Pirelli & C. SpA

Italian tyremaker Pirelli <PIRC.MI> cut its revenue guidance for the second time this year, joining a string of suppliers hit by a broader auto industry downturn during the last quarter.

Chinese chemicals group ChemChina has committed to retaining its major stake in tyre-maker Pirelli <PIRC.MI> until 2023, extending a shareholder agreement that ensures it and allied investors maintain control of the Italian firm.

Italian investment vehicle Camfin and Pirelli's Chinese shareholders, led by state-owned ChemChina, have reached an agreement to renew to 2023 a shareholder agreement for control of the Italian tyre-maker.

Italian tyremaker Pirelli cut its guidance for full-year sales on Tuesday due to a prolonged weakness in the original equipment segment, though adjusted operating profit matched forecasts in the first quarter.

Italian tiremaker Pirelli on Thursday posted an 8.2 percent increase in 2018 adjusted operating profit before start-up costs as a shift towards higher margin tires and cost cuts helped offset rising raw materials costs and currency swings.

Pirelli shareholder Long Term Investments (LTI) has entered into a repurchase agreement with SOVA Capital Limited regarding its entire 6.239 percent stake in the Italian tyremaker, the Luxembourg-based fund said on Wednesday.

Pirelli has signed a new four-year deal to remain Formula One's sole tyre supplier until the end of the 2023 season, the sport announced in a statement on Sunday.

Italian tyremaker Pirelli on Wednesday posted a 7.5 percent increase in nine-month adjusted operating profit before start-up costs as a better product mix and efficiencies helped offset higher raw materials costs and currency fluctuations.

* SAID ON FRIDAY THAT IT SOLD ITS CAR TYRE FACTORY IN GUACARA, VENEZUELA, AND ALL THE ACTIVITIES HELD IN THE COUNTRY

Manufacturer Pirelli <PIRI.UL> said on Friday it had ceased operations in Venezuela, selling its car tire factory for an unspecified amount and adding to the flood of foreign businesses abandoning the crisis-wracked country.

About 100 workers protested outside tyre manufacturer Pirelli's [PIRI.UL] Venezuela plant on Monday after finding the gates locked, ten days after the country announced a broad set of reforms including a massive hike in the minimum wage.

Tyre-maker Pirelli said on Wednesday it did not see any significant changes in the tyre market that could impact its forecasts for the current year.

Italian tiremaker Pirelli <PIRC.MI> on Tuesday posted a 6.8 percent rise in first-half adjusted operating profit before start-up costs as a better product mix and efficiencies helped offset higher raw materials costs and currency fluctuations.

Italy's Pirelli <PIRC.MI> stuck to its full-year profit outlook after operating income in the first three months rose 4.5 percent, lifted by strong demand for high-margin premium tyres.

Italy's Pirelli on Monday reported a 4.5 percent rise in first-quarter adjusted operating profit before charges and start-up costs, helped by strong demand for high-margin premium tyres.

Pirelli's Russian shareholder Long Term Investments (LTI) will not sell its stake in the Italian tyre company when a lock-up period ends in early April, the fund's chief executive told Reuters.

Pirelli's Russian shareholder Long Term Investments (LTI) will not sell its stake in the Italian tyre company when a lock-up period ends in early April, the fund's chief executive told Reuters on Wednesday.

* TO FULLY BUY BACK BOND "PIRELLI INTERNATIONAL PLC €600,000,000 1.750 PER CENT. GUARANTEED NOTES DUE 18 NOVEMBER 2019"

Italian tyre company Pirelli <PIRC.MI> expects adjusted operating profit of at least 8 percent this year, maintaining stable growth through its focus on high-margin premium tyres.