RHI Magnesita Share News (RHIM)

LONDON BROKER RATINGS: Goldman says 'sell' Segro; JPMorgan cuts BP

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

RHI Magnesita reports stable quarterly sales with "signs of recovery"

(Alliance News) - RHI Magnesita NV on Tuesday said trading in the third quarter was in line with expectations, and that demand may improve next year despite continuing market weakness.

LONDON BRIEFING: BP announces buyback; IG to cut 10% of staff

(Alliance News) - Stocks in London are called higher on Tuesday, as the FTSE 100 looks set to shake off weaker economic data from China.

UK earnings, trading statements calendar - next 7 days

RHI Magnesita buys Press Daimler's refractory businesses

(Alliance News) - RHI Magnesita NV on Tuesday said it has acquired the European refractory businesses of the Press Daimler Group.

RHI Magnesita buys P-D Refractories for €45m

(Sharecast News) - RHI Magnesita said on Tuesday that it has bought P-D Refractories for around €45m.

LONDON BROKER RATINGS: UBS and Deutsche Bank cut BHP price target

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

IN BRIEF: Rhone confirms will take dividend off RHI Magnesita offer

RHI Magnesita NV - Vienna-based supplier of refractory products - Ignite Luxembourg Holdings Sarl, a company indirectly managed by Rhone Holdings VI LLC, confirms that its offer for RHI Magnesita shares will be reduced by the amount of the interim dividend declared by RHI Magnesita late last month. Rhone had offered GBP28.50 per share, aiming to build a 29.9% stake in RHI Magnesita, though in July its offer closed with acceptances providing a holding of just 19.95%. RHI Magnesita subsequently declared a EUR0.55 per share interim dividend, up 10% from a year before, and Rhone on Friday confirms its previously announced right to reduce its offer price by the sterling equivalent of that dividend, though the exact exchange rate is still to be determined.

LONDON BROKER RATINGS: Shore Capital cuts AO World to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON BRIEFING: Stocks to rise; Frasers, Centrica post strong results

(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle.

RHI Magnesita first half profit down as costs outweigh rising revenue

(Alliance News) - RHI Magnesita NV on Wednesday said first half profit fell despite rising revenue, as various costs increased, while expressing an "uncertain" outlook for the company looking ahead.

RHI Magnesita cautious on full-year outlook amid market challenges

(Sharecast News) - Refractory products and systems specialist RHI Magnesita reported resilience and growth in its first half on Wednesday, despite challenges in the market, although it struck a downbeat tone on its full-year outlook.

IN BRIEF: Rhone vehicle Ignite settles for 20% stake in RHI Magnesita

RHI Magnesita NV - Vienna-based supplier of refractory products - Ignite Luxembourg Holdings Sarl, a company indirectly managed by Rhone Holdings VI LLC, on Monday says offer for shares in RHI Magnesita closed on Friday with acceptances for 9.4 million shares, a 19.95% stake. Rhone back in May had offered to buy 14.1 million shares at GBP28.5 per share in cash. This would have been a 29.9% stake. Rhone said at the time it wanted a non-controlling minority stake in the FTSE 250 company.

LONDON MARKET MIDDAY: Sterling climbs as UK wage growth speeds up

(Alliance News) - Stock prices in London were mixed at midday on Tuesday, while the pound was stronger, lifted by hotter-than-expected UK pay growth.

Ignite Luxembourg waives RHI Magnesita offer minimum acceptances

(Alliance News) - Ignite Luxembourg Holdings Sarl on Tuesday said its offer to acquire 29.9% of RHI Magnesita NV shares has received valid acceptances for around 19.5% of the latter's issued share capital.