UBS has maintained a "Buy" rating for Vinci with a target price of 131 euros, despite the company missing third-quarter sales expectations. Analyst Gregor Kuglitsch noted that disappointing results were primarily due to the expiration of major orders in the applied industrial technology and construction sectors.
21:08 24.10.2024
UBS has maintained its "Buy" rating for Valeo, setting a target price of 13 euros, following the company's third-quarter sales figures that fell short of market expectations. Analyst David Lesne noted that while Valeo's performance in Europe was relatively stable, revenues there only stagnated.
21:07 24.10.2024
UBS has maintained a 'Buy' rating for Valeo, setting a price target of 13 euros, following the company's third-quarter sales figures that fell short of market expectations. Analyst David Lesne noted that while overall performance was lackluster, Valeo showed relative strength in Europe, where revenues remained stable.
21:07 24.10.2024
The virtual reality market is experiencing significant growth, projected to expand from USD 1.57 billion in 2023 to USD 36.46 billion by 2031, with a CAGR of 48.20%. This surge is driven by technological advancements, particularly the adoption of 5G, and the integration of VR across various sectors, including healthcare, education, and manufacturing. Key players like Oculus, Sony, and HTC are innovating in hardware and software, enhancing immersive experiences and broadening the market's reach.
Moody's has upgraded EFG's deposit rating to "Aa3" from "A1" and the senior unsecured debt rating to "A2" from "A3," reflecting improvements in the bank's capitalization and profitability. EFG is well-positioned to manage reputational, legal, and market risks effectively.
20:55 24.10.2024
French industry is showing signs of contraction, with the S&P's October flash PMI index at a nine-month low of 47.3, indicating a decline for the second consecutive month. The manufacturing sector is particularly struggling, with production expectations dropping sharply and orders declining both domestically and internationally. The overall business climate index has also fallen, reflecting a deepening crisis in the industry.
ArchiMed, a prominent private equity firm focused on healthcare, has acquired FIM Medical, a leader in occupational health medical devices, as part of its MED Rise fund strategy. The firm was advised by Dechert's Corporate & M&A team, with contributions from experts in intellectual property and labor law.
UBS Financial Services faces a lawsuit in state court after a federal judge remanded allegations from Richard and Arline Agay. The couple claims their advisor, Gregory Geller, failed to inform them about the financial troubles of First Republic Bank before they were forced to learn of its seizure in April 2023. They assert they would have sold their stock in March 2023 had they been properly advised.
20:52 24.10.2024
Quikrete Holdings Inc. has initiated discussions for a potential takeover of Summit Materials Inc., according to sources familiar with the matter. The privately held building materials company is currently collaborating with advisers to formulate a bid for the Denver-based firm.
Marshall Wace LLP increased its stake in Western Union to 3,337,466 shares, valued at $40.78 million, while M&G Plc entered a new position worth approximately $12.05 million. Analysts have downgraded the stock, with UBS Group setting a target price of $12.00, indicating a potential upside of 8.11%. Western Union's stock recently traded down 3.9% to $11.10, with a market cap of $3.75 billion and a PE ratio of 6.80.
20:40 24.10.2024
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