|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.5170 - 0.5612|
|52 Week Range||0.5100 - 1.1100|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||4.09|
|Forward Dividend & Yield||0.15 (28.16%)|
|Ex-Dividend Date||Apr 16, 2019|
|1y Target Est||N/A|
Spain's government is fleshing out a 700-million-euro ($770 million) package to help private tenants through the coronavirus crisis and is likely to suspend evictions and rental payments for several months, a government source said on Monday. The state will suspend evictions of tenants for six months and rental payments for four months for low-income households hardest-hit by the pandemic, which has forced Spain into lockdown. Via Spain's public credit agency, the government also plans to provide about 100 million euros in soft credit access to people hit in the short term by the coronavirus crisis, hoping this will enable them to pay rent on time.
Moody's Investors Service, ("Moody's") has today upgraded Banco BPI S.A.'s (BPI) long-term issuer rating to Baa3 from Ba1, its long-term senior unsecured programme rating to (P)Baa3 from (P)Ba1 and its short-term programme rating to (P)Prime-3 from (P)Not Prime. Concurrently, the rating agency has also affirmed (1) the bank's junior senior programme rating at (P)Ba1; (2) its subordinated programme rating at (P)Ba1; (3) its junior subordinated programme rating at (P)Ba2; (4) its Counterparty Risk Ratings at Baa1/Prime-2; and (5) the bank´s Counterparty Risk Assessment (CR Assessment) at Baa2(cr)/Prime-2(cr). Today's rating action reflects the issuance by BPI of E450 million senior non-preferred debt that took place on 6 March 2020 and was fully acquired by its parent CaixaBank, S.A. (Caixabank; A3/Baa1 stable, baa3).
Rating Action: Moody's assigns definitive ratings to Gedesco Trade Receivables 2020-1 Designated Activity Company ABS Notes. Global Credit Research- 11 Mar 2020. Madrid, March 11, 2020-- Moody's Investors ...
Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more...
Moody's has not assigned a rating to the EUR [** ] Class Z Notes. The transaction is a revolving cash securitisation of different types of receivables (factoring, promissory notes and short-term loans) originated or acquired by Gedesco Finance S.L. ("Gedesco", NR) and Toro Finance S.L.U. (NR) to enterprises and self-employed individuals located in Spain.
European shares are up 0.3%, although U.S. futures still imply a weaker open and Asian shares gave up their efforts to rise and closed 0.3% lower. Analysts reckon that when Chinese markets reopen next week and catch up with all the overseas falls, China's central bank will be on hand to supply liquidity in dollops and also prevent the yuan weakening beyond 7 to the dollar. Similar picture with South Korea’s upbeat industrial output figures; they date to December.
MADRID/LONDON, Nov 29 (Reuters) - Swiss stock market operator SIX has started working with Spain's biggest banks as it begins its charm offensive to convince local regulators of the merits of its 2.84 billion euro ($3.13 billion) bid for Spanish bourse BME, three sources told Reuters. Santander, BBVA and Caixabank have been added to SIX's advisory line-up, the sources said, speaking on condition of anonymity.
The transaction is a static cash securitisation of loans and draw-downs under credit lines granted by CaixaBank, S.A. ("CaixaBank", Long Term Deposit Rating: A3 /Short Term Deposit Rating: P-2, Long Term Counterparty Risk Assessment: A3(cr) /Short Term Counterparty Risk Assessment: P-2(cr)) to mainly small and medium-sized enterprises (SMEs) and self-employed individuals located in Spain. The ratings of the Notes are primarily based on the analysis of the credit quality of the underlying portfolio, the structural integrity of the transaction, the roles of external counterparties and the protection provided by credit enhancement.
Moody's Investors Service ("Moody's") has today upgraded the rating of Class A Notes in Caixabank Consumo 4, Fondo De Titulizacion. The rating action reflects the increased levels of credit enhancement for the affected Notes and better than expected collateral performance. Moody's affirmed the rating of Class B Notes that had sufficient credit enhancement to maintain their current rating.
A rally in banking shares and other recently battered sectors such as oil and gas and automakers kept the mood buoyant in European stock markets on Tuesday, as investors speculated over policy measures by the European Central Bank later this week. The pan-European STOXX 600 index, after opening in the red, closed 0.1% higher as the banking index climbed for a fifth session, its best five-day rally since April 2017. Oil and gas, basic resources and automakers - among the worst-hit sectors this year on worries over the U.S.-China trade war, Brexit and a global slowdown - gained between 0.2% and 2%.
Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...
European shares fell on Thursday as mixed readings of business growth across major economies and uncertainty over the U.S. interest rate outlook made investors nervous, while a jump in the pound dented London stocks. The latest data showed business growth in the euro zone recovering marginally in August but factory activity shrinking in both Japan and the United States, raising questions about the health of the global economy. The pan-European STOXX 600 index ended 0.4% lower, with euro zone equities down 0.6%.
Large-cap companies pulled European stocks higher on Friday as a surge in Britain's Vodafone and strong earnings for media businesses and Nestle spurred recovery from a sell-off driven by the European Central Bank. Vodafone gained 10.6% to record it strongest performance since late 2002 on plans to separate its towers unit in Europe into a new company worth upwards of 18 billion euros ($20 billion) with a view to a potential stock market listing. The STOXX 600 telecoms index rose 2.3% as shares of Cellnex, currently Europe's biggest towers group, gained 3.3% and Telecom Italia rose 4.1% after Vodafone agreed to jointly roll out 5G in Italy and merge their mobile mast operations.
Moody's Investors Service has today taken rating actions on six Portuguese banking groups, prompted by the rating agency's change of the banking Macro Profile of Portugal (Baa3 stable) to "Moderate+" from "Moderate" in combination with the continued improvement in the banks' credit fundamentals, notably asset risk. - Upgrade of Caixa Geral de Depositos, S.A.'s (CGD) deposit ratings to Baa3/Prime-3 from Ba1/Not Prime and affirmation of the bank's senior unsecured debt ratings at Ba1. The outlook on the long-term deposit ratings remains stable, the outlook on the senior unsecured debt ratings has been changed to stable from negative.
The transaction is a static cash securitisation of credit rights (interest and principal, excluding the purchase option and indirect taxes such as VAT) derived from lease receivables granted by CaixaBank, S.A. ("CaixaBank", Long Term Deposit Rating: A3 /Short Term Deposit Rating: P-2, Long Term Counterparty Risk Assessment: A3(cr) /Short Term Counterparty Risk Assessment: P-2(cr)) to small and medium-sized enterprises (SMEs), self-employed individuals and corporates located in Spain. The ratings of the notes are primarily based on the analysis of the credit quality of the underlying portfolio, the structural integrity of the transaction, the roles of external counterparties and the protection provided by credit enhancement.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Banco BPI S.A. Madrid, June 14, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco BPI S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Rating Action: Moody's upgrades two and affirms two tranches in two Spanish ABS-SME deals. Global Credit Research- 28 May 2019. Madrid, May 28, 2019-- Moody's Investors Service has today upgraded the ratings ...