Markets

Mario Draghi

Markets Welcome Draghi’s Predictability

Once again Mario Draghi followed the expected script: it kept interest rates at 0%, where they have been for the last year; it left the deposit facility unchanged at -0.4% and did not modify the debt purchasing programme.


Iberdrola's growth in US

Iberdrola Warns Of The Risk From Trump To US Renewables’ Growth Plan

Iberdrola has warned  of the risk Donald Trump’s administration poses to renewables’ growth plans in the US. Iberdrola says Trump could freeze or eliminate the CPP (Clean Power Plan) designed by Obama. This envisaged investments of $8.5 billion a year until 2030. But for now, these changes in US policy have not altered Iberdrola’s growth outlook.




Spanish construction company OHL

OHL’s annus horribilis is over

Fernando Rodríguez At the end of this month, OHL will present its Strategic Plan 2017-2030 after terminating 2016 with losses of 432,3 million euros, three risk rating downgrades from Moody’s, its exit from the Ibex-35 index and its share price taking a nosedive.




Warren- Buffet

Father Buffett Admonishes Quickness And Commends The Virtues Of Being Passive

Be passive! That seems to be the key for successfully investing these days. Put your money in an ETF that targets a basket of stocks, or, even better, into an indexed fund and forget about the rest. It is a market trend that has been blessed by no other than Warren Buffet. In his last encyclical (otherwise known as, simply, Berkshire’s letter to shareholders), the Oracle of Omaha tells his flock


abertis1

Abertis reduces its profit by 57.6% after Cellnex’s listing

Abertis improved all its key indicators in 2016 above the company’s expectations: EBITDA rose to €3,240Mn (+20%) and revenue to €4,936Mn (+13%), thanks to the traffic growth and the incorporation of new assets into the consolidation scope. Net profit totalled €796Mn, up 13% in like-for-like terms.