The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

22.10.2014 - Heineken sold less beer in Europe

Net profit of the world's largest producer of beer - Heineken in the third quarter fell by 4.8%. The reason for the decrease in of the indicator have become weak sales in Europe due to bad weather. This fact has led to a decrease in global sales despite the growth in emerging markets. Net profit amounted to 460 million euros against 483 million euros in the same period last year. Revenue fell by 1.5%, to 5.1 billion euros, compared with 5.18 billion in the 3rd quarter of 2013. Given the end of the high sales season, we recommend to refrain from buying shares of the company.

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RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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