VW skyrockets on Porsche stake increase.
Source: http://stockweb.blogspot.com/2008/10/vw-skyrockets-on-porsche-stake-increase.htmlPosted on Monday, October 27th, 2008 | In Stocks to Watch
Contributed by: Vlada Kynsky (http://stockweb.blogspot.com/) -
This is not picture of the year-on-year change. It is just 1 day return on German Stock Exchange. Last DAX30 component Volkswagen (VLKAY) but far the best performing. Shares skyrocket after Porsche (POAHF) announced aim to increase direct equity stake to over 50 percent. Currently company owns 42.6% and options for another 31.5%.
Last 5 posts by Vlada Kynsky
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 About Vlada Kynsky (http://stockweb.blogspot.com/)
Vlada Kynsky studied economics and gained work experience as SAP analyst in information technology. His origin is in Czech Republic but due to different work assignments lived in many European countries. He explores mainly emerging markets. In his research he focuses on ETF and international stocks. Another area of interest are technology stocks. |
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