Legrand has received a reaffirmation of its stock recommendation from UBS, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA maintaining a conflict of interest management policy to ensure objectivity in its investment recommendations.
10:42 28.11.2024
UBS Group AG, which provides a range of financial services, reported a quarterly EPS of $0.43, surpassing estimates of $0.28, with revenues of $19.31 billion. The stock has a "Hold" rating from analysts, with some recommending alternative investments. Recent large acquisitions of UBS shares by various funds indicate ongoing interest in the bank's performance.
10:40 28.11.2024
Macquarie Asset Management is reportedly pursuing a new takeover of Renewi Plc, a London-listed waste management company, after a previous offer was rejected last year. The asset manager is collaborating with advisers on the potential deal, which has led to Renewi's shares surging by up to 25%, marking their largest increase in 14 months. Despite this rise, the stock had fallen 13% this year, valuing the company at approximately £450 million ($569 million).
Partners Group has reported a 70% increase in infrastructure secondary transactions, investing $1.2 billion on behalf of clients over the past year. The firm’s global infrastructure business now manages $26 billion in assets, completing 13 transactions that align with its thematic investment strategy focused on digitization, decarbonization, and "new living." The growing infrastructure secondaries market reflects a shift among Limited Partners towards portfolio management and liquidity solutions.
Enviro Infra Engineers' IPO, which closed with a remarkable 89.90 times subscription, is set to list on November 29. The grey market premium has dipped to Rs 49, reflecting a 33.11% premium over the upper price band of Rs 148. Investors can check their allotment status on Bigshare Services Pvt Ltd's official website.
The US is set to impose new chip sanctions targeting around 200 Chinese companies, including major suppliers to Huawei, further complicating China's efforts for technological self-reliance. This move follows previous restrictions aimed at curbing China's access to advanced technology, particularly in the semiconductor sector, amid ongoing US-China tech tensions. Beijing has condemned the planned trade curbs, vowing to protect its business interests.
Norsk Hydro ASA is a leading global producer of aluminum and energy, with sales activities divided into aluminum production and refining (18.4%), aluminum product manufacturing (42.7%), aluminum sales and trading (36.5%), and energy production (2.4%). Geographically, the company generates revenue primarily from the United States (22.8%), followed by Germany (10.9%) and other regions, including Europe and Asia.
10:28 28.11.2024
Jos Dijsselhof is stepping down as CEO of the Swiss stock exchange after seven years, with Bjørn Sibbern set to take over on January 1, 2025. Sibbern, who joined earlier this year, previously managed stock exchanges at Nasdaq in the Nordic and Baltic regions.
UBS has reaffirmed its Buy recommendation for Norsk Hydro, maintaining a target price of NOK 85 after the company's CMD 2024. While the investor day yielded mixed but expected insights, UBS noted improved clarity on capital allocation and minority dividends as positive developments.
10:24 28.11.2024
UBS maintains a "Buy" rating for Norsk Hydro following a recent Capital Markets Day. BOURSORAMA, acting solely as a distribution channel, emphasizes that the analysis is provided for informational purposes and does not reflect its views or involve any conflict of interest. The institution adheres to strict regulations to manage potential conflicts and ensure objectivity in its investment recommendations.
10:24 28.11.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings