Italy
Italian Stocks Advance; Buzzi, Fiat, Impregilo, Mediaset and Tenaris Move Italy’s benchmark FTSE MIB Index
added 444.76, or 2 percent, to 22,956.44, the first increase in
five sessions, in Milan.
Stocks Rise for First Time in Five Days; Monte dei Paschi, Impregilo Gain Italy’s benchmark FTSE MIB Index
added 207.50, or 0.9 percent, to 22,719.18, the first increase
in five sessions, as of 2:36 p.m. in Milan.
Eni Agrees to Acquire Heritage Interests in Uganda for Up to $1.5 Billion Eni SpA, Italy’s biggest energy
company, agreed to buy Ugandan oil assets from Heritage Oil Plc,
the U.K. explorer that said this month it was in talks with
potential investors in the region, for as much as $1.5 billion.
Permian Fund May Increase Investments in DMT, Sorin, Might Buy Coin Stock Permian Investment Partners LP, a
U.S. fund, may increase its stakes in Digital Multimedia
Technologies SpA and Sorin SpA, and might buy shares in
department store chain Gruppo Coin SpA.
Fiat Shares Are Removed From `Europe Focus List' by Credit Suisse Analysts Credit Suisse Group AG removed Fiat
SpA from its “Europe Focus List,” citing the stock’s better
performance against peers since early September
European Stocks Rise Most in Five Weeks on Economy; BHP, Renault Advance European stocks surged the most in
five weeks as data on the region’s services and manufacturing
industries and U.S. home sales added to signs the economic
recovery is strengthening.
Compagnia Italpetroli Says Mediobanca, Unicredit Discussed A.S. Roma Today Compagnia Italpetroli SpA, which
controls Italian soccer club AS Roma, said it met today for
talks with representatives of Unicredit SpA and its adviser
Mediobanca SpA.
Dollar Slump Persisting as Most Accurate Forecasters See No Bottom in 2010 The most accurate dollar forecasters
predict the world’s reserve currency will continue sliding even
when the Federal Reserve begins to raise interest rates, which
policy makers say is an “extended period” away.
Bills Yielding Zero as Stocks Soar Give Investors Bernanke Moment of 1938 For the first time in seven decades,
Treasury bills are paying no interest while stocks continue to
appreciate -- a divergence in U.S. financial markets that might
be perilous if Federal Reserve Chairman Ben S. Bernanke didn’t
know all about 1938.
Berlusconi Named Rock Star of the Year by Italian Rolling Stone Magazine The Italian edition of Rolling Stone
magazine voted Prime Minister Silvio Berlusconi “rock star of
the year,” saying his lifestyle is worthy of the greatest rock
celebrities.
Five Killed in Italian Military Airplane Crash Near Pisa, Government Says A military airplane crash near the
airport of Pisa in central Italy killed five people today, the
Italian government said in an e-mailed statement.
Italian Police Arrest Three People in $299 Million Alleged Fake Bond Fraud Italy’s finance police arrested
three people for allegedly using as much as 200 million euros
($299 million) of fake bonds to fraudulently make money from
borrowers.
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