 Member since Sep '03
Working languages: English to Spanish
French to Spanish
Spanish (monolingual)
Spanish to English |
|   Miguel Llorens
Experienced financial translator
Venezuela Local time: 20:50 VET (GMT-4.5)
Native in: Spanish  | |
Freelancer,  Verified member | | Translation, Editing/proofreading, Subtitling | | Specializes in: | | Economics | Law: Contract(s) | | Law (general) | Finance (general) | | Business/Commerce (general) | Accounting | | Government / Politics | Social Science, Sociology, Ethics, etc. | | Linguistics | Investment / Securities |
| Also works in: | | Art, Arts & Crafts, Painting | Cinema, Film, TV, Drama | | Computers (general) | Management | | Marketing / Market Research | Petroleum Eng/Sci | | Retail |
More Less | English to Spanish - Standard rate: 0.05 GBP per word / 25 GBP per hour
French to Spanish - Standard rate: 0.06 GBP per word / 30 GBP per hour
Spanish to English - Standard rate: 0.06 GBP per word / 30 GBP per hour
| | Questions answered: 170, Questions asked: 0 Easy / 1 PRO, PRO-level points: 439 | Sample translations submitted: 4| English to Spanish: Morning call item from Wall Street institution into Spanish | Source text - English
XXXX: Trading Update Offers Buying Opportunity
XXXX (OP/N)/XXXX plc (OP/N) shares have a "habit" of registering falls on quarterly trading updates and rallying strongly on the actual results. While it may not always be the case that the company beats guidance by a significant degree as it has done over the past year, the current relatively low rating--10% discount vs. our European food coverage--following the company's fourth-quarter trading update suggests a particularly attractive valuation. We continue to estimate underlying 19% EPS growth for 2002, and and XXXXX confirmed that this target remains firmly on track. Our 12-month price targets remain EUR76/727p. These targets are derived from DCF and sum-of-the-parts analyses, with risks including failure to execute group strategy successfully and worse-than-expected trading conditions.
| Translation - Spanish
XXXXX: el informe preliminar ofrece una oportunidad de compra.
Los títulos de XXXX (OP/N)/XXXX (OP/N) suelen retroceder cada trimestre cuando se emiten los informes preliminares sobre las condiciones del negocio, pero luego tienden a registrar fuertes repuntes cuando se publican los resultados definitivos. Aunque es posible que la empresa no supere en el futuro su orientación por un margen significativo (como lo ha hecho durante el pasado año), la cotización relativamente baja (un descuento del 10% frente a los demás títulos que cubrimos dentro del sector europeo de alimentos) que se produjo tras el informe preliminar del cuarto trimestre sugiere que la valoración es particularmente atractiva. Todavía seguimos estimando que el beneficio por acción registrará un crecimiento subyacente del 19% en 2002 y XXXX ha confirmado que avanza a buen ritmo para cumplir con este objetivo. Nuestro precio-objetivo para 12 meses sigue siendo 76 euros/727 peniques. Estos objetivos son el resultado de nuestros análisis según las metodologías de flujo de caja descontado y de la suma de las partes y entre los riesgos que pudieran impedir su cumplimiento se debe enumerar la incapacidad de ejecutar exitosamente la estrategia del grupo y unas condiciones comerciales peores de lo previsto.
| | English to Spanish: Morning call item from major investment bank into Spanish | Source text - English
XXXX Above Estimates; While Positive, Maybe Largely in the Stock
Second-quarter results from XXXX Corp. (IL/N) were above expectations, reflecting a stabilization in the database market after two years of deteriorating fundamentals. EPS came in at $0.10 vs. our $0.09 estimate, and the operating margin was 34.4%. The database business was strong, but the applications business was weak (likely XXXX specific).
These results are likely a positive bellwether for the broader software group and tech sector for the December quarter. However, much of this already may be reflected in XXXXX’s stock. And with a seasonally stronger quarter having already been anticipated in the tech sector, investors may be resetting their horizons for the group to the upcoming seasonally slower March quarter and the geopolitical risks to the economy and the sector.
