Analysts at JP Morgan have revised downward their opinion on the title of French telecom Orange, the mobile phone center of France Télécom. The previous assessment was revised to positive market perform. Remains unchanged price target to 8.50 euros. JP Morgan points out, however, that the title retains a considerable store of value for investors in the long run to 2-3 years.
JP Morgan to lower the assessment on Orange
March 18th, 2010 by admin No comments »Telia: restructuring activities’ global
March 18th, 2010 by admin No comments »The Swedish telecommunications company Telia intends to proceed with a radical restructuring of its global operations, with associated costs and write-downs for about 9.5 billion Swedish kronor. Under the plan will close plants in Asia, the business voice services to resellers in the United Kingdom and those skills will be discontinued in the United States, to focus on the services of “Wholesale Business”. Sweden will also be concentrated in the resources employed in sales, finance, administration and customer care. The international division of Telia in 2003 will thus achieve a positive cash flow adjusted for restructuring charges.
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The eighth ends sharply upward
March 18th, 2010 by admin No comments »It ‘was a positive session for the last eighth of the Milan Stock Exchange but was even better for the other European exchanges. In Milan the Mibtel index finished with a gain of 2.19% while Paris and Frankfurt marked +3.42% and +3.20% respectively. Budget very positive for Mediaset in the wake of the performance of the sector. At the same time Mediaset has benefited from the voices of an imminent sale of Blockbuster to Viacom American. Shields on STM and Eni, an oil price back on top of the last eleven months. Good asset management, Sanpaolo, Ras and Fiat. Spotlights also IntesaBci that next Monday will announce the business plan for 2003-2005. In the red instead for Italcementi and Parmalat. Gandalf has shone in the new market as they prepare for the new shareholding.
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Oil inflames the title of Eni
March 18th, 2010 by admin No comments »Oil is now back on the maximum of the last eleven months and benefit from, among others, and Eni. The title of the oil giant led by Vittorio Mincato it passes from hand to 15.61 euros an increase of 3.29%. Eni is thus increasingly away from a low of 13.19 euros registered in the period July 23 last year.
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IntesaBci, waiting for the business plan
March 18th, 2010 by admin No comments »Proceed on the maximum values of this session the group’s title IntesaBci in gain of 1, 09% to € 2.32 euro. The market is waiting for the meeting next Monday, September 9 between the vertices of IntesaBci and the financial community in which the ad Corrado Passera will announce the group’s industrial plan for 2003-2005.
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Highways, Lehman Confirms Findings
March 18th, 2010 by admin No comments »Good start for highways. The title of the company led by Gian Maria Gros-Pietro is in fact rose by 0.6%, passing from hand to 8.85 euros. This morning, the analysts at Lehman Brothers have confirmed the assessment on Highways “equal-weight” with a target price to 9.6 euros.
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Fin.Part confirms talks with LAFICO
March 18th, 2010 by admin No comments »The LAFICO, financial Gaddafi, is negotiating to enter the capital Fin.Part, as part of a comprehensive capital transactions. The textile group stressed that negotiations are under negotiation and that the arrival of LAFICO and others in the shareholding structure will be to the next board, scheduled for September 12.
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Thud of Logic, accounts indigestible
March 18th, 2010 by admin No comments »Do not stop sales on Logic. The six-month to put it mildly negative and gloomy forecasts for the near future are literally burying the title British technology: -16% 132 pence. Logic, which specializes in IT services, has closed the first half of the year with a decline of 25% of profits.