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Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns
Finance

Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns

Key Points Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures. The bank upped its cash dividend pay-out guidance to 50% of net profit in 2025, from 40% in 2024. CEO Andrea Orcel said UniCredit was progressing onto the next phase of […]

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Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
World

Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback

Shares of Banco Santander jumped after Spain’s largest lender reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The bank’s net profit picked up by 11% year-on-year to 3.265 billion euros in the fourth quarter and […]

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European stocks fall as tariff uncertainty lingers; Infineon up 10%
World

European stocks fall as tariff uncertainty lingers; Infineon up 10%

Infineon CFO: We’re not out of the woods but have started the year on a ‘slightly positive tone’ Infineon CFO Sven Schneider speaks to CNBC’s Annette Weisbach after the company raised its full-year outlook, as first-quarter results come in slightly better than expected. European drink stocks fall Campari bottle is seen in this illustration photo […]

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UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive
World

UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023.  Bloomberg | Bloomberg | Getty Images Divided between two takeover courtships, UniCredit’s Andrea Orcel still has room to sweeten his bid for Italy’s Banco BPM, analysts say, while political turmoil stalls a deal with Germany’s Commerzbank.  Once a key architect […]

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Amazon reportedly in talks with Italy to invest billions of euros in cloud expansion
World

Amazon reportedly in talks with Italy to invest billions of euros in cloud expansion

Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country as part of the tech giant’s effort to boost its cloud offer in Europe, four people familiar with the matter said. Cesc Maymo | Getty Images News | Getty Images […]

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Morgan Stanley says these corporations previously know how a lot dollars they can make from generative A.I. — and they are not just tech
World

Morgan Stanley says these corporations previously know how a lot dollars they can make from generative A.I. — and they are not just tech

Analysts at Morgan Stanley named businesses that have quantified how significantly revenue they can make — or save — from utilizing generative synthetic intelligence (AI). In an assessment of to start with-fifty percent effects bulletins and earnings calls since July 1 from corporations with a current market capitalization of $10 billion or more, Morgan Stanley […]

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As downturn fears develop, Financial institution of The united states names 8 world shares to experience out a economic downturn
World

As downturn fears develop, Financial institution of The united states names 8 world shares to experience out a economic downturn

Lender of The united states has named the European corporations whose stocks are predicted to carry out robustly in the face of a possible financial downturn. It comes amid raising signals that the European financial system could be headed for a period of prolonged recession. Preliminary data previous week pointed towards a slowdown in small […]

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Shorter sellers are doubling down on these European banks — and Credit score Suisse isn’t their leading concentrate on
World

Shorter sellers are doubling down on these European banks — and Credit score Suisse isn’t their leading concentrate on

Quick-sellers are sitting on just about $2 billion in profit from bets towards the European banking sector this thirty day period so significantly. And, perhaps remarkably, Credit Suisse was not the most lucrative brief. Alternatively, France’s greatest financial institution BNP Paribas topped the list, yielding $357 million in (as still unrealized) profits for brief sellers […]

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Citi suggests Europe’s banking institutions are not likely to experience SVB-like difficulties and names 3 prime picks
World

Citi suggests Europe’s banking institutions are not likely to experience SVB-like difficulties and names 3 prime picks

European banks are unlikely to expertise the issues noticed at U.S.-dependent Silicon Valley Bank , in accordance to analysts at financial investment lender Citi, who named their three top rated stocks in the sector. SVB’s decision to promote $21 billion of bonds at a $1.8 billion decline to shore up its equilibrium sheet due to […]

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Investment banks love these ‘cheap’ global stocks they say are set to outperform
World

Investment banks love these ‘cheap’ global stocks they say are set to outperform

Analysts from JPMorgan, Credit Suisse and more name the “cheap” global stocks to buy right now. Source

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