XXXXX is making structural changes to its North American sales force in the current quarter, which creates some execution risk, so we are keeping our estimates fairly conservative. We raised our fiscal-2003 EPS estimate to $0.41 from $0.39 and have initiated a fiscal-2004 estimate of $0.45. We continue to rate the sector Neutral and the stock In-Line.
| Translation - Spanish
XXX supera las previsiones; aunque se trata de un acontecimiento positivo, este anuncio podría estar ya incorporado en las cotizaciones.
Los resultados del segundo trimestre de XXXX Corp. (IL/N) superaron las previsiones, lo que refleja una estabilización en el mercado de bases de datos tras dos años de deterioro en sus variables fundamentales. El beneficio por acción ascendió a 0,10 dólares frente a nuestra propia estimación de 0,09 dólares, mientras que el margen de explotación fue del 34,4%. El negocio de bases de datos arrojó un sólido rendimiento, pero los resultados del negocio de aplicaciones fueron flojos (un fenómeno que probablemente es específico a XXXX y no afecta al sector en general).
Estos resultados probablemente son un buen indicador del modo en que evolucionará el sector general de software y tecnología durante el trimestre que finaliza en diciembre. Sin embargo, es posible que la cotización de XXXXX ya incorpore la mayor parte de este anuncio. Además, en vista de que ya se anticipaba que este trimestre sería más sólido por motivos estacionales, es posible que los inversores estén más enfocados en: (1) el hecho de que el trimestre de marzo suele ser más débil desde el punto de vista estacional y (2) los riesgos geopolíticos para la economía y el sector.
Durante el actual trimestre, XXXX ha introducido cambios estructurales en su división de ventas en Norteamérica, lo que crea ciertos riesgos de implementación estratégica, por lo que mantenemos nuestras previsiones a unos niveles relativamente conservadores. Nuestra previsión de beneficio por acción para el ejercicio 2003 ha sido elevada de 0,39 a 0,41 dólares y hemos introducido una previsión inicial para el ejercicio 2004 de 0,45 dólares. Reiteramos nuestra postura “Neutral” sobre el sector y una calificación de IL para estos títulos.
| | English to Spanish: Annual report of a U.S. IT company (for Mexico). | Source text - English
Stock Incentive Plan
In October 1995, the 1995 Stock Incentive Plan (the 1995 Plan) was approved by our Board of Directors. Under the terms of the 1995 Plan, the Board of Directors is authorized to grant incentive stock options, non-qualified stock options and restricted stock to officers, directors, employees or consultants. Prices for all options or stock granted under the 1995 Plan are determined by the Board of Directors. Option prices for incentive stock options are set at not less than the fair market value of the common stock at the date of grant. Options vest over periods determined by the Board of Directors, generally four years. Options are contingent upon continued employment with the Company and, unless otherwise specified, expire ten years from the date of grant. The Company has reserved 2,800,000 shares of its common stock for issuance under the 1995 Plan.
| Translation - Spanish
Plan de incentivos basado en la entrega de acciones
En octubre de 1995 nuestro Consejo de Administración aprobó el Plan de 1995 de incentivos basados en la entrega de acciones (el Plan de 1995). Bajo los términos del Plan de 1995, el Consejo de Administración está autorizado a conceder incentivos bajo la forma de opciones de compra de acciones, opciones de compra de acciones no calificadas y acciones restringidas a administradores, directores, empleados o asesores. Los precios de todas las opciones o acciones concedidas bajo el Plan de 1995 son fijados por el Consejo de Administración. Los precios de las opciones que se ofrecen como incentivos se fijan a un valor que no puede ser inferior al valor justo en el mercado de las acciones ordinarias en la fecha de concesión. Las opciones adquieren derechos durante períodos determinados por el Consejo de Administración, que por lo general suelen ser de cuatro años. Las opciones dependen de que el poseedor se mantenga como empleado de la Compañía y, a menos que se especifique lo contrario, expiran a los diez años después de ser concedidas. La Compañía ha apartado 2.800.000 acciones de su capital social para ser emitidas bajo el Plan de 1995.
