ArcelorMittal

  • TickerMTL
  • ISINLU0323134006
  • ExchangeLuxembourg Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountryLuxembourg
Research Department

INFORME DIARIO 26 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ARCELOR, CAF, IAG, OHL, TALGO. EUROPA: ADIDAS, INTESA, NOKIA, SECTOR BANCOS, SECTOR TELECOMS Por fin rebote Ganancias inferiores al 1% en la mayoría de las bolsas europeas después de las caídas de la jornada anterior. En el Euro STOXX tan sólo Recursos Básicos, Viajes&Ocio e Inmobiliario presentaron pérdidas, con Servicios Financieros y Bancos liderando las subidas. Por el lado macro, en la Eurozona las actas del BCE mostraron que se acordó por mayoría y no por unanimidad la ampliación en 600.000 millones del programa anticoronavirus y reconocier...

Research Department

IBERIAN DAILY 26 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ARCELOR MITTAL, BANKING SECTOR, CAF, IAG, OHL, SPANISH MARKET UPDATE, TALGO, TELECOMS SECTOR. MARKETS YESTERDAY AND TODAY Finally a rally Most of the European stock markets posted gains of less than 1% after the drops from the previous session. In the Euro STOXX, only Basic Materials, Travel&Leisure and Real Estate recorded losses, with Financial Services and Banks leading the gains. On the macro side, in the euro zone, the ECB’s meeting minutes showed that the organisation agreed by majority, and not unanimously, to expand its anti-coronavirus programme by € 600 Bn, admitting ...

Research Department

IBERIAN DAILY 25 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, ARCELOR MITTAL, IAG, MÁSMÓVIL, PRISA. MARKETS YESTERDAY AND TODAY Trade tensions, new Covid-19 outbreaks and IMF cuts weigh on the markets The main European stock markets fell around -3% after the IMF again cut forecasts. The global economy would fall -4.9% in 2020 (-1.9% vs. the IMF’s estimate in April), and recovery would be slower, +5.4% in 2021 (-0.4% vs. April). We highlight the poor data expected for Spain, the hardest-hit country by the pandemic along with Italy, with a -12.8% contraction in 2020 (-4.8% vs. April) and a +6.3% rally in 2021 (+2.0% vs. April). The...

Research Department

INFORME DIARIO 25 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACCIONA, ARCELOR, IAG, MAS MOVIL, PRISA. EUROPA: BAYER Las tensiones comerciales, los rebrotes del Covid-19 y la rebaja del FMI pesan en el mercado Caídas en torno al -3% en las principales bolsas europeas en el día que el FMI volvió a empeorar las previsiones. Así, la economía mundial se contraería un -4,9% en 2020 (-1,9% vs a la estimación del FMI de abril) y la recuperación sería más lenta, +5,4% en 2021 (-0,4% vs abril). A destacar los malos datos que se esperan para España, el más afectado por la pandemia junto con Italia, con una contracció...

ING
ING Helpdesk

Benelux Morning Notes

ArcelorMittal: Reported to be exploring sale of Canadian infra assets. GrandVision: Arranged additional funding and covenant holiday. IMCD: Consistent Covid-19 story

1 director sold

A director at ArcelorMittal sold 2,667 shares at 18.192EUR and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Research Department

INFORME DIARIO 26 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ARCELOR, CAF, IAG, OHL, TALGO. EUROPA: ADIDAS, INTESA, NOKIA, SECTOR BANCOS, SECTOR TELECOMS Por fin rebote Ganancias inferiores al 1% en la mayoría de las bolsas europeas después de las caídas de la jornada anterior. En el Euro STOXX tan sólo Recursos Básicos, Viajes&Ocio e Inmobiliario presentaron pérdidas, con Servicios Financieros y Bancos liderando las subidas. Por el lado macro, en la Eurozona las actas del BCE mostraron que se acordó por mayoría y no por unanimidad la ampliación en 600.000 millones del programa anticoronavirus y reconocier...

Research Department

IBERIAN DAILY 26 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ARCELOR MITTAL, BANKING SECTOR, CAF, IAG, OHL, SPANISH MARKET UPDATE, TALGO, TELECOMS SECTOR. MARKETS YESTERDAY AND TODAY Finally a rally Most of the European stock markets posted gains of less than 1% after the drops from the previous session. In the Euro STOXX, only Basic Materials, Travel&Leisure and Real Estate recorded losses, with Financial Services and Banks leading the gains. On the macro side, in the euro zone, the ECB’s meeting minutes showed that the organisation agreed by majority, and not unanimously, to expand its anti-coronavirus programme by € 600 Bn, admitting ...

Research Department

IBERIAN DAILY 25 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACCIONA, ARCELOR MITTAL, IAG, MÁSMÓVIL, PRISA. MARKETS YESTERDAY AND TODAY Trade tensions, new Covid-19 outbreaks and IMF cuts weigh on the markets The main European stock markets fell around -3% after the IMF again cut forecasts. The global economy would fall -4.9% in 2020 (-1.9% vs. the IMF’s estimate in April), and recovery would be slower, +5.4% in 2021 (-0.4% vs. April). We highlight the poor data expected for Spain, the hardest-hit country by the pandemic along with Italy, with a -12.8% contraction in 2020 (-4.8% vs. April) and a +6.3% rally in 2021 (+2.0% vs. April). The...

