Reduced purchasing power, conflicts, climate change. Italians face new and old concerns that make them generally more insecure than the average European. All this despite the fact that the tendency to ask for loans and mortgages to buy a house or a car is returning, and the percentage of those who want to take out … Read more
Important day is Monday June 24, 2024 Italian stock exchange With the withdrawal of seven of the companies with the highest capitalization in Piazza Afari, after the huge detachment of last May 20. Among the most profitable coupons is: HeraThe Emilia-Romagna multi-unit utility is off at €0.14, corresponding to a yield of 4.25%. The yield … Read more
Wall Street’s largest investment bank Jp Morganeliminates cap on bonuses For bankers imposed by Brussels Londonpaving the way for earning up to 10 times their current salary. The news comes just weeks after rival Goldman Sachs also launched the era After Brexit for salaries in the banking sector. AM. limit on bankers’ bonuses It was … Read more
97% of Italians believe that it is necessary to supplement the state pension, and 65% are convinced that only the state pension will not be enough to live with dignity after retirement. In addition, there is also the fear for increasingly youth-based groups, that the expected retirement age continues to increase beyond 70. That’s what … Read more
Meanwhile US stock market updates all time highs, among investment banks there are those who expect a change of gear. And painful too. It’s about Marko Kolanovic, Chief Strategist at JPMorgan, among the few who see black on the S&P 500’s outlook. “At a very high valuation of the stock, we currently do not believe … Read more
The summer of 2024 promises to be hot for Monte dei Paschi di Siena. The mark-up date is July 2, the three-month mark announced at the last divestment in April, for which the Treasury may start selling additional 10% shares. MPS. the new treasury moves into view This reopens the window to allow the Treasury … Read more
JPMorgan raised its forecast for new AT&T ( T ) postpaid subscriptions in the second quarter to 275,000 from a previous forecast of 250,000, according to a report on Thursday. This adjustment is due to reduced customer turnover. “We have adjusted our financial forecasts for the AT&T Mobility division ahead of the second quarter earnings … Read more
A recent survey of Chief Information Officers (CIOs) conducted by Mizuho shows a favorable outlook for the IT services industry, especially as it relates to the growing use of generative AI (GenAI) services. “Our survey identifies several areas of growth for IT services,” reports Mizuho, after gathering input from more than 50 midsize business CIOs … Read more
WaveDancer, Inc., a Delaware-based software services company, has amended its loan agreement with Summit Community Bank. The announcement, based on a recent SEC filing, reveals that the company, along with its wholly-owned subsidiary Tellenger, Inc., has negotiated an extension to the maturity date of its credit facility to July 16, 2024. The credit agreement, originally … Read more
For this year, the Italian-French automaker expects double-digit adjusted operating income (“Aoi”) and positive industrial free cash flow, as well as dividend distributions and share buybacks of at least 7.7 billion euros. In 2025, Stellantis will aim for a dividend payout policy high in the 25-30% range, up from 25% in recent years. In the … Read more
In a key session today, the CEOs of Canada’s five largest banks were questioned by members of the Canadian Parliament about their strategies to combat climate change. Executives from Royal Bank of Canada, TD Bank, Bank of Montreal, Bank of Nova Scotia and CIBC held a video conference with a House of Commons committee where … Read more
It Berkshire Hathaway is reducing its stake in Chinese electric car maker BYD to 6.9%. The conglomerate founded by entrepreneur Warren Buffett sold another 1.3 million BYD shares for $39.8 million, the Hong Kong stock exchange said in a statement. The sale lowered Berkshire’s shares to 6.9% from 7%. Berkshire Hathaway. la scommessa su BYD: … Read more