European shares slip; Wienerberger, Carlsberg drop after results "European bank stocks need to pick up for the rest of the European market to push on higher again," said Clairinvest fund manager Ion-Marc Valahu. * STOXX 600 falls, stalling after hitting 7-week highs * Wienerberger and Carlsberg fall after results * European stocks underperform U.S. equity [...]
Travel stocks fall after France attack, weigh on European shares "I don't hold any of the European travel stocks. There's too much competition and margins are low," said Clairinvest fund manager Ion-Marc Valahu. * Travel stocks fall after attack in French city of Nice * Swatch shares slump after profit warning * Richemont shares also [...]
European stocks lifted by gains in steelmakers and banks "I'm still 'long' on the market and I bought up a position on the euro zone bank index," said Clairinvest fund manager Ion-Marc Valahu. "There are problems with non-performing loans for sure, but we're not looking at a 2007/2008 banking crisis. The banks still have access [...]
European stocks lifted by gains in steelmakers and banks. "I'm still 'long' on the market and I bought up a position on the euro zone bank index," said Clairinvest fund manager Ion-Marc Valahu. "There are problems with non-performing loans for sure, but we're not looking at a 2007/2008 banking crisis. The banks still have access [...]
Price of Safety Surges in Swiss Stocks as Old Haven Awakens 2016-07-06 08:09:58.159 GMT “There’s a big flight to quality, people prefer to put their money in Switzerland and be secure,” Valahu said from Geneva. He kept his Swiss stocks through the initial selloff. “The SNB intervention helped a bit, and Swiss companies do [...]
European shares up for first time in three days after Brexit battering Clairinvest fund manager Ion-Marc Valahu said one factor helping to calm investors were signs there was no rush among British and European politicians to trigger the "Article 50" process that starts mechanisms for a state to leave the EU. "Given the magnitude of [...]
