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Top related persons:
Wang Xing - 1 Meituan - 1 Styles - 1 Grand - 1 Goldman Sachs - 1 Morgan Stanley - 1 Wang - 1 Neil Shen - 1
Top related locs:
Hong Kong China U.S Asia Macau Taiwan — Mainland China
Top related orgs:
HSBC - 1 Hong - 1 Bank of America Securities - 1 Mercure - 1 Grand Mercure - 1 Novotel - 1 Travelers - 1 BTG Hotels - 1

Search resuls for: "BTG's"


3 mentions found


☆ China's consumers are spending on experiences. Travel stocks to watch
  + stars: | 2024-06-09 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +4 min
In a report last week about China's consumer market potential, Bank of America Securities analysts chose hotel operator H World as one of its top picks. "We believe H World is best positioned to capture long-term growth in the China hotel industry given best-in-class execution," the analysts said. BofA rates H World a buy, and expects its U.S.-listed shares can reach $47. That's 30% above where H World shares closed Thursday. In China, H World also owns master franchisee rights for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel.
Persons: Wang Xing, Meituan, Styles, Grand, Goldman Sachs, Morgan Stanley, Wang, Neil Shen, Shen, BTG's, BTG, Trip.com, — CNBC's Michael Bloom Organizations: HSBC, Hong, Bank of America Securities, Mercure, Grand Mercure, Novotel, Travelers, BTG Hotels, Shanghai, Jefferies Locations: Hong Kong, China, U.S, Asia, Macau, Taiwan, —, Mainland China
☆ Russia lost at least 15 tanks in a matter of days in just one Ukrainian village, analysts say
  + stars: | 2023-10-13 | by ( Sinéad Baker | ) www.businessinsider.com   time to read: +4 min
It lost at least 15 tanks in about two days, one analyst said, with other reports of losses. AdvertisementAdvertisementRussia lost at least 15 tanks and 33 armored vehicles in about two days as it launched a major assault on a strategic village, analysts said. Other groups monitoring Russia's invasion of Ukraine gave similar assessments of Russia's recent losses there. And Ukrainian military analysts estimated that Russia lost at least 36 vehicles in Avdiivka over just two days, The Telegraph reported. AdvertisementAdvertisementFootage shared by the Shadow of Ukraine Telegram channel shows Russian vehicles being hit.
Persons: —, Osinttechnical, ISW, Vitaliy Barabash, Volodymyr Zelenskyy Organizations: Service, Center for Naval, Avdiivka, for, Telegraph, Ukraine Telegram, Russia, Mechanized Brigade, Amphibious Assault Brigade, General Staff of, Armed Forces Locations: Russia, Avdiivka, Ukraine, Washington, Ukrainian, Russian
☆ BTG Pactual joins Brazilian lenders hit by post-Americanas provisions
  + stars: | 2023-02-13 | by ( Gabriel Araujo | ) www.reuters.com   time to read: +3 min
SAO PAULO, Feb 13 (Reuters) - Banco BTG Pactual SA (BPAC3.SA) on Monday became the latest Brazilian lender to be affected by bad credit provisions due to what it called a "specific, widely publicized event," likely referring to the bankruptcy of Americanas SA (AMER3.SA). BTG reported a quarterly net profit of 1.64 billion reais ($314.5 million), slightly down from 1.74 billion a year earlier and below the market consensus of 2.27 billion, according to analysts polled by Refinitiv. BTG's "good cost discipline" in the quarter helped reduce the impact of the provisions, JPMorgan said. "Despite all the challenges, we expect higher returns in 2023, with greater operating leverage and possibly even higher capital and liquidity levels," BTG Chief Executive Officer Roberto Sallouti said. ($1 = 5.2151 reais)Reporting by Gabriel Araujo; Editing by David Holmes, Kirsten Donovan and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
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