Invesfera Newsroom
Stellantis' 15% jump is a relief rally, not a turnaround
A one-day surge from the group's all-time lows says more about gloomy expectations than about a recovery. Wait for cash-flow proof, not a better-than-feared quarter.
earnings
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Invesfera Newsroom
Santander's €12.4bn is a Poland story; the €11.2bn is the real one
A 20% jump in profit looks like a bank firing on all cylinders, but a one-time gain from selling Poland inflates it. Ordinary profit tells the truer story.
