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JPM downgrades Siemens Energy as Gamesa concerns weigh

BUZZ-JPM downgrades Siemens Energy as Gamesa concerns weigh ** J.P.Morgan downgrades Siemens Energy ENR1n.DE to "underweight" from "neutral" following numerous profit warnings related to struggling wind turbine business Siemens Gamesa ** It underscores uncertainty around Gamesa, where it sees losses of around 7.4 bln euros ($8 bln) in 2023-2025 vs
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'Cash is king' - JPM cuts Alstom to 'neutral'

BUZZ-'Cash is king' - JPM cuts Alstom to 'neutral' Adds bullet on JPM downgrading peer Stadler ** J.P. Morgan downgrades Alstom to "neutral" from "overweight", and cuts TP by 20% to 14.4 euros, pointing to doubts around the train maker's cash generation impacting earnings ** Alstom's 2 billion euro ($2.16 billion) plan to raise cash from asset sale
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'Cash is king' - JPM cuts Alstom to 'neutral'

BUZZ-'Cash is king' - JPM cuts Alstom to 'neutral' ** J.P. Morgan downgrades Alstom to "neutral" from "overweight", and cuts TP by 20% to 14.4 euros, pointing to doubts around the train maker's cash generation impacting earnings ** Alstom's 2 billion euro ($2.16 billion) plan to raise cash from asset sales, quasi equity and a potential capital incr
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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

FOCUS-Fear of cheap Chinese EVs spurs automaker dash for affordable cars By Nick Carey and Paul Lienert LONDON/DETROIT, Dec 8 (Reuters) - The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned.
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Capital clarity would speed up Alstom’s journey

BREAKINGVIEWS-Capital clarity would speed up Alstom’s journey The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon LONDON, Dec 7 (Reuters Breakingviews) - Alstom ALSO.PA is trying too hard to spare its shareholders from further pain. Its shares have fallen 50% since CEO Henri Poupart-Lafarge warned on Oct.
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