9.25 0.00 (0.00%)
After hours: 4:41PM EDT
|Bid||9.07 x 21500|
|Ask||9.27 x 27000|
|Day's range||9.21 - 9.44|
|52-week range||6.57 - 10.80|
|Beta (3Y monthly)||0.06|
|PE ratio (TTM)||14.45|
|Forward dividend & yield||0.05 (0.50%)|
|1y target est||9.85|
Brazil's Natura SA said on Wednesday it had reached an agreement to buy rival Avon Products Inc via a share swap, creating the world's fourth-largest beauty company with a redoubled focus on direct sales. Under the terms of the deal, Natura will hold 76% of the combined business with over $10 billion in annual revenue, according to a statement from the Brazilian cosmetics firm. After Natura pushed into high-end retail shops with the acquisitions of Aesop in 2013 and The Body Shop in 2017, the takeover of its biggest rival in direct sales is a renewed bet on the company's core business of door-to-door distribution.
Let's see if Itau Unibanco Holding S.A. (ITUB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Mitsubishi UFJ (MUFG) reports decline in earnings for the fiscal 2018 (Mar 31, 2019) on account of lower net interest income and net trading profits.
Itaú's new platform, called Iti, will work through an app connecting individuals and merchants and will be available to both clients and nonclients of the bank, it said on Monday. Merchants using Iti will pay a fee of 1% per transaction and will receive payments instantly - cheaper than fees currently charged by many card processors. The app also does not require merchants to buy or rent card reader machines.
Itau Unibanco's (ITUB) first-quarter 2019 earnings highlight higher revenues, partly muted by elevated expenses and provisions.
Deutsche Bank's (DB) Q1 earnings reflect benefits from cost-saving efforts, growth in loans and deposits and a recovery in assets under management.
For the first quarter, UBS Group (UBS) reports decline in fees and commissions and lower interest income, partially offset by fall in expenses.
Brandishing high-powered rifles, wearing bullet-proof vests and carrying several kilos of dynamite, the gang pulled up in front of the town's main police station. It then set upon an adjoining branch of Banco do Brasil, shattering its windows and doors with crowbars. In a coordinated 3 a.m. attack, police said, other gang members hit a Banco Santander Brasil branch two blocks away.
Mitsubishi's (MUFG) focus on delivering three-year business plan, which includes expansion of global presence is likely to help bolster financials.
To lower losses at its struggling operations in the United States and Europe, Nomura (NMR) intends to cut jobs and reduce branches across wholesale business.
Deutsche Bank (DB) decides to set up its ARC in India as it seeks to make profits by buying and reorganizing non-performing credit.
Tentative talks have begun between Deutsche Bank (DB) and Commerzbank as the companies explore strategic options aimed at supporting their financial performance.
The Bank of Nova Scotia's (BNS) first-quarter fiscal 2019 (ended Jan 31) earnings reflect elevated expenses, higher revenues and the bank's solid capital levels
UBS Group (UBS) seeks to move away from variable bonuses to a system that prioritizes transparency and eliminates cases of weak group performance.
Before the U.K. unit is dissolved, some of UBS Group's (UBS) operations in cash equities, rates and credit and exchange-traded derivatives will be transferred to its London branch
Bonus cuts could be an option for Deutsche Bank (DB) to achieve cost cutting targets if market conditions prevent revenue growth.
Banco Itau (ITUB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The Zacks Analyst Blog Highlights: UnitedHealth, Banco Bradesco, Itau, Banco Santander and Rio
Mitsubishi UFJ (MUFG) reports decent earnings for the first nine months of fiscal 2018 (Dec 31, 2018), driven by higher net interest income and net trading profits.