Finance and economy - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
339 news found
Finance and economyFinmeccanica: financial calendar 2016
Rome, Italy - Five events planned: four BoDs and a shareholders' meeting
Finmeccanica informs that the annual calendar of corporate events for the year 2016 is as follows: Wednesday 16 March–Board of Directors: Draft Annual Report for 2015; Consolidated Results for 2015 From M... more
Finance and economyFinmeccanica BoD: debt amounted to EUR 5,125 million on EUR 12,5 bn of turnover-SPECIALS by AVIONEWS
Rome, Italy - The integral version of the release to the press on our section (16 pages)
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 30 September 2015 and the results... more
Finance and economySale of AnsaldoBreda and Ansaldo STS from Finmeccanica to Hitachi completed
Rome, Italy - Equal to approximately 40% of share capital
Finmeccanica and Hitachi announced yesterday the closing of transactions relating to the acquisition by Hitachi regarding the business of AnsaldoBreda SpA, except for some revamping activities and certain... more
Finance and economyFinmeccanica: rescheduling of financial calendar for 2015
Rome, Italy - The BoD' meeting will be held on Tuesday 3 November 2015 (instead of Thursday 5)
Finmeccanica informs that, as partial amendment to the Financial Calendar released on 23 December 2014, the Board of Directors’ Meeting to approve the Interim Financial Report at 30 September 2015 will b... more
Finance and economyFinmeccanica reconfirmed to the Dow Jones Sustainability Indices World and Europe
Rome, Italy - For the sixth year in a row; total score improved compared to last year
Finmeccanica is named to the prestigious Dow Jones Sustainability Indices (DJSI) World and Europe 2015, which reward the companies most committed to sustainability, marking the sixth consecutive year. Through... more
Finance and economyAirplanes and helicopters. Finmeccanica: documentation relating to mergers and spin-off available to the public
Rome, Italy - The annual reports for the last three financial years of the companies involved in the operations are furthermore available at the Company’s headquarters
Finmeccanica advises that, pursuant to Article 70 of Consob “Issuers’ Regulation”, the documentation relating to the merger by incorporation of OTO Melara SpA and Whitehead Sistemi Subacquei SpA into... more
Finance and economyFinmeccanica: filing of documentation Half-Year Financial Report
Rome, Italy - It is available at its headquarters, at Borsa Italiana SpA on the Company’s website
Finmeccanica advises that the Half-Year Financial Report at 30 June 2015, complete with the Independent Auditors Report on the condensed Half-Year Financial Statements, is available at the Company’s h... more
Finance and economyFinmeccanica: the BoD approves the Half-Year Financial Report at 30 June 2015 ("Specials" by AVIONEWS)
Rome, Italy - EBITA +45% and EBIT +93% compared to first half 2014
The Board of Directors of Finmeccanica, convened today under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the Half-Year Financial Report at 30 June 2015. There was considerable... more
Finance and economyFinmeccanica entered with Hitachi into an Amendment of the Sale and Purchase Agreement of its 40% owned in Ansaldo STS
Rome, Italy - Six directors designated by the Group have resigned
Finmeccanica informs that it has entered yesterday with Hitachi Ltd into an Amendment of the Sale and Purchase Agreement of its 40% owned in Ansaldo STS SpA as communicated to the market on February 24th. For... more
Finance and economyFinmeccanica: periodic communication on the share buyback programme
Rome, Italy - As part of the share buyback programme authorised by the Shareholders’ Meeting held on 11 May 2015
As part of the share buyback programme authorised by the Shareholders’ Meeting held on 11 May 2015, Finmeccanica acquired on the Italian Stock Exchange (M.T.A.) 200,000 of the Company’s ordinary shares (ap... more
Finance and economyFinmeccanica SpA announces final results with respect to the tender offer for certain of its notes ("Specials" by AVIONEWS)
Rome, Italy - The offers expired at 4.00 pm (London time) / 5.00 pm (CET) on Wednesday, 15 July 2015
Further to its prior announcements, Finmeccanica S.p.A. (the "Issuer" following substitution of Finmeccanica Finance SA as issuer of Notes issued under the Euro Medium Term Note Programme originally established... more
Finance and economyFinmeccanica launches share buyback programme
Rome, Italy - Currently the Company holds no. 32,450 ones, equal to approximately 0.0056% of its share capital
Pursuant to Article 144-bis, paragraph 3, of the Issuers’ Regulation, Finmeccanica advises its intention to launch the share buyback programme implementing the resolution adopted by the Shareholders’ Mee... more
Finance and economyFinmeccanica SpA announces an invitation to purchase certain notes for cash ("Specials" by AVIONEWS)
Rome, Italy - The Offers are made upon the terms and subject to the conditions contained in the tender offer memorandum dated 8 July 2015
Finmeccanica SpA (the "Issuer" following substitution of Finmeccanica Finance SA as issuer of Notes issued under the Euro Medium Term Note Programme originally established by Finmeccanica Finance SA, as... more
Finance and economyFinmeccanica: renegotiated the five-year revolving credit facility
Rome, Italy - With a significant reduction of the margins and positive effects expected on the financial charges
Finmeccanica signed today the renegotiation of the current revolving credit facility. The renegotiation envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions.... more
Finance and economyAircraft and economy. Ansaldo: the activity blocked for a year? The felays by the Chinese antitrust
Milan, Italy - Concern about the future of STS and Breda by workers and managers
After about EUR 2 billion spent by the Japanese Hitachi for the purchase of the two Ansaldo (Breda and Sts, Ed), expectations were for a fast closing of the sale, to enable the Italian Group Finmeccanica... more
Finance and economyAircraft and Finmeccanica: what will be the future divestitures Group?
