| MARKET EUROPE FACTORS [Date added Wednesday 24 June 2009] |
| European shares were set to open higher on Wednesday, having sunk to the lowest close in nearly six weeks in the previous session, and ahead of the Federal Reserve's rate decision and accompanying statement. COMPANY ITEMS STAGECOACH The UK transport company reported pre-tax profit of 196.4 million pounds for the year to April, up from... |
| [Click here to View] |
| MARKETS EUROPE STOCKS/FALL [Date added Wednesday 17 June 2009] |
| LONDON, June 17 - European shares extended losses on Wednesday morning with banks and commodity stocks dragging the index lower. By 0827 GMT, the pan-European FTSEurofirst 300 index of top shares was down 0.9 percent at 854.55 points. Banks took the most points off the index. BNP Paribas , UniCredit and Societe Generale were down between 1.1 and 1.9 percent. Commodity stocks were in the doldrums. Miners Anglo American , BHP Billiton and Rio Tinto were down 2-3.9 percent,... |
| [Click here to View] |
| Food Product Companies Depend on Emerging Markets [Date added Monday 8 June 2009] |
| 02.06.2009 Food products manufacturers are feeling the global recession, as consumers are spending less or more efficiently. This trend is particularly felt in the developed countries. The industry is thus eyeing emerging markets, particularly those located in Asia, as they should become their future growth markets. Food products manufacturers are traditionally considered as defensive companies. They typically have a low degree of financial leverage,... |
| [Click here to View] |
| Euro rises after ECB cuts interest rates as expected [Date added Thursday 7 May 2009] |
| LONDON, May 7 - The euro rose and euro zone bond futures fell to a session low on Thursday after the European Central Bank cut interest rates to a record low 1 percent, as widely expected. The euro jumped as high as $1.3366 according to Reuters data, its highest level of the day, with traders citing broad demand for the single European currency from speculators, after the euro had come under some selling pressure in the days leading up to the central bank meeting. Euro zone bond... |
| [Click here to View] |
| China c.bank frets over quantitative easing risks [Date added Wednesday 6 May 2009] |
| BEIJING, May 6 - Key currencies, including the dollar, could come under growing pressure because of extraordinary money-printing by central banks to counter the financial crisis, China's central bank said on Wednesday. In its quarterly report on monetary policy, the People's Bank of China pledged an ample supply of credit to support the economy, which it said would enjoy "stable and quite fast" growth despite the current contraction in external demand. On the yuan ,... |
| [Click here to View] |
