European Market Update 7/28/10

Notable European names that reported today involved Infineon, Arcelormittal, Peugeot and Spanish bank BBVA. Infineon shares opened higher 1.8% as company beat analysts estimates on revenues and operat...

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U.S. Stock Market Gears Up For Tech Stocks Earnings

The World Cup in South Africa has now come and gone with the Spanish armada being crowned World Cup Champions. After a month long spectacle that saw Europe descend and then resurrect into the new fo...

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Bear Of The Day: Telefonica S.A.

We are downgrading our recommendation to Underperform for Telefonica (NYSE:TEF) due to its conflict with Portugal Telecom for the full control of their Brazilian wireless joint venture. Despite solid ...

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Bank Of Spain Restructures Cajas

Spain’s Central bank has announced the merging of the country’s several savings banks – or cajas as they are known in the country – and an infusion of new capital in the banking system for the...

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Spanish Ratings Woes Put Pressure On Stocks

With their usual impeccable sense of timing Moody’s rating agency put Spain’s AAA rating on review for a possible one to two notch catch up downgrade yesterday evening on the ...

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Spain On The Up

With all the excitement over the performance of Spain’s soccer team in the World Cup, it has been easy to overlook the performance of the Spanish ETF, EWP (EWP). From a low of 29.85 almost a ...

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Spanish export price index rose at a faster annual rate in May, as charges for most of its components increased, data released by the Spanish statistical office showed Monday.9 Vote(s) ...

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Spanish Ratings Woes Put Pressure On Stocks

With their usual impeccable sense of timing Moody’s rating agency put Spain’s AAA rating on review for a possible one to two notch catch up downgrade yesterday evening on the eve of the ...

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Telefonica Raises 2nd Vivo Bid

Spanish telecom company, Telefonica (NYSE:TEF) has raised its bid for Portugal Telecom’s (NYSE:PT) stake in Brazilian mobile operator Vivo Participacoes (NYSE:VIV) by another 10% to €7.5 billion (...

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Spain Is Now The Big Story Of Europe

Greece is not the big story of Europe anymore - just a smoke screen. The big story is Spain and the United Kingdom, and the news is getting worse. In the past week, Spanish officials acknowledged t...

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