E.ON SE (EONGn.DE)
FRANKFURT, Nov 14 E.ON does not depend on a full recovery of the British retail market to reach its mid-term outlook, Chief Financial Officer Marc Spieker told analysts on Wednesday.
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.
FRANKFURT, Nov 14 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