Showing posts with label Volkswagen. Show all posts
Showing posts with label Volkswagen. Show all posts

Monday, July 30, 2007

German Stocks Including Linde, Volkswagen Rise; Deutsche Bank, IKB Gain

(Bloomberg) -- German stocks including Linde AG
advanced after reporting earnings that beat analysts' estimates.
Volkswagen AG gained after analysts raised their price estimates
on the stock.

IKB Deutsche Industriebank AG led financial shares lower as
the lender, which invested in U.S. subprime mortgages, cut its
profit forecast.


Read more at Bloomberg Stocks News

Friday, July 27, 2007

Global financial markets stabilize after tremble

(Reuters) - Earlier, world stocks hit a 6-week low while credit spreads and emerging sovereign bond spreads burst wider as fears grew that a U.S. housing fallout might trigger a global credit crunch.




But European shares have since erased losses as auto shares rallied following strong Volkswagen results. U.S. stock futures pointed to a firmer open on Wall Street after it suffered the biggest fall since February.


Read more at Reuters.com Bonds News

Thursday, July 26, 2007

Scania CEO says no discussions with MAN

(Reuters) - Ostling said he did not know if any talks were being held
among the two truck makers' owners.




Germany's Volkswagen , the biggest investor in both
Scania and MAN, has sought to resume negotiations on a merger of
the two firms to create Europe's truck market leader.


Read more at Reuters.com Mergers News

Monday, July 16, 2007

German Stocks Including Deutsche Bank Advance; Siemens Shares Retreat

(Bloomberg) -- German stocks including Deutsche Bank
AG, Allianz SE and Bayer AG rose. Volkswagen AG climbed after the
carmaker said it expects to boost sales in China. Siemens AG
paced falling shares.

The DAX added 5.25, or less than 0.1 percent, to 8098.02 at
1:07 p.m. in Frankfurt. DAX futures expiring in September were
little changed at 8155. The HDAX Index of the country's 110
biggest companies gained less than 0.1 percent.


Read more at Bloomberg Stocks News

Wednesday, July 4, 2007

VW says H1 China/HK vehicles sales up 24.6 pct

(Reuters) - The maker of Volkswagen and Audi brand cars moved a record
431,369 vehicles during the period, compared with 346,263
vehicles a year ago, the company said in a statement.




Sales of Volkswagen brand vehicles increased 23.7 percent to
379,705 units in the half-year, including imported models, while
sales of the Audi brand rose 26.9 percent to 49,267 units, it
said.


Read more at Reuters.com Market News

Wednesday, May 30, 2007

Germany's DAX Declines; BMW, Volkswagen and TUI Shares Pace the Retreat

(Bloomberg) -- German stocks fell for the first time
in three days, led by Bayerische Motoren Werke AG and Volkswagen
AG. Shares of TUI AG also dropped.

The DAX lost 87.63, or 1.1 percent, to 7693.41 at 3:53 p.m.
in Frankfurt, headed for the biggest one-day drop in three weeks.
DAX futures expiring in June retreated 1 percent to 7713. The
HDAX Index of the country's 110 biggest companies slid 1 percent.


Read more at Bloomberg Stocks News