UBS has increased its price target for MTU from 320 to 370 euros while maintaining a "Buy" rating. Analyst Ian Douglas-Pennant anticipates optimistic targets for 2025 to be announced on November 29, with potential growth expected from the addition of GTF engines to the service business.
07:35 26.11.2024
UBS has raised its target price for MTU from 320 to 370 euros, maintaining a "Buy" rating. Analyst Ian Douglas-Pennant anticipates optimistic goals for 2025 to be announced on November 29, although expectations for the capital markets day are already quite high. Long-term potential is seen with the addition of GTF engines to the service business.
07:35 26.11.2024
The global Healthcare Service Robots Market is projected to reach USD 15.8 billion by 2030, growing at a CAGR of 14.2% from 2025 to 2030. Key drivers include advancements in AI and robotics, an aging population, and increasing healthcare efficiency demands. Major players include Hocoma, iRobot Corporation, and Intuitive Surgical Inc., among others.
CK Infrastructure Holdings Ltd. is exploring various opportunities beneficial to the company and its shareholders, amid speculation regarding an investment in Thames Water, the UK's largest water and sewage operator. While not commenting directly on Thames Water, CKI highlighted its financial strength, reporting cash reserves of HK$9.2 billion ($1.2 billion) and a net debt to net total capital ratio of 9.8% as of the end of June.
Tim Cook, alongside other U.S. executives, attended the second China International Supply Chain Expo in Beijing, emphasizing Apple's commitment to the Chinese market amid rising trade tensions as Donald Trump threatens increased tariffs. Cook met with Chinese Premier Li Qiang to discuss enhancing economic collaboration, highlighting the importance of maintaining global supply chains. The expo focuses on advanced manufacturing and technology, crucial for international companies like Apple that rely heavily on China for manufacturing.
Shares of ACME Solar Holdings fell 7.5% following a 60% drop in Q2 net profit, which fell to Rs 15.29 crore from Rs 38.63 crore year-on-year. The decline was attributed to lower revenue after the monetization of 369 MW of operational assets, leading to a 17% decrease in revenue from operations to Rs 295.14 crore.
Benjamin Schliebener, a social media influencer with 90,000 followers, captivated an audience of 400 predominantly young attendees in Herrenberg with insights into the world of shares. The event highlighted the growing trends of digital technology, artificial intelligence, and medicine.
Walmart, the largest retailer globally, is rolling back its diversity, equity, and inclusion (DEI) policies, following a trend among major corporations facing pressure from conservative activists. The changes include not renewing a commitment to an equity racial center and withdrawing from a gay rights index, reflecting the impact of the U.S. Supreme Court's ruling against affirmative action. This shift has been echoed by other companies like Ford and Harley-Davidson, which have also scaled back their DEI initiatives.
C2C Advanced Systems' IPO, set to raise Rs 99.07 crore and list on the NSE's Emerge platform, faces potential delays after SEBI mandated the appointment of independent auditors due to an investor complaint. Investors can withdraw their applications by 3 pm on November 28, ahead of the IPO closure on November 26. Concerns have been raised on social media regarding the situation.
The UBS "Anfos" fund reported a 5.3% increase in rental income, reaching CHF 137.9 million for the 2023/2024 financial year, driven by rent hikes and new construction completions. The property portfolio value rose to CHF 3.3 billion, with a return on investment of 5.7% and a performance of 20.3%, surpassing the benchmark of 15.3%.
07:22 26.11.2024
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