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Raiffeisen Bank shares rise above 200-day moving average signaling potential recovery

Raiffeisen Bank shares rose to EUR 18.12, crossing the 200-day moving average on November 6, 2024, despite a long-term downtrend since October 30. The stock has gained 1.61% during this period, with a potential upside of 2.15% towards the 6-month high of 18.51. The bank"s model portfolio has averaged a 27.7% annual return since 1999.
04:32 07.11.2024

Jeld-Wen Holding receives buy recommendation from UBS amid strong market presence

JELD-WEN Holding, Inc. is a global leader in designing, manufacturing, and distributing interior and exterior doors, windows, and related building products for new construction and remodeling. The company operates in North America, focusing on residential markets in the U.S. and Canada, and in Europe, targeting both residential and non-residential sectors across several countries. Its diverse product range includes offerings in wood, metal, and composite materials, under brands such as JELD-WEN, LaCantina, and Swedoor.
19:39 06.11.2024

Jeld-Wen Holding receives buy recommendation from UBS amid strong market presence

JELD-WEN Holding, Inc. is a global leader in designing, manufacturing, and distributing interior and exterior doors, windows, and related building products for new construction and remodeling. The company operates in North America, focusing on residential markets, and in Europe, catering to both residential and non-residential sectors across several countries. Its diverse product range includes offerings in wood, metal, and composite materials, under brands such as JELD-WEN, LaCantina, and Swedoor.
19:39 06.11.2024

Redcare Pharmacy faces negative outlook from UBS amid online retail expansion

Redcare Pharmacy NV, based in the Netherlands, specializes in the online retail of pharmaceutical products, focusing on over-the-counter medicines and pharmacy-related beauty and personal care items. The company operates across several European countries, including Belgium, Spain, Italy, France, Austria, the Netherlands, and Germany. Despite its broad market presence, UBS maintains a negative outlook on the company.
07:30 06.11.2024

VanEck launches Solana PYTH ETN to enhance blockchain access in Europe

VanEck has launched the Solana PYTH ETN in Europe, expanding its offerings to 15 countries, including Austria, Switzerland, and Germany. This product allows investors to access the Pyth network without directly holding cryptocurrencies, emphasizing security through cold storage in partnership with Bank Frick. The launch reflects growing demand for blockchain solutions and has positively impacted Solana's market price.
20:00 05.11.2024

VanEck launches Solana PYTH ETN to enhance blockchain access in Europe

VanEck has launched the Solana PYTH ETN in Europe, expanding its offerings to 15 countries, including Austria, Switzerland, and Germany. This product allows investors to access the Pyth network without directly holding cryptocurrencies, backed by enhanced security measures through cold storage in collaboration with Bank Frick. The launch has positively impacted the market, contributing to a 5% rise in Solana's price.
20:00 05.11.2024

VanEck launches PYTH ETN to enhance European access to blockchain data

VanEck has launched a new PYTH ETN product, enhancing its European offerings and providing investors in 15 countries, including Austria and Germany, with exposure to the Solana-backed Pyth Network without direct cryptocurrency ownership. This ETN, listed on Euronext Amsterdam and Paris, simplifies crypto investments for traditional investors by incorporating secure cold storage solutions in collaboration with Bank Frick, ensuring protection against cyber threats. Alongside this launch, VanEck Ventures has established a $30 million fund to support innovative projects in the crypto and AI sectors, reflecting a commitment to advancing blockchain technology.
17:12 05.11.2024

Zalando leads European online retail with 51 million active customers

Zalando SE stands as Europe's leading online retailer for shoes and clothing, with 82.4% of sales generated online and 14.3% from its "Lounge by Zalando" private sales site. By the end of 2022, the company is expected to have 51.2 million active customers, with sales predominantly from Germany, Austria, and Switzerland (43%) and the rest of Europe (57%).
11:38 05.11.2024

VanEck launches Pyth ETN offering staking rewards and access to real-time data

VanEck has launched the Pyth ETN on Euronext Amsterdam and Paris, allowing investors to gain exposure to the PYTH token without direct ownership. This decentralized oracle network provides real-time data for smart contracts, crucial for sectors like DeFi and finance. The ETN is fully hedged and has a total expense ratio of 1.5%, with listings available in several European countries.
11:07 05.11.2024

nations agree on biodiversity fund amid challenges for developing countries

Nations have established the "Cali Fund" to ensure companies sharing profits from genetic resources contribute to biodiversity preservation, targeting firms with significant revenues. However, the voluntary nature of contributions raises concerns about the impact on rapid vaccine development and access to genetic data, particularly amid ongoing pandemic negotiations. Critics warn that new regulations could hinder medical research, emphasizing the need for seamless access to digital sequence information for effective health responses.
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