|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.62 - 6.70|
|52 Week Range||4.09 - 9.05|
|Beta (5Y Monthly)||1.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.28 (4.99%)|
|Ex-Dividend Date||Apr 21, 2022|
|1y Target Est||7.72|
Russian President Vladimir Putin on Tuesday gave approval for Russian carmaker Avtovaz to buy RN Bank, a joint venture between Italian lender UniCredit and the Renault-Nissan-Mitsubishi Alliance, a rare sale of a foreign-owned strategic asset. Tuesday's order cited an Aug. 5 decree, signed by Putin, which banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year. In accordance with the Aug. 5 decree, Tuesday's order "authorised deals by Avtovaz to acquire 100% of shares in RN Bank, owned by Barn B.V.," the joint venture.
Italy's second-largest lender UniCredit will give its staff in Germany a bonus of 2,500 euros ($2,594) to compensate for rising inflation, a copy of an internal memo seen by Reuters and confirmed by a spokesperson showed. "You ... experience it at the supermarket checkout or the petrol station: inflation is making our lives more expensive," the memo said, adding the bonus's goal was to "make a contribution" without aiming to cover additional costs. Under a third package of inflation relief measures costing in aggregate more than 65 billion euros, Germany announced in September that employers can pay out tax-free bonuses to staff of up to 3,000 euros each until the end of 2024.
Does UniCredit S.p.A. Unsponsored ADR (UNCRY) have what it takes to be a top stock pick for momentum investors? Let's find out.