2 software stocks that could weather a recession hailstorm
- With the possibility of a recession on the cards, investors should look to determine which firms have a reasonable chance.
- 06/08/2022
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Oracle quietly closes $28B deal to buy electronic health records company Cerner
- At the end of last year, just before Christmas, Oracle made a big move when it announced it was acquiring electronic health records company Cerner for $28 billion, thrusting it quickly into the top enterprise deal for 2021, just under the wire. Today, the company announced it has closed the deal, effective tomorrow.
- 06/07/2022
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Oracle Completes Acquisition of Cerner
- AUSTIN, Texas , June 7, 2022 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) announced that a majority of the outstanding shares (the "Shares") of Cerner Corporation (Nasdaq: CERN) were validly tendered, and the other conditions to the tender offer have been satisfied or waived. The deal will close on June 8, 2022.
- 06/07/2022
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Billionaire Paul Tudor Jones Is Betting Big on These 3 Stocks
- Paul Tudor Jones II first gained notoriety by shorting the Black Monday Crash of 1987. Now, he's betting big on CERN, PLAN, and SPY puts.
- 06/03/2022
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Why Is Cerner (CERN) Up 0.3% Since Last Earnings Report?
- Cerner (CERN) reported earnings 30 days ago. What's next for the stock?
- 06/02/2022
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Oracle gains EU green light for $28.3 billion Cerner deal
- U.S. business software maker Oracle Corp has secured unconditional EU antitrust clearance for its $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, the EU competition enforcer said on Thursday.
- 06/02/2022
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Oracle's $28.3B Cerner deal near after regulatory hurdles cleared
- Oracle expects to complete its $95 per share tender offer for Cerner on June 6 paving the way for the company's largest acquisition ever.
- 06/02/2022
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Here's Why Investors Should Retain Cerner (CERN) Stock Now
- Cerner (CERN) continues to gain traction from its robust strategic deals. However, stiff competition remains a woe.
- 06/01/2022
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Exclusive-EU set to clear without conditions $28.3 billion Oracle, Cerner deal - sources
- EU antitrust regulators are set to approve without conditions U.S. business software maker Oracle Corp's $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, people familiar with the matter said on Tuesday.
- 05/24/2022
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CPSI vs. CERN: Which Stock Should Value Investors Buy Now?
- CPSI vs. CERN: Which Stock Is the Better Value Option?
- 05/23/2022
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Cerner (CERN) is a Top-Ranked Growth Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 05/12/2022
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Expiration Date of Tender Offer for Cerner Corporation Shares Extended to June 6, 2022
- AUSTIN, Texas , May 10, 2022 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) ("Oracle") announced today that it has extended its tender offer in connection with the acquisition of Cerner Corporation (Nasdaq: CERN) ("Cerner") until June 6, 2022. In accordance with the terms of its merger agreement with Cerner, Cedar Acquisition Corporation, a subsidiary of OC Acquisition LLC, which is a subsidiary of Oracle, has extended the all-cash tender offer for $95.00 per share for all of the issued and outstanding shares of common stock of Cerner (the "Shares") to 12:00 midnight, Eastern Time, at the end of the day on June 6, 2022.
- 05/10/2022
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Cerner (CERN) Matches Q1 Earnings Estimates
- Cerner (CERN) delivered earnings and revenue surprises of 0% and 2.49%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2022
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Dow Jones Newswires: Oracle again extends Cerner tender offer
- Oracle Corp. again extended its tender offer for Cerner Corp. shares and said about 11.5% of outstanding shares were tendered as of midnight at the end of the day Friday.
- 04/11/2022
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Expiration Date of Tender Offer for Cerner Corporation Shares Extended to May 11, 2022
- AUSTIN, Texas , April 11, 2022 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) ("Oracle") announced today that it has extended its tender offer in connection with the acquisition of Cerner Corporation (Nasdaq: CERN) ("Cerner") until May 11, 2022. In accordance with the terms of its merger agreement with Cerner, Cedar Acquisition Corporation, a subsidiary of OC Acquisition LLC, which is a subsidiary of Oracle, has extended the all-cash tender offer for $95.00 per share for all of the issued and outstanding shares of common stock of Cerner (the "Shares") to 12:00 midnight, Eastern Time, at the end of the day on May 11, 2022.
- 04/11/2022
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EDOC: Healthcare Technology Needs Time To Reach Its Potential
- EDOC: Healthcare Technology Needs Time To Reach Its Potential
- 03/24/2022
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Here's Why You Should Hold on to Cerner (CERN) Stock Now
- Cerner (CERN) continues to gain traction from its robust strategic deals. However, stiff competition remains a woe.
- 03/21/2022
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Test Article: John Paulson Logs in to Cerner
- John Paulson (Trades, Portfolio), head of investment firm Paulson & Co., disclosed his fourth-quarter portfolio earlier this month.
- 02/25/2022
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John Paulson Logs in to Cerner, Makes Changes to Other Top Holdings
- John Paulson (Trades, Portfolio), head of investment firm Paulson & Co., disclosed his fourth-quarter portfolio earlier this month.
- 02/25/2022
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Cerner (CERN) Q4 Earnings Surpass Estimates, Revenues Miss
- Cerner's (CERN) fourth-quarter results benefit from gains across four of its business units.
- 02/24/2022
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Cerner (CERN) Q4 Earnings Top Estimates
- Cerner (CERN) delivered earnings and revenue surprises of 5.68% and 2.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2022
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Investors Make Adjustments on Medtech Stock Before Earnings
- Medical technology company Cerner Corporation (NASDAQ:CERN) has earnings due out after the close this evening, and investors have made some recent adjustments.
- 02/16/2022
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10 Health Care Stocks Warren Buffett Owns That Offer Safety and Dependable Dividends
- If any investor has stood the test of time, it is Warren Buffett, and with good reason.
- 02/14/2022
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The Vanguard Health Care Fund's Top 5 Trades
- The Vanguard Health Care Fund (Trades, Portfolio) released its fourth-quarter 2021 portfolio earlier this week.
- 02/10/2022
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Cerner (CERN) to Report Q4 Earnings: What's in the Offing?
- Cerner's (CERN) fourth-quarter results are likely to reflect gains from strategic deals.
- 02/07/2022
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Cerner (CERN) Earnings Expected to Grow: What to Know Ahead of Q4 Release
- Cerner (CERN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/02/2022
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Cerner (CERN) Stock Sinks As Market Gains: What You Should Know
- Cerner (CERN) closed the most recent trading day at $91.20, moving -0.21% from the previous trading session.