Rome, Italy - Besides Selex ES, the possible "Candidates" are DRS and MBDA; the Italian industrial heritage at risk?
After the sale of the transport sector to the Japanese Hitachi, other companies controlled by Finmeccanica would risk of being sold for "Making cash and reduce the debt" (cit.) of the Italian industrial... more
Finance and economyAircraft and finance. Finmeccanica: starting June 1 Donato Amoroso to Thales Alenia Space
Rome, Italy - Postponed again the timetable for the Ansaldo transfer to the Japanese Hitachi
Postponed again the opinion of the Chinese antitrust about the sale of the two Ansaldo to the Japanese Hitachi, after the sale of the transport secotr of the Finmeccanica Group in the last February 2015.... more
Finance and economyAircraft and courts: "1000 Youth in Finmeccanica", class action against the hiring block after the '"Advent" of Moretti
Rome, Italy - "The real answer" to the youth unemployment is falling into oblivion. Where is the premier Renzi?
The project "1000 Youth in Finmeccanica" launched by the the Italian industrial Group in 2013 should have been the "Concrete response to the related problems to the youth employment in Italy". 1500 recruitments... more
Finance and economyFinmeccanica: Shareholders’ Meeting approves 2014 financial statements
Rome, Italy - Appointed the Board of Statutory Auditors for the period 2015-2017
The Shareholders’ Meeting of Finmeccanica SpA, which convened yesterday in Rome, has approved the Company’s financial statements for 2014 and examined the consolidated financial statements. Key eco... more
Finance and economyAircraft and economy. About Alenia Aermacchi, CEO Mauro Moretti reassures: "No relapse of production and employment"
Rome, Italy - The activities of the Finmeccanica subsidiary must however "Returns productives"
During the annual general meeting held today (11 May 2015) in Rome, the CEO of Finmeccanica Mauro Moretti said that the ongoing restructuring of the industrial Italian Group will have no consequences on... more
Finance and economyFinmeccanica: the BoD approves the interim financial report at 31 March 2015
Rome, Italy - Materially improved results compared to first quarter 2014 and above expectations
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 31 March 2015. The first quarter... more
Finance and economyAircraft and trains: Bombardier at a loss. The railways sector on sale
London, United Kingdom - The financial problems of the Canadian Group can be attributed to the development of the "CSeries" jets
The Canadian company Bombardier is considering the sale of its transport sector, to address the huge losses suffered in the air transport. Estimated value of the sale: USD 5 billion. This was reported... more
Finance and economyShareholders’ Meeting of Finmeccanica: filing of documentation
Rome, Italy - It is available at its headquarters, at Borsa Italiana and on the company's website
With reference to the Ordinary Shareholders’ Meeting of Finmeccanica, convened on 8 and 11 May 2015 (in first and second call, respectively), Finmeccanica hereby informs that are available to the public a... more
Finance and economyFinmeccanica (2). Shareholder's meeting: filing of documentation, four items on the agenda
Rome, Italy - Convened on 8 and 11 May 2015
With reference to the Ordinary Shareholders’ Meeting of Finmeccanica, convened on 8 and 11 May 2015 (in first and second call respectively), Finmeccanica hereby informs that are available to the public a... more
Finance and economyFinmeccanica: filing of documentation of the Annual Financial Report
Rome, Italy - It is available at its head office, at Borsa Italiana SpA, and on its website
According to applicable law and regulations, you are hereby notified that the Annual Financial Report as at 31 December 2014 (including the Draft Annual Financial Statements and the Consolidated Financial... more
Finance and economyFinmeccanica: the investor expectations were not met
Rome, Italy - After the 2014 budget presentation the analysts are wondering when the Group will provide gains again
Finmeccanica disappointed the markets on the Stock Exchange yesterday on March 18, 2015. The Group lost 2.8%, after the 2.6% from two days ago. The fall on the stock is due to the disappointment from the... more
Finance and economyFinmeccanica: the BoD approves the 2014 financial statements ("Specials" by AVIONEWS)
Rome, Italy - 2014 results considerably above expectations and 2013
The Board of Directors of Finmeccanica, convened under the chairmanship of Gianni De Gennaro, examined and unanimously approved the draft of Group consolidated and Finmeccanica SpA financial statements... more
Finance and economyHelicopters: UTX is considering whether to sell Sikorsky
New York , USA - The alternative is a spinoff, and the born of an independent company
The American helicopter division Sikorsky could be sold or turned into an independent reality and therefore listed: to affirm this a report on Wednesday (March 11) by the same UTX (United Technologies),... more
Finance and economyFinmeccanica: who benefits from the sale of DRS Technologies?
