UBS has maintained a 'Sell' rating for Volvo B, setting a target price of 263 Swedish kronor following disappointing third-quarter results. Analyst Hemal Bhundia noted that the company's performance fell short of expectations across the board.
10:44 21.10.2024
UBS has raised its price target for Netflix from $750 to $825, maintaining a "Buy" rating. Analyst John Hodulik noted that the streaming service is poised to benefit from a more streamlined content business, indicating continued double-digit growth and rising margins in the coming year.
10:43 21.10.2024
UBS has increased its price target for Netflix from $750 to $825, maintaining a "Buy" rating. Analyst John Hodulik noted that Netflix is poised to benefit from a more rationalized consumer content market, with expectations of continued double-digit growth and improving margins in the upcoming year.
10:43 21.10.2024
UBS has maintained a "Buy" rating for Boeing, setting a price target of $215. Analyst Gavin Parsons noted that a new, higher offer to the union could impact free cash flow by approximately $600 million, while investors anticipate $15 billion in new capital primarily through share issuance.
10:42 21.10.2024
Boeing is facing significant financial challenges, with preliminary quarterly figures forecasting sales of $17.8 billion and a loss per share of around $10. Analysts have adjusted price targets, with UBS maintaining a "Buy" rating at $215, while RBC rates it "Outperform" at $200. Amid ongoing labor disputes, Boeing is offering a 35% pay increase to striking workers, as it considers selling underperforming parts of the company to raise cash.
10:42 21.10.2024
UBS has maintained its "Buy" rating for Microsoft, setting a target price of $510. Analyst Karl Keirstead noted that recent developments regarding funding for OpenAI and advancements in artificial intelligence have sparked significant interest among Microsoft investors and the tech sector.
10:41 21.10.2024
Roman Boutellier has been appointed as the new President of the Bank Council of Appenzeller Kantonalbank, succeeding Hanspeter Koller after 12 years. Boutellier, a professor at ETH Zurich, aims to enhance customer confidence and will work alongside Eveline Inauen and Roland Waibel, who have also joined the council.
10:36 21.10.2024
American Express will acquire UBS's 50% stake in Swisscard, making it the sole owner. The transaction's timing is yet to be announced, but Swisscard will continue issuing cards under American Express, Mastercard, and Visa licenses, with no immediate impact on cardholders or partners. UBS will transition Credit Suisse-branded cardholders to new cards starting in the first half of 2025.
10:31 21.10.2024
American Express will acquire UBS's 50% stake in Swisscard, making it the sole owner. The transaction's timing is yet to be announced, but Swisscard will continue issuing cards under American Express, Mastercard, and Visa licenses, with no immediate impact on cardholders. UBS will transition Credit Suisse-branded cardholders to new cards starting in the first half of 2025.
JiangSu WuZhong Pharmaceutical Development Co., Ltd. reported a significant increase in earnings for the nine months ended September 30, 2024, with sales reaching CNY 1,647.31 million, up from CNY 1,503.35 million the previous year. Net income rose to CNY 45.08 million, compared to CNY 10.95 million a year ago, resulting in basic and diluted earnings per share from continuing operations of CNY 0.063, up from CNY 0.015.
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