LafargeHolcim Swings to Loss on Impairment Charges, LSE Net Jumps

4:00 PM Frankfurt – Essentra health and personal care packaging division woes continue. LafargeHolcim swings to loss after the cement maker writes down assets. LSE profit surges on record volume in its clearing business. Mondi profit jumped on 7% increase in revenues. Spire Healthcare net plunged 69%.

European Markets Extend Gains, Tullow Cuts 2016 Capex

4:00 PM Frankfurt – European sentiment rebounded and investor sought comfort in the latest international trade data from China. Barratt said home completion in six months to December increased 9.4%. U.K. retailer Dunelm blamed the mild winter for the 0.8% drop in sales. Sodexo kept its forecast for 3% revenue growth in 2016.

Costa Rica: The Human Capital Advantage

Interviewing Pilar Madrigal, Costa Rican Investment Promotion Agency. Costa Rica stands out as the only nation in Central and Latin America to have attracted foreign direct investment in manufacturing and services. That distinction seems even more unique, considering that most of this is efficiency-seeking FDI on sectors such as advanced manufacturing, medical devices and services.

Lufthansa Net Surges, Moller-Maersk Struggles As Oil Shipping Revenues Loss

4:00 PM Frankfurt – A.P. Moller-Maersk profit tumbled 43% on 9% decline in revenues. Security services provider G4S said revenues soared 6% to £4.8 billion. Deutsche Lufthansa profit surged 79% but the airline lowered revenues forecast. Hugo Boss net plunged 9%. Smurfit Kappa profit soared 22%.


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