Hints and tips:
...Bank of Australia interest rate announcement EU: December retail sales figures Germany: January factory orders data UK: BRC-KPMG Retail Sales Monitor, plus S&P Global construction PMI data Results: Alfa-Laval...
...Q3 trading update, UniCredit Q3, Verizon Communications Q3, Visa Q4, Zegna Q3 Wednesday Canada: Interest rate decision Germany: Ifo Business Climate Index US: New home sales Results: Akzo Nobel Q3, Alfa-Laval...
...Sweden’s Alfa Laval and Wallenius, which is headquartered in Norway, have more ambitious plans....
...Instead, chief executive Pasi Laine evidently hopes to drive Alfa-Laval away and transact a merger with Neles paid for mainly in shares....
...Feeding the twin 800-horsepower Man engines is an Alfa Laval centrifuge running at 20,000 revolutions a minute to purify the questionable diesel you might take on at a questionable port....
...Truckmaker Volvo Group, industrial groups Alfa-Laval, Trelleborg and SKF, and medical technology company Getinge all posted drops in second-quarter profits but beat consensus analyst forecasts....
...(Law.com) SiriusXM to buy Stitcher podcasting unit from Scripps (WSJ) Roger Jenkins received £50m exit payout from Barclays (FT) Alfa Laval makes $2bn bid for Finland's Neles, biggest owner sceptical...
...● In brief: Alfa Laval cut to “neutral” at Credit Suisse and to “hold” at Jefferies; Bobst rated new “buy” at Berenberg; Bonava cut to “reduce” at Kepler Cheuvreux; IWG upgraded to “buy” at Stifel; Kuehne...
...● In brief: Alfa-Laval cut to “equal-weight” at Morgan Stanley; Alstom upgraded to “buy” at Merrill Lynch; Clipper Logistics rated new “buy” at Berenberg; Cosmo rated new “hold” at Stifel; DFS Furniture...
...Similarly Alfa Laval has relatively broad exposure with associated service revenues....
...● In brief: Alfa-Laval cut to “hold” at Kepler Cheuvreux; Alstom upgraded to “buy” at Berenberg; Amplifon downgraded to “hold” at Kepler Cheuvreux; Bank of Ireland raised to “buy” at HSBC; Daimler raised...
...● In brief: Aegon cut to “sell” at Citigroup; Alfa-Laval upgraded to “buy” at Pareto Securities; Axa upgraded to “buy” at Citigroup; Bulten cut to “hold” at Kepler Cheuvreux; BNP Paribas rated “underweight...
...at JPMorgan Cazenove; Ageas upgraded to “overweight” at JPMorgan; Whitbread upgraded to “neutral” at Citigroup; LVMH downgraded to “hold” at Société Générale; Uniqa downgraded to “neutral” at JPMorgan; Alfa-Laval...
...Playtech downgraded to “equal weight” at Morgan Stanley; Faroe Petroleum raised to “buy” at Peel Hunt; GB Group rated new “buy” at Jefferies; Ageas and Generali cut to “underperform” at Credit Suisse; Alfa-Laval...
...Alfa-Laval, the Swedish engineering group, was among the Stoxx 600’s best performers after its second-quarter results beat forecasts on an acceleration of order growth....
...Alfa Laval will acquire the company from the Mohn family’s investment company Wimoh and pay in cash....
...Last year Alfa Laval achieved sales of nearly SKr30bn. Shares in Alfa Laval later fell back to SKr183.3, up 3 per cent on the day, valuing its equity at SKr77bn....
...The two companies will be incorporated into FCA, legally based in the Netherlands, completing a five-year process....
...The UK Privy Council, which has jurisdiction over the principal case because of a holding company incorporated in the British Virgin Islands, awarded Cukurova the right to redeem its controlling Turkcell...
...The UK court, which handled the appeal since it concerns a Çukurova subsidiary incorporated in the British Virgin Islands, found otherwise....
...Alfa-Laval was the best single gain on the cross-continental index after it reported a record order intake in the fourth quarter....
...L1, incorporated in the UK, is a subsidiary of Luxembourg-based LetterOne, which manages foreign assets of $29bn for Alfa Group – Russia’s biggest financial and industrial investment company, which Mr Fridman...
...Alfa said it was considering the implications of the Privy Council ruling....
...The Privy Council delivered the final verdict in the case because it concerns a Cukurova subsidiary incorporated in the British Virgin Islands....
...Fiat, which fully acquired Chrysler in January, said it would be rebranded under a new holding company incorporated in the Netherlands known as Fiat Chrysler Automobiles, or FCA for short....
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