Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Fugro Subsea Services wins USD 250 million 5-year contract for underwater inspection, maintenance and repair services in Malaysia

Leidschendam, Netherlands, 18-2-2014 — /EuropaWire/ — Fugro Subsea Services has been awarded a long term contract by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited (Shell) for the provision of underwater inspection, maintenance and repair services at their subsea infrastructure across … Read the full press release

voestalpine AG reports solid result for the first nine months of the business year 2013/14, despite economic challenges

Revenue declines slightly by 3.1% from EUR 8.7 to EUR 8.4 billion At EUR 1.01 billion, operating result (EBITDA) just slightly below last year’s figure (EUR 1.04 billion) At EUR 573 million, profit from operations (EBIT) is 5.6% or EUR … Read the full press release

Dassault Systèmes commenced cash tender offer for all outstanding shares of Nasdaq-listed Accelrys common stock at $12.50 per share

VÉLIZY-VILLACOUBLAY, France, 14-2-2014 — /EuropaWire/ — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions announces that it commenced a cash tender offer for all … Read the full press release

Danone announced it now owns 9.9% in China’s leading dairy company Mengniu

Paris, France, 14-2-2014 — /EuropaWire/ — Danone today (February 12, 2014) announced an agreement, together with COFCO Dairy Investments, to subscribe a reserved rights issue by China’s leading dairy company Mengniu, raising its interest in this company from 4.0% to 9.9% for an investment … Read the full press release

Sampo Group reports EUR 1,668 million profit before taxes for 2013 vs. EUR 1,622 million in 2012

Helsinki, Finland, 14-2-2014 — /EuropaWire/ — Sampo Group’s profit before taxes for 2013 rose to EUR 1,668 million compared to EUR 1,622 million in 2012. Total comprehensive income for the period, taking changes in the market value of assets into account, amounted … Read the full press release

EU’s Seventh Framework Program: Technische Universität München (TUM) won the largest amount of research funding among German universities

Among all of the German universities, the Technische Universität München (TUM) has won the largest amount of research funding from the just-expired Seventh Framework Program (FP7) of the EU, with a total of more than 130 million euros. The latest … Read the full press release

Altran to acquire 100% of Massachusetts-based Foliage, Inc.

Paris, France, 12-2-2014 — /EuropaWire/ — Altran has announced the acquisition of 100% of Foliage, a Burlington, Massachusetts-based company founded in 1991. This strategic acquisition will reinforce the Group’s offer in innovative product development, a segment where Altran is already active through its subsidiary … Read the full press release

Michael Benz appointed Group Head of Private Banking at Standard Chartered

London, UK, 11-2-2014 — /EuropaWire/ — Standard Chartered has appointed Michael Benz as the Bank’s new Group Head of Private Banking. This appointment is effective 17 February 2014. Michael joins Standard Chartered with a wealth of experience spanning more than 20 years in … Read the full press release

Standard Chartered Private Equity commits further USD15 million to one of Southern Africa’s largest integrated fruit producers and exporters

London, UK, 11-2-2014 — /EuropaWire/ — Standard Chartered Private Equity (“SCPE”), the investment division of Standard Chartered Bank, announced that it has committed a further USD15 million (ZAR150 million) to existing  portfolio company and Bank client, Afrifresh Group (Proprietary) Limited (“Afrifresh”) –  … Read the full press release

Dassault Systèmes reports IFRS unaudited financial results for the fourth quarter and year ended December 31

Paris, France, 10-2-2014 — /EuropaWire/ — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today reports IFRS unaudited financial results for the fourth quarter and year … Read the full press release

The European Central Bank published draft of the ECB Single Supervisory Mechanism (SSM) Framework Regulation for public consultation

Draft Framework Regulation sets out how ECB will cooperate with national competent authorities (NCAs) Final version to be published by 4 May 2014 ECB to fully assume its supervisory tasks on 4 November 2014 Frankfurt am Main, Germany, 10-2-2014 — /EuropaWire/ … Read the full press release

ABLV Group’s ABLV Private Equity Fund 2010 increased shareholding in leading Latvian pharmaceutical company AS Grindeks

Riga, Latvia, 10-2-2014 — /EuropaWire/ — ABLV Private Equity Fund 2010, KS which is a part of ABLV Group, has increased its shareholding in the leading Latvian pharmaceutical company AS Grindeks to 22.66%. In addition to AS Grindeks shares previously owned, ABLV … Read the full press release

Global stock market: Management company comment about ABLV open-end mutual funds in January

Riga, Latvia, 10-2-2014 — /EuropaWire/ — January in global stock market can be divided into two parts. During the first half of the month, trends of the previous year were continued – decoupling in stock markets of developed and emerging countries. Most … Read the full press release

BlackRock Investment Management (UK) Limited notified Delhaize Group that it now owns 4.86% of Delhaize Group’s voting rights

Brussels, Belgium, 7-2-2014 — /EuropaWire/ — Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, Delhaize Group (Euronext Brussels: DELB – NYSE: DEG), the Belgian international food retailer, has received a notification of … Read the full press release

University of Bristol received £162,400 funding from Natural Environment Research Council (NERC)

Bristol, UK, 6-2-2014 — /EuropaWire/ — Two University of Bristol projects have received a total of £162,400 funding from the Natural Environment Research Council (NERC) as part of a £4.6 million investment in 24 projects that will let the UK research … Read the full press release

Daimler AG to share profit with more than 130,000 eligible wage-tariff employees

In addition to the profit sharing payment of 2,541 euros, employees will receive a one-time special bonus of 500 euros Special bonus rewards efforts and outstanding performance Payment will take place with the April salaries for more than 130,000 eligible … Read the full press release

K+S commissioned study shows K+S Verbundwerk Werra is a central building block for the economic and demographic development of the region

With 4,400 employees at the Werra plant, K+S is the most important employer in the region Company helps secure a further 3,000 jobs at suppliers in Hesse and Thuringia Medium-sized businesses in the region received orders worth € 195 million … Read the full press release

ArcelorMittal received US antitrust clearance for ThyssenKrupp Steel USA acquisition

Luxembourg, 5-2-2014 — /EuropaWire/ — ArcelorMittal today announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on January 29, 2014 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, … Read the full press release

Chrysler Group LLC announced pricing of its $5 Billion Debt Offering

Turin, Italy, 5-2-2014 — /EuropaWire/ — Chrysler Group LLC (“Chrysler Group”) announced yesterday the pricing of its previously announced offering of secured senior debt securities to yield approximately $3.0 billion in net proceeds. Chrysler Group also priced senior secured term loan facilities under which … Read the full press release

Electrolux CEO Keith McLoughlin comments on company’s full year and Q4-2013 results

Continued strong organic growth and restructuring activities moving ahead Stockholm, Sweden, 3-2-2014 — /EuropaWire/ — In 2013, Electrolux delivered organic sales growth of 4.5%, the second consecutive year ahead of our annual target of 4%. Over the past two years, growth … Read the full press release