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Umicore profit slumps on weak EV demand, takes 1.6 billion euro writedown

UPDATE 4-Umicore profit slumps on weak EV demand, takes 1.6 billion euro writedown EBITDA 393 mln euros vs consensus 398.5 mln Launches review of its business Shelves investment in battery recycling plant Slower EV demand impacts sales Adds Canada finance minister's comment in paragraph 4 By Mathias de Rozario and Olivier Sorgho July 26 (Reuters) - Metals recycling group Umicore UMI.BR reported on Friday a 24% fall in half-year core profit and booked a 1.6 billion euro impairment for its battery
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B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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Europe's STOXX 600 ends marginally higher on tech boost

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
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European stocks mostly lower, Germany outperforms

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.
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SAP shares at all-time high after adjusted profit beats market view

UPDATE 1-SAP shares at all-time high after adjusted profit beats market view Updates after market opening By Ludwig Burger FRANKFURT, July 23 (Reuters) - Shares in SAP SAPG.DE rose as much as 7% to reach an all-time high on Tuesday after Europe's largest software maker reported better-than-expected quarterly operating income, buoyed by revenue growth and intensified cost-cutting .
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