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Credit Suisse shareholders are seeking compensation from the Swiss Confederation following the bank's takeover by UBS, claiming losses after purchasing shares based on misleading reassurances about the bank's stability. The Federal Department of Finance is appealing a court ruling that deemed the reduction of bonuses for former executives unlawful, arguing that exceptional circumstances justify their stance. Meanwhile, Japan faces rising inflation, with consumer prices hitting 3.5% in April, driven by soaring rice prices, prompting speculation about potential monetary policy changes by the Bank of Japan.
Deutsche Bank has lowered its price target for Westlake Corporation from $105 to $90 while maintaining a Buy rating. Westlake, a global manufacturer and supplier, operates across various sectors including housing, construction, packaging, healthcare, and automotive, offering a wide range of essential materials and products.
Barclays has raised its price target on Analog Devices, Inc. to $185 from $170 while maintaining an equal-weight rating. The company focuses on designing, manufacturing, and marketing integrated circuits, with net sales primarily from industrial equipment (45.8%) and automotive products (30%). Geographically, sales are led by the United States (30.1%) and China (22.6%).
Deutsche Bank has raised its price target on Analog Devices, Inc. to $230 from $220 while maintaining a hold rating. The company focuses on integrated circuits, with net sales primarily from industrial equipment (45.8%) and automotive products (30%), and has a diverse geographic distribution of sales, notably in the U.S. (30.1%) and China (22.6%).
The Swiss Federal Department of Finance is appealing to the Federal Supreme Court against a ruling that deemed the reduction or elimination of bonuses for former Credit Suisse executives unlawful. This follows the Confederation's financial support to Credit Suisse during its liquidity crisis in March 2023. Meanwhile, Germany's economy showed unexpected growth in Q1 2025, attributed to anticipatory effects of US tariffs, although experts warn of a potential GDP contraction later in the year due to ongoing industrial challenges.
NIKE Inc. focuses on designing, manufacturing, and marketing sports footwear, clothing, and equipment, with net sales primarily from footwear (68.6%), clothing (27%), and sports equipment (4.1%). As of May 2024, the company operates 1,045 stores globally and distributes products across various regions, with North America accounting for 41.6% of net sales.
Nomura Holdings Inc. recently acquired a $664,000 stake in Barclays PLC, purchasing 50,000 shares. Despite Barclays holding a Buy rating, top analysts recommend five other stocks as better investment options. Barclays reported strong earnings, exceeding expectations with $0.65 EPS and $10.32 billion in revenue.
Plug Power reported a negative return on equity of 46.99% and a net margin of -214.05%, with analysts predicting an EPS of -1.21 for the current year. CFO Paul B. Middleton increased his stake by purchasing 350,000 shares at $0.72 each, raising his total ownership to 1,908,064 shares. Deutsche Bank AG boosted its position in the company by 88.3%, while various hedge funds adjusted their holdings, with 43.48% of the stock now owned by institutional investors. The stock opened at $0.80, with a market cap of $862.57 million, and reported a quarterly revenue of $133.67 million, missing EPS estimates.
Deutsche Bank has reaffirmed its Buy rating for Rio Tinto plc, a leading global mining company. In 2024, the company is set to produce 287.7 Mt of iron ore, alongside significant outputs in aluminum, copper, industrial minerals, gold, and diamonds, with a majority of sales concentrated in China (57.4%).
The Federal Supreme Court will determine if the management bonuses of the collapsed Credit Suisse can be reduced, following a challenge by the Federal Department of Finance against a ruling deeming such cuts unlawful. The FDF had sought to cut variable remuneration for top management, totaling around CHF 60 million, citing extraordinary circumstances from the bank's merger with UBS. The Federal Administrative Court ruled that the bonuses are protected claims under employment contracts, requiring a clear legal basis for any reductions.
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Japan and Germany Face Economic Challenges Amid Rising Inflation and Trade Tensions
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Deutsche Bank Lowers Westlake Price Target While Maintaining Buy Rating
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