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 »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 »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
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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
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Autogrill [...]
Read the rest of this entry »unpleasant episodes for the single European currency, after the rise in U.S. interest rates half a point, fell below the threshold of 0.90 against the dollar. Indeed, the euro is trading at 0.8995 and the pound exchange rate / dollar rate has exceeded 2150 dollars.
Tags: Dollar, dollars, euro, exchange, Pound, trading
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Read the rest of this entry »Continue the race to the unstoppable rise in oil prices that reached Europe in the 29 dollars a barrel and U.S. $ 30. Within weeks of rest, following the decision of OPEC to increase production of crude oil prices began to rise again, bringing considerable concern about inflation in Europe. The combined factors of high [...]
Read the rest of this entry »The company Autogrill, through its subsidiary American HMS, has won the tender for the management and development of retail activities at the international airport in Salt Lake City (USA). The contract, which will last 7 years, should bring into the coffers of the company a turnover of 45 million dollars. Meanwhile the title at the [...]
Read the rest of this entry »Pharma, a pharmaceutical subsidiary of Aventis SA, will pay an amount of dollars to 450milioni Millennium Pharmaceuticals Inc, the figure will be able to enjoy the rights to discoveries of Millennium. Furthermore Pharma will pay approximately $ 200 million, deferred in 5 years, for rights to the technologies resulting from scporte pharmaceuticals. Aventis exchanges to [...]
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