- 01/31/2022
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Oracle: Solid Q2 Report, But Cerner Acquisition Adds Some Complexity
- Oracle: Solid Q2 Report, But Cerner Acquisition Adds Some Complexity
- 01/13/2022
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5 Stocks With Upgraded Broker Ratings for Attractive Returns
- It is advisable to follow broker rating upgrades for robust returns. Hence, we pick Boston Beer (SAM), Williams-Sonoma (WSM), Cerner (CERN), PNM Resources (PNM) and Sonoco (SON) as these witness rating upgrades.
- 01/04/2022
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How Oracle's (ORCL) Cerner Buyout Could Affect its Ratings
- Oracle's (ORCL) debt profile could further deteriorate if the company takes up more debt to finance Cerner acquisition and that could lead to possible rating downgrades, noted Bloomberg.
- 12/27/2021
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3 Solid Stocks to Invest in for Remarkable Earnings Acceleration
- Cerner (CERN), Dorman Products (DORM) & AvalonBay Communities (AVB) at present flaunt superb earnings acceleration. This makes them compelling buys.
- 12/27/2021
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Oracle, Cerner and the Liar's Cloud
- ORCL stock is dirt cheap for a cloud company, and Oracle's purchase of Cerner accelerates the move of health care to the cloud. The post Oracle, Cerner and the Liar's Cloud appeared first on InvestorPlace.
- 12/23/2021
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CERN vs. OMCL: Which Stock Should Value Investors Buy Now?
- CERN vs. OMCL: Which Stock Is the Better Value Option?
- 12/22/2021
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Cerner's (CERN) Acquisition by Oracle to Boost Patient Outcome
- Cerner's (CERN) buyout is likely to aid in growing its community presence as well as improve patient outcomes.
- 12/22/2021
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Best Long Term Stocks To Buy? 4 Health Care Stocks For Your Watchlist
- Could these health care stocks be worth looking out for as the new year approaches?
- 12/21/2021
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Oracle (ORCL) to Acquire Cerner for $28B in Cash, Shares Fall
- Oracle's (ORCL) takeover of Cerner Corporation (CERN) is expected to bolster the company's position in the lucrative healthcare domain.
- 12/21/2021
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With $28.3 Billion Cerner Bid, Oracle Has Jumped The Shark
- If Oracle's $28.3 billion Cerner acquisition is so great, why doesn't Cerner want equity instead of cash?
- 12/21/2021
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Read How Analysts View Oracle Post Cerner Deal
- Keybanc analyst Michael Turits downgraded Oracle Corp (NYSE:ORCL) from Overweight to Sector Weight. Patrick Walravens from JMP Securities maintained a Hold on Oracle.
- 12/21/2021
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Oracle Takes A Bold Step Into Clinical Medicine, Purchasing Cerner For $28 Billion
- With the brand recognition and market share that both companies boast, this deal holds significant promise to change the face of digital health.
- 12/20/2021
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Oracle to Buy Cerner for $28.3 Billion
- Cerner is No. 2 in the electronic health record business with 25 percent of the market.
- 12/20/2021
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Oracle Snags Cerner for $28.3B
- Business software behemoth Oracle Corp. on Monday (Dec. 20) announced it's buying electronic medical records company Cerner Corp. for $28.3 billion, part of Oracle co-founder Larry Ellison's plan to move into new markets, according to a press release. The Cerner acquisition is another example of Oracle's quest to grab a larger share of the cloud […]
- 12/20/2021
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Oracle Agrees To Acquire Cerner At Premium
- Oracle Corp (NYSE: ORCL) agreed to acquire Cerner Corp (NASDAQ: CERN) for an all-cash tender offer for $95 per share, or $28.3 billion in equity value. The purchase price implies a 5.8% premium to Cerner's Friday closing price of $89.77.
- 12/20/2021
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Oracle follows Microsoft into healthcare push with Cerner — is Salesforce next?
- Oracle Corp. on Monday confirmed plans to acquire Cerner Corp. for nearly $30 billion, pushing into the healthcare space a few months after another software giant, Microsoft Corp., made a similar acquisition, leaving analysts to wonder what other software companies will look to buy their way into hospitals.
- 12/20/2021
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Oracle to shell out $28 billion for medical records company Cerner
- Software giant Oracle Corp. is acquiring medical records company Cerner Corp. for $28.3 billion amid a huge surge of mergers and acquisitions this year.
- 12/20/2021
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ORCL, CERN: 11 Things to Know as Oracle Buys Cerner in $28.3B Mega Healthcare Move
- Oracle (ORCL) and Cerner (CERN) stock are in the news Monday thanks to a massive acquisition deal between the two companies. The post ORCL, CERN: 11 Things to Know as Oracle Buys Cerner in $28.3B Mega Healthcare Move appeared first on InvestorPlace.
- 12/20/2021
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Oracle buys medical records company Cerner for $28 billion
- Oracle is buying electronic medical records company Cerner in an all-cash deal valued at about $28.3 billion.
- 12/20/2021
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Here's Why Oracle (ORCL) Could be Targeting Cerner Corp
- Oracle (ORCL) is reportedly holding discussions with Cerner Corporation (CERN) regarding a potential takeover.
- 12/20/2021
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Oracle to buy Cerner for $28 billion in healthcare sector push
- (Reuters) -Enterprise software maker Oracle Corp said on Monday it would buy electronic medical records company Cerner Corp for $28.3 billion, in a bid to strengthen its presence in the healthcare sector.
- 12/20/2021
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Oracle to buy medical records company Cerner in its biggest acquisition ever
- The acquisition will help Oracle add healthcare offerings to its cloud services.
- 12/20/2021
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Oracle close to deal to acquire Cerner for more than $30 billion cash: WSJ
- Oracle Corp. ORCL, -6.39% is close to a deal to acquire electronic-medical-records company Cerner Corp. CERN, +12.93% for more than $30 billion in cash, the Wall Street Journal reported Monday, citing people familiar with the matter. The deal is expected to be announced later Monday and will value Cerner at $95 a share.
- 12/20/2021
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Oracle Expected To Announce Purchase Of Cerner Today Around This Price Level
- Oracle Corporation (NYSE: ORCL) is expected to announce the acquisition of Cerner Corporation (NASDAQ: CERN) on Monday, as per CNBC journalist David Faber. What Happened: Faber said on Twitter Sunday that the Larry Ellison co-founded database management giant is expected to announce the all-cash deal Monday morning.
- 12/19/2021
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Why Cerner Stock Soared Today
- A tech titan might be interested in acquiring the medical records company.
- 12/17/2021
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Oracle could soon announce its largest acquisition ever
- Shares of Cerner Corporation (NASDAQ: CERN) are up nearly 15% on Friday after the Wall Street Journal said Oracle Corporation (NYSE: ORCL) was in talks to buy the health information technology company for $30 billion. Oracle to expand in the healthcare space If the software giant proceeds with the deal, it will be the most […] The post Oracle could soon announce its largest acquisition ever appeared first on Invezz.
