UBS has reaffirmed its recommendation on OMV stock, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA disclaiming any responsibility for its content and ensuring no conflicts of interest affect its objectivity. The institution adheres to strict regulations to manage potential conflicts and maintain impartiality in its investment recommendations.
12:22 09.10.2024
Lymphatica Medtech has secured €17.9 million in Series B funding to advance the clinical development of LymphoDrain, an innovative implantable device aimed at treating lymphedema, a chronic condition affecting millions. The funding, co-led by Panakès Partners and TechWald Next, will support the company's R&D expansion and manufacturing operations, including a new subsidiary in Italy. With promising results from initial studies, Lymphatica aims to transform care for lymphedema patients, addressing a significant unmet medical need.
UBS has initiated coverage of Reply with a "buy" rating and a target price of 164 euros, as the stock sees a modest increase of 1.37%. Despite this positive outlook, the technical indicators suggest a deteriorating trend, with potential declines targeting 131.9 euros. Key support levels are identified at 132.6 euros, while resistance is noted at 134.8 euros.
12:11 09.10.2024
UBS has raised its target price for GEA Group, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has not influenced the analysis, which is provided for informational purposes only and carries no contractual value. The institution maintains a conflict of interest management policy to ensure objectivity in its investment recommendations.
11:35 09.10.2024
Markets are poised for the upcoming US inflation data, which could influence the Federal Reserve's interest rate decisions. While the DAX struggles to maintain the 19,000-point mark, tech stocks, particularly NVIDIA, are gaining traction, with analysts remaining bullish on their prospects. A modest interest rate cut is anticipated at the next FOMC meeting, reflecting a shift in market sentiment following strong US employment growth.
IG
11:31 09.10.2024
The CAC 40 index faces challenges due to France's political instability and uncertainty in the Chinese economy, impacting luxury goods stocks significantly. A key resistance level at 7735 points could signal a bullish reversal if breached, while a drop below 7300 points may lead to further declines. Upcoming economic data will be crucial for market sentiment.
IG
10:13 09.10.2024
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09:00 09.10.2024
VPBank and LOTTE C&F Vietnam have signed a cooperation agreement to enhance financial solutions for customers, focusing on Buy Now Pay Later services and co-branded card products. This partnership aims to leverage digital financial solutions and improve customer experiences within the LOTTE ecosystem, while expanding VPBank's market presence among FDI customers in Vietnam.
09:00 09.10.2024
UBS's Head of Technology, Dargan, announced that the migration of the first Credit Suisse clients has been successful, with upcoming migrations planned for Luxembourg and Hong Kong, followed by Singapore. UBS is on track to shut down approximately 90% of Credit Suisse's 3,000 applications and has already decommissioned around 560 applications and 40,000 servers, indicating strong progress in technology integration.
09:00 09.10.2024
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09:00 09.10.2024
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