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European Dividend Stocks Yielding Up to 5.6 Percent Amid Market Recovery
European markets are seeing a boost, with the STOXX Europe 600 Index up 0.90% due to easing inflation and supportive ECB policies, prompting investors to seek dividend stocks for stable income. Notable picks include Manitou BF, offering a 5.6% yield, despite a volatile dividend history, and INDUS Holding, a private equity firm with diverse revenue streams.
Crypto.com Appoints Former IG CEO to Lead CFD Expansion in 2025
Crypto.com has appointed former IG Group CEO Kevin Algeo as Senior Vice President of Capital Markets to spearhead its expansion into CFDs and other financial products. This move follows the acquisition of Cyprus-based A.N. Allnew Investments Ltd, which secured a MiFID license, enabling the platform to offer a wide range of regulated financial services across Europe and beyond. Algeo's extensive experience in financial services is expected to enhance Crypto.com's mission to provide a comprehensive suite of regulated products for its global user base.
coller capital partners with deutsche bank to launch private equity fund
Coller Capital has partnered with Deutsche Bank to offer the Coller Private Equity Secondaries Fund to qualified wealth management clients in Asia and select EMEA countries, managing over $40 billion in secondaries. The fund, with a minimum commitment of $50,000, provides access to liquidity in the private capital ecosystem.Meanwhile, RQI Investors launched a UCITS vehicle of its Global Value strategy, targeting UK, European, Singaporean, and Canadian investors, with an initial $50 million investment. This marks RQI's first international offering, building on a successful 16-year track record.
cisco systems insider trading and institutional investment activity reported
Cisco Systems' executive vice president now owns 191,184 shares valued at approximately $11.6 million after a recent sale, which decreased their position by 1.07%. Over the past 90 days, insiders sold 14,635 shares, while institutional investors hold 73.33% of the stock. Analysts have raised Cisco's price target to $73.00, suggesting a potential upside of 14.74%. The company reported earnings of $0.96 per share, exceeding estimates, and announced a $15 billion share repurchase plan, indicating management's belief in the stock's undervaluation.
analysts recommend five stocks over american express amid mixed ratings
American Express reported $3.64 earnings per share, exceeding estimates, but its revenue of $16.97 billion fell short of expectations. Analysts maintain a "Hold" rating, with one sell, sixteen holds, and eight buy ratings, while the average target price is $295.05. The company recently increased its quarterly dividend to $0.82 per share, reflecting a positive outlook despite mixed analyst sentiments.
american express announces dividend increase and analyst rating updates
American Express has declared a quarterly dividend of $0.82, payable on May 9th, with an ex-dividend date of April 4th. Analysts have mixed ratings on the stock, with a consensus "Hold" and an average price target of $295.05. Recent insider sales indicate a decrease in positions, while institutional investors have increased their stakes significantly.
bnp paribas exane lowers price target for international paper to 39.90
BNP Paribas Exane has lowered its price target for International Paper Company from $44.90 to $39.90. The company is a leading global producer of paper and wood products, with net sales primarily from industrial packaging (83.4%) and cellulose fibers (7.7%). As of the end of 2024, it operates 214 production sites, predominantly in the United States, where it generates 87.5% of its net sales.
Deutsche Bank raises Goodyear price target while maintaining buy rating
Deutsche Bank has raised its price target for Goodyear Tire & Rubber to $14 from $13 while maintaining a Buy rating. Goodyear develops, manufactures, and sells tires for various applications and operates around 950 retail outlets globally, offering products and services to both consumer and commercial customers. The company produces a wide range of tires under several brands, including Goodyear, Cooper, and Dunlop, across 53 manufacturing facilities in 20 countries.
Frontline plc, a shipping company specializing in crude oil transportation, currently holds a "Moderate Buy" rating with a price target of $20.62. The company operates a fleet of 70 vessels and reported a quarterly revenue of $425.6 million, exceeding expectations, while also announcing a quarterly dividend of $0.20. Institutional investors own 22.70% of the stock, with recent changes in positions from several hedge funds.
Hungarian businessman linked to controversial bid for Raiffeisenbank's Russian subsidiary
István Tiborcz, son-in-law of Hungarian Prime Minister Viktor Orbán, is reportedly negotiating to acquire Raiffeisenbank's Russian subsidiary, despite his company's denial of interest in Russian assets. The deal may involve Russian entrepreneurs Alexei Repik and Maxim Oreshkin, who could benefit from a façade of European ownership to navigate sanctions. The complex web of offshore companies and connections raises questions about the true ownership and intentions behind the potential acquisition.
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