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Norway's Hydro says Northvolt no longer financing Hydrovolt

UPDATE 3-Norway's Hydro says Northvolt no longer financing Hydrovolt Hydro says Northvolt no longer financing Hydrovolt JV Hydro's stake in Hydrovolt now at 62%, up from 50% Hydrovolt recycles batteries Adds Northvolt comment in paragraph 6, graphic By Marie Mannes STOCKHOLM, Oct 31 (Reuters) - Norway's Hydro NHY.OL said on Thursday it is now solely financing the Hydrovolt battery recycler which it set up with joint venture partner Sweden's Northvolt.
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Norway's Hydro says Northvolt no longer involved in Hydrovolt financing

Norway's Hydro says Northvolt no longer involved in Hydrovolt financing STOCKHOLM, Oct 31 (Reuters) - Norway's Hydro NHY.OL said on Thursday it is now the sole company financing the Hydrovolt battery recycler, while its partner in the joint venture, Sweden's Northvolt, is no longer involved in paying for the operations. Reporting by Marie Mannes, w
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Arkema, Flatexdegiro, Mediobanca

EUROPE RESEARCH ROUNDUP-Arkema, Flatexdegiro, Mediobanca Oct 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Flatexdegiro and Mediobanca, on Thursday. HIGHLIGHTS * Arkema SA AKE.PA : Berenberg raises to buy from hold * Flatexdegiro AG FTKn.DE : Goldman Sachs raises to buy from neutral * Mediobanca MDBI.MI : Deutsche Bank raises to hold from sell * Orsted ORSTED.CO : Deutsche Bank cuts to hold from buy * Syensqo NV SYENS.
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Hydro's Reorganization Plan For Markbygden Ett Approved In Umeå District Court

BRIEF-Hydro's Reorganization Plan For Markbygden Ett Approved In Umeå District Court Oct 29 (Reuters) - Norsk Hydro ASA NHY.OL : REORGANIZATION PLAN FOR MARKBYGDEN ETT AB APPROVED IN UMEÅ DISTRICT COURT HYDRO HAS AGREED TO A SETTLEMENT FOR LONG-TERM POWER PURCHASE AGREEMENT (PPA) WITH COMPANY IN SETTLEMENT, HYDRO IS ENTITLED TO A COMPENSATION OF
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Hydro cuts stake in Vianode battery materials company and halts funding

UPDATE 2-Hydro cuts stake in Vianode battery materials company and halts funding Adds that Altor declined to comment, paragraph 5 COPENHAGEN, Oct 24 (Reuters) - Norwegian metals maker Hydro NHY.OL will reduce its stake in graphite materials company Vianode and stop providing funding for the group, it said on Thursday, joining other Nordic companies in scaling back their battery making ambitions.
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Europe before the bell: Tesla and other earnings for breakfast

LIVE MARKETS-Europe before the bell: Tesla and other earnings for breakfast 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 EUROPE BEFORE THE BELL: TESLA AND OTHER EARNINGS FOR BREAKFAST European shares were set for a minor gains at the open on Thursday on very busy day for earnings, as a strong sales forecast from Tesla TSLA.O that sent its shares rallying offset uncertainty ove
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Norsk Hydro: Downstream Aluminium Market Continued To Be Challenged By Weak Demand

BRIEF-Norsk Hydro: Downstream Aluminium Market Continued To Be Challenged By Weak Demand Oct 24 (Reuters) - Norsk Hydro ASA NHY.OL : NORSK HYDRO: STRONG UPSTREAM RESULTS, BUILDING DOWNSTREAM ROBUSTNESS Q3 ADJUSTED EBITDA NOK 7,367 MILLION VERSUS NOK 7,264 MILLION SEEN IN COMPANY-COMPLIED CONSENSUS ADJUSTED EBITDA POSITIVELY IMPACTED BY HIGHER ALUMI
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Hydro Reduces Ownership In Vianode

BRIEF-Hydro Reduces Ownership In Vianode Oct 24 (Reuters) - Norsk Hydro ASA NHY.OL : REG-HYDRO REDUCES OWNERSHIP IN VIANODE TO REDUCE ITS OWNERSHIP IN SYNTHETIC GRAPHITE PRODUCER VIANODE, BASED IN NORWAY, FROM 30 TO 19.9 PERCENT. AGREED WITH ALTOR TO CANCEL PUT OPTION AND HAS FURTHER SOLD 10.1 PERCENT OF VIANODE TO ALTOR REMAINING SHAREHOLDING IS 19.9 PERCENT AND HYDRO WILL STEP DOWN FROM BOARD OF DIRECTORS OF VIANODE HYDRO AND ALTOR HAVE A MUTUAL PUT/CALL OPTION FOR REMAINING 19.9 PERCENT OF SH
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Norsk Hydro core profit rises slightly more than expected

UPDATE 3-Norsk Hydro core profit rises slightly more than expected Adjusted EBITDA 7.37 bln crowns, slightly ahead of expectations Extrusions volumes fall, especially in North America and Europe Shares rise 1.6% in early trade Adds share move in paragraph 10, analyst comments in paragraphs 11-12 By Jesus Calero Oct 24 (Reuters) - Norwegian aluminium producer Norsk Hydro NHY.OL reported a slightly bigger-than-expected rise in its third-quarter core profit on Thursday, supported by higher aluminiu
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Aluminium producer Norsk Hydro's Q3 core profit rises

