European Markets Overview – 29th July 2013
Jul. 30, 2013 - CHUO-KU, Japan -- The Stoxx Europe 600 index climbed half a point to 300.2, after a 0.2% dip on Friday. We expect the markets to remain fairly stagnant until later this week, as investor monitor meetings of The European Central Bank, The Bank of England, and US Federal Open Market Committee for any changes to monetary policy.
Irish based biotech firm Elan Corp. gained 11% after an announcement by US based Perrigo Co. stating that they would buy Elan Corp. for $8.6 billion in both cash and shares. Perrigo will buy Elan for $16.50 a share, 10.5% higher than Elan closed on Friday.
Dublin-based Ryan air Holdings PLC dropped more than 3% as the low cost airliner reported a 21% decline in fiscal first quarter profits, and issued a cautious outlook for the rest of the year due to high fuel costs, government taxes, and the recession.
French yoghurt producer DANONE rose 3.5% after confirming their full year targets and reporting a 6.7% climb in sales last quarter.
Advertising firms were some of the day’s biggest gainers. The French advertising firm, Publicist Group SA is up more than 2% after the announcement of a merger with the American firm Omnicom Group Inc. This merger represents the biggest deal in advertising industry history, creating Publicist Omnicom Group. It will have a market capitalization of $35.1 billion, surpassing the market leader WPP PLC. Other advertising firms also rose, French Havas SA is up more than 4% and WPP PLC is up 1.5%. Competitors are benefiting because the merger of the two giant advertising firms will cause client conflicts and drive business elsewhere.
Barclays PLC is one of the day´s biggest losers, dropping more than 4%, due to speculation that the bank will raise capital by issuing new securities. The bank has released a statement saying that they are in discussions with the Prudential Regulation Authority about their financial and capital management plans and they will update the market later this week.
Harver Group is a privately owned and run investment company with a prime focus towards world-class current projects from the early to late stages of the company’s development. Harver Group help in the development of remarkable companies who have the need for a well connected and placed partner to help when the need arises for financial assistance by a team with management and strategic business acumen. With vast experience in the finance industry and their various processes of development, Harver Group can capitalize in on projects that offer potential within niche markets and across the technology and life sciences sectors.
Nihonbashi Mitsui Tower, 26th Floor, 1-1, 2 Nihombashi-Muromachi
Chuo-ku, Tokyo, Japan 103-0022
Tel: +81 3 4578 1728
Fax:: +81 3 4333 7348
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release European Markets Overview – 29th July 2013 here
News-ID: 270542 • Views: 1845
More Releases from Harver Group
Harver Group Appoints Senior Analyst Steven Vaughan
Experienced Trader to replace Senior Analyst at Harver Group. Jul. 18, 2013 - CHUO-KU, Japan -- Today Director and Co-founder at Harver Group Koji Masuto, announced that Steven Vaughan will be taking over as Senior Analyst. Mr. Vaughan will be replacing Michael Jones, who is retiring at the end of the year after 7 years of loyal service to Harver Group. “Michael Jones has performed an indispensable role during what has
Banking Sector Roundup July 30th 2013 – A Difficult Day For A Number Of Banks
JP Morgan, Barclays, and Deutsche Bank are all having legal troubles. A JP Morgan division is accused of manipulating electricity markets, Barclays of not disclosing fees paid, and Deutsche Bank has a number of charges levied against it. Jul. 31, 2013 - CHUO-KU, Japan -- Major banks across the global are having legal and financial difficulties including; JP Morgan, Barclays, and Deutsche Bank. A division of JP Morgan Chase & Co.
Lifetime Achievement Award Given to Martin Owen At Harver Group
At Harver Group´s annual awards dinner last weekend, Senior Analyst Mr. Martin Owen received the Company’s highest honor; The Lifetime Achievement Award. Jul. 11, 2013 - CHUO-KU, Japan -- "We here at Harver Group are tremendously proud of Martin Owen, he joined Harver Group at its inception 10 years ago and since then, he has continually been a beacon of integrity and hard work. He has always put the clients first
Harver Group Releases IPO Forecast For July 2013
Tokyo based equity researcher Harver Group has released its predictions for the top performing IPOs of July 2013. Jul. 17, 2013 - CHUO-KU, Japan -- Peter Anderson, Senior Vice President of Mergers and Acquisitions at boutique equity research house Harver Group in Tokyo today approved the release of the company’s IPO forecast, written by the company’s head of investment analysis Mr. Nathan Marx and Director of Private Equity Mr. Stephen James.
More Releases for Elan
Global Skis Market 2018-2025 Atomic, Dynastar, Elan, Fischer
A market study "Global Skis Market" examines the performance of the Skis market 2018. It encloses an in-depth Research of the Skis market state and the competitive landscape globally. This report analyzes the potential of Skis market in the present and the future prospects from various angles in detail. The Global Skis Market 2018 report includes Skis market Revenue, market Share, Skis industry volume, market Trends, Skis Growth aspects. A wide
2017 Global Light Controllers Market Legrand, Osram, Futronix, Elan
Light Controllers Market Research Report A market study ” Global Light Controllers Market ” examines the performance of the Light Controllers market 2017. It encloses an in-depth Research of the Light Controllers market state and the competitive landscape globally. This report analyzes the potential of Light Controllers market in the present and the future prospects from various angles in detail. The Global Light Controllers Market 2017 report includes Light Controllers market Size,
Lighting Control Dimmers Market 2017- Elan, Control4, Insteon, Nortek, Leviton
Apex Research, recently published a detailed market research study focused on the "Lighting Control Dimmers Market" across the global, regional and country level. The report provides 360° analysis of "Lighting Control Dimmers Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Lighting Control Dimmers industry, and estimates the future trend of Lighting
Elan Technologies Presents its Core Expertise in ASP.NET Development Services
Elan Technologies provides offshore ASP development services for website development and in devising e-commerce solutions. Elan Technologies also offers open source development using several third party options provided by Microsoft and also provides legacy modernization services for all those legacy systems which need migration to ASP.NET. We bring the obvious advantage of our offshore software development services to the fore, which includes our flexible engagement models and extremely cost effective. We
Wedding Partnerships – Chateau Elan
Brandelyn Lee Photography proudly announces its new partnership with Chateau Elan. Brandelyn Lee Photography is an Atlanta Wedding Photographer that specializes in Lifestyle Photography. Brandelyn Lee Photography shoots locally in the Atlanta market and shoots Destination wedding photography. Chateau Elan is located north of Atlanta in the city of Winder. It is a well known vineyard, hotel, and conference center just outside of the city
ELAN® U Reaches Another Major Milestone With Over 100,000 Courses Taken
ELAN University Continues to Flourish, Providing Dealers With Unmatched Tools and Resources for Success LEXINGTON, KY — ELAN Home Systems, a leading manufacturer of award-winning distributed audio/video and home control systems, today announced that the number of courses taken through the company’s ground-breaking ELAN U online training program has surpassed the 100,000 mark with 107,533 courses taken in the program’s three year history. The announcement was made by Paul