Rating Update

SRC Research the bank-independent analysts house for Financial and Real Estate stocks today presents a rating update about Marburg-based investment company 3U Holding AG which is listed on Frankfurt Prime Standard.
The company released last week on 31 March its 2010 annual report. The picture was mixed. The net income was clearly above company-s guidance and our expectations at Euro 5.8m and profitted from some positive tax effects. The operating profit was worse than expected. EBITDA c

Impact of the Earthquake and Tsunami in Japan

Impact of the Earthquake and Tsunami in Japan

On March 11th, an unprecedented 9.0 magnitude earthquake, one of the biggest on record hit the north eastern part of Japan. This has devastated many buildings, facilities and houses near the epicenter. The tsunami generated by the earthquake engulfed many cities, villages, houses and people, completely destroying many towns and villages on the Pacific coast.
As we write this letter, we are assessing the extent of damage and the degree of impact caused by the earthquake to our manufactur