Stocks and Finance

Spain

Spain 2/8/2012

16:39 : 5 European Nations Agree to Help U.S. Crack Down on Tax Evasion - France, Germany, Italy, Spain and Britain will #x201C;intensify their cooperation#x201D; to identify U.S. tax cheats in return for help in finding U.S. accounts held by residents of those countries.
Source : nytimes-com

Spain 2/7/2012

06:04 : Spain Top Banks Set EUR7.5 Billion Extra Provisions On Properties - Spain's three largest banks said Tuesday that they would set aside EUR7.54 billion in additional provisions for property risk this year in order to comply with a new government plan to clean up the country's financial sector.
Source : foxbusiness-com

Spain 2/3/2012

12:53 : Air Nostrum receives its 75th Bombardier Commercial Aircraft - TORONTO, ONTARIO--(Marketwire - Feb. 3, 2012) - Bombardier Aerospace and Air Nostrum of Valencia, Spain yesterday celebrated the delivery of the airline's 75th Bombardier commercial aircraft at Bombardier's Mirabel facility in Québec, where ...
Source : marketwire-com
10:10 : Today’s Best Market Rumors (2/3/2012) Brocade Buyout, Spain Banks - The euro rose against the U.S. dollar on Friday trading, yet probably heading for a weekly decline, on expectations U.S. jobs report will show rise in non-farm payrolls, thereby enhancing risk taking. The main highlight of the day will be the awaited ...
Source : 247wallst-com
05:00 : Spain cabinet seen approving bank overhaul Friday - MADRID (MarketWatch) -- Spain's cabinet on Friday is expected to approve new rules to restructure the banking system, requiring banks to boost their loan-loss provisions by 50 billion euros ($66 billion). The plan, announced the prior day, aims to "dissipate ...
Source : marketwatch-com

Spain 2/2/2012

17:12 : Spain Orders Banks to Set Aside More Money for Problem Property Assets - The new rules, to be adopted by decree Friday, will require Spanish banks to set aside funds equivalent to 80 percent of their real estate debts to help shore up the troubled sector.
Source : iht-com
13:37 : Spain, France borrowing costs fall - Spain and France enjoyed a blast of positive investor sentiment on Thursday with borrowing costs falling at debt auctions stoked by cheap cash from Europe's central bank.
Source : ibtimes-com
09:58 : Euro Currency Showing Strength under Pressure - For weeks now, the EUR has been the focus of most investors as they analyze the situation affecting the euro-zone. The euro has been hanging on the balance precariously as negations and procedures are put in place. However, despite the difficult time ...
Source : fxstreet-com
07:03 : Spain sells 4.56 million euros of debt - Spain sold 2015, 2016 and 2017 bills worth 4.56 million euros, exceeding the auction\'s target of 4.5 billion euros. The three-year notes saw an average yield of 2.861% from 3.384% in an auction last month, yet demand fell to 1.63 times from ...
Source : ibtimes-com
05:55 : Yields decline as Spain sells 4.6B euros of debt - LONDON (MarketWatch) -- The Spanish Treasury on Thursday sold nearly 4.6 billion euros ($6.1 billion) of government debt, with borrowing costs showing a further decline. Spain sold 2.52 billion euros of 2015 paper at an average yield of 2.86%, ...
Source : marketwatch-com

Spain 2/1/2012

11:44 : Spain 10-year bond yield lowest since Nov. 2010 - LONDON (MarketWatch) -- Heightened investor appetite for risk in the wake of stronger-than-expected manufacturing data in China and Europe helped sharply drive down government bond yields across the periphery of the euro zone on Wednesday, ...
Source : marketwatch-com
05:16 : Sodeto Journal: Tiny Village of Sodeto Wins Big in Spain#x2019;s Lottery - All but one household in Sodeto, Spain, held at least a piece of a winning ticket in the Christmas lottery#x2019;s huge first prize of $950 million, the biggest ever.
Source : iht-com
04:55 : Markit eurozone manufacturing PMI 48.8 in January vs. flash reading of ... - Markit eurozone manufacturing PMI 48.8 in January vs. flash reading of 48.7 and 46.9 in December. There were signs of recovery in Germany (51) and Austria (51.8), where PMIs rose back into expansion territory, while contraction ...
Source : seekingalpha-com
02:51 : Imperial Tobacco 3-month tobacco sales fall 1% - MADRID (MarketWatch) -- Imperial Tobacco PLC on Wednesday reported tobacco net revenues fell 1% in the three months to December 31 and rose 3% on an underlying basis. Underlying stick equivalent volumes fell 1%, and reported stick volumes fell 7%, with ...
Source : marketwatch-com

