Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Finnvera, Finpro and Tekes launch Team Finland LetsGrow financing programme for SMEs seeking international growth

Under the Team Finland LetsGrow financing programme, companies can receive loans from Finnvera for investments and working capital, grants from Tekes for innovation services and advice from Finpro for international growth. Helsinki, 29-4-2014 — /EuropaWire/ — The programme is intended for growth-seeking … Read the full press release

CACEIS awarded 24 new depository service mandates in Germany in the closed-ended fund sector

PARIS, 28-4-2014 — /EuropaWire/ — Over the past 12 months, CACEIS was awarded some 24 new depository service (Verwahrstelle) mandates in Germany in the closed-ended fund sector. In addition to those mentioned in previous press releases, these wins include well-known asset management … Read the full press release

Cable & Wireless Communications Plc divests its 55% stake in Monaco Telecom for €322 million

LONDON, 28-4-2014 — /EuropaWire/ — Cable & Wireless Communications Plc (“CWC” or the “Company”) today announces that it has agreed the sale of Compagnie Monégasque de Communication S.A.M. (“CMC”), the holding company for CWC’s 55% stake in Monaco Telecom S.A.M. (“Monaco Telecom”), … Read the full press release

AstraZeneca PLC reports revenue up 3% at constant exchange rates in 2014 first quarter

London, UK, 25-4-2014 — /EuropaWire/ — Pascal Soriot, Chief Executive Officer, commenting on the results, said: “The first quarter has seen continued momentum across the business and our revenue growth reflects the increasing contribution from the five growth platforms that showed strong … Read the full press release

HSH Nordbank provides EUR 176 million to finance GAGFAH GROUP’s real estate portfolio of 4,400 residential and 20 commercial units

Hamburg/Kiel, 25-4-2014 — /EuropaWire/ — HSH Nordbank has provided the GAGFAH GROUP with finance of EUR 176 million for a portfolio comprising more than 4,400 residential as well as 20 commercial units with living and useable floor space totalling almost 280,000 … Read the full press release

Hexagon to release Interim Report for the first quarter 2014 on Friday 9 May

Stockholm, Sweden, 25-4-2014 — /EuropaWire/ — Hexagon will release the Interim Report for the first quarter 2014 on Friday 9 May around 12:00-12:30 CET. A combined telephone conference and live webcast (in English) concerning the report will be presented by President … Read the full press release

EnerCap’s new Exergy Efficient Energy Fund to be invested in CEE region

London, 25-4-2014 — /EuropaWire/ — In a second article by Clean Energy Pipeline EnerCap Partner Shane Woodroffe explains why EnerCap is confident about the attractiveness of the CEE region for investments in clean energy infrastructure, such as through EnerCap’s new Exergy Efficient Energy Fund. Please … Read the full press release

Euronext subsidiary EnterNext celebrated the listing of AwoX on Euronext’s regulated market in Paris

Paris, 25-4-2014 — /EuropaWire/ — EnterNext, the Euronext subsidiary designed to promote and grow its market for SMEs[1], today celebrated the listing of AwoX, a pure player in connected objects and technologies for the Smart Home, on Euronext’s regulated market in Paris (compartment … Read the full press release

WPP reports revenues up 1.5% for its 2014 First Quarter Trading

 LONDON, 25-4-2014 — /EuropaWire/ — WPP 2014 First Quarter Trading Update Reported revenues up 1.5% at £2.570 billion in sterling, up 8.7% at $4.257 billion in dollars and up 4.5% at €3.104 billion in euros Constant currency revenues up 9.6%, like-for-like … Read the full press release

Visa Europe: Consumer spending at UK DIY and household stores up over 6% during the Easter weekend compared to 2013

London, 24-4-2014 — /EuropaWire/ — Growth in consumer spending at UK DIY and household stores on Visa cards was up over 6% during the Easter weekend compared to 2013 as homeowners continued to invest in their properties, buoyed by the strong … Read the full press release

