Spain's BBVA said on Thursday its hostile takeover bid for smaller rival Sabadell failed as it could not secure at least 30% of its shares in a public tender offer earlier this month. ...

Banco Bilbao (BBVA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, Oct. 16th:TIM (TIMB) : This single company in Brazil, which offer mobile cellular service throughout the Brazilian territory, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.4%, compared with the industry average of 2.6%.Banco Bilbao Viscaya Argentaria (BBVA) : This company, whic ...

Spain’s market regulator (CNMV) has revealed that a mere 2.8% of Sabadell shareholders with shares deposited at the bank have accepted the takeover offer from banking giant BBVA. Approximately 31% of Sabadell's share capital is held by clients who are also shareholders. It implies that an overwhelming 97.2% have declined the bid, reported Catalan News. In total, the shares tendered in favour of the takeover amount to only 1.1% of Sabadell’s total share capital. The fate of the remaining shareholders is ...

Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria's (BBVA) takeover bid, revealing another level of uncertainty over one of Spain's highly publicised banking operations. More than 97% of the bank's client shareholders rejected the offer from BBVA, according to figures published Tuesday by the Catalan bank. ...

Photo by Leon Neal - WPA Pool / Getty ImagesGetty ImagesBellway shares rose after the housebuilder announced forecast-matching trading numbers, and launched a £150 million share buyback programme.At £25.90 per share, the Bellway share price was last 4.5% higher in Tuesday business.Revenues at the FTSE 250 firm rose 16.9% on the 12 months to July, to £2.8 billion. Completions increased 14.3% to 8,749 units, while average asking prices rose to £316,412 from £307,909 previously.However, Bellway’s weekly privat ...

Spain's Sabadell said on Tuesday that 2.8% of its shareholders representing 30.8% of the bank's capital have accepted BBVA's 16.48 billion euro ($19.07 billion) hostile takeover bid. ...

Sabadell's second-largest investor, Zurich Insurance, said on Tuesday it would not back a hostile bid for the Spanish bank from bigger rival BBVA , as the two sides stepped up a war of words over whet... ...

Key Takeaways Markets hit record highs despite a government shutdown and lingering inflation concerns.High-ROE stocks such as Arista, TE Connectivity, and Corning offer strong earnings momentum.AppLovin and Banco Bilbao join the list for robust cash flow, solid growth, and efficient returns.Shrugging off concerns regarding a government shutdown, the broader equity markets have been hitting all-time highs on the trot or thereabouts over the past few days. The government shutdown, which has led to an economic ...

BBVA has 8 billion euros ($9.4 billion) in capital for a mandatory cash offer for Sabadell should it fail to convince enough of its smaller rival's shareholders to accept its hostile offer, Chief Executive Officer Onur Genc said. ...