Spain Cabinet to Conduct Further Review of BBVA's Bid for Sabadell
Spain's Ministry of Economy, Commerce and Business said late Tuesday that the offer would be referred to the cabinet on general-interest grounds other than competition, citing the potential impact of the deal on the sector, territorial cohesion and social policy among other reasons.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
BBVA or DBSDY: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Bilbao (BBVA) or DBS Group Holdings Ltd (DBSDY). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Right now, both Banco Bilbao and DBS Group Holdings Ltd are sporting a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. But this is just one factor that value investors are interested in. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. BBVA currently has a forward P/E ratio of 9.17, while DBSDY has a forward P/E of 12.61. We also note that BBVA has a PEG ratio of 1.34. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. DBSDY currently has a PEG ratio of 8.03. Another notable valuation metric for BBVA is its P/B ratio of 1.44. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, DBSDY has a P/B of 2.06. These are just a few of the metrics contributing to BBVA's Value grade of A and DBSDY's Value grade of D. Both BBVA and DBSDY are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that BBVA is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Banco Bilbao Viscaya Argentaria S.A. (BBVA) : Free Stock Analysis Report DBS Group Holdings Ltd (DBSDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
2 days ago
- Yahoo
Atletico Madrid table €35 million offer for Renato Veiga
Atletico Madrid have submitted a €35 million offer to Chelsea for Renato Veiga, according to L'Equipe. They are eyeing a move for Veiga, who is expected to leave Stamford Bridge this summer in search of regular game time. Veiga has reportedly agreed to personal terms with Los Colchoneros as negotiations with Chelsea continue. The Blues are holding out for a €40m package. Bundesliga champions Bayern Munich have also been linked with a move, but Atletico are currently at the front of the queue. Veiga joined Chelsea from FC Basel last summer but spent the second half of the 2024-25 season on loan at Serie A giants Juventus, where he impressed. Having completed five signings already this summer, Chelsea are now focused on parting ways with players deemed surplus to requirements, one of which is Veiga. While centre-back remains his preferred position, the 21-year-old can also fill in at left-back, a position Atletico were looking to strengthen earlier this window with their pursuit of Theo Hernandez. It is unclear if Atletico will give in to Chelsea's demands, but both clubs have a fairly harmonious relationship, having conducted business for Joao Felix last summer. If Veiga secures his preferred move to the Wanda Metropolitano, He will have the opportunity to establish himself as a key player in one of Europe's leading sides.
New York Times
2 days ago
- New York Times
I Was Banished by My Country's Dictator. What Happened to Me Is a Warning.
I knew what exile felt like, but nothing had prepared me to experience it again in my 70s. I was 26 the first time I was forced to flee a dictator. It was in 1975, and I had to escape Nicaragua for resisting the regime of Anastasio Somoza Debayle, the last ruling member of a dynasty that had ruled the country for nearly half a century. Back then, I was a committed revolutionary, ready to die for my country in the fight against autocracy. The exile I find myself in now, forced to start life anew in Madrid, is one I never could have imagined — one imposed on me by the man who helped dethrone Mr. Somoza with the promise that Nicaragua would never again suffer under a dictator's thumb. In 2023, I, along with hundreds of other Nicaraguan intellectuals and dissidents, was stripped of my citizenship by President Daniel Ortega, who has now ruled Nicaragua for the last nearly two decades. Even those of us who have sought shelter abroad no longer feel safe. Roberto Samcam Ruiz, a retired army major and vocal critic of Mr. Ortega, was gunned down inside his home in San José, Costa Rica, on June 19. No arrests have been made in connection with his killing, but he was at least the sixth Nicaraguan dissident to be shot, kidnapped or killed in Costa Rica since 2018. It is the latest step in Mr. Ortega's transformation from a onetime freedom fighter, my former comrade in the struggle against tyranny, into a full-blown dictator. Autocrats have long wielded statelessness and control over movement as tools to punish political opponents. Now, it seems as if Nicaragua can be counted among the states that reach beyond their borders to silence voices perceived as threats by those in power. It has been painful for me to watch my country backslide into violence and repression. When I fled Nicaragua the first time, it was also to Costa Rica, to escape the Somozas' iron fists. I was only able to return four years later, after the Sandinistas, the left-wing movement of which Mr. Ortega and I were both members, overthrew the dictatorship in 1979. It was a moment of hope, and I was ready to apply myself to the dream of a free and democratic country. The guerrilla war that broke out with the contras, U.S.-backed right-wing militias looking to topple the Sandinistas, soon made clear that dream was a fantasy. The conflict, over which Mr. Ortega presided during his first administration, from 1985 to 1990, left Nicaraguans exhausted from death and scarcity — and from Mr. Ortega's increasingly authoritarian tendencies, which I witnessed firsthand as an official in his government. Want all of The Times? Subscribe.
