Infineon raises E1.27 billion through sale of new shares

Article Abstract:

Infineon Technologies AG has raised Euro1.27 billion in financing by selling 52.2 million new shares at E25 a piece to primarily institutional investors in Germany, the U.K., and the U.S.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Asset sales & divestitures, Semiconductor industry, Mergers, acquisitions and divestments, Infineon Technologies AG

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Daimler records a profit, but it sets a cautious tone: despite gains in the U.S., CEO sees broad challenges on the map for 2004

Article Abstract:

DaimlerChrysler AG Chief Executive Officer Jurgen Schrempp warns that although the company closed its fourth quarter with a profit amid a gradual strengthening of the economy, he believes there will only be a slight increase in 2004 profits. The company's Asian affiliate has already announced it will suffer a greater loss this year than previously estimated, and higher costs may be associated with the launch of new models.

Forecasts, trends, outlooks, Transportation equipment industry, Company sales and earnings, Company earnings/profit, Company business forecast/projection, Company forecasts, Daimler AG

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Veba looks for stronger results in 1999

Article Abstract:

Germany-based diversified utility company Veba AG said that it expects 1999 earnings to be better than 1998. Chairman Ulrich Hartmann did qualify that he expects 1999 to be a tough year because he expects the electricity division to post lower earnings.Veba said that it will ask shareholders' approval to buy back 10% of its shares.

Diversified Companies, Electric Utilities, Electric Power Generation, Transmission and Distribution, Finance, Veba AG

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