- 12/17/2021
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Oracle and Cerner Deal Another Sign of Connected Healthcare via Deep Data Analytics
- To get an idea about the growth prospects for connected healthcare, look at the deals happening in recent months. The latest evidence is Oracle's interest in Cerner Corp., the electronic medical records and data analytics firm that's been making headlines lately.
- 12/17/2021
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Oracle in talks to buy Cerner in $30 billion deal: WSJ
- The Wall Street Journal reports that Oracle is in talks to buy healthcare information-technology company Cerner. CNBC's David Faber breaks down the potential deal.
- 12/17/2021
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Cerner Stock Hits Record High Amid Buyout Rumors
- The shares of electronic medical records provider Cerner Corporation (NASDAQ:CERN) are up 11.9% to trade at $88.93 this morning, after earlier surging to a new all-time high of $92.34.
- 12/17/2021
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Friday Market Update: Why Are Tech Stocks Down Today?
- We're diving into why tech stocks are down today in our Friday market update as shares continue to slide after a poor performance Thursday. The post Friday Market Update: Why Are Tech Stocks Down Today?
- 12/17/2021
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Oracle's Potential $30B Deal to Acquire Cerner Would Be Its Biggest Ever
- Software giant Oracle is in discussions to acquire electronic medical records firm Cerner in a potential deal that could be worth $30 billion, the Wall Street Journal reported, citing sources. If the deal closes, it would be the largest acquisition to date for Oracle, which has a market value topping $280 billion.
- 12/17/2021
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Cerner Shares Soar As Oracle Eyes Healthcare Foray By Takeover: Bloomberg
- Shares of Cerner Corp (NASDAQ: CERN) gained momentum on a potential takeover by Oracle Corp (NYSE: ORCL), Bloomberg reports. The possible acquisition of the medical-records company marked the software maker's push into health care.
- 12/17/2021
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Cerner Stock (CERN): Why The Price Surged Today
- The stock price of Cerner Corporation (NASDAQ: CERN) increased by over 14% pre-market today. This is why it happened.
- 12/17/2021
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Oracle in talks to buy Cerner - WSJ
- Enterprise software maker Oracle is in talks to buy electronic medical records company Cerner in a deal that could be valued at $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
- 12/16/2021
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Cerner boosts dividend by 23%, to lift the implied yield above its peer group and the S&P 500
- Cerner Corp. CERN, +0.08% announced Friday a new quarterly dividend of 27 cents a share, which marks a 22.7% from the previous dividend of 22 cents a share. The health care information technology and devices company's new dividend will be payable Jan. 11 to shareholders of record on Dec. 27.
- 12/10/2021
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CERN vs. OMCL: Which Stock Is the Better Value Option?
- CERN vs. OMCL: Which Stock Is the Better Value Option?
- 12/06/2021
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Cerner Stock: An Undervalued Healthcare Dividend Growth Machine
- Even after taking on leverage last year to fund an acquisition, CERN's balance sheet remains very strong and flexible.
- 12/03/2021
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Cerner Is Undervalued - And Options Can Sweeten The Deal
- Cerner Corp. appears undervalued for those willing to patiently hold for 12-18 months. The company pays a well-covered dividend and offers over 20% total returns.
- 11/29/2021
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Cerner (CERN) Upgraded to Buy: What Does It Mean for the Stock?
- Cerner (CERN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 11/23/2021
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Cerner (CERN) is a Top-Ranked Value Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 11/05/2021
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Cerner (CERN) CEO, David Feinberg on Q3 2021 Results - Earnings Call Transcript
- Cerner (CERN) CEO, David Feinberg on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
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Cerner (CERN) Q3 Earnings and Revenues Surpass Estimates
- Cerner's (CERN) third-quarter results benefit from gains across four of its business units.
- 10/29/2021
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Cerner (CERN) to Report Q3 Earnings: What's in the Offing?
- Cerner's (CERN) third-quarter results are likely to reflect gains from strategic deals.
- 10/25/2021
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Cerner's (CERN) Latest Offering to Improve RCM Portfolio
- Cerner's (CERN) latest offering is likely to streamline and automate revenue cycle via interoperability and enhanced usability.
- 10/14/2021
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Cerner to Release Third Quarter 2021 Earnings Results October 29
- KANSAS CITY, Mo., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced it will release its third quarter 2021 earnings results before the market opens Friday, Oct. 29. Following the release, the company will hold a conference call at 8 a.m. CT that can be accessed via dial-in or webcast. On the call, Cerner will discuss its results and outlook and answer questions from the investment community. The call may also include discussion of Cerner developments and other material and forward-looking information about business and financial matters.
- 10/14/2021
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With More Big Data Analysis, Cerner May Spike By 47%
- Cerner solutions offer health information technology services, devices, and hardware. In my opinion, when the management starts seriously attacking international target markets, sales growth could spike up.
- 10/13/2021
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“We Must Eliminate The Noise,” Reflected Cerner's New President And CEO
- Feinberg's First Public Appearance spotlighted the patient experience and a call to action to eliminate the noise in healthcare Feinberg's First Public Appearance spotlighted the patient experience and a call to action to eliminate the noise in healthcare
- 10/12/2021
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Cerner's New President and CEO to Kick Off Annual Cerner Health Conference
- First Public Appearance to Feature: One Patient. One Community. One World.
- 10/07/2021
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Cerner Will Launch Cerner RevElate Patient Accounting
- Go-forward patient accounting offering will originate from Cerner Soarian ®
- 10/06/2021
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Why Cerner (CERN) is a Top Growth Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 09/20/2021
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Cerner Announces Quarterly Dividend
- KANSAS CITY, Mo., Sept. 10, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN), a global healthcare technology company, today announced that its Board of Directors declared a cash dividend to stockholders of $0.22 per issued and outstanding share. The cash dividend will be payable on October 12, 2021, to shareholders of record as of the close of business on September 27, 2021.
- 09/10/2021
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Love Share Buybacks? These 3 Stocks Are for You
- And as a bonus, they all pay dividends, too.
- 09/01/2021
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Google Health boss leaves the company to become CEO of health tech company Cerner
- Feinberg's departure from Google suggests the search giant may be reassessing its ambition to create new products in its Google Health division
- 08/19/2021
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Cerner Announces Appointment of David Feinberg, M.D. as President and Chief Executive Officer
- Highly Accomplished Visionary with Proven Track Record of Leading Healthcare Businesses
- 08/19/2021
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Innovative Cerner Solution Addresses Social Determinants of Health, Further Advancing Health Equity
- Pandemic and social unrest highlighted long-standing disparities; addressing social determinants of health is a primary approach to advancing health equity Pandemic and social unrest highlighted long-standing disparities; addressing social determinants of health is a primary approach to advancing health equity
- 08/06/2021
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Cerner: Don't Miss Out On This Healthcare IT Play
- Cerner operates at the intersection of healthcare and information technology, and has a moat-worthy business model.
