EUROPE RESEARCH ROUNDUP-BMW, Pernod-Ricard SA, Remy Cointreau Sept 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW , Pernod-Ricard SA and Remy Cointreau, on Thursday. HIGHLIGHTS * 1&1 AG 1U1.DE : Citigroup raises to buy from neutral * BMW BMWG.DE : Barclays cuts to underweight from equal weight * Pernod-Ricard SA PERP.PA : Barclays cuts to underweight from overweight * Remy Cointreau RCOP.PA : Barclays cuts to underweight fr
BRIEF-Bilfinger Acquires Fluor's Industrial Services Business Stork Sept 7 (Reuters) - BILFINGER SE GBFG.DE : REGIONAL EXPANSION THROUGH ACQUISITION OF FLUOR'S INDUSTRIAL SERVICES BUSINESS STORK IN THE NETHERLANDS AND BELGIUM Further company coverage: GBFG.DE (Gdansk Newsroom)
BRIEF-Fluor Sells Stork European Business To Bilfinger SE. Sept 7 (Reuters) - Fluor Corp FLR.N : FLUOR SELLS STORK EUROPEAN BUSINESS TO SELL ITS STORK BUSINESS IN BELGIUM, GERMANY, NETHERLANDS AND ITS TURBO BLADING MANUFACTURING OPERATION IN US TO BILFINGER SE. Source text for Eikon: ID:nBw58hvmva Further company coverage: FLR.N
BUZZ-HSBC sees no 'Goldilocks' scenario for DACH industrials ** HSBC sees no soft landing, or the so-called best-case "Goldilocks" scenario for Austrian, German, and Swiss (DACH) industrial companies, despite markets betting on such an outcome ** "Current macro conditions hint to a reverse 'Goldilocks' scenario, in our view, while a recession still
BRIEF-Bilfinger And Reverion Sign Letter Of Intent For Sustainable Biogas Plants Aug 31 (Reuters) - BILFINGER SE GBFG.DE : BILFINGER AND REVERION CLEANTECH STARTUP HAVE SIGNED A LETTER OF INTENT TO WORK TOGETHER IN THE FIELD OF SUSTAINABLE BIOGAS PLANTS Further company coverage: GBFG.DE (Gdansk Newsroom)
BUZZ-Bilfinger rises on Q2 EBITA beat ** Bilfinger GBFG.DE shares rise 4.1% following the German industrial services provider's Q2 results , beating consensus on an EBITA level ** Bilfinger reached Q2 EBITA of 43 million euros ($47.03 million), above consensus of 37.6 million euros, according to Vara research ** "EBITA beat might act positive first
BRIEF-Bilfinger SE Q2 Orders Received Up At EUR 1,085 Million Aug 14 (Reuters) - BILFINGER SE GBFG.DE : Q2 ORDERS RECEIVED UP 1% AT EUR 1,085 MILLION: +6% IN E&M EUROPE, +32% IN TECHNOLOGIES SEGMENT BALANCES OUT DECREASE IN E&M INTERNATIONAL DUE TO US RESTRUCTURING Q2 GROSS MARGIN 10.4% VERSUS PRIOR-YEAR PERIOD: 9.9% Q2 EBITA MARGIN 3.9% VERSUS PRI
BUZZ-UBS ups Bilfinger to "buy", seeing much upside and improving risk-reward balance ** UBS upgrades Bilfinger GBFG.DE to "buy" from "neutral", sending the shares on their best day since May 2020, seeing much upside to the German industrial services provider ** Brokerage points to favourable risk-reward balance, with improving orders, industrial c
EUROPE RESEARCH ROUNDUP-Kering, Petrofac, Teleperformance June 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Kering, Petrofac and Teleperformance on Thursday. HIGHLIGHTS * Allfunds Group ALLFG.AS : HSBC raises to buy from hold * GB Group Plc GBGP.L : Jefferies raises to buy from hold * Kering PRTP.PA : HSBC cuts to hold from buy * Petrofac PFC.L : Berenberg cuts target price to 105p from 110p * Teleperformance SE TEPRF.PA : Be
UPDATE 1-Bilfinger UK offshore workers to strike in June over pay offer Adds detail May 19 (Reuters) - UK's Unite Union on Friday said that offshore workers at Bilfinger UK Ltd rejected new pay offers and that strike action will take place in June. A round 800 Bilfinger contractors will participate in two new rounds of strike action starting on June 1 and ending on June 3, and then from June 8 to June 10 , Unite said in a news release .
