Banks lead regional indexes lower

Article Abstract:

The pan-European index Dow Jones Stoxx on Tuesday ended 1.7% lower, reaching 364.66, as effects from the ongoing credit market problems continue to be felt in the banking sector. Examples include BNP Paribas S.A., down 3.4%; Barclays PLC, down 3.6%, and Deutsche Bank AG, down 1.7%.

Europe, Labor Distribution by Employer, United Kingdom, Germany, Influence, Statistics, Barclays PLC, Stock markets, Stock market, Deutsche Bank AG (Frankfurt, Germany), DB, Subprime loans

---

BNP Paribas net climbs by 15%, but shares fall

Article Abstract:

BNP Paribas S.A. of France posted fourth quarter net profit up by 15 percent to 1.34 billion Euros ($1.6 billion) from 1.16 billion Euros last year. Operating income increased to 1.95 billion Euros from 1.64 billion Euros. However, share price for the banking giant has fallen.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Company Profile

---

BNP Paribas plans share buyback after price slump

Article Abstract:

BNP Paribas S.A. will repurchase its own shares in order to exploit low share prices resulting from the September 2001 World Trade Center attacks. The firm's share value has dropped by about 20% since the attacks.

Commercial Banking, Commercial banks, World Trade Center and Pentagon Attacks, 2001

Similar abstracts:

• Abstracts: Glynwed's profit falls 13% as U.K. firm rebuilds. Siemens net profit tumbles by 56%, sales fall by 14%. AMEC's pretax profit rises 20%
• Abstracts: Attacks could boost telecommunications industry. Japan car shares downshift. Air-flight jitters may boost video-conferencing services
• Abstracts: Thomson unit puts digital TV in picture. Circuit City's net tumbled 88% in second quarter. Sony's net drops on sharp losses from Playstation 2
• Abstracts: Air France's earnings soared in quarter. KLM Airlines adds surcharge to offset costs. French Concordes will continue to be grounded
• Abstracts: HSBC won't rule out staff cuts as last resort. KBC will cut staff 12% by 2004 to boost profit. ABN Amro to cut staff by 7,000 in Netherlands

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.