News Headline Summary

Continental (CON GY) CFO says negotiations with banks on refinancing are close to conclusion

Says:
- Company sees no need to cut working hours in Europe currently.
- Winter tyre sales increased slightly through December despite market decline by about 10%.

Reaction details (20:48)

- Co. shares move 0.67% lower in immediate reaction to the news from EUR 85.28 to EUR 84.67.

14 Jan 2013 - 20:46 - Equities - Source: Newswires

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