Tag Archives: dollars

DaimlerChrysler: Mercedes invests 600 mln dollars in U.S.

The German car manufacturer Mercedes, a subsidiary of the giant DaimlerChrysler announced it would invest 600 million U.S. dollars in the establishment of the State of Alabama in Tuscaloosa. The figure will intermante dedicated to the production of the new model Grand Sports Tourer (GST), on which the group aims to revive the very three-pointed [...]

STM: Goldman reduced profit estimates for 2002

Goldman Sachs has lowered estimates for 2002 earnings per share of STMicroelectronics, taking them from 0.56 to 0.48 dollars. Invatiate estimates for 2003, with EPS expected at $ 0.87. Despite cutting estimates, Goldman believes that STM can outperform the market and that the company is well positioned to benefit from the recovery underway in the [...]

The details of the merger Mannesmann Vodafone

arrive more news on the merger between Vodafone Airtouch and Mannesmann. The board of directors of Mannesmann will vote on the agreement later amicably between the two groups. The value of the new company should amount to 182 billion dollars, while the share going to go to Mannesmann would be 49.5% and 49.9% as distributed [...]

L’Oreal signs off on the Argentine market

L’Oreal, the French group of cosmetics and beauty, purchased Ylang, Argentina’s leading company in cosmetics. Ylang recorded in ‘99 has a turnover of over 25 million dollars. The French title is now gaining 0, 9%.

Tags: Argentina, Argentine, Dollar, dollars, Real

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Lloyd’s seeks company in Holland

According to reports, the British financial group Lloyds is in talks with the Dutch-Belgian Fortis for a merger of 90 billion dollars. Llodyd’s is gaining at the 4.77%.

Tags: British, Dollar, dollars

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C & W sells Hong Kong Telecom to Pacific

Cable & Wireless Hong Kong was ceded to Pacific Century Cyberworks to 35.9 billion dollars. Cable & Wireless has given the 54% stake in Pacific Group and will control only 21% of the new group will be called Pacific Century Cyberworks-HongKong Telecom. The new company will be an Asian giant in the telecoms and multimedia [...]

Euro / Dollar: care to share 0.91

The dollar is strengthening against the euro, which remains at the moment, however, share above 0.91 against the greenback. A first sign of reversal would be just below the closing share 0.91, with a target at an altitude of 0.89. From the operations rooms were seen the first purchases of dollars, but without confirmation from [...]

China opens its doors to foreign capital

China will gradually open up markets, and the news comes as a confirmation after the announcement of Bilat with the EU and the revenue involved in the WTO, the World Organization for Foreign Trade. Foreign companies can invest in some regions including Shanghai, and soon the reform program will be extended everywhere. The Chinese stock [...]

CDB Web stores the first quarter

The board of CDB Web, the incubator of the De Benedetti, has approved the first quarter, as the company was born from the cleavage of Aedes middle of last March. The accounts are at a loss for 3.8 billion dollars. To weigh the outcome costs for goodwill.

Tags: Cuba, Dollar, dollars

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Technip Coflexip increases stake in

The French oil engineering company Technip has signed a contract for 190 million dollars with Isla, Venezuelan society, for the design and implementation of increased capcha production of oil deposits in the Netherlands Antilles. The trans soceità also announced that it increased its stake in Coflexip, in which collaborate on the development of projects in [...]