What buying Commerzbank would mean for UniCredit — and the banking sector

What buying Commerzbank would mean for UniCredit — and the banking sector


Key Points
  • Last week, UniCredit announced it had taken a 9% stake in Commerzbank, confirming that half of this shareholding was acquired from the government.
  • UniCredit continues to surprise markets with some stellar quarterly profit beats.
  • It earned 8.6 billion euros last year (up 54% year-on-year), also pleasing investors via share buybacks and dividends.
  • Analysts are hoping that a move by UniCredit will encourage more cross-border consolidation.



Source

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more

Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]

Read More
Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more

Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders […]

Read More
Warren Buffett’s exit leaves open question: Who runs Berkshire’s 0 billion equity portfolio?
Finance

Warren Buffett’s exit leaves open question: Who runs Berkshire’s $300 billion equity portfolio?

As Berkshire Hathaway marks Warren Buffett ‘s official retirement Wednesday, attention is shifting to a less settled part of the succession plan: the fate of its $300 billion equity portfolio. For decades, Berkshire’s stock holdings have reflected Buffett’s long-term investing judgment and his willingness to deploy capital aggressively during market turmoil. With no obvious successor […]

Read More