Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Experian and Big Issue Invest partnership Rental Exchange can boost credit ratings for 93 per cent of social housing tenants

Tenants will also find it much easier to prove their identity online Nottingham, UK, 12-11-2013 — /EuropaWire/ — A massive 93 per cent of social housing tenants would receive a welcome boost to their credit ratings if information about their regular rent … Read the full press release

Deutsche Telekom announced it acquired GTS Central Europe for €546 million from consortium of private equity firms

Enhanced ability to provide innovative pan-European cross-border telecommunication services for business customers Acquisition complements Deutsche Telekom’s mobile centric infrastructure in key European markets Strengthened position in the market for multinational customers Bonn, Germany, 11-11-2013 — /EuropaWire/ — Deutsche Telekom is strengthening its … Read the full press release

Investor interested in buying Loewe

Crucial restructuring milestone Specific, written offer Broad acceptance for the strategic realignment Kronach, Germany, 11-11-2013 — /EuropaWire/ — The restructuring of the company Loewe will soon reach its successful conclusion: an initial investor has expressed interest in buying Loewe, and has made … Read the full press release

HUGO BOSS AG reported increased sales and profitability in the first nine months of 2013

 Accelerating growth momentum in Group’s own retail business supports sales expansion in third quarter Rise in sales and significantly higher gross profit margin drive operating profit increase Management forecasts sales and earnings improvements of between 6% and 8% for 2013 as … Read the full press release

Български енергиен холдинг ЕАД приключи предварителното записване на облигационна емисия в размер на 500 милиона евро с падеж ноември 2018 г

София, България, 8-11-2013 — /EuropaWire/ — На 31 октомври 2013 г. Български енергиен холдинг ЕАД успешно приключи предварителното записване на облигационна емисия в размер на 500 милиона евро. Емисията е с падеж ноември 2018 г. След интензивни срещи с инвеститори във Франкфурт, … Read the full press release

The Czech car manufacturer ŠKODA Auto delivered 685,000 vehicles and reported €7.4 billion sales revenue in the first nine months of 2013

ŠKODA delivered 685,000 vehicles between January and September 2013. Nine-month sales revenue well over seven billion euros. Sound result: operations after third quarter at 371 million euros. Operating profit increases by 8.8% in third quarter. Mladá Boleslav, Czech Republic, 8-11-2013 — /EuropaWire/ — The Czech … Read the full press release

The Banco de España divested its holding in Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, S.A.

Madrid, Spain, 7-11-2013 — /EuropaWire/ — The Banco de España has, through an accelerated bookbuilding competitive process, sold 4,460,913 shares in Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, S.A. (BME), accounting for 5.335% of its capital stock, at a price … Read the full press release

Accenture to optimize Zurich Insurance Group’s global finance IT function under five-year application services agreement

Zurich, Switzerland, 7-11-2013 — /EuropaWire/ — Accenture (NYSE: ACN) is assisting Zurich Insurance Group (Zurich) to streamline Zurich’s global finance IT function under a five-year application services agreement signed in 2012. The initiative, which is being implemented through Accenture Finance and Risk … Read the full press release

Capgemini Group reports €2,451 million consolidated revenues in Q3 2013, up 1.6% vs. Q3 2012

Paris, France, 7-11-2013 — /EuropaWire/ — Capgemini Group reports Q3 2013 consolidated revenues of €2,451 million, up 1.6% vs. Q3 2012 on a like-for-like basis (i.e. at constant Group structure and exchange rates). This return to growth confirms the steady improvement recorded … Read the full press release

Caixa Geral de Depósitos promove festa na KidZania para ensinar os mais novos a poupar

CGD promove festa na KidZania para ensinar os mais novos a poupar Lisbon, Portugal, 6-11-2013 — /EuropaWire/ — «A Grande Festa Aprenda a Poupar» é o nome da iniciativa que a Caixa Geral de Depósitos vai levar a cabo entre 1 e … Read the full press release

Danske Bank reports EUR 696.2 million net profit for the first nine months of 2013

Danske Bank reports net profit of DKK 5.2 billion (EUR 696.2 million) for the first nine months of 2013 Guidance for full-year 2013 net profit lowered Copenhagen, Denmark, 6-11-2013 — /EuropaWire/ — Danske Bank has announced its financial results for the first nine months … Read the full press release

Danske Bank appointed Glenn Söderholm Head of Corporates & Institutions (C&I) and member of the Bank’s Executive Board

Copenhagen, Denmark, 6-11-2013 — /EuropaWire/ — Danske Bank has appointed Glenn Söderholm (aged 49) Head of Corporates & Institutions (C&I) and a member of the Bank’s Executive Board with effect on 1 November 2013. In this position, Glenn Söderholm succeeds Thomas F. … Read the full press release

Vivendi and Lagardère reached agreement through Paris Tribunal de Commerce mediation for the 20% stake in Canal+ France disposal

Joint Press Release Paris, France, 5-11-2013 — /EuropaWire/ — The Vivendi and Lagardère Groups welcome the successful outcome of the mediation led by René Ricol under the authority of the Paris Tribunal de Commerce (commercial court) and the terms agreed concerning the … Read the full press release

Second round of EU – US Transatlantic Trade and Investment Partnership (TTIP) talks to be held in Brussels on 11-15 November

Brussels, Belgium, 4-11-2013 — /EuropaWire/ — The EU and the US today announced they will hold a second round of the Transatlantic Trade and Investment Partnership (TTIP) talks in Brussels from Monday 11th – Friday 15th November 2013. Theweek-long round of negotiations replaces the talks … Read the full press release

Banco Sabadell completed Banco Gallego acquisition and announced new board of management

Sabadell, Spain, 4-11-2013 — /EuropaWire/ — Having received the corresponding authorization from the European Union regulatory authorities, Banco Sabadell will from today take over the management of the Banco Gallego team, branch network and business, which, from now on, will operate in … Read the full press release

The European Commission approved €40 million funding for 14 new research projects on resource efficiency

Brussels, Belgium, 1-11-2013 — /EuropaWire/ — The European Commission has approved funding for 14 new research projects to shape a more resource-efficient economy in Europe. The projects, which involve the collaboration of over 140 partners from research organisations and private companies, will tackle … Read the full press release

Banco Comercial Portugues, S.A.’s subsidiary BCP Investment B.V. divested its holding in Piraeus Bank

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR  ANY OTHER JURISDICTION … Read the full press release

Piraeus Bank completed the integration of former Bank of Cyprus branch network systems into the united Group’s IT environment

Successful integration of the former Cyprus Bank’s branch network to the Piraeus Bank IT systems’ environment. Athens, Greece, 1-11-2013 — /EuropaWire/ — Over the weekend of October 26 and 27, 2013, Piraeus Bank successfully completed the project of integrating the former Bank … Read the full press release

Citycon’s CEO Marcel Kokkeel rang New York NASDAQ Stock Market Bell celebrating the company’s 25th anniversary

Helsinki, Finland, 31-10-2013 — /EuropaWire/ — Citycon Oyj (NASDAQ OMX: CTY1S), the leading owner, manager and developer of urban grocery-anchored shopping centres in the Nordic and Baltic regions, today noted the company’s 25th anniversary with Chief Executive Officer, Marcel Kokkeel, rings the … Read the full press release

The Basel Committee on Banking Supervision issued its second consultative paper on the fundamental review of capital requirements for the trading book

Basel, Switzerland, 31-10-2013 — /EuropaWire/ — The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the … Read the full press release