- 08/04/2021
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Cerner Corporation's (CERN) CEO Brent Shafer on Q2 2021 Results - Earnings Call Transcript
- Cerner Corporation's (CERN) CEO Brent Shafer on Q2 2021 Results - Earnings Call Transcript
- 07/30/2021
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Cerner Stock Gains On Q2 Earnings Beat, Restructuring Savings, Q3 Outlook
- Cerner Corp (NASDAQ: CERN) reported second-quarter FY21 revenue growth of 10% year-on-year to $1.46 billion, beating the analyst consensus of $1.44 billion. Revenues from Licensed software rose 15.1% Y/Y to $175.1 million, Technology resale climbed 35% Y/Y to $56.9 million, Subscriptions increased 6.9% Y/Y to $98.4 million, Professional services expanded 16.5% Y/Y to $537.1 million, Managed services improved 4.4% Y/Y to $320.8 million, Support and maintenance declined 5.2% Y/Y to $259.7 million and Reimbursed travel increased 405.9% Y/Y to $8.8 million.
- 07/30/2021
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Cerner (CERN) Q2 Earnings and Revenues Beat Estimates
- Cerner (CERN) delivered earnings and revenue surprises of 5.26% and 1.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/30/2021
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Cerner (CERN) Q2 Earnings and Revenues Surpass Estimates
- Cerner's (CERN) second-quarter results benefit from gains across six of its business units.
- 07/30/2021
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Recap: Cerner Q2 Earnings
- Shares of Cerner (NASDAQ:CERN) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 26.98% year over year to $0.80, which beat the estimate of $0.76.
- 07/30/2021
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Cerner Reports Second Quarter 2021 Results
- Delivers Strong Results Across All Key Metrics GAAP Operating Margin and Diluted EPS Lower Due to Restructuring Charges Strong Adjusted Operating Margin Expansion and Adjusted Diluted EPS Growth vs. Year Ago Quarter
- 07/30/2021
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Cerner (CERN) is a Top-Ranked Value Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 07/26/2021
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Cerner (CERN) to Report Q2 Earnings: What's in the Offing?
- Cerner's (CERN) second-quarter results are likely to reflect gains from strategic deals.
- 07/26/2021
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Cerner to Release Second Quarter 2021 Earnings Results July 30
- KANSAS CITY, Mo., July 16, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced it will release its second quarter 2021 earnings results before the market opens Friday, July 30. Following the release, the company will hold a conference call at 8 a.m. CT that can be accessed via dial-in or webcast. On the call, Cerner will discuss its results and outlook and answer questions from the investment community. The call may also include discussion of Cerner developments and other material and forward-looking information about business and financial matters.
- 07/16/2021
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Baystate Health Collaborates With Cerner to Advance Digital Health and Accelerate Consumer-Focused Care
- Expansion represents commitment to transform patient care across Western Massachusetts Expansion represents commitment to transform patient care across Western Massachusetts
- 07/15/2021
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Artificial Intelligence Identifies Builders Firstsource Among Today's Top Buys
- Markets continued their bull rally today after a small setback yesterday, with all three major markets in the green. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
- 07/07/2021
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Cerner Stock Could See a Bump If It Gets Gobbled up By a Cloud Company
- Mainstream cloud vendors backed away from the healthcare space a decade ago, fearful of regulation, but they're now adapting to regulation in their main markets and might want to get back in. The post Cerner Stock Could See a Bump If It Gets Gobbled up By a Cloud Company appeared first on InvestorPlace.
- 06/29/2021
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Digital Health Momentum is Here to Stay: 3 MedTech Stocks in Focus
- Here we look at three stocks, MDRX, CERN and RMD, that investors can keep a watch on the back of their robust digital health prospects.
- 06/24/2021
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Cerner Is a Strong Value Based on Ultra-Firm Financials
- Growth investors and dividend collectors alike should consider CERN stock now as the company posts indisputably solid fiscal figures. The post Cerner Is a Strong Value Based on Ultra-Firm Financials appeared first on InvestorPlace.
- 06/24/2021
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3 Medical Info System Stocks to Bank on Despite Decline in COVID-19 Cases
- The COVID-19 pandemic has in a way increased the pace of progress of Medical Information Systems industry.
- 06/04/2021
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Why Is Cerner (CERN) Up 6.8% Since Last Earnings Report?
- Cerner (CERN) reported earnings 30 days ago. What's next for the stock?
- 06/04/2021
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Cerner Might Be an Acquisition Target Soon
- As rumors swirl around a possible acquisition for electronic health record company Cerner, consider picking up CERN stock. The post Cerner Might Be an Acquisition Target Soon appeared first on InvestorPlace.
- 06/02/2021
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PM360 Recognizes Kantar Health's Jeremy Brody as 2021 ELITE Winner in Transformational Leaders Category
- NEW YORK--(BUSINESS WIRE)--Kantar Health today announced that Jeremy Brody, Chief Strategy Officer, has been named a 2021 ELITE Winner at the 2021 PM360 Elite Awards.
- 05/14/2021
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Why Cerner Is A Moat-Worthy Buy For Dividends And Growth
- Cerner is a leading EMR solutions provider, and has relationships with one-third of all healthcare systems in the U.S.
- 05/13/2021
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Cerner (CERN) Q1 Earnings Beat Estimates, Revenues Miss
- Cerner's (CERN) first-quarter results benefit from gains in Licensed software, Subscriptions and Managed services units, and expansion in gross margin.
- 05/06/2021
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Cerner Corporation (CERN) CEO Brent Shafer on Q1 2021 Results - Earnings Call Transcript
- Cerner Corporation (CERN) CEO Brent Shafer on Q1 2021 Results - Earnings Call Transcript
- 05/05/2021
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Cerner (CERN) Beats Q1 Earnings Estimates
- Cerner (CERN) delivered earnings and revenue surprises of 2.70% and -0.90%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/05/2021
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Cerner Beats On Q1 Earnings, Approves $3.75B Share Buyback Plan, CEO Transition
- Cerner Corp (NASDAQ: CERN) reported a first-quarter FY21 revenue decline of 2% year-on-year to $1.388 billion, missing the analyst consensus of $1.4 billion. It clocked a 2% revenue growth excluding divestitures.
- 05/05/2021
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Recap: Cerner Q1 Earnings
- Shares of Cerner (NASDAQ:CERN) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 7.04% over the past year to $0.76, which beat the estimate of $0.74.
- 05/05/2021
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Cerner Reports First Quarter 2021 Results, Updates Guidance, Expands Capital Return Program and Commences CEO Succession
- Increased 2021 Earnings Outlook on Strong Margin Expansion Board Authorizes New $3.75 Billion Share Repurchase Program
- 05/05/2021
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Should You Buy Cerner (CERN) Ahead of Earnings?
