From El País, details on the largest Spanish overseas contract so far after a Spanish consortium, in which Saudi companies are also involved, has been awarded the project of building a high-speed line (High-Speed Railway) that will connect the cities of Medina, Jeddah and Mecca in Saudi Arabia, “with a budget of 6.736 million of euros, as reported by the Saudi Railways Organization on its website. ” The Ministry of Public Works…
NEW YORK | Bank of America’s decision to charge customers $5 a month to use their debit cards starting sometime next year has risen an enormous outrage in the US. The company’s stock price has fallen (as of October 4, earnings estimates had fallen to 19 cents a share from 27 cents on Aug. 1). Customers have complained. The bank’s website has experienced significant problems that some believe might be…
NEW YORK | Bank of America’s decision to charge customers $5 a month to use their debit cards starting sometime next year has risen an enormous outrage in the US. The company’s stock price has fallen (as of October 4, earnings estimates had fallen to 19 cents a share from 27 cents on Aug. 1). Customers have complained. The bank’s website has experienced significant problems that some believe might be…
Two Spanish supersector leaders, as Dow Jones and Sam call them, made it into this year’s Dow Jones Sustainability Index: they are Enagas and Repsol. If you have not heard about this list until now, here is a briefing: Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management…
Two Spanish supersector leaders, as Dow Jones and Sam call them, made it into this year’s Dow Jones Sustainability Index: they are Enagas and Repsol. If you have not heard about this list until now, here is a briefing: Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management…
A brief note from analysts at Renta4 about Spain’s Telefónica announcing that it will create a London-headquartered unit, Telefónica Digital, which is part of further restructuring plans to become a global player in the sector. Renta4 says trading shouldn’t be affected, although Telefónica’s move certainly looks positive on the paper: “The Board of Directors Monday announced a profound organizational change in order to participate more actively in the digital world and take advantage…
A brief note from analysts at Renta4 about Spain’s Telefónica announcing that it will create a London-headquartered unit, Telefónica Digital, which is part of further restructuring plans to become a global player in the sector. Renta4 says trading shouldn’t be affected, although Telefónica’s move certainly looks positive on the paper: “The Board of Directors Monday announced a profound organizational change in order to participate more actively in the digital world and take advantage…
We will analyze the financial situation of CaixaBank after its re-organization, its results, assessment and prospects to determine whether this is an interesting investment opportunity in the long-term. Company Description CaixaBank was founded after the re-organization of La Caixa business, approved on 24th February by both Criteria’s and Caixa’s boards. The process ended on July 1st with the disappearance of Criteria, which had been the holding of the subsidiary of…