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市场新闻

European oil stocks fall tracking lower oil prices

BUZZ-European oil stocks fall tracking lower oil prices ** Shares in European oil companies move lower, tracking oil prices , which fell on prospects of Saudi Arabia raising output ** Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, the Financial Times reported ** "Moment
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BNP sees growing challenges for oil sector, downgrades Subsea 7

BUZZ-BNP sees growing challenges for oil sector, downgrades Subsea 7 ** Exane BNP Paribas warns of the impact of peaking demand, increasing supply and the return of spare capacity from OPEC+ on the oil sector, as it cites the latest medium-term outlook from the International Energy Agency ** OPEC+ plans to gradually increase oil production by 2.2 m
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Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7

BUZZ-Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7 A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays downgrades Burberry BRBY.L and Gucci owner Kering PRTP.PA to "underweight" from "equal weight" as it expects the weakness in the China market to affect the luxury groups in a long term ** Barclays cuts Nestle NESN.S to "equal weight" from "overweight" saying a near-term recovery is unlikely for the Swiss chocolate maker ** C
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Accelleron, BHP, Kingfisher

EUROPE RESEARCH ROUNDUP-Accelleron, BHP, Kingfisher Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Accelleron, BHP and Kingfisher, on Wednesday. HIGHLIGHTS * Accelleron ACLN.S : Deutsche Bank raises target price to CHF 42 from CHF 34 * BHP Group BHPB.L : JP Morgan cuts target price to 2,580p from 2,650p * Kingfisher KGF.L : Citigroup cuts to neutral from buy * Vonovia SE VNAn.DE : Citigroup raises target price to EUR 52.80 f
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Subsea 7 Gets Contract On Gulf Of Mexico Project

BRIEF-Subsea 7 Gets Contract On Gulf Of Mexico Project Aug 16 (Reuters) - Subsea 7 SA SUBC.OL : AWARDED CONTRACT ON GULF OF MEXICO PROJECT AWARD OF A SIZEABLE CONTRACT IN US GULF OF MEXICO DEFINES A SIZEABLE CONTRACT AS BEING BETWEEN USD 50 MILLION AND USD 150 MILLION Further company coverage: SUBC.OL (Gdansk Newsroom)
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