Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Enel Ordinary and Extraordinary Shareholders’ Meeting approved 2013 financial statements and appointed new board of directors

Financial statements as of December 31st, 2013 approved; dividend of 0.13 euro per share resolved New Board of Directors appointed for 2014-2016 term Rome, 26-5-2014 — /EuropaWire/ — The Ordinary and Extraordinary Shareholders’ Meeting of Enel S.p.A. met today in Rome under … Read the full press release

GDF SUEZ strengthens its balance sheet with second €2 billion hybrid bond issue

PARIS, 26-5-2014 — /EuropaWire/ — GDF SUEZ today issued a second hybrid bond issue following its hybrid issue of July 2013, for an amount of €2 billion, taking advantage of exceptional market conditions for this type of financing. The Group was … Read the full press release

Generali appoints Isabelle Conner as the new Group Chief Marketing Officer

Trieste, Italy, 26-5-2014 — /EuropaWire/ — Generali announces the appointment of Isabelle Conner as the new Group Chief Marketing Officer. Mrs. Conner is responsible for developing and coordinating the Generali brand and the customer relationship management strategy across the Group. Mario Greco, … Read the full press release

Porsche Financial Services, Inc. issues new ABS bond in the USA worth approximately 490 million US dollars

Once again, high investor demand in refinancing Stuttgart, 23-5-2014 — /EuropaWire/ — Porsche Financial Services, Inc. headquartered in Atlanta, Georgia, has issued a new ABS bond in the USA worth approximately 490 million US dollars. Porsche Financial Services is an indirect, wholly … Read the full press release

Royal Dutch Shell plc sells its 100 percent interest in approximately 106,000 net acres in Dimmit, LaSalle, and Webb Counties, Texas to Sanchez Energy Corporation

The Hague, Netherlands, 23-5-2014 — /EuropaWire/ — Royal Dutch Shell plc (“Shell”) announced today it has agreed to sell its 100 percent working interest in approximately 106,000 net acres in Dimmit, LaSalle, and Webb Counties, Texas to Sanchez Energy Corporation for … Read the full press release

Royal Dutch Shell plc cancels its Scrip Dividend Programme with effect from the second quarter 2014 Interim Dividend onwards

The Hague, Netherlands, 23-5-2014 — /EuropaWire/ — Royal Dutch Shell plc (“Shell”) announces the cancellation of its Scrip Dividend Programme (“the Programme”) with effect from the second quarter 2014 Interim Dividend onwards. The cancellation means that the second quarter 2014 Interim Dividend … Read the full press release

Deutsche Bank AG placed undated Additional Tier 1 Notes with an equivalent value of Euro 3.5 billion

Frankfurt am Main, 23-5-2014 — /EuropaWire/ — Today (May 20, 2014), Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) placed undated Additional Tier 1 Notes with an equivalent value of Euro 3.5 billion. The offering consisted of three tranches: EUR 1.75 billion … Read the full press release

Repsol finaliza la venta de sus activos en Argentina por 6.309 millones de dólares

MADRID, 23-5-2014 — /EuropaWire/ — Repsol ha finalizado el proceso de desinversión de sus activos en Argentina con la venta a JP Morgan Securities de los títulos BODEN 2015 que aún mantenía, por valor nominal de 117,36 millones de dólares, y … Read the full press release

European Central Bank’s annual report shows TARGET2, Europe’s leading large-value payment system, processed 2.1% more payments in 2013

TARGET2 processed 91% of the total value settled by large-value euro payment systems Value of transactions decreased by 22.2% on account of new data collection methodology Almost 57,000 credit institutions across the world can be addressed via the system Frankfurt … Read the full press release

European Ombudsman Emily O’Reilly opened investigation on fundamental rights in the EU’s “cohesion” policy

Strasbourg, France, 22-5-2014 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has opened an investigation on her own initiative into respect for fundamental rights in the EU’s “cohesion” policy. The Ombudsman has received many complaints in this area, for example about problems … Read the full press release

EBRD President Sir Suma Chakrabarti pledged to help deal with devastating floods in Serbia

Belgrade, 22-5-2014 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti has pledged the Bank’s support to help deal with devastating floods in Serbia as part of a wider response to the disaster that extends to all affected countries. In a meeting with Serbian Prime … Read the full press release

EBRD and EU financed the modernisation of public transportation in Moldova’s second biggest city Bălți

Bălți, Moldova, 22-5-2014 — /EuropaWire/ — Bălți, Moldova’s second biggest city, today celebrated the arrival of a fleet of new trolleybuses financed by a loan from the European Bank for Reconstruction and Development (EBRD) and a grant from the European Union. Environmentally … Read the full press release

EU member states signed agreement on the transfer and mutualisation of contributions to single resolution fund to be established as part of Europe’s banking union

Brussels, 22-5-2014 — /EuropaWire/ — Representatives of 26 EU member states¹ today signed an intergovernmental agreement on the transfer and mutualisation of contributions to a single resolution fund that will be established as part of Europe’s banking union. The agreement will complement … Read the full press release

European Commission launches Biodiversity for Life (B4Life) initiative to protect ecosystems, combat wildlife crime and develop green economies

Brussels, 22-5-2014 — /EuropaWire/ — On the International Day for Biological Diversity today, the Commission is launching a major new initiative to halt biodiversity loss and eradicate poverty in developing countries. The EU Biodiversity for Life (B4Life) flagship initiative is designed to help … Read the full press release

EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May to support employment, social cohesion and economic development

Luxembourg, 22-5-2014 — /EuropaWire/ — The EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May. Projects supported include the refurbishment of schools, investment in France’s small businesses, a motorway and sustainable public transport initiatives. These will all contribute … Read the full press release

Lemminkäinen agreed on amended terms of its EUR 185 million credit facility with the lenders

LEMMINKÄINEN HAS AGREED ON AMENDED TERMS OF ITS CREDIT FACILITY AND CONTINUES MEASURES TO STRENGHTEN THE BALANCE SHEET Helsinki, Finland,  21-5-2014 — /EuropaWire/ — Lemminkäinen Corporation agreed on a three-year unsecured syndicated revolving credit facility of EUR 185 million in March 2013. The … Read the full press release

MYTILINEOS Group announced net profit up 36.5% in their financial results for the 1st Quarter of 2014

Maroussi, Greece, 21-5-2014 — /EuropaWire/ — 2014-Q1 Highlights: Operational profitability (EBITDA) up 28%. Net profit up 36.5%. Generation of strong cash flows and improvement of the Group’s credit profile. Net borrowing further reduced to €436.9 million, down from €509.7 million in 2013 and … Read the full press release

SAP shareholders approved the conversion of legal form to a European stock corporation (Societas Europaea, SE)

Annual General Meeting of Shareholders 2014 Mannheim, Germany,  21-5-2014 — /EuropaWire/ — The Annual General Meeting of Shareholders of SAP AG today approved all management proposals for the agenda items. With more than 99% of the votes, the shareholders approved the conversion … Read the full press release

University of Tübingen president Bernd Engler calls students to march in protest on 21 May against state government funding cuts

Tübingen: “Further cuts mean shutting down” Tübingen, Germany, 20-5-2014 — /EuropaWire/ — The President, staff council and students at the University of Tübingen are calling on all members to join the statewide day of protest on Wednesday, 21 May, to express their … Read the full press release