The achievements on European stocks prevail after the mini agreement on banking supervision reached overnight at the European summit. Frankfurt drops 0,35%, Paris -0,32% and London moves close to parity at -0,06%.
Milan is the heaviest with a drop of 1,3% dragged down by Mediaset -4,53% after the Mediobanca report which estimates losses of almost 100 million in the third quarter due to the storm that is hitting the advertising market. Analysts cut the target price downwards to 1,12 euro with an underperform opinion. Finmeccanica also down -3,19% after the indiscretions of Il Mondo according to which the group would have in mind to abandon the IPO hypothesis for the sale of Avio. Furthermore, according to press reports, Hitachi allegedly withdrew from the Ansaldo STS-Breda dossier. At the bottom of the Ftse Mib is 2,95% Stm and Diasorin 2,87%.
Highlights Campari +1,51% after yesterday's slide triggered by industry grievances stemming from Remy Cointreau's accounts. The rise today is favored by the positive outcome of yesterday's bond placement. Buzzi Unicem rises by 1,27% while Impregilo drops 2,22% after the investigation launched by the Antitrust on the strategic agreement with Salini.
After yesterday's collapse, Mps rebounds +0,74% while the other main ones are negative banks: Unicredit -2,15%, Banco -1,43%. Understanding -1,93%. Today the bank reached an agreement with the unions: no redundancies and 1.300 apprentices confirmed. Fiat sells 1,89%: the appeal for Pomigliano was rejected and he will have to hire 145 Fiom workers.
New leap by RCS to +12,54%. "I believe there will be a capital increase" in RCS said today Giovanni Bazoli member of the syndicate pact representing Mittel. Yesterday Proto made an offer to buy the share of Edizione (Benetton) at 3 euros per share.
The Btp-bund spread holds at 312 basis points and a yield of 4,74%. The Bono bund differential is at 370 basis points. Yesterday, on the sidelines of the EU council meeting, the Spanish premier Mariano Rajoy said that "there is nothing at all" about the possible request for a bailout from Spain. "Until I make the announcement, there will be no news," he added.
In the morning, the data on the current account balance of the 27-member Europe was published, which recorded a sharp decrease in the deficit in the second quarter to 6,8 billion euros from the -28,3 billion recorded in the corresponding period of last year . In Italy, Istat communicated industrial orders which in August rose by 0,7% on the month (seasonally adjusted index) and down 9% year on year (raw index). In eight months the drop was 10,1%.
The achievements on European stocks prevail after the mini agreement on banking supervision reached overnight at the European summit. Frankfurt drops 0,35%, Paris -0,32% and London moves close to parity at -0,06%.
Milan is the heaviest with a drop of 1,3% dragged down by Mediaset -4,53% after the Mediobanca report which estimates losses of almost 100 million in the third quarter due to the storm that is hitting the advertising market. Analysts cut the target price downwards to 1,12 euro with an underperform opinion. Finmeccanica also down -3,19% after the indiscretions of Il Mondo according to which the group would have in mind to abandon the IPO hypothesis for the sale of Avio. Furthermore, according to what was reported in the press, Hitachi allegedly withdrew from the Ansaldo STS-Breda dossier. At the bottom of the Ftzse Mib yields 2,95% Stm and Diasorin 2,87%.
Highlights Campari +1,51% after yesterday's slide triggered by the bad moods on the sector deriving from the accounts of Remy Cointreau. The rise today is favored by the positive outcome of yesterday's bond placement. Buzzi Unicem rises by 1,27% while Impregilo drops by 2,22% after the investigation launched by the Antitrust on the strategic agreement with Salini.
After yesterday's collapse, Mps rebounds +0,74% while the other main ones are negative banks: Unicredi -2,15%, Banco -1,43%. Understanding -1,93%. Today the bank reached an agreement with the unions: no redundancies and 1.300 apprentices confirmed
Fiat sells 1,89%. The appeal for Pomigliano was rejected and he will have to hire 145 Fiom operations
New leap by RCS to +12,54%. “I believe there will be a capital increase” in RCS said today Giovanni Bazoli, a member of the syndicate pact representing Mittel. Yesterday Proto made an offer to buy the share of Edizione (Benetton) at 3 euros per share.
Table at FIRSTonline.info
The Btp-bund spread holds at 312 basis points and a yield of 4,74%. The Bono bund differential is at 370 basis points. Yesterday, on the sidelines of the EU council, Spanish Prime Minister Mariano Rajoy said that "there is nothing at all" regarding the possible request for a bailout by Spain. "Until I make the announcement, there will be no news," he added.
In the morning in Europe, the data on the current account balance of the 27-member Europe was published recorded in the second quarter a clear reduction of the deficit to 6,8 billion euros from the -28,3 billion recorded in the corresponding period last year. In Italy, Istat communicated industrial orders which in August rose by 0,7% on the month (seasonally adjusted index) and fell by 9% on the year (raw index). In eight months the drop was 10,1%.
