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abercrombie forecasts strong holiday sales amid continued growth and positive outlook

Abercrombie & Fitch reported its sixth consecutive quarter of double-digit sales growth, with earnings per share of $2.50, surpassing expectations. The company anticipates a 5% to 7% sales increase for the holiday quarter, driven by strong performances across regions and brands, despite a recent scandal involving its former CEO. CEO Fran Horowitz emphasized the brand's focus on international markets and new product categories to sustain momentum.
CNBC
United States Dollar Abercrombie & Fitch Co. USA Fran Horowitz Mike Jeffries Donald Trump Show more
Finance & Economy, Market Report
13:36 26.11.2024

veterinary telehealth market poised for significant growth and innovation by 2032

Veterinary telehealth is rapidly evolving, utilizing technology to provide remote access to veterinarians for pet owners, enhancing convenience and care, especially in underserved areas. This method facilitates quicker diagnoses and ongoing management of chronic conditions, while still recognizing the need for in-person consultations for complex cases. Major players in this market include Petzam, PetDesk, and TeleVet, with significant growth anticipated by 2032 driven by increased R&D spending.
openPR.com
TeleVet TeleTails Airvet VitusVet Animan Technologies Inc Virtuwoof LLC FirstVet Whiskers Worldwide LLC Petzam GuardianVets Petriage Inc PetDesk USA QAT DEU ITA ARG AUS IND ISR KOR MAR CAN TUN BEL TUR NLD CHL AUT MEX FRA TWN ZAF SAU RUS SGP POL JPN GBR BRA NGA NZL COL ARE ESP CHN Vinay Rai Craig Francis Show more
Technology & Innovation, Market Report
13:36 26.11.2024

raiffeisen banks thunersee and kiesental plan merger to enhance competitiveness

Raiffeisen banks Thunersee and Kiesental plan to merge to enhance their market position and address challenges like regulatory pressures and digitalization. The merger aims to maintain customer proximity while improving advisory services, with all jobs retained and a combined asset total of CHF 2.4 billion. The new entity will be named Raiffeisenbank Thunersee-Kiesental, with a planned technical merger on June 10, 2025.
finews.ch
Swiss Franc Raiffeisenbank Thunersee-Kiesental CHE Bruno Von Allmen
TradFi, Press Release
13:36 26.11.2024

Nippon Life India Asset Management acquires Mumbai commercial property for 486 crore

Nippon Life India Asset Management has acquired two commercial properties in Mumbai's One Lodha Place for Rs 486.03 crore from Macrotech Developers. The purchase includes 52,162 square feet of space and 43 car parking spaces, with a stamp duty of Rs 29 crore. This acquisition highlights the growing demand for office spaces in key micro-markets like Lower Parel, driven by the banking, financial services, and insurance sectors.
Moneycontrol
Indian Rupee Nippon Life India Asset Management Ltd. Macrotech Developers Limited IND Anand Moorthy
Finance & Economy, Market Report
13:35 26.11.2024

ubs initiates buy rating on delta air lines with growth potential

UBS analyst Thomas Wadewitz has initiated coverage on Delta Air Lines (NYSE: DAL) with a "Buy" rating, highlighting the airline as a premium investment opportunity with significant growth potential. The analysis suggests that Delta has room to expand further in the market.
StreetInsider.com
Delta Air Lines, Inc. USA Thomas Wadewitz
TradFi, Market Report
13:35 26.11.2024

ubs seeks full control of securities joint venture in china

UBS is in the process of acquiring full ownership of its securities joint venture in China, currently held at 67% after its partner, Beijing State-owned Assets Management, decided to auction its 33% stake. This move follows UBS's strategic exit from the securities business of Credit Suisse in China, where it sold a significant portion of its stake in CS Securities.
investrends.ch
United States Dollar Banca Generali S.p.A. Schroders Natixis Investment Managers SA Founder Securities Co., Ltd. UBS ThyssenKrupp Steel Europe AG Credit Suisse CHE ITA CHN FRA DEU Show more
TradFi, Market Report
13:35 26.11.2024

ubs moves to acquire full control of securities joint venture in china

UBS is in the process of acquiring the remaining 33% stake in its securities joint venture in China from Beijing State-owned Assets Management (BSAM), aiming for full ownership. In exchange, UBS plans to divest its 51% stake in CS Securities to a Chinese state-owned entity, following a strategic reorganization after the Credit Suisse takeover. As of June, UBS reduced its stake in CS Securities to approximately 15%.
SWI swissinfo.ch
United States Dollar Founder Securities Co., Ltd. UBS Credit Suisse CHE Show more
TradFi, News Article
13:34 26.11.2024

ubs raises bloom energy price target to thirty three dollars

UBS analyst Manav Gupta has raised the price target for Bloom Energy Corp. (NYSE: BE) from $21.00 to $33.00. This adjustment reflects a positive outlook for the company in the stock market.
StreetInsider.com
Bloom Energy Corporation USA Manav Gupta
TradFi, Market Report
13:33 26.11.2024

APi Group to Participate in UBS Global Industrials and Transportation Conference

APi Group Corporation will participate in a fireside chat at the UBS Global Industrials and Transportation Conference on December 4 at 9:40 a.m. ET. A live webcast and archived replay will be available on the Investor Relations page of APi’s website. The company is a leading provider of fire and life safety, security, and specialty services, with over 500 locations globally.
Yahoo Finance
APi Group Corporation USA Adam Feest
TradFi, Press Release
13:30 26.11.2024

Tom Lee's Bold Predictions Shape ETF Era Investment Strategies

Tom Lee, the chief investment officer at Fundstrat Capital, is known for his bold market predictions, including a S&P 500 target of 15,000 and Bitcoin reaching $10 million. His confident and unapologetic stance has garnered a significant following among retail investors in today's speculative market environment.
bloomberg.com
Uber Fundstrat Capital Tom Leek
Finance & Economy, Market Report
13:30 26.11.2024
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