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Fiat S.p.A (PinkSheets: FIATY) Reaps Smaller Third Quarter Returns

Fiat S.p.A (PinkSheets: FIATY) Reaps Smaller Third Quarter Returns

From the viewpoint that Fiat S.p.A (PinkSheets: FIATY) went into the third quarter pressured by two consecutive quarterly losses amid a mission to turnaround the financial circumstances of Chrysler LLC in which it had acquired a 20 percent stake upon emergency from bankruptcy in June, the Italian automaker’s results for the period under review still reflect a rebound notwithstanding a 95 percent year-on-year crash.
Oct 23, 2009
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PSA Peugeot Citroen S.A (PinkSheets: PEUGY) Q3 Revenue Tumbles Despite Market Share Growth

PSA Peugeot Citroen S.A (PinkSheets: PEUGY) Q3 Revenue Tumbles Despite Market Share Growth

A draw back to the light side is slowly coming into view for the shares of PSA Peugeot Citroen S.A (PinkSheets: PEUGY) in tune with a below-the-forecast 7.7 percent third quarter revenue reduction reported Wednesday.
Oct 21, 2009
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Anticipated Tie-up of Anglo American Plc (PinkSheets: AAUKY) and Xstrata PLC Falls Apart

Anticipated Tie-up of Anglo American Plc (PinkSheets: AAUKY) and Xstrata PLC Falls Apart

Establishment of one of the world’s top mining conglomerates by market capitalization that has been on the cards since June came to a sudden halt on Thursday when the world’s largest coal miner, Xstrata PLC (LON: XTA) withdrew its bid for the renowned platinum producer, Anglo American Plc (PinkSheets: AAUKY).
Oct 15, 2009
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 Chemical Sector on the Move as BASF SE (PinkSheets: BASFY) Announces Better-than-Expected Q3 Net Income

Chemical Sector on the Move as BASF SE (PinkSheets: BASFY) Announces Better-than-Expected Q3 Net Income

Stocks in the chemical sector are trading sharply higher on optimism that the worst is bottoming out as evidenced by surprisingly strong third quarter preliminary financial results of chemical manufacturer, BASF SE (PinkSheets: BASFY) on Wednesday.
Oct 14, 2009
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