The market is still breathing with the negativity that Mibtel loses 1, 4% and -3.4% Numtel marking back on the levels of November ‘99. I have many red marks on the market in sharp decline mistakes that loses 5% Intesa, BNL and Pirelli -3.4% marks. the new market sales were cut down instead on e.Biscom (-5.5%) and Tiscali losing over 4% .
Tecnodiffusione not appear to have the strength to stop the downward acceleration came after the decision by Luciano Panichi, chairman and majority shareholder absolute, not to participate pro-rata capital increase in place at this time . The title gives 6.9% to € 12.7 euros. The new shares will be paid 12.5 euros, compared with an earlier increase in stock price (taken as a basis for pricing the new shares) in close to 20 euros. The rights in the contract until June 14, are falling sharply, and suspended with a theoretical price equal to 0.4 million (-50%).
Piazza Affari in negative terrain. Mibtel loses 1, 2% by testing new lows of the day while the Numtel leaves on the ground 1, 96%. Many red marks Mib 30 index guide, among the worst performing ones: Bipop (-3.9%), ST Microelectronics (-4%) and Mediaset, which marks a decrease of 2.33%. In stark contrast to the plus sign to the Intesa (+1.58%) also well Sao Paulo (+1%). In terms of the Euro currency continues to swing upward and is worth 93 cents.
blow to the European aerospace company EADS, which has been a refusal by the Dutch KLM purchase of its new Airbus A380 model. The Dutch airline has in fact preferred to buy smaller planes from U.S. rival Boeing. Title EADS marks the Paris stock exchange a decline of 0.94% to 16.83 euros.
Dai Nippon Printing, the leading worldwide manufacturer of photomasks, and the Franco-Italian STMicroelectronics, the world’s third largest supplier of semiconductor devices, announced the formation of a strategic alliance to develop and provision of advanced and leading-edge photomasks, a critical component in the manufacture of silicon integrated circuits. Pasquale Pistorio, president and CEO of ST, said: “Our strategic alliances with customers and suppliers have played a key role in leap made by ST at the top of the semiconductor industry. The incredible speed of the development of semiconductors, which is the basis for the progress of all major electronics markets, can only be maintained if we are even closer relations between all actors in the supply chain. This new alliance with the world’s leading supplier of photomasks will help us to maintain the impetus to our most advanced frontiers of the most important global industry. “
The leaders of the German fashion house Hugo Boss, which is part of the Marzotto Group, claimed to be unable to meet the estimates of expected return for this year because of weakness in the U.S. market. The news follows the collapse that has the title last Friday in Frankfurt, where it is listed, dragging with it the title of Marzotto. The revised estimates has driven down the forecast net profit to 95 million euros for 2002 instead of the 107 million previously expected and in line with 2001.
The board of Dmail Gianluigi Viganò Group appoints new managing director. Viganò, former managing director of the subsidiary D-Media, will work with President Joaquim Soares development and integration of the various activities of the group. The title currently yields 0.5 to 4.92 euros.
Kirch Media’s salvation lies in the hands of UBS Warburg. The German media group, which has declared its bankruptcy on 8 April, the bank has delegated the task of finding business as soon as new investors. UBS therefore propose its rescue plan that provides for the sale of various assets of the German group but not that of ProSieben Sat, the chain of television license plate Kirch. The amount needed to maintain the life of Kirch Media, estimated by analysts, is around one billion euros.