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French government plans new sick leave rules sparking public sector backlash

The French government plans to implement a three-day waiting period for sick leave in the civil service, reducing compensation to 90% after the first three days, aiming to save 1.2 billion euros. This move has sparked outrage among public employee unions, who argue it undermines civil servants' rights and purchasing power. The government justifies the changes by citing the need to align public sector practices with the private sector, where absenteeism rates are lower.
Banque des Territoires
Euro Afite FRA Guillaume Kasbarian Laurent Saint-Martin Show more
Finance & Economy, News Article
17:36 28.10.2024

vpbank reports strong growth and strategic partnerships in third quarter results

VPBank reported a consolidated pre-tax profit of nearly VND 13.9 trillion for the first nine months of 2024, marking a 67% increase year-on-year. The bank's capital adequacy ratio stands at 15.7%, and it has successfully optimized its operations through digitalization, maintaining a low bad debt ratio below 3%. Strategic partnerships, including collaborations with Lotte C&F and BYD, are enhancing its market presence, particularly in the FDI segment.
Vietnam.vn - Nền tảng quảng bá về Việt Nam
Vietnamese Đồng BYD Co. Ltd. Lotte C&F JPN VNM
TradFi, Market Report
17:32 28.10.2024

Hermès shares rise as UBS raises price target and maintains buy rating

Hermès shares rose 1% today, marking a third consecutive day of growth, following a positive recommendation from UBS. The firm raised its price target from €2,390 to €2,515, indicating a potential upside of 21%, while the luxury brand reported strong double-digit growth in the third quarter across most regions.
MarketScreener
Euro Hermes 3 SCI FRA
TradFi, Market Report
17:20 28.10.2024

Hermès shares rise as UBS boosts price target and maintains buy rating

Hermès shares rose 1% today, marking a third consecutive session of growth, driven by UBS's positive recommendation. The firm raised its price target from €2,390 to €2,515, indicating a potential upside of 21%. The luxury brand reported strong double-digit growth in Q3, with all regions performing well except for APAC (excluding Japan).
ABC Bourse
Euro Hermes 3 SCI FRA
TradFi, Market Report
17:15 28.10.2024

Hermès stock rises as UBS raises price target and maintains buy rating

Hermès shares have gained 3% over three consecutive sessions, boosted by UBS's positive recommendation, which raised the price target from €2,390 to €2,515, indicating a potential upside of 21%. The luxury brand reported strong double-digit growth in Q3, with all regions performing well except for APAC (excluding Japan).
Boursorama
Euro Hermès International S.A. FRA
TradFi, Market Report
17:15 28.10.2024

aeromexico launches 1.1 billion debt offering to refinance 2027 notes

Grupo Aeromexico SAB is seeking to raise up to $1.1 billion in the private debt market to refinance notes maturing in 2027. The airline is offering five-year and seven-year notes, with pricing expected to occur on Monday, according to an anonymous source.
bloomberg.com
United States Dollar Aeromexico MEX
Finance & Economy, Market Report
17:11 28.10.2024

ubs share price rises amid strong trading volume and positive earnings outlook

UBS shares rose by 0.3% to CHF 27.95, with a daily high of CHF 28.06, amidst a SMI trading at 12,243 points. The stock's 52-week high is CHF 28.78, while the low is CHF 21.07. UBS reported Q2 earnings of CHF 0.32 per share and revenue of CHF 19.76 billion, a 38.06% increase year-over-year.
finanzen.ch
Swiss Franc United States Dollar UBS AG CHE Carsten Spohr
TradFi, Market Report
17:08 28.10.2024

drug stocks poised for earnings surprises in third quarter results

The third-quarter earnings season for major drugmakers, including Pfizer, Eli Lilly, AbbVie, Merck, and Bristol Myers Squibb, is underway, with Pfizer expected to report results on Oct. 29. Pfizer has consistently exceeded earnings expectations, with a four-quarter average surprise of 69.82%, despite declining COVID product sales. Overall, the Medical sector anticipates a 3.5% year-over-year earnings increase and an 8.8% revenue growth.
@YahooFinance
United States Dollar Pfizer Inc. Eli Lilly and Company Bristol-Myers Squibb Company AbbVie Inc. Merck & Co., Inc. USA Eli Lilly Pfizer Inc. Bristol Myers Squibb Merck & Co. AbbVie Inc. Show more
Finance & Economy, Market Report
17:06 28.10.2024

Archy secures 15 million funding to enhance AI-driven dental practice automation

Archy has secured $15 million in Series A funding, led by Entrée Capital, to enhance its AI-driven, cloud-based automation platform for dental practices. The investment aims to address staffing shortages, outdated systems, and declining insurance reimbursements, enabling practices to improve efficiency and patient care. With this funding, Archy plans to integrate more AI and machine learning features, further streamlining operations for hundreds of dental practices across the US.
Med-Tech Innovation
United States Dollar Alven Archy CervoMed Inc. Entrée Capital Bessemer Venture Partners USA Kent Bennett Jonathan Rat Avi Eyal Christine Liu Show more
Technology & Innovation, Press Release
17:05 28.10.2024

abbvie acquires aliada therapeutics for 1.4 billion to enhance neuroscience portfolio

AbbVie has agreed to acquire Aliada Therapeutics for $1.4 billion, gaining access to innovative drug delivery technology aimed at overcoming the blood-brain barrier and a clinical-stage Alzheimer’s treatment, ALIA-1758. This move aligns with AbbVie’s focus on neuroscience, enhancing its capabilities in developing therapies for neurological disorders. The deal is expected to close by year-end and reflects a strategic investment in a sector facing challenges but also potential breakthroughs.
BioPharma Dive
United States Dollar Landos Biopharma Inc. Hoffmann-La Roche AG Johnson & Johnson Bristol-Myers Squibb Company Biogen Inc. AbbVie Inc. Cerevel Therapeutics Holdings Inc. Denali Therapeutics Inc. Celsius Therapeutics ImmunoGen Inc. Eisai Co., Ltd. USA Roopal Thakkar Paul Matteis Show more
Healthcare, News Article
17:05 28.10.2024
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