Europe TMT Weekly Update articles from March 2005

Europe TMT Weekly Update archives from March 2005

By the numbers.(Brief Article)(Illustration)
March 7, 2005... By The Numbers Week Ended March 4 Weekly Close Change YTD% FTSE eTx 50 Index 353.53 0.45 7.93% FTSE Eurofirst 300 ...

Eye on the market.(Brief Article)
March 7, 2005... European technology, media and telecommunications stocks underperformed the broad markets last week, as investors picked up energy stocks as oil prices climbed. The earnings season continued for sector stocks, with Deutsche Telekom posting a...

Last week's top stories.(Telefonica)(Kudelski)(KPN)(l)(Brief Article)
March 7, 2005... MONDAY Telefonica FY net profit rises 30.6% to 2.877 billion euros. Kudelski posts 77.2 million Swiss francs FY net profit. France Telecom names Didier Lombard new CEO, replacing Thierry Breton. TUESDAY KPN FY pre-tax profit...

Select earnings expected this week.(Looking Ahead)(Brief Article)
March 7, 2005... * Mobilcom (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from 0.49 euros to 0.87 euros. * Danware (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from 5.73 Danish...

IPOs due this week.(Looking Ahead)(Brief Article)
March 7, 2005... * Pay-television group Premiere Floats on the Frankfurt Stock Exchange on 9 March. Price range: 24-28 euros.

Notes and quotes.(Brief Article)
March 7, 2005... * David Kingham, chief executive of incubator business Oxford Innovation, said "There is very little activity from venture capitalists, especially for deals below 5 million [pounds sterling]. Many of the executives who specialised in technology...

By the numbers.(Illustration)
March 14, 2005... By The Numbers Week Ended March 11 Weekly Close Change YTD% FTSE eTx 50 Index 348.81 -4.72 6.48% FTSE Eurofirst 300 ...

Eye on the market.(Brief Article)
March 14, 2005... European technology, media and telecommunications stocks declined in line with the broader markets last week, as the continued strength in crude oil prices weighed heavily on equities. Media stocks were in the spotlight with a number of...

Last week's top stories.(Brief Article)
March 14, 2005... MONDAY Portugal Telecom agrees to sell the group's 80.9% stake in Lusomundo Media to Controlinveste for 300.4 million euros. Infineon downgraded to 'underperform' from 'neutral'. TUESDAY Siemens says its handset restructuring...

Select earnings expected this week.(Looking Ahead)(Brief Article)
March 14, 2005... * Roularta (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from 3.29 euros to 3.61 euros. * Telekom Austria (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from 1.60...

Select economic data expected this week.(Looking Ahead)(Brief Article)
March 14, 2005... MONDAY United Kingdom * Producer Price Index (PPI) (February). Last month, PPI rose by 2.6% year-on-year. TUESDAY France * Consumer Price Index (CPI) (February). Last month, CPI rose by 1.5% year-on-year. Italy ...

Notes and quotes.
March 14, 2005... * Wendy Hart, head of the Grant Thornton technology group speaking about renewed confidence in the technology sector, said: "There is a general return of confidence... People are feeling more positive. They have been fighting a backlash for...

By the numbers.(stock price indexes)(Brief Article)(Illustration)
March 21, 2005... By The Numbers Weekly Close Change YTD% FTSE eTx 50 Index 345.89 -2.92 5.59% FTSE Eurofirst 300 1,081.60 ...

Eye on the market.(market research of information technology services industry, telecommunications industry and media industry)(Brief Article)
March 21, 2005... European technology, media and telecommunications stocks were mixed after global markets fell back as the pressure of record high oil prices weighed. In the telecoms sector, the Guardian reported Vodafone was struggling to attract customers to...

Last week's top stories.
March 21, 2005... MONDAY O2 changes its name from mmO2 and raises 375 million pounds in stock placing to buy out small shareholders. Tandberg Data acquires 100% of shares in Computer Design Group. TUESDAY Computercenter's FY profit before tax rises...

Select earnings expected this week.(Looking Ahead)(sales and earnings of Ericsson S.A., Mediaset and Unaxis)(Brief Article)
March 21, 2005... * Tiscali (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from -0.44 euros to -0.15 euros. * CAD IT (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from 1.60 euros to...

Select economic data expected this week.(Looking Ahead)(economic forecasting)(Brief Article)
March 21, 2005... MONDAY Italy * Unemployment Rate (Q4'04). In the previous quarter, unemployment stood at 8.1%. TUESDAY France * Consumer Manufactured Goods Consumption (February). Last month, consumption was up 3.8% year-on-year. ...

Notes and quotes.
March 21, 2005... * Doug Richard, technology investor and founder of Library House and Cambridge Angels speaking about resurgent technology stocks said: "Is the market over-reacting to tech stocks? I would say, yes it is. There are going to be more losers than...

By the numbers.(Illustration)
March 28, 2005... By The Numbers Weekly Close Change YTD% FTSE eTx 50 Index 343.87 -2.02 4.98% FTSE Eurofirst 300 1,085.17 ...

Eye on the market.(Brief Article)
March 28, 2005... European technology, media and telecommunications stocks were mixed last week, amid thin sector motivating news, while the broader markets came under pressure from high oil prices and U.S. inflation concerns, raising fears that the Federal...

Last week's top stories.(Brief Article)
March 28, 2005... MONDAY Vodafone buys back 27,000,000 of its own ordinary shares. Talks between Apax Partners, Texas Pacific Group and Telecom Italia Mobile to buy TIM Hellas reportedly end without agreement. Infineon Technologies and Rambus end legal...

Select earnings expected this week.(Looking Ahead)(Brief Article)
March 28, 2005... * Unilog (FY Earnings) EPS estimates for the fiscal full year ending December 2004 range from 2.02 euros to 2.40 euros. * Inditex (FY Earnings) EPS estimates for the fiscal full year ending January 2005 range from 0.88 euros to...

Select economic data expected this week.(Looking Ahead)(Brief Article)(Chronology)
March 28, 2005... TUESDAY France * Producer Price Index (February). Last month, producer prices rose by 2.8% year-on-year. WEDNESDAY Euro Area * EMU-M3 Money Supply (February). Last month, the money supply was up 6.6% year-on-year. ...

Notes and quotes.
March 28, 2005... * Nick Bell, analyst at Bear Sterns, speaking about the proposed merger between Captial Radio and GWR said: "Where are the costs savings? There aren't many overlapping interests." Financial Times, 21/3/05. * Andrew Burke, head of BT...