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IAG Disrupted, Porsche Down, Sabadell Saga
Published 5 months, 3 weeks ago
Description
On this episode of Stock Movers:
- IAG and other European airline shares may be active, after airports in Berlin, London and Brussels faced continued delays on Sunday as a cyberattack on a key airline check-in system forced staff to process passengers manually.
- Porsche is hitting the brakes on electric vehicles, correcting an expensive strategy that’s depressed the luxury-car maker’s margins and is dragging down parent Volkswagen AG.
- BBVA raised the value of its takeover bid for Banco Sabadell SA by about 10% as it looks to convince investors in the smaller rival to tender their shares.
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