Fox Business - The Power to Prosper
Search Site

Telecom Italia

European Stocks Eye Weekly Loss Ahead of U.S. Jobs Data

European stock markets headed lower on Friday, with the benchmark index heading for its first weekly loss since January, as investors remained cautious ahead of nonfarm-payrolls data from the U.S.The Stoxx Europe 600 index lost 0.3% to 336.32, setting it on track for a 0.5% loss on the week. On Thursday, the benchmark nudged a small gain, after paring solid gains on European Central Bank President Mario Draghi's failure to offer consolation to economists and investors worried about low inflation in the euro area. At the bank's monthly policy meeting, the Governing Council decided to make no changes to interest rates or launch further easing measures.Leading decliners on Friday, shares of Getinge AB tumbled 15% after the medical-technology company said its profit trend for the first quarter will be weak due to a lower level of invoicing.Shares of Fugro NV slid 5.8% after the oil-field-services firm posted 2013 earnings that missed expectations.Shares of Telecom Italia SpA fell 0.9% afte...

Read More

  1. Vodafone, Verizon Deal to Pressure Competitors

    Vodafone's plan to boost investment in broadband and superfast mobile networks after its $130 billion megadeal with Verizon could put pressure on its European compet...

  2. Vodafone Sues Telecom Italia For 1 Billion Euros

    Vodafone Group PLC's Italian arm has sued Telecom Italia SpA in civil court, saying the operator has abused its dominant market position and requesting 1 billion eur...

  3. European Shares Climb Ahead of U.S. Jobs Data

    Earnings reports from AXA and Allianz helped European insurers to rally and push a major index to a new two-month high on Friday, helped by expectations of stronger-...

  4. Antitrust watchdog raids top European telecoms firms

    Europe's competition watchdog is investigating some of the region's biggest telecoms firms over whether they abused their market position in deals with Internet comp...

  5. Telecom Argentina to Launch Share Buyback Program

    Argentine telecommunications company Telecom Argentina SA (TEO, TECO2.BA) plans to buy back up to ARS1.2 billion ($229 million) worth of its own shares, the company ...

  6. Telecom Italia To Decide On Spinoff Project on May 30

    Italy's largest telecom operator Telecom Italia (TIT.MI) said Thursday it will make a final decision on whether to spin off its fixed-line network on May 30, as the ...

  7. S&Ps Downgrades Telecom Italia Rating Ahead of Board Meeting

    Rating agency Standard & Poor's said Thursday it has lowered its long- and short-term corporate credit ratings on Telecom Italia SpA (TIT.MI) to BBB- from BBB, and o...

  8. Brazil Mobile Subscribers Increased Slightly in April

    Brazil's mobile-phone subscriptions in April rose at a slower pace from the prior month, while market leaders gained ground in the period, telecommunications regulat...

  9. Telecom Italia Offers to Buy Back $750 Million of TI Capital Bonds

    Telecom Italia SpA (TI), Italy's former telecommunications monopoly, said Wednesday it offered to buy back up to $750 million of Telecom Italia Capital SA's bonds as...

  10. Generali CEO: Favors Any Plan Which Upgrades Telecom Italia's Value

    Assicurazioni Generali SpA (G.MI) Chief Executive Mario Greco said Friday that he is in favor of any project which could improve the value of Telecom Italia SpA (TIT...

  11. Telecom Italia Looking If Hutchison Whampoa Deal Is Feasible - CEO

    Italy's largest telecommunications operator Telecom Italia (TIT.MI) hasn't decided whether a deal with Hutchison Whampoa (HUWHY, 0013.HK) is feasible or not, Chief E...

  12. Telecom Italia's First-Quarter Net Profit Down Almost 40%, Talks on H3G Go Ahead

    Italy's largest telecommunications operator Telecom Italia SpA (TI, TIT.MI) said Wednesday its net profit fell almost 40% in the first quarter, following declining s...

  1. France Downgrade Hurts European Markets

    European equities fell on Friday, with French stocks hit by a sovereign rating downgrade and broad sentiment weighed down by concerns that a strong U.S. economy may ...

  2. Investors Worry About Italian Political Uncertainty

    Investors shunned Italian government bonds and shares on Monday after Silvio Berlusconi pulled the rug from under Prime Minister Enrico Letta's frail coalition gover...

  3. Intesa faces management struggle between CEO, board member: sources

    Italy's biggest retail bank, Intesa Sanpaolo , is in the midst of a management struggle between its chief executive and a board member backed by an important shareho...

  4. Equity issuance may reflect rosy growth picture

    Companies around the world are increasingly turning to equity issuance to raise capital, a sign of growing corporate and investor confidence that could create a virt...

  5. Italy won't block foreign takeovers: Economy Minister

    Italy does not plan to oppose foreign takeovers of domestic companies, its economy minister told Reuters on Saturday as large players such as Telecom Italia and Ansa...

  6. European Shares Hold onto Gains After ECB Decision

    European stocks inched higher around midday on Thursday, although trading was choppy as investors avoided taking big bets before ECB chief Mario Draghi's press confe...

  7. Summer deals lift banks' hopes of M&A tipping point

    Verizon's deal to buy Vodafone out of their U.S. wireless venture for $130 billion may have been years in the making, but bankers hope it could be an inflexion point...

‹ Prev12345Next ›
Freebase CC-BY
Source: Telecom Italia on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL