0
0.0
May 7, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
ftse mib is up 1% off unicredit results. the dax is up .50% after mixed earnings reports. >>> we will move on to another earnings mover. uniper profit fell in the first quarter. it confirmed the full-year outlook targeting 1.5 and 2 billion euro. >>> siemens missed revenue in the second quarter with the sales in china missing. they adjusted ebitda of 22 million euro. >>> and fresenius confirmed guidance for the year. annette joins us more with the quarter. >> reporter: thank you, frank. despite the numbers which are beating expectations, the shares are down and tanking. that is according to analysts because the guidance is moderate. they would have expected more optimism for the year. the ceo which i spoke with earlier on cnbc told me they have a strong pricing power and they really see business coming back in terms of profitability. the u.s., of course, is the biggest market. here mortality during the covid years was higher and it did impact fresenius business. that market is coming back. perhaps we will listen in. >> the g
ftse mib is up 1% off unicredit results. the dax is up .50% after mixed earnings reports. >>> we will move on to another earnings mover. uniper profit fell in the first quarter. it confirmed the full-year outlook targeting 1.5 and 2 billion euro. >>> siemens missed revenue in the second quarter with the sales in china missing. they adjusted ebitda of 22 million euro. >>> and fresenius confirmed guidance for the year. annette joins us more with the quarter. >>...
0
0.0
May 7, 2024
05/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
on the earnings run over in italy, unicredit coming in top line. this is the redhead from the top lender up 40%. the redhead first quarter net income coming with a beat for unicredit. 2.56 billion euros versus the estimates of 2.1 billion euros. decent beat coming through. we look for lines on net interest income. 2.5 6 billion is the top line in terms of net income. net interest income and i i also coming in with a beat. 3.5 8 billion above the estimates of three point five one billion. modest feet in terms of net interest income. they are seeing in terms of the first quarter net fees and commission coming in above the estimates, just above two billion in terms of force critter revenue above the estimates, six point 4 billion. shy of 6.4 billion euros. when you listen in on the call for unicredit. the outlook for net interest will be key. this is a market, this is a bank up 40% year to date. goldman sachs expects 9 billion euros for this lender in 2024. solid beat coming through. earnings story will play into the market moves as we close in on tha
on the earnings run over in italy, unicredit coming in top line. this is the redhead from the top lender up 40%. the redhead first quarter net income coming with a beat for unicredit. 2.56 billion euros versus the estimates of 2.1 billion euros. decent beat coming through. we look for lines on net interest income. 2.5 6 billion is the top line in terms of net income. net interest income and i i also coming in with a beat. 3.5 8 billion above the estimates of three point five one billion. modest...
0
0.0
May 24, 2024
05/24
by
RUSSIA24
tv
eye 0
favorite 0
quote 0
very russian alliance - this is a daughter of gazprom, well, according to her lawsuit , the assets of unicredit bank were seized, but there are several other banks there, what is the point, german... because they cannot do anything about it, profits are growing, they are withdrawing them they can’t, just like us, in this, of course, the main, so to speak, nuance of an ambush for them, i would say so, in this sense, of course, here is the old, so to speak, russian... saying, so to speak, hurry up, take your time, it fits the structure of the moment, because well i also agree that we need to continue the strategy that we continued, i also want us to do something faster, but in economics here the winner is the one who knows how to endure, but if we can endure, it ’s through money, and if we also help them in this, push them into this abyss, we of course, we can put the american and european economies in check, too, and not on purpose, they themselves... they will drive themselves into this trap in 2008, for example, but we didn’t do it then, remember, that’s how hank paulson was, he later
very russian alliance - this is a daughter of gazprom, well, according to her lawsuit , the assets of unicredit bank were seized, but there are several other banks there, what is the point, german... because they cannot do anything about it, profits are growing, they are withdrawing them they can’t, just like us, in this, of course, the main, so to speak, nuance of an ambush for them, i would say so, in this sense, of course, here is the old, so to speak, russian... saying, so to speak, hurry...
0
0.0
May 27, 2024
05/24
by
NTV
tv
eye 0
favorite 0
quote 0
russia and have long been under special the attention is paid, for example, to the austrian italian unicredit. european banks may come under additional restrictions due to their work in russia. as the head of the us ministry of finance, janet yellin, said in an interview with reuters, the authorities are considering the possibility. in may, the us treasury warned rai feisen that he could be cut off from the american financial system due to transactions with russia. rai faizen said that they would begin to reduce russian business in the third quarter of this year. and at the end of may the head of the italian central bank fabio paneto said that the country's banks should stop conducting transactions with russia, as this creates reputational risks. the state duma has indicated at what salary the progressive scale of income tax for individuals can begin. last week , parliamentary hearings began on future tax changes, and based on their results, the duma budget committee on taxes published recommendations: the lower threshold for the new progressive personal income tax scale is proposed to be set
russia and have long been under special the attention is paid, for example, to the austrian italian unicredit. european banks may come under additional restrictions due to their work in russia. as the head of the us ministry of finance, janet yellin, said in an interview with reuters, the authorities are considering the possibility. in may, the us treasury warned rai feisen that he could be cut off from the american financial system due to transactions with russia. rai faizen said that they...
