The U-turn is pushing the Nasdaq on maximum day STMicroelectronics. The title of the Italian-French is in fact going up 2.16% will exceed 23.60 euros. Good volumes, which have already exceeded the daily average last month. Finmeccanica also will improve the participant: +1.27% to 0.723 euros.
Violent turnabout for Capitalia and Fineco (former Bipop). The title of the bank is in fact losing the Capitoline 2.14% share slipping below 1.42 euros, while Fineco is leaving at ground level 3.03% to 0.57 euros. Capitalia is still undergoing heavy downgrade of WestLB Pnmure that last Friday advised its clients to sell the title, setting a target share price 1.20 euros.
Unicredit launches takeover bid on Onbanca, the bank listed on the New Media Market in Milan, for a value of 32 euros per share. Operation that also enshrines the end of the restructuring plan of the People’s Trade & Industry, the majority shareholder of Onbanca. The end shall come so thoroughly Xelion, the online bank Unicredit and Onbanca.
Edison was awarded, together with Repsol, RWE Dea, exclusive rights to explore and produce hydrocarbons in two new blocks in Algeria, with a potential estimated at 80 billion cubic meters of gas. Thanks to a contract with Sonatrach. Edison will have a share of 25%. The title gives 2.91% to € 2.1 euros.
Travel with the recovery at the close yesterday that Alitalia has left on the ground for 7.4% due to capital and the probable choice of the state to reduce its stake in the carrier by 2003 . Today, the title is traveling in earnings instead of 1, 40% at 0.4140 euros.
Departure rising at the start eighth for Tod’s coming back to share 46 euros. The title of the company founded by Diego Della Valle is rising because of 2.06%.
The exploits of Repsol (+10%) and renewed confidence among investors are pushing on the maximum day the title of the six-legged dog. Eni is rising by 4% testing fee 16.80 euros even though volumes are lower than the daily average last month.
Merrill Lynch has cut its 2002 earnings forecasts of Publicis, which drops from 1.6 to 1.5 euros per share. Expectations on sales in the first half for an increase of 1, 9% to 1.17 billion euros. The U.S. broker maintains a Buy rating on the stock with target lowered from 38 to 35 euros. Right now, Publicis swap to 25.85 euros (+3%).
In the first half of 2002, Saipem has a record of acquisitions in the key field of offshore construction. The contracts have a total value of more than 1,200 million euros. The title of the subsidiary of Eni up today of 2.59% to € 7.69 euros.
Start with a bang for the French telephone giant. Rumors that the state can effectively trans support the company are putting wings Title: +8.7% to 14.19 euros. Yesterday France Telecom had gained 16%.
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