DrKW confirms buy rating on STM, target to 48 euros

Dresdner Kleinwort Wasserstein has confirmed its rating on STMicroelectronics Buy with a target price of 48 euros per share. According to the German broker, Intel and Motorola have sent positive signals to the business of the Italian-French, which could lead to an increase in orders in the coming months. Right now, STMicro exchange in Milan [...]

LVMH revenue up despite the World Cup

The World Cup football has kept many tourists away from Japanese and Korean luxury shops. A situation that has been felt on the business of LVMH, which has presented this morning the results of its semi. Despite the football, the French group reported in the first six months of 2002, a turnover amounting to 5.82 [...]

DT also wears red

After a splendid start, Deutsche Telekom also slips into negative territory. The title of the German phone giant is in fact losing the 1, 5%, passing from hand to 11.15 euros after a maximum intraday 11.73 euros. On DT, in addition to rumors about a possible rotation of Ron Sommer, rumors continued to circulate on [...]

Finos changes its look to exploit Trussardi

The board of Finos, which indirectly controls Rotondi Evolution on which is being launched by Opa Finos in order to achieve a 100% interest in Round has deliberatedly the merger in the Finos Trussardi 100%, Stars and Art & Entertainment and the simultaneous variation of the name Trussardi SpA The transaction is part of a [...]

SEMI: report inventory / sales of 1.26

The Association Semiconductor Equipment and Materials International (SEMI) said that North American manufacturers of semiconductor equipment showed a relationship between inventory and sales of 1.26. This means that new orders were received for approximately $ 126 each $ 100 of product billed. The association provides an improved business infrastructure for chips in late 2002 and [...]

UBS cuts target price of Alcatel

UBS Warburg has maintained its hold recommendation on the title Alcatel. In return, the home of American business has cut its price target of the French company taking it from 13 to 9 euros. Alcatel, which rumor circulating this morning, according to which the company of Serge Tchuruk is preparing the sale of its share [...]

Eptasim confirmation to buy Reply

Eptasim confirmed the opinion “buy” on the title Reply, active in the corporate e-business, after a meeting with analysts. The target price has been set at a height of 23 euros. Eptasim he expects for 2002 revenue growth of Reply superior to that of the reference market, thanks to dedicated services to the finance sector [...]

SSSB: to outperform Generali; t.p. to 31 euros

Schroder Salomon Smith Barney has maintained its “outperform” on the General after the issuance of quarterly results, which saw a net profit below expectations of the house of American business. General has “laundry” Also the consensus. To justify the maintenance of the rating is the second SSSB, maintenance of operating profit from operations: the results [...]

Saiag: Mol of 1 quart. 2002 in line with 2001

In the first quarter of this year Saiag recorded a consolidated turnover of 120.5 million euros, up from the last quarter of 2001. This figure is however lower than the 132.4 million in the corresponding period in 2001 if made homogeneous by excluding the divested businesses of ITR and including Comital Skultuna. The reduction in [...]

Mondadori and hdp the worst of the media

Day letter for the titles mean square business retreat without exception. Especially in red hdp (-2.33% to 3.15 euro), Mediaset (-2.35% to 7.49 euro) and Mondadori (-3.28% to 6.31 euro). Declines smaller instead for Seat (-0.89% to 0.794 million), L’Espresso (-0.61% to 2.79 euro) and Class (-1.63% to 3.56 euro).

Tags: business, euro

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