Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

E-Star Alternativ Falls to Five-Week Low on Municipality Debts

By Andras Gergely - 2012-10-01T09:24:13Z

E-Star Alternativ Nyrt. (ESTAR), a Hungarian energy company, fell to the lowest in almost five weeks after halting services to towns that fell behind on payments.

The shares dropped 5.1 percent to 407 forint by 11:08 a.m. in Budapest, extending its losses in the past six days to 11 percent.

E-Star said its seeking to protect investors after some municipalities accumulated debts for as long as 1 1/2 years, causing “growing liquidity problems,” according to a statement to the Budapest Stock Exchange on Sep. 29.

“E-Star has less and less operating projects thus generating sufficient cash flow to meet future debt/bond obligations is exposed to increasing risk,” Peter Szentirmai, a Budapest-based analyst at KBC Groep NV’s broker unit, wrote in a research report today.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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