FRANKFURT Activist fund Elliott's raised stake in Uniper could pave the way for a new takeover attempt by Finland's Fortum , which is already the German energy group's largest shareholder, according to people close to the matter.
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.
FRANKFURT Germany's Innogy lowered profit forecasts for its renewables and retail operations on Tuesday, businesses which will be owned by RWE and E.ON following a planned breakup of the energy provider.
* Confirms group adjusted EBIT outlook
(Recasts, adds CFO comments, context)
Frankfurt/Düsseldorf Der Aktienkurs von Thyssenkrupp kennt seit Monaten nur eine Richtung: nach unten.
FRANKFURT A fresh hit to Thyssenkrupp shares has driven down the group's enterprise value, raising the chances of a full takeover bid, two people familiar with the matter said, a move that could derail a plan to split the group in two.
FRANKFURT/DUESSELDORF Thyssenkrupp shares fell to a two-year low on Friday after the German conglomerate cut its profit forecast for the second time this year, raising doubts over a planned deal to split the steel-to-elevators group in two.
Düsseldorf/Frankfurt Thyssenkrupp kommt auch unter dem neuen Chef nicht auf die Beine: Zu schleppenden Geschäften mit Anlagen, Autoteilen und Aufzügen gesellt sich nun auch noch eine drohende Kartellstrafe in der Stahlsparte.
FRANKFURT HeidelbergCement on Thursday announced plans to cut costs and investments to protect profit margins and also flagged a recovery in the North American market, where tough conditions forced the group to cut its outlook last month.
* Shares drop to lowest in more than 6 years
(Adds presentation, CEO comments)