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Investing.com -- Verbund shares rose 3.2% to €64.58 on Monday after Deutsche Bank upgraded the Austrian utility to "hold" from "sell" and raised its price target to €60 from €55, citing higher European power prices.
BASF recently raised its earnings forecast after increasing prices for selected products in response to supply disruptions linked to the US‑Israeli conflict with Iran, while also calling for early redemption of €1.25 billion in fixed-rate notes and expanding its biomass-balanced additives portfolio for architectural coatings. The combination of higher prices, debt reduction moves and lower‑carbon product offerings underscores how BASF is adjusting its operations and balance sheet to ongoing...
Basf (ETR:BAS) reported first-quarter 2026 results marked by “two phases,” with moderate growth in the first two months driven by China and a sharp shift in market conditions in March following the conflict in the Middle East and the closure of the Strait of Hormuz to seaborne transport of oil, gas,
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