The descent of Nokia’s experts for some great explanations. “Overall, the results are not bad. The company has largely kept the estimates while reducing the expected sales of mobile phones in 2002 by 5%,” says Mark Rabuffetti of Management Division of patrimonili Euroconsult, “The group has increased from 37% to 38% market share in mobile phones at the expense of competition. The explanation of the descent of title may be summarized thus negative sentiment that continues to hover on the bags. “
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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.
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After a morning tonic, passed a slight rise, even the Nouveau Marché in Paris slipped on the wire of equality and the trend seems to push the technology index in the red mark. Operators Parisian authorities indicates that the market, especially the Nouveau Marché, is characterized by scrsezza volumes of trade.
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Fears for the new accounting scandals in the United States are made immediately felt on the price lists in Europe, starting the session in decline on the previous Friday. Frankfurt at the time gave the 1, 63% at 4410.01 points, Paris arrears of 0.89% to 3829.08 points, London loses 0.70% to 4583.10 points while leaving the Zurich 1, 55% at 5931.10 points. Even bad Madrid (-0.89%) and Amsterdam (-1.18%).
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The market monitor closely the moves of the Dutch Philips, the giant European consumer electronics. In fact the company is widely exhibited in the capital of French, with a stake of 3.5% or 38.3 million euros. The Dutch company for now has not given feedback, but could decide to depreciate this asset. Today, the title marks a slight drop of 0.35% to 25.81 euros a day after he had lost more than 6%.
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Ugly Tecnodiffusione awakening to the conclusion Opa. Are in fact signed the 35.97% of the new shares issued (1,183,512 shares amounting to about. 3,290,085 total shares of the increase), that a withdrawal is close to 14.787 million euros. Rights not exercised will be offered on the market, by Euromobiliare, stock market during the week from Monday, July 8.
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The U.S. Federal Reserve has left interest rates unchanged in the U.S., apparently not worried by the crisis of confidence that is passing through the markets and that is undermining the resilience of the economy. The interest rate on Fed funds then remain at 1, 75%, the lowest level of the last 41 years.
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Launch of sitting under a rain of sales for the new market of Paris. The Nouveau Marché loses 2.87% to 693 points. The index of technology stocks Paris Bourse head so the new year lows.
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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.
