Ibex

santander webster

Two Republican senators call for investigation into Santander’s acquisition of Webster, citing “security concerns”

Report by Link Securities US Republican senators have asked the country’s authorities to investigate Banco Santander’s acquisition of Webster and not to proceed with its authorisation until the “security concerns” raised by the deal have been addressed, the newspaper Expansión reported on Friday. In a public letter, Senators Bernie Moreno and Tim Sheehy state that ‘in the current geopolitical environment, ceding control over US deposits, data and credit decisions to…


Ibex

New “imminent” Middle East peace deal: Iran admits “examining” new US proposal

Report by Renta 4 European markets open higher (Eurostoxx futures up 0.9%, S&P futures up 0.3%, Nasdaq futures up 0.4%) following a session with little movement on Wall Street and gains in Asia, amid comments from US Secretary of State Marco Rubio regarding “positive signs for reaching an agreement with Iran”, which could be announced as early as today, with the spokesperson for the Iranian Ministry of Foreign Affairs, Esmail…


ibex chulisima

IBEX 35 close to 18,000 points, down slightly by 0.4%, amid doubts over US-Iran deal

Report by Álvaro Romero Mateu European stock markets lost some of the momentum seen the previous day. The market is once again looking to the Middle East: doubts over a possible agreement between the United States and Iran have pushed oil prices higher once again and reignited fears of more persistent inflation. Against this backdrop, the IBEX 35 (down 0.4%) traded close to the 18,000-point mark with moderate declines, whilst…


endesa novisimo

State ordered to pay Endesa €255 million plus interest from 2020 onwards to cover higher fuel costs incurred in Canary Islands and Balearics

Banco Sabadell reports According to press reports, the Supreme Court has ordered the State to compensate Endesa with €255 million plus interest from 2020 onwards, for the higher fuel costs incurred in the Canary Islands and the Balearic Islands. The decision stems from the failure to enforce a previous ruling from 2024 which had already declared part of the 2022 regulation on these costs to be unlawful. Consequently, payment must…


ibex35 colorido

IBEX 35 closes up 2.2% at 18,051 points

Reported by Jaime Sicilia Martínez The main European indices have risen following the fall in oil prices and sovereign bond yields. The IBEX 35 closed up 2.2% and the Euro Stoxx 50 rose by 2.1%. The technology sector saw the biggest gains, driven by semiconductor firms, which have rebounded following the technical correction of recent sessions, buoyed by the positive outlook for Nvidia’s earnings release this evening. In the Asia-Pacific…


bolsa reloj espana 2

Widespread gains on European stock markets: Ibex 35 rises 0.45% to close at 17,654 points

Modest gains on Wednesday for the Ibex 35 (0.46%, 17,654 points), as seen across most other European stock markets, which are rebounding but only moderately. Reported by Jaime Sicilia Martínez The major European indices are recovering some of their recent losses, despite Brent crude remaining above $105 and thus inflation estimates on the rise, while the conflict with Iran persists. Meanwhile, it appears that Saudi Arabia launched attacks against Iran….


bancos espana

Fitch Raises Ratings for BBVA, Caixabank, Santander, and Sabadell

Report by Renta 4 Recommendation: BBVA, Hold, Target Price €20.80/share; Caixabank, Overweight, Target Price €11.86/share; Santander, Overweight, Target Price €12.08/share; Sabadell, Overweight, Target Price €3.85/share Fitch has upgraded the long-term issuer and long-term deposit ratings of BBVA (BBVA) and Caixabank (CABK) by one notch in both cases to A (from A-) and to A+ (from A), respectively. In the case of Santander (SAN), it has raised the long-term rating to…


ibex chulisima

IBEX 35 closes down 0.3% as investors await Iran’s acceptance of deal presented by Trump

By Jaime Sicilia Martínez The major European indices have fallen as investors await the announcement of the agreement and given the latest decline in the energy sector. Consumer discretionary stocks led the gains for the second day in a row. The IBEX 35 closed down 0.3%, and the Euro Stoxx 50 fell 0.9%. In the Asia-Pacific region, the Hong Kong Hang Seng followed up on yesterday’s sharp rise in the…


Indra novedad

Indra shares fall 2.93% amid doubts over Ángel Escribano’s future as chairman

Alphavalue/Divacons | Shares in the Spanish IT services and consultancy firm fell by 2.93% on Monday. The market is reacting to doubts over Ángel Escribano’s continued tenure as chairman, following confirmation last Thursday that Escribano Mechanical and Engineering (EM&E) was withdrawing from the merger with Indra (IDR), whilst retaining Escribano at the helm of the firm. Ángel Escribano’s future as the company’s chairman remains shrouded in uncertainty after he was…


Merlin Properties new

Risks in European property sector now more balanced; Merlin Properties upgraded to Overweight due to growth potential in data centres

Morgan Stanley | Bart Gysens (analyst) revises down the bearish scenarios for the European property sector and maintains an Attractive view, although he highlights that risks are now more symmetrical. He ranks the sector according to five criteria: 1) impact of higher interest rates; 2) HALO characteristics (heavy assets with low obsolescence); 3) ability to go on the offensive and/or scope for self-correcting measures; 4) significant changes in fundamentals —such…