VW shares up 2.7% in early trade on truck listing plans
FRANKFURT - Volkswagen shares were up 2.7% in early trade on Tuesday after the multi-brand carmaking group said it would press ahead with a listing of its trucks unit Traton in what could be Germany’s biggest share offering this year.
The company in March delayed an initial public offering for the trucks unit, blaming market conditions, amid rising trade tensions and fears about an uncontrolled exit of Britain from the European Union. “Current market assessments have encouraged us to take today’s decision,” Volkswagen finance chief Frank Witter said in a statement.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Apple shares drop 7% this week on fears China trade turmoil threatens iPhone growth plansApple shares have slid steadily amid tumultuous U.S. trade negotiations with China, as investors fear CEO Tim Cook's warning earlier this year about iPhone sales in China may yet come true.
Weiterlesen »
Volkswagen resumes preparations for truck unit IPOVolkswagen said on Monday it would resume preparations for an initial public off...
Weiterlesen »
Weekly mortgage applications rise 2.7% in a strong week for homebuyersAfter pulling back for several weeks, homebuyers stepped back into the mortgage market last week.
Weiterlesen »
European stocks drop as China ups stakes in trade war with U.S.European stocks continued their decline on Monday, on the heels of this year&03...
Weiterlesen »
Volkswagen set to announce battery production plans: sourcesVolkswagen's supervisory board is on the brink of announcing the automaker&...
Weiterlesen »
Stocks claw back early losses as trade tensions escalate; S&P, Nasdaq see worst week of 2019Stocks clawed back early losses to end mostly higher Friday, but the S&P 500 and Nasdaq Composite still suffered the biggest weekly declines of 2019 as...
Weiterlesen »
Dow drops 470 points on growing trade-war threat, biggest decline since early JanuaryThe Dow closed down about 470 points for its worst day since January 3 on the growing threat of a trade war. It plunged as much as 648 points at its low of the day. All 30 Dow components and all 11 S&P 500 sectors closed in the red.
Weiterlesen »
Thyssenkrupp junks split plan after investor pressure, to list elevatorsThyssenkrupp abandoned plans to hive off its steel business and split up the res...
Weiterlesen »
Thyssenkrupp rips up failed split plan, to list elevators in fresh revampThyssenkrupp said it would embark on a fresh restructuring and list elevators, i...
Weiterlesen »
European shares bounce from six week lows on hopes of a trade dealEuropean shares rallied on Friday, recovering slightly from six week lows as inv...
Weiterlesen »
China shares, yuan rise on hopes for last-minute trade dealChinese shares and the yuan strengthened on Friday on signs Beijing and Washingt...
Weiterlesen »