Edition:
United States

Agnieszka Flak

Fiat Chrysler shares tumble as 2019 guidance disappoints

Feb 07 2019

MILAN/DETROIT Fiat Chrysler (FCA) shares fell 12 percent on Thursday after weaker-than-expected guidance for profits and industrial free cash flow this year raised doubts about the Italian-American carmaker's longer-term targets.

BT pressured to cut price to sell troubled Italian business - sources

Feb 05 2019

LONDON/MILAN BT Group may have to cut the price tag of its troubled Italian arm as bidders are mainly interested in parts of the business rather than the whole division, which suffered an accounting scandal in 2017, sources told Reuters.

BT pressured to cut price to sell troubled Italian business - sources

Feb 05 2019

LONDON/MILAN, Feb 5 BT Group may have to cut the price tag of its troubled Italian arm as bidders are mainly interested in parts of the business rather than the whole division, which suffered an accounting scandal in 2017, sources told Reuters.

Ferrari's CEO 'bullish' about earnings, shares jump

Jan 31 2019

MILAN Ferrari expects growth in core earnings to accelerate to 10 percent this year and Chief Executive Louis Camilleri said he might raise targets for 2020, betting on new models and special editions at premium prices to lure customers.

UPDATE 2-Telecom Italia profit warning exposes shareholder divisions

Jan 18 2019

* TIM says 2018 Italian core earnings down by mid-single digit

Telecom Italia shareholders to vote on Vivendi's board demands in March

Jan 14 2019

MILAN Telecom Italia has called a shareholder meeting for March 29 to vote on top investor Vivendi's request to replace five board members, setting the stage for a new showdown between the French media giant and U.S. activist fund Elliott.

Fiat Chrysler may review $5.7 billion plan if Italy taxes diesel, petrol cars

Dec 13 2018

MILAN Fiat Chrysler (FCA) could review its 5 billion euro ($5.7 billion) Italian investment plan, which includes a shift to cleaner engines, if Rome raises taxes on petrol and diesel cars.

Fiat Chrysler to spend 5 billion euros in Italy to fill plants, keep jobs

Nov 29 2018

TURIN, Italy Fiat Chrysler plans to spend more than 5 billion euros ($5.7 billion) on new models and engines in Italy over the next three years to try to make better use of factories and boost jobs and margins.

Fiat Chrysler aims to boost margins, keep jobs with European production plan

Nov 26 2018

MILAN Fiat Chrysler (FCA) is expected to commit to producing a raft of new models in Italy, including Jeeps and an Alfa Romeo SUV, union sources said, as the carmaker strives to fill underutilized plants and lift profit margins in Europe.

World News