News

27.04.2016

iPhone sales down for the first time in history

For the first time in Apple's history it stops with iPhone sales. The American company has closed the second quarter of the fiscal year with a net profit down 22% to $ 10.5 billion, or $ 1.90 per share, below analysts' expectations, betting on $ 2 per share. Revenues were down 13% to 50.6 billion dollars. The results below expectations weighed in after hours trading, where the title came to lose 8%.

 
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27.04.2016

Alternative Investment Opportunities: the point of view of Luca Rosiello (CEO - Keller Zable)

 
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27.04.2016

Bundesbank President: necessary to strengthen common control mechanism between Eurozone's states

The president of the Bundesbank, Jens Weidmann, in a speech to the German embassy in Italy, believes that a large risk-sharing between the Member eurozone without a strengthened common control mechanism "would be a wrong path" and would not create the " strong incentives to comply with the rules "that will see the Italian Economy Minister Pier Carlo Padoan. "Since the creation of the monetary union the rules of the Stability and Growth Pact were violated by some states, including even Italy, more often than they have been" osservate.Weidmann also recalled that "even Germany in the years 2003/2004, he has helped weaken the binding force of the rules. "

 
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27.04.2016

Nokia acquired the French startup Withings

After three years away from selling phones business, which was sold to Microsoft, Nokia returns to the consumer market. Yesterday, the Finnish company has announced the acquisition for 191 million dollars, about 170 million euro in cash, the French company Withings, a startup specializing in the production of devices for monitoring body parameters. The transaction should be completed after the summer, after obtaining the approval of regulators.

 
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26.04.2016

FCA: the quarterly is not enough shares lost more than 3%

Despite the positive close in the first quarter thanks to the strong performance in the NAFTA area, 90% of the total, the huge debt Fiat Chrysler Automobiles NV is entitled to lose more than 3% before the close of the day. In addition to the 5.5 billion dollars that weigh on the company, the title also suffer because of fears of analysts who fear that the US auto market is now saturated. "The group confirms for 2018 the objective to a positive net financial position," said the CEO of Fiat Chrysler Sergio Marchionne, and although "the car NAFTA has become harder and more competitive, the nocietà does not provide for a fall" .

 
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26.04.2016

P&G reports net- profit better than expected

Procter & Gamble revises downwards its estimates for the full year 2016 after closing a quarter of mixed results, with declining sales and profits rise. The US giant of products for personal care reported in the fiscal third quarter 2016 revenue amounted to $ 15.8 billion, down 7% compared to the same period of 2015, due to the strong dollar. Net profit however rose to 2.75 billion dollars, or 97 cents a share, from 2.15 billion, equal to 75 cents per share, a year earlier. Analysts had expected revenues of 15.81 billion dollars and earnings per share of 82 cents.

 
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26.04.2016

Greece short of liquidity: new measures in view

Greece has again liquidity problems and in the absence of an agreement with creditors to unblock a new tranche of aid - as the newspaper "Kathimerini" - money in the state coffers could end up in mid-May. The Tsipras government started from January to limit the outputs: in the first quarter of the public primary expenses were $ 1.34 billion less than the budget planned 10.5 billion. Despite having regularly paid pensions and salaries, the government was forced to save on other items of expenditure, including payments to health facilities.

 
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26.04.2016

France (DCNS) wins A$50bn Australia subs contract

The French group DCNS Defense rivals out of Germany (ThyssenKrupp) and Japan (Mitsubishi and Kawasaki Heavy Industries) and won a giant contract to build the new Australian submarines worth 50 billion Australian dollars, which means 34 billion euro at current exchange rates. The announcement, which covers a fleet of 12 new submarines, was given directly by the Australian prime minister Malcolm Turnbull, while the French side has even been described as "historic".

 
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26.04.2016

Scandal emissions: in Mitsubishi falsified tests since 1991

The Japanese giant Mitsubishi car is always in trouble. Along the lines of what happened to the German manufacturer Volkswagen, the fixing scandal emissions in order to pass the tests with each passing day takes a turn increasingly heavy. Mitsubishi has admitted that he resorted to an improper use of tests on anti-smog emissions in the Japanese market since 1991. During a press conference held in Tokyo, Mitsubishi Motors said it had plans to establish a special committee internal investigation - consisting of external experts, three former prosecutors - who will communicate the results of the investigation after three months of study of the case. The company has meanwhile submitted to the Ministry of Transportation emissions data from 1991 to the present. The title has collapsed on the stock exchange of another 10%, a loss that is in addition to the -35% of the total of the last sessions.

 
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26.04.2016

Philips intends to quote its lighting division

Royal Philips appears poised to quote its lighting division to focus on health and wellness segment. "Given the improvement in financial markets, compared to the first two months of the year, an IPO (Initial public offering) now seems the most likely solution," said the Dutch company in a statement explaining that the crucial decision will be taken shortly . According to Frans van Houten, Philips number one, it is still necessary that tenders are assessed by individual investors, but at this point the way stock exchange seems down.

 
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