ArcelorMittal
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Stocks finished modestly higher Friday with major indexes posting their third week in positive territory and the Dow and S&P 500 closing at new record highs.
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*Exane BNP Paribas cuts price target by 15 percent to 11 euros; rating neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
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For Southern& South Africa news diary click here. 30/ 04 Palabora Mining AGM.
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*France drops to 9th in European deal rankings from 2nd. PARIS/ LONDON, April 29- A collapse of private equity investment this year seems increasingly emblematic of France's deep-seated economic problems and how hard it may prove to change a vicious cycle of poor growth and weakened companies. "One country where there seems to be consensus is France.
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*France drops to 9th in European deal rankings from 2nd. By Christian Plumb and Anjuli Davies. PARIS/ LONDON, April 29- A collapse of private equity investment this year seems increasingly emblematic of France's deep-seated economic problems and how hard it may prove to change a vicious cycle of poor growth and weakened companies.
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*ESN/Bankia Bolsa cuts target price to 13.60 euros from 16.40 euros; rating. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
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*ING raises to buy from hold; cuts target price to 11 euros from 13 euros. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
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For Southern& South Africa news diary click here. 30/ 04 Coal of Africa Q3 output report 30/ 04 Palabora Mining AGM.
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For Southern& South Africa news diary click here. 26/ 04 Merafe Q1 output report 26/ 04 Amplats AGM 30/ 04 Coal of Africa Q3 output report 30/ 04 Palabora Mining AGM.
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PARIS, April 25- More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end.
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PARIS, April 25- More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end.
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began operating its refinery at expanded capacity and the data also now includes the 120,000 bpd Bina plant in central India. During 2012/ 13, India's oil output declined 0.3 percent to about 760,400 bpd. Crude processing by the 180,000 bpd Bathinda refinery, jointly owned by state-run Hindustan Petroleum Corp.
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For Southern& South Africa news diary click here. 25/ 04 Clicks Interim results 25/ 04 BAT Quarterly update/AGM 25/ 04 JSE Ltd AGM 26/ 04 Merafe Q1 output report 26/ 04 Amplats AGM 30/ 04 Coal of Africa Q3 output report 30/ 04 Palabora Mining AGM.
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PARIS, April 25- More people were out of job in France in March than at any other time in the past, data on Thursday showed, a bleak record that cast new doubt on government promises to reverse the unemployment trend by year-end.
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FLORANGE, France, April 24- Steelworkers here cheered Francois Hollande in early 2012 when, as a presidential candidate, he vowed to protect them from a plan to close two blast furnaces. Owner ArcelorMittal turned off a gas feed on Wednesday, shutting the furnaces for good.
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SINGAPORE, April 24- London copper was little changed on Wednesday, supported by some brighter corporate earnings, but prices held close to one and a half year lows after a string of weak manufacturing data cut into demand expectations.
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*EU conditions could complicate Aperam's bid- sources. BRUSSELS/ LONDON, April 22- The European Commission may oblige steelmaker Aperam, bidding to buy Outokumpu's stainless steel plant in Terni, to sell other steel assets if it succeeds, a commission source said.
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PARIS, April 20- ArcelorMittal CEO Lakshmi Mittal said on Saturday he regretted that the steel giant was having to permanently close two French blast furnaces but high labour and energy costs kept France at a competitive disadvantage.
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*EU commission vice president backs Aperam consortium's bid. LONDON, April 12- A consortium led by Luxembourg- based stainless steel maker Aperam is the front runner for the acquisition of a stainless steel plant in Terni, Italy, market sources said this week.
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*Vodafone surges 5 percent on renewed M&A talk. Vodafone, the world's second largest mobile operator, surged 5 percent, boosted by a report saying U.S. firms Verizon Communications and AT&T have been working together on a break-up bid for the British group.
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Major sector indices start the second quarter with a perfect inverse image of first quarter performance. Dow Transports and small-cap stocks lag.