XM does not provide services to residents of the United States of America.
C
C

Continental


News

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds Embracer, Foraco, LPP and Wienerberger March 28 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. The moves, part of a broader corporate exodus from Russia, have prompted concerns that Russian companies and institutions are snapping up prize assets at bargain pr
B
C
H
I
L
M
P
R
S
V
V
W
Y
A
I
S

Continental Automotive Bundles Business Activities In The Rhine-Main Region

BRIEF-Continental Automotive Bundles Business Activities In The Rhine-Main Region March 26 (Reuters) - CONTINENTAL AG CONG.DE : AUTOMOTIVE: CONTINENTAL BUNDLES BUSINESS ACTIVITIES IN THE RHINE-MAIN REGION Further company coverage: CONG.DE (Gdansk Newsroom)
C

Investors should 'remain selective' on car suppliers, MS says

BUZZ-Investors should 'remain selective' on car suppliers, MS says ** Morgan Stanley says investors should "remain selective" on car suppliers citing concerns about disruption and high debt ** The broker notes that first-tier suppliers are facing disruption as the automobile sector's blueprint is redefined with vertical integration, software, new c
C
V

ASML Holding, Intrum, Rolls Royce

EUROPE RESEARCH ROUNDUP- ASML Holding, Intrum, Rolls Royce March 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASML Holding, Intrum and Rolls Royce, on Tuesday. HIGHLIGHTS * ASML Holding NV ASML.AS : TD Cowen raises target price to EUR 1,000 from EUR 925 * Intrum AB INTRUM.ST : JP Morgan cuts to underweight from neutral * Rolls Royce RR.L : Jefferies raises target price to 470p from 390p * Spirax-Sarco SPX.L : HSBC raises targ
A
A
A
B
C
C
E
E
G
H
H
H
I
K
M
M
P
P
A
D
P
R

Continental - CFO Katja Garcia Vila Is Not Available For Contract Extension

BRIEF-Continental - CFO Katja Garcia Vila Is Not Available For Contract Extension March 11 (Reuters) - CONTINENTAL AG CONG.DE : CFO KATJA GARCIA VILA IS NOT AVAILABLE FOR CONTRACT EXTENSION CFO KATJA GARCIA VILA IS NOT AVAILABLE FOR CONTRACT EXTENSION CURRENT CONTRACT RUNS TO DECEMBER 2024 GARCIA VILA WILL CONTINUE IN HER ROLE UNTIL HER SUCCESSOR H
C

Breedon, Hellofresh, Virgin Money UK

EUROPE RESEARCH ROUNDUP-Breedon, Hellofresh, Virgin Money UK March 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Breedon Group, Hellofresh SE and Virgin Money UK Plc on Monday. HIGHLIGHTS * Breedon Group BREE.L : UBS cuts to neutral from buy * Hellofresh SE HFGG.DE : Jefferies cuts to hold from buy * Marks and Spencer Group MKS.L : RBC raises to outperform from sector perform * SKF SKFb.ST : Barclays raises to overweight from
A
A
A
A
A
A
B
B
C
C
C
C
D
D
G
G
H
H
I
T
T
A
A
Z

Aena SME SA, Arkema SA, ITV Plc

EUROPE RESEARCH ROUNDUP-Aena SME SA, Arkema SA, ITV Plc March 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aena SME SA, Arkema SA and ITV Plc on Friday. HIGHLIGHTS * Aena SME SA AENA.MC : JP Morgan raises target price to EUR 210 from EUR 195 * Arkema SA AKE.PA : HSBC cuts target price to EUR 107 from EUR 111 * ITV Plc ITV.L : JP Morgan raises target price to 112p from 105p * Redeia Corporacion SA REDE.MC : RBC raises to outper
A
A
A
A
B
C
C
D
E
G
H
I
L
S
S
S
S
A
D
N
P
S

Downbeat start for stocks on ECB day

LIVE MARKETS-Downbeat start for stocks on ECB day 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 . DOWNBEAT START FOR STOCKS ON ECB DAY European shares were set to fall at the open on Thursday on a busy day for earnings and corporate news, with the European Central Bank meeting setting the overall tone.
A
C
H
I
L
U
J
E
F
G

ECB also wants more evidence

LIVE MARKETS-ECB also wants more evidence 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 . MORNING BID EUROPE- ECB ALSO WANTS MORE EVIDENCE Federal Reserve Chair Jerome Powell was unambiguous overnight, but the European Central Bank meets today and is more divided and hesitant about committing to monetary easing.
A
C
H
I
L
U
J
E
F
G

Germany's Continental flags huge cost burden in 2024

UPDATE 2-Germany's Continental flags huge cost burden in 2024 Adds details throughout March 7 (Reuters) - German automotive supplier Continental CONG.DE on Thursday flagged higher costs and a flat car market in 2024, providing an outlook for the current year that was in line with market expectations. The company said it expects 500 million euros ($545 million) in additional costs due to wages this year, mostly at its automotive division where it announced thousands of layoffs last year.
C
G