- Cerner (CERN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/04/2021
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Parnassus Fund Exits Cerner, Waste Connections
- Jerome Dodson (Trades, Portfolio)'s Parnassus Fund sold shares of the following stocks during the first quarter, which ended on March 31.
- 04/17/2021
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7 High-Risk Stocks Banking on a Return to Normal
- These seven risky stocks might take a breather as the bull market enters a more speculative stage in the new quarter. Proceed with caution.
- 04/16/2021
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Cerner to Release First Quarter 2021 Earnings Results May 5
- KANSAS CITY, Mo., April 16, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced it will release its first quarter 2021 earnings results before the market opens Wednesday, May 5th. Following the release, the company will hold a conference call at 8:00 a.m. CT that can be accessed via dial-in or webcast. On the call, Cerner will discuss its results and outlook and answer questions from the investment community. The call may also include discussion of Cerner developments and other material and forward-looking information about business and financial matters.
- 04/16/2021
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3 Top Healthcare Stocks to Buy Right Now
- Some healthcare companies are a good value even with the stock market at all-time highs.
- 04/15/2021
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The Top 5 Trades of Jerome Dodson's Parnassus Fund
- Fund reveals investments in banks, biotech in 1st-quarter portfolio
- 04/14/2021
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Better Buy: Veeva Systems vs. Cerner
- Which digital healthcare company is a better long-term investment?
- 04/12/2021
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7 F-Rated Tech Stocks to Avoid Today
- Tech stocks can deliver spectacular growth, but when companies face big challenges and shares start sliding, it may be best to avoid them. The post 7 F-Rated Tech Stocks to Avoid Today appeared first on InvestorPlace.
- 04/08/2021
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Cerner Scoops Up Kantar Heath For $375M
- Cerner Corporation (NASDAQ: CERN) announced it is acquiring Kantar Health, a Kantar Group division, for $375 million in cash. Kantar Health's life sciences research and consulting solutions will be combined with Cerner's real-world data and technology collection.
- 04/01/2021
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7 Tech Stocks Becoming Healthcare Stocks
- Covid-19 has meant many tech stocks now put more resources in healthcare. These technology shares deserve to be on your radar.
- 04/01/2021
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Cerner Finalizes Acquisition of Kantar Health
- Pairing data and research expertise to revolutionize the discovery, development and commercialization of life sciences innovations Pairing data and research expertise to revolutionize the discovery, development and commercialization of life sciences innovations
- 04/01/2021
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Cerner Mourns the Passing of Long-Time Board Member Linda M. Dillman
- KANSAS CITY, Mo., March 22, 2021 (GLOBE NEWSWIRE) -- It is with tremendous sadness that Cerner Corporation (NASDAQ: CERN) announces that Linda M. Dillman, a long-time and trusted board member, passed away on Saturday, March 13.
- 03/22/2021
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Last Week's Notable Insider Buys: News Corp, Microsoft, Snowflake, Walmart And More
- Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A media mogul was among the insiders making purchases this week.
- 03/13/2021
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Cerner (CERN) Down 6.4% Since Last Earnings Report: Can It Rebound?
- Cerner (CERN) reported earnings 30 days ago. What's next for the stock?
- 03/12/2021
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3 Top Stocks to Buy After Last Week's Sell-Off
- The markets have gone into a tailspin again and there are some good deals out there for savvy investors.
- 03/10/2021
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7 Beaten Down Stocks With Significant Insider Buying
- If the insiders are buying, other investors should at least pay attention. These seven stocks are ones to keep an eye on here.
- 03/01/2021
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Cerner Corporation (CERN) CEO Brent Shafer on Q4 2020 Results - Earnings Call Transcript
- Cerner Corporation (CERN) CEO Brent Shafer on Q4 2020 Results - Earnings Call Transcript
- 02/10/2021
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Cerner (CERN) Q4 Earnings Match Estimates
- Cerner (CERN) delivered earnings and revenue surprises of 0.00% and 0.11%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/10/2021
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Cerner: Q4 Earnings Insights
- Shares of Cerner (NASDAQ:CERN) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 4.00% over the past year to $0.78, which were in line with the estimate of $0.78.
- 02/10/2021
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Cerner Reports Fourth Quarter And Full-Year 2020 Results
- Strong Finish to Year with All Key Metrics Within Company Guidance Ranges
- 02/10/2021
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Cerner (CERN) to Report Q4 Earnings: What's in the Offing?
- Cerner's (CERN) fourth-quarter results are likely to reflect gains from strategic deals.
- 02/08/2021
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Cerner: Healthy Business And Industry, Fairly Valued
- Cerner has been a long-term growth play in the wider healthcare sector. After being an industry darling in the 2010s, while the entire industry was in demand, shares have consolidated a bit in recent years.
- 02/08/2021
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Cerner Named Best in KLAS For Behavioral Health, Global Acute Care
- Interoperable Behavioral Health Technology Supporting Providers Amidst Pandemic Interoperable Behavioral Health Technology Supporting Providers Amidst Pandemic
- 02/02/2021
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3 Top Medical Info Systems Stocks to Beat COVID-19 Resurgence Crisis
- 3 Top Medical Info Systems Stocks to Beat COVID-19 Resurgence Crisis
- 01/28/2021
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Cerner Receives Fourth Consecutive Perfect Score on 2021 Corporate Equality Index
- Human Rights Campaign Foundation gives Cerner top rating for LGBTQ workplace inclusion
- 01/28/2021
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Cerner Names New Chief Financial Officer
- Mark Erceg Brings Multi-Dimensional Experience to Health Care Technology Leader Mark Erceg Brings Multi-Dimensional Experience to Health Care Technology Leader
- 01/21/2021
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Why BofA Is Double Downgrading Cerner: 'Not Much Room For Upside'
- Cerner Corporation's (NASDAQ: CERN) long-term growth is likely to be slightly lower than was earlier anticipated, and there is lack of a “possible novel catalyst” to drive share price appreciation, according to BofA Securities. The Cerner Analyst: Michael Cherny downgraded Cerner from Buy to Underperform and lowered the price target from $82 to $76.
- 01/19/2021
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Cerner to Release Fourth Quarter 2020 Earnings Results February 10
- KANSAS CITY, Mo., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced it will release its fourth quarter 2020 earnings results after the market closes Wednesday, February 10th. Following the release, the company will hold a conference call at 3:30 p.m. CT that can be accessed via dial-in or webcast. On the call, Cerner will discuss its results and outlook and answer questions from the investment community. The call may also include discussion of Cerner developments and other material and forward-looking information about business and financial matters.
- 01/11/2021
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Here's Why You Should Hold on to Cerner (CERN) Stock Now
- Cerner (CERN) continues to gain from solid prospects in EHR and strategic deals. However, intense competition remains a woe.
