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The Province of Saskatchewan is set to issue a bond worth CHF 120 million, managed by UBS and CIBC, with a coupon rate of 1.070%. The bond will mature in ten years on April 17, 2035, and is rated Aa1/AA by Moody's and S&P. It will be listed on SIX starting April 15, 2025.
UBS shares fell 0.7% to CHF 28.11 on Friday, making it one of the biggest losers in the SMI. The stock is currently 14.51% below its 52-week high of CHF 32.88 and 19.85% above its low of CHF 22.53. Analysts expect a dividend of USD 0.988 for this year, with earnings per share forecasted at USD 2.09 in 2025.
UBS AG has upgraded its price target for Richemont shares from 180 to 184 francs, maintaining a "Buy" rating ahead of the company's quarterly results. Despite a challenging industry environment, the jewelry segment is expected to outperform competitors. Currently, Richemont shares are trading at CHF 158.80, reflecting a potential upside of 15.87% based on the new target.
PostFinance's new chairman, Beat Röthlisberger, opposes privatization and emphasizes the need to provide loans to small and medium-sized enterprises (SMEs), citing a competitive disadvantage due to current restrictions. He advocates for a proper political discussion on financing SMEs, while also acknowledging the success of Yuh, a digital banking venture, despite its limited service offerings compared to PostFinance. The institution remains committed to maintaining over-the-counter payment services, despite their financial losses, as part of its legal mandate.
UBS has maintained a "Neutral" rating for Hugo Boss, setting a price target of 38 euros ahead of the company's quarterly results. Analyst Susy Tibaldi noted that the fashion group is expected to have had a weaker start to the year, which is not surprising.
UBS has reduced its price target for Rational from 910 to 870 euros while maintaining a "Neutral" rating following the release of annual figures. Analyst Olivier Calvet noted that new products and investments in sales staff could enable the company to achieve high single-digit growth rates, but these benefits are expected to materialize next year.
UBS has reiterated its 'buy' recommendation for Richemont, raising the price target from 180 to 184 Swiss francs, indicating a 15% upside potential. The luxury group's strong operating performance and improved governance are expected to enhance market share, with a promising fourth quarter ahead.
Beat Röthlisberger, the new chairman of PostFinance, opposes privatization, emphasizing the potential harm to customers and employees. He advocates for granting loans to SMEs, highlighting the need for financing options in the sector, while acknowledging the challenges posed by current regulations. Despite Yuh's success as a digital competitor, PostFinance remains committed to traditional services, even if they incur losses, and is currently undergoing a reorganization with a focus on job preservation.
Beat Röthlisberger, the new chairman of PostFinance, opposes privatization and emphasizes the need to support small and medium-sized enterprises (SMEs) by granting loans, which is currently restricted. He argues that remaining part of the Post is crucial for both customers and employees, and he calls for a proper political discussion on financing SMEs. Despite challenges, PostFinance remains committed to providing essential services, including over-the-counter payments, even if they are not profitable.
Regula Berger has been appointed as the new chairwoman of the board of directors at Bank Cler, succeeding Basil Heeb. With a strong background as CEO of Basler Kantonalbank and a commitment to enhancing the bank's traditional and digital offerings, she aims to strengthen its position in the Swiss market. Notably, the board boasts a 57% female representation, exceeding the national average.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Saskatchewan issues 120 million franc bond with ten year maturity
13:42 28.03.2025
ubs shares decline amid shareholder concerns and market pressures
13:00 28.03.2025
ubs raises richemont price target to 184 francs maintains buy rating
13:00 28.03.2025
postfinance chairman opposes privatization seeks to support small businesses
Swiss Franc
Swissquote Group Holding Ltd
Basellandschaftliche Kantonalbank
PostFinance Fonds 3
Zürcher Kantonalbank
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12:00 28.03.2025
ubs maintains neutral rating for hugo boss with price target of 38 euros
11:30 28.03.2025
ubs lowers rational price target while maintaining neutral rating
11:02 28.03.2025
ubs maintains buy rating on richemont with increased price target
11:01 28.03.2025
PostFinance chairman opposes privatization and seeks to finance small businesses
10:40 28.03.2025
postfinance chairman opposes privatization and seeks to support small businesses
10:18 28.03.2025
Regula Berger appointed chairwoman of Bank Cler board of directors
08:28 28.03.2025
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