Posts Tagged euro

Tod’s free fall to 42 euros

ruins down for the title of the Tod’s down to 42 , down 4.45%. The title of the Diego Della Valle has touched a minimum of sitting at a height of 41.5 and is still the worst under the basket Midex.

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Tech Europe suffered in red on Nasdaq wake

Top of the day difficult for the European technology sector after the collapse of the U.S. indices registered yesterday. Among individual , are the remarkable descents Equant (-6.29%), Infogrames (-5.88%), Getronics (-4.71%), Nokia (-4.70%) and Dassault Systemes (– 3.47%). Even bad Alcatel (-3.14%), ASML Holding (-2.78%), Infineon (-1.95%) and Siemens (-1.26%).

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NM through the Nasdaq in positive

E. Biscom (+2.3% to 25.3 million) and Tiscali (+1.1% to 5.76 million) bringing the Numtel positive after a negative start in the morning. The two major titles in the list are drawn from lists technological Italian Americans, in the lead, all the better. Remains negative only BB Biotech, which yields the 1, 5% at 41.85 . Among the titles minors always good Acotel, AISOFTW (much higher than the average volumes traded), Algol, CHL, Dmail, CTO and Digital Bros, with all increases above 5%.

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Sale Nokia, Biggs: “Upside of 50% in three months”

The jump in U.S. futures is warming the atmosphere around Nokia, which has returned over 13 so scoring a rise of almost 2%. On the Finnish giant come good news. Barton Biggs, global strategist at Morgan Stanley, has declared that Nokia has possible upside of 50% over the next three months.

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Resists Bipop, male Mediolanum

opposing trends in the securities of assets under management. While Bipop (+0.1%) appears to have the strength to resist the letter, Mediolanum is burdened by the downgrade came this morning from Morgan Stanley (underweight with a target price to 5.95 ) but also from reversing course on Wall Street. The title of the run by Ennio Doris is yielding more than 2.1% slip under 6 . In red even Fideuram -1.7% to 5.76 .

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Lehman upgraded Alstom, Siemens reduced at the target

Analysts at Lehman Brothers raised its recommendation on Alstom, from Perform to Buy with a target price of 18 per share. The broker also cut its price target for Siemens 60 to 50 a share. At this time, the title changes hands Alstom in Paris at 10.72 (+1.13%) and Siemens switches to 61.25 in Frankfurt (-2%).

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Acotel: Sanpaolo Imi comes from capital

Sanpaolo-Imi Asset Management has left the capital Acotel, listed on the Nuovo Mercato. The SGR had a 4.58% stake, sold on June 27. The title today scored an increase of 4.3% at 15.96 , the price increase between the best today’s technology. With the release of Sanpaolo, one of the partners of the remains only Suisse.

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Uncertain oil to European markets

Even the titles petroleum Europeans remain opposed in the early afternoon, in a highly uncertain environment for the bad news coming from the United States. Upward highlight Saipem (+2.66%), TotalFinaElf (+0.66%) and Shell (+0.1%) and Repsol shares exchanged in the red (-1.45%), BP ( -0.90%), Statoil (-0.72%). Royal Dutch unchanged.

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Castorama, Rothschild’s been flying under the

Brilliant sitting in Paris by Castorama Dubois. The green light given by Rothschild and Op Kingfisher, acting as independent advisor transaction, is driving up the title trans: +2.81% to 65.9 . Remember that the distribution group has offered 3.3 billion pounds: the offer is 67 per share for 45% of the French that still does not have. Unchanged, Kingfisher: -0.1%.

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CSFB back to cover the European tech giants

Suisse First Boston initiated coverage of the securities again hi-tech European Nokia, Ericsson and Alcatel. Nokia is judged Buy with a target to 17 , Ericsson and Sell with a target to 9 crowns while Alcatel has a Hold and a price target to 7 depending on the home .

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