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Piazza Affari queen of Europe, comeback with the banks

The recovery of the European lists starts from Wall Street, with the Nasdaq turning positive thanks to the exploits of Facebook and Dreamworks – Milan is the best, followed by Frankfurt: London and Paris close in the red instead, but recovering in the final – Dragging the FTSE Mib is always Saipem, followed by Popolari and Telecom Italia – Risale Generali after the shareholders' meeting.

Piazza Affari recovers in the afternoon and is in the end the best European list: +1,21% to touch 19.000 basis points. Frankfurt +0,21% and London +0,04% are also in positive territory, recovering and Paris -0,04% just short of parity. In a day started badly in the wake of the Fed and the Asian markets (the Nikkei closed at more than -3%), the discrete news from overseas gave the partial turnaround in the afternoon: the US GDP continues to grow, albeit at the slowest pace for two years now, and the Nasdaq has turned positive thanks also to Facebook's super accounts. Zuckerberg's giant advanced by 9,7% already in the pre-market. After the disappointing quarterly results of Apple and Twitter, Facebook has therefore taken care of presenting exciting results: +52% for turnover, profits up 15%, +16% average users and growing advertising sales. Still on the American Stock Exchange, the market also toasts to marriage between NBCUniversal, a division of Comcast, and DreamWorks Animation. Acquired for 3,8 billion dollars, the film studio behind successes such as "Shrek" and "Kung Fu Panda" takes off on the Stock Exchange: the title earns at 17 pm in Italy, gaining 24% to 39,93 dollars.

In Milan, on the other hand, it is the banks, especially the Popolari, that give breath to the stock exchange Bper, Bpm and Banco Popolare among the best stocks of the Ftse Mib with earnings around +4%. Unicredit +4,21% and Intesa Sanpaolo also did well, even if only with +0,81%. However, from the early hours of the morning the title of Saipem, which yesterday presented negative accounts but with an unchanged target for 2016: this detail, together with the expected debt reduction within the year, convinced investors, bringing the stock to a double-digit gain, over +12% to 0,435 euros per share. Telecom Italy +2,97% after yesterday's drop. Outside the Ftse Mib featured Salini Impregilo: +4,74% after the news of the 800 million Australian order.

On the other hand, the declines lead Campari -1,38%, Stmicroelectronics -1,32% after yesterday's rally, and also some luxury stocks such as Moncler (the worst with -1,4%) and Luxottica. recover aftershareholders' meeting Generali: in the morning the share had fallen more than -2%, then closing down by 0,36% at 13,67 euros per share after the end of the meeting, chaired for the first time by the new CEO Philippe Donnet. Among the many challenges to be met, the French manager said that "there are no acquisition plans" on the table.

Finmeccanica closes +0,26% at 11,37 euro: the shareholders' meeting formalized the change of company name with immediate effect. Until December the company will be called Leonardo-Finmeccanica, from 2017 only Leonardo. "We chose Leonardo inspired by Leonardo da Vinci, because there is no Finmeccanica business sector in which Leonardo has not taken an interest", said the chairman De Gennaro. Still cautious about the new 2016 guidance, which in the next board meeting on 5 May will have to take into account the maxi order of 8 billion signed with Kuwait for the supply of Eurofighters.

Petroleum up very slightly: Brent closes at 47,66 dollars a barrel, Wti at 45,57 dollars. More or less stable too Btp Bund spread, around 121 basis points. Not even the euro-dollar exchange rate has changed much: today to buy 1 euro you need 1.132125 US dollars.

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