Continental reports FY operating result below expectations as tough market weighs

Continental reports FY operating result below expectations as tough market weighs March 7 (Reuters) - Continental CONG.DE on Thursday reported a 31.6% rise in its full-year adjusted operating result to 2.5 billion euros ($2.7 billion), slightly missing market expectations as inflation, exchange rate effects and higher freight costs weighed. The German auto parts maker said it expects 2024 group sales of around 41 billion to 44 billion euros, and an adjusted earnings before interest and tax (EBIT
C

ECB also wants more evidence

MORNING BID EUROPE-ECB also wants more evidence A look at the day ahead in European and global markets from Vidya Ranganathan Federal Reserve Chair Jerome Powell was unambiguous overnight, but the European Central Bank meets today and is more divided and hesitant about committing to monetary easing. The ECB is universally expected to keep its policy rate at a record 4.0%, and policymakers are likely to repeat that they need more evidence inflation is under control and that ongoing wage increases
A
C
E
H
I
L
U
J
U
U

Germany's Schaeffler misses expectations for 2023 core profit

UPDATE 3-Germany's Schaeffler misses expectations for 2023 core profit Adds CEO comment in paragraph 9 By Louis van Boxel-Woolf and Chiara Holzhaeuser March 5 (Reuters) - German automotive and industrial supplier Schaeffler AG SHA_p.DE reported 2023 full-year adjusted core profit (EBIT) of 1.19 billion euros ($1.29 billion) on Tuesday, weighed down by weak demand in China for the group's Industrial division.
C

Germany's Schaeffler misses expectations for 2023 core profit

CORRECTED-UPDATE 2-Germany's Schaeffler misses expectations for 2023 core profit Corrects to say Vitesco accounts to be fully included only after conclusion of merger By Louis van Boxel-Woolf and Chiara Holzhaeuser March 5 (Reuters) - German automotive and industrial supplier Schaeffler AG SHA_p.DE reported 2023 full-year adjusted core profit (EBIT) of 1.19 billion ($1.29 billion) on Tuesday, weighed down by weak demand in China for the group's Industrial division.
C

Germany's Schaeffler misses expectations for 2023 core profit

CORRECTED-UPDATE 1-Germany's Schaeffler misses expectations for 2023 core profit Corrects to say Vitesco accounts to be consolidated only after conclusion of merger March 5 (Reuters) - German automotive and industrial supplier Schaeffler AG SHA_p.DE reported full-year adjusted core profit (EBIT) of 1.19 billion ($1.29 billion) on Tuesday, weighed down by weak demand in China for the group's Industrial division.
C

Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Mar 1(Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 04-Mar-2024 BMO HNKG_p.DE Henkel AG & Co KGaA Q4 2023 Henkel AG & Co KGaA Earnings Release 05-Mar-2024 06:30 BAYGn.DE Bayer AG Q4 2023 Bayer AG Earnings Release 06-Mar-2024 BMO SY1G.DE Symrise AG Full Year 2023 Symrise AG Earnings Release 06-Mar-2024 06:00 DHLn.DE Deutsche Post AG Q4 2023 Deutsche Post
B
B
C
H
S
G

Valeo lowers sales targets for 2025 as EV growth stalls

UPDATE 3-Valeo lowers sales targets for 2025 as EV growth stalls Adds comment on production focus paragraph 9 By Nathan Vifflin and Jesus Calero Feb 29 (Reuters) - French car parts maker Valeo VLOF.PA on Thursday cut its net sales guidance for 2025, citing lower-than-expected growth in the automotive market and particularly for electric vehicles. Europe's auto suppliers including Valeo, Forvia FRVIA.PA and Continental CONG.DE are striving to balance cost-cutting with supplier demands amid a slow
C
V

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds R1 RCM, Edison, Kroger and Charter Communications; Updates Broadcom Feb 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT , on Monday: * * Charter Communications CHTR.O is weighing a takeover of broadband service provider Altice USA ATUS.N , Bloomberg News reported, according to people familiar with the matter.
A
B
B
C
C
I
K
K
S
T
V

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Agiliti, Broadcom, CMA CGM Updates: Wincanton, NEC, MIND ID Feb 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT, on Monday: ** Chipmaker Broadcom AVGO.O is selling its unit that allows users to remotely access desktops in a deal valued at about $4 billion to KKR KKR.N , furthering CEO Hock Tan's efforts to streamline the firm's portfolio following its VMware takeover.
A
B
B
C
I
K
T
V

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Feb 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT, on Monday: ** Hong Kong-based hedge fund Oasis Management has filed an injunction to block NEC's 6701.T sale of its stake in its listed unit Japan Aviation Electronics (JAE) 6807.T , saying that the sale would inflict damage on its shareholders.
A
B
C
I
K
T
V



Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.