European Union

Vault Door

As European Bank ADSs Tank, What About Their Dividends?

Thursday was a day dominated by European bank weakness based on balance sheet concerns and profitability concerns. After all, negative interest rates on deposits with the European Central Bank can ...
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ECB

Eurozone PMI Slows

According to research firm Markit, eurozone PMI growth slowed to a four-month low, another sign the economies in major nations face challenges. The research firm reported: The eurozone economy made ...
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Volkswagen Jetta

Ford, Chrysler European Sales Rose Sharply in 2015

The European Automobile Manufacturers Association (ACEA) reported that new vehicle registrations in the European Union rose 9.3% in 2015 and were up 16.6% year over year in December. For the ...
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FTSE Down 2.9%, DAX Off 2.6%, CAC 40 Down 3.1%

Stock indices collapse across Europe after China fall S&P futures down 2.7% ...
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Greek fishing boats

Greek Unemployment Rate Still Near 25%

Eurostat has released unemployment rates for the European Union for October. On a seasonally adjusted basis, the level was 10.7%, down slightly from 10.8% in September. Greece's jobless rate is nowhere ...
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ThinkstockPhotos-464976707

Why Amgen’s Future Is Looking Bright

Amgen Inc. (NASDAQ: AMGN) is slowly getting closer to an U.S. Food and Drug Administration (FDA) final decision for its first-of-a-kind cancer therapy, talimogene laherparepvec (T-Vec). The final decision will ...
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VW Passat TDI 2015

VW Recalls More Than Double Its Annual EU Sales

In 2014, Volkswagen sold 10,217 vehicles worldwide, of which 3.28 million were sold in Europe. Thursday the company said it is recalling a total of 8.5 million vehicles in 28 ...
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Mercedes_Benz

Mercedes Hit by Diesel Emissions

Diesel cars made by Mercedes-Benz produced an average of 2.2 times more nitrogen oxide emissions than the official Euro 5 standard and 5.0 times higher than the newer Euro 6 ...
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generic drugs

Dyax Wins Positive Opinion for European Orphan Designation

Despite taking a slight hit from the collapse within the health care sector in the past quarter, Dyax Corp. (NASDAQ: DYAX) is still up significantly over the past year and ...
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Volkswagen Golf 2015

Ford, GM European Sales Rise in August

The European Automobile Manufacturers Association (ACEA) reported that new vehicle registrations in the European Union rose 11.2% year over year in August and were up 8.6% for the year to ...
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ThinkstockPhotos-474312328

PIIGS ETFs and Greek ADS Respond to Athens Reopening Stock Exchange

Greece is back as a financial market again. Well, sort of. The nation finally allowed its stock market to open back up after an unheard of five-week trading halt. Needless ...
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Crumbling Greek flag with euro

Is Reopening Greek Banks Actually Bad News?

If you have been watching the global financial news during any point of the past month, chances are high that the coverage of Greece may have become more than just overwhelming. ...
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Crumbling Greek flag with euro

Varoufakis Exit May Ultimately Help Greek Banks

The financial media might have the public tricked into believing that Greece's "no" vote is the end of the euro, but 2015 is a far different year than say 2010. ...
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jail

The Fallout of Greek Shame

OK, so the news out of Greece is about as bad as one can get, short of military involvement. The financial markets are in turmoil, after somehow actually having been ...
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European Stocks Down Almost 4% on Greek Panic

Banks did not open in Greece, although probably every Greek citizen would have taken his money and run. It appears there will be no deal on Greek debt with the ...
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