Swiss pharmaceutical giant Roche is making a substantial commitment to Germany’s biotech sector with a €600 million investment in a state-of-the-art research production facility. The new facility, which will be built in Penzberg, Bavaria, south of Munich, will primarily manufacture diagnostic components including enzymes, antibodies, and nucleotides. The impressive facility, which will be built on … Read more
The Dow ended the day 0.31 percent lower at 44,722.06 points, after climbing to 45,003 points shortly after the start of trading. Its year-to-date profit is currently 18.7 percent. The S&P 500 fell 0.38 percent to 5,998.74 points on Wednesday, almost completely giving up its biggest gains since the previous day. Its current annual increase … Read more
Three quarters of an hour before trading began, broker IG estimated that the Dow Jones Industrial was 0.3 percent lower at 43,604 points. This represents a weekly loss of almost one percent for the main US index. IG sees the technology-heavy Nasdaq 100 down 0.9 percent on Friday at 20,709 points. This would result in … Read more
Hypoport SE remains strong in a challenging market environment. The highest value of the Fintech sector for the past year was 225.50 Euro. This positive development confirms the strength of the business model, which relies on digital platforms for credit, real estate and insurance markets. Despite the challenging economic environment, Hypoport is benefiting from the … Read more
The situation is similar to the S&P 500 across the market, which just missed its record the previous day. It finally rose 0.47 percent to 5,842.47 points on Wednesday. The tech-heavy Nasdaq 100, which was particularly weak on Tuesday, rose just 0.07 percent to 20,174.05 points midweek. It was dampened by the mixed price development … Read more
EANS-Adhoc: S&R Biogas Energiesysteme AG Resolution – first supervisory board meeting after the new appointment of the supervisory board of S&R Biogas Energiesysteme AGEANS-Adhoc: S&R Biogas Energiesysteme AG Resolution – first supervisory board meeting after the new appointment of the supervisory board of S&R Biogas Energiesysteme AG ————————————————–Ad hoc announcement according to Section 15 WpHG … Read more
The largest US bank, JPMorgan Chase, made an impressive profit in the most recent quarter despite billions in provisions for bad loans. With a net profit of $12.9 billion, the financial institution significantly exceeded analysts’ expectations. This success is also reflected in the share price, which was quoted at EUR 202.88 on October 12th, representing … Read more
Under Kay Wolf, Deutsche Pfandbriefbank is aiming for a sustainable realignment by reducing the office share in the loan portfolio and concentrating on profitable segments. The Deutsche Pfandbriefbank (pbb) is reacting drastically to the past year of crisis under its new boss Kay Wolf. By 2027, the share of offices in the loan portfolio is … Read more
Snap stock posted losses in New York trading on Thursday afternoon, although it has been remarkably stable in recent trading days. The current price is $10.66, down 0.23% from the previous day. Despite this short-term weakness, the stock has seen a positive performance of 20.40% year-over-year and is currently 22.20% above its 52-week low. Financial … Read more
The Illinois Tool Works share is relatively stable in a challenging market environment. With a current price of EUR 234.85 (as of October 10, 2024), the paper has recorded a slight decline of 0.40% compared to the previous day. Despite the short-term fluctuations, the share price gained a remarkable 5.76% year-on-year, underlining the company’s robust … Read more