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Citigroup reports record breaking first quarter earnings

Citigroup Inc. has reported record net income for the first quarter of 2005 of $5.44 billion, or $1.04 per share, both increasing 3% from the first quarter of 2004. Income from continuing operations w ...

Castellum acquires properties for SEKm 145 and sells for SEKm 27 (SE)

Castellum has through wholly owned subsidiaries acquired three properties for SEKm 145 and sold two properties for SEKm 27.In the beginning of April, Eklandia Fastighets AB has acquired and taken poss ...

Nieuwe Steen Investments N.V. has good expectations for 2005 (NL)

Nieuwe Steen Investments N.V. (NSI) has achieved excellent results over the year 2004. The direct investment result per average outstanding share went up to € 1,36 and the indirect investment res ...

DTZ takes 30 pct stake in DTZ Sweden (SE)

Property company DTZ Holdings PLC said it has taken a 30 pct stake in DTZ Sweden in a move to formalise the two companies' long-standing commercial partnership in Sweden.DTZ paid an initial 1.05 mln s ...

Walter Bau takeover: Haselsteiner gratified by clear support for the deal from the creditors' committee (DE/AT)

After the creditors' committee for insolvent Walter Bau-AG had yesterday unanimously approved STRABAG's takeover package, Hans Peter Haselsteiner, Chairman of the executive board of Bauholding STRABAG ...

Scope publishes new rating results of Open-Ended Real Estate Funds (DE)

The rating agency Scope has published the rating results of all open-ended real estate funds in Germany for the second time. Two-thirds of the funds received assessment changes. The primary reasons fo ...

EasyETF EPRA Eurozone has been awarded Most innovative ETF in Europe

EasyETF EPRA Eurozone has just been awarded Most innovative ETF in Europe for 2005 at the Global ETF Awards organized by International Fund Investment (IFI) and exchangetradedfunds.com. The fund’ ...

DeAM names Germany institutional sales head (DE)

Deutsche Asset Management has appointed J P Morgan Fleming’s Peter Kerger to head institutional sales in Germany. Kerger, who started at the beginning of the month, leads the institutional relati ...

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