Analysts at Deutsche Bank have issued a Buy rating on the British title Diageo, with a target price to 1,000 pence. The beverage companies continue to show good growth in both the United Kingdom and the United States. The German broker has estimated sales growth around 9-10%, while earnings per share should increase over the next 3 years. At this time, Diageo exchanges 811 pence a share (+0.7%).
The first signals that come from the Milan Stock Exchange are negative with the derivative that are changing hands at 27,860 points, a decrease of 0.66%.
Ciments Français, the French subsidiary of Italcementi, will launch a takeover bid on the shares of its Greek subsidiary Halyps Building Materials, listed on the Athens Stock Exchange. The offer must receive the approval of the Greek stock (CMC) within 10 days from the filing and will last for 30 days after its approval. At the end of the offer will be launched with the cancellation of the company from list. Ciments Français, holds 94.75% of ordinary shares el’88, 6% of the shares of preferential Halyps. The offering includes 975,979 ordinary shares of nominal value of 1.26 euros, representing 5.25% of total ordinary shares and 4.53% of total capital of Halyps.
Improves performance of the Milan Stock Exchange with an index Mibtel in progress, 1, 83%. A push up the price list are mainly Olivetti, Fiat, Enel and Eni. Tim also did well, IntesaBci and STM.
Black Monday for titles Vivendi Universal and Vivendi Environnement today at the Paris stock exchange are in the grip of heavy sales. The title Universal marks a decline of just over 18% passing from hand to 20.12 euros. Red mark, albeit with a loss more content for Environnement leaving the field to 0.58% to 29.98 euros. Weigh was the announcement of the sale on the market by Universal, 15% of the shares in Environnement.
It ‘another session of heavy discounts for the title of France’s Vivendi Universal, the Paris stock exchange, which scored a loss of 3%, passing from hand to 25.90 euros. The market does not reward the partial transfer of the capital Environmental Environnement. French media giant has sold 12% of the capital Environnement to Deutsche Bank, which should bear the participation for one year.
These are the titles in motor vehicle weighing more German Dax index guide 30. The decline is more pronounced for DaimlerChrysler, which marks -4.45% to 44.05 euros. On the title weighs the possibility that the subsidiary Chrysler is once again due to concerns about its accounts. In particular, deep discounts on some models made in the U.S. could erode profit margins. In sharp downward also exchange Volkswagen (-3.23%) and BMW which leaves at ground level from 2.12%. Weigh the entire sector is also the downward revision made yesterday by Morgan Stanley.
tough day for the securities of European luxury negative trend which does not avoid the title of Swiss Richement, the company’s luxury jeweler Cartier and owner of famous watchmakers such as Panerai and Baume & Mercier. The title marks the Zurich Stock Exchange fell by 4.26%, passing from hand to 34.80 Swiss francs.
The first signals that come from the Milan Stock Exchange are not encouraging with the daughter who has fallen below quota 29mila points, down over 1% in the wake of bad session on Wall Street.
E ‘plans for a summit today in Rome between the vertices of BNL, MPS and members of the two major groups to put the cards on the table of marriage. The nodes are the exchange ratio to be resolved and the business plan, and of course the definition of the appointments.
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