0
0.0
May 27, 2024
05/24
by
NTV
tv
eye 0
favorite 0
quote 0
specify this in the american one, but earlier the austrian raifeisenbank came under attention italian unicredit. european banks may come under additional restrictions due to their work in russia. as the head of the us ministry of finance, jeannette yellin, said in an interview with reuters, us authorities are considering the possibility of tightening secondary sanctions. against foreign banks that continue to operate in russia. janet yellin did not specify which specific banks were being sanctioned, although she mentioned that tougher sanctions could affect those banks that, in her words, carry out operations that assist the military goals of russia. when asked whether the austrian raifasen and the italian unikit should leave the russian market, elin answered that, probably, the heads of the banks had already advised them to be extremely careful in their work. in may, the us treasury warned bank that it could be cut off from the american financial system due to transactions in russia. they did not say that they would begin to reduce business in russia in the third quarter of this year. and at t
specify this in the american one, but earlier the austrian raifeisenbank came under attention italian unicredit. european banks may come under additional restrictions due to their work in russia. as the head of the us ministry of finance, jeannette yellin, said in an interview with reuters, us authorities are considering the possibility of tightening secondary sanctions. against foreign banks that continue to operate in russia. janet yellin did not specify which specific banks were being...
0
0.0
May 7, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> and unicredit raising full-year guidance after the net profit for the first quarter of 2.56 billion euro. that is well ahead of the 2.13 billion euro that was forecast which is 1.1% higher >> arabile, thank you. >>> shares of ubs are jumping on first quarter results. the company pivoting back to profit after two quarter losses. silvia amaro has more on that with the sitdown with the ceo earlier. silvia, over to you. >> reporter: that's right. we are seeing strong results from ubs for the first quarter of 2024. the swiss bank provided a revenue beat, but a net profit beat net profit at $1.75 billion u.s. that was well above what analysts were expecting. cti ratio was above what they were expecting when i had the chance to sit down with the ceo sergio ermotti, he explained the united states played a critical role with the higher revenues in the investment banking division. take a look. >> in the news, we grow on the share of banking revenue of 20% to 30% on the year on year basis. that is aligned to our strategy to reinforce our france. that's the main driver that is offsetting the sl
. >>> and unicredit raising full-year guidance after the net profit for the first quarter of 2.56 billion euro. that is well ahead of the 2.13 billion euro that was forecast which is 1.1% higher >> arabile, thank you. >>> shares of ubs are jumping on first quarter results. the company pivoting back to profit after two quarter losses. silvia amaro has more on that with the sitdown with the ceo earlier. silvia, over to you. >> reporter: that's right. we are seeing...
0
0.0
May 27, 2024
05/24
by
NTV
tv
eye 0
favorite 0
quote 0
remained operating in russia; everyone has been looking closely at the austrian bank and the italian unicredit for a long time. european banks may come under additional restrictions due to their work in russia, as the head of the us treasury, janet helen, said in an interview with reuters, us authorities are considering the possibility of further tightening secondary sanctions against foreign banks that continue to operate in russia. janet yellen did not specify which specific banks were being sanctioned, but said that this tightening of sanctions could affect those banks that carry out operations according to her. stated that the country's banks should stop conducting transactions with russia, as this creates reputational risks. the state duma has indicated at what salary the progressive scale of income tax for individuals can begin. last week parliamentary hearings began on future tax changes. and based on their results, the duma budget committee on taxation published its recommendations. lower threshold for the new progressive scale. it is proposed to establish at least twice the average mo
remained operating in russia; everyone has been looking closely at the austrian bank and the italian unicredit for a long time. european banks may come under additional restrictions due to their work in russia, as the head of the us treasury, janet helen, said in an interview with reuters, us authorities are considering the possibility of further tightening secondary sanctions against foreign banks that continue to operate in russia. janet yellen did not specify which specific banks were being...
