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Anglo American, Munich Re, Stora Enso Oyj

EUROPE RESEARCH ROUNDUP-Anglo American, Munich Re, Stora Enso Oyj Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Munich Re and Stora Enso Oyj , on Friday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2150p from 2200p * Brooks MacDonald Group Plc BRK.L : Peel Hunt cuts to add from buy * DSV DSV.CO : HSBC raises to buy from hold * Munich Re MUVGn.DE : Berenberg cuts to hold for buy * Stora
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US natural gas stockpiles seen up 60 bcf last week

RPT-POLL-US natural gas stockpiles seen up 60 bcf last week Repeats POLL originally published on Oct 23, no changes. Oct 23 (Reuters) - U.S. utilities likely added a smaller-than-usual 60 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 81 bcf during the same week a year ago and a five-year (2019-2023) average increase of 76 bcf for this time of year.
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Adecco, Bodycote, LVMH

EUROPE RESEARCH ROUNDUP-Adecco, Bodycote, LVMH Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco, Bodycote and LVMH, on Wednesday. HIGHLIGHTS * Adecco ADEN.S : Deutsche Bank raises to buy from hold * Bodycote Plc BOY.L : JP Morgan cuts target price to 670p from 750p * DNB Bank ASA DNB.OL : JP Morgan raises target price to NOK 230 from NOK 220 * Fabege AB FABG.ST : Kepler Cheuvreux raises to buy from hold * LVMH LVMH.PA
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French gas supplies sufficient for cold winter, say grid operators

French gas supplies sufficient for cold winter, say grid operators By Forrest Crellin PARIS, Oct 23 (Reuters) - France has enough gas to handle an extremely cold winter, helped by imports from other European countries, though demand saving measures are still recommended for residential consumers, gas grid operators GRTgaz and Terega said on Wednesday.
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Eletrobras, Ocean Winds agree to assess offshore wind projects in Brazil

Eletrobras, Ocean Winds agree to assess offshore wind projects in Brazil SAO PAULO, Oct 22 (Reuters) - Brazilian power firm Eletrobras ELET3.SA has signed a memorandum of understanding with Ocean Winds to study the development of offshore wind farms in Brazil, the firms said on Tuesday in a joint statement. WHY IT'S IMPORTANT Offshore wind farms are expected to be an important technology to generate large volumes of renewable energy in Brazil in the future.
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Engie To Acquire Biomethane Production Unit In Belgium

BRIEF-Engie To Acquire Biomethane Production Unit In Belgium Oct 15 (Reuters) - Engie SA ENGIE.PA : ENGIE STRENGTHENS ITS PRESENCE IN BIOMETHANE IN EUROPE WITH THE ACQUISITION OF ITS FIRST PRODUCTION UNIT IN BELGIUM ACQUISITION WILL CONTRIBUTE TO ENGIE'S OBJECTIVE OF PRODUCING 10 TWH OF BIOMETHANE PER YEAR BY IN EUROPE Source text: https://tinyurl.
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Main spending cuts and tax increases in France's 2025 budget

FACTBOX-Main spending cuts and tax increases in France's 2025 budget PARIS, Oct 10 (Reuters) - France's government presented on Thursday its 2025 budget aimed at plugging a gaping hole in the public finances with 60 billion euros ($65.68 billion) worth of tax hikes and spending cuts. The following are the main measures: SPENDING CUTS The French government will cut 2,200 jobs.
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Utilities: after the "Big Comeback", now what?

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?
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DB resumes coverage of European utilities with neutral sector view

BUZZ-DB resumes coverage of European utilities with neutral sector view ** Deutsche Bank says a recovery in European utility stocks has narrowed their 15% underperformance vs wider market to just 2%, leaving the broker neutral on the sector ** "The rally and modest earnings upgrades means that the sector is again closer to its long-run norm: P/E pa
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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French Prime Minister vows to continue with investments in nuclear energy

French Prime Minister vows to continue with investments in nuclear energy PARIS, Oct 1 (Reuters) - France will pursue making investments in the nuclear energy sector, including new EPR reactors, French Prime Minister Michel Barnier said in a keynote speech to parliament on Tuesday. "We will be resolute in our pursuit of developing nuclear energy, especially regarding new reactors and renewable energy," said Barnier.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 1 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ALTAREA IMAF.PA The property developer completed a 300 million euro ($334.23 million) bond issue. CASINO CASP.PA The supermarket chain will present a new strategy in November.
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Engie To Build And Operate Around 1,000 KM Of Transmission Lines In Brazil

BRIEF-Engie To Build And Operate Around 1,000 KM Of Transmission Lines In Brazil Sept 30 (Reuters) - Engie SA ENGIE.PA : ENGIE WINS NEW CONCESSION TO BUILD AND OPERATE AROUND 1,000 KM OF TRANSMISSION LINES IN BRAZIL THE WINNING BID FOR LOT 1 OFFERED A FINAL ANNUAL ALLOWED REVENUE OF R$ 252.2 MILLION Source text for Workspace: ID:nNDL42Nkw6 Further
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 30 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. FRENCH POLITICS France's new Prime Minister Michel Barnier is considering a temporary increase in corporate tax on the country's biggest companies as well as a tax on share buybacks, Le Monde newspaper reported on Sunday.
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Engie the big winner of Brazil's second power transmission auction of 2024

Engie the big winner of Brazil's second power transmission auction of 2024 SAO PAULO, Sept 27 (Reuters) - Engie Brasil EGIE3.SA was the big winner of a power transmission auction held by Brazil on Friday, securing a contract to build transmission lines and substations in five states with investments of 2.9 billion reais ($533.8 million). This was Brazil's second power transmission auction this year, part of government efforts to expand and strengthen the national electricity grid as both power g
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US natural gas stockpiles seen up 53 bcf last week

RPT-POLL-US natural gas stockpiles seen up 53 bcf last week Repeats POLL originally published on Sept 25, no changes Sept 25 (Reuters) - U.S. utilities likely added a smaller-than-usual 53 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 82 bcf during the same week a year ago and a five-year (2019-2023) average increase of 88 bcf for this time of year.
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US natural gas stockpiles seen up 53 bcf last week

POLL-US natural gas stockpiles seen up 53 bcf last week Sept 25 (Reuters) - U.S. utilities likely added a smaller-than-usual 53 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 82 bcf during the same week a year ago and a five-year (2019-2023) average increase of 88 bcf for this time of year.
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French utility ENGIE proposes Catherine MacGregor's reappointment as CEO

BRIEF-French utility ENGIE proposes Catherine MacGregor's reappointment as CEO Sept 24 (Reuters) - Engie SA ENGIE.PA : ENGIE'S BOARD OF DIRECTORS PROPOSES CATHERINE MACGREGOR'S REAPPOINTMENT AS CHIEF EXECUTIVE OFFICER BOARD THEREBY REAFFIRMS ITS SUPPORT AND CONFIDENCE IN CATHERINE MACGREGOR TO PURSUE GROUP'S TRANSFORMATION STRATEGY. Further company
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European utilities slide as investors reposition after Fed cuts

European utilities slide as investors reposition after Fed cuts By Alban Kacher Sept 19 (Reuters) - The European utilities sector slid on Thursday, as investors moved to less defensive stocks after the U.S. Federal Reserve cut interest rates by 50 basis points on Wednesday. The STOXX 600 Utilities Index .SX6P , which tracks the performance of European utility companies, recorded a 1.8% drop as of 0408 GMT.
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Belgian nuclear power reactor outages

TABLE-Belgian nuclear power reactor outages Revises end date for DOEL 4 outage under reactors out of service Sept 13 (Reuters) - Belgium has seven nuclear power reactors with a combined capacity of almost 6 gigawatts, which are operated by Electrabel, part of France's Engie (formerly known as GDF Suez). Nuclear power plants regularly stop production for maintenance or to refuel.
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