services
Famed investor Jim Cramer is not all that excited about United Parcel Service Inc (NYSE: UPS) opting to sell its Coyote Logistics business to RXO Inc (NYSE: RXO). Shares of both companies are still up significantly on Monday. Here’s why Cramer is dovish on UPS stockUPS bought Coyote Logistics for about $1.8 billion in 2015. But it’s unloading it to RXO now for $1.03 billion only, as per a press release this morning. The price of the deal announced today did not sit well with the Mad Money host who said on CNBC’s “Squawk on the Street” today: It’s good to see them have some cash in, but you don...
Invezz
American Express Company (NYSE: AXP) is in focus this morning after announcing two new acquisitions. Shares of the credit card company have gained more than 25% since their year-to-date low in mid-January. American Express to acquire TockAMEX is buying Tock – a Chicago-based provider of reservation, table, and event management technology for about $400 million. The financial technology company is taking over Tock from Squarespace that acquired it in 2021. Matthew Tucker – the head of Tock said in a press release today: We believe that as part of American Express, Tock will deliver enhanced val...
Invezz
Wizz Air (LON: WIZZ) share price crashed by more than 5% on Friday after analysts at Barclays downgraded the stock to sell. It retreated to a low of 2,220p, its lowest level since May 31st and is about 12% below the highest level this year. Barclays downgrade Wizz AirIn a note, analysts at Barclays lowered their target to sell citing the rising competition, falling airfares, and its revenue growth. It also pointed to the ongoing engine issues since the company uses many planes made by Pratt & Whitney. The downgrade came a month after the company published strong revenue and profitability metri...
Invezz
Accenture Plc (NYSE: ACN) has lost more than 25% over the past three months but a Deutsche Bank analyst warns against hoping for a swift recovery. ACN does, however, pay a dividend yield of 1.71% at writing. Accenture stock has downside to $295Bryan Keane downgraded the professional services company to “hold” in a recent research note. His $295 price objective suggests about a 3.0% downside from here. The analyst is dovish on Accenture stock as he expects it to continue to face significant obstacles in the near future. A notable shift in ACN’s market position sits right at the heart of his not...
Invezz
A near 30% hit to shares of CoStar Group Inc (NASDAQ: CSGP) spells opportunity to buy a quality name at a discount, says Nicholas Jones – a JMP Securities analyst. CoStar stock could climb to $110 He reiterated his “outperform” rating on the real estate data and analytics firm on Wednesday. Jones announced a price target of $110 for CoStar stock in a research note today that signals potential for a whopping 50% gain from here. The analyst is super bullish on CSGP because he recently had a meeting with the company’s investor relations team that made him more confident in its future prospects. W...
Invezz
CBRE Group (NYSE: CBRE) just announced plans of buying Direct Line Global from Guardian Capital Partners. Its shares have been in a downtrend over the past three months and are down another 1.0% on Wednesday morning. What we know about CBRE-Direct Line transactionThe commercial real estate services and investment firm did not disclose terms of its agreement with Direct Line Global including what it has agreed to pay for the acquisition. Direct Line currently employs more than 1,000 technicians for data centre services. Bill Nelligan – its chief executive said in a press release today: The Comp...
Invezz
By Marie-Morgane LE MOEL Lure (France) (AFP) - C'est une petite bourgade tranquille de 8.000 âmes, où l'insécurité est vécue de loin. Mais à Lure, en Haute-Saône, le sentiment de déclassement prospère, et avec lui le vote Rassemblement national, à l'heure d'élections législatives qui pourraient être serrées. Dans son bureau de bon matin, le maire PS de cette ville de l'est de la France, Eric Houlley, a l'air tendu d'un homme qui part à la bataille plus tôt que prévu. Le sexagénaire a remporté trois fois les élections municipales pour la gauche, mais les résultats des autres scrutins sont aux a...
AFP (Français)
Paris (AFP) - Le nombre de faillites d'agences immobilières explose et devrait dépasser son record datant de la crise de 2009, a prévenu mercredi la Fédération nationale de l'immobilier (Fnaim). Entre mai 2023 et avril 2024, 1.120 agences ont fait faillite, soit plus de deux fois plus (+114%) en un an, selon la Fnaim. "Cette tendance se poursuit", a observé son président, Loïc Cantin, et le nombre de défaillances devrait dépasser le record de 1.385 atteint en juillet 2009, en pleine crise. Les conséquences sur l'emploi touchent surtout les agents commerciaux, à leur compte et rémunérés à la tr...
AFP (Français)
The ZIM Integrated (NYSE: ZIM) and Star Bulk Carriers (NASDAQ: SBLK) stock prices have plunged hard this week, continuing a trend that started last week. SBLK shares crashed to a low of $24.5 on Tuesday, down by 7.6% from its highest point this year. Similarly, ZIM Integrated’s shares crashed to $17.65, down by over 25% from the highest level this year. Other shipping-related stocks like Maersk, Golden Ocean Group, and Costamere have also retreated sharply recently. Israel and Hamas ceasefireZIM and SBLK stock prices have tumbled hard because of the ongoing happenings in the Middle East where ...
Invezz
Affirm Holding Inc (NASDAQ: AFRM) is in the green this morning after teaming up with Apple Inc (NASDAQ: AAPL). Details of Affirm-Apple partnershipBuy now, pay later loans of $AFRM will be available to users of iPhones and iPads by the end of 2024. The partnership brings “ease, convenience, and security of Apple Pay” with “flexibility, transparency, and no hidden fee” of Affirm, said the financial technology company in an emailed statement today. Affirm Holdings does not, however, expect the announcement to have a “material impact on revenue or gross merchandise volume in fiscal year 2025, as p...
Invezz
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら