Live from the floor of the Frankfurt Stock Exchange
Intel wants chipmaker Altera for $ 16.7 billion swallow
16.11 Clock: The world’s largest chip maker Intel is serious and places for the acquisition of smaller rival Altera $ 16.7 billion on the table. Intel has long been speculated as provides 54 dollars in cash per Altera paper, as the company announced on Monday.
That’s about 10 percent more than the closing price on Friday. Should the deal go through, it would be the biggest takeover in the company’s history of Intel. Most recently, the rumor mill was heated to an imminent takeover again after talks had failed in April initially intended
Greek Tragedy investors and Dax in breathing
16.00 clock:. The Greek drama has sent the Dax beginning of the week on ascent and descent. Hopes for a positive turn in the dispute between the bankrupt threatened Greece and its lenders helped the benchmark index last with 0.10 percent to 11 425.30 points on Plus. A first recovery attempt in the morning had been stopped by disappointing economic data from Germany and Europe.
“Over all the endless Greek tragedy hovering” said market strategist Frank Geilfuß from Berlin Bankhaus Löbbecke. “Waiting for new impetus continues.” The Dax lost 3.40 percent in the previous week.
The MDAX of medium values reached on Monday afternoon, an increase of 0.99 percent to 20 652.73 points , The TecDax technology stocks gained 0.24 percent to 1696.57 points. The euro zone benchmark index Euro Stoxx 50 rose by 0.34 percent up
Inflation in Germany in May increased by 0.7 percent
14.08 clock. Inflation in Germany rose in May at a low level light again. Annual inflation increased from 0.5 percent in April to 0.7 percent, the Federal Statistics Office in Wiesbaden announced in an initial estimate on Monday. Even if the price increases for the fourth month in a row, some rose: The inflation is still far from the target of the European Central Bank (ECB). The ECB aims at a stable price level at just under 2.0 percent. Compared with April 2015, the consumer prices rose in Germany expected to grow 0.1 percent.
Dax slipped after submission weak economic data into the red
12.54 Clock: The Dax has its recovery attempt on Monday once canceled. Persistent uncertainty about the development in Greece and disappointing economic data from Germany and other European countries dampened the mood. The blue-chip index slipped by midday to 0.41 percent into the red at 11366.49 points. In the previous week, he had already fallen by 3.4 percent.
The purchasing managers’ index for the manufacturing sector have disappointed, said analyst Markus Huber from securities dealers Peregrine & amp; Black. Apparently, doing this weaker growth in China and the United States the German export industry to create strong.
British American Tobacco bought in South-Eastern Europe
11:48 clock: The world’s top tobacco company British American Tobacco has strengthened. The British bought the strong in Southeast Europe tobacco manufacturer TDR, as they told in London on Monday. The deal valued the company at 550 million euros. British American Tobacco (BAT) expects a lot from the purchase of the cigarette manufacturer, which is well represented with its brands, especially in the Balkans in countries like Croatia, Bosnia and Serbia, as CEO Nicandro Durante said.
The BAT organization catering to the well-known brands of cigarettes “Lucky Strike” and “Pall Mall” had with 152 billion Glimmstängeln almost 4 percent less sold in the first quarter than a year earlier. In addition, the strong British pound impacted premium income. Price increases could not offset the negative effects.
Russian crisis loaded machine builders increasingly
11.35 Clock: The economic crisis in Russia and the political dispute with the European Union (EU) leave ever deeper traces in German engineering. The German machinery exports to the country fell in the first quarter of 2015 by 28 percent year on year, as the industry association VDMA announced in Frankfurt on Monday. “Unfortunately, the downward trend in mechanical engineering exports earlier this year has accelerated,” said VDMA President Reinhold Festge. In the ranking of the major importing countries in 2013 Russia was now fallen from fourth to tenth place.
German Annington increased savings target of Gagfah takeover
10.17 Clock: The real estate group German Annington has the financial goal of the takeover of rival Gagfah increased significantly. Until the end of 2017, the annual savings will amount to about 130 million euros, as the company announced in Bochum on Monday. To date, the Group had anticipated synergies from the acquisition in the amount of 84 million euros. The German Annington had completed the previously announced in December the acquisition of Gagfah recently. This is Germany’s largest real estate group formed with a total of 350,000 dwellings, the value of which amounts to 21 billion euros.
Dax recovered in hopes of Greece solution
9.59 Clock: The German stock market has started a recovery attempt after a murky previous week on Monday. The DAX benchmark index climbed in the first few minutes to 0.73 percent to 11,496.68 points. Last week he was still dropped by 3.4 percent.
