European financial crisis

The difficulties of the German Babcock Borsig and rumors about possible new accounting irregularities (Merck and Reliant) are throwing a little ’shadows on the European financial sector. The letter is trampling on Lloyds (-3.1%), closely followed by Aegon (-2.8%), IntesaBci (-2.8%), SocGen (-2.5%), Munich Re (– 2.7%), Zurich Fin. (-2.5%) And Commerzbank (-2%).

Tags: accounting, Bank, [...]

Moody’s takes a negative prediction about Credit Suisse

Moody’s Investors Service changed to negative the forecast debt of the Swiss financial group Credit Suisse Group. The negative assessment comes after the bad performance of its Winterthur insurance diviisone.

Tags: credit, debt, financial, invest, investor, investors, Swiss

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Continues when the form of Ericsson

The uncertainty that hovers on European financial markets did not appear to affect the title of the Swedish Ericsson, the Stockholm Stock Exchange continued its upward stroke in 3% to 15.6 Swedish kronor. Performance in clear contrast considering for example that rival Nokia leaves at ground level from 2.53% to 14.25 euros. To support the [...]

Commerzbank puts his hands on 10% of Ferrari

Ferrari will speak German. After the rumors came the confirmation: Commerzbank took over 10% of Ferrari from Mediobanca. The transaction is purely financial. This was announced a spokesman of German bank. Remember that Mediobanca bought 34% of Ferrari last eighth.

Tags: Bank, financial

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Stockholm and ‘the worst European stock market

E ‘the Stockholm Stock Exchange bringing up the rear of the financial centers of the old continent. The Swedish OMX index guide marks a decrease of 4.31%, to drag the performance down and especially the title Ericsson leaves at ground level from 9.70%. Telia also hurt to lose 8%.

Tags: Ericsson, euro, exchange, financial, Lev, market, [...]

Piazza Affari the minimum, Fib to share 28mila

worsens the climate in Piazza Affari. Complicity of the negative signals coming from Wall Street and a nasty session of tlc but also financial, the FIB is testing the threshold of 28mila points while the Mibtel is down by 1, 13% at 20,539 points.

Tags: financial

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Fiat sells 15% of Italenergia

should be announced today the sale of 15% of Italenergia to a pool of shareholder banks that have decided to endorse the bailout plan’s financial Turin carmaker Fiat. The solution provides for the sale of almost half of the participation Fiat (currently around 38%) to Banca di Roma, IntesaBci and Sanpaolo. Are not excluded responses [...]

Boots: 2001-02 results better than expected

The British group Boots has closed the financial year 2001-02 with an ordinary profit of 638.7 million pounds from 581.1 million the previous year, while analysts expected results included in range 615-635 mln. Gross profit stood at 595.8 million pounds, while turnover rose to 5.33 billion pounds dai5, 27 billion a year earlier. The pro-forma [...]

Fiat does not change team

E ‘has ribattutto Paolo Cantarella as rumors of a possible mixed up again the vertices of Fiat. Once again it was the Financial Times to raise the alarm, but the denial of the management was immediate. Meanwhile, the agreement reached with the banks not excite the Milan Stock Exchange yesterday after a good start and [...]

Bags, and ‘prevailed downward

Major European markets have closed the reporting dips. The index was more animated than the Spanish (-0.91%), where Repsol has affected the decision to sell 23% of its shareholding in Gas Natural which caused the slip of the title (-5.04%) . The oil company, for its part, has left the field to 4.3%. Even bad [...]