Dax closes in the red after a long downtime

Düsseldorf The leading German index ended a trading day with an involuntary break of 0.4 percent in minus at 12,260 points. After a friendly start, the Xetra trading system had stood still for almost three hours. After the trade interruption, the mood on the German stock market changed. With the restart of trading, the Dax […]

Thyssen-Krupp believes the steel business could merge with Salzgitter

Martina Merz “We trust each other, that’s a good basis for discussions.” (Photo: Reuters) Munich The industrial group Thyssen-Krupp considers a fusion of its steel business with its competitor Salzgitter possible. “Of course, many are interested in a German solution. We have a lot of creative freedom, ”said Thyssen Krupp boss Martina Merz of the“ […]

Dax slips into the red – ThyssenKrupp stock in demand

DAX curve Sustainable relaxation is not yet in sight on the markets. (Photo: dpa) Dusseldorf The Dax puts the car back into gear on day one after the course explosion. On Tuesday morning, the stock market barometer was down 0.2 percent at 11,042 points. The daily high is 11,185 points, just 51 points below the […]

Thyssenkrupp is looking for partners for the steel and marine division

Dusseldorf The corona crisis is forcing the Essen-based industrial group Thyssen-Krupp to adjust its strategy. On Monday, CEO Martina Merz presented the supervisory board with a new concept for the further development of the conglomerate, Thyssen-Krupp announced the evening after the meeting. After the sale of the profitable elevator division, the group wants to concentrate […]

Dax closed 5.7 percent up

DAX recovery: “If there is no second wave of infection, we are through” <![CDATA[[CDATA[]]> Dusseldorf The German stock market continues its trend from last Friday and starts the new trading week with a strong upturn. The Dax closes 5.7 percent with 11,059 points. Last Friday, the index closed 1.2 percent, up 10,465 points. Read on […]

Dax continues to rise – gold price remains on record hunt

DAX curve Sustainable relaxation is not yet in sight on the markets. (Photo: dpa) Dusseldorf The German stock market continues its trend from last Friday and starts the new trading week in a friendly manner. In the first trading hour, the Dax rose 2.5 percent to 10,722 points. Last Friday, the index closed 1.2 percent, […]

Marinewerft Lürssen and German Naval Yards want to merge

Coastal protection boat for Saudi Arabia From the perspective of industry experts, consolidation of the German naval shipyards is overdue. (Photo: dpa) Frankfurt The shipbuilders Lürssen and German Naval Yards want to merge to form the leading shipyard operator on Germany’s coast. Representatives of both companies have signed a preliminary agreement, as the companies announced […]

Selling the elevator division was not worth it

Thyssen-Krupp in Duisburg The corona crisis is ripping the industrial group deep into the red. (Photo: dpa) The shareholders of Thyssen-Krupp voted with their feet on Tuesday. After the industrial group announced a loss of billions for the past half year, the price fell by 18 percent to a good four euros. However, the figures […]

Advent and Cinven are looking for investors for Thyssen-Krupp Elevator

Frankfurt, Dusseldorf After buying the profitable elevator division from Thyssen-Krupp, the financial investors Advent and Cinven are looking for other large investors to participate in the transaction. Financial circles report that it is a matter of billions. The total volume of the transaction is 17.2 billion euros. 1.25 billion come from Thyssen-Krupp itself: With a […]

Dax closes clearly in the red

Experts warn of global economic depression Dusseldorf Investors have to look down again: the Dax closes 3.6 percent lower at 10,466 points on Monday. All 30 values ​​are in the minus. Already on Thursday, the Dax ended its short visit above the 11,000 point mark and closed 2.2 percent lower at 10,862 points at the […]