New PwC paper ‘Tax strategy and corporate reputation: Balancing trust and growth’ analyses CEO attitudes towards tax policy issues

New PwC paper ‘urges board level consideration and action on key corporate tax issues London,  24-4-2014 — /EuropaWire/ — Nearly two-thirds of CEOs around the world say the international tax system is in urgent need of reform and 70% say the impact … Read the full press release

Luxembourg Stock Exchange admits bond denominated in Indian rupees to trading on its regulated market

FIFTH INR BOND LISTED IN LUXEMBOURG Luxembourg, 23-4-2014 — /EuropaWire/ — On 22 April 2014, the Luxembourg Stock Exchange admitted to trading to its regulated market a bond denominated in Indian rupees (INR), making this the fifth bond in this currency to … Read the full press release

Michael Solender appointed Global Vice Chair and General Counsel at EY

Ron Hauben to succeed Solender as General Counsel of Ernst & Young LLP US London, 22-4-2014 — /EuropaWire/ — EY is pleased to announce the appointment of Michael Solender as Global Vice Chair and General Counsel, effective today, to carry out the … Read the full press release

Societe Fonciere Lyonnaise announced Qatari controlled DIC Holding entered its capital by up to 8.55%

Paris, 22-4-2014 — /EuropaWire/ — SFL takes note that DIC Holding LLC(*) has entered its capital by up to 8.55% and that Predica / Crédit Agricole Assurances have increased their holding from 5.09% to 12.34%. As a result of this transaction, Predica … Read the full press release

Deutsche Börse AG: new db x-trackers ETF on Indonesian government bonds started trading in the XTF segment on Xetra

Frankfurt, 22-4-2014 — /EuropaWire/ — A new db x-trackers bond index fund from the ETF section of Deutsche Asset & Wealth Management has been tradable in the XTF segment on Xetra since Thursday. ETF name: db x-trackers II Markit iBoxx ABF … Read the full press release

Credit Suisse and Switzerland Global Enterprise released their Swiss SME export indicator results for Q2 2014

Zurich, 22-4-2014 — /EuropaWire/ — The outlook for foreign demand for Swiss export goods receded slightly from the previous quarter. It has dimmed particularly for exports to Asian markets. Nevertheless, Swiss SMEs remain just as optimistic as before. Export sentiment hasn’t … Read the full press release

GROUPE BRUXELLES LAMBERT S.A. and ELECTRAFINA shareholders approved all the resolutions in regard to the merger of GBL by ELECTRAFINA

Brussels, 22-4-2014 — /EuropaWire/ — The shareholders of GROUPE BRUXELLES LAMBERT S.A. (GBL) and ELECTRAFINA, at their Extraordinary General Meetings on April 26th 2001, unanimously approved all the resolutions put before them in relation with the merger by absorption of GBL by … Read the full press release

Triton advised funds to acquire GEA Group’s heat exchangers business for €1.3 billion

Bochum/Duesseldorf, Germany, 18-4-2014 — /EuropaWire/ — Funds advised by Triton (“Triton”) have entered into an agreement to acquire GEA Group’s heat exchangers business for an enterprise value of approximately €1.3 billion. The transaction is subject to approval by the relevant antitrust … Read the full press release

ALFAcashier ist eine völlig neue und bequeme Möglichkeit, Bitcoins in USD/EURO zu tauschen

Bitcoin hat mittlerweile globale Popularität und wird weltweit von Dienstleistern und Online-Händlern akzeptiert. Deshalb ist ein schneller und zuverlässiger Umtausch in konventionelle Währungen für viele Geschäfts- und Privatleute heute wichtiger als je zuvor. Die Währungsbörse der nächsten Generation von ALFAcashier … Read the full press release

Banco Santander’s chairman Emilio Botín met with Bank of Shanghai chairman Fan Yifei in China

Emilio Botín and the chairman of Bank of Shanghai meet to review progress in their alliance. The two banks sign a cooperation agreement for universities, to encourage International mobility. Six of China’s most prestigious universities will take part. Botín holds … Read the full press release