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Megacap earnings loom, Japan decides, gilts wobble

MORNING BID AMERICAS-Megacap earnings loom, Japan decides, gilts wobble A look at the day ahead in U.S. and global markets from Mike Dolan Tesla's 20%-plus stock surge whets investor appetites for next week's earnings from most of the rest of the "Magnificent 7" of U.S. megacaps - with overseas markets keeping close tabs on weekend elections in Japan and next week's UK budget .
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European shares end week in the red as earnings disappoint

UPDATE 2-European shares end week in the red as earnings disappoint Mercedes car earnings plunge as China shuns luxury Electrolux slides on US woes, Chinese competition Signify shares soar as largely in-line Q3 provides relief Updated at 1603 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 25 (Reuters) - Europe's main stock index closed Friday's choppy session flat and notched weekly losses , as a handful of weak corporate earnings from auto-related companies such as Mercedes-Benz a
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Sharp swings

LIVE MARKETS-Sharp swings STOXX 600 down 0.2% Electrolux down 15%, biggest faller German Ifo sentiment data to come U.S. futures slightly higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john@thomsonreuters.com SHARP SWINGS There have been some sharp swings in the first hour of trading, as traders once again punished companies that underperformed and gave some, but as not much, credit to those that did w
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Valeo drops to bottom of SBF120 on 'unexpectedly large' sales guidance cut

BUZZ-Valeo drops to bottom of SBF120 on 'unexpectedly large' sales guidance cut ** Shares of French automotive supplier Valeo VLOF.PA drop more than 12% to the bottom of France's SBF120 index .SBF120 after it cut guidance for the second time this year ** Shares is on track for their worst day in 4.5 years, if losses hold ** Valeo sees 2024 sales at
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Europe before the bell: busy earnings, China gets the blame

LIVE MARKETS-Europe before the bell: busy earnings, China gets the blame Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john@thomsonreuters.com EUROPE BEFORE THE BELL: BUSY EARNINGS, CHINA GETS THE BLAME Futures are pointing to a fairly flat open at the index level, but with another busy day of earnings, it's really all about the single stocks.
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Valeo cuts sales guidance again as Europe's car woes worsen

UPDATE 2-Valeo cuts sales guidance again as Europe's car woes worsen Recasts headline and paragraph 1, adds 2025 outlook and quote in paragraphs 2-3 By Andrey Sychev Oct 24 (Reuters) - French automotive supplier Valeo VLOF.PA on Thursday cut its annual sales guidance for the second time this year, reflecting how hard the European auto sector is being hit by the weakening Chinese economy and uncertainty over the shift to electric cars.
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French car parts maker Valeo cuts sales guidance amidst Europe's auto woes

French car parts maker Valeo cuts sales guidance amidst Europe's auto woes Oct 24 (Reuters) - French automotive supplier Valeo VLOF.PA on Thursday cut its annual sales guidance for the second time this year, joining its European peers hit by the weakening Chinese economy. It now sees 2024 sales at 21.3 billion euros ($23 billion) versus 22 billion euros previously.
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Autos and parts to remain under pressure

LIVE MARKETS-Autos and parts to remain under pressure STOXX 600 down 0.3% L'Oreal, Akzo Nobel fall after earnings 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 AUTOS AND PARTS TO REMAIN UNDER PRESSURE Europe's autos and parts sector .SXAP , although the top gainer in Europe on Wednesday, has had a terrible few months, as waning demand and lower priced comp
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Valeo, MAHLE Expand Their Partnership On Magnet Free Electric Motors To Upper Segment Applications

BRIEF-Valeo, MAHLE Expand Their Partnership On Magnet Free Electric Motors To Upper Segment Applications Oct 14 (Reuters) - Valeo SE VLOF.PA : VALEO AND MAHLE EXPAND THEIR PRODUCT RANGE OF MAGNET FREE ELECTRIC MOTORS TO UPPER SEGMENT APPLICATIONS HAVE JOINED FORCES TO DEVELOP AN INNOVATIVE MAGNET-FREE ELECTRIC AXLE SYSTEM CARBON FOOTPRINT IS EXPECT
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China's brandy duties depress shares of makers of spirits, luxury and cars

UPDATE 2-China's brandy duties depress shares of makers of spirits, luxury and cars Recasts with more sectors impacted, updates shares, adds comments on cars sector By Leo Marchandon and Ozan Ergenay Oct 8 (Reuters) - China's provisional anti-dumping duties on brandy imports from the European Union (EU) depressed spirit makers' shares on Tuesday with knock-on effects for luxury and auto brands as concern grew Beijing could extend its trade measures.
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Clean Motion And Valeo Deepen Collaboration At Valeo New Mobility Center In Amiens

