Posts Tagged euros
Olimpia Group positively
IntesaBci, strong exposure to Vivendi
IntesaBci circulated on the market confirms the fears about the exposure to Vivendi. IntesaBci announced that exposure to the companies belonging to Vivendi Universal is now around 180 million euros and one on group company Vivendi Environnement to around 160 million euros. “It’s commercial relations with a smooth flow,” says a spokesman for the institute.
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Thud of IntesaBci, SocGen, “Pesa WorldCom”
Heavy decline for the institution headed by Corrado Passera. IntesaBci is leaving the field almost 5% with the title changing hands at 2.76 euros, thus approaching the levels of last February. “IntesaBci is accusing exposure in WorldCom,” says Marco Montanari of SocGen. “The esposiozione in the now former telecom giant WorldCom for $ 150 million is pushing investors to sell the stock because the heads will be forced to make further provisions. Do not worry, however, Vivendi Universal. “Unlike banks transalipine, IntesaBci is not exposed in Vivendi,” it concludes by SocGen.
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Index Numtel in contrast
Eni recovers and pushes towards equality ‘
Tim returns above 4 €, nearly 100 million pieces
Accelerate the company led by Marco De Benedetti. Leap of the other European players are rekindling interest on Tim: +2.03% with the title is back above the threshold of 4 euros. Very high trade: over 95 million pieces. The day today is not very truthful with regard to the volumes traded since today is a day of deadlines techniques, say some traders.
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Bipop and Banca di Roma in deep red
Do not stop selling securities on the two banks. After the debacle of recent days, Bipop is giving 3.48% share slipping to 1.416 euros and Banca di Roma loses 3.05% to 2.065 euros, thus returning to levels of early years. Remember that soon there will be a capital increase that will accompany the division at the Bank of Rome to traditional banking activities of Bipop.
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Nokia and Ericsson depressed sales
The slide in technology stocks which chalked up the old continent punched the protagonists of the cellular industry. A decidedly downward push is Finland’s Nokia, which scored a 4.91% decrease in passing from hand to 13.37 euros. In sharp downward exchanges also Sweden’s Ericsson who loses 2.31% to 16.9 Swedish kronor.
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Without Vieri & Co Basicnet remains in the pits
For Basicnet the elimination of Italy from the world has a taste more bitter. The title of the sportswear company is currently under suspension for excessive downward. The theoretical price of pre-opening is 1.34 euros, equivalent to a loss of 35.8%. The cause of the collapse is related to the blue shirts of that, now that Italy is out of the game, they risk a sharp fall in sales.