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Subsea


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BNP sees growing challenges for oil sector, downgrades Subsea 7

BUZZ-BNP sees growing challenges for oil sector, downgrades Subsea 7 ** Exane BNP Paribas warns of the impact of peaking demand, increasing supply and the return of spare capacity from OPEC+ on the oil sector, as it cites the latest medium-term outlook from the International Energy Agency ** OPEC+ plans to gradually increase oil production by 2.2 m
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Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7

BUZZ-Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7 A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays downgrades Burberry BRBY.L and Gucci owner Kering PRTP.PA to "underweight" from "equal weight" as it expects the weakness in the China market to affect the luxury groups in a long term ** Barclays cuts Nestle NESN.S to "equal weight" from "overweight" saying a near-term recovery is unlikely for the Swiss chocolate maker ** C
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Accelleron, BHP, Kingfisher

EUROPE RESEARCH ROUNDUP-Accelleron, BHP, Kingfisher Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Accelleron, BHP and Kingfisher, on Wednesday. HIGHLIGHTS * Accelleron ACLN.S : Deutsche Bank raises target price to CHF 42 from CHF 34 * BHP Group BHPB.L : JP Morgan cuts target price to 2,580p from 2,650p * Kingfisher KGF.L : Citigroup cuts to neutral from buy * Vonovia SE VNAn.DE : Citigroup raises target price to EUR 52.80 f
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Subsea 7 Gets Contract On Gulf Of Mexico Project

BRIEF-Subsea 7 Gets Contract On Gulf Of Mexico Project Aug 16 (Reuters) - Subsea 7 SA SUBC.OL : AWARDED CONTRACT ON GULF OF MEXICO PROJECT AWARD OF A SIZEABLE CONTRACT IN US GULF OF MEXICO DEFINES A SIZEABLE CONTRACT AS BEING BETWEEN USD 50 MILLION AND USD 150 MILLION Further company coverage: SUBC.OL (Gdansk Newsroom)
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Norwegian oil investments to hit record high as inflation drives up costs

UPDATE 2-Norwegian oil investments to hit record high as inflation drives up costs Statistics office compiles oil, gas investment survey Norway oil investments to hit record NOK 257 bln in 2024 Adds graphic, comments from stats office in paragraphs 5, 9 and background in paragraphs 2 and 10-12 OSLO, Aug 15 (Reuters) - Norwegian oil and gas investments are expected to hit a record this year and stay at elevated levels in 2025, driven by ongoing field developments and rising inflation, a national
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Norwegian oil companies to further increase oil investments

Norwegian oil companies to further increase oil investments OSLO, Aug 15 (Reuters) - Norwegian oil and gas investments are expected to hit a record this year and to stay high in 2025, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest an all-time-high 257 billion Norwegian crown
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Energy equipment: your next best energy transition play?

LIVE MARKETS-Energy equipment: your next best energy transition play? STOXX 600 down 0.4% SocGen leads banks lower Eyes on BOE policy decision Wall St futures edge up 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 ENERGY EQUIPMENT: YOUR NEXT BEST ENERGY TRANSITION PLAY?
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Bodycote, Croda, Spectris

EUROPE RESEARCH ROUNDUP- Bodycote, Croda, Spectris July 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bodycote, Croda and Spectris, on Wednesday. HIGHLIGHTS * Bodycote Plc BOY.L : HSBC cuts target price to 940p from 950p * Bucher Industries AG BUCN.S : Berenberg cuts target price to CHF 464 from CHF 470 * Croda CRDA.L : HSBC cuts target price to 4400p from 4800p * Spectris Plc SXS.L : JP Morgan raises target price to 2,950p fr
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Subsea 7 Gets Sizeable Contract By BP To Subsea Integration Alliance

BRIEF-Subsea 7 Gets Sizeable Contract By BP To Subsea Integration Alliance July 29 (Reuters) - Subsea 7 SA SUBC.OL : AWARD OF A SIZEABLE CONTRACT BY BP TO SUBSEA INTEGRATION ALLIANCE DEFINES A SIZEABLE CONTRACT AS BEING BETWEEN USD 50 MILLION AND USD 150 MILLION SAYS FABRICATION OF PIPELINES WILL TAKE PLACE AT SUBSEA7'S SPOOLBASE AT VIGRA, NORWAY A
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead July 26 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 29-Jul-2024 BMO PSON.L Pearson PLC Half Year 2024 Pearson PLC Earnings Release 30-Jul-2024 22:30 RIO.L RIO.AX Rio Tinto PLC Rio Tinto Ltd Half Year 2024 Rio Tinto PLC Earnings Release 30-Jul-2024 NTS FRES.L Fresnillo PLC Half Year 2024 Fresnillo PLC Earnings Release 30-Jul-2024 NTS BP.L BP PLC Q2 2024 BP PLC Earn
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Subsea 7 rises after guidance hike, record order intake in Q2