- 12/31/2020
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7 Healthcare Stocks to Buy With the Sector Under Scrutiny
- True, there are political risks in the industry. But there are also lots of growth opportunities for investors in healthcare stocks.
- 12/21/2020
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Cerner (CERN) to Buy Kantar Health to Enhance Clinical Research
- Cerner (CERN) agrees to acquire Kantar Health to drive safety and efficiency of clinical research across life sciences, pharmaceuticals and health care.
- 12/17/2020
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Cerner Announces Agreement to Acquire Health Division of Kantar
- Combination to create leading data insights and clinical research platform
- 12/16/2020
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Cerner Announces Increased Quarterly Dividend
- Company to Award $0.22 Per Issued and Outstanding Share to Stockholders; an Increase of 22% Company to Award $0.22 Per Issued and Outstanding Share to Stockholders; an Increase of 22%
- 12/11/2020
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Cerner Simplifies Ordering and Monitoring of Digital Health Solutions
- Cerner teams with Xealth to foster digital innovation, strengthen connections between providers and patients Cerner teams with Xealth to foster digital innovation, strengthen connections between providers and patients
- 12/10/2020
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Cerner Simplifies Patient Communication
- New capabilities will unify and automate previously disjointed communications, enhance patient engagement, and save clinicians time New capabilities will unify and automate previously disjointed communications, enhance patient engagement, and save clinicians time
- 11/11/2020
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Were These Hedge Funds Right About Selling Cerner Corporation (CERN)?
- In this article we will check out the progression of hedge fund sentiment towards Cerner Corporation (NASDAQ:CERN) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have access to expert networks and get tips from industry insiders. They also employ numerous Ivy League graduates and MBAs. Like everyone else, hedge funds perform miserably at times, but their consensus picks have historically outperformed the market after risk adjustments.
- 11/04/2020
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Cerner Corporation (CERN) CEO Brent Shafer on Q3 2020 Results - Earnings Call Transcript
- Cerner Corporation (CERN) CEO Brent Shafer on Q3 2020 Results - Earnings Call Transcript
- 10/28/2020
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Cerner Reports Third Quarter 2020 Results In Line With Company Expectations
- CFO Marc Naughton will Depart in 2021 CFO Marc Naughton will Depart in 2021
- 10/28/2020
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Laboratory Information System Market, 2026 by Delivery Mode, Product, Component, End-user, Geography - ResearchAndMarkets.com
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Global Healthcare Integration Market Report 2020: Amid the COVID-19 Pandemic, the Market is Projected to Reach a Revised $5.4 Billion - ResearchAndMarkets.com
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Cerner Co. (NASDAQ:CERN) Shares Purchased by LGT Capital Partners LTD.
- LGT Capital Partners LTD. grew its stake in shares of Cerner Co. (NASDAQ:CERN) by 17.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,346,182 shares of the company’s stock after purchasing an additional 200,450 shares during the quarter. Cerner […]
- 10/13/2020
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Global Big Data Healthcare Market Growth, Trends, and Forecast Report 2020-2025 - ResearchAndMarkets.com
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Radiology Information Systems (RIS) Market | Increasing Prevalence of Chronic Diseases to Boost the Market Growth | Technavio
- The Global Radiology Information Systems Market will grow by USD 114.97 mn during 2020-2024
- 10/09/2020
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Global Mobile Health App Market 2020: Industry Demand and Forecast to 2025 By Company Overview, Share, Size, Expansions, Agreements, New Product Launches and Growth Analysis
- Oct 07, 2020 (The Expresswire) --
Global "Mobile Health App Market" 2020: - Mobile Health App Market report intends to offer inside and out data about Mobile...
- 10/07/2020
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State of Alaska Department of Revenue Has $9.37 Million Stake in Cerner Co. (NASDAQ:CERN)
- State of Alaska Department of Revenue boosted its stake in Cerner Co. (NASDAQ:CERN) by 1.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,631 shares of the company’s stock after purchasing an additional 1,337 shares during the period. State of Alaska Department […]
- 10/07/2020
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Global High Acuity Information Systems Market Report 2020: U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 6.2% CAGR - ResearchAndMarkets.com
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Patient Throughput and Capacity Management Market 2020 Share, Top Manufacturers, Patient Throughput and Capacity Management Market Size, Segmentation, Types, Application, Technology, Trends and Forecasts to 2025
- Oct 06, 2020 (The Expresswire) --
Global"Patient Throughput and Capacity Management Market"(2020-2026) status and position of worldwide and key regions, with...
- 10/06/2020
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Digital Health Monitoring Market Research Report with Detailed Analysis 2020 & Forecast to 2026
- Oct 05, 2020 (Heraldkeepers) --
New York, October 5, 2020: The Global Digital Health Monitoring Market is expected to exceed more than US$ 254.5 Billion by...
- 10/05/2020
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Global Healthcare EDI Market Trajectory & Analytics Report 2020: Market to Projected to Reach a Revised $4.6 Billion by 2027 - ResearchAndMarkets.com
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Telehealth Market Forecast, 2020-2025: The COVID-19 Data Bump and the Future of Data Growth
- Oct 01, 2020 (AmericaNewsHour) --
Market Overview:Global Telehealth Market was valued at USD 2.68 Billion in 2016 and is projected to reach USD 22.71 Billion...
- 10/01/2020
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Worldwide Behavioral/Mental Health Software Industry to 2025 - North America Holds the Largest Share in the Market - ResearchAndMarkets.com
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Emergency Department Information Systems - Global Market Trajectory & Analytics 2012-2019 & 2020-2027 - ResearchAndMarkets.com
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$40+ Billion Electronic Medical Record Market - Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2019 & 2020-2026 - ResearchAndMarkets.com
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Cerner: Multiple Avenues For Growth
- Cerner Corporation is a leading healthcare IT company that provides electronic health record solutions for healthcare systems around the world.
- 09/12/2020
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Amwell Proposes Terms For $525 Million IPO
- Amwell seeks to raise $525 million in an IPO of its Class A stock. The firm provides a telehealth delivery system to healthcare providers in the U.S.
- 09/11/2020
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Tracking Al Gore's Generation Investment Management Portfolio - Q2 2020 Update
- Generation Investment Management’s 13F portfolio value increased from $14.09B to $17.34B this quarter.
- 09/09/2020
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The Sell-Off Accelerates, What To Do Now
- The S&P 500's sell-off accelerates. The best sectors and stocks to consider when it bottoms.
