‘News’ Categoría

saab_10804_148410_v2Stockholm (Revista E) - Saab’s order bookings for the first nine months of 2009 amounted to SEK 11,381 (approx. US$ 1,654) million compared to SEK 16,050 (approx. US$ 2,332) million during the same period last year. Sales increased by 8 percent to SEK 16,879 (approx. US$ 2,453) million, an increase of 9 percent adjusted for divestments and exchange rate effects.

untitled-15Madrid (AGENCIES) - SAP’s Spanish edition World Tour 2009 will start tomorrow, on September 24, inside the fair SIMO Network. An event that is celebrated in more than 70 cities and 50 countries of the whole world, and that in the last years it has congregated to more than 240.000 assistants.

The professional character of the fair has led SAP to realizing a strong bet in this SIMO’s new edition. The company has taken part with an important unfolding in a clear bet for the transparency and the innovation, across an offer of solutions which the companies can act with agility, responsibility and clarity.

In the event the company has been present with 18 partners of the area of the small and medium company, they are celebrated near 20 meetings in which Spanish companies of different sizes and sectors explain how CRM has helped SAP’s solutions to improve his business, and 11 meetings products, where Business Intelligence has appeared the advances and technological innovations in environments of mobility, microvertical, and his offer completes for the segment of the small and medium company. In addition, SAP has taken part in the Program of Conferences, organized by the Instituto de Empresa, with his intervention in the round tables on Cloud Computing and mobility in the small and medium company.

The economic world crisis has led to the company to presenting an offer of solutions that help to the companies to be more transparent, at the time that it has introduced changes in his own management to achieve this aim.

P.A. (Revista E) - Pittsburgh prepares to welcome the global leaders attending the G-20 Economic Summit (Sept. 24-25) and the international media. Stuart Hoffman, Ph.D., chief economist at The PNC Financial Services Group, Inc., shares his insight about this prestigious gathering and the transformation of Pittsburgh’s economy from its industrial past to its leading role today in technology, healthcare and more.

The Japanese manufacturer of vehicles Toyota Motor announced today that between April and June it lost 77.800 millions of yenes (568 million Euros) and, though district attorney waits for red numbers for all the year round, improved his sales forecasts and results.

In the same period of the previous year, the first world manufacturer had a net profit of 353.660 millions of yenes (2.583 million Euros), but in the first quarter of the year, between January and March, it had lost 765.800 millions of yenes (5.590 million Euros).

The first manufacturer of the world said today that the fiscal year 2009, which it finishes in March, 2010, will sell 6,6 million vehicles, opposite to 6,5 millions that it predicted in May, and it will lose 450.000 millions of yenes (3.287 million Euros), opposite to his previous forecast of 550.000 millions of yenes (4.017 million Euros).

Porsche prepares sale of options

Miércoles, Julio 29, 2009

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Stuttgart. Porsche Automobil Holding SE, Stuttgart, is in advanced talks on the sale of the cash settled options with respect to Volkswagen shares to one or several investors. Amongst these investors is especially Qatar Holding LLC (QH) with whom talks about an investment in Porsche SE also is underway.

The preparation for the sale of the options on Volkswagen shares leads to a devaluation resulting in a substantial book capital loss. Nevertheless Porsche improves its liquidity situation through the sale of the options structure as it would lead to an inflow of cash in a magnitude of more than one billion Euro, currently serving as cash collateral for the options structure.

Another non cash relevant book loss derives from the initial full consolidation of Volkswagen group. With the increase of the stake in VW to 50.76 percent on January 5 2009 Porsche was obliged to fully consolidate Volkswagen. This triggered a so called Purchase Price Allocation (PPA) under which all assets and liabilities of the part group Volkswagen had to be valued and compared with the price paid for the shares to get to the companys valuation. This results in a substantial negative impact. Overall the two measures should lead to earnings before taxes for fiscal year 2008/09 of up to minus five billion Euro.

It is important, that the devaluation of the options and the consequences of the PPA are purely accounting related. They do not effect the valuation of the 50.76 percent stake in common shares in Volkswagen AG on Porsches balance sheet.

For Porsche SE the big advantage in the devaluation of the options lies in the improvement of liquidity available. Furthermore the equity ratio after these to steps still is a sound 23 percent.

Microsoft, Yahoo! Change Search Landscape

Mariu
Miércoles, Julio 29, 2009

Global Deal Creates Better Choice for Consumers and Advertisers

SUNNYVALE, CA and REDMOND, WA - 29 July, 2009 - Yahoo! and Microsoft announced an agreement that will improve the Web search experience for users and advertisers, and deliver sustained innovation to the industry. In simple terms, Microsoft will now power Yahoo! search while Yahoo! will become the exclusive worldwide relationship sales force for both companies’ premium search advertisers.

The company obtains an operating profit of 11.600 million yens.

Tokyo, Japan (July 29, 2009) - Nissan Motor Co., Ltd., it(he,she) has announced today a few clear(net) losses after taxes of 16.500 million yens (120 million Euros) in the first quarter of the fiscal year 2009, which it(he,she) finishes on March 31, 2010. In the same period of the past exercise(fiscal year), the company obtained a net profit of 52.800 million yens (400 million Euros).

The clear(net) income fell(fell due) 35,5 % up to 1,51 trillions of yens (11.420 million Euros). Nissan’s operating profit in this period was 11.600 million yens (90 million Euros), which supposes a fall of 85,5 %, whereas the ordinary losses reached 26.100 million yens (200 million Euros).

” 2009 continues being a difficult year, but we are starting obtaining results of the measures applied under the Plan of Recovery “, has assured the President and CEO of Nissan, Carlos Ghosn. ” We are in the path for the obtaining of a cash flow (’ free cash flow ‘) positive for the fiscal year 2009, and we will continue being prudent in our forecasts for the rest of the year “.

Worldwide, Nissan has sold a whole of 723.000 vehicles in the period understood(included) between April and June, 2009, which supposes a fall of 22,8 %, with regard to the same period in 2008. In North America, the sales were 225.000 units, 31,6 % less. In The United States they reached 173.000 units, 31,5 % less on a market that continues falling down. In Japan, the sales were 116.000 units, 21,6 % less. The European sales were 118.000 units, which there supposes 24,6 % less. In China, Nissan continues demonstrating a positive trend, with an increase of the sales of 9,3 % up to reaching 145.000 units. The sales in the rest of markets fell(fell due) 29,8 % with a volume of 119.000 units.

During the first quarter there took place(was produced) the launch(throwing) of three new products: Pixo, in Europe; NV200, in Japan; and G37 convertible, in The United States. In the fiscal year 2009, Nissan expects to throw(launch) a whole of eight new vehicles.

” In spite of the financial and economic global crisis, Nissan is on the verge of initiating a new stage of growth and innovation “, has added Ghosn. ” In August we will move ours sedate head office(plant) to Yokohama’s new facilities. After 40 years we will celebrate the return to the place of Nissan’s origin. In addition, also we will reveal the new electrical vehicle that reflects our vision of a mobility of emission(issues) zero to global scale “.

Nissan’s forecasts follow(continue) without changes for the fiscal year 2009, with a few operative losses of 100.000 millions of yenes, (800 million Euros) and a few clear(net) losses of 170.000 million yens, (1.360 million Euros).