Analysts at Goldman Sachs office studies have raised the rating on the title Luxottica to buy from the previous trading market outperformer. The target price is 16 dollars. The decision is based on its view of leadership in a sector with Luxottica higher margins, acquisition and integration of new skills that led to strong earnings [...]
Read the rest of this entry »Continued unstoppable descent of the single currency. The euro is trading at 0.8967 against the dollar in fact (2,157 pound / dollar), while against the yen and 1.0319. The strength of the U.S. economy is the cause of this debacle of the new currency of Euroland.
Tags: Dollar, economy, euro, New, Pound, trading, yen
Related posts
Euro down [...]
Read the rest of this entry »The banking group HSBC announced an increase of 21% in ‘99 profits, amounting to 7.982 billion dollars. The bank has also declared its intention to expand its presence on the Internet to broaden the customer base. The company’s results have nonetheless coincided with the worst forecasts of analysts. HSBC is losing 1, 31% on the [...]
Read the rest of this entry »At midday the index of the largest French titles is experiencing a decline dell’0, 03%, after a morning of nervousness. Vivendi (-1.3%), LVMH (-4%) and Lagardère (-4%) are the titles that have the worst performance. In contrast Aerospatiale Matra (+2.8%), Alcatel (+1.2%), STMicroelec. (+2.7%). Total Fina continues its race to the top thanks to the [...]
Read the rest of this entry »The German finance minister, Hans Eichel, said that the current level of euro / dollar exchange reflects the diverse developments in U.S. economy and that of the eurozone. Eichel added that the euro is internally stable and that inflationary pressures are absent, adding: “the external value (of currency) merely reflects the various developments in the [...]
Read the rest of this entry »Sagem has announced that it has received an order from 3.5 million GSM phones with WAP technology. The order would come from some European and international telephone operators, after earlier this month had already ordered Mannesmann Mobilfunk mobile wap for the value of 1 Milardo francs. Sagem has produced during 1999 about 7 million mobile [...]
Read the rest of this entry »The French group Publicis announced today that it has obtained a series of contracts for a total of over 300 million dollars in the U.S.. Among the various contracts, the company indicates that the agreement in New York with Fuji Film, Camera and Citizen Watch. In San Francisco instead the company has signed with trans [...]
Read the rest of this entry »Nestle, the Swiss food giant, has registered in Q1 of 2000, a 11% increase in sales by tapping the 18.5 billion sfr, over 11 billion dollars. Expectations for 2000 are positive but not for the Swiss team and in fact the title is experiencing a decline of over 1, 7%, dragging the SMI to the [...]
Read the rest of this entry »NEC, a Japanese company second only to Intel in the production of microprocessors, announced today that it intends to invest 100 billion yen, 944 million dollars into a new facility for the production of LSI chips.
Tags: company, Dollar, dollars, invest, Japan, Japanese, New, yen
Related posts
Cdb discovers Israel and earns 2800% (0)
UniDynamicFund “better health tech (0)
Tokyo: [...]
The Anglo-Dutch Unilever products for large retailers could boost the American bid to acquire Bestfoods. The co-chairman of Unilever, Antony Burgmans, has confirmed that will pass 66 to $ 70 per share, valuing the group 19.5 billion U.S. dollars. Bestfoods is famous among others for the production of Knorr.
Tags: American, Dollar, dollars, Lev, retail
Related posts
Autogrill [...]
Read the rest of this entry »
