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A federal judge has dismissed a class action lawsuit against Barclays over the sale of unregistered VXX exchange-traded notes, ruling that plaintiffs lacked standing and failed to prove actionable misstatements. The court found that Barclays acted promptly upon discovering an over-issuance of $17.7 billion in unregistered securities and emphasized the adequacy of its risk disclosures. Claims of common-law fraud and promissory estoppel were also rejected, reinforcing the high legal standards for liability in structured product offerings.
UBS has lowered its 2025 S&P 500 target to below 6,500, reflecting similar moves by other Wall Street firms due to the economic impact of US tariffs. The bank cut its year-end target from 6,600 to 6,400 and reduced its earnings per share estimate from $270 to $265, citing political uncertainty and potential volatility in US equity markets. Despite these challenges, UBS remains optimistic about a rebound in US equities, driven by policy clarity and investment in artificial intelligence.
UBS Global Wealth Management has lowered its S&P 500 target for 2025 to below 6,500, following similar moves by other Wall Street firms due to the economic impact of U.S. tariffs. The firm also revised its earnings per share estimate to $265, citing ongoing policy uncertainty and potential volatility in U.S. equity markets. Despite this, UBS remains optimistic about a market rebound driven by policy clarity and growth in artificial intelligence investments.
UBS Global Wealth Management has lowered its S&P 500 target for 2025 to 6,400, reflecting a broader trend among Wall Street firms responding to the economic impact of U.S. tariffs. The firm also reduced its earnings per share estimate to $265, citing potential volatility in U.S. equity markets due to policy uncertainty. Despite these cuts, UBS maintains an optimistic outlook on U.S. equities, particularly in the information technology sector, driven by growth in artificial intelligence.
UBS has lowered its 2025 target for the S&P 500 to 6,400, reflecting a broader trend among Wall Street firms responding to the economic impact of US tariffs. The firm also reduced its earnings per share estimate for the index to $265, citing political uncertainty and potential volatility in the markets. Despite these adjustments, UBS remains optimistic about a year-end recovery, particularly in the information technology sector, driven by policy clarity and AI investments.
UBS has lowered its S&P 500 target for 2025 to 6,400, reflecting a broader trend among Wall Street firms responding to the economic impact of U.S. tariffs. Despite this adjustment, UBS maintains a positive outlook on U.S. equities, anticipating a rebound driven by policy clarity and AI investments. The firm also reduced its earnings per share estimate for the index to $265, citing potential volatility in the short term due to ongoing policy uncertainties.
Sonic Automotive operates in three segments: Franchised Dealerships, EchoPark, and Powersports, focusing on vehicle sales, maintenance, and aftermarket products. Analysts have mixed ratings on the stock, with a recent price target cut by JPMorgan Chase & Co. to $65.00, suggesting an 11.23% upside. The company reported a quarterly EPS of $1.51, exceeding estimates, and has a market cap of $1.97 billion.
Barclays PLC has disclosed its securities positions in Dalata Hotel Group amid an ongoing takeover process, revealing a 1.20% interest and a 1.23% short position in the company's securities, as mandated by Irish Takeover Panel rules. This disclosure highlights Barclays' strategic involvement in the market, potentially impacting stakeholders in the takeover bid.
Barclays has lowered its price target for Lululemon Athletica from $411 to $309 while maintaining an equal-weight rating. The company specializes in technical sportswear, with net sales primarily generated from directly operated stores (45.9%) and online sales (44.8%). Geographically, 66% of sales come from the United States, followed by Canada (13.4%), China (10%), and other regions (10.6%).
The cinema industry is rebounding after the challenges posed by the Covid-19 pandemic and the rise of streaming services, with audiences adapting to new viewing habits. While many consumers report visiting cinemas less frequently, London remains an exception, maintaining attendance levels. To attract viewers, cinemas are enhancing the experience with improved seating, food options, and special events, making outings more appealing.
Barclays PLC
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
judge dismisses investor lawsuit against barclays over unregistered securities
20:13 28.03.2025
ubs lowers s&p 500 target amid economic uncertainty and tariff impacts
17:10 28.03.2025
ubs lowers s and p 500 target amid tariff uncertainty and market volatility
17:10 28.03.2025
ubs lowers s and p 500 target amid tariff uncertainty and market volatility
17:10 28.03.2025
ubs lowers s and p 500 target amid economic uncertainty and tariffs
17:10 28.03.2025
ubs lowers s&p 500 target amid tariff uncertainty and market volatility
17:00 28.03.2025
sonic automotive faces price target cuts amid mixed analyst ratings
Barclays PLC
Sonic Automotive, Inc.
SG Americas Securities LLC
JPMorgan Chase & Co.
Franklin Resources Inc
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16:44 28.03.2025
barclays reveals stake in dalata hotel group during takeover process
16:15 28.03.2025
barclays lowers lululemon price target while maintaining equalweight rating
16:14 28.03.2025
cinema industry rebounds by enhancing experiences and adapting to streaming trends
15:43 28.03.2025
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