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GalpEnergia

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ABB, Barratt Redrow, Ti Fluid Systems

EUROPE RESEARCH ROUNDUP-ABB, Barratt Redrow, Ti Fluid Systems Oct 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB, Barratt Redrow and Ti Fluid Systems, on Tuesday. HIGHLIGHTS * ABB Ltd ABBN.S : Goldman Sachs cuts to neutral from buy * Barratt Redrow Plc BTRW.L : JP Morgan raises target price to 600p from 560p * Intermediate Capital Group Plc ICGIN.L : Citigroup raises PT to 2610p from 2600p * Ti Fluid Systems TIFS.L : Jeffer
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Galp in no rush to invest in lithium refinery with Northvolt

Galp in no rush to invest in lithium refinery with Northvolt By Sergio Goncalves LISBON, Oct 28 (Reuters) - Portuguese energy company Galp GALP.LS is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid challenging market conditions, CEO Filipe Silva said on Monday. A 50-50 joint venture between Galp - which earlier on Monday reported a 22% decline in third-quarter adjusted core profit - and Swedish battery maker Northvolt, dubbed Aurora
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Galp shares drop after comments on drilling timeline in Namibia

BUZZ-Galp shares drop after comments on drilling timeline in Namibia ** Shares of Galp GALP.LS fall 5% after the Portuguese energy firm gave a longer than expected drilling timeline for the four-well Exploration & Appraisal programme in Namibia during its Q3 earnings call , Jefferies says ** The longer timeline leads to a later than expected farm-d
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Portugal's Galp core profit falls 22% on lower oil output, weaker margins

UPDATE 1-Portugal's Galp core profit falls 22% on lower oil output, weaker margins Adds CEO quotes, detail EBITDA drops, but beat estimates Galp plans more drilling in Namibia Very keen to hold its 80% stake in Namibia for now By Sergio Goncalves LISBON, Oct 28 (Reuters) - Portugal's Galp Energia GALP.LS reported on Monday a 22% decline in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins.
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Portugal's Galp core profit falls 22% with less oil output, weaker margins

Portugal's Galp core profit falls 22% with less oil output, weaker margins LISBON, Oct 28 (Reuters) - Portugal's Galp Energia on Monday posted a 22% fall in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins, but earnings still beat estimates for the period. The energy firm reported adjusted earnings before interest, taxes, depreciation and amortization of 820 million euros ($885 million), beating the 766 million euros average expected by 20 analysts
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