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N100:ACA, Jun 25, 06:35 UTC

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Sunday, June 23


News

As Applied Matls INC (AMAT) Market Value Rose, Credit Agricole S A Has Decreased Holding by $9.71 Million

ACA

It increased, as 44 investors sold AMAT shares while 263 reduced holdings. 702.46 million shares or 2.06% less from 717.25 million shares in 2018Q4 were reported. More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Investorplace.com which released: “A Great Business Alone Might Not Be Enough to Boost AMD Stock – Investorplace.com” on June 17, 2019, also Benzinga.com with their article: “As Oil Prices Jump, Energy Shares Help Fuel Market Rally – Benzinga” published on June 13, 2019, Nasdaq.com published: “Technology Sector Update for 05/17/2019: PINS, BIDU, AMAT, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” on May 17, 2019. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Outperform” rating given on Tuesday, January 29 by RBC Capital Markets. As per Friday, May 17, the company rating was maintained by UBS.

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Thursday, June 20


News

Credit Agricole S A Stake in Applied Matls INC (AMAT) Has Trimmed by $9.71 Million as Stock Value Rose

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702.46 million shares or 2.06% less from 717.25 million shares in 2018Q4 were reported. Goldman Sachs Gp stated it has 0.09% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Credit Agricole S A, which manages about $1.83 billion US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 408,601 shares to 433,601 shares, valued at $51.14 million in 2019Q1, according to the filing. More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: American Tower, Applied Materials, Exelon, Hubspot, Schlumberger, Shopify, Splunk, Zendesk and More – 24/7 Wall St.” on June 07, 2019, also Nasdaq.com with their article: “After-Hours Earnings Report for May 16, 2019 : NVDA, BIDU, AMAT, IQ, AINV, VNET, BOOT, REDU, AGYS, LTM, VJET – Nasdaq” published on May 16, 2019, Nasdaq.com published: “Applied Materials Announces Second Quarter 2019 Results – Nasdaq” on May 16, 2019.

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News

As Waste Mgmt INC Del (WM) Shares Rose, Shareholder Credit Agricole S A Boosted Its Stake

ACA WM

Smithfield stated it has 0.05% in Waste Management, Inc. (NYSE:WM). National Bank & Trust Of Nova Scotia holds 0.03% in Waste Management, Inc. (NYSE:WM) or 78,159 shares. 2,448 are owned by Pillar Pacific Cap Mgmt Ltd. 50 were accumulated by Kwmg Limited Liability Co. Wilbanks Smith Thomas Asset Management Ltd Liability reported 15,178 shares. 365 shares were sold by GROSS PATRICK W, worth $33,957 on Tuesday, January 15. Credit Agricole S A increased its stake in Waste Mgmt Inc Del (WM) by 86.45% based on its latest 2019Q1 regulatory filing with the SEC.

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Monday, June 17


News

As Applied Matls INC (AMAT) Shares Rose, Credit Agricole S A Trimmed by $9.71 Million Its Position

ACA

It is positive, as 44 investors sold AMAT shares while 263 reduced holdings. 702.46 million shares or 2.06% less from 717.25 million shares in 2018Q4 were reported. Calamos Wealth Mngmt Limited Liability Corp holds 0.41% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 71,952 shares. More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Nasdaq.com which released: “Product Expansion to Aid Applied Materials (AMAT) Q1 Earnings – Nasdaq” on February 13, 2019, also Nasdaq.com with their article: “Interesting AMAT Put And Call Options For February 2019 – Nasdaq” published on December 19, 2018, Nasdaq.com published: “Applied Materials (AMAT) Dips More Than Broader Markets: What You Should Know – Nasdaq” on March 27, 2019.

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Thursday, June 06


News

Credit Agricole sets €15bn tech budget through 2022

ACA

We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. See Wholesale Banking headlines ». For Finextra's free daily newsletter, breaking news and flashes and weekly job board. The bank is now forecasting €5 billion for 2022, compared to the €4.4 billion net profit achieved in 2018. And while CA is aiming to increase its bottom line by 3% over the next four years, it is also expecting a slowdown in return on tangible equity, from 12.7% in 2018 to 11% by 2022. In addition to the budget, CA also set out a number of tech-related goals it wishes to attain by 2022 including 90% of group entities to have a data-centric architecture in 2022 and €300m in increased IT efficiency;100% of IT staff trained in new technologies at the new IT University and 100% of emerging technologies tested for new services for business lines.