| | English to Spanish: Compliance material issued by a British Bank | Source text - English
1.0.2 There is no universally accepted definition of a Hedge Fund, however Hedge Funds are often defined by their characteristics, which may include:
- Are organised as private investment partnerships or offshore investment corporations
- Use a wide variety of trading strategies involving position-taking in a range of markets
- Employ an assortment of trading techniques and instruments, often including short-selling, derivatives and leverage
- Pay performance fees to their managers; and
- Have an investor base comprising wealthy individuals and institutions and a relatively high minimum investment limit.
| Translation - Spanish
1.0.2 No existe ninguna definición universalmente aceptada de lo que es un Fondo de Alto Riesgo, pero los Fondos de Alto Riesgo a menudo se definen por ciertas características, que podrían incluir:
- Están organizados como sociedades privadas de inversión o compañías de inversión offshore
- Utilizan una amplia diversidad de estrategias de operación bursátil que implican la adopción de distintas posiciones en una variedad de mercados
- Emplean una variedad de técnicas e instrumentos de operación bursátil que a menudo incluye las ventas al descubierto, los derivados y el apalancamiento
- Pagan comisiones por rendimiento a sus gerentes; y
- Su base de inversionistas está compuesta por individuos adinerados e instituciones y la inversión mínima es relativamente elevada.
|
More Less | | Glosario financiero | | MA-M.Phil. University of Cambridge, Medieval and Renaissance English Literature | | Years of translation experience: 10. Registered at ProZ.com: Oct 2002. Became a member: Sep 2003. | English to Spanish (Berlitz School of Translators and Interpreters, verified)
Spanish to English (Berlitz School of Translators and Intepreters, verified)
| | ATA | | Microsoft Word, Adobe Acrobat, MultiTerm Extract, Powerpoint, SDL TRADOS, SDLX, Wordfast | | http://traductor-financiero.com | | Miguel Llorens endorses ProZ.com's Professional Guidelines. | | About me
Experienced Financial Translator
English>Spanish, French>Spanish, Spanish>English
Financial content management expert
English, French>Spanish financial and legal translator trained at the City
headquarters of a major Wall Street institution with over nine years of
experience as a linguist and extensive familiarity with Trados (6.5 Freelance
license).
Some highlights from my background:
Native Spanish speaker.
Expert Trados user (6.5 Freelance) and an experienced SDLX user.
Solid financial and economic background, both in-house (Goldman Sachs,
Richard Gray Financial Translations) and freelance.
Independent contractor (since March 2004) with direct client in the public
sector, providing daily summaries in English of Latin American economic
news items (30,000-35,000 words per month).
Postgraduate degrees in English Renaissance literature from Cambridge (M.
Phil. Cantab.- 2000) and Boston University (M.A.- 1997).
Licenciado en Letras (Universidad Católica Andrés Bello – Caracas,
Venezuela).
Subtitler at H.B.O. Latin America, formerly H.B.O. Olé (1992-1996).
Raised and educated in the United States (1979-1985, 1996-1998).
Several years as a resident in the United Kingdom (1998-2003).
Associate member of the ATA.
Top of the line hardware and software, including backup PCs, FTP
and antivirus programs, broadband connection, and CAT tools.
Over nine years' experience as a translator.
Recent and Ongoing Projects:
Fourth Quarter 2005
Economic, political translations: Daily summaries into English of Latin American
economic news items for direct client in the public sector (30,000-35,000 words per
month; direct client).
Business translation: Consecutive interpreting for several meetings held over two
days in Margarita Island between U.S. investors and Venezuelan counterparts (2 days;
direct client).
Financial translation: Translation from English into Spanish of European Work
Council document provided by a British company to its employees in Spain (2,500
words; for a British agency).
Legal translation: Translation from Spanish into English of diverse legal documents
and correspondence between U.S. investors and Venezuelan clients relating to a real
estate project in Margarita Island (18,000 words; direct client).
Financial translation: Translation from English into European Spanish of promotional
material from Reuters announcing next year’s product offering (12,500 words; for SDL
International).
Financial translation: Translation from English into Latin American Spanish of
prospectuses for funds managed by major U.S. investment bank (8,100 words; for a U.
S. publishing company).
Recipe translation: Proofreading and translation from English into Latin American
Spanish of recipes provided by a U.S. sauce manufacturer to restaurants and bars
(11,000 words; for a U.S. agency).
