Latest News of CGEN
Chinese stocks could rally 15% as more stimulus spurs a GDP growth spurt next year, SocGen says
Société Générale predicts a potential 5% growth in China's GDP next year due to expected stimulus measures. Recent monetary actions have already led to increased investor optimism, with a forecast...
A key US consumer indicator has dipped to 'crisis levels,' SocGen says
The US personal savings rate has dropped below 3%, signaling strong consumer spending. However, this could lead to a rise in savings and a potential economic slowdown, reminiscent of pre-2008 financia...
Compugen Ltd. (NASDAQ:CGEN): When Will It Breakeven?
Compugen Ltd. is a clinical-stage therapeutic discovery and development company nearing breakeven. Analysts predict the company may become profitable by 2025, with a 50% year-on-year growth rate. Desp...
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Investors are unwinding the biggest 'carry trade' the world has ever seen, SocGen strategist says
By CNBC | 3 months agoMarket participants rapidly unwound popular carry trades on Monday amid a global risk asset sell-off. Investors borrowing in low-interest currencies like the yen to invest in higher-yielding assets fa...
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SocGen, BofA Say Time to Buy Norway's Krone as Rout Overdone
By Yahoo! Finance | 3 months agoCurrency strategists and investors are eyeing Norway's krone as it weakens, anticipating a rebound due to its interest-rate advantage and undervaluation. Despite recent losses, experts forecast a pote...
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The past three years for Compugen (NASDAQ:CGEN) investors has not been profitable
By Yahoo! Finance | 4 months agoCompugen Ltd. (NASDAQ: CGEN) has seen a significant decrease in share price over the last three years, down 78%. Despite strong revenue growth of 81% annually, lack of profitability raises concerns. B...
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SocGen's weak prospects in French retail hits shares
By Reuters | 6 months agoBy Mathieu RosemainPARIS (Reuters) -Societe Generale shares fell more than 5% on Friday after the bank's CFO flagged that net interest income in 2024 from the group's French retail business would be a...
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SocGen Q1 profit slumps less than expected as investment bank surprises
By Reuters | 6 months agoBy Mathieu RosemainPARIS (Reuters) -French bank Societe Generale's net income fell less than expected in the first quarter, as profits on equity derivative sales offset weaknesses at its retail bank a...
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SocGen's investment bank limits Q1 profit plunge
By Reuters | 6 months agoBy Mathieu RosemainPARIS (Reuters) - French bank Societe Generale reported a better-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more...
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SocGen, AllianceBernstein launch their cash equities JV
By Reuters | 7 months agoPARIS (Reuters) - Societe Generale, France's third-biggest listed bank, and U.S. asset manager AllianceBernstein officially launched their joint venture in the cash equities and equity research bu...