Heavy thud of asset management, except that Fineco sailing upward through the news of NewCo formed between Capitalia and Fiat in the world of insurance. Fideuram leaves at ground level from 4.17% to 4.34 euros and Mediolanum loses 3% to 5.06 euros.
At the Milan stock exchange will compound the loss of the Franco-Italian ST Microelectronics leaves at ground level from 3.5% passing from hand to 20.43 euros. Weigh the bad is sitting scored yesterday by the securities industry semicnduttori Stars and Stripes. A wheel down the title of Finmeccanica, a major shareholder of ST, losing 2.95% to 0.64 euros.
The board of Unicredito has approved a capital increase to 35 million shares for a stock option plan 2002 for the top management group.
Tags: credit, management, stock
The positive quarterly flies a title company led by Marco De Benedetti. The Tim is in fact rising by almost 6% well above the 4.40 euro return, up to day. Very high trade: over 107 million pieces against a daily average of 80 mln. This morning some investment banks have raised the rating on the stock. Analysts SSSB Hano issued a “outperfor” with a target to 5.5 euros, while those of BNL have expressed a good opinion. Remember that Tim closed the first half of 2002 with an EBITDA of EUR 2.5 billion, an increase of 4.7% over the first half of 2001 while revenues rose 5.2% to 5.2 billion. The debt was reduced by 1.3 billion euros to 0.6 billion thanks to the sale of Bouygues Telecom and Mobilcom Austria.
Tags: analyst, Austria, Bank, banks, company, debt, euro, euros, invest, investment, rating, stock
The British food and drinks group Diageo has confirmed the sale of fast-food chain Burger King American Texas Pacific. The transaction value is around 2.6 billion dollars, paid entirely in cash. Diageo hopes to conclude the negotiations by the end of the year and reinvest the proceeds in its core beverage and a return to its shareholders. At this time, Diageo is traded in London at 715 pence (+5%).
Analysts at Lehman Brothers have agreed to revise downward the price target on the ISPA Spanish Earth. The target is thus increased from the previous 6 euros to 5 euros. Has not changed the assessment of market underperform. Weigh on the ground, as explained Lehman, was also the appreciation of the euro against the dollar and the currencies of Latin America.
starts with a finger on the group of securities managed savings, thanks to the positive wind arrived yesterday evening from Wall Street. Fideuram Well then, that the halls of 5.48%, followed by gain of 4.86% in Fineco at 0.4940 euros and Mediolanum an increase of 4%.
Tags: euro, euros, management
First exchange kissed by purchase orders for securities French France Telecom and Orange, which the Paris stock exchange exchange sharply upward. With the complicity of the publication of quarterly and confidence came last night from Wall Street, the France Télécom marks an increase of 9.23% to 14.20 euros and Orange earns 9.81% to 5.26 euros.
Frankfurt -7%, Paris down 5.3%, Mib30 -4.19%. “We are witnessing a widespread sell-off,” said Edward Moscow trader new investments. “The panic is spreading in the markets. The beginning of this week has been disastrous, but because it was so traumatic, I think we can stay there a technical rebound. Maybe already this evening. It would be a great signal if the daughter was able to recover the 24mila points. The target could be 26-26500 points. “
Tags: invest, investment, investments, market, markets, New
No peace for our financial house. The unprecedented collapse of Citigroup and JP Morgan is “weighted” the titles of assets under management. Fineco and thus decrease of 3.81% by the action passes from hand to 0.465 euros, Mediolanum yields 2.45% to 5.05 euros and Fideuram is in flexion, 1, 79% at 4.55 euros .
Tags: euro, euros, financial, management