
UniCredit to Take ‘Timely' Steps on BPM After Court Decision
UniCredit welcomed the decision as 'unequivocal proof that the way in which Golden Power was illegitimate,' the bank said in a statement Sunday, referring the process that allows authorities to block or impose conditions on transactions involving strategic assets. 'UniCredit will now evaluate all relevant steps in a timely manner,' it added.

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Top UK Penny Stocks To Watch In July 2025
The UK market has recently experienced a downturn, with the FTSE 100 and FTSE 250 indices closing lower amid concerns over weak trade data from China and its impact on global economic recovery. In such fluctuating conditions, investors often look beyond the established giants to explore opportunities in lesser-known areas of the market. Penny stocks, typically involving smaller or newer companies, remain an intriguing investment avenue as they offer potential growth at lower price points while maintaining solid financial foundations. Name Share Price Market Cap Financial Health Rating FRP Advisory Group (AIM:FRP) £1.23 £305.1M ★★★★★☆ Warpaint London (AIM:W7L) £4.275 £345.37M ★★★★★★ Van Elle Holdings (AIM:VANL) £0.41 £44.36M ★★★★★★ System1 Group (AIM:SYS1) £4.05 £51.39M ★★★★★★ LSL Property Services (LSE:LSL) £3.06 £315.07M ★★★★★☆ Alumasc Group (AIM:ALU) £3.60 £129.47M ★★★★★★ Begbies Traynor Group (AIM:BEG) £1.245 £198.62M ★★★★★★ Croma Security Solutions Group (AIM:CSSG) £0.80 £11.01M ★★★★★★ Braemar (LSE:BMS) £2.14 £66.12M ★★★★★★ ME Group International (LSE:MEGP) £2.20 £830.64M ★★★★★★ Click here to see the full list of 295 stocks from our UK Penny Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Eleco plc is a software and services provider operating in the UK, Scandinavia, Germany, Europe, the US, and internationally with a market cap of £143.22 million. Operations: The company generates revenue of £32.39 million from its software segment. Market Cap: £143.22M Eleco plc, with a market cap of £143.22 million, has demonstrated resilience in the penny stock space by maintaining a debt-free balance sheet and achieving stable earnings growth. Despite a historical decline in profits over five years, recent performance shows improvement with earnings growing 25.6% last year, surpassing industry averages. The company reported sales of £32.39 million for 2024 and increased its net income to £3.33 million from £2.66 million the previous year, alongside proposing an increased dividend payout of 1 pence per share for the year—reflecting solid financial health and shareholder value enhancement. Get an in-depth perspective on Eleco's performance by reading our balance sheet health report here. Gain insights into Eleco's outlook and expected performance with our report on the company's earnings estimates. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Frontier Developments plc is a company that develops and publishes video games for the interactive entertainment sector, with a market cap of £139.58 million. Operations: The company generates revenue from its Computer Graphics segment, totaling £88.88 million. Market Cap: £139.58M Frontier Developments, with a market cap of £139.58 million, operates debt-free and has recently become profitable, though its earnings have declined by 47% annually over the past five years. The company is executing a share buyback program worth £10 million to enhance shareholder value and improve return on equity. Despite challenges in profit growth forecasts, Frontier's revenue performance remains strong with expected fiscal year 2025 revenue around £90 million. Additionally, the upcoming release of Jurassic World Evolution 3 could bolster future revenues as it expands its popular game franchise portfolio. Dive into the specifics of Frontier Developments here with our thorough balance sheet health report. Learn about Frontier Developments' future growth trajectory here. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Filtronic plc designs, develops, manufactures, and sells radio frequency (RF) technology globally, with a market cap of £360.26 million. Operations: The company generates revenue primarily from its Wireless Communications Equipment segment, which accounted for £42.55 million. Market Cap: £360.26M Filtronic plc, with a market cap of £360.26 million, has transitioned to profitability and operates without debt, showcasing financial stability. The company anticipates significant revenue growth for 2025, projecting approximately £56.3 million compared to FY2024's £25.4 million. Recent strategic wins include a substantial $32.5 million order from SpaceX and contracts with Airbus Defence and Viasat under the European Space Agency initiative, enhancing its position in the RF technology sector. Despite high share price volatility recently, Filtronic's robust partnerships and expanding product offerings underscore its potential within the competitive landscape of penny stocks in the UK market. Navigate through the intricacies of Filtronic with our comprehensive balance sheet health report here. Evaluate Filtronic's prospects by accessing our earnings growth report. Gain an insight into the universe of 295 UK Penny Stocks by clicking here. Interested In Other Possibilities? The latest GPUs need a type of rare earth metal called Neodymium and there are only 25 companies in the world exploring or producing it. Find the list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:ELCO AIM:FDEV and AIM:FTC. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 minutes ago
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Boston Scientific's (BSX) FARAPULSE Approved by FDA for Expanded Labeling
Boston Scientific Corporation (NYSE:BSX) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 7, Boston Scientific Corporation (NYSE:BSX) announced that it has obtained approval to expand the instructions for use (IFU) labeling for the FARAPULSE Pulsed Field Ablation (PFA) System from the US Food and Drug Administration (FDA). The new labeling will allow the system to be used in the treatment of drug-refractory, symptomatic persistent atrial fibrillation (AF), a condition where the heart beats abnormally for a minimum of seven days. A surgeon examining a patient's brain in an operating room, paramedics nearby. Boston Scientific Corporation (NYSE:BSX) expects to receive approval in Europe, Japan, and China in the coming months. This will make the system available to more patients around the world in the near future. Boston Scientific Corporation (NYSE:BSX) is an American biotechnology and biomedical engineering firm that offers a portfolio of devices and therapies that help physicians diagnose and treat cardiovascular, respiratory, digestive, oncological, neurological, and urological diseases and conditions. While we acknowledge the potential of BSX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
20 minutes ago
- Bloomberg
Wizz Air Suspends Abu Dhabi Operations to Keep Costs in Check
Wizz Air Holdings Plc said it will suspend operations in Abu Dhabi amid persistent engine issues that have grounded aircraft, as well as geopolitical challenges and regulatory barriers as the budget carrier tries to keep costs under control. The Hungary-based airline wants to exit from its joint venture in Abu Dhabi and will cut all local flight services from September 1, the company said on Monday in a statement. Instead, Wizz will focus on its core market in central and eastern Europe as well as the UK and Italy, it added.