- 09/03/2020
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Cerner Teams With Amazon to Help Consumers Improve Their Health and Wellness | MarketScreener
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Introducing Amazon Halo and Amazon Halo Band—A New Service that Helps Customers Improve Their Health and Wellness
- Amazon (NASDAQ: AMZN) today introduced Amazon Halo, a new service dedicated to helping customers improve their individual health and wellness. Amazon
- 08/27/2020
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Cerner Co. (NASDAQ:CERN) Shares Sold by Mutual of America Capital Management LLC
- Mutual of America Capital Management LLC cut its stake in shares of Cerner Co. (NASDAQ:CERN) by 3.7% in the second quarter, HoldingsChannel.com reports. The fund owned 41,244 shares of the company’s stock after selling 1,590 shares during the period. Mutual of America Capital Management LLC’s holdings in Cerner were worth $2,827,000 at the end of […]
- 08/22/2020
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Trump's New Iran Sanctions Might Not Kill the Nuclear Deal, But They Will Hurt the U.N.
- Secretary of State Mike Pompeo is reportedly heading to New York to invoke 'snapback' provisions of the Iran nuclear deal. It's an act of diplomatic vandalism.
- 08/19/2020
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Here's Why You Should Hold on to Cerner (CERN) Stock Now
- Cerner (CERN) continues to gain from solid prospects in EHR and strategic deals. However, intense competition remains a woe.
- 08/19/2020
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Cerner Technology Supports Effort to Safely Reopen HBCUs With Abundant COVID-19 Testing Plans
- Joins Testing for America to Scale Comprehensive Campus Strategies to Identify and Contain VirusKANSAS CITY, Mo., Aug. 18, 2020 (GLOBE NEWSWIRE) -- Cerner Corporation® (NASDAQ: CERN), a global health care technology company, announced it has recently joined non-profit Testing for America and others, including the Thurgood Marshall College Fund (TMCF) and The United Negro College Fund (UNCF), to support Historically Black Colleges and Universities’ (HBCUs) efforts to offer rapid, consistent and affordable COVID-19 testing for students, faculty and staff. Testing for America and its collaborators are helping these academic institutions develop comprehensive reopening safety strategies and linking them to lab partners and other support in the hopes of helping them safety return to classes. The effort to support HBCUs comes as communities of color around the nation are disproportionately impacted by the economic and health effects of the novel coronavirus. Testing of everyone on campus is one tool in an overall safety plan to help identify and contain the virus, often spread by asymptomatic carriers, and to help the campuses of HBCUs, which will serve a vital role in our nation’s recovery.Cerner’s interoperable technology can be employed to make sure each COVID-19 test result is reported directly to the student, faculty and staff member, as well as their physicians, for better, seamless medical care coordination and guidance and to all required public health agencies.“Historically Black Colleges and Universities are a vital part of America’s talent infrastructure,” said Donald Trigg, president, Cerner. “The nationwide effort to provide access to COVID-19 testing holds the promise to be a key pillar of the safe return to campus for these essential institutions. We are excited to have Cerner’s technology help scale this important initiative.” About a dozen HBCUs have partnered with Testing for America to work toward safe reopenings this fall. The program is being pioneered at Delaware State University, as recently reported by TODAY.“Robust testing protocols will help give the university community more confidence in coming back and will support our comprehensive approach to reopening,” said Tony Allen, president, Delaware State University. “We want to ensure that the kind of space so many of our students call home is perceived as a safe one, so that they can continue their education without pause."The COVID-19 pandemic underscores the need for innovative solutions to deliver equitable care across all populations, and Cerner has vowed to use its technologies and leverage data to build a better, healthier world for us all. Cerner’s commitment to diversity and inclusion has been recognized for the past two years by Forbes naming the company as a leading Diversity Employer. Last year, Cerner CEO Brent Shafer signed the CEO Action Pledge for Diversity and Inclusion, uniting leaders from more than 900 companies in a common commitment to advancing diversity and inclusion in the workplace.About CernerCerner Corporation’s health technologies connect people and information systems in thousands of contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. The company also offers an integrated clinical and financial system to help manage day-to-day revenue functions, as well as a wide range of services to support clinical, financial and operational needs, focused on people. For more information, visit Cerner.com, The Cerner Blog or connect on Facebook, Instagram, LinkedIn, Twitter or The Cerner Podcast. Nasdaq: CERN. Health care is too important to stay the same.Media Contacts: CernerStephanie Greenwood, (816) 201-2137, stephanie.greenwood@cerner.com
- 08/18/2020
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Digital health platform Xealth strikes partnership with another big health IT vendor
- Xealth, a company whose platform makes it easy to prescribe digital health tools and integrate them with patients’ health records, struck a partnership with Cerner. Both Cerner and LRVHealth invested $6 million into the startup.
- 08/10/2020
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Epic Systems walks back plans requiring thousands of employees to return to work this week
- After local public health officials raised questions, Epic Systems is temporarily backing off from plans requiring thousands of employees to return to work.
- 08/10/2020
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Cerner and LRVHealth invest $6m in digital health firm Xealth -
- Health technology firm Cerner and LRVHealth have invested $6 million in Xealth to scale up its business offering digital health tools to patients and clinicians.
- 08/07/2020
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Cerner (NASDAQ:CERN) Shareholders Have Enjoyed A 13% Share Price Gain
- Buying a low-cost index fund will get you the average market return. But across the board there are plenty of stocks...
- 08/06/2020
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Cerner and Xealth Collaboration Helps Patients be More Active Participants in Health Care, Well-being
- Xealth and Cerner Corporation are working to bring digital health tools to clinicians and patients to improve the health care experience.
- 08/06/2020
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Abu Dhabi's Etihad Airways posts $758M in half-year losses
- Abu Dhabi’s Etihad Airways says core operating losses amounted to $758 million for the first half of the year, driven by a nearly 40% drop in revenue due in part to the impact of the coronavirus pandemic
- 08/06/2020
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Cerner and Xealth Collaboration Helps Patients be More Active Participants in Health Care, Well-being
- Xealth and Cerner Corporation are working to bring digital health tools to clinicians and patients to improve the health care experience.
- 08/06/2020
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Healthcare IT Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Need for Automation Across Departments to Boost Market Growth | Technavio
- The Global Healthcare IT Market will grow by USD 95.98 bn during 2020-2024
- 08/05/2020
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Cambridge Investment Research Advisors Inc. Sells 1,048 Shares of Cerner Co. (NASDAQ:CERN)
- Cambridge Investment Research Advisors Inc. cut its stake in Cerner Co. (NASDAQ:CERN) by 4.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,655 shares of the company’s stock after selling 1,048 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Cerner […]
- 08/04/2020
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AP PHOTOS: Muslims worldwide mark Eid festival amid pandemic
- Muslims worldwide have marked the Eid al-Adha holiday amid a global pandemic that has impacted nearly every aspect of this year’s celebrations
- 08/02/2020
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Libyans fear regional war as rival powers vie for control, says envoy
- UN envoy has two months to secure ceasefire but warns that risks are rising
- 08/01/2020
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Opinion | A Space Race for the 21st Century
- China aims to land a Mars rover, something the EU hasn’t managed.
