|Bid||26.93 x 10500|
|Ask||26.97 x 32000|
|Day's Range||26.60 - 26.98|
|52 Week Range||19.09 - 27.92|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||48.40|
|Earnings Date||Oct 25, 2019|
|Forward Dividend & Yield||0.85 (3.22%)|
|1y Target Est||N/A|
Trade conflicts and a weakening global economy have hit growth in Germany's export-reliant machine-building sector, data showed on Wednesday, adding to signs that Europe's largest economy could slip into a recession. Exports grew by just 0.9% to 89.2 billion euros ($99 billion) in the first half of the year, according to figures released by industry association VDMA, as growth in the first quarter was all but wiped out by a contraction in the second.
Moody's Investors Service today revised the probability of default rating of Galapagos Holding S.A. (Galapagos) to Ca-PD/LD from Ca-PD. At the same time Moody's affirmed the company's corporate family rating at Caa3 and the rating pertaining to the senior unsecured notes of Galapagos at C and the rating pertaining to the senior secured notes issued by Galapagos S.A., a subsidiary of Galapagos, at Caa2.
FRANKFURT/BOSTON, July 10 (Reuters) - Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus among activist investors on German companies. Elliott, Paul Singer's $35 billion hedge fund, committed $3.4 billion in new capital in the first six months of 2019, data on the sector compiled by Lazard show, outpacing Carl Icahn who spent $2.8 billion.
Germany and France condemn Russia's legislative move simplifying requirements for people in eastern Ukraine to become Russian citizens, Germany's foreign ministry said on Thursday. "Russia's announcement contravenes the spirit and aims of the Minsk agreements. Russian President Vladimir Putin earlier said there was nothing wrong with giving passports to eastern Ukraine residents.
European shares rose to a five-month high on Thursday, boosted by strength in the banking sector after Britain's parliament voted to reject a disorderly Brexit. Sentiment improved from cautious to upbeat after the open, ahead of another vote on Thursday evening that could delay Britain's planned departure from the European Union. "We now see a 60 percent chance (up from 55 percent) that a close variant of the prime minister's current Brexit deal is eventually ratified," Goldman Sachs analysts wrote.
Moody's Investors Service ("Moody's") has today affirmed the Baa2 issuer rating of GEA Group Aktiengesellschaft (GEA). Concurrently, Moody's changed the outlook of GEA to negative from stable. "Today's rating action was driven by declining profitability, negative free cash flow and a series of profit warnings over the last few months, indicating more challenging market conditions ahead," says Oliver Giani, lead analyst for GEA.
European shares eased from 12-week highs on Thursday as weak earnings from Publicis, GEA and TUI offset gains in banks following better-than-expected results from Italy's Unicredit. Bank stocks were some of the few gainers in early deals as Italy's biggest bank UniCredit reported consensus-busting fourth-quarter results, bringing some much-needed cheer to the battered euro-zone sector.
Today we'll evaluate GEA Group Aktiengesellschaft (FRA:G1A) to determine whether it could have potential as an investment idea. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in Read More...
European shares closed the day higher in choppy trade on Friday but notched up their second straight week of losses as concerns about slowing global growth, weak earnings, and a U.S.-China trade war drove investors away from the region's equities. The pan-European STOXX 600 closed up 0.4 percent, while Italy's FTSE MIB outperformed with a 0.6 percent rise led by rebounding banks and technology stocks, while Italian equities rallied as bond yields fell. FTSE 100 was the only major bourse in the red at the close of volatile trading as oil prices sank.
European shares climbed modestly at the end of a volatile week, with banks and technology stocks, which have been hit hard by growth worries, leading the way, while Italian stocks rallied as bond yields ...