Financial translation: Translation from English into Latin American Spanish of
promotional material for investment plan for parents saving for their children’s higher
education (7,800 words; for U.S. publishing company).
Third Quarter 2005
Economic, political translations: Daily summaries into English of Latin American
economic news items for direct client in the public sector (30,000-35,000 words per
month; direct client).
Legal translation: Translation from Spanish into English of Partner’s Agreement
between ATM services provider and distributors (1,600 words; direct client).
Legal translation: Translation from Spanish into English of diverse legal documents
and correspondence between U.S. investors and Venezuelan clients relating to a real
estate project in Margarita Island (5,000 words; direct client).
Business translation: Proofreading of informational material provided by the judicial
system of the state of California to Spanish-speaking residents (7 hours; for a U.S.
agency).
Financial translation: Translation from English into Spanish of monthly Morgan
Stanley reports written by research analysts (10,000 words; for SDL International).
Business translation: Proofreading of English-Spanish translation of insurance and
other benefits provided by a major U.S. restaurant company to Spanish-speaking
employees (15 hours; for a U.S. agency).
Business translation: Translation from English into Spanish of PowerPoint
presentations drafted by U.K. advertising agency for an Argentine client wishing to
promote its product in Great Britain (3,700 words; for a British agency).
Business translation: Translation from English into Spanish of guidelines for of in-
store card by a women’s apparel chain in the United States for its Spanish-speaking
employees (5,200 words; for a U.S. agency).
Financial translation: Translation from English into Spanish of press releases and in-
house announcements by a U.S. company filing for Chapter 11 to its workforce in
Mexico (5,000 words; for a U.S. agency).
Advertising, promotional material: Translation from English into Spanish of the text
contained in a CD to be distributed with new contact lenses (4,000 words; for a U.S.
agency).
DVD translation: Adaptation from European Spanish to Latin American Spanish of
DVD subtitles of Live 8 concerts (400 minutes; for a British subtitling company).
Business translation: Consecutive interpretation for meetings held in Caracas
relating to real estate projects on Margarita Island (10 hours; direct client).
Business translation: Translation from English into Spanish of open enrollment
material required for insurance benefits published by U.S. company (3,400 words; for
a U.S. agency).
Second Quarter 2005
Economic, political translations: Daily summaries into English of Latin American
economic news items for direct client in the public sector (30,000-35,000 words per
month; direct client).
Financial translation: Translation of quarterly report from English into Spanish by a
major European mutual fund manager (2,600 words; for a Belgian agency).
Entertainment translation: Translation from English into Spanish of survey for major
videogame designer for European audiences (3,000 words per month; for a British
agency).
Business translation: Translation from Spanish into English of questionnaires
drafted by an ATM management company for its clients and distributors (2,000 words;
direct client).
Financial translation: Translation from English into Spanish of monthly Morgan
Stanley reports written by research analysts (10,000 words; for SDL International).
Business translation: Translation from English into Spanish of corporate
communications and share-dealing guidelines from a major British company for its
Spanish-speaking U.S. employees (4,000 words; for a British agency).
Legal translation: Translation from Spanish into English of changes to the transitory
provisions of a contract and a letter between U.S. investors and Venezuelan clients
relating to a real estate project in Margarita Island (3,000 words; direct client).
Business translation: Translation from French into Spanish of e-mails between
partners in a hotel venture in China (1,500 words; for a British agency).
First Quarter 2005
Economic, political translations: Daily summaries into English of Latin American
economic news items for direct client in the public sector (30,000-35,000 words per
month; direct client).
Financial translation: Report on macro outlook for 2005 from English into Spanish by
a major mutual fund manager (3,000 words; Belgian agency).
United Nations: Translation from English into Spanish of the UNDP’s internal control
framework (12,500 words; for a British agency).
Financial translation: Translation from English into Spanish of the Terms and
Conditions and Privacy Policy for the website of a British food producer (2,200 words;
for a British agency).
Financial translation: Translation from English into Spanish of an employee share
participation program offered by a major British company to its U.S. employees (4,000
words; for a British agency).
Financial translation: Translation from English into Spanish of a double taxation form
for a bank’s international customers (2,000 words; for a British agency).
