Core Viewpoint - Banco Bilbao (BBVA) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - For Banco Bilbao, the Zacks Consensus Estimate has increased by 9.1% over the past three months, reflecting a positive trend in earnings estimates [8]. Investment Implications - The upgrade to Zacks Rank 1 suggests that Banco Bilbao is positioned in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. - The expected earnings for Banco Bilbao are projected at $2.03 per share for the fiscal year ending December 2025, with no year-over-year change anticipated [8].

Core Insights - Three stocks are highlighted with a buy rank and strong income characteristics for investors to consider on October 16th Group 1: TIM (TIMB) - The company offers mobile cellular service throughout Brazil and has seen a 3.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - It holds a Zacks Rank 1 (Strong Buy) and has a dividend yield of 4.4%, which is higher than the industry average of 2.6% [1] Group 2: Banco Bilbao Viscaya Argentaria (BBVA) - Engaged in a variety of banking and financial activities in Spain, BBVA has experienced a 1.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The company also holds a Zacks Rank 1 (Strong Buy) with a dividend yield of 4.1%, surpassing the industry average of 3.1% [2] Group 3: California Resources (CRC) - This oil and natural gas exploration and production company, primarily operating in California, has seen a 5.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - CRC has a Zacks Rank 1 (Strong Buy) and offers a dividend yield of 3.2%, compared to an industry average of 0.0% [3]

Core Insights - BBVA's takeover bid for Banco Sabadell has received only 2.8% acceptance from shareholders, indicating a strong rejection of the offer [1][5] - A significant portion of Sabadell's share capital, approximately 31%, is held by clients who are also shareholders, suggesting a potential conflict of interest in the acceptance of the bid [1][3] - The outcome of the takeover bid will be determined by the acceptance rate, with specific thresholds impacting BBVA's next steps [2][3] Shareholder Response - Only 1.1% of Sabadell's total share capital has been tendered in favor of the takeover, highlighting the lack of support for BBVA's offer [1] - An announcement regarding the fate of the remaining shareholders is expected on 17 October 2025, which will clarify the acceptance rate [2] Potential Outcomes - If over half of the shareholders accept the offer, BBVA will gain control of Sabadell; however, if acceptance is below 30%, the offer will be voided [2] - Should the acceptance rate fall between 30% and 50%, BBVA may pursue a second, hostile takeover bid, which would require a cash offer and CNMV's approval [3] Financial Considerations - BBVA has allocated €8 billion ($9.4 billion) to fund a mandatory cash bid for Sabadell if the current offer is rejected [4] - The acquisition offer was initially made in April of the previous year and was increased by 10% last month, valuing Sabadell's shares at €3.39 each [4]

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... ...

Market Overview - The broader equity markets are reaching all-time highs despite concerns over a government shutdown and inflation issues, with investors expecting the shutdown to have minimal impact on the U.S. economy [1] - Investors are adopting a "wait-and-see" approach, anticipating another rate cut by the Federal Reserve this month [2] Investment Opportunities - High-ROE stocks such as Arista Networks Inc. (ANET), TE Connectivity plc (TEL), Corning Incorporated (GLW), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), and AppLovin Corporation (APP) are highlighted for their strong earnings momentum and cash flow [2][7] - The focus on cash-rich stocks with high return on equity (ROE) is emphasized as a solid investment strategy [2] Key Metrics - ROE is defined as Net Income divided by Shareholders' Equity, serving as a crucial metric for distinguishing profit-generating companies from less efficient ones [3] - A higher ROE indicates effective management in generating returns without new equity capital, thus rewarding shareholders [4] Screening Parameters - Stocks are screened based on criteria including Cash Flow greater than $1 billion, ROE greater than the industry average, Price/Cash Flow lower than the industry average, and Return on Assets (ROA) greater than the industry average [5][6] - A Zacks Rank of 1 (Strong Buy) or 2 (Buy) is also a criterion for stock selection, indicating potential outperformance [7] Company Profiles - **Arista Networks Inc. (ANET)**: Focuses on cloud networking solutions with a long-term earnings growth expectation of 18.7% and a trailing four-quarter earnings surprise of 12.8% [9] - **TE Connectivity plc (TEL)**: A global technology company with a long-term earnings growth expectation of 9.8% and operations in over 130 countries [11] - **Corning Incorporated (GLW)**: Known for its glass technologies, with a long-term earnings growth expectation of 18.2% [12] - **Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)**: Provides a range of banking services with a long-term earnings growth expectation of 10% [13] - **AppLovin Corporation (APP)**: Offers a software platform for advertisers with a long-term earnings growth expectation of 20% and a trailing four-quarter earnings surprise of 22.4% [14]

Core Viewpoint - BBVA has allocated 8 billion euros ($9.4 billion) for a mandatory cash offer for Sabadell if it cannot persuade enough of Sabadell's shareholders to accept its hostile bid [1] Group 1 - BBVA's Chief Executive Officer Onur Genc stated the capital amount designated for the offer [1]

BBVA chairman Carlos Torres tells @KritiGuptaNews the firm has "the legal possibility" to lower the minimum acceptance threshold to declare its takeover of Sabadell as successful https://t.co/m7TdCdCr8Y https://t.co/BULpvoUDYN ...