Paper brand Navigator shares plummet 18%
Navigator, which makes premium office paper for photocopying and stationery, has seen its shares plunge by 18% — the worst performance ever. The Portuguese paper producers fall on the stock [...]
BPI goes from loss to €366 million profit
Portuguese bank BPI has gone from losses to a profit of €366.1 million in the first quarter of 2018 partly thanks to asset selloffs. The Spanish-owned bank, led by Pablo Forero, had registered a [...]
BPI Portugal’s best bank, says Euromoney
Portuguese bank BPI has knocked Santander Totta off its top spot as Portugal’s best bank according to the international banking and finance magazine Euromoney. The bank has been recognised for [...]
BPI shareholders approve stock market exit
Shareholders at bank BPI have voted for the bank’s exit from Lisbon’s Stock Market. The once Portuguese-owned bank, now in Spanish hands and led by Pablo Forero is leaving the PSI-20 32 years [...]
BPI to leave Lisbon stock market
Spain’s CaixaBank, which owns 90% of Portuguese bank BPI, could take the bank off the Lisbon Stock Market. CaixaBank purchased 8.4% of BPI shares from the Allianz Group and now hold 92.93% [...]
BPI shares gain 7% as bank goes into profit
Portuguese bank BPI saw its shares gain 7% to €1.24 per share after the bank reported profits of €210 million in Q1. The bank, headed by Pablo Forero, is seeing its shares trading at their [...]
Alentejo oil prospection continues
The Portuguese government is to continue to let a joint Italian-Portuguese consortium drill exploratory wells off the breathtaking Costa Vicentina on the Alentejo coast despite opposition from [...]
