The Dutch manufacturer Spyker sports cars, which bought Sweden's Saab to GM, announced Friday that it had lost money in the first half and predicted annual sales of Saab in the bottom of its forecast range.
The group has however assured that he would not be obliged to undertake a recapitalization and that it [...]
The Paris Bourse started up in early trade, supported by oil companies and banks, with the exception of Dexia receding after the release of its quarterly results.
Investors are cautious before the release of key figures of employment in the U.S. this afternoon.
At 9:30, the CAC 40 index is 0.71% at 3791.02 [...]
Time Warner publishes a quarterly profit above Wall Street expectations after posting the largest increase in sales for two years.
It also raised its forecast for the full year, saying that now rely on an increase of at least 20% of its current earnings per share.
The U.S. media group has achieved in [...]
Puma has waived its annual forecast of taxable income due to the potential cost of litigation in Spain, after posting interim results below expectations.
During a conference call, Jochen Zeitz's chief executive, said that "it would not be prudent" to maintain its pre-tax profit target given the potential costs associated with the lawsuit brought [...]
Daimler pledged on Friday to raise its earnings forecast 2010 before the end of the month after publishing strong preliminary results for the second quarter, supported by the results of its upscale subsidiary Mercedes-Benz.
The German carmaker said on Friday an operating profit of 2.1 billion euros for the period April to June, against [...]
The European Central Bank (ECB) on Monday approved the project in Greece to create a fund of ten billion euros to support banks.
Athens has put in place by the end of a new Financial Stability Fund (FSF) to help its banks that are suffering from increasing bad debts, degradation of the country's sovereign [...]
The British finance minister George Osborne said on Tuesday that Parliament would pass the VAT from 17.5% to 20% from next January in the United Kingdom, a measure that will bring 13 billion pounds per year (15.6 billion euros).
A tax on the turnover of banks
The minister, who presented a budget "emergency" [...]
Three members of the Board of Directors of Alstom in the UK have been placed in custody on suspicion of corruption, money laundering and false accounting, announced the Serious Fraud Office UK.
The arrests came after raids on nine sites of Alstom, said the SFO.
The British authorities suspected payment of bribes, kickbacks [...]
Crédit Mutuel in 2009 reached a very high profit rise to 1.83 billion euros, compared to 440 million euros in 2008, thanks to improved financial markets, according to a statement released Wednesday.The year 2009 was "satisfactory and places us in terms of results at the 3rd largest French banks," commented Stephen Pflimlin, chairman of [...]