|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||25.84 - 26.15|
|52-week range||20.37 - 38.48|
|Beta (5Y monthly)||1.89|
|PE ratio (TTM)||7.11|
|Forward dividend & yield||3.53 (13.50%)|
|Ex-dividend date||19 May 2022|
|1y target est||41.55|
French bank BNP Paribas reported better than expected profit in the second quarter after bad loan provisions dipped and business remained buoyant in both investment and retail banking, amid torrid global markets and an economic slowdown. BNP shares jumped over 4% in morning trading, outperforming the European banking sector which was rising at only about half that pace.
MILAN (Reuters) -Shares in Saipem on Friday tumbled below the issue price for new stock in a hyper-dilutive cash call that fell short of the 2 billion euro ($2.01 billion) target the Italian energy services firm sought from investors to shore up its finances. By 1000 GMT Milan-listed shares were down 26.5% at 0.86 euros, while Saipem sold its new shares at 1.013 euros each. The company said on Friday that underwriting banks had completed the purchase of new shares, worth almost 600 million euros, left unsold after it raised just 70.4% of the targeted amount in the capital increase.
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