UBS analyst Ryan Gravett has initiated coverage of Liberty Formula One with a Neutral rating and a price target of $85. The firm anticipates solid growth for the company but expects a deceleration due to lower operating leverage on team payments and limited upside from race promotion and U.S. rights renewal.
11:17 17.10.2024
Policymakers in the U.S. and China are taking decisive steps to bolster economic growth, with the Fed initiating an easing cycle and China committing to support consumers. This shift in strategy signals a potential revival in private sector confidence, despite ongoing risks. Asset allocation is adjusting, favoring emerging markets and Asian credit, while U.S. Treasuries are downgraded. Caution remains due to geopolitical uncertainties and the possibility of disappointing Chinese policy outcomes.
11:10 17.10.2024
UBS has downgraded A.P. Moller-Maersk from "Buy" to "Neutral," reducing the price target from 13,953 to 11,000 Danish kroner. Analyst Cristian Nedelcu noted that the shares face challenges due to concerns over medium-term overcapacity in the shipping sector and capital usage.
11:08 17.10.2024
Iran is leveraging tens of billions from illicit oil sales to finance its military ambitions, including support for Hamas and Hizbullah, despite sanctions. This hidden wealth has been instrumental in various conflicts, including the recent attack on Israel and the supply of drones to Russia, raising concerns about future crises.
Foreign Portfolio Investors Societe Generale, Tiger Pacific Master Fund, and UBS Principal Capital Asia have reduced their stakes in One 97 Communications, the parent company of Paytm, to below 1% as of the September quarter. Paytm shares fell to Rs 700, down 3% intraday, despite an 80% rally over the past six months, contrasting with a 12% gain in the S&P BSE Sensex. However, the stock is down 25% year-on-year, following a widened net loss of Rs 838.9 crore in the June quarter and a 36% decline in revenue.
11:05 17.10.2024
UBS analyst Cristian Nedelcu has downgraded AP Moller Maersk from Buy to Neutral, setting a new price target of DKK 11,000, down from DKK 13,953. The firm indicates that there is no clear path for the company to achieve a structural re-rating.
11:02 17.10.2024
The ECB meeting today is pivotal, with expectations of a 25 basis point interest rate cut, following a significant drop in eurozone inflation. Investors are also focused on US retail sales and jobless claims data, alongside key economic indicators from China. The EUR/USD trading range of 1.08 to 1.12 dollars remains crucial, with potential implications for market movements.
IG
10:59 17.10.2024
Nestlé's new CEO, Laurent Freixe, has lowered the company's growth expectations for 2024 to around 2.0% due to weakened consumer demand and inventory reductions by retailers. The company reported total sales of 67.1 billion Swiss francs in the first nine months, with a restructuring of the Executive Board underway to adapt to the challenging market environment. Key product categories like coffee and pet food showed growth, while dairy and culinary segments faced declines.
UBS has rated Just Eat Takeaway as a 'Buy' despite a recent decline in its stock price, which fell by 3.56% to €10.97. The stock has seen fluctuations across various trading platforms, with prices ranging from €10.01 to a high of €15.95 over the year.
10:53 17.10.2024
UBS has maintained a "Buy" rating for Just Eat Takeaway.com following the release of its third-quarter figures. Analyst Jo Barnet-Lamb noted that while the company's growth remains modest, its profitability is on a positive trajectory.
10:53 17.10.2024
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