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Wohnwagon, a pioneer in modular timber houses, has secured investments from Epoona and Raiffeisen Beteiligungsholding to accelerate growth. The company offers high-quality, sustainable living solutions with efficient designs that reduce costs and construction time, allowing homes to be ready for occupancy in just four days. With a focus on expanding its product range and market presence in the DACH region, Wohnwagon aims to set new standards in eco-friendly construction.
VP Bank's share price decreased by 0.90% to EUR 82.25 on December 13, 2024, following the European Central Bank's interest rate cut. Despite this drop, the stock showed a monthly gain of 0.61%, though it has declined 9.37% over the year. The bank's P/E ratio stands at 14.26, with a market capitalization of EUR 494.7 million and 6.0 million outstanding shares, indicating its significant presence in the banking sector.
UBS Group AG has acquired a 6.74% stake in Revolution Beauty Group PLC, indicating potential confidence in the company's market position and strategic direction. Revolution Beauty, known for its affordable and innovative cosmetics, has faced a year-to-date price decline of 52.62%, with a current market cap of £48.39M.
UBS has revised its uranium price forecasts down by 9% and 6% for 2025 and 2026, now predicting prices of $78 and $80 per pound, respectively. Currently, uranium is priced at $76.55 per pound. Despite a growing interest in nuclear power as a clean energy source, UBS expresses skepticism about immediate changes in supply and demand dynamics.
UBS has revised its uranium price forecasts down by 9% and 6% for 2025 and 2026, now predicting prices of $78 and $80 per pound, respectively, while current prices stand at $76.55. Despite a growing interest in nuclear power as a clean energy source, the bank expresses skepticism about immediate changes in supply and demand dynamics. The recent commitments from major US tech companies to explore nuclear solutions for energy needs have sparked curiosity regarding short-term uranium demand.
UBS reports a decrease in the risk premium for European gas, with TTF futures dropping below €45/MWh due to stable Russian supply. European gas storage levels are at 81%, aligning with the five-year average, though 10% lower than last year. Demand rose 3% in November, driven by colder weather, while piped gas imports remained stable despite a slight decline in Russian imports amid contractual disputes.
UBS reports a reduction in the risk premium for European gas, with TTF futures dropping below €45/MWh due to stable Russian supplies. European gas storage levels are at 81%, 10% lower than last year, and demand rose 3% in November, driven by colder weather, despite remaining below historical averages.
The UBS ETF - MSCI World Socially Responsible ETF A experienced a gain of 0.30 percent, reaching EUR 166.50 during the STU session. The fund's highest value for the day was EUR 166.20, with a trading volume of 2,326 units. It also achieved a 52-week high of EUR 166.56 on December 11, 2024.
Banque cantonale du Valais (BCVs) is enhancing its executive management team with two key appointments effective May 1, 2025. Sophie Revaz will lead the new "Legal, Compliance and Services" division, while Didier Eggel will oversee the "Digitization and Transformation" unit. This restructuring comes as Daniel Rossi prepares for retirement after heading the "Services" division.
The DAX approached its all-time high, closing at 20,426 after a day of fluctuations influenced by the ECB's interest rate decision. With the record high at 20,462 in sight, a breakthrough could lead to further gains, while a drop below 20,400 may test lower support levels.
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Wohnwagon Secures Investment to Expand Sustainable Modular Housing Solutions
15:00 13.12.2024
VP Bank Shares Decline Following European Central Bank Interest Rate Cut
14:28 13.12.2024
UBS Acquires 6.74 Percent Stake in Revolution Beauty Group
14:07 13.12.2024
UBS Lowers Uranium Price Forecasts Amid Mixed Market Sentiment
United States Dollar
Metagenomi, Inc.
Microsoft Corporation
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Google Inc.
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12:47 13.12.2024
UBS Lowers Uranium Price Forecasts Amid Growing Nuclear Energy Interest
11:47 13.12.2024
European Gas Risks Eased as Prices Drop and Storage Levels Stabilize
11:32 13.12.2024
European Gas Market Shows Resilience Amidst Supply Uncertainties and Demand Fluctuations
11:28 13.12.2024
UBS MSCI World Socially Responsible ETF Achieves New Trading Milestone
10:17 13.12.2024
Banque cantonale du Valais strengthens management team with key appointments
08:35 13.12.2024
DAX Approaches All Time High Following ECB Interest Rate Decision
08:16 13.12.2024
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