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27.01.14 08:55 Dow Jones Newswires

PRESS RELEASE: Hypoport AG: EUROPACE generated its first-ever transaction volume in excess of EUR30 billion in 2013.

DGAP-News: Hypoport AG / Key word(s): Quarter Results Hypoport AG: EUROPACE generated its first-ever transaction volume in excess of EUR30 billion in 2013.

27.01.2014 / 08:55

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Volume of transactions in 2013

Berlin, 27 January 2014: The total volume of transactions processed on the EUROPACE financial marketplace in 2013 grew by roughly 9 per cent year on year to EUR31.6 billion. Personal loans, which constitute the smallest product segment, achieved the strongest growth in relative terms (22 per cent). Building finance increased by 13 per cent, underlining the substantial appeal of this product. Mortgage finance, which grew by 7 per cent year on year, once again made the largest contribution to the total volume of transactions in absolute terms. The number of EUROPACE partners rose by roughly 22 per cent over the same period.

'This transaction volume of more than EUR30 billion demonstrates the considerable influence that the EUROPACE financial marketplace and its partners now exert over the German mortgage finance market,' commented Thilo Wiegand, Chief Executive Officer of Europace AG. 'The continued low level of interest rates, our optimised sales processes, and the fact that the number of our partners has risen from 200 to its current level of almost 250 contractual partners have all contributed to this result on an annualised basis.' The latest figures published by the Bundesbank show that the German mortgage finance market overall grew only modestly in 2013. The rising numbers of transactions generated on EUROPACE therefore resulted from the increasing automation of business processes in Germany. The pressure for change triggered by Basel III and Solvency II is considerably enhancing the appeal of a flexible marketplace solution for more and more banks and financial institutions.

Tougher market conditions in the fourth quarter of 2013 meant that EUROPACE's strong performance for the year as a whole was slightly dented in the final three months. Following impressive results in the second and third quarters, the marketplace's growth in mortgage finance products was weaker than in previous quarters owing to persistently sluggish interest rates.

The product segments in detail

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PRESS RELEASE: Hypoport AG: EUROPACE generated its first-ever transaction volume in excess of EUR30 billion in 2013.

Is "strong" losing its strength?

Presidents of both parties have long felt compelled to sum up the state of the union with a descriptive word or two in their State of the Union addresses. Mostly the same word.

For many years now, "strong" has been the go-to adjective.

Here's President Barack Obama a year ago: "Together, we have cleared away the rubble of crisis, and we can say with renewed confidence that the State of the Union is stronger."

In the earlier years, he went with "getting stronger" or just plain "strong."

George W. Bush liked the one-two punch of "confident and strong."

His president-dad, George H.W. Bush, paired up "sound and strong" in 1990.

Bill Clinton in 2000 promoted the union to "the strongest it has ever been."

It wasn't always this way.

Dwight Eisenhower skipped the quick sum-up. With the nation in recession and millions out of work in 1975, Gerald Ford dared suggest all was not well.

Continued here:
A tired tradition? Defining the union in a word

PRESS RELEASE: Tintbright AG: Tintbright AG starts successfully on the Prime Standard of the Frankfurt Stock Exchange

DGAP-News: Tintbright AG / Key word(s): IPO Tintbright AG: Tintbright AG starts successfully on the Prime Standard of the Frankfurt Stock Exchange

27.01.2014 / 17:37

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Tintbright AG starts successfully on the Prime Standard of the Frankfurt Stock Exchange

- First Pricing EUR 12.20

- Free float of around 25.8 percent

- IPO has strategic importance and accelerates expansion

Hamburg, 27 January 2014 - Tintbright AG, the German holding company of a Chinese fabrics manufacturer being active in the Chinese textile industry for almost 20 years, today has been traded for the first time on the Prime Standard at the Frankfurt Stock Exchange. Tintbright thus was the first company to become listed in the Prime Standard in 2014. Due to the high strategic importance for the company, the IPO has been executed in terms of a 'Safe IPO' without a public offering. The free float is around 25.8 percent. The first price for the shares was EUR 12.20. At a satisfying trading volume of about EUR 700 thousand, the share price increased to EUR 15.40 within the first trading hours.

With more than 1.100 employees, Tintbright produces and (post-)processes fabrics. The finished fabrics are premium textile material, increasingly containing different functional properties. The company early on realized the trend in the textile industry towards one-stop-solutions, today being one of very view Chinese companies offering vertically integrated product services to its customers. The diverse customer base of over 550 buyers includes well-known Chinese brand names such as K-boxing, Anta or SeptWolves. Since 2010, Tintbright grew at an average annual growth rate of 13 percent, recording revenues of EUR 122.7 million and a net profit of EUR 19.1 million in fiscal year 2012.

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PRESS RELEASE: Tintbright AG: Tintbright AG starts successfully on the Prime Standard of the Frankfurt Stock Exchange

Ann Coulter #39;Pot causes cancer, alcohol is safer than marijuana, potheads are useless #39;
Ann Coulter promoting prohibitionist lies and propaganda. Cannabis does not cause cancer and Alcohol is not safer then Cannabis!

By: wingedknight

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Ann Coulter 'Pot causes cancer, alcohol is safer than marijuana, potheads are useless' - Video

Deena Jacobs Go #39;s In On Kim Kardashian And Tommy Sotomayor Yet Again
http://realentertainmentnews.com/soncerae-with-jnice-on-the-mic-and-lefty-have-tea-talk/ Deena Jacobs Go #39;s In On Kim Kardashian And Tommy Sotomayor Yet Again...

By: Kareem Williams

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Deena Jacobs Go's In On Kim Kardashian And Tommy Sotomayor Yet Again - Video