Baloise shares get a boost on takeover talk
Article Abstract:
Analysts said that Baloise Holding AG's share value could increase by an additional 10% by the end of 2000. The company is benefiting from reports of its possible acquisition and strong earnings.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Clariant's net profit increased 6.6% in 1999
Article Abstract:
Clariant AG posted an increase of 6.6% in its net profits for the 1999 year. The company posted 553 million Swiss francs (343 million euros) in net profits for the year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Swisscom pulls out of India, Malaysia
Article Abstract:
Swisscom AG announced that it is withdrawing from the Malaysian and Indian markets and concentrate its focus on Europe. The announcement meant that the firm was acknowledging that its venture into Asia was unsuccessful. Swisscom also posted a profit for the 1998 year on a revenue increase of 6.3%. The company said it was engaged in negotiations with both local and international companies that have expressed interest in acquring its mobile phone ventures in Malaysia and India.
Comment:
To withdraw from the Malaysian and Indian markets and to concentrate its focus on Europe
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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- Abstracts: Altadis net jumps on price increases and cost cutting. Altadis bid may spur others. Altadis net profit jumps 26% despite declining demand
- Abstracts: Alcoa's net surged in quarter, beating analysts' estimates. Alcoa posts 31% drop in first-quarter net. Alcoa's net income jumped 57% in second quarter
- Abstracts: Vivendi chief says group's strength lies in old and new. Vivendi: media phenomenon. Vivendi won't seek long-term deal with News Corp