Tuesday, 10 January 2012

Financial News

Philips – The Dutch technology group has suffered a European setback to its revamp plans after another profit warning.

China trade – Although import figures are down, commodity imports remain strong so there is some optimism for fixed asset investment growth.

Olympus – Relief rally? But there’s a long way to go before the scandal at the Japanese camera-maker is fully cleared up.

Software AG – Investors punish shares of the German software company after poor earnings.

Nomura – Japanese bank cannot get its overseas act together.

National Bank of Greece – Forcing a haircut on bondholders as it tries to avoid state control.

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