VP Bank's share price was EUR 80.75 on November 27, 2024, reflecting a daily decline of 1.22%, yet it has gained 6.19% over the month. With a market capitalization of EUR 487.2 million, the bank's price/earnings ratio stands at 10.99, while the share price is 46.13% above its 52-week low but 26.93% below its yearly high. Recent analyses indicate a pressing need for action among shareholders regarding buying or selling decisions.
14:08 27.11.2024
A Swiss court acquitted Credit Suisse of money laundering charges linked to a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The ruling cited the death of a former employee, which hindered the examination of alleged criminal code violations. UBS, now the parent company, welcomed the decision, noting it pertains to legacy issues from Credit Suisse.
14:07 27.11.2024
Banco Santander SA is currently unable to acquire Portugal's Novo Banco SA due to insufficient capital, despite the strategic advantages such a deal would offer, according to Alantra Partners SA analyst Francisco Riquel. The acquisition could enhance Santander's presence in Portugal and present cost-cutting opportunities.
The AZEK Company Inc. will present at the UBS Global Industrials and Transportation Conference on December 3, 2024, at 1:00 PM ET in Manalapan, Florida. Peter Clifford, Senior Vice President and CFO, will lead the presentation, which will be available for live streaming on the company's investor website. A replay will be accessible shortly after the event.
14:05 27.11.2024
Power Integrations (POWI) will present at the UBS Global Technology and AI Conference on December 4, 2024, at 2:55 PM Mountain time in Scottsdale, Arizona. The presentation will be available for live viewing and later access as an archived webcast on the investor page of Power Integrations' website at investors.power.com.
14:05 27.11.2024
The Federal Criminal Court in Bellinzona acquitted UBS in a money laundering case linked to the Bulgarian mafia, which originated from Credit Suisse's past. Credit Suisse had previously been fined 2 million francs and ordered to pay 19 million in compensation. Two defendants received reduced sentences, with one Bulgarian's term cut from 36 to 29 months and a former Julius Baer employee's from 14 to 5 months with parole.
rsi
14:01 27.11.2024
The Federal Criminal Court has acquitted UBS in the Bulgaria case, previously linked to Credit Suisse, which was fined for failing to combat money laundering involving the Bulgarian mafia. The court reduced sentences for two other defendants, including a confidant of mafia boss Evelin Banev, who received a 29-month prison sentence. The ruling is not yet legally binding and can be appealed to the Federal Supreme Court.
14:00 27.11.2024
The Rabbit r1, a $200 device resembling a mini tablet, has sold over 100,000 units despite initial criticism for performance issues. Meanwhile, Bee AI is launching its GenAI device, the Bee, for $49.99, which functions as a digital assistant and integrates with healthcare tools. However, the generative AI hardware market remains underwhelming, with limited consumer adoption and confusion over device capabilities.
American Axle & Manufacturing Holdings, Inc. (AAM) will present at the UBS Global Industrials and Transportation Conference on December 4, 2024, at 1:00 p.m. ET. The presentation will be webcast live on AAM's Investor Relations page, with a replay available afterward. AAM, a leading Tier 1 automotive supplier, focuses on driveline and metal forming technologies for various vehicle types.
14:00 27.11.2024
Union Pacific Corporation executives, including CEO Jim Vena, CFO Jennifer Hamann, and EVP of Operations Eric Gehringer, will present at the UBS Global Industrials & Transportation Conference on December 4, 2024, at 8:50 a.m. ET. The presentation will be accessible via live webcast on Union Pacific's investor relations website, with a replay available shortly after the event.
14:00 27.11.2024
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