UNCRY News and Press, Unicredito SpA ADR 2017 From 01/21/20

Intesa Sanpaolo ( ISNPY ) offers a very high dividend yield that is sustainable over the long term, even though the bank wants to reduce its payout ratio in the near future to a more sustainable level. This may lead to some dividend cuts, but current expectations seem to be too bearish and...

UniCredit ( UNCRY ) is an interesting value play in the European banking sector, as the bank is still trading at a discount to peers and its fundamentals are catching up to other large European banks, something that isn’t currently reflected in its share price. Background UniCre...

As I’ve analyzed before , Commerzbank ( CRZBY ) is one of the cheapest banks in Europe, but this doesn’t mean Commerzbank is a bargain, given that its low valuation is justified by the bank’s structural issues. Since the global financial crisis, Commerzbank has been c...

Introduction In last week's edition of Focus on Europe , we zoomed in on Brussels-listed Bekaert ( BEKAY ) ( BEKSF ) which has to deal with an increasing net debt and deteriorating margins. Despite the headwinds, Bekaert's dividend was only cut marginally and pretty much the entire free...

Introduction Belgium's Bekaert ( BEKSF ) ( BEKAY ) used to be one of the European market's favorite investments to gain exposure to emerging markets due to its worldwide presence in steel wire production. Right after the Global Financial Crisis, its share price increased by 600% within 1...

Introduction After checking in on Fresnillo ( FNLPF ) , a London-listed silver and gold producer, we are staying on the British island for this week’s edition of Focus on Europe. And, although we remain in the commodity sector, this week’s focus will be on another segment as...

Italian bank UniCredit ( OTCPK:UNCFF ) resolves investigations by U.S. federal and state governments into apparent violations of a number of U.S. sanction programs. More news on: UniCredit S.p.A., UniCredito Spa ADR, UniCredit S.p.A., Financial stocks news, Read more ...

Introduction After explaining Balta's semi death spiral in last week's Focus on Europe; in this week's edition, a silver producer that's actually able to generate a profit and positive cash flows gets a well-deserved moment in the spotlight. Fresnillo ( FNLPF ) is a London-listed preci...

During the fourth quarter of 2018, Italy ( EWI ) and the ECB have clashed repeatedly over the Italian government's intention to maintain a budget deficit of ~2.4%, above the ECB's 2% officially allowed ceiling. Eventually, the two sides have come to an agreement with Italy allegedly complyin...

Europe: The Week Ahead (Feb 25-Mar 1) Italy’s massive amount of sovereign debt has helped keep the country’s credit rating on the cusp of junk status, while political uncertainties and a fragile financial sector have served as strong headwinds. The nation’s domest...