European Equity Previews
Listed below are some of the companies shares which may have abided prices alterations in the region of Europe. Symbols of stocks are in addition after the names of companies along with the latest prices of stocks.
The Dow Jones Stoxx 600 Index mounted up to 3.3% to 323.03 on 12th of January while the Dow Jones Stoxx 50 climbed to 3,246.93 which is almost 3.5 % increase. On the other hand Dow Jones Euro Stoxx 50 also added 3.4 % increase and ended at 3,803.76.
COM Direct Bank is Germany’s biggest online bank which offers direct banking, financial advisory and brokerage services. One of the company’s online brokers said that COM Direct Bank’s fourth quarter profits fell down to 26 % because of higher costs. However, median analyst’s evaluations in the survey of Bloomberg shows the profits increased to 4.1 % to end at 8.22 Euros. Assa Abloy AB is the world’s largest lockmaker which offers locking systems for hospitals, offices, hotels, schools and also security planning, consulting and maintenance services. According to the surveys by Bloomberg, the company’s fourth quarter net profit increased to 141 million dollars or 911.1 million kronor. And according to nine analysts the company’s sales were even raised to 8.76 billion kronor which is an increase of 7.6 %.
Electricite de France is one of the biggest power generators in Europe, its annual report for the year 2007 was opened at 58.8 billion Euros in comparison to 58.9 billion Euros the previous year. Their shares climbed to 4.8 % or 3.22 Euros to end at 69.84 Euros. On the other hand PSA Peugeot Citroen the second biggest automobile manufacturer in Europe released its second half results which showed a net profit of 407 million Euros. In the previous year they had gained losses by 127 million Euros. Their shares for this year increased to 5.2 % or 2.36 Euros and close at 47.64 Euros.
Infineon Technologies AG is one of the largest makers of semiconductor equipments in the world. The second largest chipmaker in Europe Infineon Technologies Company stated that is had a decline of 35 % in the quarterly net profits as its sales did drop last year. On the other hand Germany’s biggest steelmaker ThyssenKrupp AG listed to circulate its first quarterly reports. The company reported that its net profit declined more than what it had expected. The shares of the company climbed to 5.1 % or 1.69 Euros and ended at 35 Euros.
World’s biggest vitamin producer Royal DSM creates original services and products in material and life sciences. DSM presented its fourth quarterly net profits which mounted to 128 million Euros or 44 % as its shares gained 4.1 % or 1.11 Euros to close at 28.12 Euros. Like wise Thales Group the biggest producer of military electronics in Europe said that its net profits rose to 22 %. It was due to the increasing demand for security and aerospace equipments. Its shares also gained 4.4 % or 1.64 Euros increase and closed at 38.89 Euros.
French wind power company, Theolia SA which is partly owned by Electric Company released its report for the year 2007. Its shares increased to 5 % or 93 cents and closed at 19.55 Euros. However, third largest oil manufacturer in Europe, Total said that its net profit of the fourth quarter climbed to 11 %. It was mainly due to the increasing output from many profitable projects. Its shares gained 3 % or 1.43 Euros to close at 49.50 Euros.
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