Sunday, May 13, 2012

European Stocks Market open outlook may 14 2012

European Stocks Market open outlook may 14 2012; European Stocks Likely to open in the red The DAX and the CAC are expected to open 65 to 67 points and 30 to 31 points in negative territory, respectively.

German Wholesale Price Index, French Current Account Balance, Italian onsumer Price Index & General Government Debt, Eurozone’s Industrial Production and Swiss Producer & Import Price Index are the key economic indicators scheduled for release today.

Ageas SA, Unione di Banche Italiane ScpA, Aurubis AG, Television Francaise 1 SA, Promotora de Informaciones SA and Buongiorno SpA are scheduled to announce their results today.

ING Groep NV’s bailout plan by the Dutch government would be re-examined by the European Union (EU) competition regulators after its General Court reversed some of the EU’s conditions for approval of the aid.

Het Financieele Dagblad has reported that Royal KPN NV’s largest shareholder, Capital, has expressed its discontent with the company since November 2011 and has called for the sale of the former’s German unit, E-Plus.

Infineon Technologies AG has announced that Peter Bauer, its CEO, would step down on health issues and would be replaced by Reinhard Ploss on 1 October 2012.

Nestle SA has voluntarily recalled one lot of its canned cat food amid indication of low Thiamine levels by the US Food and Drug Administration.

Banco Espirito Santo SA has indicated that it has completed the purchase of 50.0 percent of the BES Vida insurance unit for €225.0 million.

For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today
For the latest updates PRESS CTR + D or visit Stock Market news Today

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