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JuliusBaer


Notícias

Julius Baer Seeks Goldman Sachs Deal To Get New CEO Sooner - Bloomberg News

BRIEF-Julius Baer Seeks Goldman Sachs Deal To Get New CEO Sooner - Bloomberg News July 26 (Reuters) - JULIUS BAER SEEKS GOLDMAN SACHS DEAL TO GET NEW CEO SOONER - BLOOMBERG NEWS Source text : https://tinyurl.com/22zbqs96
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Indian shares set to snap losing streak, helped by IT, metals

BUZZ-Indian shares set to snap losing streak, helped by IT, metals ** India's benchmark indexes NSE Nifty 50 .NSEI and S&P BSE Sensex .BSESN up about 1.2%, on course to snap a five-session losing streak ** Information technology stocks .NIFTYIT rise 2.3% after data showed that U.S. economic growth rose in the June quarter ** IT companies earn a significant share of their revenue from the U.S.
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Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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'A cut too far': Deutsche downgrades Nestle after it trims FY outlook

BUZZ-'A cut too far': Deutsche downgrades Nestle after it trims FY outlook ** Deutsche Bank downgrades Nestle NESN.S to "hold" from "buy", saying the world's biggest packaged food company went "a cut too far" as it trimmed its sales growth outlook on Thursday ** Nestle's forecast was again below expectations, the brokerage says ** Adds that H2 perf
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Swiss stocks - Factors to watch on July 26

Swiss stocks - Factors to watch on July 26 July 26 - Here are some of the main factors that may affect Swiss stocks on Friday: HOLCIM HOLN.S Reports Q2 results slightly ahead of forecasts. COMPANY STATEMENTS AMS OSRAM AMS.S Second quarter earnings release due. FORBO HOLDING FORN.S Confirms spring outlook for full year 2024. VONTOBEL VONN.S Half-year earnings release due.
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Macro hedge funds to dump $45 bln in equities, says Morgan Stanley

CORRECTED-HEDGE FLOW-Macro hedge funds to dump $45 bln in equities, says Morgan Stanley In paragraph 6, corrects James Koutoulas’ comments to reflect he said stocks remain trading above their intrinsic value, not overweight By Carolina Mandl NEW YORK, July 25 (Reuters) - Computer-driven macro hedge fund strategies on Wednesday sold $20 billion in equities and are set to shed at least more $25 billion over the next week after the stock rout, in one of the largest risk-unwinding events in a deca
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Julius Baer could still do launch share buyback this year - CEO

Julius Baer could still do launch share buyback this year - CEO ZURICH, July 25 (Reuters) - Julius Baer BAER.S has not ruled out launching a new share buyback this year, the Swiss private bank's Chief Executive Nic Dreckmann said on Thursday. "As of February 1st... we said that the board of directors may decide for an off-cycle buyback still in the second half of the year and I think we'll remain at that for the time being," Dreckmann told analysts after the bank's first half results .
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Julius Baer shares dip as H1 profit, no buy-back disappoint

BUZZ-Julius Baer shares dip as H1 profit, no buy-back disappoint ** Shares of Swiss bank Julius Baer BAER.S fall 8.5% after H1 profit miss ** The company posts H1 adjusted net profit of 459.7 million Swiss francs, missing the consensus forecast of 490 million on lower-than-expected revenues ** J.P.Morgan notes encouraging fees, capital and net flow
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Swiss pharma firm Lonza seen up on smaller-than-expected earnings drop

BUZZ-Swiss pharma firm Lonza seen up on smaller-than-expected earnings drop ** Shares in Swiss contract drug manufacturer Lonza LONN.S are seen rising 3.5% in the Julius Baer premarket indications after its H1 core earnings fell less than expected by the market ** H1 adjusted EBITDA fell to 893 million Swiss francs ($976.4 million), vs 802 million
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Julius Baer CEO says clients have moved on from concerns about Signa losses

Julius Baer CEO says clients have moved on from concerns about Signa losses ZURICH, July 25 (Reuters) - Julius Baer BAER.S is seeing "continuous good momentum" in inflows of new client money at the start of its second half, the Swiss private bank's CEO Nic Dreckmann said on Thursday, with concerns about the Signa losses fading. "July ...is only two to three weeks old, we've seen a continuous good momentum and we look forward and we'll work hard for the second half of the year," Dreckmann told re
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Julius Baer shares slide on profit miss, tepid cash inflows

UPDATE 3-Julius Baer shares slide on profit miss, tepid cash inflows Shares fall 10% following results Net profit missed forecasts CEO says customer concerns over Signa losses now fading Recasts, adding CEO comment, share price, analyst reaction By John Revill ZURICH, July 25 (Reuters) - Swiss private bank Julius Baer's BAER.S shares fell 10% on Thursday after the wealth manager missed profit forecasts and reported only a tepid increase in cash inflows from rich clients.
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Swiss private bank Julius Baer H1 profit drops 15%

