Posts Tagged ‘corporate’

Union: “Shooting at year end, underweight the shares Us”

Sunday, March 7th, 2010

“In May, the U.S. have suffered from extreme volatility determined by the contrasting economic landscape popular with operators who have varied between hopes for stronger growth and disappointments for a slow economic recovery “explain by Union . “ participants have maintained a conservative approach to investments in equity-data warnings of terrorist attacks. In addition, more negative news came from the high-tech sector, with Goldman Sachs has lowered its forecast for at least 26 software. The future is not exactly rosy. ‘And’ We believe that a marked economic improvement will not be possible so soon, “going on for Union . “This also means that forecasts for corporate profits should be more accurate and realistic. We are confident in the latter part of this year imagining a more sustainable growth. At the moment, however, rimanegono underweight U.S. equities in the portfolios resources than our weight given by the MSCI World Index.

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Telsey tip to listing

Friday, February 26th, 2010

Telsey, Treviso that designs and manufactures transmission equipment and measuring instruments for next generation access networks, is planning the listing by the end of 2001 or early 2002. The entry into Telsey, in June 2001 by Antonello Madonna as Chief Executive Officer, fits strategically with the process of expansion of this in a few years it has gained the leadership. Given its deep-rooted and recognized expertise, Madonna will be responsible for coordinating corporate strategies and supervise the evolution of the marketing. Madonna comes from Agilent Technologies, where he held the position of vice president.

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MPS looks to alliances abroad

Thursday, February 18th, 2010

The Monte dei Paschi di Siena is looking abroad to find an industrial partner in defined areas such as corporate banking, while on the Italian front will continue the process of aggregation with banks of small and medium size. These strategic lines outlined by the President of the Sienese Pierluigi Fabrizi, during the meeting for the presentation of the acquisition of Banca del Salento. Fabrizi denied any negotiation for the acquisition of BNL, while on the front insurance has denied rumors of an approach to the land. To share in S. Paolo Imi, Fabrizi said that it is a strategic reserve and that for the moment, there is the will to give it away.

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Milan Stock Exchange closes remained depressed

Monday, February 15th, 2010

now we can speak of correction for the Italian , closing at a loss, although slight, for the third straight day. Disappoint the securities of the team of Roberto Colaninno, both with the operating Telecom and Tim Holding that with Olivetti and Tecnost. Still very penalized Seat (-6%), growing in shade despite agreements with Tin.it. The attention of the players has brought about more traditional corporate bonds, as banks and insurance that, in recent days by announcing their results, were able to reward shareholders with attractive profitability and in terms of profits in dividends. In this sense must be given the positive performance of titles like Rolo Banca San Paolo Imi, Unicredito, Alliance and General. Very well made too Mediaset and Mediolanum, which could benefit from the landing on the the portal Jumpy. The balance of the day is slightly negative: the Mibtel closed at a loss of 0.19%, while the Mib 30 left him 0.20% on the field.

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La Caixa owns 3.83% of Deutsche Bank

Tuesday, February 9th, 2010

The Catalan savings La Caixa said it had increased its stake in Deutsche bringing it to 3.83%. The operation is part of the STRATEGY in corporate groups, with base in the European Community and with good prospects for growth and stability, implemented by the Spanish savings . La Caixa has recently brought its stake in Endesa, the Spanish and French Suez Lyonnaise respectively at 4.98% and 1, 58%.

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Unicredito: BNL and BBVA have not priority ‘

Sunday, February 7th, 2010

During today’s meeting with analysts, Alessandro Profumo, CEO of Unicredito Italian, explained in detail the expansion strategies on the Internet that the group will pursue in the near future, and which had been only mentioned by the Board on March 29. The institute will over the next 3-5 years about two thousand billion lire, creating two virtual banks, one for the score of mass (mass ) and another for the wealthy clientele. Kataweb, the portal of Gruppo Editoriale L’Espresso, will provide technological support and content portals. “The idea-Pacifici said Francis, an analyst at Centrosim-is to focus, through an aggressive online strategy, a cost reduction of 15% in 5 years, and a simultaneous increase in the score of 30% (currently Unicredito group counts on 5.3 million customers). To achieve this, the will focus on customer segmentation and will focus on restructuring the group into three segments: retail, corporate and private, each with highly specific skills, and able to respond to specialized customer requirements. The goals can be achieved by transferring all the elementary operations on the Internet, including the of listed securities and subsidiaries will be allocated to that type of operations that require high professionalism. As regards the part of strategic alliances, Profumo said that for now the files BNL and BBVA have not priorities. Unicredito Italian earns the title when the 6.64% and is 4:53 .

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Rhodia, the end of April the newly issued bonds

Friday, January 15th, 2010

Rhodia has delegated to BNP Paribas, HSBC, Natexis BP and Fortis to handle the bond issue that will be launched on April 30. On the German group, which operates in the chemical, pharmaceutical and cosmetics, currently a corporate debt burden of 2.7 billion . At this moment the title Rhodia is gaining more than 3%.

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Moody’s rejects the Japanese insurance

Thursday, January 14th, 2010

Moody’s Ivestor Service has downgraded its assessment on eight insurance considered them negative. “Our analysis led us to conclude that the insurance industry is not just great difficulty to recover,” explained Moody’s argument that the causes of poor prospects lie in limited benefit from subsidies provided to strengthen the corporate capital and the uncertainty that prevails the possibility of outside financing. over which the agency analysis gave a negative opinion are Daido Life, Dai-ici, Fukuoco, Meji, Mitsubishi, Nippon Life, Sumitomo and Yasuda

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Berle: “Doubts up to 29, awaiting the Fed”

Thursday, December 31st, 2009

The moves in an increasingly narrow range of prices, index of uncertainty after recovery from the lows of September reported that the lists close to the long-term downward line. “It’s hard to say where we’ll debut-Berle Conrad, manager for equity Italy Euromobiliare SGR.” On January 29, the FOMC meets and this time there is no guarantee a cut in U.S. interest rates, equivalent to saying that as yet little or nothing has changed. The problem is that a re-start the economy may not translate into corporate profits and therefore the titles might not leave. consumers have hitherto held by the pressure on prices, which narrows the margins and does not provide visibility of the benefits. The restructuring corporate America has also lost jobs and this could cause a decrease in the propensity to consume. These are still issues to be ironed to the , and it is best to continue to sail in sight. “

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Nomura “pulls” its optimism

Monday, December 28th, 2009

The European started the year well, led by recovery in the technology sector. Nomura analysts believe that the current strength of the scales is attributable not only good news on the economic front but also by fear of missing the rally taking place. “We still care for what will be the response of corporate earnings in the first half, but in this moment is not a reason to stay away from the . Our advice is simple: get on board.”

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