S & P German bank ratings confirmed with "A + / A – 1 "- Outlook stable
Standard & Poor’s Ratings Services (S & P ) has confirmed the long-and short-term counterparty credit ratings of Deutsche Bank with an "A + " or " A -1 ". As the rating agency further informed , the rating outlook is stable. The confirmation of the credit ratings reflect the assessment of S & P that have a majority acquisition of Postbank in the long run no negative impact on the creditworthiness of Deutsche Bank AG , said S & P analyst Scott Bugie .
Telekom / Balz : AR can not understand charges against Obermann
The Supervisory Board of Deutsche Telekom AG can not understand the charges against the CEO René Obermann as part of the investigation into alleged bribery payments in the Balkans. That said Manfred Balz , Board of Deutsche Telekom responsible for legal affairs , on Wednesday. On Tuesday , Telekom had said that the Bonn public prosecutor against eight people, including top man, has launched an investigation .
Bayer CEO: total market for anticoagulant at 12-15 billion USD
The outgoing chief executive of Bayer AG, Werner Wenning , estimates the total market for anticoagulant such as one’s own resources " Xarelto "to 12 billion to 15 billion USD annually. Here are the key chronic indications , "said the manager. Xarelto is currently approved in more than 100 countries, only in thrombosis prophylaxis in adult patients, and hip or knee replacement surgery. "A small business "as Wenning said.
Lanxess is planning a capital increase to fund growth
Chemicals group Lanxess has no plans for a capital increase to finance its growth strategy. On a related question from a journalist at the media day of the company, "said Board Chairman Axel C. Heitmann , " no "without further comment. The investment volume for the possible new Nd- PBR- equipment for high-performance rubber in Asia, will examine the company currently , could be half as large as that for the rubber plant in Singapore plus- minus 25 %, Heitmann said. In the factory in Singapore, Lanxess is investing EUR 400 million .
Fitch sees credit ratios of nuclear companies under pressure
The rating agency Fitch expects that the funding ratios of the German nuclear companies come under pressure in the medium term . As a reason , the analysts stress the lead during the period of extension for German nuclear power plants. Fitch expects an impact on the strategic direction of companies. According to analyst Kawalczewski Jacek , who is in charge for Fitch , suppliers are expected to E. ON AG, RWE AG and EnBW Energie Baden – Wuerttemberg AG impose additional savings programs that reduce dividends and investment return .
SMA increases forecast for 2010 and expected slowdown in 2011
The solar supplier SMA expects this year an even stronger growth than previously , and has raised its earnings forecast again. For the coming year, the company goes out of contrast, stagnant revenues and declining margins , as indicated in a statement. Therefore expects the SMA Solar Technology AG in 2010 with a newly installed photovoltaic output of the 17 gigawatts ( GW). So far, the TecDAX -listed company had gone out of 14 GW. SMA ‘s own part in it estimates at over 40 %.
BMF: Schäuble wants to spend more Landesbanken solution
Federal Finance Minister Wolfgang Schäuble ( CDU ) wants to enhance its efforts , according to his spokesman , " to resolve the problems in the Landesbank sector . Schäuble see here, " action " and attack " the thread to increase " after the sector itself and from similar efforts were taken, his spokesman Michael Offer said at a press conference. He would not commit himself on whether Schäuble its purpose as a merger or dismantling of state banks . "There are various possibilities , "said Offer.
Vattenfall plans to provide coal mining in Germany more
The Swedish power company Vattenfall in Germany will further promote coal and use it as fuel for its power plants. This contradicted the Vattenfall AB on Wednesday a newspaper report. "These reports have nothing to do with reality , "said Tuomo Hatakka, the chief of the Germany state company . The "Potsdam Latest News "had reported that Vattenfall operating the mine only until the end of his term lignite power plants plane.
Sales of Ford Europe again a break in August
After the expiry of the scrapping of many European countries, Ford has been hit the doldrums in August . In the 19 major European countries from France to Germany to Sweden with 60 300 Fiesta, Focus, Mondeo and Co. sold 17% fewer cars than last month, as Ford of Europe informed . In the 51 markets it serves , the Group had sold 80 500 cars in August , 8.5 % less than last year.
DJG / kla / sh