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Electrolux


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BASF, Cadeler, Edenred

EUROPE RESEARCH ROUNDUP-BASF, Cadeler, Edenred April 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BASF, Cadeler and Edenred, on Wednesday. HIGHLIGHTS * BASF BASFn.DE : Deutsche Bank cuts to hold from buy * Cadeler A/S CADLR.OL : Jefferies raises target price to NOK 70 from NOK 65 * Edenred EDEN.PA : Jefferies initiates coverage with underperform rating; PT EUR 40 * Troax Group AB (Publ) TROAX.ST : Berenberg initiates coverage
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How companies are responding to attacks on ships in the Red Sea

FACTBOX-How companies are responding to attacks on ships in the Red Sea Adds Next March 22 (Reuters) - Companies are responding to disruptions to shipping on the shortest route between Europe and Asia. Attacks in the Red Sea region by Houthi militants in Yemen have prompted several shipping companies to reroute vessels. Below are details on how companies in various sectors are responding: AUTOS ** GEELY 0175.HK : China's second-largest automaker by sales, said on Dec.
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How companies are responding to attacks on ships in the Red Sea

FACTBOX-How companies are responding to attacks on ships in the Red Sea Adds Inditex, John Lewis, updates Adidas March 14 (Reuters) - Companies are responding to disruptions to shipping on the shortest route between Europe and Asia. Attacks in the Red Sea region by Houthi militants in Yemen have prompted several shipping companies to reroute vessels.
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Kepler sees private equity deal as potential route for Electrolux

CORRECTED-BUZZ-Kepler sees private equity deal as potential route for Electrolux Clarifies it is Kepler Cheuvreux's opinion a private equity deal could facilitate divestment of parts of Electrolux in headline, 1st bullet, not that the company considers such deal; moves SEK 140/share potential offer quote higher (2nd bullet) for clarity; clarifies 4th bullet to reflect it is Kepler's view Investor AB may have been considering a sale since 2018 ** Kepler Cheuvreux sees a private equity deal as a w
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How companies are responding to attacks on ships in the Red Sea

FACTBOX-How companies are responding to attacks on ships in the Red Sea Adds H&M March 27 (Reuters) - Companies are responding to disruptions to shipping on the shortest route between Europe and Asia. Attacks in the Red Sea region by Houthi militants in Yemen have prompted several shipping companies to reroute vessels. Below are details on how companies in various sectors are responding: AUTOS ** GEELY 0175.HK : China's second-largest automaker by sales, said on Dec.
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Bouygues Immobilier, Novartis, Ted Baker and Telenor, adjusts covered time period to the start of 2024 April 10 (Reuters) - The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layoffs or hiring freezes. Here are some cuts announced since the start of 2024: AUTOS * BOSCH: the automotive supplier said in January it would cut 1,200 jobs in its software development division by end
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Gerresheimer, Repsol, SEB AB

EUROPE RESEARCH ROUNDUP-Gerresheimer, Repsol, SEB AB Feb 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Gerresheimer, Repsol and SEB AB on Friday. HIGHLIGHTS * Aena Sme SA AENA.MC : Citigroup raises to buy from neutral * Gerresheimer AG GXIG.DE : JP Morgan cuts target price to EUR 123.2 from EUR 126.6 * Moneysupermarket.com MONY.L : HSBC cuts target price to 295p from 305p * Repsol REP.MC : JP Morgan raises to overweight from n
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Central Europe's shoppers still shell-shocked even as inflation ebbs

ANALYSIS-Central Europe's shoppers still shell-shocked even as inflation ebbs CEE reeling from successive years of double-digit inflation Polish consumer spending off to a mixed start in January Savings, rather than consumption boom seen in 2024 Subdued outlook for Czech, Hungarian retail sectors By Gergely Szakacs and Karol Badohal BUDAPEST/WARSAW, Feb 23 (Reuters) - When a $500 Electrolux ELUXb.ST oven briefly went on sale for 1% of its list price in Hungary last week, within hours shoppers fl
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How companies are responding to attacks on ships in the Red Sea

FACTBOX-How companies are responding to attacks on ships in the Red Sea Adds Akzo Nobel, TotalEnergies Feb 9 (Reuters) - Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a route that accounts for about 15% of the world's shipping traffic, have pushed several shipping companies to reroute their vessels.
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Adidas, Fevertree Drinks, Volvo Car

EUROPE RESEARCH ROUNDUP-Adidas, Fevertree Drinks, Volvo Car Feb 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Fevertree Drinks and Volvo Car, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : RBC raises to outperform from sector perform * Drax Group Plc DRX.L : HSBC cuts target price to 470p from 480p * Fevertree Drinks Plc FEVR.L : HSBC cuts target price to 1550p from 1600p * Land Securities LAND.L : Morgan Stanley raises t
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How companies are responding to attacks on ships in the Red Sea

