LIVE MARKETS-Utilities: after the "Big Comeback", now what? STOXX 600 down 0.3% Oil stocks rally, Brent up $2 Airlines fall, defence rises Wall Street futures down 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 UTILITIES: AFTER THE "BIG COMEBACK", NOW WHAT?

BUZZ-Barclays names top picks for European utilities, with focus on US exposure ** Barclays remains positive on European utilities .SX6P which have rallied 12% so far in H2 2024, and adjusts its top picks to factor in "underappreciated" U.S. exposure ** It says the market is unjustly ignoring European utilities' large presence in the U.S., where data centres and AI drive sustained power demand growth ** Its top names for U.S.

UPDATE 3-Siemens to carve out EV charging business Adds further comment from Siemens in paragraphs 9-10, 13 By Marleen Kaesebier and Miranda Murray BERLIN, Sept 23 (Reuters) - Siemens SIEGn.DE plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, as it looks to grow in the rapidly evolving industry, the German conglomerate said on Monday.

BRIEF-Siemens Awarded Framework Agreement By E.ON To Supply Charging Systems And Services Sept 16 (Reuters) - SIEMENS AG SIEGn.DE : AWARDED FRAMEWORK AGREEMENT BY E.ON TO SUPPLY CHARGING SYSTEMS AND SERVICES TO DECARBONIZE ROAD TRANSPORT ACROSS EUROPE CONTRACT COVERS A TWO-YEAR TIMEFRAME Further company coverage: [SIEGn.DE] (Gdansk Newsroom)

E.ON's investment programme fully financially backed, CFO says FRANKFURT, Aug 14 (Reuters) - German utility E.ON EONGn.DE said on Wednesday that its big spending programme up to 2028 is fully covered, offering sufficient financial headroom. "Our 42-billion euros ($46.28 billion) investment programme is fully financed by internal and external financing," said Chief Financial Officer Nadia Jacobi in a call with analysts after the company presented its earnings report for the first half of the year

UPDATE 1-E.ON confirms 2024 outlook after H1 core profit falls 14% Adds context in paragraph 2, shares in paragraph 4, details on results in paragraph 5 FRANKFURT, Aug 14 (Reuters) - E.ON EONGn.DE , Europe's biggest operator of energy networks, on Wednesday confirmed its 2024 outlook after posting a 14% drop in first-half core profit, adding regulators in Germany should ensure higher returns for much-needed grid investments.

E.ON CEO calls for funding framework for private sector spend on power grids FRANKFURT, Aug 14 (Reuters) - Private sector investments in Germany's electricity networks must be incentivised by better returns, the chief executive of utility E.ON EONGn.DE , Europe's leading operator of energy networks, said on Wednesday. "Grid operators now need a long-term, but quickly effective, framework with provisions for adequate interest on spending on existing and new networks," CEO Leonhard Birnbaum said i

E.ON confirms 2024 outlook after H1 core profit falls 14% FRANKFURT, Aug 14 (Reuters) - E.ON EONGn.DE , Europe's biggest operator of energy networks, on Wednesday confirmed its 2024 outlook after posting a 14% drop in first-half core profit, adding regulators in Germany should ensure higher returns for much-needed grid investments. "Without adequate returns, it won't be possible to finance the enormous investments to expand network infrastructure.

BREAKINGVIEWS-Power grids’ low-wattage resources may spark M&A The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Aug 13 (Reuters Breakingviews) - Europe’s ageing power grids are flipping the switch on their spending. The needs of electric cars, artificial intelligence and renewable energy demand higher investments.

DIARY-Europe's STOXX 600 corporate earnings week ahead Aug 9 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 12-Aug-2024 BMO HNRGn.DE Hannover Rueck SE Q2 2024 Hannover Rueck SE Earnings Release 13-Aug-2024 NTS KGH.WA KGHM Polska Miedz SA Half Year 2024 KGHM Polska Miedz SA Earnings Release 13-Aug-2024 NTS SQN.S Swissquote Group Holding SA Half Year 2024 Swissquote Group Hol

DIARY-Germany corporate earnings week ahead Aug 9 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 12-Aug-2024 BMO HNRGn.DE Hannover Rueck SE Q2 2024 Hannover Rueck SE Earnings Release 13-Aug-2024 NTS BNRGn.DE Brenntag SE Q2 2024 Brenntag SE Earnings Release 13-Aug-2024 NTS PSHG_p.DE Porsche Automobil Holding SE Q2 2024 Porsche Automobil Holding SE Earnings Release 13-Aug-2024 05:30 HNKG_p.DE Henk

EUROPE RESEARCH ROUNDUP- Arkema, Man Group, Shell Aug 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Arkema, Man Group and Shell, on Friday. HIGHLIGHTS * Arkema SA AKE.PA : HSBC raises target price to EUR 105 from EUR 103 * Berkeley Group BKGH.L : Jefferies raises target price to 4,936p from 4,834p * Diageo Plc DGE.L : Morgan Stanley cuts target price to 2200p from 2380p * Man Group Plc EMG.L : Peel Hunt cuts to add from buy * Sh

UPDATE 1-VW's MAN and E.ON join forces to charge electric trucks Adds details throughout FRANKFURT, July 11 (Reuters) - German energy company E.ON EONGn.DE and Volkswagen subsidiary MAN VOWG.DE Truck & Bus plan to set up a pan-European electric charging network for trucks, starting this year, they said on Thursday. Europe has set itself the goal of reducing emissions from heavy commercial vehicles by 90% by 2040 compared with 2019. So far, however, zero-emission electric trucks are rare in Europ

EUROPE POWER-Spot prices mixed, with Germany up, France down FRANKFURT, July 11 (Reuters) - European prompt power prices trends were mixed on Thursday, rising in Germany on reduced solar power output expectations and falling in France on lower demand and more wind power availability. German baseload for the day-ahead TRDEBD1 gained 1.9% to 90.8 euros ($98.46) per megawatt hour (MWh) by 0955 GMT, LSEG data showed.

VW's MAN and E.ON cooperate on electric truck charging FRANKFURT, July 11 (Reuters) - German energy company E.ON EONGn.DE and Volkswagen subsidiary MAN VOWG.DE Truck & Bus on Thursday unveiled plans to set up an electric charging network for trucks in Germany and Europe, to help cut emissions and achieve environmentally sustainable logistics. While electromobility has already reached the mass market in passenger cars, zero-emission trucks with electric drive are still rare on Europe's roads.