| The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that the Annual Meeting of Stockholders for each Fund will be held at 10:30 a.m., Eastern time on June 30, 2025 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, New York 10022. Holders of shares of common stock of record of the Funds at the close of business on May 16, 20. |
businesswire.com |
2025-04-22 20:35:00 |
Czytaj oryginał (ang.) |
| Intesa Sanpaolo has partnered with the EIB to provide nearly €660m to promote economic growth in the CEE region since 2020 |
Paola Papanicolaou, Head of Intesa Sanpaolo's International Banks Division MILAN, March 17, 2025 (GLOBE NEWSWIRE) -- Speaking at the EIB Forum in Luxembourg this month, Paola Papanicolaou, the head of Intesa Sanpaolo's International Banks Division (IBD), outlined the significant contribution to economic growth in Central and Eastern Europe that the bank has made over the last five years. Intesa Sanpaolo has signed deals worth nearly €660m in the CEE region over the past five years, in partnership with the EIB. |
globenewswire.com |
2025-03-17 13:43:00 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF) and The European Equity Fund, Inc. (NYSE: EEA) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. CEE's and EEA's total distributions will be paid in stock except that any stockholder of record as of December 30, 2024 may elect to receive such distribution in cash. GF's total distribution. |
businesswire.com |
2024-12-18 18:35:00 |
Czytaj oryginał (ang.) |
| The Trump Factor Takes A Toll On Foreign Stocks |
The election victory has fueled a strong rally in US equities, but Trump's comeback is seen as a new risk factor elsewhere as Washington prepares to pivot to new edition of an “America First” policy. The latest surge in US shares has widened the lead for SPDR S&P 500 ETF (SPY) year to date. |
seekingalpha.com |
2024-11-15 13:15:00 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc. Provides Update on Developments Regarding Russian Holdings |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”). As previously reported, certain of the Fund's Russian holdings have been valued at zero since March 14, 2022 in light of measures adopted by the Russian Central Bank and Government, as well as sanctions implemented by the United States and other countries in response to Russia's invasion of Ukraine. The effects of the sanctions and measures adopted by the Russian Central Bank and Government are far-re. |
businesswire.com |
2024-09-26 21:55:00 |
Czytaj oryginał (ang.) |
| Komercni banka: Your CEE Banking Play |
Komercni Banka is a regional commercial bank in the Czech Republic with an ambitious 2025 strategy for higher ROE and dividend yield. Strong balance sheet indicators exceed regulatory thresholds, with low non-performing loans and high liquidity. Business performance shows growth in deposits, mortgages, and fees, with potential upside in lending to local businesses and cost reduction. |
seekingalpha.com |
2024-08-30 10:41:41 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc. Announces Results of the Fund's Annual Meeting of Stockholders |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today the results of its Annual Meeting of Stockholders which was initially called to order and adjourned on June 27, 2024 and reconvened on July 19, 2024. Both of the two Class III Directors nominated by the Board of Directors, Dr. Holger Hatje and Dr. Wolfgang Leoni, were elected at the reconvened meeting, to serve for a term of three years and until his respective successor is elected and. |
businesswire.com |
2024-07-19 20:35:00 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc. Provides Update on Developments Regarding Russian Holdings |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”). As previously reported, the Fund's Russian holdings have been valued at zero since March 14, 2022 in light of measures adopted by the Russian Central Bank and Government, as well as sanctions implemented by the United States and other countries in response to Russia's invasion of Ukraine. The effects of the sanctions and measures adopted by the Russian Central Bank and Government are far-reaching and. |
businesswire.com |
2024-05-30 20:56:00 |
Czytaj oryginał (ang.) |
| CTP Expands in Romania With 270,000 sqm Warehouse and 30HA Landbank Acquisition |
AMSTERDAM--(BUSINESS WIRE)--Regulatory News: CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has acquired from Globalworth, the leading office investor in Central and Eastern Europe (CEE), an industrial portfolio of 270,000 sqm GLA and 30ha landbank in six key locations in Romania. The portfolio is comprised of six industrial parks providing an appropriate mixture of locations in the vicinity of CTP's parks (Buchare. |
businesswire.com |
2024-05-28 07:58:00 |
Czytaj oryginał (ang.) |
| High School Teams Named Best in America in CEE's Nationwide Personal Finance Competition |
CLEVELAND--(BUSINESS WIRE)-- #CEE--High school teams from MD, MN, NJ & GA were named best in America in the Council for Economic Education's 2024 National Personal Finance Challenge. |
