E.ON SE (EONGn.DE)
FRANKFURT German energy group E.ON on Wednesday said it would reach the upper half of its 2018 profit outlook, sending its shares to a 7-week high as cost cuts and higher earnings at its renewables unit boosted profits.
* Shares indicated 2 pct higher (Recasts, adds CFO quote, analyst, context)
FRANKFURT E.ON will have no strategic interest in a minority stake in a British retail joint venture it may end up owning as part of a deal to acquire the customer assets of rival Innogy , its chief financial officer said.
* Confirms group adjusted EBIT outlook (Recasts, adds CFO comments, context)
LONDON, Oct 10 German energy company Innogy said it will reallocate the proceeds of its 850 million euro ($978 million) green bond to grid projects from renewables, due to its bonds being transferred to E.ON under the terms of an asset swap.
TEL AVIV, Oct 3 Hedge fund managers recommended buying Japanese equities and shares in German utility E.ON , and shorting AT&T debt among their top investment picks at the Sohn investment conference in Tel Aviv on Wednesday.
* Shares extend losses after analyst call (Recasts, adds analyst quotes, shares)
ESSEN/DUESSELDORF, Germany Thyssenkrupp still has a long road ahead of it trying to raise margins and profits in its mediocre business divisions, investors and analysts said, adding a landmark move to split itself in two needed to be followed by changes to strategy. | Video
FRANKFURT Germany's biggest power supplier E.ON wants smart homes to be smart business in a world of decentralized, low-carbon energy markets.
FRANKFURT, Sept 28 Germany's biggest power supplier E.ON wants smart homes to be smart business in a world of decentralised, low-carbon energy markets.