italy

Amazon.com Inc. confirmed on Sunday that two of its employees have symptoms of the coronavirus (COVID-19). What Happened The employees contracted the virus in Milan, Italy and have been quarantined, the e-commerce giant said, Reuters reported. Italy has reported at least 1,694 confirmed...

The Italian government is begging U.S. major Delta Air Lines, Inc. (NYSE: DAL) to up the proposed acquisition of a 10% stake in Alitalia for $100 million to at least 15%, according to a report in Italian media. Loss-making Alitalia has been seeking new investors for more than two years after going...

After seeing a $31 million jury award against Navistar International (NYSE: NAV) wiped out by a Tennessee appeals court last week, Milan Supply Chain Solutions is confident it can convince the state's highest court it should get it back. A three-judge panel sitting on Tennessee's Court of Appeals...

Last year, European stocks and the related exchange-traded funds dealt with the specter of a populist wave sweeping across the Eurozone. Election results in France and the Netherlands assuaged those concerns, but thanks to recent events in Italy, some global investors are concerned about a populist...

The overall macro environment continues to improve, which bodes well for a select group of REITs, according to Stifel. The Analyst Stifel's John Guinee made the following rating changes to REIT stocks under coverage: Highwoods Properties Inc (NYSE: HIW) upgraded from Hold to Buy with a price...

U.S. stocks were hit hard Tuesday, partly due to political turmoil in Italy as the country's President Sergio Mattarella rejected an economic ministry nominee who holds a "euroskeptic" stance. Cramer: Italy Needs A 'Transformation' Italy's economy and political system is...

Italian President Sergio Mattarella rejected an economic ministry nominee Sunday who would have laid groundwork for a euroskeptic government and struck at the stability of the euro. The threat of Italy’s withdrawal from the euro is not yet neutralized, though. Why It’s Important...

The iShares MSCI Italy ETF (NYSE: EWI), the largest U.S.-listed exchange-traded fund dedicated to Italian stocks, finished slightly lower Monday, a day after Italian election results indicated increased odds of a hung parliament and voters favoring far-right, populist parties. Last year, voters in...

On a historical basis, Italy is politically volatile relative to other developed markets. Since 2001, Italy has had seven prime ministers, more than double the number of presidents the U.S. had over the same span. Italian equity markets and the related exchange traded funds, such as the iShares...

The SPDR EURO STOXX 50 ETF (NYSE: FEZ) is up almost 4 percent year-to-date and resides less than 1 percent below its 52-week high, impressive points when considering the potential for elevated political volatility surrounding European equity markets this year. Election Volatility As is widely known...

Between Brexit and the outcome of the recent U.S. presidential election, the global political environment in 2016 has taught investors to expect the unexpected. With that in mind, the outcome of last weekend's referendum in Italy, which resulted in the resignation of Prime Minister Matteo...

Among developed market currencies, the euro is disappointing investors. Disappointing because many investors were betting various monetary stimulus efforts by the European Central Bank (ECB) would serve to weaken the common currency, but nearly eight months into 2016, the Guggenheim CurrencyShares...

Italy may be the next epicenter of European economic turmoil. According to Bloomberg’s Melvyn Krauss, the extreme measures that Italy may need to take to right the ship could force its exit from the eurozone. Italy’s non-performing loans currently represent 20 percent of GDP and the...

Among sector exchange traded funds, few were caught in the Brexit crossfire on par with the iShares MSCI Europe Financials ETF (NASDAQ: EUFN). EUFN is down 20.1 percent over the past month, a decline that meets the definition of a bear market. It stands to reason. Financial services was...

On a year-to-date basis, the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is the only single-country exchange-traded fund tracking a PIIGS economy that is trending upward. Then again, none of those ETFs have been nearly has bad as the iShares MSCI Italy Index (ETF) (NYSE: EWI). The...