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ECB Maintains Its Hawkish Stance

Posted on May 16, 2008

In the newspapers, the FinancialTimes wrote overnight that Energias de Portugal [EDP.PO] plans to pursue an IPO for up to 25% itsrenewable energy unit. According to the FinancialTimes Deutschland Deutsche Bahn [DBHN.GE]plans to sell its 18% stake in Arcor to Vodafone (VOD) for about 330M. The FinancialTimes wrote overnight that Blackstone Group (BX) may seek to invest indistressed commercial properties.In energy newsovernight, Venezuelan President Chavez says that oil markets are well supplied,noting that the country does not have plans to nationalize any more companies.Chavez added tha...

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futures , ipo , markets , oil , oil price , trading
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