Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Orco Property Group’s largest shareholders executed reserved capital increase

Paris, 08-8-2013 — /EuropaWire/ — On 26 July 2013, the largest shareholders of Orco Property Group (“OPG”), Gamala Limited, Kingstown Capital Management, LP, Alchemy Special Opportunities Fund II L.P. and Stationway Properties Limited, executed subscription agreements to subscribe for 6,666,667 new OPG shares at a … Read the full press release

Essilor International to acquire 51% stake in Florida based photochromic lenses leader Transitions Optical owned by PPG

Charenton-le-Pont, France, 08-8-2013 — /EuropaWire/ — Essilor International announces the signature of an agreement to acquire the 51% stake in Transitions Optical owned by PPG. Transitions Optical is a leading provider of photochromic lenses to optical manufacturers worldwide. Following the transaction, Essilor … Read the full press release

Belgacom Group released its Q2-2013 financial results, on track to meet full-year guidance

Belgacom on track to meet its full-year guidance Positive trend change in mobile confirmed with strong postpaid customer growth Convergence strategy clear differentiator in challenging market 06-8-2013 — /EuropaWire/ — Operational results: further growth of customer base for TV, Internet, mobile … Read the full press release

Alcatel-Lucent wholly-owned subsidiary Alcatel-Lucent USA Inc intends to offer $500M Senior Notes due on January 1, 2020 to qualified institutional buyers in the United States

Paris, 06-8-2013 — /EuropaWire/ — Alcatel-Lucent (Euronext Paris and NYSE: ALU) announces today that its wholly-owned subsidiary, Alcatel-Lucent USA Inc., intends to offer $500 million Senior Notes due on January 1, 2020 (the “Notes”) in an offering to qualified institutional buyers … Read the full press release

CEPSA reported clean CCS net income of €199.9 million in H1-2013, down 20% YoY

Madrid, 06-8-2013 — /EuropaWire/ — Domestic Business Activities and a Drop in Crude Oil Sales Hinder the Group’s Earnings. Earnings from international business operations account for 63% of the Group’s Net Income Weak consumer demand, tight marketing margins and a challenging environment … Read the full press release

CEPSA announced it now controls 42% in MEDGAZ S.A., the operator of Algerian-European gas pipeline via Spain

Exercising its right of first refusal, CEPSA has acquired part of GdF Suez´s shareholdings in the MEDGAZ consortium CEPSA will maintain a 20% share of the deepwater pipeline’s transport capacity Madrid, 06-8-2013 — /EuropaWire/ — As provided in the Bylaws of MEDGAZ … Read the full press release

Offshore drilling contractor Transocean Ltd to report Q2-2013 earnings on Wednesday, August 7, 2013, following the close of NYSE trading

ZUG, SWITZERLAND, 06-8-2013 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that it will report earnings for the three months ended June 30, 2013 on Wednesday, August 7, 2013, following the close of trading on the NYSE. The company … Read the full press release

Austrian RZB Group released its new 2011/2012 sustainability report

Broad inclusion of stakeholders 46 GRI performance indicators reported on External audit confirms application level “B+” Sustainable engagement artistically implemented 05-8-2013 — /EuropaWire/ — The RZB Group’s Sustainability Report for the period 2011/2012 has been published today under the motto “We … Read the full press release

ABB announced the acquisition of Alstom’s ring motor business based in Bilbao, Spain

Acquisition enables ABB to further strengthen gearless mill drive system business Zurich, Switzerland, 05-8-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) … Read the full press release

Aktia plc shareholder meeting on Thursday, 12 September 2013 at 11am at Tekniskas Salar, Eerikinkatu 2, Helsinki

05-8-2013 — /EuropaWire/ — Following the merger of Aktia plc with Aktia Bank plc on 1 July 2013, all shareholders of Aktia plc are summoned to a shareholder meeting to determine the final account of Aktia plc. The shareholder meeting is held … Read the full press release

The leading power and automation technology group ABB announced it acquired French software company Newron System S.A.

Transaction is in line with ABB’s expansion strategy in automation solutions for buildings Zurich, Switzerland, 05-8-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, has acquired French software company Newron System S.A. to expand its market reach and … Read the full press release

Spanish pharmaceutical company Almirall released its H1 2013 financial results

Barcelona,  05-8-2013 — /EuropaWire/ — Almirall’s H1: Executing on growth platforms, financial delivery on track Financial performance in line with guidance Aclidinium now available in 13 countries with five new launches planned before year’s end US/EU filings of aclidinium/formoterol combination are … Read the full press release

Watercraft Capital EUR 1.4 billion bond issue admitted to trading on Luxembourg Stock Exchange regulated market

FIRST BOND SUPPORTED BY THE EUROPEAN INVESTMENT BANK AS PART OF ITS PROJECT BOND INITIATIVE 05-8-2013 — /EuropaWire/ — On 2 August 2013, the Luxembourg Stock Exchange will admit to trading on its regulated market a bond issue from Watercraft Capital … Read the full press release

ArcelorMittal Flat Carbon Europe reported 49% decreased operating loss in H1 2013 (€194M) compared to H1 2012 (€340M)

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for Q2 2013. The segment recorded an operating loss of €151 million for Q2 2013 which excludes interest and tax costs. This includes restructuring costs totalling … Read the full press release

ArcelorMittal released its HY 2013 report, recasts its 2012 annual report on Form 20-F

Luxembourg, 05-8-2013 — /EuropaWire/ — ArcelorMittal has published today its Half-Year Report for the six month period ended 30 June, 2013 (“HY Report”). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January … Read the full press release

Solvay released its Q2 and H1 2013 financial report

05-8-2013 — /EuropaWire/ — Second quarter and first half year 2013 Financial Report Forenote All references to 2012 P&L data are to be deemed restated for the new business organization effective as from January 1st 2013, the reporting of Solvay Indupa … Read the full press release

EY: 350 M&A and capital raising deals worth US$78.6b in the mining and metals companies globally during H1 2013, 30% down YoY

M&A and capital raising activity by mining and metals companies globally during January – June 2013 (1H) remained very subdued, pointing to the third consecutive year of declining deal volumes for the sector. 05-8-2013 — /EuropaWire/ — During the first half … Read the full press release

Solvay CFO Bernard de Laguiche steps down, Karim Hajjar appointed as his successor

Brussels, 05-8-2013 — /EuropaWire/ — Solvay announces today Bernard de Laguiche’s decision to end his 26-year career at Solvay of which 7 years as Group Chief Financial Officer and has appointed Karim Hajjar as his successor. Bernard de Laguiche, a Brazilian … Read the full press release

Gorenje, d.d. announced the company officers authorised to collect proxies for shareholders to exercise their voting rights

Velenje, Slovenia, 05-8-2013 — /EuropaWire/ —  Throughout the years, Gorenje, d.d., has been encouraging all shareholders to actively exercise their rights by organised collection of proxies and in accordance with the Slovenian Corporate Governance Code recommendation is announcing that as of … Read the full press release

Fiat Group Automobiles reported its Fiat-Chrysler July 2013 sales

Turin, 05-8-2013 — /EuropaWire/ — Fiat Group Automobiles reports July sales in Italy of 31,400 vehicles, with share increasing 170 basis points over the June level to 29.2%. For the year to July, sales totaled nearly 245,000 vehicles with market share … Read the full press release