GO
Loading...

Germany

More

  • Allianz First-Quarter Profit Rises 78% Tuesday, 8 May 2007 | 4:16 AM ET

    Insurer Allianz confirmed Tuesday that its first-quarter profit rose 78% on sales of stakes in BMW and retailer KarstadtQuelle, which helped offset claims from a storm that walloped parts of Europe in January.

  • Deutsche Bank became the latest bank to benefit from strong markets on Tuesday when it reported that trading helped it reach a record profit in the first three months of the year.

  • Adidas, the maker of athletic apparel and sporting goods, said Tuesday its net profit fell 11% in the first quarter as marketing costs related to the Reebok brand and the comparison with last year's World Cup cut into profits.

  • Puma First-Quarter Net Profit Rises 3.7% Monday, 7 May 2007 | 4:49 AM ET

    Puma slashed its full-year sales guidance to "low single-digit" growth from a previous forecast of "mid to high single-digit" growth due to weak increases in new orders at the end of the first quarter.

  • HeidelbergCement Says May Make Offer for Hanson Thursday, 3 May 2007 | 11:46 AM ET

    Germany's HeidelbergCement said on Thursday it was looking at the possibility of acquiring British building materials company Hanson.

  • MAN's First-Quarter Profit Increased by 47% Thursday, 3 May 2007 | 8:45 AM ET

    Truck maker MAN, which failed in its plan to buy Scania, said Thursday its first-quarter profit rose 47% as demand for its trucks and cost-cutting plans bore fruit for the company.

  • BMW Posts 38% Fall in First-Quarter Profit Thursday, 3 May 2007 | 8:31 AM ET

    Luxury car maker BMW said Thursday its first-quarter profit dropped 38% as it spent more money on launching new models and because last year's figure included a one-time gain.

  • German Workers Strike to Push For Wage Increase Wednesday, 2 May 2007 | 11:46 AM ET

    More than 60,000 workers in Germany's engineering and metalworking sector took part in temporary stoppages on Wednesday, turning up the pressure on employers the day before a key round of wage negotiations.

  • German Unemployment Falls in April Wednesday, 2 May 2007 | 4:52 AM ET

    Unemployment in Germany continued to decline, with the rate reaching 9.5% in April with fewer people out of work as companies sought to fill vacancies amid an economic turnaround.

  • Allianz Profit Rises Above Expectations Wednesday, 2 May 2007 | 3:52 AM ET

    Allianz said first-quarter net profit rose to 3.2 billion euros ($4.4 billion) from 1.8 billion euros ($2.4 billion) on a "very favourable development" on the capital markets.

  • German April Jobless Dipping Below 4 Million Tuesday, 1 May 2007 | 7:09 AM ET

    The number of unemployed people in Germany fell to 3.967 mln in April, dipping below the politically key mark of 4 million for the first time in several years, said Labour Minister Franz Muentefering.

  • German March Retail Sales Down 0.7% vs Feb. Monday, 30 Apr 2007 | 3:54 AM ET

    German retail sales were up 0.5% in real terms in March compared with March 2007 and down 0.7% from February this year, according to preliminary figures from the Federal Statistics Office.

  • Veolia Environnement, a French waste management and water company, said Friday it and two private equity firms will buy German rival Sulo in a deal worth 1.45 billion euros ($2 billion).

  • Infineon Profit Disappoints Analysts Friday, 27 Apr 2007 | 6:36 AM ET

    German chipmaker Infineon missed expectations with a wider second-quarter operating loss for its core, non-memory units mainly due to charges relating to the insolvency of a major client.

  • German chemical company BASF said its first-quarter earnings rose nearly 9%, lifted in part by its acquisition last year of U.S. catalyst maker Engelhard.

  • German Business Confidence Up Despite Strong Euro Wednesday, 25 Apr 2007 | 9:24 AM ET

    German business confidence rose unexpectedly this month despite the euro's increasing strength, a closely watched survey showed Wednesday, and the government underlined the growing optimism by raising its outlook for Europe's biggest economy.

  • Outgoing Siemens Chair Holding Head High Sunday, 22 Apr 2007 | 10:40 AM ET

    Siemens' outgoing supervisory board chairman, who is departing amid corruption scandals at the company, said in an interview published Sunday that he knew nothing about alleged improper payments during his time at the helm and is leaving with his "head held high."

  • Germany's SAP met analysts' forecasts for sales of new software licenses but missed expectations for earnings after a difficult first quarter in which it lost a top manager and faced a lawsuit from a rival.

  • Porsche Files Takeover Offer for VW with German Regulator Thursday, 19 Apr 2007 | 11:39 AM ET

    Porsche said Thursday it had filed its formal takeover offer for Volkswagen with German regulators, a required step after it lifted its stake in the maker of the iconic Beetle.

  • German March PPI Up 0.3% Versus February Thursday, 19 Apr 2007 | 4:17 AM ET

    Producer prices in Germany rose 0.3% in March from February and rose 2.5% from March last year, the Federal Statistics Office said.