MADRID
Spanish construction company Fomento de Construcciones y Contratas SA
says it will suspend a dividend on this year's earnings to reinforce its balance
sheet and reduce debt
"In the current economic and financial context, several factors are causing a
contraction of the resources generated by FCC Group and the need of assuming
losses, as a result of a cleaning up of some assets," the company said in a
press release
By halting its dividend, FCC said it also expects to reinforce its core
businesses, while speeding up the sale of non-core assets
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
sábado, 22 de diciembre de 2012
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