New York, USA - The activities that they would like to sell are "Aviation & Logistics", and "Tactical Communications and Network"
The DRS Technologies "Case" seems to have always been at the centre of the concerns of the Finmeccanica CEO, Mauro Moretti: during the conference for the presentation of the 2015 business plan (held in... more
Finance and economyHitachi agreement. Moody: Finmeccanica sale of transportation assets is credit positive
New York, USA - The press release issued by the Investors Service
Moody's Investors Service said that Finmeccanica SpA's (Ba1 negative) announced binding agreement to sell the bulk of its transportation assets to Hitachi, Ltd. (A3 stable) is a credit positive development... more
Finance and economyFinmeccanica: the business plan gets the target but Fitch doesn't exposed
London, UK - The note diffused on the document presented by the aerospace and defence Group; the Agency postpones its opinion
The Fitch’s note diffused about the presentation of Finmeccanica’s Industrial Plan underlines how despiting the good Moretti’s purposes of a larger productive centralization and a cut of the portfolio, the r... more
Finance and economyMauro Moretti: "Strong changes in the next three years"
London, UK - The CEO of Finmeccanica explained the guidelines for the development of the Group
The CEO and General Manager of Finmeccanica Mauro Moretti presented yesterday in London the new Group's business plan for the years 2015-2019. At the meeting with analysts, there was also the Chief Financial... more
Finance and economyAirplanes and finance. Atlantia SpA is competing for Santiago del Chile airport
Rome, Italy - The Italian holding would be one of the bidders for a twenty-year concession over the South American facility
Atlantia SpA is one of the bidders for the management of Santiago del Chile airport. The news was reported by “Milano Finanza”, saying that the Italian holding applied through the “Grupo Aeropuerto Santi... more
Finance and economyFinmeccanica: financial calendar 2015
Rome, Italy - Five events from March to November: four BoDs and a shareholders' meeting
Finmeccanica informs the annual calendar of corporate events for the year 2015 is as follows: - Wednesday 18 March – Board of Directors: Draft Annual Report for 2014; Consolidated Results for 2014; - T... more
Finance and economyFinmeccanica: the Japanese offer might not be binding
Rome, Italy - The news was given by the Italian newspaper "Il Sole 24 Ore" that quoted sources close to Hitachi
According to the Italian newspaper “Il Sole 24 Ore”, which on November 19 reported rumours from sources close to Hitachi Group, the offer made on Monday 17 by the Japanese firm to buy AnsaldoBreda and... more
Finance and economyFinmeccanica: renewal of the bond issue program “Euro Medium Term Note Programme”
Rome, Italy - For additional 12 months
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, has resolved to renew the bond issue program “Euro Medium Term Note Programme” (EMTN) for additional 12... more
Finance and economyStandard & Poor’s revises Finmeccanica outlook from stable to negative
Rome, Italy - But the agency confirmed the rating
Standard & Poor’s confirmed Finmeccanica long-term rating to “BB+” and short-term to “B”, but at the same time revised its outlook from stable to negative. The agency explains in a note that the revis... more
Finance and economyFinmeccanica in the Dow Jones Sustainability Indexes for the fifth consecutive year
Rome, Italy - Beside the Group, just four other A&DS companies admitted
Fifth consecutive endorsement on sustainability for Finmeccanica. Also for 2014-2015, in fact, Company has been admitted to the Dow Jones Sustainability Indexes World and Europe (DJSI), which reward the... more
Finance and economyFinmeccanica evaluates the acquisition offers for AnsaldoBreda and Ansaldo Sts
Milan, Italy - But the Group specifies that the proposals are “Non binding”
Finmeccanica stated yesterday that "At the moment (according to the schedule previously announced) the company’s correct department in charge are examining the non binding offers expressed by several s... more
Finance and economyFinmeccanica: available filing of documentation on half-year financial report
