Hints and tips:
...S.A. and AEE Power Holding S.L....
...A cut to its sales forecast dragged French engineer Alstom ’s shares down 13.1 per cent to €27.72. Exane and HSBC cut their target prices....
...For 2013, Hochtief said underlying pre-tax and net profits should rise 10 to 20 per cent, although new orders and work completed would be below 2012’s record levels....
...Leighton is rated triple B minus by S&P, slightly above junk, or non-investment grade, status....
...Its shares fell 11.4 per cent to €1.71 after rival Samsung said sales of its Galaxy S III, which has laid siege to Nokia’s dwindling market share, would exceed 10m in July and boost earnings from its handset...
...Infineon Technologies was among the FTSE Eurofirst 300’s top performers after Deutsche Bank upgraded the German chipmaker to “buy” on Thursday....
...Hochtief also scaled back its forecasts for 2012, giving up a plan for €1bn in pre-tax profit and saying only that this would be significantly higher than 2010’s €757m....
...Walmart’s annual sales of $7.5bn in China are still a small proportion of its global revenue of roughly $420bn, but it says year-on-year sales in China are growing at a double-digit rate and most analysts...
...This compares favourably with the S&P 500 index in the US, which has added 11.6 per cent this year, and the FTSE All World Emerging Market index, which is up 15.8 per cent....
...As Mr McMillon took over, Walmart announced it had taken a majority stake in D&S, Chile’s largest retailer, followed by the opening of its first cash-and-carry store in India a few months later with Bharti...
...But we will be looking with interest to see how A*s correlate with our other selection procedures.” Cambridge, however, has already made offers that demand students receive A* grades....
...Construction stocks in the region suffered in a bear market. K+S in Germany lost 1.4 per cent to €41.79 while Saint Gobain in Paris declined 2.8 per cent to €31.28....
...new dawn for nuclear - Terra Firma seeks multi-billion payout over EMI acquisition - Santander cuts value of UK arm - Wolseley aims to flush out bathstore sale - Lansdown Partners’ s £25 million payout...
...Last month it announced a restructuring of its US operations aimed in part at improving its ability to take a more flexible approach to expansion....
...Germany’s K+S warned of a larger drop in earnings and sales this year than previously forecast, which sent shares in Europe’s largest salt and fertiliser maker down 14 per cent to €13.96....
...Wal-Mart has also been able to make acquisitions, concluding a $2.6bn deal in January for a controlling share of D&S, the largest retailer in Chile....
...This month, it finalised a $2.6bn deal for a controlling stake in D&S, Chile’s largest retailer....
...“Our concern is that Unilever’s increasing reliance on price inflation to achieve profit growth will affect the group’s longer-term prospects,” said Carl Short, an equity analyst at S&P....
...Commodities stocks lost ground this week with Norwegian fertiliser company Yara International down 14.6 per cent to NKr343.5 and German potash maker K&S 11.7 per cent lower at €304.77....
...La Gaceta, a Spanish newspaper, said Spain’s biggest builders – Actividades de Construccion y Servicios, up 3 per cent to €19.43, and construction groups, Sacyr Vallehermoso, up 2.5 per cent to €13.36, and...
...There were also concerns the bank was involved with a struggling hedge fund. S&P downgraded a series of credit derivative deals put together by Deutsche and said it may cut several others....
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