Hints and tips:
...KBC Securities said in a note to clients: “As a natural consolidator in an undersupplied market, Shurgard’s growth potential is huge.”...
...KBC is not the only company in the Benelux region striving for a more diverse workplace....
...banks with the most potential to do better than analysts’ profit expectations because of digitisation were: JPMorgan Chase and SunTrust in the US, Spain’s CaixaBank, Lloyds Banking Group in the UK and KBC...
...About 42 per cent of shareholders in KBC back the deal....
...The turnround is most pronounced at KBC as it shakes off its crisis funk, when it took a €7bn state bailout....
...The KBC Horizon Access China Cap delivered the second worst performance, losing 17.3 per cent....
...Pascale Weber, analyst at KBC Securities, said a deal with Cargill and Permira would lead to “significant synergies”, but questioned whether the duo will launch a counter offer without the support of the...
...BBVA, BMO Capital Markets, BPI, CM-CIC Securities, Espírito Santo Investment Bank, KBC Securities and Mitsubishi UFJ Securities will act as lead managers. www.ft.com/tradingroom...
...KBC on Thursday heartened investors, reporting underlying net profit for the three months to end-September of €457m, up by a quarter....
...Santander was down 0.7 per cent at €5.79 in Madrid, while KBC was up 0.2 per cent at €28.90 in Brussels....
...However, Citadel has now sold all of its 53 per cent stake, which will be distributed between BNP Paribas Securities Services, KBC Securities, Winterflood Securities and Viel & Cie, the French investment...
...KBC gained on news that the Belgian lender had reached an agreement with KeBeK I, a private equity investment fund, to sell its remaining private equity portfolio....
...Belgian KBC Group dropped 6 per cent to €20.61. Shares in Intesa Sanpaolo fell 5.9 per cent to €1.27, against a 2.4 per cent fall across the FTSE MIB index to 16,076.03....
...All other operations outside of its Irish business would be divested, KBC said. Shares slumped 5.2 per cent to €19.61, helping push the BEL 20 index down 1.2 per cent to 2,407.24....
...In Brussels, KBC Group’s shares received a fillip after Deutsche Bank raised its rating on the lender’s stock from “hold” to “buy” and increased the price target from €20 to €27....
...Taking a closer look at today’s results, Peter Csaszar, an analyst with KBC Securities, finds that Lotos’s downstream results, particularly retail, were not that bad....
...Similarly, Nomura was left with shares in KBC Group, the Belgian bank, in October after a block trade, while Société Générale and BNP Paribas failed to dispose of some shares on a €499m block trade of Pernod...
...KBC also received nearly $5bn from the US government during the financial crisis....
...Insurer Ageas jumped 10.7 per cent to €1.61 after it completed a share buy-back ahead of schedule, while KBC gained 9.7 per cent to €15.44....
...The merger, announced on Tuesday, of Santander’s Bank Zachodni WBK with KBC’s Kredyt Bank, will take the combined group into third place in the market, behind only state-controlled PKO BP and Unicredit’s...
...KBC rose 12.9 per cent to €11.30 as it continued its strong recovery following the end of Belgium’s 18-month political deadlock....
...digital pay TV platform in Poland, as well as a combination of all of TVN’s television operations with Canal Plus, with the possible exclusion of the Onet internet portal, said Piotr Janik, an analyst with KBC...
...Belgian bank KBC continued its volatile week, gaining 4.5 per cent to close at €8.67, while the FTSE Eurofirst banks index dropped 0.9 per cent to 351.51. Carrefour rose 1.9 per cent to €20.12....
...Belgian bank KBC was the index’s best performer, as it jumped 27.5 per cent to a close of €10.01, as the end of Belgium’s 18-month political deadlock buoyed Belgian stocks....
...Robert Maj, an analyst with KBC Securities, felt that KGHM was overpaying for Quadra, and was surprised at a transaction timed just as the world economy appears to be slowing....
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