RPT-Swiss private bank Julius Baer H1 profit drops 15% Repeats story on a different USN, no changes to text ZURICH, July 25 (Reuters) - Swiss private bank Julius Baer BAER.S on Thursday reported a 15% drop in profit for first half of 2024, a tumultuous period that saw the exit of its CEO in the wake of the multi-million Signa debacle. The Zurich-based bank said adjusted net profit fell to 459.7 million Swiss francs ($520.79 million) from 541 million francs a year earlier.
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Julius Baer Gruppe Lower Revenues And Continued Investments Drive 15% Decrease In Net Profit

BRIEF-Julius Baer Gruppe AG - Lower Revenues And Continued Investments Drive 15% Decrease In Net Profit July 25 (Reuters) - JULIUS BAER GRUPPE AG BAER.S : H1 TOTAL NET INFLOWS OF CHF 3.7 BILLION VERSUS CHF 7.1 BILLION IN H1 2023 (REMOVES REFERENCE TO NET NEW MONEY) PRESENTATION OF THE 2024 HALF-YEAR RESULTS OF THE JULIUS BAER GROUP ASSETS UNDER MAN
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Swiss private bank Julius Baer H1 profit drops 15%

Swiss private bank Julius Baer H1 profit drops 15% ZURICH, July 25 (Reuters) - Swiss private bank Julius Baer BAER.S on Thursday reported a 15% drop in profit for first half of 2024, a tumultuous period that saw the exit of its CEO in the wake of the multi-million Signa debacle. The Zurich-based bank said adjusted net profit fell to 459.7 million Swiss francs ($520.79 million) from 541 million francs a year earlier.
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Swiss stocks - Factors to watch on July 25

Swiss stocks - Factors to watch on July 25 ZURICH/GDANSK, July 25(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: COMPANY STATEMENTS DORMAKABA DOKA.S Dormakaba expands production in India. LEONTEQ LEON.S Leonteq says outlook for 2024 is reaffirmed. BUCHER INDUSTRIES AG BUCN.S Bucher Industries says group expects lower sales in 2024. BACHEM HOLDING AG BANB.S Half-year results due.
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Indian shares extend decline after tax hike on equity trading

BUZZ-Indian shares extend decline after tax hike on equity trading ** India's Nifty 50 .NSEI and Sensex .BSESN decline 0.6% and 0.7% respectively as investor sentiment remains sour after the government raised tax on gains from equity investments ** The market reaction to the union budget signals an immediate response to the adjustments in capital g
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Swiss lender EFG posts 10% rise in net profit, robust inflows

UPDATE 3-Swiss lender EFG posts 10% rise in net profit, robust inflows Adds share price, paragraph 4 ZURICH, July 24 (Reuters) - Swiss private bank EFG International EFGN.S said on Wednesday net profit grew by 10% to a record 162.8 million Swiss francs ($182.7 million) in the first half of 2024, posting target-beating asset inflows over the period.
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Logitech seen rising on outlook hike, strong Q1 results

BUZZ-Logitech seen rising on outlook hike, strong Q1 results ** Shares in Logitech LOGN.S are seen rising 7.1% in Julius Baer pre-market indications after the Swiss-American computer peripherals maker raised its FY sales and profit forecasts and posted upbeat Q1 results ** Logitech expects FY sales of $4.34-4.43 billion vs. previously targeted $4.3
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Swiss bank Julius Baer taps Goldman Sachs executive as CEO

UPDATE 5-Swiss bank Julius Baer taps Goldman Sachs executive as CEO Appointment likely puts potential tie-up with EFG on ice Shares rise following announcement Designation welcomed by analysts, new CEO still unknown quantity Adds further comments from industry figures, paragraphs 10-11, 13-14 By John Revill and Oliver Hirt ZURICH, July 23 (Reuters) - Julius Baer BAER.S on Tuesday named Goldman Sachs GS.N partner Stefan Bollinger its new CEO, as the Swiss private bank seeks to move on from the mu
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Swiss bank Julius Baer names Goldman Sachs exec as new CEO

Swiss bank Julius Baer names Goldman Sachs exec as new CEO ZURICH, July 23 (Reuters) - Julius Baer BAER.S has hired Goldman Sachs GS.N partner Stefan Bollinger to be its new Chief Executive, the Swiss private bank said on Tuesday. The appointment ends a search for a successor to Philipp Rickenbacher who was ousted in February after Julius Baer suffered massive losses on loans to failed property firm Signa.
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