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FTSE MIB Slips amid Lenders Rating Downgrades

The FTSE MIB index fell 0.2% to 43,433, driven by declines in financial stocks. UniCredit dropped 1% after Fitch's negative outlook, Mediobanca fell 1.8% following a Barclays downgrade, and Eni lost 1.5% due to a JPMorgan downgrade. Conversely, Stellantis rose 2.3% after a UBS upgrade, with STMicroelectronics and Ferrari also posting gains.

Trading Economics·
US
STM
+1.33%
US
RACE
-0.01%
US
STLA
+1.77%
Trading Economics·
US
STM
+1.33%
US
RACE
-0.01%
US
STLA
+1.77%

Stellantis Employee Share Purchase Plan Completes 2025 Edition

Stellantis Employee Share Purchase Plan Completes 2025 Edition

marketscreener·
US
STLA
+1.77%
marketscreener·
US
STLA
+1.77%

BofA Expects 'Strong Finish' from Ferrari in FY26; Buy Rating Maintained

BofA Expects 'Strong Finish' from Ferrari in FY26; Buy Rating Maintained

marketscreener·
US
RACE
-0.01%
marketscreener·
US
RACE
-0.01%

Stellantis Employees Subscribe To 22 Mln Shares Over 3 Years, Amounting To EUR 209 Mln

Stellantis NV :EMPLOYEES SUBSCRIBE TO 22 MILLION SHARES OVER 3 YEARS, AMOUNTING TO EUR 209 MILLIONAVERAGE EMPLOYEE INVESTMENT IN 2025 SURPASSED €1,150

Reuters·
US
STLA
+1.77%
Reuters·
US
STLA
+1.77%

Stellantis Told by Canada it Breached Public Finance Deal After Moving Plant to US

Stellantis has been accused by the Canadian government of breaching a public finance agreement after relocating production from Ontario to Illinois, affecting 3,000 jobs. Canada had pledged over 500 million CAD to support Stellantis' plans for two assembly plants. Industry Minister Melanie Joly emphasized the government's commitment to protecting auto jobs. Stellantis disputes the breach of contract claim.

fidelity·
US
STLA
+1.77%
fidelity·
US
STLA
+1.77%
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