Keyword: markets and companies

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ThyssenKrupp Affirms Outlook For Q1

20.01.2012 - ThyssenKrupp, Germany's largest steelmaker, denied market speculation it would issue a profit warning and reiterated guidance for the first quarter. "We deny the profit warning...

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Weak Euro Cold Comfort for European Exporters

10.01.2012 - Currency hedging, dollar costs and the potential for a deeper economic crisis stand between European exporters and any easy win from weakness in the euro currency. The euro has...

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Fortune Oil Declines $2.2 Billion Sinopec/ENN Bid

03.01.2012 - Fortune Oil, a key shareholder in takeover target China Gas Holdings, will not accept the unsolicited $2.2 billion bid from Sinopec and ENN Energy Holdings, a top executive at...

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Exxon Plans To Merge Fuels, Lubricants Divisions

22.12.2011 - Exxon Mobil plans to merge two of its products divisions, a sign of the times for big oil companies, which generally are sharpening their corporate focus on the growing challenges...

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ThyssenKrupp Might Demand Compensation From Ekkehard Schulz

22.12.2011 - ThyssenKrupp may consider demanding compensation from its former chief executive and other managers for investments made in steel plants in Brazil and the United States. The firm...

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AkzoNobel to Issue €800 Million Bond

09.12.2011 - AkzoNobel said it intends to issue a €800 million bond with a seven year maturity, at a coupon of 4%. The announcement of the bond was well received by the market with an order...

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BASF Ups 2020 Sales Goal to €115 Billion

30.11.2011 - German chemicals company BASF raised its 2020 sales target a quarter to €115 billion, banking on population growth in emerging markets to drive demand. BASF, the world's largest...

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UK to Give £250 Million Help for Energy Intensive Firms

28.11.2011 - British finance minister George Osborne will announce £250 million ($390 million) of support this week for energy intensive industries, part of measures to boost a flagging economy...