Posts Tagged investment

IntesaBci could quit Commerzbank

One of the next move would be to leave IntesaBci in Commerzbank (approximately 2.50% of capital) or to sell German subsidiary LOEBBECKE. This as stated by Corrado Passera, A.D. group. President Giovanni Bazoli said that the exit from Commerzbank is one of many hypotheses.

  • Share/Save/Bookmark
Tags: , ,

Related posts

, ,

No Comments

IntesaBci to 40% in Italy Lazard

IntesaBci will focus on the Italian and retail customers. “The development of the group will head to a greater concentration on the Italian and less statistics, and at the same time will be prime retail customers”, this message Corrado Passera, CEO of IntesaBci, who added that he concluded an agreement with Lazard. IntesaBci bought 40% of Lazard for 100 million and the structure will be the division that will do consulting for large clients, over 450 million in sales. Another 50 million will be earmarked for for the task.

  • Share/Save/Bookmark
Tags: , , , , , , , , ,

Related posts

, , , , , , , , ,

No Comments

Gandalf, improve margins in the half

The board of Gandalf has approved the six months ended June 30, 2002 which ended with net revenues in the first half of 2002 at 26.4 million , an increase of 0.66 million compared to the first half the previous year. Gross operating (EBITDA) amounted to -7.9 million , against 10.4 million in the first half of 2001, an improvement of 2.5 million . The net result of the first half of 2002 is negative for 9.2 million , an improvement of 5.1 million over the first half of last year (-14.3 million as at 30 June 2001). Of note finally the improvement of net debt to EUR 5.2 million from December 31, 2001. In the first half of 2002, with passenger numbers were 152,899, up from 147,156 to 30 June 2001 (+4%). Gandalf for the year 2002 saw the completion of the corporate restructuring begun in the previous year and the start of the plan necessary to achieve the goals envisaged in the plan of development.

  • Share/Save/Bookmark
Tags: , , , , , , , ,

Related posts

, , , , , , , ,

No Comments

HSBC unconvincing Morgan Stanley

Analysts at Morgan Stanley were not very satisfied with the quarterly published yesterday by banking giant HSBC. Despite the Titan UK has stunned the with slightly more than expected data, the American decided to cut its price target to 800 pence (previous 900 p.). The EPS 2002, however, was up 1% to 84 cents. HSBC sells 0.3% to 700 pence.

  • Share/Save/Bookmark
Tags: , , , , , ,

Related posts

, , , , , ,

No Comments

General, arrives at UBS buy

General convince analysts. After the positive comments that came from Merrill Lynch, Bear Stearns and Moody’s, comes the “buy” by UBS Warburg. analysts have justified this with the fact that the of Leon confirmed a growth of 25% of production in 2002 due largely to the bills to reward the applicant, ie those with more profitable.

  • Share/Save/Bookmark
Tags: , , , , , , ,

Related posts

, , , , , , ,

No Comments

Remote-controlled banks Fiat Group

“It is now clear, after the departure of Paolo Cantarella, who are the banks to roost on her Fiat,” says an operator of a primary SIM in Milan, who continued: “The consortium of banks who have put in place to save the Lingotto now points to not lose their even if it means bringing the Fiat Auto as a dowry to the American General Motors. “

  • Share/Save/Bookmark
Tags: , , , ,

Related posts

, , , ,

No Comments

Morgan Stanley analyzes the insurance industry

The research department of Morgan Stanley highlights that the European insurance sector has outperformed the by about 4%. A performance that has persuaded Morgan Stanley to maintain its positive long-term, particularly on life insurance while the judge remains negatvo regarding non-life. According to analysts, the industry is heading for a period of strong consolidation, facilitated by the difficulties of many player size smaller. A move that could help consumers, for whom it should be clear that a highly profitable in power does not always correspond to a high degree of security of the same. Morgan Stanley cut its on securities of Prudential and CGNU increasing it to underweight. According to Morgan Stanley, the two will certainly be among the protagonists of the sector in the long term, but the current prices do not reflect real economic health.

  • Share/Save/Bookmark
Tags: , , , , , , , ,

Related posts

, , , , , , , ,

No Comments

Mediaset in the spotlight thanks to Morgan Stanley

While the letter is hitting the ball TMT, the outstanding performance of Mediaset, which is increasing by 1, 3% with the title again as it approaches the threshold of EUR 9. The led by Fedele Confalonieri was upgraded by Morgan Stanley, which has recommended the purchase in a report expanded to all the European media. The ’s research department in fact reported as favorite titles including the French TF1.

  • Share/Save/Bookmark
Tags: , , , , ,

Related posts

, , , , ,

No Comments

Bulgari: Singapore file their share

Consob announced the same day that the of the State of Singapore has filed its holding Bulgarians, taking it from 3.8% to 2.9%. The operation took place on May 15. Be remembered that the Asian is also present in Tod’s with an interest of 2%. The title moves in soil leggermete positive (0.3% to € 8.3 million) to just under half an hour of the scales Americans.

  • Share/Save/Bookmark
Tags: , , , , , , ,

Related posts

, , , , , , ,

No Comments

Moscow: “Exchanges low coupon adjustments”

Round Square with a few ideas for has to deal with the ex-dividend of many (94 ndr.). “The meeting today is characterized by reduced trade,” says Edoardo Mosca of Investments. “Some European closed, the adjustments for dividends, fears of attacks by Bin Laden and the weak U.S. dollar are affecting the start of this week. Prevedible a fix for today as Wall Street, in spite of European The last eighth scored a substantial increase.

  • Share/Save/Bookmark
Tags: , , , , , , , , , , , ,

Related posts

, , , , , , , , , , , ,

No Comments