The European statistics office Eurostat has produced its second estimate of gross domestic product for the second quarter. Accordingly, GDP declined in the euro area (EA16)

from the previous quarter by 0.2 percent across the European Union (EU27) by 0.3 percent. In the first quarter of 2009, GDP had shrunk by 2.5 or even 2.4 percent. In addition, the orders of the German industry in August from the previous month by 1.4 percent and thus are stronger than expected increase. According to the Federal Ministry of Economics has recently been the strong growth of external demand by 4.6 percent decisive. Domestic orders declined after a sharp rise in the previous month by 1.9 percent.

The continuing dollar weakness and higher commodity prices in this context as well as hopes for a speedy economic recovery on Wall Street have bestowed on the eve of big profits. Meanwhile, the U.S. futures show the hour still no clear trend. Currently, the Dow Jones futures indicate 0.07 percent and the S & P from 500 futures also 0.07 percent. The NASDAQ 100 Future lays the other hand, to 0.04 percent. According to U.S. market close will usher in the aluminum producer Alcoa traditionally the reporting season.

The commercial vehicle and engineering group MAN has received from the competent authorities the green light for a stake in the Hong Kong-based commercial vehicle manufacturer Sinotruk. During the middle of July this year agreed transaction, MAN will be a 25 percent plus one share directly on China’s leading manufacturers of heavy trucks. Overall, this MAN cost 560 million euros. With an increase of 1.8 percent of MAN are among the top favorites. Even better, it runs only for Commerzbank (+2.9 percent) and K + S (Xetra: 716200 – news) (+2.5 percent).

For the suppliers, E. ON (-1.1 percent) and RWE (Xetra: 703,712 – News) (+0.2 percent), meanwhile, provides a press furore, alleging that North Rhine-Westphalia’s Left Party, with the aim of a “radical policy change “will go into the Landtagswahlkampf 2010th A key demand was the key areas of de-privatization of public utilities. Topping the list are nationalized according to the report were the two utilities. The technology group Siemens announced that the European Commission in its decision on the so-called transformer from an antitrust fine against Siemens (Xetra: 723610 – news refrained). There were indications that the company had significantly contributed to the discovery of this cartel, and could thereby obtain the Kronzeugenstatus. Siemens announce the hour off easily.

For titles of the car maker BMW is proposing a decrease of 1.6 percent to book. In the Group was able to demonstrate the first time in September this year, a slight sales gains. A total of 122,354 models of BMW, MINI and Rolls-Royce cars were sold, representing an increase over the same period last year of 0.7 percent. At the end slump METRO DAX (Xetra: 725,750 – News) of just 3 per cent. Hier belastet eine Meldung, wonach die Otto Beisheim-Gruppe ihre Beteiligung an dem Einzelhandelskonzern reduziert hat. Thus, the Otto Beisheim 5.2 percent of the METRO Group has successfully placed the shares from its investment assets in national and international institutional investors in the market. In the context of hedging transactions, the Otto Beisheim group had the option of a further 3.1 percent of the METRO shares to sell to the protection provider. Declare themselves to be considering a stake of around 10 percent of the retail group as a strategically sensible and sufficient.

LEONI (Xetra: 540888 – news) put on the MDAX (Xetra: news) by nearly 3 percent before. The specialist for wire, cable and wiring systems, the planned placement of 2,933,499 treasury shares closed completely and successfully. This corresponds to 9.88 per cent each. The gross proceeds amounted to around 42.5 million euros. EADS (EAD.NX – news) gain next 2 percent. The Aerospace Group announced on Tuesday that Astrium and the development of Kazakhstan’s space program, state-owned JSC NC Kazakhstan Gharysh Sapary (KGS) in charge of their partnership have achieved another important objective. There were indications that KGS and Astrium have a contract for two Earth observation satellites and the founding documents for a new joint venture to build a site for assembly, integration and test tasks agreed upon in Astana.

Title win comdirect bank in the SDAX (Xetra: news) 1.4 percent. The online broker had to show in September compared to the previous month, a decline in the number of securities orders. It also decreased the total number of customers and the number of security deposits. Other hand, grew total assets managed clients. Title of Hypo Real Estate (Xetra: 802770 – news) put on 0.7 percent. After it was decided at the Extraordinary General Meeting of the real estate to exclude existing shareholders, the stock no longer meets the free-float criteria of the framework of the Deutsche Börse (Xetra: 581005 – news) to remain in the index. There were indications that is now HORNBACH HOLDING (Xetra: 608,343 – News) (+3.4 percent included) in the SDAX. The change would be the 9th Take effect in October.

The Nasdaq sting Conergy (Xetra: 604002 – news), with an increase of more than 11 percent of the eye. According to press reports, the U.S. Group, MEMC has withdrawn its lawsuit against the solar company. The Americans had Conergy sued in August to meet a delivery while requiring an advance of 51.15 million U.S. dollars and a guarantee of 119 million U.S. dollars, it said. connect to freenet hour on the spot. The Group has the adm Group with a contract for the purchase of freenet Customer Care Ltd. (FCC) is closed. There were indications that the business of the FCC will continue as a call center service providers in the telecommunications industry, at current levels through the adm group. Über den Kaufpreis sei Stillschweigen vereinbart worden. Pfeiffer Vacuum (Xetra: 691,660 – news) index lost at the end of just over 2 percent.