Commerzbank to sell non-performing Spanish loans

Source: Bloomberg
Commerzbank AG, the second biggest bank in Germany, said on Thursday that it sold non-performing mortgages in Spain with a total amount of 710 million euro, as the bank wants to decrease risky assets by 600 million euro and issue 20 million euro of new capital. Stock prices of Commerzbank AG are picking up 2.9% to 13.04 euro per share by 11:40 GMT in Frankfurt.
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Thu, 06 Feb 2014 11:59:08 GMT

U.K. shares advance for second day ahead of BOE, ECB decisions

U.K. shares rose for a second straight day as interest rate decisions were awaited from the Bank of England and the European Central Bank by investors. The FTSE 100 Index gained 0.8% to 6,511.61 as of 11:20 a.m. London time; however, it has declined 5.7% since January 20. The FTSE All-Share Index added 0.68%, while Ireland's ISEQ Index climbed 1%

Thu, 06 Feb 2014 12:45:04 GMT

Vodafone revenue declines smaller than predicted in Q4

Vodafone Group Plc, the largest telecommunications company in the U.K., announced a 4.8% decrease in revenue for the Q4 to 9.8 billion pounds, while analysts predicted the indicator to decline 4.9%. More negative results in Europe were balanced by growth in Africa and Asia. Today, Vodafone Group Plc shares are rising 2.7% to 221.75 pence per share by 11:30 GMT

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