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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

Cotización de las Principales divisas en tiempo real

Cotización de las Principales divisas en tiempo real
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Calendario económico en tiempo real proporcionado por Investing.com España.

jueves, 25 de octubre de 2012

Spanish utility Iberdrola to sell assets, cut jobs

Spanish utility Iberdrola SA on Wednesday announced plans to unload assets and reduce its headcount by 1,200 to help the company weather a contracting economy in its home market and slow growth in other parts of the world
The power company said it would sell up to 5 billion euros ($6.5 billion) of assets to help reduce net debt by nearly 20% to EUR26 billion
The company ruled out a capital increase to achieve its financial goals but said it would slow investment through 2014
Earlier Wednesday, the company said growing international operations helped drive up third-quarter net income 3.6% to 600.2 million euros ($779.8 million) compared with the same period of 2011
An average of estimates in a Factset poll of six analysts forecast third-quarter net income of EUR483 million
Total sales rose 5.4% to EUR8.24 billion in the quarter
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