- The Fiat-Chrysler Group announced first half net profits of 435 million euros
The Fiat-Chrysler Group announced on Tuesday first half net profits of 435 million euros, up from 239 million euros in the first six months of 2012. The company confirmed targets for 2013: turnover should come in between 88 and 92 billion euros and trading profit at 4 to 4.5 billion euros.
- Barclays plans to raise 5.8 billion pounds.
Barclays plans to raise 5.8 billion pounds ($8.9 billion) in a rights offering to bolster capital as it booked its biggest charge to date for customer compensation.
- Yields fell on the Italian Treasury's issue
Yields fell on the Italian Treasury's issue of three billion euros in five-year bonds on Tuesday. The average yield was 3.22%, down from 3.47% at the bond issue in June.
- Italian Treasury issued 3.75 billion euros of 10-year bonds
The Italian Treasury on Tuesday issued 3.75 billion euros of 10-year bonds expiring March 2024 with a fixed interest rate of 4.50%. The yield fell to 4.46% from 4.55% at the last bond issue in June.