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gildan activewear expands global reach with diverse apparel offerings

Gildan Activewear Inc. is a vertically integrated manufacturer specializing in everyday apparel, including activewear, underwear, and hosiery. Its major product categories encompass activewear tops and bottoms, socks, and underwear, marketed under various brands like Gildan and American Apparel across North America, Europe, Asia Pacific, and Latin America. The company operates production facilities in the United States, Central America, the Caribbean, and Bangladesh.
15:15 01.11.2024

gildan activewear expands global reach with diverse apparel offerings

Gildan Activewear Inc. is a vertically integrated manufacturer specializing in everyday apparel, including activewear, underwear, and hosiery. Its major product categories encompass activewear tops and bottoms, socks, and various types of underwear, marketed under brands like Gildan and American Apparel across North America, Europe, Asia Pacific, and Latin America. The company operates production facilities in the United States, Central America, the Caribbean, and Bangladesh.
15:15 01.11.2024

Starbucks faces challenges as UBS raises price target amid CEO transition

Starbucks has faced challenges in its fiscal fourth-quarter results, reporting a 3.2% decline in sales to $9.1 billion and a 24% drop in EPS to $0.80, both below expectations. UBS raised its price target to $95, citing new strategic initiatives from CEO Brian Niccol, while several analysts adjusted their outlooks amid a CEO transition and ongoing market pressures. Despite these hurdles, Starbucks continues to expand its global coffee research efforts and has increased its quarterly dividend by 7%.
15:13 23.10.2024

ubs raises starbucks price target amid strategic changes and earnings miss

UBS has raised its price target for Starbucks shares from $85 to $95 while maintaining a neutral rating, following the company's preliminary fourth-quarter results and the announcement of new strategic initiatives. Despite a decline in same-store sales in the U.S. and China, Starbucks reported a 3.2% drop in revenue to $9.1 billion and a 24% decrease in EPS to $0.80, prompting the suspension of guidance for fiscal year 2025 amid ongoing CEO changes. The company continues to expand its global coffee research with new innovation farms in Guatemala and Costa Rica.
14:59 23.10.2024

global biodiversity summit faces challenges in achieving 30 percent protection target

COP16 in Cali faces significant challenges in achieving the global goal of protecting 30% of land and marine ecosystems by 2030, with only 29 out of 196 countries submitting updated biodiversity plans. A report highlights that just 8.3% of oceans are designated as protected areas, with effective protection likely at only 2.8%. Urgent action is needed to meet the ambitious targets set in the Kunming-Montreal Global Biodiversity Framework, as many countries, including Colombia, have missed deadlines for their National Biodiversity Strategies and Action Plans.

ubs downgrades moller maersk to neutral with target of 11000 kroner

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

ubs downgrades a p moller maersk to neutral amid market shifts

UBS has downgraded A.P. Møller-Maersk to neutral from buy. The company, a leader in maritime transportation, operates a fleet of over 707 vessels and offers port and logistics services. Its net sales are geographically diverse, with significant contributions from the United States (22.4%) and other regions.
08:38 17.10.2024

ubs downgrades a p moller maersk to neutral amid market shifts

UBS has downgraded A.P. Möller-Maersk to neutral from buy. The company, a leader in maritime transportation, operates over 707 vessels and offers port and logistics services. Its net sales are primarily generated from the United States (22.4%), with other significant contributions from various countries.
08:38 17.10.2024

ubs downgrades a p moller maersk to neutral rating

UBS has downgraded A.P. Møller-Maersk to neutral from buy. The company, a leader in maritime transport, operates a fleet of over 707 vessels and provides port and logistical services. Its net sales are primarily generated from the United States (22.4%) and other global markets.
08:38 17.10.2024
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