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European shares end lower on rate cut jitters; Richemont shines

UPDATE 2-European shares end lower on rate cut jitters; Richemont shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Azelis notches worst day ever after EQT, PSP sell shares Lagercrantz tops STOXX after Q4 report Fitch's credit rating review on Spain on tap ECB's Schnabel calls for caution in rate cuts beyond June Updated at 1600 GMT By Ankika Biswas and Johann M Cherian May 17 (Reuters) - European shares closed lower on Friday, as
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E.ON could raise investment plans in distribution grids, CFO says

E.ON could raise investment plans in distribution grids, CFO says FRANKFURT, May 15 (Reuters) - German utility E.ON EONGn.DE sees upside potential in its targeted investments in electricity distribution grids, its chief financial officer said in an earnings call with analysts on Wednesday. "There is room for more (in our investment plans), if economic conditions are right," CFO Marc Spieker said, when asked about investment targets being developed by grid operators together with the national reg
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E.ON posts stable Q1 profits, raises investments by a quarter

E.ON posts stable Q1 profits, raises investments by a quarter FRANKFURT, May 15 (Reuters) - E.ON EONGn.DE on Wednesday posted first-quarter profits that were roughly stable year-on-year, adding that investments were up by around a quarter as Europe's biggest operator of energy grids is massively ramping up spending on grids. First-quarter adjusted core profit (EBITDA) was up 1% at 2.745 billion euros, while adjusted net profit was up 2% at 1.047 billion, the company said, confirming its outlook
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead May 10 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 14-May-2024 NTS PSHG_p.DE Porsche Automobil Holding SE Q1 2024 Porsche Automobil Holding SE Earnings Release 14-May-2024 BMO HNRGn.DE Hannover Rueck SE Q1 2024 Hannover Rueck SE Earnings Release 14-May-2024 BMO BNRGn.DE Brenntag SE Q1 2024 Brenntag SE Earnings Release 14-May-2024 05:30 RHMG.DE Rhein
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Arkema, Fuller Smith & Turner, Siemens Energy

EUROPE RESEARCH ROUNDUP- Arkema, Fuller Smith & Turner, Siemens Energy May 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Fuller Smith & Turner and Siemens Energy, on Thursday. HIGHLIGHTS * Arkema SA AKE.PA : HSBC raises target price to EUR 117 from EUR 107 * Bytes Technology Group Plc BYIT.L : Deutsche Bank initiates coverage with buy rating * Fuller Smith & Turner Plc FSTA.L : Deutsche Bank initiates coverage with buy
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