Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Loewe AG and its subsidiary Loewe Opta GmbH to restructure under creditors’ protection proceedings “Schutzschirmverfahren”

Posted on 26, July 2013 by

Talks with strategic partners and investors ongoing Extension to the restructuring concept – radical review of value addition and positioning strategy Strategic expansion of product range Kronach, 26-7-2013 — /EuropaWire/ — Loewe AG and its subsidiary Loewe Opta GmbH are to restructure … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Germany, Investment

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Natixis’s shareholders to consider exceptional €2B cash distribution on general meeting 31 July 2013

Posted on 26, July 2013 by

26-7-2013 — /EuropaWire/ — The board of directors of Natixis has convened a general meeting of the shareholders to take place on 31 July 2013 at 9.00 a.m. with a view to considering an exceptional cash distribution of €0.65 per  share, … Read the full press release →

Posted in Banks, Business, Financial, France, Investment

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Gamesa H1 2013 results: improved profitability, 5.9% EBIT margin and €22M profit

Posted on 26, July 2013 by

In a context of lower activity, group margins outstripped 2013 guidance as a result of optimising variable costs and reducing fixed expenses Operating and maintenance services contributed 16% of revenues and enhanced profitability Net financial debt amounted to 620 million … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Spain

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The Piaggio Group released its H1 2013 results, consolidated net sales €671.5M

Posted on 26, July 2013 by

Consolidated net sales € 671.5 million (€ 764.1 mln in H1 2012) Ebitda € 100.6 million (€ 114.4 mln in H1 2012) Ebitda margin 15.0% (identical to H1 2012) Gross industrial margin € 207.3 mln (€ 236.3 mln in H1 … Read the full press release →

Posted in Automotive, Business, Financial, Investment, Italy, Transportation & Logistics

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Swedish-Danish company AAK to buy Unilever’s Unipro bakery and industrial oils business in Turkey

Posted on 26, July 2013 by

London/Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that it has signed an agreement, subject to regulatory approval, to sell its Unipro bakery & industrial oils business to AAK, one of the world’s leading producers of high value-added speciality vegetable fats, … Read the full press release →

Posted in Agriculture, Business, Denmark, Financial, Food & Beverage, Investment, Netherlands, Sweden, Turkey, United Kingdom

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Unilever’s Audit Committee invites leading accountancy firms to tender for its statutory audit contract

Posted on 26, July 2013 by

London/ Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that its Audit Committee will invite leading accountancy firms to tender for its statutory audit contract. PricewaterhouseCoopers’ appointment will expire upon completion of their audit of the accounts for the year ending … Read the full press release →

Posted in Business, Financial, Investment, Law, Netherlands, United Kingdom

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Kuehne + Nagel-Group posted its H1 2013 Results, improvement in Q2

Posted on 26, July 2013 by

Schindellegi / CH, 26-7-2013 — /EuropaWire/ — After a positive trend in the first three months of the year, the result development gained momentum in the second quarter of 2013. Compared to the previous year’s second quarter, the Kuehne + Nagel … Read the full press release →

Posted in Business, Financial, Investment, Switzerland, Transportation & Logistics

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Société Foncière Lyonnaise released its H1 2013 results, resilient rents and appraisal values

Posted on 26, July 2013 by

Property rentals: €74.6m, up 5.7% on a comparable portfolio basis Property portfolio value: €3,745m, up 4.3% on a comparable portfolio basis Attributable net profit: €82.2m 26-7-2013 — /EuropaWire/ — The interim consolidated financial statements for the six months ended 30 June 2013 were … Read the full press release →

Posted in Business, Financial, France, Investment, Real Estate

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Central Bank of Ireland announced Wexford Town chosen to host its 1c and 2c Rounding Trial

Posted on 26, July 2013 by

26-7-2013 — /EuropaWire/ — The Central Bank today announced that Wexford Town has been chosen to host its 1c and 2c Rounding Trial. The Trial will run in Wexford town over a number of weeks later in the Autumn.  It will … Read the full press release →

Posted in Banks, Business, Financial, Government, Ireland

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Eurazeo’s growth capital business Eurazeo Croissance appointed Elina Berrebi as analyst

Posted on 26, July 2013 by

26-7-2013 — /EuropaWire/ — Since its creation in 2010, Eurazeo Croissance, Eurazeo’s growth capital business, has invested over €150 million in high-growth potential companies. It is currently a shareholder in Fonroche Energie, a developer of renewable energies, 3SP Group, a global … Read the full press release →

Posted in Business, Financial, France, Investment, Management

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El Banco de España publica la Guía de acceso al préstamo hipotecario

Posted on 26, July 2013 by

Madrid, 26-7-2013 — /EuropaWire/ — El Banco de España publica hoy la Guía de acceso al préstamo hipotecario, un compendio de toda la información necesaria para el consumidor que accede a este tipo de crédito para adquirir una vivienda. La Guía tiene como objetivo … Read the full press release →