0
0.0
May 8, 2024
05/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
you have unicredit which had a 52 week high earlier after bnp paribas outraised its price target on the bank to a street high of 52 euros been giving back those gains right now. is currently down about 0.6% after a strong start to the day and we will keep following that one. you look at the broader market right now and it's a quiet day on wall street. we are reversing some of the losses we started with. the s&p 500 is currently higher to the tune of less than 0.1% but we are about unchanged and you look at the nasdaq 100, even more so, currently sitting in the green, up 2.0%. philadelphia semiconductor index had been the leader earlier today but not so much right now. currently just about unchanged but still a flipped back into positive territory for the big benchmarks. we will see if the momentum can continue. coming up, we have the reddit ceo and he joins us next. that does it for bloomberg markets. this is bloomberg. ♪ >> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology," with caroline hide and ed ludlow. -- h
you have unicredit which had a 52 week high earlier after bnp paribas outraised its price target on the bank to a street high of 52 euros been giving back those gains right now. is currently down about 0.6% after a strong start to the day and we will keep following that one. you look at the broader market right now and it's a quiet day on wall street. we are reversing some of the losses we started with. the s&p 500 is currently higher to the tune of less than 0.1% but we are about unchanged...
32
32
May 14, 2024
05/24
by
CNBC
tv
eye 32
favorite 0
quote 0
our portfolio holding is unicredit. you get one who wants to cut costs out of the business and what do you do? you find good economics for shareholders. i don't know in you saw macron's comments yesterday, i talked about this with steve as i came in, he said he is ready to consolidate in france. there is no banking union. the french letting you know they are available for sale is bizarre. it is not long ago where they cried to buy carrfour. every french person said we're going to starve to death. macron is saying europe wants to put their best put forward and america is not the best business or the end-all. the eu is tired of the united states eating their lunch in banking. >> ubs is offering a similar note as well. cole, you are staying with us and we will continue this conversation in a bit. stay tuned for the coming up conversation. >>> what's coming up next? vodafone reporting out of europe today. we breakdown the results for you. that's all coming up next. what is cirkul? cirkul is what you hope for when life tosse
our portfolio holding is unicredit. you get one who wants to cut costs out of the business and what do you do? you find good economics for shareholders. i don't know in you saw macron's comments yesterday, i talked about this with steve as i came in, he said he is ready to consolidate in france. there is no banking union. the french letting you know they are available for sale is bizarre. it is not long ago where they cried to buy carrfour. every french person said we're going to starve to...
0
0.0
May 17, 2024
05/24
by
NTV
tv
eye 0
favorite 0
quote 0
petersburg, leningrad region arrested part of the assets of the russian and german unicredit bank in the amount of approximately 463 million euros. the lawsuit was filed by kompanyals. it was established by gazprom and rusgazdobycha. the company demands to collect the debt from the unit under bank guarantees. the ruble today, by the end of trading, found the strength to rise in price again, but these forces are really not that much, as a result, the dollar at the end of the day was below 91, the euro 98.74. sales of used cars in russia have stopped growing actively, as the autostat agency calculated that in april russians resold approximately 510 thousand cars, which is only 15% more when compared with smart cars. autostat executive director sergei udolov tells the vedomosti newspaper that the same thing happened on the new car market; in april, sales decreased compared to march, and he explains all this by the fact that from april 1, the procedure for calculating the recycling fee for cars that were parallel imports has changed from eac countries, armenia, belarus, kazakhstan, kyrgy
petersburg, leningrad region arrested part of the assets of the russian and german unicredit bank in the amount of approximately 463 million euros. the lawsuit was filed by kompanyals. it was established by gazprom and rusgazdobycha. the company demands to collect the debt from the unit under bank guarantees. the ruble today, by the end of trading, found the strength to rise in price again, but these forces are really not that much, as a result, the dollar at the end of the day was below 91,...
36
36
May 20, 2024
05/24
by
BLOOMBERG
tv
eye 36
favorite 0
quote 0
if you do not have recession view things like i unicredit make a lot of sense, not because we are getting incredible spread but we are getting after yield. as an allocator after the devout stocks and bonds. jonathan: can we get within stocks a little bit more away from ai and weight loss? what is it you do like? is this a broad s&p story? phil: good question. i've to manage against the morgan stanley all world index. we have about 6% -- we have a 60/40 portfolio. two thirds of the overweight are in the u.s. s&p and then the balance of that we have an overweight to develop non-us. we like the european story. we like japan. we are neutral on emerging markets. quietly emerging markets are making a comeback. not willing to go overweight. would not be under emerging markets. jonathan: is there a china factor that holds you back a little bit? phil: there is an amount of confidence that we cannot get to yet with the emerging markets driven by the china story that we can get to in the u.s.. lisa: you're not alone. phil: thank you. lisa: here is the issue. a lot of people have been talking about e
if you do not have recession view things like i unicredit make a lot of sense, not because we are getting incredible spread but we are getting after yield. as an allocator after the devout stocks and bonds. jonathan: can we get within stocks a little bit more away from ai and weight loss? what is it you do like? is this a broad s&p story? phil: good question. i've to manage against the morgan stanley all world index. we have about 6% -- we have a 60/40 portfolio. two thirds of the...