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ubs maintains neutral rating on renault with target price of 47 euros

UBS has maintained a "Neutral" rating on Renault with a target price of 47 euros. Analyst David Lesne highlighted the company's new strategic projects, including the acquisition of Nissan's 51 percent stake in the Indian joint venture, and noted that Renault has reaffirmed its annual forecast.

european union slaughter cattle prices continue upward trend in march

Slaughter cattle prices in the EU continued to rise, with young bulls averaging €631.20/100 kg BW, a 0.7% increase. Notable price hikes were seen in Belgium (27% premium), Ireland (2.5%), and Spain (1.3%). Slaughter cows also saw a boost, averaging €532.84/100 kg BW, up 1.7%, with Austria and Belgium leading the increases.

Ashley St Clair sells Tesla amid child support dispute with Elon Musk

Ashley St Clair, who claims to be the mother of Elon Musk's newborn son, sold her $100,000 Tesla after Musk cut her child support by 60%. She stated the sale was necessary to cover expenses for a full-time nanny, alleging Musk's actions were vindictive. St Clair filed a paternity and custody lawsuit after Musk reportedly asked her to keep the child's existence secret.

ubs italy announces staff cuts amid declining assets and strategic shifts

UBS Italia is implementing staff cuts due to significant losses in its private banking division, which is losing 1-2 billion euros in entrusted assets annually. The bank is shifting its focus to a wealth management boutique model, targeting clients with larger assets while divesting from smaller accounts. This restructuring reflects broader challenges faced by UBS across Europe, as profitability declines in various divisions.

Societe Generale SFH releases annual financial report for 2024

Société Générale SFH has filed its Annual Financial Report for the year ending December 31, 2024, with the French Financial Markets Authority on March 31, 2025. The report, available in French, can be accessed free of charge on the Société Générale group's website and the AMF's website. Société Générale SFH, established in 2003, specializes in home loans and is part of a leading European banking group committed to sustainable development and environmental transition.

Societe Generale SCF releases annual financial report for 2024

Société Générale SCF has filed its Annual Financial Report for the year ending 31 December 2024 with the French Financial Markets Authority on 31 March 2024. The report, available in French, can be accessed free of charge on the Société Générale group's website and the AMF's site. Société Générale SCF, established in 2004, operates as a specialized credit institution under French law, focusing on public sector loans. The group, a leading European bank, serves over 26 million clients globally, emphasizing sustainable value creation and environmental transition.

ubs maintains neutral rating on renault with target price of 47 euros

UBS has maintained a "Neutral" rating on Renault with a target price of 47 euros, following the announcement of new strategic projects by the carmakers. Analyst David Lesne noted Renault's acquisition of Nissan's 51 percent stake in the Indian joint venture and expressed confidence in the company's annual forecast.

ubs raises safran price target amid defense sector growth potential

UBS has raised its target price for Safran to €265 from €235, reflecting potential growth in the defense sector. The analyst maintains a neutral recommendation, indicating an 8% upside for the stock, which currently has a 2025 P/E ratio of nearly 30 and a yield of around 1%.

renault reports strong vehicle sales and global market presence in 2024

Renault SA, a leading global carmaker, reported vehicle sales of 2,264,815 units in 2024, with 89.8% from passenger cars and light commercial vehicles. The company operates 25 industrial sites worldwide, with sales distribution primarily in France (29.9%) and Europe (49.8%). Services, including financing and maintenance, account for 10.2% of sales.

ubs maintains neutral stance on safran while increasing target price

UBS maintains a Neutral rating on Safran while raising its target price. BOURSORAMA, acting solely as a distribution channel, emphasizes that the analysis is provided "as is" without any warranties, and the opinions expressed are those of the authors, independent of BOURSORAMA's views. The institution adheres to strict conflict of interest management policies to ensure objectivity in its investment recommendations.
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