Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Michelin calls on the assistance of Investment Services Provider for implementation of its Share Buyback Program authorized by Annual Shareholders Meeting of May 16, 2014

Clermont-Ferrand, 27-4-2015 — /EuropaWire/ — Compagnie Générale des Etablissements Michelin has called on the assistance of an Investment Services Provider for the implementation of its Share Buyback Program as authorized by the Annual Shareholders Meeting of May 16, 2014. Under … Read the full press release

Lloyds Banking Group and School of Computing Science at Newcastle University to try and find innovative solutions to help young people become more engaged with banking

Lloyds Banking Group has partnered with Newcastle University’s School of Computing Science to create digital solutions around the topic of ‘everyday banking and money management’ Students have been tasked to come up with innovative solutions to help young people become … Read the full press release

GasTerra finances the fuel cell car of TU Delft’s Car as Power Plant project

Groningen, Netherlands, 24-4-2015 — /EuropaWire/ — In the future, hydrogen fuel cell cars will also be able to provide energy for houses and offices. These cars run on electricity which is produced from a hydrogen fuel cell. If the vehicle is … Read the full press release

The Netherlands Organisation for Scientific Research (NWO) funding programme Aspasia contributes to increasing the number of female professors in the Netherlands

THE HAGUE, 24-4-2015 — /EuropaWire/ — Between 2010 and 2012, the NWO funding programme Aspasia made a contribution to increasing the number of female professors in the Netherlands. This is clear from the evaluation held in 2014. A total of … Read the full press release

Volkswagen Aktiengesellschaft to pay SEK 200 cash per share to Scania’s noncontrolling interest shareholders

Wolfsburg, 23-4-2015 — /EuropaWire/ — Volkswagen Aktiengesellschaft is paying SEK 200 plus interest of SEK 5.02 in cash per share to the noncontrolling interest shareholders of Scania who did not tender their shares in the course of Volkswagen’s offer. This was announced … Read the full press release

Deutsche Bank expects to report litigation costs of approximately EUR 1.5 billion for Q1 2015

Frankfurt am Main, 23-4-2015 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it expects to report litigation costs of approximately EUR 1.5 billion for the first quarter 2015. The majority of these litigation costs are not … Read the full press release

Deutsche Bank’s “Artist of the Year” 2016: Basim Magdy will present his first institutional solo exhibition at the Deutsche Bank KunstHalle in Berlin next spring

Frankfurt am Main, 23-4-2015 — /EuropaWire/ — Basim Magdy is Deutsche Bank’s  “Artist of the Year” 2016 and will present his first institutional solo exhibition at the Deutsche Bank KunstHalle in Berlin next spring. The artist, who was born in 1977 in … Read the full press release

Bristol, European Green Capital 2015: EIB supported the city’s ambitious energy programme

Bristol is at the forefront of a global movement of cities that are reinventing what it means to be sustainable and resilient in the age of climate change. Luxembourg, 23-4-2015 — /EuropaWire/ — Located in South West England, Bristol city, … Read the full press release

Husqvarna Group interim report January – March 2015: operating income increased by 22% to SEK 1,112m despite currency adjusted sales decline of -3%

STOCKHOLM, 22-4-2015 — /EuropaWire/ — Husqvarna Group interim report January – March 2015: operating income increased by 22% to SEK 1,112m despite currency adjusted sales decline of -3% Kai Wärn, President and CEO: “Since January 1, Husqvarna Group operates under a … Read the full press release

Pöyry report on the growing risks facing renewable investors in European power markets

A report by Pöyry on the growing risks facing renewable investors in European power markets. HELSINKI, 22-4-2015 — /EuropaWire/ — The days of “invest and forget” are over for investors in renewable energy. Pöyry Management Consulting forecasts greater risk to … Read the full press release

Akzo Nobel N.V. reports 42 percent increase in operating income in Q1 2014

Solid first quarter for AkzoNobel Operating income up 42 percent at €306 million (2014: €216 million), reflecting the effects of process optimization, reduced restructuring expenses, lower costs and favorable currencies Revenue up 6 percent due to 8 percent favorable currency … Read the full press release

Norges Bank Investment Management acquires 45 percent interest in 60 million square feet industrial portfolio in US for USD 2.3 billion

OSLO, 21-4-2015 — /EuropaWire/ — Norges Bank Investment Management has signed an agreement to acquire a 45 percent interest in a 60 million square feet industrial portfolio with additional development potential in a joint venture with Prologis. The agreement was signed … Read the full press release

Norges Bank reduced its participation in Barco to below the threshold of 3.00% of the shares

Disclosure in accordance with the provisions of the Act of 2 May 2007: Transparency law Kortrijk, Belgium, 21-4-2015 — /EuropaWire/ — On 20 April 2015, Norges Bank (the Central Bank of Norway), Bankplassen 2, P.O Box 1179, Sentrum, 0107 Oslo, Norway, … Read the full press release

Syngenta Q1 2015: Robust performance in Europe and effective risk management in the CIS at $4.0 billion sales

Integrated sales up one percent at constant exchange rates Reported sales impacted by currency; full year earnings guidance maintained Robust performance in Europe: effective risk management in the CIS Delayed start to North American season BASEL, 17-4-2015 — /EuropaWire/ — … Read the full press release

The “Writing for CEE” journalism award of APA – Austria Press Agency and UniCredit Bank Austria launched for the twelfth time

Submissions welcome from all round the world – prize of EUR 5,000 VIENNA, 17-4-2015 — /EuropaWire/ — The “Writing for CEE” journalism award of APA – Austria Press Agency and UniCredit Bank Austria has been launched for the twelfth time. … Read the full press release

Standard Chartered Global Research special report identifies the three biggest risks and three most likely opportunities in the global economy

LONDON, 17-4-2015 — /EuropaWire/ — While there are clearly risks, the seismic events the world economy endured over four years – a doubling in oil prices, a major financial crisis, the worst recession since WW2 and the euro crisis – … Read the full press release

The Netherlands and Belgium take a first step by opting for a joint seat on the IMF Board; IMF Spring Meeting takes place in Washington D.C. on 18 and 19 April

At the upcoming IMF Spring Meeting, the members will discuss the state of affairs of the global economy and the reform of the IMF organisation. By mid-2015, agreement must be reached on an interim solution that will lead to a … Read the full press release

UCL and University of Bristol research: Men donate competitively when the fundraiser is an attractive woman

LONDON, 17-4-2015 — /EuropaWire/ — Men give more money through fundraising websites after seeing that other men have donated large amounts and when the fundraiser is an attractive woman, according to new UCL and University of Bristol research. The scientists say … Read the full press release

Vaisala Corporation to publish its Interim Report January-March 2015 on Tuesday, April 28, 2015

VANTAA, 16-4-2015 — /EuropaWire/ — Vaisala Corporation will publish its Interim Report January-March 2015 on Tuesday, April 28, 2015 at about 2:00 p.m (Finnish time). The report will be available at www.vaisala.com. The CEO’s presentation will be published at 4:00 … Read the full press release

Saxo Bank strengthened its capital base by issuing Convertible Tier 2 Notes and new equity capital for EUR 77.5 million in total

Saxo Bank, the global online trading and investment specialist, has announced that it has strengthened its capital base by issuing Convertible Tier 2 Notes in exchange for EUR 46.25 million and by issuing new equity capital in the amount of … Read the full press release