It seems a bit back ‘optimism on the markets even if the uncertainty and nervousness due to the continuous scandals budgets could to change the mood among traders. “At this point it is important that the Milan Stock Exchange to remain above 27700-27800 points. The market could well make a base, which could push up to the 29,800-resistance of 30 thousand points,” said by Dresdner Bank. “Today, operators are waiting to know what will the United States President George W Bush, on Wall Street. Given that pulls the air, we think it unlikely scare the markets.”
Tags:
Bank,
exchange,
market,
markets,
stock,
United States
Related posts
The news came from the United States late on Wednesday on the U.S. giant WorldCom has admitted to having made up the budget for an amount of 3.8 billion dollars and is now at risk of bankruptcy has undermined the lack of confidence that the rebound in European markets showed yesterday and drove back to selling by all sectors. A quick recovery, however, led the final Mibtel to close down, 1, 18%. The exchanges have pushed downwards especially banks that may be involved in the case of Worldcom. First of Banca di Roma and BNL, although the latter has denied. Denials has been voiced by Sanpaolo and IntesaBci. Deep red for Pirelli, always suffered from a second black day of Pirelli Real Estate, Olivetti, STM, Bipop and Mediobanca. Recovered instead toward equality in the end titles of the galaxy Eni. Positive Mediaset, Ras and IntesaBci. In rewriting the title Seat. Seat rumors were circulating about a possible sale of the Yellow Pages division in order to raise cash. A Piazza Affari have pursued other indiscretions, particularly on the supply to Mediobanca 35% of Ferrari. Just the board will meet tomorrow to Fiat, which owns 90% of Ferrari, and an executive committee of Mediobanca, which in all likelihood should evaluate the operation.
Tags:
Bank,
banks,
Dollar,
dollars,
equality,
euro,
exchange,
ipo,
Lat,
market,
markets,
New,
Real,
United States,
world
Related posts
Closing a sharp decline for the major financial centers of the Old Continent, scuppered by the downturn in technology stocks and telephone. London after the break yesterday, returned today in the field by closing the session with a fall of 1, 64%. They are marked in red the performance of some banking stocks, including Royal Bank of Scotland (-3.74%), and Emi (-3.69%). On the same level of loss, the CAC 40 (-1.62%). Frana Orange (-6.62% to 5.5 euro, the lowest ever achieved), into a coma France Telecom (-3.88%) and bleeding profusely Alcatel (-2.96%). Time low even for Vivendi Universal has reached today the price of 30 euros per share. In Frankfurt, however, the index is traveling behind the 0.62%. On shields Infineon earning 4.45% enjoying increased productivity in the United States, but it is a drop in the sea. All other players, in fact, are staggering alarmingly. Red alert for SAP (-5.61%) and Deutsche Bank (-2.55%). France Telecom, meanwhile, is leaving the ground 0.62% to 12.72 euros.
Tags:
Bank,
banking,
euro,
euros,
financial,
Franc,
France,
invest,
investor,
investors,
Lev,
stock,
stocks,
United States
Related posts
slight recovery for the index in Milan, marking a decline of 5.6% versus -7% opening, in line with the main markets of the old continent, infected by the panic that has spread the United States and that has engulfed indiscriminately old and new economy. A Piazza Affari imperative minus sign. Reduction Bipop, Mediolanum, AEM and Fideuram. Even bad phone and media. Many of the titles of the New Market finally fail to enter into contracts for excessive ribasso.Riescono to stem losses of banking and insurance. Exception Mediobanca, which earns more than 4%.
Tags:
Bank,
banking,
economy,
euro,
ipo,
market,
markets,
New,
United States
Related posts
The long-awaited rally in early summer could slip at the end of the season: This is the opinion of some managers, who say they are still confident about the possibility of a short-term recovery for the Italian financial market. “We are optimistic about the stock market and on the Italian in particular,” said Fabrizia Bottiroli, manager of Credit Suisse First Boston, “For two reasons: firstly, the rally of late summer, which I believe will start not before the end of the month August, will feature the titles of the sphere and the TMT Italian list is what has the biggest weight on the sector and thus could put in place the largest increase, on the other hand, if the trend continues Side Italy can benefit from a slight spin sector which is already in place and that has offset the losses of the phone. I do not expect a big rally anyway, and what it will look after the decision that the Fed will take on the U.S. interest rate increases the August 22, last chance for further work since then enter into the election period in the United States. “
Tags:
credit,
financial,
Italy,
Lat,
market,
stock,
stock market,
trend,
United States
Related posts
The U.S. group mobile VoiceStream, recently acquired by German giant Deutsche Telekom, today announced it has acquired Powertel, U.S. mobile operator, for 5.89 billion dollars. Powertel shareholders will receive 2.63 shares of its common stock for a TD. Powertel is present in the Southeast United States.
Tags:
Dollar,
dollars,
mobile,
South,
stock,
United States
Related posts
Seat has announced the resignation of Lorenzo Pellicioli, chairman and former CEO of the company before the change of control of the Olivetti group. The company had canceled the conference call scheduled for this afternoon after the tragic events that affected the United States.
Tags:
company,
United States
Related posts
The UK airline British Airways has announced it will reduce its workforce by about 7 thousand units, as a result of the terrorist attacks last week in the United States. Already al’inizio of September, the company had announced cuts of 1,800 jobs. In particular, British Airways provides a marked drop in passengers on transatlantic routes, which represent 38% of total traffic. The title BA now shows a decline of 7.4% at the London Stock Exchange, trading at 151 pence.
Tags:
British,
company,
exchange,
job,
jobs,
stock,
trading,
United States
Related posts
The title of Britain’s Michael Page, which specializes in research and personnel selection, slipping 11 .38% to 168 pence after the announcement of a slowdown in demand for its financial services, due to a heightened weakness in the economies of Australia and the United States. Michael Page should close the first half without reaching the levels previously estimated growth (+19% of sales, 17% of gross profits). Operating profit is now expected in line with that reported in 2000 and amounted to 42.5 million pounds.
Tags:
Australia,
financial,
Lev,
Pound,
profit,
rating,
report,
services,
United States
Related posts
L ‘technical analyst for Studies and Investment Securities reiterates that today was overall positive for the index Mibtel, which finally passed the resistance placed at a height of 28,210, although “The relevant signals The trend, though, came from the United States after 29 May, the first day after they say the release of data on the GDP deflator and the confidence index of the state of Michigan “
Tags:
analyst,
invest,
investment,
Lat,
Lev,
trend,
United States
Related posts