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Kirsti Knolle

Investors punish Voestalpine for latest profit warning

6:22pm IST

VIENNA Voestalpine blamed operating problems in the United States and provisions from a German cartel investigation for its second profit warning in four months, sending shares in the Austrian steelmaker 8 percent lower on Thursday.

UPDATE 4-Investors punish Voestalpine for latest profit warning

6:21pm IST

* Shares drop as much as 8 percent (Adds shares, analysts, cartel office, ThyssenKrupp)

Lufthansa in early talks on possible tie-up for caterer LSG - sources

14 Dec 2018

FRANKFURT Lufthansa is in early talks about a possible tie-up between its LSG Group catering unit with partners such as Austria's Do&Co, Singapore's SATS and Switzerland's Gategroup, people close to the matter said.

Apple supplier AMS cuts forecast, indicating poor iPhone demand

15 Nov 2018

VIENNA Austria's AMS , which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well.

UPDATE 2-Austria's Raiffeisen lowers risk costs, on track to reach 2018 targets

14 Nov 2018

* Shares gain as much as 5.7 percent (Adds details, shares, background)

UPDATE 2-OMV sees Sapura deal as springboard to further Asia expansion

09 Nov 2018

* Further payments, up to $85 mln, depend on value enhancement (Recasts, writes through)

UPDATE 2-Austrian bank BAWAG likely to exceed all 2018 targets

08 Nov 2018

* Targets further acquisitions in Germany (Adds CFO, outlook, shares)

UPDATE 2-Andritz lowers profitability target as seeks to cut costs, shares dive

06 Nov 2018

* 2018 EBITA margin seen below 2017 level (Adds details, shares, background)

Energy group OMV posts 31 percent profit jump, expects output boost

31 Oct 2018

VIENNA Austrian oil and gas group OMV lifted third-quarter profit by 31 percent, largely thanks to higher oil prices and lower production costs, and said it expects a strong rise in output for the rest of the year.

UPDATE 2-Energy group OMV posts 31 pct profit jump, expects output boost

31 Oct 2018

VIENNA, Oct 31 Austrian oil and gas group OMV lifted third-quarter profit by 31 percent, largely thanks to higher oil prices and lower production costs, and said it expects a strong rise in output for the rest of the year.

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