News: ThyssenKrupp AG (TKAG.DE)

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Fri, Jan 29 2016

UPDATE 2-Thyssenkrupp warns that tough steel markets cloud outlook

* Confirms full-year guidance but says markets need to improve

UPDATE 1-Thyssenkrupp faces investor calls to scrap dividend

* Thyssenkrupp to seek approval for dividend at AGM on Friday

Thyssenkrupp guidance hinges on steel price recovery -CEO

FRANKFURT, Jan 28 Thyssenkrupp's full-year guidance depends on a significant recovery in steel prices in the second half of the industrial group's financial year, its chief executive told German daily Handelsblatt.

Thyssen sees steel consolidation via partnerships - Euro am Sonntag

FRANKFURT, Jan 23 Thyssenkrupp Chief Executive Heinrich Hiesinger told Euro am Sonntag that consolidation in the European steel industry may happen through partnerships rather than takeovers.

Fitch Affirms ThyssenKrupp AG at 'BB+'; Outlook Stable

(The following statement was released by the rating agency) MOSCOW/LONDON, December 18 (Fitch) Fitch Ratings has affirmed Germany-based steelmaker and industrial group ThyssenKrupp AG's (TK) Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BB+'. The Short-term IDR has also been affirmed at 'B'. The Outlook on the Long-term IDR is Stable. A full list of rating actions is available at the end of this commentary. KEY RATING DRIVERS The ratings reflect TK's strong market pos

UPDATE 1-Thyssenkrupp launches programme to improve steel business

* Situation on steel markets has not stabilised as hoped (Adds details on steel unit performance, market outlook)

BRIEF-Thyssenkrupp says wins major orders from car industry

* Thyssenkrupp says orders could add sales of around 4.5 billion eur Further company coverage:

Thyssenkrupp submits offer for Australian submarine contract

DUESSELDORF, Germany, Nov 30 German industrial group Thyssenkrupp has submitted an offer to the Australian government for a contract to build stealth submarines potentially worth tens of billions of euros, the company said on Monday.

UPDATE 3-German watchdog raids offices in speciality steel probe

* Voestalpine says cooperating, does not expect significant fines (Adds Outokumpu saying it had not been raided)

MEDIA-Thyssenkrupp CEO rules out sale of units -WAZ

FRANKFURT, Nov 25 ** Thyssenkrupp CEO Heinrich Hiesinger rules out selling profitable units like elevators, plant construction or automotive components, when asked by the Westdeutsche Allgemeine Zeitung whether this could be an option

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