News Headline Summary
Porsche (PAH3 GY) expects 2013 car sales to rise from 2012 level
- Expects 2013 operating profit to at least match 2012.
- Says European car market remains tough.
- Co. shares move 0.53% higher in immediate reaction to the news from EUR 64.11 to EUR 64.45.
- In the minutes following the news shares retraced the move higher after the comment that the European car market remains tough.
15:14, 11 Jan 2013 -
16:32, 11 Jan 2013
European Equities Close (Prelim): FTSE +0.20%, DAX +0.06%, CAC -0.01%, Eurostoxx +0.29%, FTSE MIB +0.23%, IBEX +0.55%, SMI +0.68%
13:40, 11 Jan 2013
Porsche (PAH3 GY) CEOsays expects to at least match 2012 record operating profit in 2013
11:30, 11 Jan 2013
MorphoSys (MOR GY) confirms three drugs partnered with Novartis (NOVN VX)
08:32, 11 Jan 2013
Hugo Boss (BOSS GY) CFO says wants to outperform luxury market growth of up to 6% in 2013
16:32, 10 Jan 2013
European Equities Close (Prelim): FTSE -0.01%, DAX -0.20%, CAC -0.46%, Eurostoxx +0.01%, FTSE MIB +0.58%, IBEX +0.12%, SMI -0.10%
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