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The shares benefited after Mittal ...
The shares benefited after Mittal Steel Co. proposed returning cash to shareholders, according to Thomas Nagel, a trader at Equinet Securities AG in Frankfurt.
Thomas Nagel, equity trader ...
Thomas Nagel, equity trader at Equinet, said: "The stock is at times below the previous day's low at 20.00 Euro and thus has fallen Stop-loss triggered sales.
The bank, which sold 5.9 percent ...
The bank, which sold 5.9 percent of its shares in July 2006, said in January it may sell further stakes to private-equity firms. ''Deutsche Post are boosted by the rumor Apax and UPS might bid 28 euros a share for about 30 percent in the company,'' said Thomas Nagel, a trader at Equinet AG in Frankfurt. ''There has also been talk the shares might get suspended later due to newsflow concerning the KfW stake.'' Nicole Mommsen, a spokeswoman for Deutsche Post in Bonn, and Alexander Mohanty, a spokesman for KfW in Frankfurt, declined to comment today.
"Investors will slowly start to realize ...
"Investors will slowly start to realize at what prices companies included in the German benchmark DAX Index are being given away these days," said Thomas Nagel, a trader at Equinet in Frankfurt.
But Thomas Nagel of ...
But Thomas Nagel of investment bank Equinet warned that the Dax could again suffer a sharp fall, noting that its rise in recent weeks had come with no solid sign of recovery in the broader economy.