Saipem SpA (SPMI.MI)
17 Apr 2014
|Market Cap (Mil.):||€8,276.46|
|Shares Outstanding (Mil.):||441.41|
MILAN, April 16 - An Italian court has ruled that Pietro Varone, former chief of oil service firm Saipem's engineering business, was improperly dismissed in connection with corruption allegations in Algeria, according to a court document seen by Reuters.
* Sets back work in Brazil's No. 2 oilfield by about a month
The following factors could affect Italian markets on Friday.
* Drilling segment valued at around 4.5 bln euros -analyst
* South Stream secured deals on pipes (Changes headline, releads, adds detail)
MILAN, Feb 12 - U.S.-based investment fund Dodge & Cox has a 5 percent stake in Italian oil services group Saipem , according to filings by market watchdog Consob.
MILAN, Feb 11 - Italian oil services group Saipem said on Tuesday an Italian investigation into possible bribes to secure lucrative contracts in Algeria has been extended by six months.
ROME, Jan 23 - Italian oil service company Saipem has bid for the job of scrapping the hulk of the Costa Concordia cruise liner, which capsized off the Tuscany coast more than two years ago, a source close to the matter said on Thursday.
* Audits were carried out by third parties at behest of Eni
(Adds Saipem's statement it will appeal July 11 court decision on Nigeria)
Earnings vs. Estimates
Analyst Research Reports
Saipem - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
Provider: Finlabo SIM Spa
Saipem SpA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: MarketLine (a Datamonitor Company)
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