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Ferrovie and its adviser, investment bank Mediobanca, have discreetly sounded out Atlantia after being turned down by a string of other companies. Reuters was unable to immediately reach a Delta spokeswoman cufflinks shirt. Atlantia has been burned by Alitalia once before, having lost 190 million euros when it participated in a rescue in 2008. “We have many open fronts, we can’t afford to open a further, particularly complex one,” Atlantia CEO Giovanni Castellucci said on Thursday, speaking to shareholders..

In addition to the bridge disaster, Castellucci said he was also dealing with the government over its lengthy approvals process which was blocking 4.9 billion euros in group projects cufflinks shirt. Some financial analysts say a quid pro quo would make sense. “We reckon a possible agreement over Alitalia would be positive for Atlantia, because it would lead to a rapprochement with the government,” broker Equita said in a note this week. For now, Ferrovie is ready to take a 30 percent stake in Alitalia, Delta Air Lines would invest 100 million euros for a stake of 10-15 percent and another 15 percent would probably go to the Italian treasury, sources familiar with the matter say..

But there is still a question mark over who would take the remaining 40-45 percent of the carrier. British budget airline easyJet walked away from talks with Ferrovie last month, state-controlled defense group Leonardo and postal operator Poste Italiane said they were not interested in the deal. If Ferrovie and Delta cannot find co-investors, Rome would face its least favored option: a takeover by German carrier Lufthansa which has said it would only rescue Alitalia if the government were first to carry out major job cuts cufflinks shirt.

WASHINGTON (Reuters) – The Securities and Exchange Commission on Friday said Silicon Valley-based Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and other investors. The regulator said the online lending platform from around July 2015 until May 2017 excluded certain non-performing charged off loans from its calculation of annualized net returns that it reported to investors. As a result, Prosper overstated annualized net returns to more than 30,000 investors, it said cufflinks shirt.

WASHINGTON (Reuters) – U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates cufflinks shirt. The second straight monthly decline in homebuilding reported by the Commerce Department on Friday probably reflected in part massive flooding in the Midwest, with housing starts in the region plunging to levels last seen in early 2015. The weak report bucked a recent tide of upbeat data, including retail sales, trade and construction spending, that indicated the economy regained speed late in the first quarter after appearing to stumble at the turn of the year..