UBS shares rose 0.1% in morning trading, reaching a high of CHF 24.29, with a trading volume of 201,721 shares. The stock is down 26.28% from its 52-week high of CHF 32.88 and has a forecasted dividend of USD 0.987 for the current year. Upcoming Q1 2025 results are expected on April 30, 2025.
ubs upgrades danone to buy amid market uncertainties
UBS has upgraded Danone to a 'Buy' rating, indicating a positive outlook for the company's stock. However, the information provided is for informational purposes only and does not constitute a recommendation to buy or sell securities. Investors are advised to seek expert investment advice tailored to their individual needs, as there are inherent risks involved in purchasing securities.
Adani Energy Solutions reports 79 percent increase in fourth quarter profit
Adani Energy Solutions has reported a remarkable 79% increase in profit for the fourth quarter. This significant growth highlights the company's strong performance and resilience in the energy sector. The results reflect a positive trajectory for Adani Energy Solutions moving forward.
vici properties reports earnings miss and declares quarterly dividend
VICI Properties reported Q1 earnings of $0.57 per share, missing estimates of $0.67, while revenue reached $976.05 million, surpassing expectations. The company declared a quarterly dividend of $0.4325, yielding 5.24%, and has a payout ratio of 67.58%. Analysts maintain a "Moderate Buy" rating with a consensus price target of $34.63.
BNP Paribas reported a first-quarter net profit of €2.95 billion, down 4.9% year-on-year, aligning with expectations. While group revenue rose 3.8% to €12.96 billion, operating expenses increased by 4.0%, missing consensus estimates. The bank reiterated its growth targets through 2026, highlighting its strong position to benefit from Europe's reinvestment momentum.
deutsche bank predicts significant decline of us dollar towards 1.30
Deutsche Bank analysts predict a significant downtrend for the U.S. dollar, forecasting an appreciation of the EUR/USD exchange rate to 1.30 by the end of the decade. This shift is driven by major global policy changes, including a historic alteration in U.S. trade policy and a reassessment of U.S. geopolitical leadership. The bank highlights the diminishing willingness of the international community to finance U.S. deficits and the potential for market disruptions amid evolving policy norms.
cameroon road project enhances connectivity and boosts regional economic growth
The Presidential Power Initiative (PPI) aims to enhance Nigeria's electricity capacity through three phases, ultimately reaching 25 GW. A pilot project with Siemens Energy and Deutsche Bank will add 1,300 MW via mobile substations, improving grid reliability and reducing outages.In Cameroon, the National Development Strategy 2020–2030 includes a commitment to deliver 11,300 km of asphalt roads by 2027, with the Olounou-Oveng project expected to boost trade and reduce travel time. Funded by a €94.8m ECA facility, the project is now in the construction phase.
Russian court upholds 2 billion euro damages against Raiffeisen Bank International
A Russian court has dismissed Raiffeisen Bank International AG's appeal against a ruling requiring the bank to pay 2 billion euros in damages. The banking group, which operates in retail and other banking sectors, managed EUR 119.3 billion in deposits and EUR 99.4 billion in loans by the end of 2023, with a network of 1,519 agencies across Europe.
UBS has reduced its target price for EssilorLuxottica from 272 to 256 euros while maintaining a "Neutral" rating. Analyst Susy Tibaldi noted a mixed performance in the first quarter, with a strong business trend in April but concerns over weakening in North America, customs risks, and currency burdens leading to lowered forecasts.
ubs lowers price target for kering in recent analysis
UBS has lowered its price target for Kering, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has not influenced the analysis and holds no responsibility for its content. The institution maintains a conflict of interest management policy to ensure objectivity in its investment recommendations.