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StoraEnso

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Citi upgrades Billerud on cancellation of Escanaba mill conversion

BUZZ-Citi upgrades Billerud on cancellation of Escanaba mill conversion ** Citigroup raises Billerud BILL.ST to "neutral" from "sell", saying the recent cancellation of Escanaba mill conversion improves its medium-term outlook for cashflows, utilisation rates and margins ** It expects the Swedish pulp maker's free cash flow to increase from SEK 2 b
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Top of the Street: Mondi, Stora Enso, Haleon

BUZZ-Top of the Street: Mondi, Stora Enso, Haleon A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley downgrades British paper and packaging group Mondi MNDI.L to "equal-weight" from "overweight", seeing better value and more exposure to the nascent up-cycle in competitors SKG and Stora Enso ** Morgan Stanley upgrades Finnish paper company Stora Enso STERV.HE to "overweight" from "equal-weight" and says it has experienced the deepest earnings
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4Imprint, AstraZeneca, Bellway

EUROPE RESEARCH ROUNDUP-4Imprint, AstraZeneca, Bellway June 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including 4Imprint, AstraZeneca and Bellway, on Wednesday. HIGHLIGHTS * 4Imprint FOUR.L : HSBC raises target price to 6370p from 6060p * AstraZeneca AZN.L : HSBC raises target price to 14070p from 12950p * Bellway Plc BWY.L : Berenberg raises target price to 2900p from 2500p * Berkeley Group BKGH.L : Berenberg raises target price to
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Forestry group Stora Enso's CFO to step down in Q4

UPDATE 2-Forestry group Stora Enso's CFO to step down in Q4 Adds detail in paragraph 2, shares in paragraph 3 COPENHAGEN, May 17 (Reuters) - Finnish forestry group Stora Enso STERV.HE said on Friday its Chief Financial Officer Seppo Parvi will step down in the fourth quarter and it is launching a search for his successor. It said in a statement that Parvi , who joined Stora Enso in 2014, has decided to leave to take on a role with a company outside of the forest industry.
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Stora Enso CFO to step down in Q4

Stora Enso CFO to step down in Q4 COPENHAGEN, May 17 (Reuters) - Finnish forestry company Stora Enso STERV.HE on Friday said its CFO Seppo Parvi will step down in the fourth quarter this year. Reporting by Louise Breusch Rasmussen, editing by Essi Lehto
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