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Continental

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Michelin's half-year operating margin increases despite instability in Europe

Michelin's half-year operating margin increases despite instability in Europe July 24 (Reuters) - French tyre maker Michelin MICP.PA reported a 4.2% drop in half-year sales on Wednesday, slightly below analysts' expectations, citing an unstable economic environment in Europe and a weak performance in the French market. But the company managed to increase its segment operating margin thanks to its pricing policy.
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Anglo American Plc, Capricorn Energy, Ericsson

EUROPE RESEARCH ROUNDUP-Anglo American Plc, Capricorn Energy, Ericsson July 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American Plc, Capricorn Energy and Ericsson, on Monday. HIGHLIGHTS * Anglo American Plc AAL.L : Barclays raises target price to 2740p from 2600p * Capricorn Energy CNE.L : Peel Hunt raises to add from hold * Ericsson ERICb.ST : Jefferies raises target price to SEK 82 from SEK 70 * Glencore GLEN.L : Ba
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Glencore, Rio Tinto, Michelin

EUROPE RESEARCH ROUNDUP-Glencore, Rio Tinto, Michelin July 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Glencore, Rio Tinto and Michelin, on Monday. HIGHLIGHTS * Arkema SA AKE.PA : JP Morgan raises to neutral from underweight * Glencore GLEN.L : Jefferies raises target price to 600p from 550p * Michelin MICP.PA : HSBC raises to buy from hold * Pirelli & C SpA PIRC.MI : HSBC raises to buy from hold * Rio Tinto RIO.L : Jefferies
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Continental rises after brokers see margins improve in Q2

UPDATE 1-Continental rises after brokers see margins improve in Q2 Moves JP Morgan paragraph up, adds Bernstein comments in paragraph 4, updates share move in lead July 4 (Reuters) - Shares in German auto parts maker Continental CONG.DE rose a s much as 12% on Thursday after several brokers took a positive view on the future margins of the company's automotive and tire units.
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Continental up more than 10% after Citi sees margins improve in Q2

Continental up more than 10% after Citi sees margins improve in Q2 July 4 (Reuters) - Shares in German auto parts maker Continental CONG.DE rose 10.7% on Thursday after Citi upgraded the company to "buy", saying it sees upside potential for the company's automotive and tire units. The broker updated its rating after Continental's pre-close call on Wednesday.
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