finance
False start for securities asset management. The heavy fall in U.S. players like JP Morgan and Citigroup is pushing the minimum Mediolanum, which fell below the 6 euro thus registered a loss of 2.50%, Fideuram is decreasing, 1, 85% at 6.27 Bipop while the euro lost 2.80% to 1.35 euros.
Brilliant start of week for the two titles asset management. After the debacle of last Friday, Mediolanum is scoring an increase of 2.70% with the title changing hands at 7.31 euros, while Fideuram salt, 1, 89% at 6.81 euros. Also positive Bipop: +0.9% to 1.57 euros.
Piazza Affari Slips for you start to close slightly higher. The NASDAQ when it marks a gain of 0.24% following the descent of the Nasdaq. Evil titles with the asset management Italgas, BNL, MPS and Tim.
The sales orders have made masters at the Milan where the Mibtel lost 2.29%. The uncertainty is still high and investors prefer to avoid purchases pending further reassuring signals about economic recovery. To make the cost of sales, asset management: Mediolanum, Fideuram and Bipop. Fared no better in the Banking Unicredito and MPS, and insurance. Unicredito today announced that Xelion, SIM multichannel group, will become operational from January 2003 multi-channel bank. In the red for Bulgaria and Mediaset. A peak STM. Basicnet surprising that the wave of enthusiasm for the World Cup, is the sponsor of the National, has closed to +21%. Fiat positive resist in the day when Giancarlo Boschetti presented the plan to revive Fiat Auto.
Plus sign this afternoon for driving games of the old continent, but worse performance of colleagues in technology and telephone. The wait is already on the debut of Ferrari title, which should happen by the end of the year as stated this morning the management of Fiat Auto’s reference shareholder. Analysts are already working to assess its value, but the first doubts are growing. In fact there is no reality in the world comparable to his, considering together the segment reference and the showcase of F1. Porsche may even be placed on the same level as well as the lack of commitment to sport is the fact that the house of Stuttgart is held with only the preference shares. In Frankfurt BMW marks +0.21%, well even DaimlerChrysler (+1.04%) and Volkswagen (+0.71%). On the positive side, which rose 1 also Peugeot, Renault 77% and rising of 0.18% in Paris.
The title of the fixed telephony after a few sessions of heel resume the path of growth and becomes closer to 18 euro fee. According to analysts, the action still has room to grow, aided by new initiatives of management, and is far from the target price identified by the most important sim.
There’s only Ing Bank in the future of Banca Popolare di Lodi. It appears that strategies for growth in asset Managent and in insurance involve other partners Now it is insisted the company’s Australian asset management Amp-Henderson. The title is still today a record increase, albeit modest, after a great sprint yesterday: +1.50% performance, at an altitude of 11.65 euros.
Increase record consolidated revenues of Tecnodiffusione. The company trades on the New Market has in fact closed the ‘99 to share 200 billion lire, an increase of 43% compared to ‘98. Impressive growth for the gross operating margin, which reached 9.3 billion (+60%). “These findings are the result of excellent teamwork,” said the General Manager of Kraft Tecnodiffusione Bruno, and continues: “at a proper business plan, the company has managed to combine sound management of overhead costs and investment . Despite the results have exceeded expectations, the shares closed yesterday at 88.75 euros, scoring a depreciation of 1, 35%.
The management of General Motors nomimato G. Richard Wagoner new CEO of the giant automobile use in place of Jack Smith, who will play his clothes instead of president. The title, which had gained 5.8% yesterday after announcing a major restructuring and Pain by the transfer of a share of the Hughes Electronics satellite, oggista losing 2.2% to € 83, $ 4.
Mediaset Investment, a Luxembourg company cash management and leader of the international activities related to the Mediaset group, said that adhere to Euro Venture Fund, a venture capital fund sponsored by the Fininvest Group and American partners Invesco Private Capital . Mediaset Investment in the fund will invest 5 million dollars. The title of the Mediaset Group is making in meeting today to grant an increase of 2.61% grazing the 16.59 euros.
