Tag: financial
Banfi, “Standing on securities and insurance cyclic”
by admin on Mar.07, 2010, under finance
The situation of world stock markets remain under pressure because of data on individual companies rather than to a real fear on the macroeconomic data. The data macros are generally good, except for those published in May as retail sales in the U.S., “said Paolo Banfi, head of investment Euroconsult,” is not convincing but the microeconomic section, individual business realities are threatened by bugaboo of false accounting that is spreading in the United States. Our advice is therefore to be overweight cyclical securities industry, excluding the technology. We also like the financial sector and in particular insurance and would avoid banks with significant exposure to the corporate .
Related posts
Mobilcom back to green after the deep red
by admin on Mar.06, 2010, under finance
Mobilcom found oxygen after losing in the last five days more than 60% of its market value. The German phone operator earns at this time 7.8% to 6.62 euros. Remains tense relationship with France Telecom, a daily soap opera that never fails to amaze. Yesterday, the leading French operator has brought the banks to implement a financial credit from 4.7 billion euros that will be implemented through bonds redeemable in shares.
Related posts
Insolvency for Taurus and KirchBeteiligung
by admin on Mar.06, 2010, under finance
final collapse of the Kirch empire, once in the morning also Taurus Holding and KirchBeteiligung have had to bend to the financial crisis by depositing, in turn, its financial statements with the bankruptcy court. The Taurus is the holding company officer who is part of the group led by former Bavarian magnate, while KirchBeteiligung is the company that brings together various media activities, including participation in the 40% shareholding in Axel Springer, in addition to being the licensee for the television rights Formula 1. Now he stands just Premiere, the pay TV group, in desperate search of a partner willing to rehabilitate the crates in deep loss. Meanwhile, Commerzbank, among the lenders to KirchMedia, is examining very closely the offer made by ColumbiaTristar, controlled by the giant Sony, to give life to a company taking over all activities of the Kirch group.
Related posts
Capital increase to Reply
by admin on Mar.06, 2010, under finance
The general meeting of Reply has approved the results of the 2001 budget, which closed with a consolidated turnover to 60.3 million euros, up 81%, and net income for 3.8 million euros, an increase of 100%. The assembly also approved a capital increase to start a new stock option plan for employees. This is the fifth consecutive year that the company files an exercise in showing a profit, while maintaining a yearly average growth rate of 78,8%. The net financial position at 31 December 2001 was EUR 16.5 million.
Related posts
Alliance between Yahoo! and eBay
by admin on Mar.03, 2010, under finance
The famous network of online auctions eBay auction service will become the recommended by Yahoo! Europe in England, Ireland, France, Germany, Italy and Spain. Under this multi-year agreement, eBay will advertise through the European network of Yahoo! in England and Ireland, France, Germany, Italy and Spain. Together, the two companies will develop an extended program will include a wide range of banner advertising, text links, and other advertising media online. “This is a significant move for Yahoo! Europe, both financial strategicoche. We use our resources to focus More Effects that will help us lead a long-term growth for lasocietà and where we can extend our leadership position,” hadichiarato Mark Opzoomer, General Manager of Yahoo! Europe. “eBaydiventerà one of our most significant tuttaEuropa marketing partners.
Related posts
Red mark on the Milan Stock
by admin on Mar.03, 2010, under finance
The minus sign dominated the session on the Milan Stock Exchange, where the situation has worsened following the alarm, then returned after a suspect package was found on the Brooklyn Bridge in New York. On the final Piazza Affari ended with a drop in Mibtel Numtel% and a loss of 0.85%. Few more signs. Positive Banca di Roma, after Giorgio Brambilla, for group, confirmed the sale of 25% of Mediocredito plant by June. Well even Saipem and Unicredito. Among the titles that were performed well Marangoni should say goodbye to the list after the financial and finma Magima, head of a shareholders’ agreement the owner of 86, 19%, have bid for the entirety of the capital. Budget with the plus sign for SNIA, in the wake of rumors of an American fund interest. Red mark for all others. Male especially the people of Lodi. The race for the title on Tuesday rumors of an approach to Antonveneta were soon weakened. In red even Mediolanum, STM, Ras, Finmeccanica and Fideuram.
Related posts
Fiat, are still credible estimates of the company ‘?
by admin on Mar.02, 2010, under finance
It starts from a negative cash flow of one billion euros. These will be, according to the calculations of Fiat, resources drained out of the car in 2002, when an Italian market in decline. The cash flow turned positive in 2004 while the estimated ROI (return on investment) is equal to 12% in the medium term. The stock of debt, still under surveillance by Standard & Poor’s for the part shortly, will be kept under control by the plan of divestiture, which will provide 3.2 billion euros, compared with 2.3 already provided for. As regards 2002, the car should have operating loss to 2001, “but the first quarter reached nearly all of these levels, and the credibility of this management by the numbers is not so high right now,” comments one Industry observers who prefers not to mention, adding: “The market tends not to believe any more in forecasting, and the title only reacts to step achieved. Meanwhile, the Turin group has launched the 2887 mobility for employees. Deutsche Bank, the financial arm of the historic, has reported its stake in the company over 2% after declining at this value of the capital, to which the German company had not joined. DB has since emerged in the capital of Ifil (which holds 13% of Fiat) into strife. The title gives meanwhile 2.2% 13.38 euros.
Related posts
Commerz: “Fiat is best to wait”
by admin on Mar.02, 2010, under finance
The market reversed course but Fiat remains at stake. “We are all waiting to know what the business plan that will be presented to analysts and the financial community in these two days,” Commerzbank said the trader. “So we think that at the time, it is best not to risk waiting so that brightened a little ‘the sky on the title of Lingotto. The IPO of Ferrari will cash a bit’ of money but not enough to consolidate coffers of society. ” Fiat is yielding 0.75% at 13.59 euros by exchanges which have just passed the million pieces.
Related posts
The Germans like steel market
by admin on Mar.02, 2010, under finance
Salt still under ThyssenKrupp. The German steel group, which in recent days had also posted previsoni encouraging for the fourth quarter of 2001 and for the fiscal year, continues to please the market. At the moment the title halls of 5.57% to 14.41 euros. The group also announced a reduction of 1.2 billion euros of its debt financial position, which at 30 September 2001 was 6.5 billion euros.
Related posts
Data Service, sales and margin growth
by admin on Mar.01, 2010, under finance
Data Service has provided data regarding the third quarter and the financial position as at 30 September. In the first nine months, the production value of the consolidated and pro forma amounts to 85.6 million euros, an increase of 209% compared to 27.7 million euros in the same period last year. At constant consolidation turnover increased by +43% to 39.6 million. The pro-forma EBITDA is approximately EUR 16.8 million, an increase of 230% compared to 5.2 million in 2000 (55% at constant perimeter). The net financial position is negative for 38.7 million euros. This value incorporates the approximately 35 million euros spent on the acquisition of CNI Informatica e Telematica SpA at this time the title lost 0.37% to 47.9 euros.