FACTBOX-How companies are responding to attacks on ships in the Red Sea Adds Adidas, updates Shell, Electrolux Feb 2 (Reuters) - Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a route that accounts for about 15% of the world's shipping traffic, have pushed several shipping companies to reroute their vessels.
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European shares stuck below 2-yr highs as US data dashes rate optimism

UPDATE 2-European shares stuck below 2-yr highs as US data dashes rate optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Danske Bank rises on share buyback program Mercedes-Benz up after preliminary free-cashflow beat STOXX 600 flat Updated at 1650 GMT By Shristi Achar A and Shubham Batra Feb 2 (Reuters) - European shares were little changed on Friday as gains from upbeat corporate earnings offset hotter-than-expected U.S.
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STOXX rises as autos and real estate names lift index

LIVE MARKETS-STOXX rises as autos and real estate names lift index 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 STOXX RISES AS AUTOS AND REAL ESTATE NAMES LIFT INDEX Europe's STOXX 600 .STOXX is rising 0.5% and staying near a two-year high, buoyed by auto and real estate stocks while oil and gas names are the worst performing sector.
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Electrolux flags weak demand in early 2024, shares drop

BUZZ-Electrolux flags weak demand in early 2024, shares drop ** Shares in Sweden's Electrolux ELUXb.ST drop around 7% after initially rising as much as 5%, as the world's second-biggest appliances maker flagged weak consumer sentiment continuing in early 2024 ** Electrolux sees demand for core appliances in 2024 to be relatively neutral for all regions compared to 2023 ** The company also forecasts a negative impact on the year ahead from volumes/price/mix, driven by price partly offset by growt
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Europe set for a bounce after stellar U.S. tech earnings

LIVE MARKETS-Europe set for a bounce after stellar U.S. tech earnings 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 EUROPE SET FOR A BOUNCE AFTER STELLAR U.S. TECH EARNINGS European stocks are heading for a jubilant end to the week, with EuroSTOXX50 .STXEc1 futures adding 0.8% as traders react to glittering quarterly results from U.S.
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Electrolux expects further weak consumer sentiment in early 2024

UPDATE 4-Electrolux expects further weak consumer sentiment in early 2024 Adds details on north America and investor comment in paragraph 3-8 By Marie Mannes STOCKHOLM, Feb 2 (Reuters) - Electrolux ELUXb.ST said on Friday it expected consumer sentiment to stay weak in early 2024 as customers seek cheaper alternatives but the home appliance maker sees demand in major markets stabilising later throughout the year.
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Electrolux sees continued weak consumer sentiment in early 2024

CORRECTED-UPDATE 1-Electrolux sees continued weak consumer sentiment in early 2024 Corrects date in dateline STOCKHOLM, Feb 2 (Reuters) - Electrolux ELUXb.ST said on Friday it expects consumer sentiment to stay weak in early 2024 after which it sees demand in major markets stabilising through the year, as it reported quarterly losses in line with a preliminary reading.
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Electrolux sees continued weak consumer sentiment in early 2024

CORRECTED-Electrolux sees continued weak consumer sentiment in early 2024 Corrects date in dateline STOCKHOLM, Feb 2 (Reuters) - Electrolux ELUXb.ST said on Friday it expects consumer sentiment to stay weak in early 2024 after which it sees demand in major markets stabilising through the year, as it reported quarterly losses in line with a preliminary reading.
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Electrolux Proposes That No Payment Of Dividend Will Be Made For 2023

BRIEF-Electrolux Proposes That No Payment Of Dividend Will Be Made For 2023 Feb 2 (Reuters) - Electrolux AB ELUXb.ST : HIGH INFLATION, RISING INTEREST RATES AND GEOPOLITICAL TENSIONS CONTINUED TO WEIGH ON CONSUMER SENTIMENT, WHICH REMAINED WEAK IN OUR MAJOR MARKETS BOARD OF DIRECTORS PROPOSES THAT NO PAYMENT OF DIVIDEND WILL BE MADE FOR 2023 2024 M
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Electrolux Professional rises on Q4 profit above estimates

BUZZ-Electrolux Professional rises on Q4 profit above estimates ** Shares in Electrolux Professional EPROb.ST rise 5.8% after the Swedish provider of food service, beverage and laundry solutions posted Q4 results above market expectations ** Its Q4 EBITA came in at SEK 302 million ($28.87 million), beating the SEK 292 million estimate seen in a con
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