BRIEF-Hydro: Alunorte Appeals Court Decision Over 2009 Event In Brazil July 25 (Reuters) - Norsk Hydro ASA NHY.OL : ALUNORTE APPEALS COURT DECISION OVER 2009 EVENT AT ALUNORTE, BRAZIL IN ITS RULING, COURT ORDERED ALUNORTE TO PAY A R$100 MILLION FINE Further company coverage: NHY.OL (Gdansk Newsroom)

UPDATE 2-Europe's STOXX 600 ends marginally higher on tech boost For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.1% Porsche falls after cutting sales forecast SAP hits all time-high after adjusted profit beats estimates Updated at 1600 GMT By Pranav Kashyap, Shristi Achar A and Shashwat Chauhan July 23 (Reuters) - European shares e nded a touch higher on Tuesday as a rally in technology-related shares following robust earn

LIVE MARKETS-European stocks mostly lower, Germany outperforms STOXX 600 down 0.1% Tech leads, miners lag Earnings lift SAP Wall St futures lower 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 EUROPEAN STOCKS MOSTLY LOWER, GERMANY OUTPERFORMS European equity markets are mostly lower on Tuesday, with political uncertainty and a raft of earnings keeping stocks under pressure.

BUZZ-Aluminium producer Hydro falls after Q2 earnings miss ** Shares in Norsk Hydro NHY.OL fall 5% after the Norwegian aluminium producer posts Q2 earnings below expectations ** Hydro's adjusted EBITDA came in at 5.84 billion Norwegian crowns ($532.07 million), below the forecast of 6.15 billion crowns seen in a company compiled consensus ** J.P. M

UPDATE 4-Norsk Hydro profit sinks 18% as aluminium extrusion, energy sales drop Adds CEO comments in paragraphs 8-10 By Jesus Calero July 23 (Reuters) - Profit at aluminium producer Norsk Hydro NHY.OL sank 18 % in the second quarter as extrusion volumes for the metal, energy spot sales and recycling margins all fell and fixed costs climbed, the company said on Tuesday.

BRIEF-Hydro Says Q2 Adj EBITDA Impacted By Lower Extrusions Volumes, Higher Costs July 23 (Reuters) - Norsk Hydro ASA NHY.OL : NORSK HYDRO: SOLID UPSTREAM RESULTS, MIXED MARKETS Q2 REV NOK 50,944 MLN VS NOK 49,639 MLN SEEN IN COMPANY-COMPILED CONSENSUS Q2 ADJUSTED EBITDA NEGATIVELY IMPACTED BY LOWER EXTRUSIONS VOLUMES, RECYCLING MARGINS AND ENERGY

Aluminium producer Norsk Hydro's Q2 core profit falls below expectations July 23 (Reuters) - Norwegian aluminium producer Norsk Hydro NHY.OL posted on Tuesday an 18% fall in second-quarter core profit to 5.84 billion Norwegian crowns ($533.09 million), due to lower volumes and margins, despite higher alumina prices. Analysts on average had expected it to report a core profit of 6.15 billion crowns, according to a company compiled consensus.

UPDATE 7-Porsche cuts forecasts due to alloy shortage, shares fall Updates Novalis statement By Victoria Waldersee July 23 (Reuters) - Porsche AG P911_p.DE cut its sales and profit outlook on Tuesday due to an unexpected aluminium alloy supply shortage, sending the German company's shares down 4% to the bottom of Frankfurt's blue-chip index. Flooding at an unspecified European contractor has hurt supply of aluminium alloy, the luxury sports car maker said, affecting production of all its models

DIARY-Nordic corporate earnings week ahead July 19 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 23-Jul-2024 05:00 NHY.OL Norsk Hydro ASA Q2 2024 Norsk Hydro ASA Earnings Release 23-Jul-2024 05:00 VAR.OL Var Energi ASA Q2 2024 Var Energi ASA Earnings Release 24-Jul-2024 NTS EQNR.OL Equinor ASA Q2 2024 Equinor ASA Earnings Release 25-Jul-2024 NTS SUBC.OL Subsea 7 SA Q

