourec VLLP.PA are reviewing a sale of their steel joint venture HKM after they were approached by a potential buyer, Germany's largest steelmaker said on Friday.

Thyssenkrupp: looking into sale of steel JV HKM after receiving interest FRANKFURT, July 5 (Reuters) - Thyssenkrupp TKGA.DE , Salzgitter SZGG.DE and France's Vallourec VLLP.PA are reviewing a sale of their steel joint venture HKM after they were approached by a potential buyers, Thyssenkrupp said on Friday. Reporting by Christoph Steitz Editing by

LIVE MARKETS-European steel trapped in quicksand STOXX 600 down 0.1% Tech leads gains, up 0.8% Autos worst off sector Traders keep an eye on Yen 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 EUROPEAN STEEL TRAPPED IN QUICKSAND The expected rebound in European steel demand seems to be running out of steam, as the seasonally weaker summer months approach and Chinese exports stay

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

UPDATE 1-Aurubis appoints new CEO in management reshuffle Adds earlier share move and Manager Magazin report in paragraphs 3-5 June 20 (Reuters) - Germany's Aurubis NAFG.DE said it had appointed Toralf Haag as its new chief executive, effective Sept. 1. Tim Kurth, a managing director of the Bulgarian branch, will be appointed Chief Operations Officer for custom smelting, the company added in a statement on Thursday.

Uniper maps out steps to boost Wilhelmshaven hydrogen port Uniper is creating a new value chain around the port Pieces include ammonia landing terminal, electrolysis Gas storage facilities to be re-purposed, new ones to go up Has won key customer in nearby steelmaker Salzgitter By Vera Eckert and Tom Käckenhoff ESSEN, Germany, June 13 (Reuters) - German utility Uniper will focus on talks with a big customer and early steps to develop hydrogen storage facilities this year after winning EU backin

FACTBOX-Companies invest in EV battery factories in Europe Updates with factories planned by ACC, Douvrin, Dunkirk, Heide June 6 (Reuters) - Europe is seeking to attract electric vehicle (EV) battery makers to build factories in the region - home to carmakers such as Volkswagen and Stellantis - as it tries to cut dependency on Asia and win a green subsidies race with the United States .

UPDATE 2-Thyssenkrupp to pare back funding for steel unit in 50:50 JV with Kretinsky Adds management change at steel business in paragraphs 7, 8 By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, May 29 (Reuters) - Thyssenkrupp TKAG.DE will merely contribute funding to its steel division should the German conglomerate agree on a 50:50 joint venture for the unit with Czech billionaire Daniel Kretinsky, it said on Wednesday.

EUROPE RESEARCH ROUNDUP- Ascential, Cellnex, Wise May 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Ascential, Cellnex and Wise on Tuesday. HIGHLIGHTS * Ascential ASCL.L : Berenberg re-initiates coverage with buy rating; target price 395p * Burberry BRBY.L : Barclays cuts target price to 1090p from 1340p * Cellnex CLNX.MC : Berenberg raises to buy from hold * Trainline TRNT.L : Deutsche Bank initiates coverage with buy rating a

ArcelorMittal needs cheap power, hydrogen for German steel revamp DUESSELDORF, May 17 (Reuters) - Steelmaker ArcelorMittal MT.AS may not go ahead with plans to decarbonise its steel plants in Germany unless it gets cheap electricity as well as a sufficient supply with renewables and hydrogen, it warned on Friday. "If the framework conditions with internationally competitive energy prices and available quantities of green electricity and hydrogen are not in place, there's an increased risk of ind

EUROPE RESEARCH ROUNDUP- Alfa Laval, OMV AG, Unilever Plc May 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alfa Laval, OMV AG and Unilever Plc, on Tuesday. HIGHLIGHTS * Alfa Laval ALFA.ST : JP Morgan raises target price to SEK 385 from SEK 325 * Babcock International BAB.L : Citigroup raises target price to 640p from 530p * OMV AG OMVV.VI : Morgan Stanley raises to equal weight from underweight * SKAN Group AG SKAN.S : Baader

BRIEF-Salzgitter AG: Q1 EBITDA Eur 126.4 Million May 13 (Reuters) - SALZGITTER AG SZGG.DE : SALZGITTER AG WITH MIXED FIRST QUARTER OF 2024 EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) OF EUR 126.4 MILLION STEEL-RELATED ACTIVITIES FEELING LACKLUSTER GERMAN ECONOMY Q124 A PRE-TAX PROFIT OF EUR 17.2 MILLION Q124 DUE TO PRICE

Salzgitter trims forecasts on uncertain German recovery May 7 (Reuters) - Germany's Salzgitter SZGG.DE trimmed its full-year forecast on Tuesday, pointing to hesitant signs of recovery in the German economy, and now expects sales of around 10.5 billion euros ($11.30 billion). The previous guidance was between 10.5-11 billion euros. Salzgitter also forecast its earnings before interest, taxes, depreciation, and amortization (EBITDA), previously expected between 700 and 750 million euros, to come

BRIEF-Iberdrola Signs PPA With Salzgitter For Supply Of 900 GWh Of Green Electricity April 30 (Reuters) - Iberdrola SA IBE.MC : STRENGTHENS ITS ALLIANCE WITH SALZGITTER WITH A CONTRACT TO SUPPLY IT WITH 900 GWH OF GREEN ELECTRICITY SIGNS LONG-TERM ELECTRICITY PURCHASE AND SALE CONTRACT (PPA) WITH GERMAN CO FOR 15 YEARS FOR IBERDROLA TO PROVIDE THRO