News: Akzo Nobel NV (AKZOY.PK)

AKZOY.PK on OTC Markets Group

25.05USD
23 Apr 2014
Price Change (% chg)

$-0.27 (-1.07%)
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Thu, Apr 17 2014

European shares fall as strong euro, China weakness hits earnings

* FTSEurofirst 300 falls 0.3 pct, Euro STOXX 50 down 0.4 pct

REFILE-UPDATE 2-AkzoNobel blames currency effects for weak earnings

AMSTERDAM, April 17 - Dutch paints and chemicals maker AkzoNobel blamed adverse currency effects for lower than expected earnings on Thursday, but said it was on course to meet its 2015 targets in a fragile economic environment.

BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET

FRANKFURT - Jens Weidmann presents a "kinder, gentler" Bundesbank as he opens up to the possibility of asset purchases to head off deflation, but underpinning his position is a firm logic based on both principles and pragmatism. (ECB-BUNDESBANK/WEIDMANN (INSIGHT), expect by 1200 GMT/8 AM ET, by Paul Carrel, 1,300 words)

CVC set to sell ink maker, Flint, to Koch, Goldman: sources

FRANKFURT - Private equity firm CVC Capital Partners Ltd is in advanced talks to sell its printing-ink maker, Flint Group, to Koch Industries and Goldman Sachs Group's private equity arm, two people familiar with the transaction said on Tuesday.

Earnings, technical factors help European shares rebound

LONDON, Feb 6 - European equities bounced back from oversold technical levels on Thursday after a sharp two-week drop, with reassuring earnings from major companies Alcatel-Lucent and AkzoNobel boosting their shares.

European shares bounce back, get earnings boost

LONDON, Feb 6 - European equities climbed higher in cautious trading ahead of rate decisions by central banks on Thursday, with reassuring earnings results from major companies such as Alcatel-Lucent and AkzoNobel boosting their shares.

BRIEF-AkzoNobel Q4 EBITDA ahead of estimates

AMSTERDAM, Feb 6 - Akzo Nobel NV : * Akzonobel publishes Q4 and full-year 2013 results * Says revenue for both Q4 and full year down 5 percent * Q4 revenue 3.482 billion euros (Reuters av forecast 3.512 billion euros) * Will continue to significantly restructure businesses in 2014 to reduce cost base further * Q4 EBITDA 208 million euros (Reuters av forecast 197 million euros) * Says on track to deliver on its 2015 targets of ROS at 9.0 percent and ROI at 14.0 percent * Says dec

BRIEF-Akzo Nobel to purchase annuities for US pension obligations

AMSTERDAM, Dec 18 - Akzo Nobel NV : * Says AkzoNobel to purchase annuities for US pension obligations * Annuity purchase is expected to reduce AkzoNobel's US pension obligations by about $655 million * Says to recognise premium payable to MetLife, maintain pre-transaction funded status, have paid $170 million to pension plan * Says annuity purchase will cover around 9,400 US retirees and beneficiaries who retired prior to October 2013 * Says payment administration for pension bene

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