Wednesday, August 2, 2017

Commerzbank Stock Dips On Q2 Loss; Sees Slightly Positive Net Result In FY17

Shares of Commerzbank AG were declining around 2 percent in the morning trading after the German lender reported Wednesday a loss in its second quarter, compared to profit last year, hurt by significant restructuring charges and weak revenues. Looking ahead, for fiscal 2017, the Bank is expecting a slightly positive net result.

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