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Continental AG (CONG.DE)

CONG.DE on Xetra

131.50EUR
19 Oct 2018
Change (% chg)

€-6.25 (-4.54%)
Prev Close
€137.75
Open
€135.00
Day's High
€135.30
Day's Low
€127.90
Volume
1,915,053
Avg. Vol
729,312
52-wk High
€257.40
52-wk Low
€127.90

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Thu, Aug 23 2018

Nikkei edges up as weak yen helps mood; Continental profit warning hurts autos

TOKYO, Aug 23 Japan's Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany's Continental dragged down auto stocks and tire makers.

Nikkei edges up on weak yen; Continental profit warning hurts autos

TOKYO, Aug 23 Japan's Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany's Continental dragged down auto stocks and tire makers.

UPDATE 2-European shares steady as trade talks, U.S. politics fuel uncertainty

* Trading cautious amidst U.S.-China trade talks, Trump legal woes

Continental AG cuts outlook on higher costs, warranty claims

FRANKFURT German automotive supplier Continental AG cut its 2018 sales and margin guidance, citing lower revenues, higher costs for developing hybrid and electric car technologies, and unspecified warranty claims, sending its shares down 14 percent.

UPDATE 3-Continental AG cuts outlook on higher costs, warranty claims

* Lower demand for tyres blamed for 2018 guidance cut (Adds details from analyst call, analyst note)

REFILE-UPDATE 1-Australia's Wesfarmers to sell Kmart Tyre and Auto Service business for $254.9 mln

Aug 13 Australian retailer Wesfarmers said on Monday said it would sell its Kmart Tyre and Auto Service business to Germany's Continental AG for A$350 million ($254.94 million), in the midst of its biggest portfolio reshuffle in a decade.

Continental AG prepares powertrain for IPO in 2019

FRANKFURT, July 18 German auto supplier Continental on Wednesday said it will list its powertrain division as early as mid 2019 as part of a broader strategy overhaul to break itself up into three divisions under a holding company structure starting in 2020.

China's Didi signs up Continental for purpose-built electric cars

BEIJING China's Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi's ride hailing services.

UPDATE 1-China's Didi signs up Continental for purpose-built electric cars

BEIJING, July 10 China's Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi's ride hailing services.

China's Didi, Germany's Continental to develop connected vehicles

BEIJING, July 10 Chinese ride-sharing company Didi Chuxing said on Tuesday it signed an agreement with German automotive supplier Continental AG to jointly develop connected vehicles and design purpose-built electric vehicles (EVs) for Didi's services.

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