Pirelli & C SpA (PECI.MI)
24 May 2013
|Market Cap (Mil.):||€4,122.21|
|Shares Outstanding (Mil.):||487.99|
MONACO - Formula One tire supplier Pirelli warned teams on Thursday that they will quit the sport at the end of the season if a new contract from 2014 is not agreed soon.
MILAN - Industrial and financial investors are in talks to buy a stake in Camfin , a holding company that controls tiremaker Pirelli , key investor Marco Tronchetti Provera said on Friday.
MILAN, May 17 - Industrial and financial investors are in talks to buy a stake in Camfin, a holding company that controls tyremaker Pirelli, key investor Marco Tronchetti Provera said on Friday.
LONDON, May 16 - Pirelli's decision to change the Formula One tyres after just six races penalises those who have done a better job than others in getting the existing ones to work, Lotus principal Eric Boullier said on Thursday.
MILAN, May 10 - Pirelli said on Friday its vice chairman and board director Vittorio Malacalza had resigned over disagreements about how the Italian tyre maker takes strategic decisions.
BARCELONA - Pirelli expressed concern on Friday at an alarming tire failure suffered by Force India's Paul Di Resta in Spanish Grand Prix practice.
MILAN, May 8 - Shares in Pirelli rose more than 5 percent in early trading on Wednesday after the world's fifth-largest tyremaker confirmed its full-year earnings targets despite lower profits in the first quarter.
MILAN - Pirelli , the world's fifth-largest tiremaker, stuck with its full-year earnings target as it expected growth in the higher-margin premium segment to underpin profitability, despite a drop in European sales.
(Adds that CEO sees recovery in Europe this year, adds that EBIT margin fell)
LONDON, April 25 - Pirelli have agreed to tweak their hard-compound Formula One tyres from next month's Spanish Grand Prix while resisting more substantial changes sought by world champions Red Bull.
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