Rome, Italy - At the company's headquarters and on its website
Finmeccanica advises that the Half-Year Financial Report at 30 June 2014, complete with the Independent Auditors Report on the condensed Interim Financial Statements, is available at the Company’s headquarters, a... more
Finance and economyFinmeccanica: the BoD approves the half-year financial report at 30 June 2014
Rome, Italy - New orders materially increasing (+ 43%). Order backlog worth EUR 37.6 billion
The Board of Directors of Finmeccanica, convened today under the chairmanship of Gianni De Gennaro, has examined and unanimously approved the Half-Year Financial Report at 30 June 2014. The results... more
Finance and economyAircraft and finance. Castellucci: Alitalia-Etihad talks to be concluded by July's end"
Rome, Italy - AdR CEO opens to the entry of a partner in the management firm of Rome's Fiumicino and Ciampino airports
The talks between Alitalia and Etihad Airways for the entry of the Abu Dhabi-based company in the ownership structure of the main Italian carrier must be concluded by the end of July: this is the thought... more
Finance and economyFinmeccanica: the shareholders' meeting approves 2013 financial statements
Rome, Italy - New Board of Directors appointed for the three-year term (2014–2016)
The Shareholders’ Meeting of Finmeccanica SpA, which convened yesterday in Rome, has approved the Company’s financial statements for 2013 and examined the consolidated financial statements. Key eco... more
Finance and economyFinmeccanica: the BoD approves the interim financial report at 31 March 2014; results in line with forecasts
Rome, Italy - New orders up by 11% thanks to the Aerospace and Defence sectors. Order backlog worth EUR 36.7 billion
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 31 March 2014. The results of... more
Finance and economyFinmeccanica and shareholders' meeting: filing of Remuneration Report
Rome, Italy - Convened in May
Finmeccanica advises that, with reference to the Ordinary Shareholders’ Meeting, convened for 9 and 15 May 2014 (first and second call) and to the Extraordinary Shareholders’ Meeting, convened for 9,... more
Finance and economyFinmeccanica: publication of the list of candidates for the Board of Directors
Rome, Italy - Proposals to be voted by the Shareholders’ Meeting
In view of the forthcoming Extraordinary Shareholders’ Meeting, which is convened for 9, 14 and 15 May, 2014, on first, second and third call respectively, and of the Ordinary Shareholders’ Meeting, con... more
Finance and economyFinmeccanica: rescheduling of Financial calendar for 2014
Rome, Italy - The BoD to approve results for the 1Q14 on Tuesday 6 May
Fimeccanica informs that, as partial amendment to the Financial Calendar released on 20 December 2013, the Board of Directors’ Meeting to approve the Results for the First Quarter 2014 will be held on T... more
Finance and economyAircraft and finance. Does Etihad want a double marriage with Alitalia and ADR?
Rome, Italy - The Abu Dhabi-based company is reportedly interested in joining the ownership structure of the management firm of Rome's Fiumicino and Ciampino airports
The signature of what can be called a "Prenuptial agreement" between Alitalia and Etihad might arrive today, Friday 4 April 2014, as confirmed by several sources with knowledge of the details, such as... more
Finance and economyFinmeccanica. Shareholders' meeting: filing of documentation...
Rome, Italy - ... Regarding the Annual Financial Report and well-grounded proposal by the Board of Statutory Auditors at the seventh point on the Agenda
With reference to the Ordinary Shareholders’ Meeting, convened for 9 and 15 May 2014 (first and second call) and to the Extraordinary Shareholders’ Meeting, convened for 9, 14 and 15 May 2014 (first, sec... more
Finance and economyFinmeccanica's BoD examined the "Flick Committee" report stating, body appointed in April 2013
Rome, Italy - The Board also approved the Group’s 2013 draft Sustainability Report
The Board of Directors of Finmeccanica, which met yesterday under the chairmanship of Gianni De Gennaro, examined the report drafted by the "Flick Committee", an independent body appointed by the Board... more