Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Ferrari N.V. Add to portfolio

FTSEMIB:RACE, Apr 23, 04:51 UTC

Latest FTSEMIB:RACE News

Filter your feed

Apply Filter

Tuesday, April 16


News

Exor: The European Berkshire Hathaway

RACE BRK.B

Exor (EXO.MI), the Italian holding company of the Agnelli family, has published its annual letter to shareholders. In managing his family's holding company, he closely follows the Berkshire Hathaway conglomerate model: focusing on enlarging businesses moats, adding great managers and making great capital allocation decisions. With this acquisition, Exor came even closer to embodying Berkshire's model, adding the float of an insurance company to be used to invest in other great businesses. "The journey we started together when Sergio took over FIAT, which was losing EUR5 million a day, led us to places we could not have imagined in our wildest dreams - from the turnaround of FIAT to the rescue of Chrysler, the creation of CNH Industrial, the foundation of FCA and the IPO of Ferrari. What used to be a troubled Italian Industrial conglomerate with an illustrious past became, under Sergio's leadership, three separate companies, all global leaders in their respective industries, with great futures ahead of them."

Read Full Details

Topics:
  • Business
  • Financial

Monday, April 15


News

Here's Why Ferrari (RACE) is a Great Momentum Stock to Buy

RACE RACE

Here's Why Ferrari (RACE) is a Great Momentum Stock to Buy. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment.

Read Full Details

Topics:
  • Business
  • Financial
News

Ferrari N.V.: periodic report on the buyback program

RACE RACE

Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:. Total. Since the announcement of the buyback program dated 28 December 2018 till 12 April 2019, the total invested consideration has been Euro 56,038,718.96 for No. 6,279,419 common shares held in treasury as of 12 April 2019. As of the same date, the Company held 2.44% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan. A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).

Read Full Details

Topics:
  • Business
  • Financial

Sunday, April 14


Social Chatter

Ferrari N.V. (FTSEMIB:RACE) social chatter is higher than usual

RACE
F1 2019 grid and new drivers: Alfa Romeo and Racing Point join, Raikkonen leaves Ferrari – all of the team lists https://t.co/Bn2CIdZ1xi

Friday, April 12


News

Ferrari announces voting results from its Annual General Meeting

RACE RACE

The Shareholders approved the 2018 Annual Accounts and a dividend in cash1 of Euro 1.03 per outstanding common share, totalling approximately Euro 194 million. Piero Ferrari, Delphine Arnault, Giuseppina Capaldo, Eduardo H. Cue, Sergio Duca, Maria Patrizia Grieco, Adam Keswick and Elena Zambon were elected as non-executive directors of Ferrari. Pursuant to the authorization, which does not entail any obligation for Ferrari but is designed to provide additional flexibility, Ferrari may purchase shares of its own common stock from time to time in the 18 months following the AGM, at a purchase price per share between, on the one hand, an amount equal to the par value of the shares and, on the other hand, an amount equal to 110% of the market price of the shares on the New York Stock Exchange and/or the Mercato Telematico Azionario (as the case may be), the market price being the average of the highest price on each of the five days of trading prior to the date on which the acquisition is made, as shown in the Official Price List of the New York Stock Exchange and/or the Mercato Telematico Azionario (as the case may be). Concurrently with the AGM, the Company published its 2018 Sustainability Report.

Read Full Details

Topics:
  • Business
  • Financial
News

Ferrari CEO confident on plan's targets despite uncertain backdrop

RACE RACE

Ferrari CEO confident on plan's targets despite uncertain backdrop. ReutersApril 12, 2019, 2:02 PM GMT. AMSTERDAM (Reuters) - The chief executive of luxury race car maker Ferrari said on Friday he was confident about meeting the targets of a business plan through 2022 despite a backdrop of uncertainties. Speaking at Ferrari's annual general meeting, Louis Camilleri listed among headwinds causing uncertainty trade tensions, a slowdown in the Chinese economy, Brexit and currency volatility. What to read next.

Read Full Details

Topics:
  • Business
  • Financial

Monday, April 08


News

Ferrari N.V.: periodic report on the buyback program

RACE RACE

Maranello (Italy), 08 April 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:. Total. Since the announcement of the buyback program dated 28 December 2018 till 5 April 2019, the total invested consideration has been Euro 51,442,216.53 for No. 6,241,568 common shares held in treasury as of 5 April 2019. As of the same date, the Company held 2.43% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan. A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, April 02


News

Exor's Elkann says commitment to Fiat Chrysler unchanged

RACE

MILAN (Reuters) - The chairman of Exor John Elkann said the Italian holding group's commitment to carmaker Fiat Chrysler remained unchanged. In a letter to Exor shareholders, Elkann, who is also chairman of Fiat, said the next 20 years for the automotive industry, like its first 20 years, would see a greater level of change than during the intervening 100. "We are determined that we and Fiat Chrysler will play our part actively and ambitiously in this new and exciting era," he said in the letter which was published late on Monday. Recent media reports have said France's Renault could be eyeing a bid for Fiat while in March the president of Peugeot family holding company FFP said he would support a new deal and suggested Fiat Chrysler was among the options.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Monday, April 01


News

Ferrari N.V.: periodic report on the buyback program

RACE RACE

Ferrari N.V. (NYSE/MTA: RACE) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares - reported in aggregate form, on daily basis - on the Italian Stock Exchange (MTA) as follows:. Total. Since the announcement of the buyback program dated 28 December 2018 till 29 March 2019, the total invested consideration has been Euro 50,156,618.85 for No. 6,231,005 common shares held in treasury as of 29 March 2019. As of the same date, the Company held 2.49% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company’s equity incentive plan. A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari’s corporate website under the Buyback Programs section (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs).

Read Full Details

Topics:
  • Business
  • Financial

Sunday, March 31


Social Chatter