Monday, 25 July 2011

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Net sales throughout the fourth quarter 2010 amounted to SEK 1,383 M (1,011) - a boost of 37 percent. Shipped tonnage rose by 21 percent as well as the average sales price by 13 percent.The operating result to the quarter improved by SEK 25 M to the loss in SEK 8 M (negative 33) and underlying EBITA amounted to SEK 11 M (9).To be a further component of BE Group's way to make progress from the value chain, Lecor St?lteknik was acquired in October. ? Roger Johansson was crowned the new President of BE Group effective from January 1, 2011.Obama of BE Group, Roger Johansson, made this comments to the Louis Vuitton Petit Messager Terre M93617 Fashion Bags Louis Vuitton Bagsreport with the fourth quarter of 2010: "In a final quarter of the season, BE Group experienced weaker demand than expected. Apart from the seasonal downturn, this really is mainly explained using a declining price trend coupled with an unfavorable sales mix. This resulted in an unsatisfactory margin to the fourth quarter. Through the quarter, clearly there was some uncertainty about the future steel price trend. However, with purchasing prices having risen at the beginning of 2011, so have BE Group's sales prices. As a result, we are raising our prices in the first quarter.
The integration of your acquired company Lecor St?lteknik in Kung?lv, Sweden, has progressed as planned plus the operations has a favorable impact on the results of economic Area Sweden. In the fourth quarter, a conclusion is made to shell out SEK 36 M inside a new production facility in Kung?lv. Throughout the quarter, investments totaling SEK 14 M were also approved to the facility in Lahti, Finland. The point is to further strengthen the Group's offering in advanced production services. Since the start 2011, we have now noted a certain surge in demand. Combined with the increases in steel prices indicated for the first half the year, this means that an increasingly favorable market climate, which will benefit BE Group."Consolidation of your world's stock exchanges has gathered pace with two more merger announcements. On Wednesday, pet owners in the London and Toronto stock markets agreed a "merger of equals", and, shortly afterwards, Deutsche B?rse (DB) and NYSE Euronext confirmed promises to amalgamate.The modern developments are component of a trend to consolidate industry by storm growing competition from small trading ventures (which might be gaining from advances in technology) through the opportunities made available from tighter international regulations.Exchanges anticipate to really benefit from new rules (such as the Dodd-Frank act in the US) that happen to be forcing derivative products (off-exchange financial instruments) onto exchanges, where they usually are more easily monitored.A while back, Russia's top exchanges, Louis Vuitton Zippy Wallet Tanami M95871 Fashion Purses Louis Vuitton Purses Micex Group and RTS, said they planned to merge. A short public offering is anticipated in Moscow throughout the lover of 2012.
In late December, Kansas-based trading platform BATS Global Markets announced takeover talks with the pan-European platform Chi-X Europe. In October, Singapore Exchange Ltd announced a US$8.3 billion offer for the Australian Securities Exchange.The sale between London and Toronto will probably provide the greatest affect mining companies. The enlarged transatlantic group would be the largest on the globe in terms of the amount of listings (over 6,700 companies, having an aggregate market capitalisation of almost US$6,000 billion) and turn into the cutting edge exchange for natural resources, mining as well as companies.
Ernst Young's global head of mining and metals, Michael Lynch-Bell, described the announcement as "very welcome news". He noted
which the Toronto Stock market (TSX) has typically attracted start-up and exploration companies, whereas the London Stock trading game (LSE), with admission to far deeper pools of capital, has been the focus for developed and diversified businesses. "A merger of these premier markets would bring together two complimentary platforms, widening mining companies' admission to capital."
The London
Currency markets Group plc (LSEG) is valued at over US$3.6 billion. Along with the LSE, it operates an italian man , stock market Borsa Italiana and has a stake in FTSE International Ltd, which manages over 100,000 equity, bond portable crusher and hedge fund indexes. Revenue really was ?633 million (US$1.02 billion).The TSX is operated by TMX Group Inc, that's valued merely under US$3.0 billion. Furthermore, it operates the TSX Venture Exchange, the Montreal Exchange along with the Propane Exchange. TMX also owns Shorcan Brokers Ltd (a small income inter-dealer broker), Equicom (a venture capitalist relations subsidiary) and has now a majority stake inside the Boston Options Exchange. Revenue this year was C$626 million (US$629 million).The main executive of TMX, Thomas Kloet, is going to be president on the LSEG-TMX group, while using the CEO of LSEG, Xavier Rolet, becoming the newest CEO. In a joint pr release, both companies said "Canadian customers may benefit from access to among the world's deepest capital pools, while European issuers can have an effective gateway to Usa financial markets".Below the the agreement, TMX shareholders would receive almost three LSEG ordinary shares for every single TMX share. LSEG shareholders will emerge with 55% on the enlarged group, with TMX shareholders holding 45%.
LSEG-TMX is targeting additional revenue of ?35 million (US$56 million) within
a couple of years, growing to ?100 million in annual revenue benefits within 5 years. This may come from a variety of sources, including "facilitation of portable crusher cross-listings and admissions for customers (controlled by regulatory approval), the wider accessibility to services and products through the merged group's enhanced distribution and footprint, and the advancement of new items.Both the companies envisaged annual cost synergies of fewer than US$60 million right at the end of the season two. (As opposed, the mooted DB-NYSE amalgamation envisaged annual price savings well over US$400 million.)The board on the merged LSEG-TMX group will include things like 15 directors, with eight being nominated by LSEG (which often it can be envisaged three might be from Borsa Italiana) and seven to get nominated by TMXAlthough portable crusher few benefits are anticipated to emerge for listed mining companies within the short term, it really is expected which the amalgamation will in the end ease dual listing in Toronto and London.portable crusher

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