Bags rising but there is concern for GM

Posted in finance on March 9th, 2010 by admin

We go back to breathing on the major centers of the Old Continent, even if you weigh the uncertainty surrounding General Motors and which are circulating rumors about alleged accounting irregularities. Salt, 1, 76% Frankfurt thanks to the good performance of technology including SAP (+5.37%), Siemens (+4.76%) and Infineon (+4.4%). Well also the banking and insurance: Marschollek is catching the 4.93%, Munich Re to 3.9%, while Commerzbank and Allianz are both going up by 3.3%. The CAC 40, meanwhile, closed up 1, 13%. Even in Paris have highlighted a few titles of the sphere tmt: STM (+7.47%), Dassault (+5.22%) and Thomson Multimedia (+2.5%). He lived another day of passion for Telecom which has left on the ground another -7.69%, as Alcatel has lost 5.89%. Vivendi Universal, for its part has sold 8, 3%. London finally ended the session with a slight step forward by 0.21%.

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Focus Dax: Marschollek brink of the abyss

Posted in finance on March 7th, 2010 by admin

Frankfurt is preparing to close the eighth licking deep wounds. The budget is heavy with the index losing a total of over 6.5%. A peak Marschollek (-17%) which weighs enormously the investigation to ascertain the alleged irregularities on the statement. The reassicurativa lost in 2002 over 60%. In crises, including the other players in the banking sector insurance: Muenchener Rue is down 10%, Allianz is faced with a loss of 8, 5%, while Deutsche suffers a fall of 8%. Delude also the field of four-wheel penalized by the decline in sales that has characterized, from early years, the for four wheels in Germany. BMW and Volkswagen respectively lost 11% and 8, 5%, while DaimlerChrysler leaves on the ground for 8%. Among the few survivors titles indicates E. On, which contains the five days an increase of 1, 09%.

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Triumph Bank, Deutsche Bank upgraded the sector

Posted in finance on March 5th, 2010 by admin

A very positive day for the banking sector that benefits from the positive opinion issued by Deutsche . German investment analysts have in fact raised its on the sector increasing from “underweight” to “neutral”. Good starting point, so, for BNL (+3.87%) to 2.175 , IntesaBci (+2.32%) to 3.26 and Unicredito (+1.2%) to 4.67 and Sanpaolo-Imi ( +1.07%) to 10.17 .

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Jun ‘IntesaBci and Unicredito, thud of Bancaroma

Posted in finance on March 4th, 2010 by admin

Bad final session for the two banking giants, stuck in the rental Fiat. Unicredito is losing 2.27% with the title that is at 4.86 while IntesaBci is giving the 1, 64% to closer to the psychological threshold of 3 . Even worse for Banca di Roma: -4.59% to 2.7 also weighed down by the decision of Moody’s to put under observation for a possible downgrade the ratings of long-term. The creditor banks of the Lingotto (also Sanpaolo-Imi) would be ready to recapitalize Fiat in for the acquisition of shares Ferrari.

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Bipop Bank and Roma on their shields

Posted in finance on March 3rd, 2010 by admin

After the correction of yesterday, caused by the ex-dividend and the inherent weakness of the sector, returns on the money duo Bipop-Bancaroma. The title of the is experiencing a rise of 1 Brescia, 39% returning to 2.04 area while the Capitoline salt, 1, 20% at 2.865 . Last Friday was born on the fourth Italian banking group which will be operational by early July and will be called Capitalia. The integration operation involves both the incorporation of Banco di Sicilia, on the other split-offs of Bipop in Bancaroma and a capital increase of over 677.63 million through the issuance of common of the ‘ Institute of Geronzi be allocated to shareholders Bipop according to an ratio equal to 0.345. Of note, forward, that Cesare Geronzi was appointed chairman of Bipop will become consumer with the name of Fineco.

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Unicredito favorite of analysts

Posted in finance on February 27th, 2010 by admin

Traveling at the lower end of the day the title Unicredito moving in 4.77 area. The listing is falling, 1, 10%. The title remains one of the favorites of the banking business when the recovery will occur, many are in fact the reviews on the title to buy square Cordusio.

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Montepaschi fall of 2%

Posted in finance on February 25th, 2010 by admin

bad day for the securities of the banking sector. Stands out in particular the bearish performance of Montepaschi. The title of Siena Institute will forfeit more than 2% just when it seems ever closer to acquire the share of 7.8% stake in BNL now in the hands of the people of Vicenza.

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Germany, the comment of the week

Posted in finance on February 16th, 2010 by admin

The Dax has experienced moments of gold in midweek when he smashed the proportion of 8,000 points, to close Friday at 7599. With the approach of the weekend the German price was driven downward by weak performance in technology . Deutsche Telekom loses, who sold the cable television in the region of Hesse, and earlier this week that had grown through the acquisition of Debis Systemhous. In the tech sector also falls software SAP, which analysts have doubts about the prospects for 2000. For the same reason he gives also Epcos, the active in semiconductors, which recently became the DAX 30.La carmaker DaimlerChrysler has instead bought Mitsubishi Motors. The deal will make it to the Anglo-German group to enter the Asian . The management has however ruled out further acquisitions of a European character in the short term, but has indicated its intention to focus on Internet.Nel banking losses for Commerzbank, which has submitted a budget in the red during the first two months of 2000. The has also denied an imminent merger, as it was whispered in the in the aftermath of the alliance between Deutsche and Drsedner . Commerzbank plans to focus instead to expand in Europe Comdirect, his specializes in online , which should soon be listed.

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The old economy seems to tire London

Posted in finance on February 13th, 2010 by admin

The old economy seems to have already tired to London. The FTSE loses now 0.67%, to 6511 points. Down many of the titles they had won in the past two days, namely the industrial and banking. Investors await the opening of voltage Dow Jones and , but analysts urge caution on the very liquid, as unstable.

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Allianz, the benefits of the merger Db Dresdner

Posted in finance on February 11th, 2010 by admin

The insurance giant Allianz might be what will benefit the most from the merger of Deutsche and Dresdner . The operation in fact, should, according to analysts, open sales channels to the that owns shares in both groups. Allianz, exchanging their holdings with the channels of retailers would have access to 10 million customers. The group Deutsche Dresdner should instead focus on the Global Investment Banking and institutional clients.

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