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DavideCampari


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Miners do heavy lifting as STOXX rises ahead of BOE

LIVE MARKETS-Miners do heavy lifting as STOXX rises ahead of BOE STOXX 600 up 0.9% Fed cuts by 50 bps, eyes on BoE Ocado top index after results Miners surge 3%, utilities down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MINERS DO HEAVY LIFTING AS STOXX RISES AHEAD OF BOE The STOXX 600 .STOXX is up 1% as markets digest the first rate cut in four years from the U.S's Federal R
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Italy's Campari jumps after top shareholder plans to hike stake

BUZZ-Italy's Campari jumps after top shareholder plans to hike stake ** Shares in Italy's Campari CPRI.MI rise as much as 6.5% after its majority shareholder said it would buy shares worth up to 100 million euros ($111 million) in the spirits maker, a Milan-based analyst says ** Lagfin, the holding company that controls Campari, said in a note on Wednesday that it would increase its stake "as it believes the current market price...
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Italy - Factors to watch on September 19

Italy - Factors to watch on September 19 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY Italy's economy can grow by 1% this year in line with a government forecast made in April, Prime Minister Giorgia Meloni said on Wednesday.
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Lagfin Purchases Up To Euro 100 Mln Campari Ordinary Shares

BRIEF-Lagfin Purchases Up To Euro 100 Mln Campari Ordinary Shares Sept 18 (Reuters) - LAGFIN - ANNOUNCES THE PURCHASE OF UP TO EURO 100 MILLION CAMPARI ORDINARY SHARES
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Campari can win back drinkers with marketing binge

BREAKINGVIEWS-Campari can win back drinkers with marketing binge The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Sept 18 (Reuters Breakingviews) - Campari CPRI.MI can recover from the hangover caused by the shock departure of its CEO. On Wednesday, the $10 billion maker of Aperol and Courvoisier cognac announced Matteo Fantacchiotti’s resignation for “personal reasons”.
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Campari at over 4-year lows after unexpected CEO departure

BUZZ-Campari at over 4-year lows after unexpected CEO departure ** Shares in Campari CPRI.MI fall around 5% to their lowest price since July 2020 as CEO Matteo Fantacchiotti resigned for personal reasons after five months in the role ** Campari appointed finance chief and COO Paolo Marchesini and Fabio Di Fede, its General Counsel and Business Development Officer, as interim co-CEOs ** "The resignation of the CEO had not been expected, in our view, especially given Mr Fantacchiotti had taken up
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Campari CEO leaves after only five months as sector struggles

UPDATE 4-Campari CEO leaves after only five months as sector struggles Campari CEO quits just months after taking role Predecessor to chair "leadership transition committee" Shares fall further after weakness in recent months Recasts paragraphs 3-5, adds investor comment in paragraphs 11-14; adds chart By Valentina Za and Alberto Chiumento MILAN, Sept 18 (Reuters) - Campari CPRI.MI CEO Matteo Fantacchiotti abruptly quit on Wednesday after only five months in charge of the Italian spirits group,
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Campari CEO Matteo Fantacchiotti Steps Down

BRIEF-Campari CEO Matteo Fantacchiotti Steps Down Sept 18 (Reuters) - Davide Campari Milano NV CPRI.MI : MATTEO FANTACCHIOTTI CEO STEPS DOWN APPOINTS PAOLO MARCHESINI, FABIO DI FEDE AS INTERIM CO-CEO FORMS A LEADERSHIP TRANSITION COMMITTEE CHAIRED BY BOB-KUNZE CONCEWITZ MATTEO FANTACCHIOTTI’S RESIGNATION AS CEO EFFECTIVE AS OF TODAY, DUE TO PERSO
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Italy - Factors to watch on September 18

Italy - Factors to watch on September 18 . The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT The Italian Treasury said it would sell 3 billion euros' ($3.34 billion) worth of three BTP bonds in a tap issuance for specialists, to be held on Wednesday.
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Campari Buys 14.6% In Capevin Holdings In South Africa

