BNP Paribas | March 11, 2015 | Fashion companies are showing their prudent confidence, pushing more sales through their stores, pricing, product innovation, digital and self-help. The sector is experiencing a rebound triggered by the ECB’s intervention and the euro weakness.
MADRID | March 4, 2015 | By Fernando G. Urbaneja | No financial entity which enters a crisis and needs an external rescue retains its identity. Usually it just becomes integrated into another financial group which allows for a change of brand. Bankia may be the first exception to the long list of Spanish financial crises of the last half century.
MADRID | February 26, 2015 | By Francisco López | Small savers are penalised most heavily by zero-interest rate policies and what they appreciate most at the moment is good profitability through dividend payment. Stock market experts recommend betting on solid companies that pay high dividends to shareholders, and Telefonica certainly falls into that bracket. The company’s 2014 results showed a 34% drop in profit, but the tech giant has committed to sustainable and increased dividend payments in the future.
MADRID | The Corner | February 25, 2015 | Spanish telecom giant Telefonica reported a drop of 34.7% in net profit, although investors celebrated revenue picture brightening up. Elsewhere, the Spanish Producer Price Index falls again, registering a drop of 2.8% for January.
MADRID | By Sean Duffy | Investment by Catalan lender may provoke “Iberian battle” for supremacy in the peninsula.
MADRID| Sean Duffy | Judge´s ruling piles pressure on former executives of Bankia, including former IMF Managing Director Rodrigo Rato.
MADRID | Sean Duffy | Third time may be a charm for Spanish group as IPO belatedly goes ahead on Wednesday.
MADRID | The Corner | In the second largest IPO in Spanish history, airports operator Aena is due to start trading on Wednesday in Madrid at a price of €58 a share, which values the group´s equity at €8.7bn.
By Sean Duffy | MADRID | The announcement on Friday of the Qatar Investment Authority’s purchase of 9.99% of IAG is the latest flexing of financial muscle from the Gulf state. QIA continues to grow its portfolio in Europe, having already invested over €13bn in Spanish companies since the beginning of the crisis.
MADRID | By Ana López-Varela | Some analysts believe the Spanish oil company has been extremely punished by the markets. Repsol’s announcement of its pulling out of Canary Islands exploration on Friday, along with the fall in oil prices and the purchase of Talisman Energy (for more than for $8.3 billion), has put the firm under the spotlight.