UPDATE 1-Unite says BP Petrofac workers to support North Sea strikes over pay Adds company comment, details March 22 (Reuters) - UK's Unite the union on Wednesday said that its members at BP Petrofac sites have voted to support a strike over pay at oil and gas facilities in the North Sea. "The vote will see the BP Petrofac workers join 1,400 others in dispute with their employers meaning 1,500 offshore workers across the UK Continental Shelf (UKCS) could be on strike within weeks." The BP Petrof
UPDATE 1-Unite says 1,400 UK offshore workers to strike 'within weeks' Adds details from release March 20 (Reuters) - Some 1,400 UK offshore workers are preparing to strike "within weeks at sites operated by major oil and gas companies, the Unite union said on Monday. Operators including BP BP.L , CNRI CNRI.V , EnQuest ENQ.L , Harbour HRB.L , Ithaca ITH.L , Shell SHEL.AS , and Total TTEF.PA will be affected, Unite said in a news release.
Deals of the day-Mergers and acquisitions Adds Kering, Kloeckner & Co, Agrofert, Icade; Updates Qualtrics, Sanofi, Illumina, Pfizer March 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Qualtrics International Inc XM.O said on Monday it would be taken private after its controlling shareholder, SAP SE SAPG.DE , accepted a $12.5 billion bid from a consortium led by Silver Lake and Canada Pension Plan Investment Board (CPPIB).
BRIEF-Bilfinger Acquires Dutch Piping & Mechanical Contractor De Bruin Piping & Construction B.V. Feb 28 (Reuters) - BILFINGER SE GBFG.DE : BILFINGER ACQUIRES DUTCH PIPING & MECHANICAL CONTRACTOR DE BRUIN PIPING & CONSTRUCTION B.V. STRATEGIC ACQUISITION OF THE DUTCH SPECIALIST FOR PIPELINE CONSTRUCTION AND MECHANICS AS WELL AS DETAILED PIPELINE CONSTRUCTION ACQUISITION EXPANDS BILFINGER'S OFFERING AT THE IMPORTANT INDUSTRIAL LOCATION OF THE PORT OF ROTTERDAM AROUND 60 EXPERIENCED SPECIALISTS JOI
BRIEF-Bilfinger FY Revenue Up At EUR 4.31 Bln Feb 14 (Reuters) - BILFINGER SE GBFG.DE : FY REVENUE EUR 4.31 BILLION, UP 14% ORGANICALLY FY EBITA AT EUR 75 MILLION VERSUS EUR 121 MILLION YEAR AGO FY NET PROFIT ADJUSTED AT EUR 82 MILLION OUTLOOK 2023: REVENUE EUR 4.3 BILLION TO EUR 4.6 BILLION FY ADJUSTED. EBITA UP TO EUR 140 MILLION FROM EUR 137 MILLION OUTLOOK 2023: EBITA MARGIN 3.8% TO 4.1% MID-TERM TARGETS: 6% TO 7% EBITA MARGIN AND 4% TO 5% P.A.
North Sea Crude-Forties at 3-week high on higher bids from Total LONDON, Feb 13 (Reuters) - North Sea Forties crude oil differentials rose back into positive territory on Monday on the back of higher bids from Total and as hundreds of offshore workers are being balloted for possible strike action. * The Unite labour union is balloting around 300 Stork workers and 700 Bilfinger offshore workers about taking strike action on dozens of UK offshore installations, the union said.
UPDATE 3-Euro zone shares hit near one-year high on hopes of rate hike pause For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Euro zone shares jump 1.8% Real estate, tech stocks lead gains ECB promises one more 50 bps rate hike BoE signals rates near peak Infineon rises on upbeat profit margin outlook Updates to market close By Amruta Khandekar and Ankika Biswas Feb 2 (Reuters) - Euro zone shares hit their highest level in nearly a year o
FRANKFURT, Dec 14 (Reuters) - Uniper UN01.DE will reshuffle its supervisory board as part of a planned bailout by the German government, the struggling gas trader said on Wednesday, just days before a shareholder meeting to approve what is essentially a full nationalisation. Four new board members, including former E.ON EONGn.DE Chief Financial Officer Marcus Schenck, are set to succeed the representatives of current majority shareholder Fortum FORTUM.HE on the supervisory board, the company sai