Research Department

INFORME DIARIO 25 JUNIO (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ACCIONA, ARCELOR, IAG, MAS MOVIL, PRISA. EUROPA: BAYER Las tensiones comerciales, los rebrotes del Covid-19 y la rebaja del FMI pesan en el mercado Caídas en torno al -3% en las principales bolsas europeas en el día que el FMI volvió a empeorar las previsiones. Así, la economía mundial se contraería un -4,9% en 2020 (-1,9% vs a la estimación del FMI de abril) y la recuperación sería más lenta, +5,4% en 2021 (-0,4% vs abril). A destacar los malos datos que se esperan para España, el más afectado por la pandemia junto con Italia, con una contracció...

ING
ING Helpdesk

Benelux Morning Notes

ArcelorMittal: Reported to be exploring sale of Canadian infra assets. GrandVision: Arranged additional funding and covenant holiday. IMCD: Consistent Covid-19 story

ING
Alyssa Gammoudy ...
  • Hendrik Wiersma
  • Nadège Tillier

Benelux Credit Digest/Corporate issuer profiles

Once again, it is with great pleasure that we present the twelfth edition of our Benelux Credit Digest, our annual overview of the key fundamentals and credit metric developments of the most important corporate non-financial credits in Belgium, the Netherlands and Luxembourg.

ING
Alyssa Gammoudy ...
  • Hendrik Wiersma
  • Marcel Klok
  • Nadège Tillier
  • Philippe Ledent
  • Timothy Rahill

BNLX+ Corporates/European and BeNeLux credit value mapping

Strategy and Supply: • Mildly bullish for 2020, with preference for less cyclical sectors • Expect corporate credit curves to flatten • CSPP targeting long end of the curve • ECB purchasing more new and recent issues under CSPP • BeNeLux supply to remain in line with 2019 . Selected sectors and BeNeLux names: • Food retailers: Always light in the darkness • Telecoms: KPN and Proximus focus on digitalisation to drive cost savings • Utilities: 2020 will be a fundamentally robust year Netherlands, Belgium and Luxembourg Economics: • Netherlands: Only a small slowdown thanks to fiscal pol...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 02/12/2019 - Gazprom - FR

Gazprom (Achat) : RN de RUB1tn (€14 mds) sur les 9M-19 Azimut (Achat) : Prévoit d’émettre une obligation senior de maturité 7 ans ArcelorMittal (Achat) : Offre de rachat en numéraire sur les souches 2020 et 2021 Fiat Chrysler Automobiles (Achat) : Accord avec le syndicat UAW sur une nouvelle convention collective de 4 ans Evoca-9M-19 : Marge d’EBITDA de 22,3% (-1,1pt) Swissport (Achat)- 9M-19 : EBITDA de €329m (+54,8%) Picard (Vente) - S1-19/20 : Résultat opérationnel de €47m (+3,1%) Hapag-Lloyd (Conserver, versus Achat) : S&P con...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 02/12/2019 - Gazprom - EN

Gazprom (O/P): Net Profit of RUB1tn (€14bn) In the Nine-Month Period of 2019 Azimut (O/P): Plans To Issue a 7-Year Senior Bond With a Maturity of 7 Years ArcelorMittal (O/P): Tender Offer on the 2020 and 2021 Bonds Fiat Chrysler Automobiles (O/P): New 4-Year Collective Agreement with the UAW Evoca - 9M-19: EBITDA Margin of 22.3% (-1.1pt) Swissport (O/P) - 9M-19: EBITDA of €329m (+54.8%) Picard (U/P) - H1-19/20: Operating Income of €47m (+3.1%) Hapag-Lloyd (M/P Vs O/P): S&P Affirms The B+ Rating And Raises the Outlook To Positive

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 19/11/2019 - Aroundtown - FR

Aroundtown (Conserver) : Fusion avec TLG Immobilien (Achat) Erste Group Bank (Achat) : Emission d'un nouveau titre Tier 2 à mid-swap+130pbs Accor (Achat) : Cède 5,2% de sa filiale AccorInvest pour €204m Casino (Achat souches courtes, Conserver souches longues) : Nouvelle ligne de crédit syndiquée de €2 mds ArcelorMittal (Achat) : Finalise l'acquisition d'Essar Steel d’un montant de $5,8 mds Coty (Achat) : Acquisition de 51% du groupe Kylie Jenner pour $600m Volkswagen (Achat) : Revoit à la baisse ses perspectives de moyen-terme 2016-2020 ...

Russell Waller

Global TMT: UI/DRI Downgrade, VOD/HUTCH/TPG, Singapore, MTS

Global TMT: UI/DRI Downgrade, VOD/HUTCH/TPG, Singapore, MTS.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch