EUROPE RESEARCH ROUNDUP-Ferguson, Next, Whitbread Sept 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ferguson, Next, and Whitbread, on Friday. HIGHLIGHTS * Allianz SE ALVG.DE : JP Morgan raises to overweight from neutral * Ferguson FERG.L : HSBC raises target price to 14320p from 12885p * Hiscox HSX.L : JP Morgan raises to overweight from neutral * Next Plc NXT.L : JP Morgan raises target price to 7500p from 7300p * Whitbread
EUROPE RESEARCH ROUNDUP-Ageas SA, Melrose Industries, Vestas Sept 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ageas SA, Melrose Industries and Vestas, on Monday. HIGHLIGHTS * Ageas SA AGES.BR : JP Morgan raises to neutral from underweight * Deutsche Euroshop AG DEQGn.DE : Baader Helvea raises to add from reduce * Melrose Industries MRON.L : RBC cuts to sector perform from outperform * Siemens AG SIEGn.DE : Barclays initiates
UPDATE 1-Spanish stocks - Factors to watch on September 11 Adds Grenergy and Inditex items Sept 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TELEFONICA TEF.MC Spain's acting labour minister on Friday called on the government to block the acquisition by Saudi Arabia's STC Group 7010.SE of a 9.9% stake in Telefonica TEF.MC , for the first time signal
Spanish stocks - Factors to watch on September 11 Sept 11 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TELEFONICA TEF.MC Spain's acting labour minister on Friday called on the government to block the acquisition by Saudi Arabia's STC Group 7010.SE of a 9.9% stake in Telefonica TEF.MC , for the first time signalling opposition to the deal within the co
BRIEF-Cellnex Disposes 2,353 Sites In France For 631 Mln Euros Sept 6 (Reuters) - Cellnex Telecom SA CLNX.MC : TO DISPOSE 2,353 SITES IN FRANCE TRANSFER OF 150 SITES EXECUTED IN FIRST HALF OF THE YEAR, 225 SITES EXECUTED ON AUGUST 1 AND 1,978 SITES AT END OF AUGUST DIVESTMENT IS PART OF AGREEMENTS REACHED WITH PHOENIX TOWER INTERNATIONAL (PTI) AND
EUROPE RESEARCH ROUNDUP-Air Liquide, Heineken, Kingfisher Aug 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Heineken and Kingfisher, on Wednesday. HIGHLIGHTS * Air Liquide AIRP.PA : TD Cowen raises target price to EUR 190 from EUR 185 * Coloplast COLOb.CO : Bernstein cuts target price to DKK 830 from DKK 865 * Heineken NV HEIN.AS : RBC cuts to underperform from sector perform * Kingfisher KGF.L : JP Morgan cuts ta
ANALYSIS-Europe's weaker economy limits fallout of US bond rout Divergence opening up between European and U.S. bonds Treasury yields touched 2007 highs while Germany lagged Investors bet on weak European growth, lower deficits By Yoruk Bahceli Aug 30 (Reuters) - A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc's economic growth and funding needs will increasingly lag those in the United States.
BUZZ-Cellnex shares drop after CFO steps down ** Cellnex CLNX.MC shares fall 2 % after its chief financial officer Josรฉ Manuel Aisa Mancho resigned "to pursue other professional endeavors" ** The Spanish telecoms group said it will inform of the appointment of the successor as soon as it takes place ** "The news could generate some uncertainty unt
Spanish stocks - Factors to watch July 31 July 31 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: IBERDROLA IBE.MC Iberdrola said on Friday it closed the purchase of two Greenvolt GVOLT.LS power onshore wind farms in Poland.
BRIEF-Cellnex Announces Final Terms And Conditions Of Convertible Bond Issuance And Repurchase Of Convertible Bonds July 31 (Reuters) - Cellnex Telecom SA CLNX.MC : SAID ON FRIDAY ANNOUNCES FINAL TERMS AND CONDITIONS OF CONVERTIBLE BOND ISSUANCE AND REPURCHASE OF CONVERTIBLE BONDS INITIAL CONVERSION PRICE OF BONDS SET AT 62.4211 EUROS, REPRESENTING
BRIEF-Cellnex's Jose Manuel Aisa Resigns As CFO July 31 (Reuters) - Cellnex Telecom SA CLNX.MC : INFORMED ON SUNDAY ABOUT RESIGNATION OF JOSE MANUEL AISA MANCHO AS CHIEF FINANCIAL OFFICER RESIGNATION WILL HAVE EFFECTS AS FROM 31 OCTOBER 2023 RESIGNATION IS DUE TO AISA'S DESIRE TO PURSUE OTHER PROFESSIONAL ENDEAVORS WILL INFORM OF THE APPOINTMENT OF
UPDATE 1-Italy's A2A raises profit outlook, chairman quits Adds chairman's exit in second paragraph July 28 (Reuters) - Italy's largest regional utility A2A A2.MI raised its full-year profit guidance on Friday after posting a strong first-half EBITDA, boosted by the solid performance of a number of its business units. The company also said Chairman Marco Patuano was stepping down as chairman and board director, due to other work commitments.
BRIEF-Cellnex Telecom Announces Certain Final Terms And Conditions Of Convertible Bond Issue July 28 (Reuters) - Cellnex Telecom SA CLNX.MC : ANNOUNCES CERTAIN FINAL TERMS AND CONDITIONS OF THE CONVERTIBLE BOND ISSUE BONDS WILL BE ISSUED AT PAR AND WILL BEAR A FIXED COUPON OF 2.125% PER ANNUM (0.9% AFTER TAX), PAYABLE ANNUALLY IN ARREAR ON 11 AUGUST IN EACH YEAR, COMMENCING ON 11 AUGUST 2024 AGGREGATE PRINCIPAL AMOUNT OF BONDS TO BE ISSUED HAS BEEN SET AT 1 BLN EUROS BONDS WILL MATURE ON 11 AUGU
BRIEF-Bookrunner Says Cellnex Telecom Convertible Books Covered On New Issue July 28 (Reuters) - Bookrunner: CELLNEX TELECOM CONVERTIBLE: BOOKS COVERED ON NEW ISSUE. INDICATED DEMAND EXCEEDS DEAL SIZE; FURTHER GUIDANCE TO FOLLOW - BOOKRUNNER Further company coverage: CLNX.MC
BRIEF-Bookerunner Says Cellnex Telecom Convertible New Issue Will Price At 62.5% Conversion Premium July 28 (Reuters) - Bookrunner: CELLNEX TELECOM CONVERTIBLE: NEW ISSUE WILL PRICE AT 62.5% CONVERSION PREMIUM, 4% YIELD TO MATURITY - BOOKRUNNER CELLNEX TELECOM CONVERTIBLE: BOOKS MULTIPLE TIMES COVERED AT LEVEL AND EXPECTED TO CLOSE AT 11.45 AM UKT
UPDATE 1-Cellnex to raise 1 bln euro via convertible bonds Adds details on the bonds, context on the asset class and Cellnex July 28 (Reuters) - Spanish telecoms group Cellnex CLNX.MC is looking to raise 1 billion euros ($1.10 billion) in convertible bonds to repay existing debt, banks acting on the sale said on Friday. The seven-year bonds will replace existing convertible debt maturing in 2026 and will also be used for "general corporate purposes".
BRIEF-Cellnex To Issue And Repurchase Convertible Bonds July 28 (Reuters) - Cellnex Telecom SA CLNX.MC : ANNOUNCES INFORMATION REGARDING ISSUANCE OF CONVERTIBLE BOND AND REPURCHASE OF CONVERTIBLE BONDS ISSUE TO BE EXCLUSIVELY TARGETED AT PROFESSIONAL INVESTORS, INCLUDING THOSE HOLDING 2026 BONDS THE AGGREGATE PRINCIPAL AMOUNT OF THE BONDS TO BE ISS
Spanish stocks - Factors to watch on July 28 July 28 - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: BBVA BBVA.MC Spanish bank BBVA on Friday said its second quarter net profit rose 24% from the same period in 2022 thanks to higher lending income in Mexico, its main market, and in Spain.
BRIEF-Cellnex CEO Says Company Could Eventually Evaluate Full Asset Sales In Certain Countries July 27 (Reuters) - Cellnex Telecom SA CLNX.MC : CELLNEX CEO SAYS COMPANY COULD EVENTUALLY EVALUATE FULL ASSET SALES IN CERTAIN COUNTRIES Source text for Eikon: [ID:] Further company coverage: CLNX.MC Reporting by Joan Faus
UPDATE 1-Cellnex's first-half loss widens, revenues grow 18.4% Adds details on bank loan, CEO quotes, debt level By Joan Faus BARCELONA, July 27 (Reuters) - Spain's Cellnex CLNX.MC posted on Thursday a first-half net loss of 193 million euros ($215 million), 14% wider than a year ago, which Europe's largest mobile phone tower operator attributed to its expansion, even as acquisitions have slowed down.
