Banco de Valencia stocks fall after bailout

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Source: Marketwatch

Shares of Banco de Valencia, seventh-largest Spain's bank, decreased on Thursday when they restarted trade after its bailout bySpanish central bank. Spain provided EUR1 billion to the Banco de Valencia. During the first 45 minutes shares fell by 22% causing decrease in equity to EUR286 million.

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Thu, 24 Nov 2011 13:04:55 GMT

European stocks and US futures retreat from five-day losses as Germany considers Euro Bonds

European equities rose during Thursday's morning trade on speculation Germany may settle to release Euro-bonds. Stoxx 600 gained 0.4% to 221.1. Nevertheless, index has lost 20% throughout year. Standard & Poor's 500 Index futures expiring December climbed 0.5% indicating that US stocks might interrupt the six day decline. Dow Jones Industrial average futures advanced 0.4%.

Thu, 24 Nov 2011 13:01:25 GMT

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