|Bid||0.00 x 90400|
|Ask||0.00 x 200000|
|Day's Range||6.59 - 6.59|
|52 Week Range||4.63 - 7.11|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Italy's market watchdog Consob has fined Cattolica Assicurazioni and eight of the insurer's former executives and auditors a total of 620,000 euros ($647,714) for misleading the market about its governance structure. Consob said in a statement that it had fined Cattolica 220,000 euros and five ex-board members, including former chairman Paolo Bedoni, 50,000 euros each for breaching transparency obligations to the market. Both Cattolica and Bedoni were not immediately available for comment.
Italy's top insurer Generali has raised its stake in smaller rival Cattolica Assicurazioni to 91.5% after a reverse accelerated book-building (RABB) procedure, it said on Tuesday. Generali paid around 105.3 million euros ($112.91 million) to buy further 15,604,182 Cattolica's shares - or around 6.8% of its capital - at a price of 6.75 euro each, it added. Last October Generali sealed its 1.17 billion euro takeover of the smaller rival in a move aimed at cementing its domestic market leadership.
(Bloomberg) -- Apple Inc., suffering from a global supply crunch, is now confronting a different problem: slowing demand. Most Read from BloombergThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsEven in the Metaverse, Not All Identities Are Created EqualThe $300 Billion Plan to Bring Green Power to China’s MegacitiesMeet the New Climate Refugee in Town: CoyotesThe company has told its component suppliers that demand