Legal translation: Translation from Spanish into English of contracts and agreements
between a consortium of U.S. investors and Venezuelan clients relating to a real
estate project in Margarita Island (5,000 words; direct client).
World Bank: Translation from English into Spanish of a document on the use of
borrower systems (4,800 words, direct client).
Third quarter 2004
Political, economic translations - Translation and summarization of texts appearing
in Venezuelan media about the 15 August presidential recall referendum (over 20,000
words, direct client).
Financial translation - Translation of research reports on the upcoming presidential
election in the United States (2,000 words, for a Belgian agency).
Legal translation - Localization into Spanish for major telecommunications company
of standard business contract for outsourcers (4,000 words, for a British agency).
Terminology - Consultant on Latin American slang for leading IT multinational
building a software tool designed to identify terms that might be controversial or
offensive (for a U.S. agency, 40 hours).
Business - Material for company announcing beginning of enrollment period in its
health benefits programs targeted toward Spanish-speaking employees in the United
States (4,500 words, for a U.S. agency).
Business translations - Diverse items of business correspondence (5,000 words, for
a British agency).
IT industry, advertising - Localization of advertising for new series of server disk
drives (2,000 words).
Business, advertising - Localization of material for contact lens ad campaign (for a U.
S. agency).
Tourist industry - Localization of website for vacation resort located in Slovakia
(14,000 words, for a British agency).
Financial translation - Contract for e-banking services provided by European financial
institution (for a Belgian agency, 1,000 words).
Second quarter 2004
Economics, Politics - Daily summaries into English of Latin American economic
news items for direct client in the public sector (30,000-35,000 words per month).
Financial translation – Translation of sustainable development documents for a
United Nations Development Program (UNDP) conference (10,000 words; English
into Spanish, for a U.K. agency).
Financial & IT - Terminology consultation and localization of risk-management
software (over 30,000 words; English into Latin American Spanish; for a U.S. agency).
Financial translation - Fund manager reports, correspondence, and annual reports
for major European fund manager (5,000 words; French and English into Spanish; for
a Belgian agency).
Website, general - Localization of website for international provider of mobile phone
services (3,000 words; English into Spanish; for a U.K. agency).
Market research consultancy - Contribution to brand research effort for a major U.S.
company that is modernizing its name and logo (for the Chilean subsidiary of a
multinational localization company).
Financial translation - Marketing material from major European bank on derivates
products (4,000 words; French into Spanish; for a Belgian agency).
General - Localization of the British Council's Culture Lab 2004 Selections (print
version) on the latest innovations in British digital design, science, and culture (11,000
words; U.K. English into Latin American Spanish; for a U.K. agency).
First quarter 2004
Online financial translation - Project management and translation of compliance
material for the Colombian subsidiary of a multinational bank to be delivered via a
Web-based content management platform (English into Latin American Spanish;
6,000 words; using Trados Tag Editor; for U.K. agency).
Technical translation - Translation of marketing material for electronic workflow tool
used by industrial printing presses (English into Spanish; 3,000 words; for a U.S.
agency).
Financial translation - Translation of a real estate development proposal (English into
Spanish; 6,000 words; for a U.K. agency).
General business - Translation of the theoretical framework for a sustainable
development project in Spain's Murcia region (Spanish into English; 2,000 words; for
environmental consultancy).
Fourth quarter 2003
Legal translation - Translation for a Mexican audience of lottery contracts and other
legal documents (English into Latin American Spanish; over 10,000 words; for a U.S.
agency).
General business - Translation for the Hispanic-American market of production
processes for major U.S. supermarket chain (English into U.S. Spanish; over 10,000
words; using SDLX Lite; for a U.S. agency).
Financial translation - PowerPoint presentation on a new credit derivatives product
(English into Spanish; 5,000 words; for a Spanish agency).
Financial translation - Annual report of U.S. IT company for the Mexican market
(English into Latin American Spanish; 4,000 words; for a U.S. agency).
Legal translation - Translation of marketing material for the website of a major U.S.
law firm (English into Spanish; 2,000 words; for a U.S. agency). | This user has earned KudoZ points by helping other translators with PRO-level terms. Click point total(s) to see term translations provided.
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