Top Income Companies To Own In Right Now

Top Income Companies To Own In Right Now: UniCredit SpA (UCG)

UniCredit SpA is an Italy-based holding company engaged in the financial sector. The Companys division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas. The Centralized Multi-Local Approach takes responsibility for the distribution networks and customer relationships. The Global Products Lines are responsible for developing the products and services across all geographic areas. The Global Service Lines which supply the network coverage functions and product factories with specialized services, including Banking Back Office, Information and Communication Technology, Credit Collection, Procurement Services, Real Estate and Shared Service Centers. On October 28, 2013, the aggregate sale by UniCredit SpA of Fondiaria Sai SpA equal to 6.7% was complied. Advisors' Opinion:

• [By Jonathan Morgan]

  UniCredit SpA (UCG) added 2.2 percent to 4.26 euros. Italys biggest bank said second-quarter net income climbed to 361 million euros from 169 million euros a year earlier. That was in line with the 360 million-euro average estimate of eight analysts surveyed by Bloomberg. The Milan-based bank posted a 254 million-euro return from the buyback of 4.2 billion euros of senior securities in April, according to a statement today.

• [By Corinne Gretler]

  Norsk Hydro (NHY) ASA slumped the most in one year after Vale SA sold a stake in the aluminum maker. UniCredit SpA (UCG) and Infineon Technologies AG added at least 1 percent each after posting quarterly profit that beat projections. Henkel AG rose 2.1 percent as third-quarter profit beat analysts estimates.

• [By Alexis Xydias]

  Banks led the rally over the past four months, with Paris-based Societe Generale SA (GLE) and UniCredit SpA (UCG), Italys bigg! est lender, surging more than 45 percent.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-income-companies-to-own-in-right-now-2.html