Aug 28, 2009
Chi-X Europe Promotion To Begin.
Chi-X Europe an equity multilateral trading company announced it is having an autumn pricing promotion. For all participants that double their total Chi-X Europe trading activity (by value trading) ... Read More
Aug 27, 2009
Credit Agricole Sitting Pretty.
Credit Agricole Sitting Pretty.
During the second quarter the net income at Credit Agricole rose dramatically. The bank saw a strong jump in their investment of 201 million euros. Last year Credit Agricole saw a net income of only 76 million euros.
Credit Agricole has completely implemented itself to be adaptive to the current economic situations. This has allowed Agricole to bend to meet the real economy. Georges Pauget, Chief Executive Officer stated, “this is not only relevant, but sound, ... Read More
Aug 27, 2009
Aer Lingus Facing Deep Cuts To Survive.
Aer Lingus has had an operating loss of € 93m from the first half of 2009. Last year for the same time frame they had a loss of € 23m. Passenger fairs and cargo revenues being lower have resulted in a 12% lower than anticipated revenue for the first half of the ... Read More
Aug 25, 2009
KERRY GIVES A CHEERY REPORT
Food Group Kerry is beginning to fair better than thought. The first half year profits show a 5.2% increase even with a 3.2% dip in sales. It was announced this morning that profit was €136.8 million while like-for-like sales totaled €2.27 million. This is up about 4% from last year. The adjusted earnings per share had ... Read More
Aug 25, 2009
Did you ever wonder why the FTSE was established? I did so I had to investigate. Guess what I discovered? I found out that there were 5 key reasons for the FTSE’s implementation.
1. It was specifically designed for the creation of stocks, to index tracking funds, performance benchmarks and
ETF’s.
... Read More
Aug 25, 2009
TIME TO WATCH THE STOCKS
With the recent downturn to the market we are now beginning to see a little light at the end of the tunnel. For the last 6 months the FTSE is showing an upturn gradually and slowly it is showing an upturn. We look at the FTSE and see it has in fact risen 2,106.77 points in the last 6 months that’s equivalent to 51.11%. This is a good sign that now is the time to get back into ... Read More