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Six banks settle European bond price fixing litigation in New York

Six banks settle European bond price fixing litigation in New York By Jonathan Stempel NEW YORK, July 26 (Reuters) - Six banks including Bank of America BAC.N and Citigroup C.N agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig prices of European government bonds. A preliminary settlement with Bank of America, Citigroup, Jefferies JEF.N , NatWest NWG.L , Nomura 8604.T and UBS UBSG.S was filed late Friday in Manhattan federal court, and require
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CBRE Group up after Evercore upgrade, annual profit forecast raise

BUZZ-CBRE Group up after Evercore upgrade, annual profit forecast raise ** Shares of commercial real estate services and investment firm CBRE Group CBRE.N rise 2.3% to $109.91 ** Brokerage Evercore ISI upgrades stock to "outperform" from "in line" and lifts PT to $123 from $100, implying a 14.5% upside to stock's last close ** Raymond James also li
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Boyd Gaming gains after Q2 results beat estimates

BUZZ-Boyd Gaming gains after Q2 results beat estimates ** Casino operator Boyd Gaming's BYD.N shares up 4.3% to $61.03 premarket ** Company posts Q2 revenue of $967.5 mln vs est $909.1 mln - LSEG ** Reports Q2 adj EPS of $1.58 vs est $1.49 ** Conditions in Las Vegas Locals segment market improved, saw strong growth in Downtown Las Vegas unit operat
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STMicro extends losses after guidance cut, brokers lower PTs

BUZZ-STMicro extends losses after guidance cut, brokers lower PTs ** Paris-listed shares in STMicroelectronics STMPA.PA (STM) fall for a second day after the chipmaker lowered its guidance again , with several analysts cutting their PTs ** STM stock lost 14% on Thursday, it is down 4% by 0839 GMT to its lowest since early November 2022 ** Jefferies
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Valeo confirms margin targets, shares jump

BUZZ-Valeo confirms margin targets, shares jump ** Shares in French car parts maker Valeo VLOF.PA rise 4.7% after it confirmed its margin targets for 2024 and 2025 on the back of H1 results, despite lowering sales target ** J.P.Morgan says Valeo is "delivering on track" with a strong set of results ** JPM says that 2024 into 2025 earnings walk is l
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