BRIEF-Campari Buys 14.6% In Capevin Holdings In South Africa Sept 17 (Reuters) - Davide Campari Milano NV CPRI.MI : BUYS 14.6% IN CAPEVING HOLDINGS IN SOUTH AFRICA CAPEVIN HOLDINGS OWNS 100% OF WHISKY-MAKER CVH SPIRITS TOTAL CONSIDERATION OF STAKE ACQUISITION OF GBP 69.6 MILLION Further company coverage: CPRI.MI (Gdansk Newsroom)
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Italy - Factors to watch on September 16

Italy - Factors to watch on September 16 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS An Italian prosecutor on Saturday asked a judge to sentence right-wing League leader Matteo Salvini to six years in prison over his decision in 2019 to prevent more than 100 migrants from landing in Ita
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FTSE 100 gains on precious metals surge; rate cut bets surge

UPDATE 1-FTSE 100 gains on precious metals surge; rate cut bets surge For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.4%, FTSE 250 adds 1% Flutter Acquires 56% Stake In NSX Group For $350m UK public's inflation expectations fall to 3-year low Precious metal miners lead weekly gains Updated at 1600 GMT By Khushi Singh and Medha Singh Sept 13 (Reuters) - Precious metal mining stocks lifted London's blue-chip index on Friday a
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Campari plunges after CEO comments on weak quarter for sector

UPDATE 1-Campari plunges after CEO comments on weak quarter for sector Adds details MILAN, Sept 13 (Reuters) - Shares in Campari CPRI.MI fell nearly 6% on Friday with several traders and analysts citing comments by the Italian spirits group's chief executive, describing the current quarter as "s till quite soft" for the industry. Campari said that what Campari CEO Matteo Fantacchiotti told a virtual event organized by Bank of America concerned "the sector's general trends" in the United States,
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Campari plunges after CEO comments on "very soft" quarter for sector

Campari plunges after CEO comments on "very soft" quarter for sector MILANO, Sept 13 (Reuters) - Shares in Campari CPRI.MI fell more than 6% on Friday with traders citing comments by the Italian spirits group's chief executive at a conference about a "very soft" environment for the industry in the current quarter. Campari CEO Matteo Fantacchiotti spoke at a virtual event organized by Bank of America.
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Barclays weighs in on potential tariff risk for Europe if Trump wins

BUZZ-Barclays weighs in on potential tariff risk for Europe if Trump wins ** Barclays sees an up to high single-digit percent hit on European earnings if Donald Trump wins the U.S. presidential race and in the event of a full-blown trade war ** "A Trump win may raise concerns of a full-blown trade war," the British bank's strategists say in a note ** While the direct impact to potential U.S.
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Top of the Street: Heidelberg Materials, Deutsche Telekom, Big Yellow Group, European beverages and logistics

BUZZ-Top of the Street: Heidelberg Materials, Deutsche Telekom, Big Yellow Group, European beverages and logistics A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** HSBC downgrades Heidelberg Materials HEIG.DE to "hold" from "buy" as it expects weak pricing outlook in emerging markets and continued negative price/cost spread to lead to slow EBITDA progression ** UBS downgrades Deutsche Telekom DTEGn.DE to "neutral" from "buy" on valuation basis after the s
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Exane prefers European brewers over distillers in depressed sector

BUZZ-Exane prefers European brewers over distillers in depressed sector ** BNP Paribas Exane says a more favourable macro context for staples could help European alcohol makers' "depressed" valuations despite the challenged global demand outlook ** Exane prefers brewers over distillers, which it says face prolonged headwinds in the U.S. spirits market ** The broker chooses AB InBev ABI.BR as its top pick, as it expects the Dutch brewer's share consolidation and operational momentum to drive shar
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Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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Spirits: time to buy or time to sell?

LIVE MARKETS-Spirits: time to buy or time to sell? STOXX 600 up 0.7% Tech, travel & leisure lead bounce Downgrade hits Burberry Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SPIRITS: TIME TO BUY OR TIME TO SELL?
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European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks

BUZZ-European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks ** Deutsche Bank says soft drinks are the clear winner in the European beverages sector, while spirits and beer have suffered from a combination of negative estimate revisions and multiple contraction post a dismal summer ** "Brewers have not performed as well as we expected due to a combination of adverse weather in June and a lack of COGS (cost of goods sold) tailwinds," says DB ** It still sees the beer sect
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