Ferrari’s (NYSE:RACE) CEO Camilleri Buying Shares

Ferrari’s (NYSE:RACE) CEO Camilleri Buying Shares

$RACE Last December Ferrari (NYSE:RACE) CEO Louis C. Camilleri’s purchased company stock, and he is now in the Pole position to earn millions of dollars, as the company drives forward on all 12 cylinders. Last July, Ferrari announced MR. Camilleri, former Chairman & CEO of Philip Morris International, was to take the helm following the untimely death of CEO & Chairman Sergio Marchionne. At […]

Ferrari (NYSE:RACE) Shares + 27% in January

Ferrari (NYSE:RACE) Shares + 27% in January

$RACE Last month, shares of the iconic Italian luxury sports-and-racing-car maker Ferrari (NYSE:RACE) rose according to the pattern that set up at the end of December, aka a Key reversal. According to data from S&P Global Market Intelligence, Ferrari’s shares rose just over 27% in January far outpacing the S&P 500 Index’s 7.87% gainer. Some of that increase was […]

Ferrari (NYSE:RACE) Surprise, Targets Raised for 2020, Share Price Spikes

Ferrari (NYSE:RACE) Surprise, Targets Raised for 2020, Share Price Spikes

$RACE,$FCAU Ferrari (NYSE:RACE) expects growth in core earnings to accelerate to 10% this year and CEO Louis Camilleri said he may raise targets for Y 2020, betting on new models and Special Editions at premium prices for its loyal clienti, and admirers. Thursday, after the earning’s call shares in the Italian luxury carmaker rose nearly […]

Ferrari (NYSE:RACE) New Car Sales + 11% in Q-3, Profit Doubles

Ferrari (NYSE:RACE) New Car Sales + 11% in Q-3, Profit Doubles

Ferrari (NYSE:RACE) New Car Sales + 11% in Q-3, Profit Doubles $RACE Ferrari’s (NYSE:RACE) sales mix favored the entry level Portofino convertible in Q-3 rather than its high-margin Limited-Edition models on availability, weighing a bit on the Italian company’s earnings. Investors are looking for reassurance that CEO Louis Camilleri can maintain Ferrari’s strong growth achieved […]

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced  plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]

Ferrari’s (NYSE:RACE) Shareholders Approve Louis Camilleri as Its New CEO.

Ferrari’s (NYSE:RACE) Shareholders Approve Louis Camilleri as Its New CEO.

Ferrari’s (NYSE:RACE) Shareholders Approve Louis Camilleri as Its New CEO $RACE Ferrari to build a future as good as its past with new CEO In July the iconic Italian Supercar maker Ferrari announced it had appointed board member Louis Camilleri as its new CEO, replacing Sergio Marchionne was seriously ill, and died a few days later. An emergency […]

Ferrari’s (NYSE:RACE) New Man at the Wheel, Louis Camilleri

Ferrari’s (NYSE:RACE) New Man at the Wheel, Louis Camilleri

Ferrari’s (NYSE:RACE) New Man at the Wheel, Louis Camilleri $RACE F1 is always packed with intrigue… And so, the F1 press was intrigued to see how Ferrari’s new CEO Louis Camilleri came across during his 1st appearance in front of the them at Monza Friday.  There is was, turned out in jeans, long sleeve polo shirt […]

Profile: Ferrari’s (NYSE:RACE) New Boss Post-Marchionne

Profile: Ferrari’s (NYSE:RACE) New Boss Post-Marchionne

Profile: Ferrari’s (NYSE:RACE) New Boss Post-Marchionne $RACE, $FCAU Ferrari’s (NYSE:RACE) new boss Louis Camilleri, 63 anni, is an international tobacco industry veteran just may have what is needed to guide the iconic Italian luxury Supercar maker on its next lap forward, analysts and industry insiders are saying. Mr. Camilleri was appointed Ferrari CEO on 21 July, […]

Ferrari (NYSE:RACE) Names Louis Camilleri Its New CEO

Ferrari (NYSE:RACE) Names Louis Camilleri Its New CEO

Ferrari (NYSE:RACE) Names Louis Camilleri Its New CEO $RACE At the weekend Ferrari announced Louis Camilleri, the former Chairman/CEO of Philip Morris International and a current Ferrari board member, will be the company’s new CEO. The news followed the announcement that current CEO/Chairman Sergio Marchionne was “unable to return to work” following health issues. Some shareholders were rattled by the change, since […]