In light of current market difficulties, Merrill Lynch has analyzed the situation in Europe. In the long term, the Banach business has lowered its growth forecast on targeted: it has gone from 16% to 10%. On the other hand, says Merrill Lynch, the risk that the earnings per share may shrink further, it is still [...]
Travels in the negative terrain asset management but loses less of banks and insurance companies. Bipop, that from July 15 will change its name in Fineco, in fact, 1 down, 41%, Fideuram loses 1, 09% and, finally, Mediolanum yields 0.79%. The titles have still lost ground in recent sessions because of the already low confidence [...]
The news that Vivendi Universal would be to reduce a substantial part of its capital in Vivendi Environnement, is having mixed effects on the two stock companies. If, indeed, the title of the group of Jean Marie Messier is marking a rise of 1, 85% at 30.25 euros, VE gives the 1, 69% to 31.95 [...]
travel at different speeds the titles of two operating companies of the group Olympia. While Telecom Italy is experiencing a rise of 0.5% with the action that passes from hand to 8.64 euros, or wake the rest of the European TLC, Tim has been declining by 0.4% to 4.62 euros. For both titles, volumes are [...]
The analyst James Culverwell of Merrill Lynch lowered its rating on GlaxoSmithKline, from Buy to Neutral and estimating a fair value of 1,600 pence. Culverwell has highlighted concerns over the possible impact on the profits of pharmaceutical companies because of the loss of the exclusive license for the antibiotic Augmentin. Glaxo is currently traded at [...]
The opening in red mark on Wall Street is being felt on the major financial centers of Europe. The Cac 40 ended the session by accumulating a delay of 0.95%. Crisis media with Vivendi Universal and TF1 have lost respectively 3.33% and 3.15%. The Nasdaq, meanwhile, has kicked many companies tmt and TLC, including France [...]
After France Telecom, Alcatel today is touched. The bank of analysis Moody’s has, in fact, announced this morning that will monitor its rating on debt of the group led by Serge Tchuruk. The same announcement was made yesterday afternoon on the main French telephone operator. Moody’s said, then, that will review its recommendation on ALATEL [...]
Always on the maximum Numtel hour after the end of trading. The price index of technology, in which there appears no hyphen, rose 4.67%. All very good performance and between them stand out, except for ePlanet traveling on values and not absolute performance measured at the time, CDC (12.99 euros), E. Biscom (46.5 million), It [...]
Closing heavy for the Tokyo Stock Exchange. The Nikkei has indeed marked a decline of 3.28% at 10284th points, the lowest level of the last eight weeks. Leading the poor performance of the Nikkei, Kyocera Corp., Qualcomm Inc. after it failed on its earnings forecasts, giving reason to those who believe that the cut decided [...]
Seat positive the Frankfurt Stock Exchange for the insurance giant Allianz and Dresdner Bank, third largest bank of Germany. Allianz passes from hand to 315 euro rising by 0.8%, while Dresdner Bank marks an increase of 1, 73% to € 46.45 euros. Recall that, following a friendly takeover bid for Allianz about Dresdner, Dresdner Bank [...]