Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Halifax research: cost of buying a home for first-time buyers is £670 a year lower than renting

The cost of buying a home for first-time buyers is £670 a year lower than renting, according to new research by Halifax. EDINBURGH, 25-8-2015 — /EuropaWire/ — The average monthly costs associated with buying1 a three bedroom house in the UK for … Read the full press release

Lloyds Bank Spending Power Report shows a fall in sentiment towards people’s current financial situations in July

Attitudes towards the current financial situation fall as perceptions about people’s personal financial situation and Britain’s employment situation both drop However, July saw falls in year on year essential spending, with a continuing decline in water bills Ahead of the … Read the full press release

NIB to provide EUR 81 million loan for the technological upgrade of SJ AB’s X2000 trains

NIB and the Swedish passenger train operator SJ AB have agreed on a SEK 770 million (EUR 81 million) loan for the technological upgrade of X2000 trains. HELSINKI, 25-8-2015 — /EuropaWire/ — The 10-year loan will finance the modernisation of 36 train sets of this … Read the full press release

Royal Philips now owns 3.01 percent of its own issued shares

AMSTERDAM, 24-8-2015 — /EuropaWire/ — Royal Philips (NYSE:PHG, AEX:PHIA) announced today that it has notified the Netherlands Authority for the Financial Markets (AFM) that it currently holds 3.01 percent of its own issued shares. This holding of Philips consists of shares that … Read the full press release

Nordic Aviation Capital purchased one Dash 8-Q400, MSN 4175 from Jetscape on lease to South African Express Airways SOC Limited

Nordic Aviation Capital is pleased to confirm that it has purchased one Dash 8-Q400, MSN 4175, from Jetscape on lease to South African Express Airways SOC Limited. South African Express Airways SOC Limited is a new customer for NAC. Billund, … Read the full press release

Uralkali comments on media reports for possible de-listing of its GDRs representing its common shares on the London Stock Exchange

Berezniki, Russia, 21-8-2015 — /EuropaWire/ — Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, noting media reports that it is considering a buyback of its securities, which may lead to de-listing of its global depositary receipts (“GDRs”) representing its common shares on the London … Read the full press release

Folksam Delårsöversikt januari – juni 2015

Fortsatt god tillväxt och nöjda kunder STOCKHOLM, 21-8-2015 — /EuropaWire/ — Folksam växer och vi är gillade av kunderna. Under perioden har vi vidtagit flera åtgärder för att fortsätta bygga vår ekonomiska styrka och fokusera på vår kärnaffär pensionssparande och … Read the full press release

Medtronic plc to report financial results for first quarter of fiscal year 2016 on Thursday, September 3, 2015

DUBLIN, 21-8-2015 — /EuropaWire/ — Medtronic plc (NYSE: MDT) announced today it will report financial results for the first quarter of its fiscal year 2016 on Thursday, September 3, 2015. A news release will be issued at approximately 6:15 a.m. Central Daylight … Read the full press release

KfW Group achieved 31% increase of its business volume in the first half of 2015

Total commitment volume of EUR 41.5 billion (+31%) Domestic promotional business volume rises to EUR 25.7 billion (+21 %) Strong demand for SME financing after hesitant start of the year (+10%) Demand in international business increases more than 50 % … Read the full press release

The first offshore green Masala bond to list on London Stock Exchange’s Main Market

IFC issued bond to fund India’s Yes Bank’s investments in climate change projects Listing raises 3.15 billion rupees – £31million IFC and Yes Bank open trading on London Stock Exchange LONDON, 21-8-2015 — /EuropaWire/ — London Stock Exchange today welcomes … Read the full press release

Halifax research: average pocket money given to 8-15 year olds in UK has increased by 448% since 1987

The average amount of pocket money paid to kids is £6.20 per week Only 59% of kids are expected to undertake chores in return for their allowance – down from 65% in 2014 Fewer girls (53%) are being asked to … Read the full press release

The London Metal Exchange (LME) to introduce market-making programmes to support the launch of new products and enhance liquidity on existing contracts

LONDON, 21-8-2015 — /EuropaWire/ — The London Metal Exchange (LME) today announces it will introduce market-making programmes to support the launch of new products and enhance liquidity on existing contracts. These are the first programmes of their kind to be … Read the full press release

Allianz Global Investors: latest move by the People´s Bank of China to devalue the Renminbi by almost 2% remarks the biggest daily deprecation since 1994

The latest move by the People´s Bank of China (PBoC) to devalue the Renminbi (RMB) by almost 2% remarks the biggest daily deprecation since 1994. While surprised by many investors, the exchange rate reforms are complementary with ongoing capital account … Read the full press release

The Board of Royal Dutch Shell plc Reference Share Price in respect of Q2 interim dividend of 2015

The Hague, 21-8-2015 — /EuropaWire/ — The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the second quarter interim dividend of 2015, which was announced on July 30, 2015 at $0.47 per … Read the full press release

Vestas reports EUR 1,749m revenue in Q2-2015, an increase of 30 percent compared to the year-earlier period

Aarhus, Denmark, 20-8-2015 — /EuropaWire/ — Revenue, earnings, and free cash flow increased compared to the second quarter of 2014. Outlook for 2015 maintained. Summary: In the second quarter of 2015, Vestas generated revenue of EUR 1,749m – an increase of … Read the full press release

University of Sussex, University of Oxford paper shows that British banks engaged in more offshore banking than any other financial centre

OXFORD, 20-8-2015 — /EuropaWire/ — A new paper shows that British banks engaged in more offshore banking than any other financial centre. Researchers examining the resilience of the world’s financial centres after the global economic crisis conclude that the future … Read the full press release

Oxford University researchers: US asset managers increased global dominance since the crisis of 2008-09

OXFORD, 20-8-2015 — /EuropaWire/ — New York has dominated growth in the asset management sector since the crisis of 2008-09, taking an even more commanding lead over rivals, says a working paper by Oxford University researchers. The researchers found that … Read the full press release

Zurich Commercial Court declared all shares of UBS AG held by the remaining minority shareholders invalid

The Commercial Court of the Canton of Zurich has declared invalid all shares of UBS AG held by the remaining minority shareholders, in accordance with the request of UBS Group AG. All UBS AG shares that remain publicly held will … Read the full press release

Wienerberger AG reports 34% increase of its operating EBITDA in first half of 2015 vs H1 2015

Group revenues: € 1.5 billion (+ 9% versus H1 2014) Operating EBITDA: € 181 million (+ 34% versus H1 2015) Return to profitability with after-tax profit of € 21 million Earnings guidance for 2015 increased: € 375 million, incl. € … Read the full press release

De Nederlandsche Bank: Total assets managed by Dutch investment funds drop by 4.5% in Q2-2015 for the first time in two years

The second quarter of 2015 saw total assets managed by Dutch investment funds drop, by 4.5% (EUR 36.4 billion), for the first time in two years. Value decreases in the funds’ investments (-3.6% return) were the primary cause of the … Read the full press release