Posts Tagged services

Union: “Europe can be better America”

Experts agree in saying that European offer potentially higher than American. “This is due to the fact that the American securities now have a more highly than European, but accompanied by a lack of potential for restructuring in the Americas,” said Jens Wilhelm, Managing Director of Union Investment Privatfonds, “In the Country ‘ European Union then they are in the program further liberalization in the economic field that should offer attractive prespettive of growth for Europe. ” Which focus areas at this time wanting to in the ? “We believe the services sector offers good potential as it currently gets the ratings that are still low. Another interesting area is represented by the oil that are able to produce a high cash flow thanks to high oil prices. To However, regarding the technology industry are moving with caution because we believe that the upheavals that have characterized these in recent months will likely continue. We are optimistic about emerging in Central and Eastern Europe that take advantage convergence and the forthcoming entry into the European Union. We must also remember that in Eastern Europe but also in Asia, securities are priced below what their true book value and that see their profits grow. Investors could derive great benefits but do not forget that emerging and funds that in those countries have relatively high risk and therefore it is good that there are only a small proportion in the portfolio of an . “

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EU-Lite Deutsche Post for government loans

The European Commission announced today that Deutsche Post must repay 572 million for the German state. The sum is equivalent to the subsidy that the German postal received to fund its services for the period 1994-1998. The news immediately led to a controversy since DT has denied receiving any aid from the state. If anything, said a spokesman for the group, the state has always received a regular dividend since its majority shareholder with a stake of 69%. The same survey was initiated by the EU last year, against the Italian post office which was closed without any claim to the state. DB is losing the title at this moment the 1, 42% at 69.36 per share.

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Moody’s lowers debt rating on Ericsson

Believing that the telecoms sector is currently lagging behind in infrastructure, Moody’s Investors Services has today downgraded to Baa3 from Baa2 on its long-term debt of the title Ericsson. Also lower the assessment on the debt and short-term prime2 to Prime3. Despite all the title of the Swedish group did not seem to suffer at the where he is scoring a rise above 4%, taking advantage of the technical rebound that is shaping the trends of society ball tmt.

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Pazzaglia: “Pirelli RE to be assessed carefully”

Pirelli & C has chosen to list the subsidiary Pirelli & C Real Estate at a very favorable for the housing , “said Patrizio Pazzaglia, chief investment officer of Insinger de Beaufort, who added:” The property, accomplice a weak , have arrived at good levels and this certainly will be reflected on the prices of initial public offerings, with the risk of buying an action which has in-house asset already close to record assessments, which could deflate if -sharing . I think that we must put much attention to the prices bid and put the title in an already highly diversified portfolio, to avoid exposing too much. A point in favor of the is managing assets of third parties, which generates revenues from services less exposed to the cycles of the housing . Yet I still prefer a title like Astaldi “concludes Pazzaglia,” which incorporates a vision of the positva great works yet to be developed “

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Lehman Brothers says strong buy on Vodafone

The research department of Lehman Brothers has issued a strong buy opinion of the title of British telecom Vodafone, the leading European provider of cellular telephone services. Analysts suggest the title as the favorite in the field. Now Vodafone marks a rise of 2.1% passing from hand to 170 pence.

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Euphon accords with Eutelsat

Euphon has signed an agreement with Eutelsat to develop utility projects that will serve the telecom satellite data and multimedia services tv. The investment will be allocated 70 billion in 10 years of which 15 billion jurisdiction of Italian society.

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Axa and Woolwich agreement on-line

Axa and Woolwich announced it has signed an agreement to create an online service in England. Will be offered both banking services that the Woolwich savings products and insurance Axa. Axa marks -0.49% to 163.20 .

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Momentum rolling at high speed ‘

The Momentum , Joint Venture between the Italian Cremonini and Granada Group has concluded an agreement for 40 million pounds (about 120 billion pounds) with Eurostar for the provision of services on board trains high-speed traveling on the route between the UK and other European countries. The contract, signed every three years, will begin to bear fruit from June this year. A 51% stake in the joint venture is in the hands of Cremonini, while Granada Group holds the remaining 49%. Meanwhile, the title Cremonini, quoted at the Milan , is rising by 3.28% and reaches 2.08 .

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Edison: buy second Cabot

Continued the march of the title Edison, who after a year spent in the shadow returns to arouse the interest of investors. The action is gaining 0.28% and now it is at 8.2 , after having peaked at a height of 8.96 . “Our on the title and buy with a target price of 10.2 , which corresponds to what should be the fair value of the quotation,” says Antonella Bianchessi, utility industry for Cabot, “The reason for this view is due to the strategic position of the group that is well integrated in the electricity and gas sector. This feature provides a strong appeal for the led by Giulio Del Ninno because enables it to offer both services to industrial customers.

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A library texts online

The English group WH Smit, first publishing house in Britain, and the phone British Telecommunications have signed a strategic agreement to strengthen them on the Internet. WH Smit, will become the first library is accessible online by offering its customers access services to network with Bt Through the agreement WH Smith plans to win the next three years approximately 30% of the UK .

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