Spain 1/31/2012

12:25 : European shares close mostly green, but well off their best levels, dragge - European shares close mostly green, but well off their best levels, dragged down by a weak U.S. open. Stoxx 50 +0.6%, Germany +0.2%, France +1.2%, Italy +0.5%, Spain -0.1%, U.K. +0.2%. The euro -0.7% ...
Source : seekingalpha-com

Spain 1/30/2012

13:43 : Jobs on EU agenda as Spain slides - Jan.30 - European Commission president Jose Manuel Barroso says youth jobs are a priority, as the Spanish economy looks set to slip into a long recession. Ciara Sutton reports
Source : reuters-com
09:12 : Risk-off as eyes on EU summit and Greece, Spain contracts - While talks between Greek government and institute of international finance progress, eyes and hearts are fixated to the long lasting story of Greece debt resolution, although reports suggested that a deal between the bond-holders and government ...
Source : ibtimes-com
08:03 : Spain: Back in red - The Spanish economy plunged in Q4 after seven consecutive quarters of growth. The positive contribution from net exports was not sufficient to offset the fall in domestic demand. Without support from external demand, the fiscal consolidation will be ...
Source : fxstreet-com
07:04 : Personal income & spending, Dallas Fed mfg survey - ECONOMIC NEWS Fitch is downgrading downgrading Italy, Spain, Belgium, Cyprus and Slovenia, on economic headwinds from the euro zone’s debt crisis. Out of the USthe GDP expanded at a 2.8 ...
Source : fxstreet-com
06:40 : Spain Contracts in Fourth Quarter   - The Spanish economy continues to struggle with the abysmal growth pace, surging unemployment, frail financial sector, and fiscal imbalances.The economy ended 2011 with contraction as the GDP fell 0.3% and on the year recorded slim growth of 0.3% according ...
Source : ibtimes-com
06:30 : Spain Contracts in Fourth Quarter - The Spanish economy continues to struggle with the abysmal growth pace, surging unemployment, frail financial sector, and fiscal imbalances.The economy ended 2011 with contraction as the GDP fell 0.3% and on the year recorded slim growth of 0.3% according ...
Source : ibtimes-com
05:56 : EU summit: Still searching for a solution - European Union leaders will gather Monday for their first summit of the year. The good news is that conditions for Italy and Spain are improving. But the fate of Greece is still uncertain.
Source : cnnmoney-com
03:45 : Spanish GDP falls 0.3% in final quarter of 2011 - MADRID (MarketWatch) - Spanish gross domestic product fell 0.3% in the final quarter of 2011, the national statistics agency said on Monday, in a first estimate of the data. The statistics agency said growth fell owing to weak domestic demand, partially ...
Source : marketwatch-com
03:41 : Spain's GDP contracted 0.3% in Q4, in line with expectations and down ... - Spain's GDP contracted 0.3% in Q4, in line with expectations and down from 0% in Q3. With the highest jobless rate in the EU and credit shrinking by the most on record, Spain is now teetering on the brink of its second recession ...
Source : seekingalpha-com
03:31 : EURUSD Resilience To Credit Downgrades Could Herald Correction Higher - Market Brief EURUSD has started the week at new highs, reaching a peak of 1.3234 at the Asian open before paring back below 1.3150. This buoyancy comes in spite of fresh sovereign credit downgrades on Friday evening where Fitch lowered ...
Source : fxstreet-com
00:41 : Risk Off amid Disappointing US GDP, Eurozone Downgrades - Financial markets retreated in Asia Monday as driven by disappointing US GDP and Fitch's downgrades of credit ratings of several Eurozone countries including Italy and Spain. The situation in Greece remained uncertain. ...
Source : fxstreet-com

Spain 1/28/2012

01:06 : Fitch downgrades Italy, Spain, other euro-zone ratings - Fitch downgrades Italy, Spain, other euro-zone ratingsFitch downgraded the credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there ...

Spain 1/27/2012

20:06 : Fitch Downgrades Ratings of Italy and Other Countries - Citing near-term vulnerability, the agency lowered the credit ratings of Italy, Belgium, Cyprus, Slovenia and Spain and indicated there could be further cuts.
Source : iht-com
16:50 : Euro ends week with strong gains despite Fitch downgrade of five euro ... - On Friday, Fitch Ratings cut the credit ratings of five euro zone nations Belgium, Cyprus, Italy, Slovenia and Spain, while affirming Ireland's credit rating as it concluded the review ...
Source : fxstreet-com
15:07 : Fitch Cuts Credit Rating of Five Eurozone Countries - Fitch sliced the credit rating of Italy, Spain and three other eurozone countries on Friday. The ratings company affirmed Ireland’s rating and said its outlook is negative for all six sovereigns.
Source : foxbusiness-com
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