businesswire.com |
2024-05-21 13:00:00 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that the Annual Meeting of Stockholders for each Fund will be held at 10:00 a.m., Eastern time on June 27, 2024 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, New York 10022. Holders of shares of common stock of record of the Funds at the close of business on May 2, 202. |
businesswire.com |
2024-04-19 20:30:00 |
Czytaj oryginał (ang.) |
| CEE: The Russian Catalyst Is Back (Rating Upgrade) |
The recently proposed plan offer for Western institutional investors to swap their frozen investments in Russia for Western stocks currently held by Russian retail investors could be bullish for CEE. The CEE's NAV is now trading at the level of the CEF price. The potential to return to the old premium alone offers the chance of 20-25% growth. If there's an opportunity to get rid of its written-off Russian assets, CEE's upside could be a multiple of that. |
seekingalpha.com |
2024-03-15 14:42:37 |
Czytaj oryginał (ang.) |
| American Stocks Continue To Lead Global Equities Ex-U.S. In 2024 |
World stocks that hold US shares are up 1.6% year to date while foreign equities ex-US are down 1.5% in 2024. The Japanese stock market was a strong competitor vis-à-vis US shares last year too. |
seekingalpha.com |
2024-02-05 13:55:00 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF) and The European Equity Fund, Inc. (NYSE: EEA) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. CEE's and EEA's total distributions will be paid in stock except that any stockholder of record as of December 29, 2023 may elect to receive such distribution in cash. GF's total distribution. |
businesswire.com |
2023-12-19 18:35:00 |
Czytaj oryginał (ang.) |
| The Month In Closed-End Funds: October 2023 |
For the third straight month, both equity (-2.52% on a NAV basis) and fixed income (-1.62%) CEFs on average suffered downside performance. At month end, 6% of all CEFs traded at a premium to their NAV, with 8% of equity CEFs and only 5% of fixed income CEFs trading in premium territory. Utility CEFs (-0.52%), for the first month in seven, mitigated losses better than the other classifications in the equity CEF universe for October. |
seekingalpha.com |
2023-11-08 05:54:37 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Extension of Share Repurchases |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The European Equity Fund, Inc. (NYSE: EEA), and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors has approved an extension of the current repurchase authorization permitting CEE, EEA, GF and to repurchase up to 630,039, 687,213 and 1,710,430 shares, respectively (representing approximately 10% of each Fund's current shares outsta. |
businesswire.com |
2023-07-28 20:35:00 |
Czytaj oryginał (ang.) |
| CEE: A Strong Bullish Catalyst From A Russian Company |
I believe Magnit PJSC's recent buyback may incentivize other Russian companies to follow suit, presenting a bullish opportunity for CEE, which marked to zero all of its Russian assets. Despite geopolitical and regulatory risks, volatility of emerging markets, concentration risk, and currency risk, I believe CEE is well positioned for recovery, particularly as the valuation of the main market for the fund, Poland, is below its historical average. I recommend investors conduct their own due diligence before making an investment decision, classifying the investment idea as a "Hold". |
seekingalpha.com |
2023-07-19 05:30:41 |
Czytaj oryginał (ang.) |
| The Month In Closed-End Funds: June 2023 |
In June, 92% of all closed-end funds (CEFs) posted net asset value (NAV)-based returns in the black, with average returns of 3.57% for equity CEFs and 1.63% for fixed income CEFs. The Natural Resources CEFs classification topped the equity leaderboard with a 6.29% return, while High Yield CEFs led the domestic taxable fixed income leaderboard with a 2.63% return. The median discount of all CEFs narrowed to 10.79% in June, with equity. |
seekingalpha.com |
2023-07-08 07:36:51 |
Czytaj oryginał (ang.) |
| The Central and Eastern Europe Fund, Inc., Announces Results of the Fund's Annual Meeting of Stockholders and Extension of Advisory Fee Waiver |
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) (the “Fund”) announced today the results of its Annual Meeting of Stockholders held on June 22, 2023. Each of the three Class II Directors nominated by the Board of Directors, Mr. Walter C. Dostmann, Ms. Fiona Flannery and Mr. Bernhard Koepp, was elected to serve for a term of three years and until his or her respective successor is elected and qualifies. Stockholders also ratified the appointment of Ernst & Yo. |
businesswire.com |
2023-06-22 21:00:00 |
Czytaj oryginał (ang.) |
| The Month In Closed-End Funds: April 2023 |
For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive month. |
seekingalpha.com |
2023-05-05 10:19:00 |
Czytaj oryginał (ang.) |