4.4100 +0.02 (0.46%)
Pre-Market: 9:06AM EDT
|Bid||4.4100 x 28000|
|Ask||4.3900 x 317000|
|Day's Range||4.3800 - 4.4300|
|52 Week Range||4.2100 - 5.6600|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||9.09|
|Earnings Date||Jan 25, 2017 - Feb 1, 2017|
|Forward Dividend & Yield||0.26 (6.07%)|
|1y Target Est||5.28|
Today we're going to take a look at the well-established Banco Santander, S.A. (BME:SAN). The company's stock received...
Safe-haven sovereign bonds surged and European stocks tumbled on Friday as investors feared President Donald Trump's shock threat of tariffs on Mexico risked tipping the United States into recession while disappointing China data added to the woes. The yield on Germany's 10-year government bond - regarded as one of the safest assets in the world - fell to a record low while U.S. yields slipped to near multi-year troughs. Markets also moved aggressively to price in deeper rate cuts by the Federal Reserve in 2019, parts of the curve inverted further, seen as a warning signal for recession in the world's largest economy.
European shares sank to a more than three-month low on Friday, with carmakers taking the hardest hit after President Donald Trump opened a new front in global trade tensions by threatening tariffs on Mexican imports. Trump's shock declaration on Thursday that all Mexican goods would face a 5% tariff from June 10 until illegal immigration is stopped had an immediate impact on financial markets globally, fanning fears of a global slide back into recession. Italy's FTMIB and Spain's IBEX, Britain's FTSE 100 and France's CAC 40 all slipped between 1% and 1.4%.
European shares sank to a more than three-month low on Friday, led by carmakers Volkswagen and Fiat Chrysler after President Donald Trump opened a new front in global trade tensions by promising tariffs on Mexican imports. Trump said all Mexican goods would face a 5% tariff from June 10 until illegal immigration is stopped, threatening to disrupt supply chains at a time when investors are again worrying about the threat of recession. All European sectors were in the red, as investors dumped stocks in favor of the safety of government bonds and Germany's DAX, which is particularly vulnerable to trade risks, dropped 1.3% to a two month low.
Fridman’s hostile bid for struggling Spanish grocer Distribuidora Internacional de Alimentacion SA won shareholder approval earlier this month. When DIA said in December it needed shareholders to stump up 600 million euros ($669 million) to cut debt, Fridman refused to bail out the discredited management team.
“Finally the Chairman of LetterOne has committed to work to eliminate the discrimination between bondholders and banks of DIA,” Santander Chairman Ana Botin said on Twitter. LetterOne had been pushing for weeks to clinch support from banks to green-light its restructuring plan for DIA, as the grocer is known.
Could Banco Santander, S.A. (BME:SAN) be an attractive dividend share to own for the long haul? Investors are often...
Several of the world's largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions, according to people familiar with the plans. The previously disclosed project, known as the "utility settlement coin," was first proposed by Swiss bank UBS Group AG and London-based technology startup Clearmatics in 2015. It aims to develop a system to make clearing and settlement in financial markets more efficient.
Santander is aiming to close 1,150 branches in Spain and cut just over 3,700 jobs, or around 11 percent of its workforce in the country as it integrates Banco Popular, unions said on Tuesday. Since the financial crisis in 2008, the number of branches in the Spanish banking sector has declined by more than 40 percent while the number of employees has shrunk by more than 30 percent.
Wells Fargo's CEO pay package has trailed peers in recent years in the aftermath of a wide-ranging sales practices scandal. Wells Fargo is also the smallest of the top four retail banks by assets. The board will likely pay the next CEO $15 million-$20 million a year, said Robin Ferracone, the chief executive of compensation consultancy Farient Advisors LLC. That compares with the $25 million that CEOs of top retail banks earned last year on average.
Asto, the Santander-owned "upstart" developing financial tools for freelancersand SMEs, is adding invoice financing to its bookkeeping app
European shares edged down on Tuesday after weak Chinese business surveys doused appetite for risk, while the single currency climbed after euro zone growth beat expectations. Bourses in Britain, France and Germany lost ground after the surveys on China manufacturing missed forecasts, offering another sign that Beijing's efforts to spur growth in the world's second-biggest economy have yet to bear fruit.
European shares fell on Tuesday weighed down by banks as investors parsed through a mixed bag of earnings, while sentiment remained fragile over growth worries after weak factory data from China clouded modest economic growth numbers from the Eurozone. Santander, the euro zone's biggest bank by market value, also slipped after first-quarter net profit dropped. The disappointing data from China, a big consumer of metals, weighed on basic resources stocks, which were the biggest percentage losers.
* Euro Zone GDP better than expected, unemployment falls (There will no European stock market report on May 1 as most regional markets will be closed on account of the Labour day holiday. The pan-European STOXX 600 index was flat at the close after oscillating between positive and negative territory throughout the day. Rising oil prices and positive euro zone economic growth and employment data helped calm investor sentiment bruised by some poor earnings from regional companies, and weak factory data from China that cast a shadow over global growth.
European equity markets nudged down on Tuesday as weak Chinese business surveys dampened appetite for risk, while investors braced for a spate of data on the region's economic health. Bourses in Britain, France and Germany followed Asian peers into the red after the surveys on China manufacturing missed forecasts - another sign that Beijing's efforts to spur growth n the world's second biggest economy had yet to bear fruit. Both official and private business surveys suggested slower Chinese factory growth this month, dashing hopes for a steady reading or even a faster expansion.
European shares closed marginally higher on Monday led by gains for Banco Santander, as investors chose to focus on the positives of a weekend win for Prime Minister Pedro Sanchez's ruling socialists in Spain's third election in four years. Sanchez's pro-European PSOE won Sunday's election, but was short of a parliamentary majority, meaning it will need the help of regional parties, or the center-right, to form a coalition government. Jitters around the result of the poll, added to weak euro zone economic sentiment data, had pushed markets lower in morning trade in Europe.
LONDON/JERUSALEM, April 26 (Reuters) - The armed wing of Hamas is using increasingly complex methods of raising funds via bitcoin, researchers say, highlighting the difficulties regulators face in tracking cryptocurrency financing of outfits designated by some as terrorist groups. The Gaza-based Izz el-Deen al-Qassam Brigades, which is proscribed by the United States and the European Union, has been calling on its supporters to donate using the digital currency in a fundraising campaign announced online in late January. Originally, it asked donors to send bitcoin to a single digital address, or wallet.
The CEO of Banco Santander, S.A. (BME:SAN) is José Álvarez Álvarez. This analysis aims first to contrast CEO compensation with other large companies. After that, we will consider the growth in the business. Third, w...