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Stock Market & Financial Investment News

News Breaks
October 17, 2012
08:28 EDTPEUGYFrance, banks prepare rescue for Peugeot's finance arm, Economic Times reports
The French government and a number of banks are preparing a rescue for Banque PSA Finance, the credit arm of PSA Peugeot Citroen (PEUGY), according to Le Figaro newspaper, reports the Economic Times. The newspaper account says that for two weeks the finance ministry and the Treasury had been carrying out "intense negotiations" with banks in France in view of a rescue. Reference Link
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May 17, 2013
07:39 EDTPEUGYEU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link

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