No further room for dissembling or unreasoned hope: Ing C Olivetti & Co SpA announces its preliminary 1996 group results late today. They could include huge write-down and restructuring charges and the share price went into a decline, slumping almost 7% before settling off 1.81% at 645 lire as the market wallowed in fears that net losses could come to $560m or even more for 1996.
OLIVETTI SHARES FALL BEFORE RESULTS ANNOUNCEMENT
