Equity

PHI Group, Inc., a company focused on energy and natural resources, announced that it has signed an agreement to acquire a 51% equity interest in Vietnam-Hungary Technological Application Joint Stock Company... 

Bayerische Landesbank posted EUR 334 million pre-tax profit and EUR 65 million after-tax profit in 2011. The bank’s results were greatly diminished by a EUR 576 million write-down of the book value... 

Hungarian drugs marker Egis has announced on Friday that the influence of U.S.-based Tradewinds Global Investors in the company dropped to below 10%. Tradewinds is a U.S.-based investment fund management... 

Raiffeisen has increased its 12-month target price on Hungary’s Magyar Telekom to HUF 615 per share from HUF 590 due to an assumed lower equity market risk premium for Hungary. At the same time... 

Hungary failing to strike a deal with the International Monetary Fund (IMF) on a credit facility would raise the risk of the government extending special industry taxes, said Zsolt Hernádi, Chairman-CEO... 

Hungarian electricity providers ELMŰ and Émász are to pay the same dividend this year than in 2011, the proposal of their respective Boards for the annual general meeting show. ELMŰ is to pay HUF 1,700... 

Hungary’s Egis Pharmaceuticals announced that, in line with AstraZeneca’s request, the court added Egis as a defendant in the patent litigation between plaintiff AstraZeneca and defendant Watson... 

Maseltov Ltd., the largest shareholder of Germany's Praktiker Group, one of the leading do-it-yourself centre operators in Europe, wants the company to withdraw from the eastern European market, the Financial... 

Bucharest’s Court of Appeal has rejected a claim by the Romanian unit of Hungarian fuels group MOL, Rompetrol Downstream and ENI Romania, in which they requested the cancellation of a record fine... 

The Board of Hungarian oil and gas group MOL has proposed dividends of HUF 45 billion from 2011 earnings. This is the first dividend after three years, but Deutsche Bank is not entirely content with it... 

Deutsche Bank has revised its valuation model for Richter and slashed its target price for the Hungarian drugs producer to HUF 40,000 from HUF 44,000 previously. However, it maintained its ‘Hold’... 

The Board of Directors of Hungarian fuels group MOL has published what recommendations it will make to the company’s annual general meeting on 26 April. The document shows that MOL is to pay HUF... 

Albany Molecular Research Inc (AMRI), a global contract services organization with services spanning the entire R&D continuum, has said it will close its Budapest, Hungary facility, effective 30 March... 

The European Commission will on Thursday refer Hungary to the European Court of Justice over its special telecommunications sector tax, as the country's tense relationship with Brussels comes under further... 

Hungary’s OTP Bank could face more severe macro environment pressures in Hungary and Ukraine. The main risks in Hungary’s eastern neighbour is currency devaluation, while a potentially negative... 

Wood & Co. has on Wednesday raised its target price for Hungary’s MOL to HUF 23,300 per share from HUF 22,950, while it reiterated its ‘Buy’ rating for the oil stock. “On top... 

Aegis Group plc, the world's leading, focused media and digital communications group, has announced on Wednesday that it has acquired the Hungarian Out-of-Home agency PPI Central Europe Ltd . PPI will... 

(Adds Portfolio.hu viewpoint, charts) Now the administrative decision closing the auction for spectrum related to the provision of mobile telecommunications services in the 900 MHz frequency band became... 

While ING’s analysts maintained their ‘Buy’ rating on Austrian fuels group OMV, Citigroup has kept is ‘Sell’ tag on the stocks. The common move they have made was to raise... 

Following co-operation spanning over more than a decade, John Deere has once again contracted Hungarian automotive group Rába to develop the axles for one of its top-category products, the 560-horsepower...