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Credit Agricole CEO says no pressure, no need to grow via M&A

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Credit Agricole CEO says no pressure, no need to grow via M&A. (Reuters) - Credit Agricole's Chief Executive Philippe Brassac said his bank will focus on organic growth in the coming three years as it has no pressure or need to expand through acquisitions. "Critical size is not an issue for Credit Agricole," Brassac told reporters on Thursday as part of a presentation of new financial targets for 2022. Credit Agricole does not need any "strategic operation," he also said, although he added the bank would be ready if an acquisition opportunity arose. Credit Agricole shares were down 0.5% in early session trading.

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French bank Credit Agricole forecasts slower profit growth

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By Inti Landauro and Matthieu ProtardReutersJune 6, 2019, 5:16 AM UTC. Major European banks such as Credit Agricole have struggled to drive profitability because low interest rates have constrained returns from retail banking, while corporate and investment banking is vulnerable to financial market volatility. While its French rivals BNP Paribas and Societe Generale have experienced wild swings from their corporate and investment banking units over the past few quarters, Credit Agricole has enjoyed more stable profits. The bank plans to grow by winning clients for its retail banks in Italy and France and attracting mid-sized companies with corporate banking services such as cash management. In a bid to deliver steady profit increases, Credit Agricole said it would free up capital to boost the size of its loan portfolio by lowering its common equity tier one ratio - a measure of the bank's solvency - to 11% in 2022 from 11.5% at the end of 2018. Credit Agricole's parent bank, Groupe Credit Agricole - which also owns French regional banks - will instead raise its ratio in 2022 to 16% from 15% in 2018.

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French bank Credit Agricole targets net profits of 5 bln euros in 2022

ACA

French bank Credit Agricole targets net profits of 5 bln euros in 2022. PARIS (Reuters) - French bank Credit Agricole unveiled a new set of higher profit targets for 2022 after it had met its 2019 targets a year ahead of schedule, and said it now expected annual net profits above 5 billion euros ($5.6 billion) in 2022. The profit target of 5 billion euros for 2022 compares to its net profit figure of 4.4 billion in 2018, with Credit Agricole hoping to win over clients for its retail banks in Italy and France and expects to attract mid-sized companies with corporate banking services such as cash management. Major European banks such as Credit Agricole have struggled to drive profitability because low interest rates have constrained returns from retail banking, while corporate and investment banking is vulnerable to financial market volatility. While its French rivals BNP Paribas and Societe Generale have experienced wild swings from their corporate and investment banking units over the past few quarters, Credit Agricole has had more stable levels of profits. As part of its efforts to boost profits and deliver steady profit increases, Credit Agricole expects to lower its common equity tier one ratio, a measure of the bank's solvency, to 11% down from 11.5% at the end of 2018. Credit Agricole's parent bank, Groupe Credit Agricole, will instead raise its ratio in 2022 to 16% up from 15% in 2018.

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French bank Credit Agricole sets target to raise net profit above 5 bln euros in 2022

ACA

Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. French bank Credit Agricole sets target to raise net profit above 5 bln euros in 2022. (Reuters) - French bank Credit Agricole unveiled a new set of profitability targets for 2022 after it met its 2019 targets a year ahead of schedule. The bank now expects to raise its annual net profit above 5 billion euros ($5.61 billion) in 2022, up from 4.4 billion in 2018, as it will seek more clients for its retail banks in Italy and France and expects to attract mid-sized companies with corporate banking services such as cash management.

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Wednesday, May 15


News

French bank Credit Agricole's first quarter net profits fall

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PARIS (Reuters) - French bank Credit Agricole's first quarter net profits fell, as two one-off events offset profitability increases at its French retail bank and its corporate and investment banking arm. The bank managed to boost profits at its retail units in France and Italy despite persistently low interest rates thanks to aggressive commercial policies, added Brassac. Credit Agricole's corporate and investment arm, which focuses on bond and currency markets, was also protected from equity market's turbulences over the period, Chief Financial Officer Jerome Grivet said. Credit Agricole's first quarter net profits declined 11% to 763 million euros (662 million pounds), down from 856 million euros in the same period a year ago, when it had booked a capital gain of 86 million euros on the acquisitions of three banks in Italy.

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