BUZZ-Subsea 7 rises after guidance hike, record order intake in Q2 ** Shares in Subsea 7 SUBC.OL rise around 3% after the Norwegian offshore provider raised its FY guidance and posted a record backlog level at the end of Q2 ** "Q2 order intake was a huge new record," Jefferies notes, saying the backlog increased 20% q/q to $12.5 bln, rising above t
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Subsea 7 Hikes 2024 Outlook

BRIEF-Subsea 7 Hikes 2024 Outlook July 25 (Reuters) - Subsea 7 SA SUBC.OL : 2024 REVENUE OUTLOOK: FROM $6.5 TO $6.8 BILLION (PREVIOUS VIEW $6.0-$6.5 BILLION) 2024 EBITDA OUTLOOK: $1,000 AND $1,050 MILLION (PREVIOUS VIEW FROM $950 MILLION TO $1.0 BILLION) 2025 ADJUSTED EBITDA MARGIN IS EXPECTED TO BE WITHIN AN 18 TO 20% RANGE (UNCHANGED) WE EXPECT M
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Nordic corporate earnings week ahead

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
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ΑΝΑΚΟΙΝΩΣΗ-Attica Bank- Δεσμευτική συμφωνία για συγχώνευση με Παγκρήτια

ΑΝΑΚΟΙΝΩΣΗ-Attica Bank- Δεσμευτική συμφωνία για συγχώνευση με Παγκρήτια Αθήνα, 18.07.2024 Θέμα: Ενημέρωση για Συμφωνία Μετόχων Σε συνέχεια των πρόσφατων ανακοινώσεων η Attica Bank (η «Τράπεζα») ενημερώνει το επενδυτικό κοινό για τα ακόλουθα: Η Τράπεζα ενημερώθηκε εγγράφως από το Ταμείο Χ
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Barclays upbeat on European energy services; picks Tecnicas, Saipem, TGS

BUZZ-Barclays upbeat on European energy services; picks Tecnicas, Saipem, TGS ** Barclays keeps a positive look on European energy services ahead of Q2 results, saying it prefers "overweight" rated Tecnicas Reunidas TRE.MC , Saipem SPMI.MI and TGS TGS.OL ** It says Tecnica's ambitious margin expectations are likely to see further traction, while Sa
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Air France-KLM, Shell, Watches of Switzerland

EUROPE RESEARCH ROUNDUP-Air France-KLM, Shell, Watches of Switzerland June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air France-KLM, Shell and Watches of Switzerland, on Friday. HIGHLIGHTS * Air France-KLM AIRF.PA : Barclays cuts to equal-weight from overweight * BP BP.L : Jefferies raises target price to 590p from 580p * Liontrust Asset Management Plc LIO.L : Peel Hunt cuts to hold from buy * Shell Plc SHEL.L : Jefferies
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Burberry, Hill & Smith, Legal & General

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
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listed cosmetic chain Sa Sa hits 4-week peak on strong earnings

BUZZ-HK-listed cosmetic chain Sa Sa hits 4-week peak on strong earnings ** Shares of cosmetic and skincare products chain operator Sa Sa International Holdings 0178.HK jump 10.5% to HK$0.84, their highest since May 21, and on track for a third consecutive session of gain ** Stock on course for biggest one-day pct rise since Feb. 22, if trend holds
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Hargreaves Lansdown, Segro, Umicore

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Segro, Umicore June 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hargreaves Lansdown, Segro and Umicore, on Wednesday. HIGHLIGHTS * GEA Group AG G1AG.DE : Jefferies raises to buy from hold * Hargreaves Lansdown HRGV.L : Jefferies cuts to hold from buy * Oxford Instruments OXIG.L : Berenberg raises target price to 2,945p from 2,640p * Segro SGRO.L : Jefferies cuts to hold from buy *
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