Hints and tips:
...Uniqa was upgraded to “overweight” and Grupo Catalana Occidente was cut to “neutral”....
...United Continental said: “We haven’t been served so we can’t comment.” Mr Efromovich was unavailable for comment....
...Smart Reads Doing the continental The Altice USA listing has Lex wondering: can the best of the US and Europe be combined?...
...Mexico’s presence in Peru is dominated by Southern Copper Corporation, owned by Grupo Mexico, as well as Carlos Slim’s telecoms company Claro, Banco Azteca (Grupo Salinas) and Bimbo in the consumer goods...
...It sold most of its automotive interiors unit in April to Spain’s Grupo Antolin for $525m. Magna’s shares closed down almost 4 per cent to $53.70 in New York....
...It bought FX Africa in South Africa and Grupo Confidence, Brazil’s largest consumer foreign exchange company....
...Mr Carberry says: “In much of continental Europe there is a real insider/outsider problem in the labour market....
...BBVA Horizonte is part of BBVA Continental, controlled by Grupo Brescia of Peru and BBVA of Spain, and controls about $9bn of Peru’s pension fund deposits....
...Those are, AFP Horizonte mostly owned mainly by BBVA Continental; AFP Integra owned by Colombia’s Grupo Sura; Prima AFP run by Peru’s Credicorp, and AFP Profuturo controlled by Scotiabank....
...Thomas Cook gets €72.2m from the sale to Grupo Iberostar, a hotel chain that is taking on board the €22.4m of net debt in the business....
...Talks have begun to secure distribution into the UK – which Mr Tavares says will be the launch pad into wider marketing across continental Europe....
...Dealers said the note put European insurers under pressure as it reminded investors that the decline in stock markets hit continental companies’ asset quality....
...Meanwhile, shares in Continental , the German tyremaker jumped 22 per cent to €65.80 after it said that Schaeffler Group, which makes bearings, was in talks to make a €10bn bid....
...German car parts supplier Continental slumped 4.6 per cent to €77.74 after Credit Suisse cut the target price from €95 to €93 and removed the stock from its focus list after a strong performance relative...
...Last year, Grupo Santander was widely lauded. With no subprime exposure, its share price cruised straight through last summer’s crisis....
...In the year to December 31 2006 Continental, which will be acquired from Grupo ACS, made a profit before tax of €27.3m (£18.6m) on revenues of €196.5m. Debt stood at €20.7m at the end of last year....
...The airline, which is owned 40 per cent by Apax Partners, the UK private equity group, and 30 per cent by Inversiones Hemisferio, a subsidiary of Grupo Planeta, the Spanish media group, is planning an initial...
...Spanish eye consortium cash bid Grupo Ferrovial’s interest in BAA came out of a clear blue sky....
...Continental flies Texas to Colombia Continental Airlines has launched a new non-stop service between Houston and the Colombian city of Cali....
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