Swiss Life: first half loss, announces cuts

The Swiss Life Group has reported in the first half of the year a net loss of 386 million Swiss francs, against a profit of 253 million recorded a year ago due to writedowns of about 624 million francs . Extraordinary expenses are primarily related to participation in Banca del Gottardo, which has accounted for [...]

European stocks regain their strength and pass over the mark ‘

The main financial centers of the old continent navigate back plus sign after a rather uncertain start to the day. Paris rose 1 hours, 25% to 3195 points, doing better than many European counterparts, while Frankfurt marks a rise of 0.48%. London also did well, the stock market less volatile so far, which marks +0.88% [...]

Flounder: “Provisions in the 2nd half too”

“Even in the second half we expect to make further provisions related to restructuring and refocusing of the group over the final exit from Latin America.” He said to. D. of IntesaBci, Corrado Passera, during the presentation to the financial community of three-year plan of the institute. Passera also announced that the Plan does not [...]

General exposed for 90 mln for floods

The insurance group Generali is exposed for a figure that is around 90 million euros for damages related to severe flooding which hit much of Europe in August.

Tags: euro, euros, Lat

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Rasfin and ‘reduce the population of Lodi

Analysts Office Rasfin studies have revised down their opinion on the title of Banca Popolare di Lodi to hold to reduce. The fair value is 8.8 euros per share. Its business plan for 2002-2004 provides for the articulation of the bank’s organizational structure into two separate bank poles and the process of reorganizing the company [...]

League football in the struggle, Snai and Lottomatica stranded

still falling Lottomatica, which yields 0.7% share to 8.29 euros after the slight loss of yesterday, where they went against the trend Mibtel index. The company controlled by De Agostini group could suffer the uncertainties the start of the championship, still in need of repair because of conflicts within the professional league. Lottomatica won because [...]

German technology in the red after opening Wally

The technology stocks of the old continent exacerbate the losses accumulated in the wake weak opening on Wall Street. Epcos The title marks a decrease of 2.98% to 14.31 euros, Infineon loses 2.09%, SAP -2.1%, while Siemens marks left on the ground on 2.71%.

Tags: euro, euros, Lat, stock, stocks

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Milbnerg: “In ‘02 continue ‘the growth [...]

Cac 40: deflating the growth of EADS

At the Paris stock market slows its race title Eads who was traveling in sharp upward of five sessions with an increase of 12%. Today, the title of the jumbo aircraft on the exchange of equal wire passing from hand to 16.05 euros.

Tags: euro, euros, exchange, Lat, market, stock, stock market

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Paris: Peugeot shines YTD [...]

Sanpaolo slips into the 7 euro

When the lower end of the day, around the 7 euros, the title of the group Sanpaolo that later this month will publish six months. Sanpaolo is losing more than 3.5% and now changes hands at 7.17 euros. Sanpaolo is also penalized by the poor performance of the subsidiary Fideuram that is yielding 4%.

Tags: euro, [...]

L’Espresso, profit sem. to 27.4 mln euros

L’Espresso in the first half of 2002 a consolidated profit of 27.4 million euros against 5.2 million the same period of 2001. New initiatives, such as books related to the daily La Repubblica, and the increase in prices more than offset the decline in advertising revenues (-8.6% to 229.9 million euros). Turnover brings to EUR [...]