Aluminium producer Norsk Hydro's Q3 core profit rises Oct 24 (Reuters) - Norwegian aluminium producer Norsk Hydro NHY.OL reported a slightly bigger-than-expected rise in third-quarter core profit on Thursday, helped by higher aluminium and alumina prices, lower raw material costs and positive currency effects. Reporting by Jesus Calero; Editing by
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Barclays sees decent Q4 with seasonality tailwinds for European miners

BUZZ-Barclays sees decent Q4 with seasonality tailwinds for European miners ** Barclays says European miners could have a decent Q4 with seasonality tailwinds, near-term support for base metals from potential China stimulus and global rate cuts ** Any benefits from Chinese stimulus are likely to be felt in a (modest) acceleration in base metals demand from accelerating the equipment/appliance upgrading program, with steel & iron ore demand largely unchanged, it says ** Global central banks movin
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Adidas AG, Covivio SA, L'Oreal

EUROPE RESEARCH ROUNDUP-Adidas AG, Covivio SA, L'Oreal Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas AG, Covivio SA and L'Oreal, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : RBC raises target price to EUR 265 from EUR 260 * Covivio SA CVO.PA : JP Morgan raises to overweight from neutral * L'Oreal OREP.PA : JP Morgan cuts to underweight from neutral * OCI NV OCI.AS : JP Morgan cuts to neutral from overweight * Wizz
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Hydro Energi Signs Long-Term Power Purchase Agreement With Skellefteå Kraft

BRIEF-Hydro Energi Signs Long-Term Power Purchase Agreement With Skellefteå Kraft Oct 16 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO ENERGI AS HAS SIGNED A LONG-TERM POWER PURCHASE AGREEMENT (PPA) WITH SKELLEFTEÅ KRAFT AB FOR THE ACCUMULATED DELIVERY OF 2 TWH TO HYDRO’S NORWEG ..., OCTOBER 16, 2024 AGREEMENT SECURES A TOTAL OF 2 TWH FROM SKELLEF
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JPM says US election risk not yet reflected in metal prices

BUZZ-JPM says US election risk not yet reflected in metal prices ** J.P.Morgan says that while industrial metal prices have priced in China's monetary policy easing, they do not yet reflect tariff risks if Donald Trump wins the U.S. presidential election ** It points to the previous Trump administration's trade protectionism and the 25% tariffs on U.S.
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Citi sees operational recovery for European metals & mining in Q3

BUZZ-Citi sees operational recovery for European metals & mining in Q3 ** Citi expects Q3 production results from European metals & mining companies to reflect the start of an operational recovery after a weak first half of the year ** It sees small recovery in iron ore and copper production and flattish coal production, while diamonds and platinum
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Imperial Brands, Kingfisher, Nestle SA

EUROPE RESEARCH ROUNDUP-Imperial Brands, Kingfisher, Nestle SA Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Imperial Brands , Kingfisher and Nestle SA, on Wednesday. HIGHLIGHTS * Aixtron AIXGn.DE : Deutsche Bank cuts to hold from buy * ING INGA.AS : Deutsche Bank cuts to hold from buy * Imperial Brands IMB.L : JP Morgan raises target price to 2,600p from 2,250p * Kingfisher KGF.L : HSBC raises target price to 360p from 305
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Hydro And Vaan Yachts BV Renew Partnership

BRIEF-Hydro And Vaan Yachts BV Renew Partnership Oct 9 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO AND DUTCH YACHT BUILDER VAAN YACHTS BV HAVE RENEWED THEIR PARTNERSHIP HYDRO AND VAAN HAVE SIGNED A LETTER OF INTENT TO DEVELOP SHEET MATERIAL FOR VAAN'S PREMIUM CATAMARANS Source text for Eikon: [ID:] Further company coverage: NHY.OL (Gdansk Newsroom)
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European metal and mining stocks slip on China stimulus disappointment

BUZZ-European metal and mining stocks slip on China stimulus disappointment ** Shares in European metal and mining stocks slide, tracking a fall in base metals prices on China stimulus disappointment ** Erste Group analyst Jakub Szkopek says Tuesday's briefing of China's National Development and Reform Commission stopped short of large stimulus ** "Given much expectations for further stimulus in the lead up to the event, commodities are taking the brunt of the disappointment and will likely rema
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Norsk Hydro Opens New Extrusion Press, Increases Recycling Capacity In Cressona, Pennsylvania

BRIEF-Norsk Hydro Opens New Extrusion Press, Increases Recycling Capacity In Cressona, Pennsylvania Oct 3 (Reuters) - Norsk Hydro ASA NHY.OL : OPENS NEW EXTRUSION PRESS AND INCREASES RECYCLING CAPACITY IN CRESSONA, PENNSYLVANIA COMBINED INVESTMENT FOR THE TWO PROJECTS IS NOK 1 BILLION Further company coverage: NHY.OL (Gdansk Newsroom)
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Tanzania opposition asks telecoms firm to respond to data-sharing accusation

UPDATE 1-Tanzania opposition asks telecoms firm to respond to data-sharing accusation Lissu plans to sue Tigo and Tanzanian government Millicom disciplined individuals involved in data sharing President Hassan pledged to lift restrictions on critics Adds quotes from opposition leader Lissu, paragraphs 4 and 5 NAIROBI, Sept 25 (Reuters) - Tanzania's main opposition party has called for telecoms firm Tigo to respond to a former employee's accusation that the company helped the government track the
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