{
}
Wells Fargo has adjusted its price target on Sempra to $85 from $88 while maintaining an overweight rating. Sempra operates primarily in the storage, transmission, and distribution of natural gas (56.8% of net sales), electricity transmission and distribution (25.9%), and energy infrastructure development (17.3%). Geographically, 89.6% of its net sales come from the United States, with 10.4% from Mexico.
Scotiabank has appointed Pablo Elek, previously a top executive at HSBC's Mexico unit, as CEO of its Mexican operations, effective May 15. This move comes as the bank shifts its focus towards North America, having already transferred operations in Colombia, Costa Rica, and Panama to Banco Davivienda. Scotiabank's capital strategy reflects a significant emphasis on the U.S. and Canada, with Mexico contributing less than 10% to its earnings.
Elon Musk faces pressure from Tesla shareholders to focus on the company rather than his role in Trump's "DOGE" commission. Tom Lee of Fundstrat suggests that Trump may ease pressure on Tesla through tariff policies, which have negatively impacted the market. As Musk aligns with Trump's agenda, Tesla's brand image suffers, leading to a significant drop in stock value and a loss of its environmentally conscious customer base.
Scotiabank has appointed Pablo Elek as the new CEO of its Mexican unit, effective May 15. Elek, previously a top executive at HSBC's Mexico operations and with experience at Banco Santander, replaces Adrian Otero as the bank shifts its focus towards North America.
President Trump's upcoming tariff announcement on April 2 may surprise investors, with Goldman Sachs predicting initial duties could be significantly higher than the expected 9 percent. While stocks surged following hints of a potential scaling back, the new tariffs could raise the overall U.S. tariff rate by up to 15 percentage points, affecting nearly all trade. The administration's willingness to delay duties on certain goods suggests a cautious approach, especially given the broader implications for imports.
Banco Santander is set to close 95 branches in the UK, impacting up to 650 employees, as part of a restructuring plan aimed at adapting to changing customer needs amid increasing digitalization. The bank will maintain 290 full-service branches and implement new service strategies, ensuring 93% of the population retains access to banking services. Despite rumors of a potential sale, Ana Botín emphasized the UK market's importance and the subsidiary's profitability, while growth is expected to be driven primarily by operations in the Americas.
Goldman Sachs warns that President Trump's upcoming tariff rates could be significantly higher than market expectations, potentially reaching 15%–20%. This strategy may mirror past tactics where initial steep tariffs were later moderated. The administration's approach could shock investors, especially as it reviews 19 countries for a reciprocal tariff framework that accounts for various economic factors.
The Pyridine Market is projected to grow at a CAGR of 5.5% from 2024 to 2031, driven by increasing demand in pharmaceuticals, agrochemicals, and food additives. Key players include Red Sun Group, Koei Chemical Co. Ltd, and Lonza Group Ltd. The report provides a detailed analysis of market trends, regional insights, and competitive dynamics.
Goldman Sachs has raised its price target on AT&T Inc. to $31 from $29 while maintaining a Buy rating. AT&T is a major American telecommunications operator, primarily focused on mobile and fixed telephony, broadband Internet, and satellite television services. The company's net sales are predominantly generated from service offerings (81.4%), with a significant majority of revenue coming from the United States (95.7%).
SRKay Consulting Group has released a whitepaper highlighting the shift from traditional offshoring to New-Shoring, driven by geopolitical tensions, supply chain disruptions, and rising labor costs. With 76% of CEOs viewing New-Shoring as a long-term strategy, India, Vietnam, and Mexico emerge as top destinations due to their skilled workforce and regulatory stability. The report emphasizes the importance of AI in site selection and the need for sustainability in business expansion.
MEX
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
wells fargo lowers price target on sempra maintains overweight rating
10:30 26.03.2025
Scotiabank appoints Pablo Elek as CEO of Mexico unit
Canadian Dollar
United States Dollar
Colombian Peso
HSBC Holdings plc
Banco Santander SA
Banco Davivienda SA
MEX
CAN
PAN
CRI
COL
USA
Adrian Otero
Pablo Elek Hansberg
Show more
21:45 25.03.2025
Trump's tariffs and Musk's political role impact Tesla's stock and reputation
19:51 25.03.2025
Scotiabank appoints Pablo Elek as CEO of Mexico unit
18:00 25.03.2025
Trump's upcoming tariffs may exceed market expectations warns Goldman Sachs economist
16:40 25.03.2025
Banco Santander to close 95 UK branches affecting 650 employees
Mexican Peso
Euro
United States Dollar
British Pound Sterling
Banco Santander, S.A.
GBR
MEX
USA
Ana Patricia Botin
Show more
15:57 25.03.2025
goldman sachs warns of potential tariff shock under trump administration
United States Dollar
Invesco QQQ Trust
SPDR S&P 500 ETF Trust
MEX
CAN
USA
Alec Phillips
Donald Trump
Show more
14:18 25.03.2025
global pyridine market growth trends and opportunities forecast 2024 to 2031
Lonza Group Ltd
Mitsubishi Chemical Corporation
RUS
IDN
ESP
CAN
NLD
ITA
JPN
IND
FRA
KOR
DEU
SAU
ARE
MEX
BRA
ARG
CHN
ZAF
AUS
COL
GBR
USA
Show more
12:26 25.03.2025
goldman sachs raises at and t price target to thirty one dollars
11:05 25.03.2025
new-shoring emerges as a strategic alternative to traditional offshoring models
United States Dollar
Euro
Apple Inc.
Tesla, Inc.
Boeing Co
MEX
VNM
IND
Karunjit Kumar Dhir
Show more
11:03 25.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Market Analysis and Predictions
Retail and Consumer Goods
CEO Changes
Financial Scams and Security
Global Trade Developments
Central Bank Actions
GDP Growth & Recession Forecasts
Industry Mergers & Acquisitions
Government Policies
Hedge Funds & Private Equity
Inflation and Monetary Impact
Workplace Trends
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Wells Fargo & Company
Barclays PLC
Citigroup Inc.
Morgan Stanley
Deutsche Bank Money Market PP
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
American Express Company
UBS Group AG
AMERICAN EXPRESS
Northern Trust Corporation
Amazon.com, Inc.
AXA SA
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Indian Rupee
Japanese Yen
Canadian Dollar
Australian Dollar
Russian Ruble
Mexican Peso
Saudi Riyal
United Arab Emirates Dirham
Indonesian Rupiah
Hong Kong Dollar
Danish Krone
Offshore Chinese Yuan
Singapore Dollar
Ghanaian Cedi
South Korean Won
People: