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BBVA and other Spanish banks fall after Trump elected president

BUZZ-BBVA and other Spanish banks fall after Trump elected president ** Shares of Spanish bank BBVA BBVA.MC are down over 6% after Donald Trump was elected U.S. president, which could have impact in Mexico, its biggest market ** Nuria Alvarez, analyst at Madrid-based brokerage Renta 4, says the exposure of BBVA to Mexico is the main explanation for its slip on Wednesday, but adds the market is making a "negative and exaggerated interpretation" of U.S.
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Spain's Cox to raise up to $242 mln in IPO, valuing company at $1 bln

Spain's Cox to raise up to $242 mln in IPO, valuing company at $1 bln Nov 5 (Reuters) - Spanish energy and water utility Cox said on Tuesday it intended to raise as much as 222 million euros ($242 million) in an initial public offering (IPO) on the Madrid stock market that would value it at up to $1.02 billion. The company plans to price the newly issued shares within a range of 10.23 euros to 11.38 euros each, it said in a filing to the local stock market regulator.
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Santander, Michelin, Schaeffler, Auchan, Husqvarna, Mondi, Syensqo Nov 5 (Reuters) - Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of August: BANKS * DNB DNB.OL : The Norwegian lender said in September it would cut the equivalent of 500 full-time jobs over the next six months, as it pre
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FX stuck near lows with eyes on U.S. vote, rate meetings

CEE MARKETS-FX stuck near lows with eyes on U.S. vote, rate meetings By Anita Komuves BUDAPEST, Nov 5 (Reuters) - Hungary's forint slipped to near a more than 22-month low on Tuesday, leading losses in central Europe as markets limped into a close U.S. presidential election while preparing for interest rate meetings in Poland, the Czech Republic and Romania.
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Banco Santander-Chile reports results for the quarter ended in September 30 - Earnings Summary

Banco Santander-Chile reports results for the quarter ended in September 30 - Earnings Summary Banco Santander-Chile BSAC.N reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of five analysts for the quarter was for earnings of 67 cents per share.
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Spanish stocks - Factors to watch on Oct. 30

UPDATE 1-Spanish stocks - Factors to watch on Oct. 30 Adds Caixabank Oct 30 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednes day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: C AIXABANK CABK.MC Spanish bank Caixabank's Executive Chairman Jose Ignacio Goirigolzarri is set to announce his resignation on Wednesday, newspaper La Vanguardia reported, citing several unidentified sources.
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Spanish stocks - Factors to watch on Oct. 30

Spanish stocks - Factors to watch on Oct. 30 Oct 30 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednes day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: AENA AENA.MC Aena said on Wednesday its net profit in the first nine months of the year rose 27% from the same period last year to 1.44 billion euros ($1.56 billion).
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Clariant, M6, Ucb

EUROPE RESEARCH ROUNDUP-Clariant, M6, Ucb Oct 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Clariant, M6, and Ucb, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Deutsche Bank raises target price to EUR 275 from EUR 270 * Clariant AG CLN.S : JP Morgan cuts target price to CHF 14 from CHF 15 * M6 MMTP.PA : JP Morgan cuts target price to EUR 13.1 from EUR 13.7 * Nel ASA NEL.OL : Morgan Stanley cuts to underweight from equal wei
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British Business - Oct 30

PRESS DIGEST-British Business - Oct 30 Oct 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British chip producer IQE IQE.L announced that Chief Executive Americo Lemos has left the company with immediate effect and finance chief Jutta Meier will become interim chief executive.
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Santander CEO says more than 1,400 UK bank jobs being cut

Santander CEO says more than 1,400 UK bank jobs being cut MADRID, Oct 29 (Reuters) - Santander SAN.MC will have cut more than 1,400 jobs from its British business by the time it completes an ongoing cost-cutting round, the Spanish bank's CEO Hector Grisi said on Tuesday. Grisi did not give an exact timeline of when the previously announced round of lay-offs had been carried out, but said "1,425 was the number of people we are reducing".
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Banco Santander SA reports results for the quarter ended in September 30 - Earnings Summary

Banco Santander SA reports results for the quarter ended in September 30 - Earnings Summary Banco Santander SA SAN.MC reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of four analysts for the quarter was for earnings of 20 cents per share.
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Pimco, Anchorage seek EUR 1.13 bln in trial from Santander, PwC - Bloomberg News

MEDIA-Pimco, Anchorage seek EUR 1.13 bln in trial from Santander, PwC - Bloomberg News -- Source link: https://tinyurl.com/25cwlpj2 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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CEO OF SPAIN'S SANTANDER <SAN.MC>:TOO EARLY TO SAY HOW MANY JOBS WILL BE AFFECTED IN NEW ROUND OF LAYOFFS CUTS IN UK

BRIEF-Santander CEO: Job Cuts In UK Are Related To Automatisation, Simplification Of Financial Products Sale Oct 29 (Reuters) - Chief Executive Officer of Banco Santander SA SAN.MC , Hector Grisi: JOB CUTS IN UK ARE RELATED TO AUTOMATISATION, SIMPLIFICATION OF SALE OF FINANCIAL PRODUCTS TOO EARLY TO SAY HOW MANY JOBS WILL BE AFFECTED IN NEW ROUND O
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Poland's Santander Bank leaps on Q3 interest income beat

BUZZ-Poland's Santander Bank leaps on Q3 interest income beat ** Shares in Poland's Santander Bank SPL1.WA rise over 5% after the banks's Q3 results exceeded market expectations due to higher net interest income and lower costs of risks related to Swiss franc mortgage loans ** The Polish arm of Spanish lender Santander SAN.MC reported a Q3 net interest income of 3.58 billion zlotys ($888.49 million), beating analysts' expectations of 3.50 billion ** "A positive surprise on the net interest incom
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Santander Brasil's Q3 net profit jumps 34%

UPDATE 1-Santander Brasil's Q3 net profit jumps 34% Adds details throughout SAO PAULO, Oct 29 (Reuters) - Santander Brasil's SANB3.SA third-quarter net profit jumped 34.3% from a year earlier, the bank said on Tuesday, topping market forecasts on higher volumes and fees. WHY IT'S IMPORTANT Brazil is a key market for Spanish parent Banco Santander SAN.MC , which reported its own third-quarter results earlier in the day, booking a record net profit thanks to a solid performance at its main retail
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Santander Sees Group's NII Growing In Constant Euros At Around 2% Or 3% In 2025

BRIEF-Santander Sees Group's NII Growing In Constant Euros At Around 2% Or 3% In 2025 Oct 29 (Reuters) - Chief Financial Officer of Banco Santander SA SAN.MC , Jose Garcia Cantera: SEES NET INTEREST INCOME GROWING IN CONSTANT EUROS AT AROUND 2% OR 3% IN 2025 AT A GROUP LEVEL SEES NET INTEREST INCOME GROWING AT MID-TEENS BY END OF 2024 IN BRAZIL, SEES FURTHER GROWTH IN 2025 SEES NET INTEREST INCOME GROWING AT A HIGH-SINGLE DIGIT IN 2024 IN SPAIN SEES SLIGHT INCREASE NET INTEREST INCOME IN SPAIN I
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Santander Brasil's net profit rises 34% in Q3

Santander Brasil's net profit rises 34% in Q3 SAO PAULO, Oct 29 (Reuters) - Santander Brasil's SANB3.SA third-quarter net profit jumped 34.3% on a yearly basis to 3.66 billion reais ($640.8 million), the bank said on Tuesday, ahead of market forecasts. Analysts polled by LSEG had expected the bottom line to come in at 3.50 billion reais. ($1 = 5.71
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Santander CFO: Potential Provisions Related To Motor Finance Ruling In UK Will Be "Conservative"

BRIEF-Santander CFO: Potential Provisions Related To Motor Finance Ruling In UK Will Be "Conservative" Oct 29 (Reuters) - Chief Financial Officer of Banco Santander SA SAN.MC , Jose Garcia Cantera: SAYS POTENTIAL PROVISIONS RELATED TO MOTOR FINANCE RULING IN THE UK WILL FOLLOW A "CONSERVATIVE" APPROACH EXPECTS BASEL III REGULATION TO HAVE A TOTAL I
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Santander Sees NII Growing In 2025 Compared To 2024 In Constant Euros

BRIEF-Santander Sees NII Growing In 2025 Compared To 2024 In Constant Euros Oct 29 (Reuters) - Chief Financial Officer of Banco Santander SA SAN.MC , Jose Garcia Cantera: SEES NET INTEREST INCOME GROWING IN 2025 COMPARED TO 2024 IN CONSTANT EUROS BUT FALLING IN CURRENT EUROS Further company coverage: SAN.MC (Reporting By Madrid Newsroom)
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STOXX 600 falls on earnings drag, travel and leisure worst hit

UPDATE 2-STOXX 600 falls on earnings drag, travel and leisure worst hit For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window BP shares touch July 2022 lows HSBC rises after Q3 profit beat, share buyback plan Lufthansa slides on lower Q3 profit Adidas rises on 'generally positive' Q3 details, China strength STOXX 600 down 0.6% Updates with closing levels By Ankika Biswas and Pranav Kashyap Oct 29 (Reuters) - Europe's main stock index dropped o
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Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.

Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi

Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.

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