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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:21 EDTTI, TEFTelecom Italia largest owner to propose Recci as chairman, Bloomberg says
Telecom Italia (TI) main owner, Telco, is set to propose Giuseppe Recchi as chairman to lead the company's turnaround effort, according to Bloomberg, citing people familiar with the matter. Telco is a Telefonica (TEF)-led holding company that owns 22.4% of the Italian phone carrier. Reference Link
News For TI;TEF From The Last 14 Days
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October 24, 2014
06:39 EDTTITelecom Italia nears agreement to divest TIM mobile towers, Reuters says
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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