LONDON - Atos said on Tuesday it has alerted the French markets regulator after Berenberg withdrew its downgrade of the software company’s stock, which briefly wiped almost 450 million euros off its market capitalization.
Berenberg later retracted the note, saying in an email that it had contained an error in its valuation approach and instead analyst Georgios Kertsos placed the stock under review. Berenberg, a private German bank based in Hamburg, declined to comment further and France’s AMF declined to comment. Berenberg issued the retraction after being contacted by Atos’ financial and investor relations team about an error in the report, an Atos spokesman said. He would not disclose any further details.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LULU Stock | LULULEMON ATHLETICA Stock Price Today | Markets Insider
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market bulls, your ‘flight from safety’ rally is coming, says BarclaysWhen investors finally calm down, they’ll start backing out of bonds and moving into stocks. Welcome to the next leg of this rally, says our call of the day,... i wholeheartedly agree Bulls, bears, up, down...I invest either way...
Source: MarketWatch - 🏆 3. / 97 Read more »
Oil prices slip as market eyes U.S. stocksOil prices declined on Wednesday, reversing earlier gains, as further disruption...
Source: Reuters - 🏆 2. / 97 Read more »
Stocks open mostly unchanged as market participants eye falling yieldsU.S. stock indexes opened mostly unchanged on Wednesday, but concerns over falling bond yields continue to dampen overall market sentiment. At the opening...
Source: MarketWatch - 🏆 3. / 97 Read more »
For the stock market, April is the strongest monthApril has been the strongest month for stocks over the past 20 years.
Source: MarketWatch - 🏆 3. / 97 Read more »
'The spigot turned off': How the stock market fall clobbered corporate debtInvestors will be watching to see whether the steep decline was the remnants of 2018's late-year turmoil, or another sign that the economy is slowing.
Source: CNBC - 🏆 12. / 72 Read more »
China's stock market is up 27% this year, giving it new leverage in trade talksWhen the U.S. escalated the trade war with China last September, China's economy was struggling and its stock market was in a deep slide. I thought China was losing. 🤷♂️🤔 Does that mean China can get more out of a deal and not have to settle for just anything The stockholders are told what to do by Beijing. When they want it to go up, it goes up. No leverage here.
Source: CNBC - 🏆 12. / 72 Read more »