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Wall Road Diary

admin — Sat, 14 Jan 2012 05:07:10 +0000

UniCredit’s capital-raising plan caused much more discomfort for traders upon Monday, with sharp falls in the Italian lending institution’s gives and also the legal rights to buy into its cash call highlighting the problem some European loan companies encounter recapitalising.

The Boss of UniCredit stated on Mon he had unlikely this type of steep fall in the lending institution’s stock price because the group’s 7.5 million euro rights issue got under way. – Investor basis Cariverona has reduce it’s risk in the bank to three.5 percent from 4.Two percent as announced at the end of this past year, Il Sole 24 Ore reported upon Mon.

Europe needs auto business consolidation in order to change bad operating problems and uncertainty in a market burdened by overcapacity as well as little if any sales development possible this season, the chief executive of Fiat said upon Mon – PSA Peugeout-Citroen could be ready to negotiate a potential connections with Fiat, Corriere della Sera documented estimating “well placed” sources. – The actual CEO associated with Fiat as well as Chrysler had been quoted because saying within the Wall Road Diary that the challenge between right now and 2014 for Chrysler was to protect and perhaps increase it’s share in the small car segment.

Unipol met with Italian insurance regulator Isvap on Mon to go over its likely role within the reorganisation of the Fondiaria-SAI team and it is mother or father Premafin, Il Sole 24 Ore documented with out quoting resources.

The Ligresti household is preparing it’s exit through Fondiaria and Premafin, the paper stated.

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admin — Fri, 24 Jul 2009 11:17:25 +0000

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