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Ibex

Why are the banks a problem for the Ibex?

Ibex, Markets 14th February 2019

Why Are The Banks A Problem For The Ibex?

Alex Fusté (Andbank) | There is a notable difference between US and European banks: the stock market pays 35% less for European banks. This claim is confirmed by the price/book value ratio, whose average for the 10 largest banks in the US sector is 1.24, while in Europe it falls to 0.8%. In the case of the two largest Spanish banks, Banco Santander and BBVA, the market price is even lower than the average, given that they show ratios of 0.8 and o.7 respectively.

Iberdrola will light up New York

Ibex, Markets 25th January 2019

Iberdrola Will Light Up New York

New York state (US) has awarded two contracts for the construction of a wind farm and a solar power plants to Avangrid Renewables, the US subsidiary of Iberdrola.

Caixabank, Telefónica, El Corte Inglés or Iberdrola, the Spanish firms best prepared to confront 2019

Ibex, Markets 22nd January 2019

Caixabank, Telefónica, El Corte Inglés Or Iberdrola, The Spanish Firms Best Prepared To Confront 2019

Caixabank, Telefónica, El Corte Inglés or Iberdrola are some of the companies which are best prepared to confront a year which will serve as a point of inflection for the economy facing the uncertainties, both national and international, which will end up damaging economic growth, according to the latest report of the consultancy Advice Strategic Consultants.

Iberia grows more than IAG´s other airlines, while Brexit is debated

Ibex, Markets 9th January 2019

Iberia Grows More Than IAG’s Other Airlines, While Brexit Is Debated

The British/Spanish company carried 112.9 million passengers last year, an increase of +7.7% over 2017, and with a load factor of 88.3%, an increase of +0.7%. Iberia achieved a year on year increase in traffic of 11.7%. As well as Iberia (including Iberia express), two other airlines of the group, Aer Lingus and Vueling, contributed to this growth with a 9.8% increase in traffic, while British Airway’s traffic increased 3.3%.

Tecnicas Reunidas announce new tenders at the end of 2018

Ibex, Markets 9th January 2019

Tecnicas Reunidas Gains New Tenders At The End Of 2018

Tecnicas Reunidas has announced it has secured the tenders for three contracts at the close of 2018 for around 1 billion dollars (870 million euros). The new tenders are the most positive aspect in recent months. In the middle of November a new contract was also announced for 1.27 billion euros.