Analysts at Lehman Brothers confirmed their positive view on the title British American Tobacco. The advice is to buy the license (buy) with a target price of 805 pence. According to analysts the group Bat would be well positioned to win the privatization of the Italian tobacco.
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Societe Generale’s net profit decreased by 41% to 376 million euros in the second quarter of fiscal 2002, a figure lower than analysts’ expectations. ROE fell to 9.8% versus 18.4% a year earlier.
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European shares tested new lows of the day just as they get ready to face the last moments of trading. Paris strikes a decrease of 4%, even bad Frankfurt lost almost 3% while the FTSE 100 in London marked a decrease of 3.22%. European stock market is worse than that of Amsterdam marking -5%.
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Lev,
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Industry and Pontelambro SAIAG have finalized the agreement under which Pontelambro Industries will acquire a stake equal to 75% in Saiag Industries (Group Companies Saiag) whose Cobra Division specializes in the production of calendered and thermoformed to various industrial applications including automotive ones.
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companies,
Rial
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Excellent sitting at the Paris stock exchange for the title of the company aircraft EADS, the European group that monitors the famous manufacturer of Airbus airliners. The title marks an increase of 3.04%, passing from hand to 16.25 euros, for this is the fifth straight session Eads spent in the plus sign. To support the title is the news that after a good quarter Lufthansa has decided to purchase 10 new Airbus aircraft.
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remains in negative territory the index guide in Frankfurt. The Dax 30 marks a decline of 0.86%. Have to weigh the negative performance of Deutsche Telekom, which marks -3%, BMW lost 2.5%, even bad Infineon with -3.25%. In stark contrast to the title of the airline Lufthansa that after a good quarter marks an increase of 5.92%.
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Close in negative territory almost all major financial centers of the old continent with Madrid to make the lagging thing. The Ibex 35 closed with a fall of 5%. In Paris the Cac 40 marks in contracts -0.47%, the London FTSE 100 has instead yielded 0.52%. Red mark for Frankfurt, where trade should continue, with Frankfurt’s DAX 30 falling by 1, 21%.
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The title of the list of worst Midex is currently that of the food group Parmalat, which sells more than 4% and changing hands at 2.7050 euros. Parmalat aims to reduce its presence in Brazil, where the group is highly exposed, and acquired 25% of an Austrian company which will act as a bridgehead for expansion in Eastern Europe.
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Austria,
Brazil,
company,
euro,
euros,
finance,
Lat
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Air One filed a complaint against the Antitrust agreement between Alitalia and Volare. The news was revealed by the same group of top Air One at the press conference on results.
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It ‘bag of Madrid, the European stock market with the performance intraday worst. The guide Ibex 35 index marks a decrease of 3.35% at 6434 points. Bump for the title BSCH leaves on the ground more than 9% of its value. BBVA also hurt by -4.8%. Among the signs less evident also that of Telefonica loses more than 5%.
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stock market
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