German bank is aiming for 2011 continue to gain billions
The German Bank, despite a "fragile" confirmed its forecasts and economic recovery expected in the Core business continues to 2011 earnings before taxes of 10 billion euros. This would be a return on equity before tax of 25% over this Period match, says the bank’s annual report.
German, Swiss Post expects continued earnings improvement
The German Post AG shows continue to be optimistic. Under the assumption that the global economy continues to recover, should be expected, the positive earnings trend in 2010 also Tend to continue in 2011, says the Annual Report 2009th
Qatar calls for second AR-seat at Volkswagen – HB
The families Porsche and Piëch threatening a newspaper report According to) a setback in the supervisory board (supervisory board of Volkswagen AG (VW). Than Consideration for the billion-dollar assistance of the Emirate of Qatar to the Rescue of the sports car maker Porsche would be one of the sheikhs second seat in the VW crowd control committee that reports "Handelsblatt" (HB), referring to the VW board circuits.
Adidas wants to increase sales and profits in 2011
Adidas AG plans to expand from the projected economic Recovery in the coming year and expects to increase profit by Consolidated revenues and earnings 2011th The Report of the Sporting goods manufacturer says, adidas expect 2011 and beyond growing momentum.
Freenet expects 2010 revenue decline
The telecommunications service provider freenet expects 2010 with a decline in sales. The Group leads, according to the Annual Report 2009 back to an uncertain the price drop. The number of Customers are also expected to decline because the company focus on higher quality subscribers want. That Profit before tax is expected to rise this year, however.
Air Berlin Boeing 787 orders less
The budget airlines Air Berlin Boeing 787 orders less than originally agreed, and ranks 9th aircraft Boeing 737 later off. They had reached agreement with the Boeing Co, the order for the Boeing 787 to 15 firm orders from 25 to decrease, said Air Berlin plc.
Kuka expects 2010 with slight business recovery
The crisis-ridden and plant Kuka Robot expected for 2010, although with a slight business recovery, raises but a for a transitional year. "The current Kuka for fiscal year 2010 represents a year of transformation, " says the Report of the SDAX Group.
HSH Nordbank insulates loss is a 2009, is aiming for 2011 earnings to
The krisengeplagte HSH Nordbank has in the past year 679 million EUR Loss written, but so much better than originally expected. The increase was in addition to increased Total income tax recovery of 423 million EUR, as from a Communication Landesbank apparent.
Claassen comes as a surprise CEO of Solar Millennium back
After less than three months Utz Claassen has his office as Chairman of Solar Millennium AG resigned. As the specialist in solar thermal power plants announced, Claassen has his contractual right Made use within a defined time limit consideration withdraw.
Austria Post 2009, with sales and Fall in profits
The difficult economic environment, the Austrian Post AG in the past year sales and profits fall bestowed. As the company announced, revenues decreased by 3.5% to 2.357 billion euros. Earnings before interest and taxes (EBIT) increased by 11.9% to burst 149.4 million EUR much stronger book.
Zumtobel shows for 4Q ‘moderate’ confident
The lighting manufacturer Zumtobel has in the third quarter of the Sales decline slowed and shows itself for the fourth quarter "moderately" confident. Revenue is expected to stabilize next make further savings and efficiency program, said the Zumtobel AG.
UniCredit CEO is considering retirement – Circles
The CEO of Italian bank UniCredit is considering According circles for his resignation. Background was a dispute between Shareholders and Alessandro Profumo, through the reorganization of the bank, People familiar with the matter said.
RBS has not yet decided in terms of debt buyback
The Royal Bank of Scotland Group plc (RBS) continues to examine Options for adjusting its capital structure. The British bank has until the end of April, the bulk of its remaining GBP 14.1 billion in preferred shares and subordinated bonds into new conditional capital (contingent capital) to exchange or cash.
Barclays flirted with taking over from Lehman collapse UBS – FT
The British bank Barclays, according to a flirtation Newspaper report before the collapse of U.S. investment bank Lehman Brothers, with the Takeover of Swiss UBS AG. At a board meeting of the Bank in July 2008 UBS had been identified as the preferred acquisition target, said the Financial Times (FT) based on the current and former executives.
5 Asian corporations Dell sued for price-fixing
U.S. computer manufacturer Dell has five Japanese and Taiwanese technology companies for price-fixing in the so-called Sued TFT-LCDs. Have sued the Japanese company Sharp, Hitachi, Toshiba, Seiko Epson, and the Taiwanese HannStar Display.
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(END) Dow Jones Newswires
March 16, 2010 06:55 ET (10:55 GMT)
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