Posts Tagged management
Fiat sells Teksid but pays the effect Brazil
Turin The House has placed on the market Teksid aluminum division, completing a transaction by 460 million euros, which can lower the net debt of 290 million euros. The buyer is Questor Management Company, a private equity fund based in Michigan.
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Jun ‘Mediolanum Fideuram and Bipop
The asset management business has no respite. A timid recovery in early trading and then the descent, now inexorable. The lack of confidence in the stock exchanges, undermined every day by news of the new face of corporate scandals, did not report on sunny mutual funds. Mediolanum therefore yields 2.45%, 2.82% and loses Fideuram Bipop leaves at ground level from 2.33%.
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Unicredito strengthens in Turkey
are becoming increasingly close relations between the group led by Alessandro Profumo and Turkey. The sixth largest bank private Kocbank, has signed a letter of intent with Unicredito for the creation of a joint partnership in financial services in Koç Financial Services (KFS). At the end of 2001, KFS had 4.4 billion dollars in assets and 636 million dollars in client assets under management. Unicredito is recording a rise of 0.5% with the title he won back share 5 euros.
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Rain purchases in Milan
Day of sunshine on European markets that were soon recovered from the shock of yesterday’s plane crash that hit the United States. World markets reserve every day new surprises to investors. In Milan the Mibtel index thus achieved an increase of 2.73%, outclassed by a new market gain of 4.88%. Leading the rise today because they were primarily the actions of the technology sector and the Nuovo Mercato in Italy was not less with the suspension for excessive upward ePlanet. Olivetti was on the main list to make the lion’s share, in the wake of quarterly expectations due to be published this evening. Budget positive for the rest of the galaxy Tronchetti Provera and particularly for Seat. At the market liked the strategy announced reorganization of the Turin group. Also proven asset management in the wake of Mediolanum. Excellent upward by Saipem in the wake of a brilliant quarter. The common stock of Alliance RNC and instead were suspended from trading pending a statement. Voices speak of a possible conversion of the RNC in stock.
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Milan to tie ‘, slips Sao Paulo
Milan is a draw. Rising securities asset management Fideraum and Medialanum but Alliance. In soil also positive Pirelli, Unicredito and Tim. Eni in red instead on the weak oil prices, but which could especially Sao Paulo second in market rumors worse results expected by the next quarter that will be presented settimana.Il New Market remains unchanged, with Dmail which yields 10% with continued high trading volumes.