Heidelbergcement AG (HEIG.DE)
FRANKFURT Germany's HeidelbergCement beat expectations for third-quarter profit as cost cuts from its $4 billion takeover of Italcementi kicked in ahead of schedule.
The following are some of the factors that may move German stocks on Wednesday:
The following factors could affect Italian markets on Wednesday.
Sept 19 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
MILAN Italy's third-largest cement maker Cementir Holding has agreed to sell its domestic assets to Italcementi, owned by Germany's HeidelbergCement , it said on Tuesday.
MILAN, Sept 19 Italy's third-largest cement maker Cementir Holding has agreed to sell its domestic assets to Italcementi, owned by Germany's HeidelbergCement , it said on Tuesday.
DAR ES SALAAM, Aug 31 Tanzania Portland Cement Company(TPCC), majority owned by Germany’s Heidelbergcement, on Thursday posted a 45.6 percent drop in first-half profit after an output glut in east Africa's second-biggest economy forced down cement prices.
FRANKFURT Germany's HeidelbergCement reported flat second-quarter sales and a slight drop in earnings, missing expectations, which it blamed on the timing of religious holidays and poor weather that hampered construction.
FRANKFURT, June 29 The DAX top-30 index looked set to open 0.5 percent higher on Thursday, according to premarket data from brokerage Lang & Schwarz at 0628 GMT.