finance
He can not recover Giacomelli. The title of the company led by Gabriella Spada is in fact slowed down by over 6% share slipping below 1.77 euros, at least for the day. Yesterday Giacomelli bought the chain competitor Longoni Sport for 76 million euros, financed through the bond issue by 100 million issued in March. Giacomelli has thus become the leader of the Italian market with a market share of 14.6%.
Rain of sales on the field of European telephone securities. The one company that comes free of the furies of investors is Deutsche Telekom, whose title is gaining the 1, 23% reported that the share price to 10.7 euros. Sonera and Telia waiting for their merger is falling away from the European Commission, lose respectively 2.14% and 2.21%. KPN pay the consequences of bad results of KPNQwest and now sells 2.3%. France Telecom (-4.15%), meanwhile, returns to red after the performance in last week’s sharp rise, as well as its subsidiary Orange (-4.5%).
There seems to have the strength to recover the price of technological Piazza Affari. The Numtel is in fact registered a decline of 0.6% due to a false start of On Bank (-3.7%), BB Biotech (-3.2%), Finmatica (-1%) and Tiscali (-1% ). Continues, however, interest in Vitaminic that has been suspended for excessive upward at 15.70 euros. Even yesterday Vitaminic has been suspended for almost the entire session. The company has denied any operation on capital.
does not stop the enthusiasm of the Milan Stock for Italgas that is touching new high. The title of the company led by Alberto Meomartini is in fact going up 5.45% of the testing fee 11.85 euro after a maximum intraday 11.95 euros. Very high trade: 8.5 million units compared to an average of 1.4 million. Italgas benefits of resolution dell’Autority Energy, which changed the mechanisms for setting tariffs for local gas distribution companies taking over the Tar signs of Lombardy.
KJ Jacobs confirmed that it had reduced its stake in the Swiss capital of Adecco, the world leader in temporary employment. KJ Jacobs has sold to institutional investors a share of 3.1% directly to institutional investors. The company, however, stated his intention of keeping long the rest of his stake in Adecco. The title of this morning marks the Swiss stock exchange in Zurich a decline of 0.90%, passing from hand to 87.95 Swiss francs. The budget held YTD shows the title give 2.5% of its value.
Session Initiation nightmare for the French telephone giant. France Telecom is in fact losing over 9% with the title changing hands at 11.70 euros, new lows. Be noted that in two sessions FT has lost more than 20%. The company led by Michel Bon is in the eye of the cyclone because of financial difficulties of the German subsidiary Mobilcom.
The record heat of these days turns the spotlight on De Longhi. The title of the company became famous for the Penguin is in fact rising by more than 2% approaching share 5.50 euros after a maximum 5.64 euro intraday. Volumes in the media. Be reported as De Longhi is steadily increasing: from the lows of September has gained 121%.
The macroeconomic data are improving but the recovery may be slower than expected. This is the view of Karim Bertoni, an analyst at Banque Syz & Co. in Geneva. “The recovery will translate into an improvement in the profits of companies but you have to wait and see the range of movement,” said Bertoni, “In general, however, the descent of the last few sessions has resulted in buy some opportunity to be evaluated according to the industry and fundamentals of business. The descent in fact affected more or less all securities without fundamental reasons. It was more like a situation of panic selling. ” But then how to invest? “Search for the interesting titles on the fundamentals,” he continues Bertoni, “including in the hi-tech. And ‘the case of Logitech, a Swiss company that makes keyboards and mice for PC and steering wheels for the Playstation. Logitech has a good spread of products with prices quite content. For this series of reasons despite the crisis the business of the Swiss company has not decreased. Indeed. Growth rates are still high, so the title is to watch. Even pharmaceuticals have lost much, but groups like Novartis, which is among other things, the second largest producer of generic drugs in the world, remains an attractive investment. “
Analysts at KBC Securities maintains a buy recommendation on Vivendi Universal, with a target price of 55 euros. The sale of Canal Digital for 290 million euro represents a first step towards the consolidation of the company and reducing debt. Moreover, according to analysts, the transaction adds clarity to the strategy in the Nordic Canal Plus. At this time, Vivendi Universal share exchanges in Paris 28.18 EUR (+1.08%).
Excellent showdown for the title company’s plant engineering and services group Eni. While the letter is heavily on the Milan Stock Exchange, Saipem is recording a rise of 0.92% testing fee 7.15 euro, thus approaching the maximum of the day.
