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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.

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.

Israel warns residents to evacuate northern Gaza amid escalating conflict

Israel's military has warned residents in northern Gaza to evacuate ahead of anticipated counterattacks following rocket strikes on Israel. French President Emmanuel Macron criticized Israel's actions in Gaza, while humanitarian aid from France is reportedly blocked.In local news, the Flem municipal assembly approved the 2024 budget, showing a surplus of 182,000 francs despite a tax rate reduction. Petra Rothmund from Graubünden received the 2024 Catholic Media Award for her documentary "Cumià e cuminanza," highlighting the significance of farewells in society.Additionally, the Federal Administrative Court ruled that the decision to revoke bonuses for former Credit Suisse managers was incorrect, lacking legal basis, prompting the Federal Department of Finance to review the case.

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.

costco reports sales growth driven by increased consumer spending in april

Costco Wholesale reported sales growth in April, driven by increased consumer spending, according to UBS. The company operates a network of 890 warehouses across various countries, with 98.1% of net sales coming from product sales and 1.9% from subscriptions. The U.S. accounts for 72.4% of net sales, followed by Canada at 13.7%.

costco wholesale anticipates sales growth driven by increased discretionary spending

Costco Wholesale anticipates sales growth in April driven by increased discretionary spending, according to UBS. The company operates a network of 890 warehouses across various countries, with product sales constituting 98.1% of revenue and subscription sales at 1.9%. The U.S. accounts for 72.4% of total sales, followed by Canada at 13.7%.

deutsche bank raises costco price target while maintaining buy rating

Deutsche Bank has adjusted its price target for Costco Wholesale Corporation to $1,104 from $1,101 while maintaining a Buy rating. Costco specializes in distributing a wide range of products and services at discount prices through a network of 890 warehouse stores across various countries. As of January 9, 2024, the company's net sales are primarily generated from product sales (98.1%), with a smaller portion from subscription sales (1.9%).
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