DB Commodity Services Files with the SEC to Register 100 Million Additional Shares of PowerShares

NEW YORK, Nov 05, 2009 (BUSINESS WIRE) --

DB Commodity Services LLC today announced it has filed a registration statement with the US Securities and Exchange Commission (SEC) to register 100,000,000 additional shares of PowerShares DB US Dollar Index Bullish Fund (NYSE Arca: UUP) in order to meet investor demand. Creations of new shares in the fund are temporarily suspended pending clearance of the registration statement by the SEC, the Financial Industry Regulatory Authority and the National Futures Association and declaration of the effectiveness of the registration statement.

Additional information is contained in two related 8K filings which are available at: www.sec.gov. DB Commodity Services LLC will issue an additional 8K once the registration statement has been declared effective by the SEC.

Investors seeking further information: 
ALPS +1 (877) 369-4617 
PowerShares +1 (800) 983-0903 
or 
Reporters seeking further information: 
Renee Calabro +1 (212) 250-5525 
Media Relations, Deutsche Bank

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Tags: asia   bank   commodity   europe   futures   germany   index   investment bank   north america   nyse   sec   securities   us dollar  

Companies: Deutsche Bank AG (DB), PowerShares DB US Dollar Index Bullish Fund (UUP)

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Deutsche Bank sells remaining stake in Daimler - Zibb.com

Oct 30, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Deutsche Bank AG, a retail and commercial bank in Germany, has sold its remaining stake in Daimler AG, a manufacturer and distributor of passenger cars, trucks, vans and buses.

Deal Type    Acquisition
Sub-Category Minority Acquisition
Deal Status  Completed: 2009-10-29

Target (Company)   Daimler AG (formerly DaimlerChrysler AG)
Acquirer (Company) Undisclosed Acquirers
Vendor (Company)   Deutsche Bank AG

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Tags: acquisition   bank   commercial   distributor   germany   manufacturer   retail  

Companies: Deutsche Bank AG (DB)

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CR Bard (BCR) NewsBite - BCR Higher On Deutsche Bank Rating - Zibb.com

Nov 04, 2009 (Fresh Brewed Media via COMTEX) --

CR Bard (NYSE: BCR) opened at $77.78. So far today, the stock has hit a low of $76.40 and a high of $77.78. BCR is now trading at $77.46, up $1.72 (2.27%). The stock hit its 52-Week high of $89.89 in last November and set its 52-Week low of $68.94 in April. The company reported fiscal fourth quarter earnings this morning of $1.29, compared with $1.12 for the same period last year. Deutsche Bank initiated coverage on the stock today with a Buy rating. Technical indicators for the stock are bullish and S&P gives BCR a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on BCR the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 70 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: earnings   nyse   S&P  

Companies: C.R. Bard Inc. (BCR), Deutsche Bank AG (DB)

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Deutsche upgrades Trelleborg price target - Zibb.com

Oct 30, 2009 (M2 PRESSWIRE via COMTEX) --

30 October 2009 - Deutsche Bank has raised the share price target on Swedish engineering group Trelleborg AB (STO: TREL B) to SEK45 from SEK40, while reiterating its "hold" recommendation, after the group released third-quarter figures yesterday.

Trelleborg saw its net profit more than double to SEK216m in the third quarter of 2009 from SEK102m a year earlier.

Comments on this story may be sent to 
nbr.feedback@nordicbusinessreport.com

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Tags: engineering   net profit   nordic   Stockholm  

Companies: Deutsche Bank AG (DB), Trelleborg AB (TBABF)

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