BRIEF-Fatality At Hydro's Joint Venture Albras July 10 (Reuters) - Norsk Hydro ASA NHY.OL : FATALITY AT HYDRO’S JOINT VENTURE ALBRAS A CONTRACTOR PASSED AWAY FOLLOWING ACCIDENT Further company coverage: NHY.OL (Gdansk Newsroom)

BRIEF-Hydro And Porsche Launch Business Model For Low-Carbon Aluminium Supplies July 10 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO AND PORSCHE ACCELERATE COLLABORATION, LAUNCH NEW BUSINESS MODEL FOR LOW-CARBON ALUMINIUM SUPPLIES Further company coverage: NHY.OL (Gdansk Newsroom)

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p

EUROPE RESEARCH ROUNDUP-Burberry, Hill & Smith, Legal & General June 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Hill & Smith and Legal & General, on Wednesday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 1,100p from 1,200p * Future Plc FUTR.L : Jefferies raises to buy from underperform * Hill & Smith HILS.L : Jefferies raises target price to 2,340p from 2,320p * Legal & General LGEN.L : HSBC cuts to ho

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw

BUZZ-Top of the Street: Norsk Hydro, National Grid, Telefonica, Tritax Big Box A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank cuts Spanish telecom group Telefonica TEF.MC to "sell" from "neutral", citing weak domestic fundamentals and high stock valuation ** Goldman Sachs raises British utility National Grid NG.L to "buy" from "neutral", saying that growing power demand could drive an upside as investments into power networks continue to b

BUZZ-GS initiates Norsk Hydro with 'buy' on investment strategy ** Goldman Sachs initiates Norsk Hydro NHY.OL with "buy", citing the Norwegian group's unique position as a full-cycle aluminium maker and its focus on expanding its end-user market reach ** GS says Hydro is positioning itself as a sector leader, as it invests in high-profit niche extr

BRIEF-Hydro Plans New Hydropower Plant In Årdal Municipality June 13 (Reuters) - Norsk Hydro ASA NHY.OL : IS PLANNING NEW HYDROPOWER PLANT IN ÅRDAL MUNICIPALITY TOTAL INVESTMENT COULD BE UP TO NOK 290 MILLION, WITH POSSIBLE START OF CONSTRUCTION IN 2027 AT THE EARLIEST POWER PLANT COULD PROVIDE APPROX. 30 GWH OF ELECTRICITY, WHICH CORRESPONDS TO

EUROPE RESEARCH ROUNDUP-Abrdn Plc, Crest Nicholson Holdings, Paragon Banking June 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Abrdn Plc, Crest Nicholson Holdings and Paragon Banking, on Thursday. HIGHLIGHTS * Abrdn Plc ABDN.L : Jefferies assumes coverage with hold rating; price target 155p vs 180p * Crest Nicholson Holdings Plc CRST.L : Jefferies raises target price to 265p from 237p * Frontier Developments Plc FDEV.L : Deut

BRIEF-Moody’s Upgrades Rating Of Hydro To BAA2 June 10 (Reuters) - Norsk Hydro ASA NHY.OL : MOODY’S UPGRADES RATING OF NORSK HYDRO ASA TO BAA2 WITH STABLE OUTLOOK Source text: https://www.hydro.com/no-NO/media/news/2024/moodys-upgrades-rating-of-norsk-hydro-asa-to-baa2-with-stable-outlook/ Further company coverage: NHY.OL (Gdansk Newsroom)

BRIEF-Hydro Rein Expands Wind Power Development Activities To Northern Sweden June 4 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO REIN EXPANDS WIND POWER DEVELOPMENT ACTIVITIES TO NORTHERN SWEDEN PARTNERING WITH PAJALA ALMÄNNING TO DEVELOP A LARGE SCALE WIND POWER PROJECT IN THIS AREA PARTIES HAVE SIGNED A LAND LEASE AGREEMENT FOR THE DEVELOPMENT OF