Dealers pointed to modest hopes for progress in the dispute between the bankrupt threatened Greece and its funders. Other market observers, according to help the positive requirements of the stock exchanges overseas, especially in China.
The MDAX the midsize values gained in early trading 1.11 percent to 20,677.35 points. The TecDax of technology stocks rose by 0.91 percent to 1707.86 points. The euro zone benchmark index Euro Stoxx 50 advanced by 0.76 percent.
Euro starts with losses
9.25 Clock: The euro was launched on Monday with losses in the new trading week. In the morning, the euro was trading at 1.0955 US dollars, slightly lower than on Friday night. The European Central Bank (ECB) had the reference rate last Friday at 1.0970 (Monday: 1.0896) fixed US dollar.
<- finance chart.tag: {"M_LINK":"http://m.finanzen100.de/waehrungen/euro-us-dollar-eur-usd_H1763038774_14959435/","PERF_PCT":"-0,52%","PRICE":"1,0901","NAME":"Euro / US dollar (EUR/USD)","PERF_PCT_RAW":-0.5161,"WWW_LINK":"http://www.finanzen100.de/waehrungen/euro-us-dollar-eur-usd_H1763038774_14959435/","CURRENCY":"USD","PERF_ABS_RAW":-0.005655,"PRICE_RAW":1.090075,"CHART_URL":"http://c.finanzen100.de/bwcharts/images/finanzen100/intraday/fol_small.png?ID_INSTRUMENT=14959435&CODE_MARKET=%40W%24%24&key.codeMarket=DE%21%40DE%21W%24%24%21%40W%24%24","PERF_ABS":"-0,0057"} ->
- 0.0057 (- 0.52%)
According to the expert Ulrich Leuchtmann of Commerzbank to the attention of the markets is expected to depend on new price data from the euro zone start of the week. In the afternoon, the German consumer prices in May are on the program. Economists expect a rise in inflation. Since March, the ECB is struggling with a multibillion-dollar purchase program of government bonds against a too low inflation in the euro area.
Expert Dirk Gojny of the National Bank does not expect in the course of the day but with larger price movements in the markets. Before the interest rate decision of the ECB on Wednesday, market players are likely his opinion rather withhold. In addition to economic data and further developments in the debt dispute with Greece will be noted so Gojny.
A little money for milk - farmers complain of low prices
Monday, June 1, 09.16 Clock: Thuringia dairy farmers moan about persistently low Prices for raw milk. Currently give it an average of ten cents less than a year ago, said the managing director of the Association of Thuringian milk, Walter Pfeifer. That means a monthly loss of eight million euros for all production holdings in the Free State together. After Piper's words farmers currently receive between 27 and 30 cents per liter . "This can not go on like this." Over the past four weeks, three companies have already stopped production.
Some companies tried to compensate for the losses on earnings again at agriculture. "But that is only to a limited extent," said the expert. The Prices for wheat and canola were slumped in the past two years by one-third . In Thuringia, there are 440 larger dairy farms with about 113,000 dairy cows. you can produce, according to the association each year nearly one billion liters of milk. Pfeifer commented on the World Milk Day this Monday.
From the milk quota in the EU end of March had not yet had an impact on prices. Likewise remained Piper assessment of the feared overproduction. Is nationwide in the first two months of the removal percent less milk were produced, he said. The rate had capped the milk production so far. "Therefore, there was a fear that there are future even more milk on the market," said Pfeifer, who is also Deputy General Manager of the Thuringian Farmers' Association.
However, is the location overlooking the crisis in eastern Ukraine currently tense. The hang together in the first place with Russia, which, due to its s import ban on dairy meat and vegetables ceased to exist as an important trading partner, Pfeifer said. Of these farmers from Thuringia were not directly affected. "Every year 250 000 tonnes of cheese went from Europe to Russia, which must now be sold on the European market." This oversupply then meet also producer in Thuringia, which would have more difficult to sell their goods
Animation: like turning the interest rate screw acts
- Follow the ruble collapse: Massive drop in profits for Gazprom
- German Bank must billion penalty count
- Libor scandal: German bank will pay $ 2.5 billion
- Daimler CEO Zetsche:" TTIP not only freestyle but compulsory "
- market news: stocks, stock prices, currencies and indices in ...
- market news: stocks, stock prices, currencies and indices in ...
- market news: stocks, stock prices, currencies and indices in the ...
No comments:
Post a Comment