FT, a typing error in the title hurts

Friday afternoon, at the close of trade, an error in a news broadcast has caused it to rain on the title of France Telecom a number of sell orders. At the end of the session, the budget was heavy: the title has lost more than 5%. Today, however, came the reply. The rating from Standard & Poor’s is not a downgrade to BB, as appeared Friday on the screens of international news agency, but an upgrade BBB +. Conscience got the error, this afternoon, the traders wanted to compensate the injustice suffered by the French wrong. The title, in fact, is to travel back in positive terrain after a worrying start to the session again. In this moment the France Telecom shares are worth 30.22 euros (+0.07%). Many analysts believe, however, that before the close of stock market gain will be greater.

Tags: analyst, euro, euros, Franc, France, market, New, rating, stock, stock market

Related posts

• ABN Amro cuts credit rating on France Telecom (0)
• Sinking Lazio, Roma pay the balance of yesterday (0)
• Milan closes slightly up (0)
• First Ind. Auditors good in a crumbling New mkt (0)
• European shares scuppered by Nasdaq and Fortis (0)

Tags: analyst, euro, euros, Franc, France, market, New, rating, stock, stock market

This entry was posted on January 09th, 2010 and is filed under finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.