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Govt Could Roll Out Stimulus Package Once Unlock Phase Begins: Brokerage Firm Bernstein

Govt Could Roll Out Stimulus Package Once Unlock Phase Begins: Brokerage Firm Bernstein
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BP to resume share buybacks as profit soars on strong oil and gas trading

BP to resume share buybacks as profit soars on strong oil and gas trading
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Le classique en mode pop

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BMW says every other vehicle it sells to be fully electric by 2030

By Nick Carey and Riham Alkousaa
(Reuters) - BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving.
In the short term, the German carmaker forecast on Wednesday a big year-on-year rise in pretax profit for this year, with a strong performance in all areas - from MINIS through its upmarket BMW brand to top-of-the-range Rolls-Royces.
Its shares were up around 3.8% in morning trading.
Bernstein analyst Arndt Ellinghorst said BMW had entered 2021 very confidently.
In terms of electromobility, BMW is making good progress and is taking significantly fewer risks than VW, he said. ....

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BMW : Bernstein maintains a Buy rating

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Arndt Ellinghorst from Bernstein retains his positive opinion on the stock with a Buy rating. The target price is unchanged and still at EUR 90.
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