Posted in Banks, Business, Financial, Government, Investment, Real Estate, Spain

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Insurance-linked investments pioneer LGT ILS signed three substantial new mandates worth over $400M from large European pension funds in H1 2013

Posted on 25, July 2013 by

Pfaeffikon, Switzerland, 25-7-2013 — /EuropaWire/ — LGT’s Insurance-Linked Strategies team has won three large mandates worth USD 400 million from institutional investors. LGT is pleased to announce that in the first half of 2013 its Insurance-Linked Strategies (ILS) team has been awarded … Read the full press release →

Posted in Business, Financial, Insurance, Investment, Luxembourg, Switzerland

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DZ BANK AG: Willkommen SEPA

Posted on 25, July 2013 by

Entwarnung für Privatkunden Großer Nachholbedarf für Unternehmen Auch Vereine sind von SEPA-Einführung betroffen 25-7-2013 — /EuropaWire/ — Am 1. Februar 2014 ist es soweit: Für alle Überweisungen und Lastschriften in Europa gelten dann einheitliche Regeln, die unter dem Namen SEPA von … Read the full press release →

Posted in Banks, Business, Education, Financial, Germany

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Caixa Geral de Depósitos, S.A.(CGD) ratings confirmed by rating agency Fitch

Posted on 25, July 2013 by

25-7-2013 — /EuropaWire/ — The rating agency Fitch has confirmed on 10 July 2013 its ratings for Caixa Geral de Depósitos (CGD), namely the support-driven Long-term Issuer Default Ratings (IDRs) at ‘BB+’ and Support Ratings at ‘3’. The Outlook on CGD’s … Read the full press release →

Posted in Banks, Business, Financial, Investment, Portugal

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Danske Bank’s Standard & Poor’s rating outlook changed from positive to stable, bank’s rating remains unchanged at A-/A-2

Posted on 25, July 2013 by

25-7-2013 — /EuropaWire/ — Standard & Poor’s (S&P) has revised its ratings of a number of Nordic financial groups. In this connection, Danske Bank’s rating outlook has been changed from positive to stable. The Bank’s rating remains unchanged at A-/A-2. The … Read the full press release →

Posted in Banks, Business, Denmark, Financial, Investment

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The Alexander von Humboldt Foundation to finance its Georg Forster Research Fellowships with additional €7M from EU’s Marie Curie Co-funding of Regional, National and International Programmes

Posted on 25, July 2013 by

BMZ-sponsored fellowship programme is co-financed by the EU 25-7-2013 — /EuropaWire/ — The Alexander von Humboldt Foundation has attracted approximately 7 million EUR in European Union (EU) funding, which it will use to finance additional measures to make the Foundation’s Georg … Read the full press release →

Posted in Education, European Union, Financial, Germany, Government, Investment, Non Profit, Science

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CaixaBank’s new comprehensive bill management service ReciBox includes all the latest developments in online banking, mobile banking and data analysis

Posted on 25, July 2013 by

ReciBox includes all the latest developments in online banking, mobile banking and data analysis, to help customers manage their bills in a simple and convenient manner. It is exclusively available to customers of the multiEstrella loyalty program. 25-7-2013 — /EuropaWire/ … Read the full press release →

Posted in Banks, Business, Financial, Internet & Online, Spain, Technology

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Eesti Pank: Estonia issued cards involved in fradulent transactions were 0.002% of all EU card transactions

Posted on 25, July 2013 by

25-7-2013 — /EuropaWire/ — The report published last week by the European Central Bank on card fraud showed that card payments have become more secure due to technological advances and that the share of card transactions that are fraudulent has fallen … Read the full press release →

Posted in Banks, Business, Estonia, Financial, Government, Law

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Decisions made on Banca Monte dei Paschi di Siena’s extraordinary and ordinary shareholders’ meeting

Posted on 25, July 2013 by

Amendments to the Articles of Association approved:- removal of share ownership ceiling of 4%; – introduction of a maximum limit of two consecutive terms after the first mandate for members of the Board of Directors with the exception of the outgoing Managing … Read the full press release →

Posted in Banks, Business, Financial, Investment, Italy, Management

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Deutsche Börse names Liquidnet as the Block Agent for its new block trading service to launch on Xetra MidPoint 29 July 2013

Posted on 25, July 2013 by

25-7-2013 — /EuropaWire/ — Xetra/FWB: Deutsche Börse will launch a new block trading service on Xetra MidPoint on 29 July and named Liquidnet, the global institutional trading network as the Block Agent for this new service. This new block trading model provides … Read the full press release →

Posted in Business, Financial, Germany, Investment

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