Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Deutsche Börse optimized on-exchange execution of large-sized ETF orders

Frankfurt am Main, 20-Apr-2016 — /EuropaWire/ — Deutsche Börse Cash Market: Deutsche Börse has launched a new service which allows for an optimized on-exchange execution of large-sized ETF orders, the Xetra Quote Request. It enables users to take full advantage of … Read the full press release

Coal criterion: Norges Bank to exclude 52 companies from the Government Pension Fund Global

OSLO, 18-Apr-2016 — /EuropaWire/ — Norges Bank has decided to exclude 52 companies from the Government Pension Fund Global after an assessment of companies and the new product-based coal criterion in the guidelines. Norges Bank has decided to exclude 52 companies … Read the full press release

Norsk Hydro ASA wins a tax appeal

Norwegian aluminium company Norsk Hydro ASA has won a tax appeal, which means that the company will receive a tax reimbursement and interest of a total of around NOK 700 million. OSLO, 18-Apr-2016 — /EuropaWire/ — In 2008 Norsk Hydro ASA … Read the full press release

Law firm Berwin Leighton Paisner (BLP) advised GT Gettaxi Limited and GT Gettaxi (UK) Limited on their offer for the entire issued share capital of Mountview House Group Limited

LONDON, 18-Apr-2016 — /EuropaWire/ — International law firm Berwin Leighton Paisner (BLP) has advised GT Gettaxi Limited and GT Gettaxi (UK) Limited, which trade under the Gett brand, on their recommended offer for the entire issued share capital of Mountview House … Read the full press release

78% of investors at the Vienna Stock Exchange are from abroad; US ahead of Austria, UK and Norway

78.1% of identified institutional money in the free float of Austria’s leading companies held by international investors Also domestic institutional Investors increased their share in 2015 Ranking of institutional investors: US is ahead of Austria, UK and Norway Investment trends: … Read the full press release

Irish Stock Exchange (ISE) now with almost 34,400 securities from over 4,000 issuers in 80 countries

Listings on ISE markets grow to almost 34,400 securities Equity trades reach record levels and turnover rises by 26% as ISE extends its strategic partnership with Deutsche Börse Venn Life Sciences adds euro quotation on joining the Enterprise Securities Market … Read the full press release

The Irish Stock Exchange (ISE) hosted seminar on changes to the EU market abuse regime

DUBLIN, 15-Apr-2016 — /EuropaWire/ — The Irish Stock Exchange (ISE) today hosted a seminar updating companies quoted on the Enterprise Securities Market (ESM), on changes to the EU market abuse regime which come into effect on 3 July 2016. The seminar … Read the full press release

Landesbank Baden-Württemberg (LBBW): Consolidated profit before tax up to EUR 531 million vs EUR 477 million the previous year

STUTTGART, 14-Apr-2016 — /EuropaWire/ — Landesbank Baden-Württemberg (LBBW) continued its risk-conscious growth course also in 2015. Consolidated profit before tax rose to EUR 531 million, up from EUR 477 million in the previous year; at the same time risk weighted … Read the full press release

Lloyds Bank Regional Purchasing Managers’ Index®: Output growth and employment slightly higher in March but first quarter the worst in three years

Output growth picks up slightly in March despite slower rise in new business Wales records stronger increase in business activity than all English regions Signs of inflationary pressures returning as prices rise at faster rate LONDON, 12-Apr-2016 — /EuropaWire/ — … Read the full press release

The European Commission to probe debt write-offs by the Romanian State in favour of Oltchim

BRUSSELS, 11-Apr-2016 — /EuropaWire/ — The European Commission has opened an in-depth probe to verify whether debt write-offs by the Romanian State and continued supplies by State-owned enterprises in favour of Oltchim, despite the company’s deteriorating financial situation, were in line … Read the full press release

The National Bank of Belgium’s securities settlement system migrates to European securities settlement platform TARGET2-Securities (T2S)

BRUSSELS, 29-Mar-2016 — /EuropaWire/ — The National Bank of Belgium’s securities settlement system, NBB-SSS, has today joined the circle of European central securities depositories (CSDs) that are active on the single European securities settlement platform TARGET2-Securities (T2S). The NBB is also … Read the full press release

Leoni reports 10% YoY increase of sales in 2015

Fiscal 2015 with sales growth – wiring system projects weighing on 2015 and 2016 EBIT Nuremberg, 28-Mar-2016 — /EuropaWire/ —  Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, generated substantial sales growth … Read the full press release

CACEIS helps insurance societies, pension providers and insurance companies in their implementation of the Solvency II directive

PARIS, 25-Mar-2016 — /EuropaWire/ — The Solvency II Directive, in force since 1 January 2016, enables French institutional investors to expand their securities lending activities. CACEIS provides customised, secure and legally-sound solutions so that mutual insurance societies, pension providers and insurance … Read the full press release

OTTO reports 10 percent increase of revenues for 2015/16

HAMBURG, 22-Mar-2016 — /EuropaWire/ — The single company OTTO further increased its growth rate in the financial year now closed, with revenues climbing by some ten percent to reach an overall 2.561 billion euros for 2015/16. The online retailer reports overproportional … Read the full press release

Insurance Europe: digitalisation of the European insurance industry cannot remove all barriers to increasing the volume of cross-border insurance

However, digitalisation not silver bullet to remove cross-border barriers BRUSSELS, 22-Mar-2016 — /EuropaWire/ — While the digitalisation of the European insurance industry will reshape the way insurers innovate, distribute and interact with their customers, it cannot remove all barriers to increasing … Read the full press release

Exceptionally strong Y2015 results for Sovcomflot (SCF Group)

2015 Audited Financial Results (Year to 31 December)  MOSCOW, 22-Mar-2016 — /EuropaWire/ — Effective strategy, balanced chartering policy, excellent technical performance, together with positive freight market dynamics deliver exceptionally strong Y2015 results for Sovcomflot 2015 Highlights: Gross revenue increased by 7.6 … Read the full press release

Deutsche Börse Group’s Ashwin Kumar: Blockchain has the potential to bring significant changes to the way the financial industry operates

ESCHBORN, 22-Mar-2016 — /EuropaWire/ — A new technology is causing a stir in the FinTech community: Blockchain has many market experts believing that it is the greatest achievement of the past decade for financial technology and the most important digital … Read the full press release

Eurex launches Euro STOXX 50 quanto futures

ESCHBORN, 22-Mar-2016 — /EuropaWire/ — Launch of USD-denominated futures on the Euro STOXX 50 index as of 21 March 2016 Eurex, one of the world’s leading derivatives exchanges and part of Deutsche Börse Group, will introduce Euro STOXX 50 quanto futures … Read the full press release

AfterPay vanaf 2016 trotse sponsor van ‘It Fryske Gea’

AMSTERDAM, 18-Mar-2016 — /EuropaWire/ — AfterPay voelt zich sterk verbonden met de Nederlandse samenleving. Wij vinden het belangrijk om natuur toegankelijker te maken, zodat iedereen in Nederland de natuur echt kan beleven. Daarom is AfterPay vanaf 2016 trotse sponsor van ‘It … Read the full press release

NIB signs loan agreement with Kilpilahti Power Plant Ltd. to refurbish combined heat and power plant in Porvoo, Finland

NIB has signed a long-term loan agreement totalling EUR 80 million with Kilpilahti Power Plant Ltd. for the refurbishment of the combined heat and power plant (CHP) in the Kilpilahti industrial area in the town of Porvoo, Finland. HELSINKI, 17-Mar-2016 … Read the full press release