Financial Markets News | Page 2 of 266

Markets

Companies, Markets 3rd September 2025

eDreams reiterates goal of more than 1 million new PRIME members in 2026, but cuts free cash flow forecast

Singular Bank | The company reported first-quarter results for fiscal year 2026 in line with expectations, confirming its targets for the year in terms of PRIME member growth and Cash EBITDA generation, although with a decline in free cash flow due to higher taxes and refinancing costs. The PRIME base increased by 205,000 members to 7.5 million, at the high end of the guidance, and the revenue margin grew by…

Companies, Markets 3rd September 2025

Telefónica considers delisting from NYSE with aim of saving costs and simplifying business

Bankinter | The company could delist from the New York Stock Exchange (NYSE). According to the media, the measure will be announced in the new strategic plan scheduled for November and is in line with the objective of saving costs and simplifying the business. The reporting and regulatory compliance requirements of the NYSE are high, and Telefónica believes that the return does not offset the costs. Analysis team’s view: We…

Companies, Ibex 2nd September 2025

Citigroup ups stake in Amadeus to 4.02%

Alphavalue / Divacons | Citigroup increased its total stake in Amadeus IT Group’s share capital to 4.02%, according to a notification sent to the Spanish National Securities Market Commission (CNMV). CitiGroup’s current position breaks down into 1.593% in direct and indirect voting rights and 2.427% in financial instruments. In other news, Bank of America downgraded its recommendation for Amadeus, believing that it will perform ‘worse than the market’ due to…

Companies, Ibex 2nd September 2025

Supply and demand for Puig Brands stable within tedious range since May

Renta 4 | By the lows of last April, it had accumulated a 49% drop from its IPO highs. Since May, supply and demand have stabilised in a tedious range, with support at €15.7 and resistance at €17.45. Although this range could break downwards, we would be paying particular attention to the upper end, which is the transition zone of the main downtrend and a tactical turning point upwards. The…

Ibex, Markets 1st September 2025

Investors should not resist data centre trend, even if valuations appear high; EW maintained for Merlin Properties

Morgan Stanley | Our analyst Bart Gysens continues to see attractive risk/return in EU real estate, although he prefers to focus on idiosyncratic stocks while awaiting a turnaround in bond yields. In the logistics sector, which is under greater pressure, he believes we have already passed the peak of deterioration in sentiment and demand, with CTP being his top recommendation. In terms of relative value, he prefers office stocks in…

Companies, Ibex 28th August 2025

Santander’s ROTE could approach 20% if lack of profitability in US retail business addressed

Morgan Stanley | Our analyst Álvaro Serrano reiterates Santander as his Top Pick, raising his target price from €8.30 to €9.50, while analysing what could lead to a ROTE of 20%. With capital stabilised and excess capital redistributed, Serrano believes that Santander’s global platform and the normalisation of profits in Brazil will drive the next phase of growth. He revises his profit estimates upwards by 7-8% for 2026/27, remaining 9%…

Companies, Ibex 28th August 2025

Iberdrola to install electric vehicle charging points at Alimerka supermarkets in Asturias, Castile and León, and Galicia

Link Securities | Alimerka and the electricity company have reached an agreement to install charging points of different power ratings for electric vehicles in the three autonomous communities where the Asturian distribution group currently has supermarkets (Asturias, Castile and León, and Galicia), according to the newspaper Expansión. According to the joint statement issued by both companies, the agreement provides for the installation of 238 ultra-fast chargers, located in the car…

Companies, Ibex 22nd August 2025

Telefónica: doubts about possible capital increase punish stock by 4.81%

CdM | Doubts about a possible capital increase by Telefónica punished the stock by 4.81%, recording the worst performance in the index. According to vozpopuli.com, TELEFÓNICA (TEF) is considering the possibility of carrying out a capital increase, which would be approved in the coming weeks. The operation, according to this media outlet, would have the support of the main shareholders: the State, through SEPI; the Saudi operator STC and CriteriaCaixa….

Companies, Ibex 18th August 2025

Caixabank executes 53.47% of share buyback in programme’s ninth week

Alphavalue/DIVACONS | The Catalan bank executed 53.47% of its share buyback in the ninth week of the programme, whose maximum amount has been set at €500 million, according to information provided by the entity to the National Securities Market Commission (CNMV) on Friday. Specifically, in this new week of the programme, it acquired 2,237,802 shares at a weighted average price of £8.6738 and a total amount of £19.4 million. Meanwhile,…

Companies, Markets 18th August 2025

Gestamp has little potential from current levels: Sell, P/E €3.3/share

Bankinter | Gestamp (GEST) surprises in Q2 with improved margins despite sales figures. For 2025 as a whole, it reiterates its guidance. However, we believe it will be difficult to meet its revenue growth target. At constant exchange rates, sales grew less than the average production in the countries where the company operates (-0.9% versus +3.7% for the market) at the end of the first half. In fact, following these…

« 1 2 3 4 … 266 »