The Central Bank of Nigeria has raised interest rates for the sixth consecutive time this year, increasing the benchmark rate by 25 basis points to 27.5%. Governor Olayemi Cardoso emphasized that there is “no going back” in the effort to combat soaring inflation and stabilize the naira.
Southwest Airlines' director now owns 3,606,311 shares valued at over $108 million, marking a 21.73% increase in their position. Institutional investors hold 80.82% of the stock, with recent significant purchases from Olstein Capital and Mizuho Securities. Analysts maintain a "hold" rating, with UBS Group setting a target price of $27, indicating a potential downside of 16.74%.
14:04 26.11.2024
Delta Air Lines' senior vice president now holds 19,756 shares valued at approximately $1.2 million after a 52.15% reduction in their position. In the last quarter, insiders sold 140,240 shares worth $8 million, while institutional investors own nearly 70% of the company. Analysts maintain a "Buy" rating, with price targets ranging from $72 to $90, despite a recent earnings miss.
14:04 26.11.2024
Coastwise Capital Group LLC and Concurrent Investment Advisors LLC increased their stakes in Alaska Air Group by 6.0% and 3.7%, respectively, during the 3rd quarter. Analysts maintain a "Moderate Buy" rating for the company, with UBS Group setting a target price of $72.00, suggesting a potential upside of 34.65%. Alaska Air Group reported a quarterly earnings per share of $2.25, exceeding estimates, with revenue rising 8.2% year-over-year to $3.07 billion.
14:04 26.11.2024
EVP Kate Gebo sold 17,500 shares of United Airlines at $80.44 each, totaling $1.4 million, reducing her ownership by 30.43% to 40,012 shares valued at approximately $3.2 million. Institutional investors hold 69.69% of the stock, with UBS Group maintaining a "buy" rating and a target price of $139.00, indicating a potential upside of 43.55%. United Airlines reported a quarterly EPS of $3.33, exceeding estimates, and announced a $1.5 billion share repurchase program, reflecting management's confidence in the stock's value.
14:04 26.11.2024
UBS has maintained a "Buy" rating for Gerresheimer AG, setting a target price of 132 euros. Analyst Olivier Calvet highlighted that data on Novo Nordisk's weight-lowering drug CagriSema could significantly impact Gerresheimer, positioning it favorably against competitors like Ypsomed.
14:04 26.11.2024
BNP Paribas Financial Markets now holds 1,232,385 shares of JetBlue Airways, valued at $8.08 million, after acquiring 999,713 shares. Institutional investors own 83.71% of the stock, with UBS Group maintaining a "sell" rating and a $5.00 price target, indicating a potential downside of 18.3%. JetBlue reported a quarterly EPS of -$0.16, surpassing estimates, with revenue of $2.37 billion, reflecting a 0.5% year-over-year increase.
14:04 26.11.2024
UBS is moving to fully acquire "UBS Securities" in China, currently holding 67% of the joint venture, as its partner, Beijing State-owned Assets Management (BSAM), plans to sell its 33% stake. This follows UBS's partial exit from the securities business of Credit Suisse, where it sold 36% of CS Securities to BSAM, reducing its stake to 15%. UBS shares dipped 1.23% to 28 francs on the SIX.
14:03 26.11.2024
American Airlines Group Inc., the world's leading airline, has seen a shift in sentiment as UBS is no longer positive about the company. The airline's revenue is primarily derived from passenger transport (91.9%), with freight transport contributing 1.5% and other activities at 6.6%. By the end of 2023, the group will operate a fleet of 965 aircraft.
14:02 26.11.2024
American Airlines Group Inc. is the world's leading airline, with a fleet of 965 aircraft as of the end of 2023. The company's net revenue is primarily derived from passenger transportation (91.9%), followed by cargo transportation (1.5%) and other activities (6.6%). UBS maintains a neutral stance on the airline.
14:02 26.11.2024
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