BRIEF-Clean Motion And Valeo Deepen Collaboration At Valeo New Mobility Center In Amiens Sept 27 (Reuters) - Clean Motion AB CLEMO.ST : ACCELERATION OF EVIG’S EUROPEAN ROLLOUT: CLEAN MOTION AND VALEO DEEPEN COLLABORATION AT VALEO NEW MOBILITY CENTER IN AMIENS Source text for Eikon: ID:nGNE1cpfD8 Further company coverage: CLEMO.ST (Gdansk Newsroom
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European cars' stocks slump after Mercedes' outlook cut, gloomy China forecast

BUZZ-European cars' stocks slump after Mercedes' outlook cut, gloomy China forecast Updates share move, adds .SXAP movers ** Mercedes' MBGn.DE shares fall 8% after the German carmaker cut on Thursday its FY2024 profit margin outlook ** It now expects an adjusted return on sales to be between 7.5% and 8.5% from 10% to 11% previously, citing the Chin
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BofA ups Valeo to 'buy' on expected earnings inflection

BUZZ-BofA ups Valeo to 'buy' on expected earnings inflection ** BofA Securities upgrades French car parts supplier Valeo VLOF.PA to "buy" from "neutral", turning more positive in anticipation of good financial performance ** Shares in Valeo jump about 5.4%, sitting among top performers on pan-European STOXX 600 .STOXX and France's SBF 120 .SBF120 i
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BMW shares fall after FY outlook cut, dragging peers

BUZZ-BMW shares fall after FY outlook cut, dragging peers ** Shares in BMW BMWG.DE fall around 7% to their lowest since October 2022 after the German carmaker trimmed its guidance, dragging its peers down ** BMW now expects FY EBIT margin to be in a range of 6% to 7% compared to 8% to 10% previously targeted ** Shares in Mercedes-Benz MBGn.DE , Vol
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Continental breakup tracks novel M&A route

BREAKINGVIEWS-Continental breakup tracks novel M&A route The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Neil Unmack LONDON, Aug 6 (Reuters Breakingviews) - The planned breakup of Continental CONG.DE may pave the way for a new M&A route. The 11 billion euro manufacturer is considering spinning off its struggling car parts unit, a move that will highlight the value in its healthier tyres division.
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Valeo confirms margin targets, shares jump

BUZZ-Valeo confirms margin targets, shares jump ** Shares in French car parts maker Valeo VLOF.PA rise 4.7% after it confirmed its margin targets for 2024 and 2025 on the back of H1 results, despite lowering sales target ** J.P.Morgan says Valeo is "delivering on track" with a strong set of results ** JPM says that 2024 into 2025 earnings walk is l
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France's Valeo lowers sales guidance for 2024 and 2025, but confirms margin targets

UPDATE 1-France's Valeo lowers sales guidance for 2024 and 2025, but confirms margin targets Adds CEO quote, sales figures, details and background July 25 (Reuters) - French car parts maker Valeo VLOF.PA on Thursday cut its sales guidance for 2024 and 2025, citing a slowdown in high-voltage electrification, lacklustre markets in Europe and China, and automakers postponing production launches.
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France's Valeo lowers sales guidance for 2024 and 2025, but confirms margin targets

France's Valeo lowers sales guidance for 2024 and 2025, but confirms margin targets July 25 (Reuters) - French car parts maker Valeo VLOF.PA on Thursday cut its sales guidance for 2024 and 2025, citing a slowdown in high-voltage electrification, a lacklustre market in Europe and China, and automakers postponing production launches. But it reaffirmed margin targets for both years, supported by cost-cutting measures.
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Valeo H1 EBITDA At Eur 1.38 Billion

BRIEF-Valeo H1 EBITDA At Eur 1.38 Billion July 25 (Reuters) - Valeo SE VLOF.PA : H1 TOTAL SALES EUR 11.11 BILLION VERSUS EUR 11.22 BILLION (VALEO CONSENSUS) H1 OPERATING MARGIN OF 4% VERSUS 3.6% (VALEO CONSENSUS) H1 EBITDA EUR 1.38 BILLION VERSUS 1.32 (VALEO CONSENSUS) H1 FREE CASH FLOW EUR 146 MILLION VERSUS EUR 85 MILLION (VALEO CONSENSUS) H1 ORD
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