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Berenberg Bank Maintains ING Groep(ING.US) With Buy Rating, Announces Target Price $22.5
Berenberg Bank Sticks to Their Buy Rating for ING GROEP (0RIC)
Daily short sale tracking: Walgreens Boots Alliance's short volume increased by 6 million, with a short sale ratio of 18%
European Equities Traded in the US as American Depositary Receipts Higher in Tuesday Trading
Germany's economy shrank in the second quarter, dragged down by declining investment and consumer spending.
Impacted by the decline in investment and consumer spending, the German economy came under pressure in the second quarter, quashing hopes of breaking free from years of stagnation. Data released by the German statistics office on Tuesday showed a 0.1% quarter-on-quarter contraction in GDP, with a 2.2% decline in capital investment and a 0.2% drop in private consumption. Meanwhile, government spending increased by 1%. Despite a robust start to the year, Germany’s struggle to maintain growth momentum is evident. Recent indicators suggest a deterioration in business confidence, particularly in the crucial manufacturing sector. The Ifo business expectations index continued its third consecutive monthly decline in August, prompting a warning from its president Clemens Fuest about Germany's economic outlook.
Top Gap Ups and Downs on Friday: BABA, PDD, INTU and More