|Bid||25.63 x 19300|
|Ask||22.13 x 41200|
|Day's Range||23.84 - 24.60|
|52 Week Range||19.01 - 31.45|
|Beta (3Y Monthly)||1.73|
|PE Ratio (TTM)||20.49|
|Earnings Date||Feb 6, 2020|
|Forward Dividend & Yield||1.10 (4.56%)|
|1y Target Est||N/A|
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European shares opened flat to marginally higher on Wednesday, as concerns about Italy's budget offset hopes of an interest rate cut from the Federal Reserve to prop up a slowing global economy. Europe's main STOXX 600 index rose 0.1% after Wall Street and Asian markets had both drawn comfort from U.S. central bank chief Jerome Powell's promise to act "as appropriate" to combat rising trade war risks. Investors took that as a shift from the "patient" approach the Fed has taken in recent months, and a potential pointer for the European Central Bank's own policy update on Thursday, where low inflation is making the case for more stimulus.
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Speciality steelmaker Voestalpine is not interested in buying assets from Germany's Thyssenkrupp or India's Tata Steel , should regulatory conditions for their merged steel venture make them available to rivals. "Expansion in steel has for a long time not been part of our strategy," Voestalpine chief executive officer Wolfgang Eder told reporters on Thursday at a briefing in Frankfurt. Eder also said Washington had granted around 4,000 exemptions from steel import tariffs out of a total of around 6,000 deliveries that Voestalpine has applied for.
Austrian speciality steelmaker Voestalpine (VOES.VI) will continue its operations in Britain no matter how the country's relationship with the European Union is shaped in the future, its chief executive said on Monday. "We will definitely remain loyal to Britain," Wolfgang Eder told journalists in Vienna, when asked whether there were any scenarios under which Voestalpine would withdraw from the Britain in connection with the country's planned divorce from the bloc. Voestalpine has 10 locations including four production sites in the country and generates sales of around 300 million euros (268.13 million pounds), or 2 percent of group sales, there.