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Expecting European stock markets to be slightly lower, Fitch downgrades Stellartis to PizzaAfari

Photo by Giorgio Pirani

Giorgio Pirani

Economic and cultural journalist

Professional journalist specializing in current affairs, culture and economics. He collaborates with various newspapers across the country.

Published: October 22, 2024 08:54

gave European Stock Exchange Heading for a bearish start: futures on the Eurostox 50 mark -0.28%, while they Ftse Mib fell 0.24 percent. More was marked for deficiency Cac 40 of Paris (-0.39%) and Ftse 100 of London (-0.47%), while the Frankfurt DEX limits losses to -0.11%. With little macroeconomic data on the agenda, investors remain focused on the quarterly reporting season, which has already begun in the United States and is set to get into full swing in Europe.

On the Milanese price list, the spotlight is on. Stellar After Fitch changed its outlook from positive to negative while maintaining its BBB+ long-term rating. As far as the banking sector is concerned, Antisa Sanpolo Last Friday completed a 1.7 billion euro buyback plan, which was launched on June 3, buying 2.62% of the share capital at an average price of 3.5481 euros per share.

He should also be kept under surveillance. Tim, After the Italian government agreed that the American technology giant should contribute more to the use of telephone infrastructure. Also pay attention to Stm, Who could benefit from SAP’s positive results: The German company recorded an increase in revenues and profits in the third quarter of 2024 thanks to demand for artificial intelligence, upping its forecasts for the year. Finally, Remember Barclays sees target price increase to €48.

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