Tag Archives: Telecom Italia

Telecom Italia’s (NYSE:TI) Third Quarter Profit Tops Analysts Views; Stock Hikes – TI, TEF, BT, AMX

Telecom Italia SPA (ADR) (NYSE:TI), Italy’s biggest phone company, announced profit surpassed analysts’ forecasts in the third- quarter and reiterated its full-year estimates as outlays in Italy were kept in check amid the tensions of an economic decelerate. Shares of …

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Telefonica (NYSE:TEF) To Sell 50% Stake in Online Travel Agency Rumbo to Bravofly SA

Telefonica SA (ADR) (NYSE:TEF), Europe’s most-indebted phone operator, will sell a 50% stake in online travel agency Rumbo as the debt-ridden Spanish phone operator lowers debt.

Both companies reported in an e- mailed statement on Friday that the Chiasso, Switzerland …

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Telefonica (NYSE:TEF) Revamps Management; Picks Alvarez-Pallete as New Chief Operating Officer – TEF, TI, AMX, VOD

The Madrid-based Telefonica S.A. (ADR) (NYSE:TEF), run by Chief Executive Officer Cesar Alierta, picked Jose Maria Alvarez-Pallete as chief operating officer as piece of a second top management restructuring in a year as the company attempts to stop a slide …

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Nokia (NOK) Loose Footing Again as Analysts Lowers Price Target

On Friday, analysts lowered their price targets on Finnish cell maker Nokia (NYSE:NOK) to slightly above the worth of its cash and patents as optimism dies away that phones powered with new Microsoft software can breathe life into the sick …

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Dow Jones Closes Up

U.S. indexes had an impressive rebound today at around the mid-day point of the day after early stock action this morning was leaving investors with some doubts on the week.

The Dow Jones Industrial Average (DJI) dropped a little more …

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