We are hosting our 28th ODDO BHF Forum in Lyon on 9 and 10 January 2025. In total, 211 companies will be presenting over the two days. In the following note, we provide some initial feedback from the companies on day 1. Out of the 104 feedbacks collected during the first day, 40 were clearly positive, 59 rather Neutral, and only 6 negative. Among the positive names, we would particularly highlight Accor, URW, Euronext, Bureau Veritas, Renke, ID Logistics, Roche Bobois, Ionos, Companie des Alpes...
NEWS SUMMARY: IBERDROLA, SACYR, UNICAJA. Slight losses with the market still affected by rising yields and awaiting employment data European stock markets, which opened with slight gains, ended up doing a 180 after Wall Street opened, awaiting tomorrow’s US employment data and with all eyes on debt yields. The first few days of the year continue to be shaky: the debate continues on at what point, with demanding stock market levels, high interest rates but a still-favourable macro backdrop, ther...
COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: IBERDROLA, SACYR, UNICAJA. EUROPA: SANOFI. Ligeros retrocesos en bolsa por la subida de la TIR Las bolsas europeas, que abrieron con ligeras subidas, se acabaron dando la vuelta tras la apertura de Wall Street a la espera de la publicación de los datos de empleo americanos mañana y con la mirada puesta en la rentabilidad de la deuda. Se mantiene la indefinición en estos primeros compases del año y prosigue el debate sobre los niveles de valoración ...
A director at Iberdrola S.A. bought 2,000 shares at 13.100EUR and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...
NEWS SUMMARY: CHANGES IBEX, IBERDROLA. The ECB follows the script The most-awaited event of the week did not bring any surprises, and the ECB cut rates by -25bps to 3.05% (despite the discussion about the possibility of cutting 50bps). C. Lagarde was in favour of further rate cuts to neutral levels (near 2.05%), not making any reference in her communiqué on maintaining a restrictive monetary policy, cutting 2024/25 growth forecasts to 0.7% and 1.1%, respectively and inflation to 2.4% and 2.1%....
COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: CAMBIOS IBEX, IBERDROLA. EUROPA: MUNICH RE, SIEMENS. El BCE cumple el guión El acontecimiento más esperado de la semana no deparó sorpresas y el BCE rebajó los tipos -25 p.b. hasta el 3,0% (a pesar de que se discutió la posibilidad de recortar -50 puntos básicos). C. Lagarde se mostró a favor de seguir bajándolos hasta llevarlos más cerca de la neutralidad (se estima cerca del 2,0%) sin hacer referencia el comunicado a mantener una política monetar...
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