Tag Archives: personal finance

Some Wall Street Facts

On Wall Street, one of the stars of the day was Delphi, which was up 8% after announcing a major reduction in its losses. Back in Spain, the IBEX show their strength again after reaching a new high you closer to the benchmark of 16,000 points. The leader of the session was Gamesa, encouraged by the success of its competitor Vestas Wind. The Spanish manufacturer of wind turbines surged 2.84% to 35.85 euros per share, while its Danish rival surged 15.7% on the Copenhagen Stock Exchange. After Gamesa, Cintra and ACS scored a 2.69% and 2.6% BME.

Among the great values, Iberdrola completed a revaluation of 2.11%. The session was positive for Telefonica, which rose 0.43%, Endesa, Santander and 0.22% with 0.07%. By contrast, Repsol, BBVA fell 1.33% and 0.41% respectively. Repsol worse than it was for NH Hoteles, which yielded 1.39%. The oil and the hotel chain were the only values that resulted in the selective loss greater than 1%. One of the protagonists of the session was Gas Natural, which rose 0.65% after reporting a net profit in the first nine months of the year of 726.1 million euros, up 12.2% over the same period previous year.

In addition, the gas introduced a strategic plan that will invest 12,000 million between 2008 to 2012 and raise its annual profit by 8% during this period. In presenting this plan, the company headed by Salvador Gabarro ruled out large acquisitions. In the continuous market, the largest increases were for Special Ingots (5.12%) after submitting the close of yesterday’s meeting a success. For its part, Ence rebounded by 3.8%. On the side of the losses were at Arcelor and Fadesa to be provided a 10.44% and 5.02% respectively. In the currency market, the euro continues to grow regarding the U.S. currency and exchanged for $ 1.4553 0.58% after assessed. The oil also continues to escalate, the Brent futures price rose 3.25% to $ 93.43 a barrel, the futures price of West Texas came to $ 96.66 after rallying 2.85%. In the secondary debt market, the profitability of Spanish 10-year bond reached the 4.294% to 0.09% growth. His German counterpart rented to 4.174% after rising 0.17%.