Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

R J Kiln & Co Limited released updated forecasts for 2012 and 2013 years of account for its three non-aligned syndicates

All syndicates are forecast to deliver profits for the 2012 and 2013 years of account Kiln remains focused on product innovation to address changing risk portfolios Experienced in managing the business through soft market conditions London, 19-5-2014 — /EuropaWire/ — R J … Read the full press release

Swiss National Bank announced the fourth gold agreement between central banks in Europe

Zurich, 19-5-2014 — /EuropaWire/ — The Swiss National Bank (SNB), the European Central Bank (ECB), the central banks of the euro area (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain) … Read the full press release

Saxo Bank adds six new FX OTC forward outright crosses

Copenhagen, Denmark, 19-5-2014 — /EuropaWire/ — Saxo Bank, the online multi-asset trading and investment specialist, has announced the addition of six new FX OTC forward outright crosses, increasing the total offering in forwards to 121 pairs. The foreign exchange rate crosses; AUDNOK … Read the full press release

Lenzing Group reports Q1/2014 financial results

Lenzing Group: Difficult Market Situation Continued in Q1/2014 – Countermeasures Have a Positive Impact New record sales volume of 235,000 tons (+9%) in Q1/2014 Declining average fiber selling prices burden consolidated sales and earnings Cost optimization program excelLENZ exceeds targets … Read the full press release

Central Bank of Malta and MaltaPost launch numismatic silver coin and silver stamp commemorating 50th anniversary of Malta’s Independence

Valletta, 15-5-2014 — /EuropaWire/ — On Wednesday 14 May 2014, the Central Bank of Malta and MaltaPost launched a joint product consisting of a numismatic silver coin and a silver stamp, commemorating the 50th anniversary of Malta’s Independence. This product also marks … Read the full press release

ZEISS reports 5% increase in revenue in its first six months of the 2013/14 fiscal year

Good start to the fiscal year – cautious outlook Revenue and earnings above prior year, but negatively impacted by currency effects Momentum slows in the emerging economies Increased demand for ZEISS lithography optics for the semiconductor industry, but delays in … Read the full press release

Bank Austria reports EUR 350 million profit for Q1-2014

Sound commercial banking business with customers impacted by weak credit demand, low market interest rates and exchange rate movements Charge for bank levies (Austria and CEE) and financial transaction taxes up by 8.1 per cent to a total of EUR … Read the full press release

Rabobank’s Dutch Housing Market Quarterly: existing homes market slowly picks up after over five years of crisis

Utrecht, Netherlands, 14-5-2014 — /EuropaWire/ — After over five years of crisis, the market for existing homes is slowly but surely picking up again in the current year and this trend is set to continue next year. The number of owner-occupied houses … Read the full press release

Barco NV updates on its share buy-back program

Kortrijk, Belgium, 14-5-2014 — /EuropaWire/ — In accordance with the regulations Barco NV hereby discloses information regarding the acquisition of own shares. Under the framework of the share buy-back program, as announced per 7th May 2014, the company reports today that during the … Read the full press release

Ericsson acquires media services company Red Bee Media

Ericsson welcomes 1,500 new employees to its growing broadcast services business Expands list of high-profile broadcast services customers The UK becomes a major global media hub for Ericsson Stockholm, Sweden, 13-5-2014 — /EuropaWire/ — Ericsson (NASDAQ: ERIC) has completed its acquisition of … Read the full press release

Belgacom reports commercially strong 2014 first quarter

Financial performance in line with company expectations, full-year guidance reiterated Mobile service revenue trend further improving Solid operational performance: Mobile Postpaid, TV & Fixed Internet customer base further growing Brussels, Belgium, 13-5-2014 — /EuropaWire/ — Solid operational results: Mobile Postpaid, TV & … Read the full press release

ArcelorMittal Europe announces €58 million operating profit for the first three months of 2014

ArcelorMittal Europe today announced results for the first quarter of 2014. Luxembourg,  9-5-2014 — /EuropaWire/ — The segment recorded an operating profit of €58 million for the first three months of 2014. This compares with an operating loss of €396 million in … Read the full press release

Banco de España director Linette Field appointed deputy director-general of Single Supervisory Mechanism at European Central Bank

Madrid, 9-5-2014 — /EuropaWire/ — Linette Field, the current Head of Division of the Directorate General Micro-Prudential Supervision II of the European Central Bank, has been appointed to head one of the six Deputy Directorates General of the Single Supervisory Mechanism (SSM), which … Read the full press release

Abertis reports 4% increase in revenues in Q1 2014

Revenues: €1,095Mn (+4%). EBITDA: €686Mn (+8.2%). Net profit: €125Mn (+6% recurrent). Traffic January-April 2014: +3.8% across whole Abertis network, +2.7% in Spain Barcelona, 9-5-2014 — /EuropaWire/ — Abertis outperformed market profit forecasts in the first quarter of 2014, with its main performance indicators … Read the full press release

Nokia launches Connected Car fund to invest in promising auto tech and local services companies

The fund will invest in promising auto tech and local services companies in collaboration with HERE, a Nokia company, to grow the ecosystem around HERE’s mapping and location products and services. Espoo, Finland, 8-5-2014 — /EuropaWire/ — Nokia today announced the launch … Read the full press release

Accenture chief executive for United States Jorge Benitez to retire on June 1

NEW YORK, 8-5-2014 — /EuropaWire/ — Accenture (NYSE: ACN) announced today that Jorge Benitez will step down on June 1 as chief executive – United States and senior managing director – North America and retire from the company on Aug. 31, 2014. … Read the full press release

Accenture named Leader in Oracle Application Services Providers by analyst firm Forrester Research, Inc

NEW YORK, 8-5-2014 — /EuropaWire/ — Accenture (NYSE: ACN) has been named a Leader in Oracle Application Services Providers by Forrester Research, Inc., a leading industry analyst firm. Accenture received the highest scores in numerous criteria, including Cloud deployment for Oracle, Experience … Read the full press release

Accenture appoints new Group Chief Executives; Stephen J. Rohleder for North America and Daniel T. London for Health & Public Service

NEW YORK, 8-5-2014 — /EuropaWire/ — Accenture (NYSE: ACN) has appointed Stephen J. Rohleder to the newly created position of group chief executive – North America, to support the company’s continued focus on building a strong leadership position in key geographic markets. … Read the full press release

Ghent University PhD students won ‘Excellence in Law’ award at the International Academic Conference on Law and Politics

Ghent, Belgium, 8-5-2014 — /EuropaWire/ — Angie Clocheret and Sibylle Van Belle, 2 assistant academic staff and PhD students in tax law at Ghent University, have won the ‘Excellence in Law’ award at the International Academic Conference on Law and Politics (IACLP) … Read the full press release

Symrise reports sales up by 8 % at local currency in Q1 2014

• Group sales up by 8 % at local currency • Increase in sales by 12 % in Emerging Markets • EBITDA up 9 % to € 101 million – EBITDA margin of 21.5 % • Earnings per share rise … Read the full press release