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Continental AG (CTTAY.PK)

CTTAY.PK on OTC Markets Group

40.65USD
17 Feb 2017
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Mon, Jan 9 2017

Continental AG sees no need for writedowns in Powertrain business

FRANKFURT, Jan 9 Auto supplier Continental is conducting a review of its Powertrain business but does not expect to undertake writedowns on combustion engines, Chief Financial Officer Wolfgang Schaefer said on Monday.

BRIEF-Continental AG says to place 600 mln euro bond

* Continental says bond has 0 percent interest coupon with a term of three years and two months

BRIEF-Continental AG sees rubber raw material price headwind in 2017

* CFO says sees raw material prices for rubber to be a headwind (not tailwind) next year, expectation for prices of natural rubber to rise Source text for Eikon: Further company coverage:

Fitch Upgrades Continental to 'BBB+'; Outlook Stable

(The following statement was released by the rating agency) FRANKFURT/LONDON, October 24 (Fitch) Fitch Ratings has upgraded Continental AG's Long-Term Issuer Default Rating (IDR) and its long-term senior unsecured debt to 'BBB+' from 'BBB'. Fitch has affirmed its Short-Term IDR at 'F2'. The agency also upgraded the long-term senior unsecured notes issued by Conti-Gummi Finance B.V. and Continental Rubber of America Corp. to 'BBB+' from 'BBB'. The Outlook on Continental's Long-Term IDR is St

UPDATE 2-Continental drops as profit warning sparks R&D worries

* Shares fall more than 3 pct to lowest since July (Adds share price, analyst comment)

BRIEF-Continental AG announced voluntary recall involving 14,567 passenger tires

* Continental tire the americas llc announced voluntary recall involving 14,567 passenger tires

UPDATE 1-Continental buys fleet management tech provider Zonar

* Conti shares close up 0.8 percent (Adds details on companies to be acquired)

BRIEF-Continental says ContiTech strengthens international air spring replacement business

* Says ContiTech division strengthens international air spring replacement business

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