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New Saipem profit warning rattles investors
MILAN (Reuters) – A second profit warning in less than 5 months wiped over a quarter from the share price of Italy’s Saipem on Monday, leaving Europe’s biggest oil industry group worth half what it…
UPDATE 2-New Saipem profit warning rattles investors
* Execution problems emerge in Canada, Mexico (Recasts lead, adds comments from shareholders, Consob)
Wall St. gains as investors bet on Fed support
NEW YORK (Reuters) – Stocks rose 1 percent on Monday, recovering much of last week’s losses in one day as investors bet that the Federal Reserve would reaffirm its policies of supporting the economic recovery later this week.
Coty fails to charm investors in market debut
(Reuters) – Shares of perfume and beauty products seller Coty Inc fell more than 3 percent in their market debut on Thursday, taking the gloss off the third-largest U.S. IPO this year.
Wall St. Week Ahead: Investors will look to Fed to ease volatility
NEW YORK (Reuters) – Stock investors eager to hear from the Federal Reserve about its plans for continuing economic stimulus may get some soothing words from the U.S. central bank next week.
Nikkei swoons as investors cut hedges against weaker yen
* Stocks, yen touch levels not seen since April 4 * Japan govt says need to watch stock market moves calmly * Japanese were net sellers of foreign bonds, stocks last week By Lisa Twaronite TOKYO,…
Pirelli’s boss in talks with new investors
MILAN (Reuters) – The head of Pirelli is lining up new investors in order to keep his grip on the Italian tire maker after falling out with stakeholder Malacalza Investimenti, which in turn is…
CORRECTED-Nikkei rises as investors scoop up battered financials on dips
(Corrects the direction of Nikkei move in second paragraph to rise, adds word ‘whether’ to first bullet point) * Market focused on whether Nikkei will break below 13,000 * Drop below that level would…
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Tagged Battered, CORRECTEDNikkei, dips, Financial's, Investors, rises, scoop
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European shares fall, investors take end-month profits
* Up 1.2 pct in May; would be 12th consecutive monthly gain
Club Med climbs beyond bid price as investors seek more
PARIS (Reuters) – Shares in Club Mediterranee , which its top two shareholders want to buy, extended their gains above the proposed bid price on Wednesday amid signs some investors in the French…