Research And Markets Research And Markets

Risk-to-Price Commentary: AP Moller Maersk A/S Aug 10

  • ID: 1723927
  • August 2010
  • Standard & Poors
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  • 3M Co.
  • Atlas Copco AB
  • FirstGroup PLC
  • MAN SE
  • Orkla ASA
  • Rolls-Royce PLC
  • MORE

Growth in Europe's services industry subsided over the past month while manufacturing industry growth weakened more than economists had forecast. The composite purchasing managers index (PMI), compiled by Markit Economics group and released Monday, signals the first signs of slowdown in the eurozone following growth in 2009 and the first half of 2010; this may suggest that the pace of Eurozone recovery has peaked. While the services PMI fell to 55.6 from 55.8 in July, marginally above the market forecast of 55.5, the manufacturing PMI dropped to 55 from 56.7 against expectations of 56.3 and pulled down the composite results. The European equity market displayed a similar trend with a slight decline over the past month (see charts 1 and...

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Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

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- John Deere Capital Corp.
- 3M Co.
- Parker-Hannifin Corp.
- Atlas Copco AB
- BAE Systems PLC
- Finmeccanica SpA
- Volvo Treasury AB
- ABB International Finance Ltd.
- Aeroports de Paris
- ManpowerGroup Inc.
- Iron Mountain Inc.
- Siemens Financieringsmaatschappij N.V.
- PostNL N.V.
- Rolls-Royce PLC
- Metso Corp.
- FirstGroup PLC
- United Parcel Service Inc.
- BRISA Auto-Estradas de Portugal S.A.
- Securitas AB
- Atlantia SpA
- Nexans S.A.
- Tomkins Ltd.
- BRISA Finance B.V.
- Orkla ASA
- Deutsche Post Finance B.V.
- Alstom S.A.
- Wendel
- GE Capital European Funding
- Tomkins Finance Ltd.
- Rentokil Initial PLC
- Adecco International Financial Services B.V.
- HIT Finance B.V.

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