- 07/30/2020
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'On our way to Mars': NASA rover will look for signs of life
- The biggest, most sophisticated Mars rover ever built is on its way to the red planet
- 07/30/2020
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Nuance and Cerner Expand Strategic Voice AI Collaboration to Include Dragon Medical Virtual Assistant Technology
- Nuance® Communications, Inc. (NASDAQ: NUAN) today announced that it has expanded its long-standing AI collaboration with Cerner Corporation (NASDAQ: CERN) to include the integration of Nuance's virtual assistant technology into the Cerner Millennium® electronic health record (EHR). Building upon the existing integration between Nuance's Dragon® Medical platform and Cerner Millennium, joint clients can utilize Nuance's advanced natural language virtual assistant technology to navigate the EHR using just their voice, giving clinicians more time to spend with their patients and less time with their computer.
- 07/30/2020
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Cerner (CERN) Q2 Earnings Surpass Estimates, Revenues Miss
- Cerner (CERN) second-quarter results benefit from gains in Subscriptions and Managed services units, and expansion in margins.
- 07/30/2020
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Here's What Is Behind Cerner's Mixed Second-Quarter Results and Weaker Full-Year Outlook
- The healthcare information technology leader beat expectations on earnings, but its revenue fell short.
- 07/30/2020
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Cerner Corp (CERN) Q2 2020 Earnings Call Transcript
- CERN earnings call for the period ending June 30, 2020.
- 07/30/2020
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Cerner's (CERN) CEO Brent Shafer on Q2 2020 Results - Earnings Call Transcript
- Cerner Corporation (NASDAQ:CERN) Q2 2020 Earnings Conference Call July 29, 2020 4:30 PM ET Company Participants Brent Shafer – Chairman and Chief Executive Officer Marc Naughton – Chief Financial Officer John Peterzalek – Chief Client and Services Officer Don Trigg – President Allan Kells – Senior Vice President-Investor Relations Conference Call Participants Elizabeth Anderson – Evercore Adam Noble – UBS Anne Samuel – JP Morgan Rivka Goldwasser – Morgan Stanley Steve Halper – Cantor Fitzgerald Michael Cherny – Bank of America Securities Jeff Garro – William Blair & Company Eric Percher – Nephron Research George Hill – Deutsche Bank Presentation Operator Welcome to Cerner Corporation’s Second Quarter 2020 Conference Call.
- 07/29/2020
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Recap: Cerner Q2 Earnings
- Shares of Cerner (NASDAQ:CERN) rose 1.38% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 4.55% over the past year to $0.63, which beat the estimate of $0.61.Revenue of $1,330,000,000 declined by 7.06% from the same period last year, which missed the estimate of $1,360,000,000.Looking Ahead The upcoming fiscal year's EPS expected to be between $2.80 and $2.88.The upcoming fiscal year's revenue expected to be between $5,450,000,000 and $5,550,000,000.Details Of The Call Date: Jul 29, 2020View more earnings on CERNTime: 04:30 PMET Webcast URL: https://edge.media-server.com/mmc/p/i4w8brucTechnicals Company's 52-week high was at $80.9052-week low: $53.08Price action over last quarter: Up 3.38%Company Profile Cerner is a leading supplier of health care information technology solutions and tech-enabled services. The company offers a wide range of intelligent solutions and tech-enabled services that support the clinical, financial, and operational needs of healthcare organizations of varying sizes. The company employs nearly 30,000 associates and has a strong global installed base, including the lion's share of the top 100 health systems, physician practices, laboratories, ambulatory centers, behavioral health centers, cardiac facilities, radiology clinics, surgery centers, extended care facilities, retail pharmacies, and employer sites. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes.See more from Benzinga * Recap: Hologic Q3 Earnings * Pluralsight: Q2 Earnings Insights * Pilgrims Pride: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/29/2020
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Cerner (CERN) Q2 Earnings Top Estimates
- Cerner (CERN) delivered earnings and revenue surprises of 3.28% and -2.01%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2020
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Cerner Reports Second Quarter 2020 Results
- Delivers Solid Results Amidst PandemicKANSAS CITY, Mo., July 29, 2020 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced results for the 2020 second quarter that ended June 30, 2020. The quarterly financial results can be viewed on the company’s website at https://investors.cerner.com/financial-releases. Cerner will host an earnings conference call to provide additional detail on the Company’s results and outlook at 3:30 p.m. CT on July 29, 2020. On the call, Cerner will discuss its second quarter 2020 results and answer questions from the investment community. The call may also include discussion of Cerner developments, and forward-looking and other material information about business and financial matters. The dial-in number for the conference call is (678) 509-7542; the passcode is Cerner. Cerner recommends joining the call 15 minutes early for registration. An audio webcast will be available live and archived on Cerner’s Investor Relations website at https://investors.cerner.com/events-and-presentations.What: Cerner Second Quarter 2020 Earnings Conference Call Webcast When: Wednesday, July 29, 2020 Time: 3:30 p.m. Central Time Financial Results: https://investors.cerner.com/financial-releases Webcast: https://investors.cerner.com/events-and-presentationsInvestor Contact: Allan Kells, (816) 201-2445, akells@cerner.com Media Contact: Misti Preston, (816) 201-5531, mediarelations@cerner.com
- 07/29/2020
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Iran missiles target fake carrier as US bases go on alert
- Iran’s paramilitary Revolutionary Guard has launched missiles targeting a mock aircraft carrier in the strategic Strait of Hormuz
- 07/29/2020
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Iran moves mock aircraft carrier to sea amid US tensions
- Iran has moved a mock aircraft carrier to the strategic Strait of Hormuz amid heightened tensions between Tehran and Washington
- 07/27/2020
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Moody Lynn & Lieberson LLC Buys Shares of 4,113 Cerner Co. (NASDAQ:CERN)
- Moody Lynn & Lieberson LLC bought a new stake in Cerner Co. (NASDAQ:CERN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,113 shares of the company’s stock, valued at approximately $282,000. Several other institutional investors and hedge funds have also recently modified […]
- 07/27/2020
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Dupont Capital Management Corp Purchases 2,092 Shares of Cerner Co. (NASDAQ:CERN)
- Dupont Capital Management Corp raised its position in shares of Cerner Co. (NASDAQ:CERN) by 4.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,456 shares of the company’s stock after acquiring an additional 2,092 shares during the period. Dupont Capital Management […]
- 07/27/2020
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China launches its first unmanned mission to Mars
- China launches its first unmanned mission to Mars
- 07/27/2020
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Cerner (CERN) to Report Q2 Earnings: What's in the Offing?
- Cerner's (CERN) second-quarter results are likely to reflect solid show by Subscriptions, Managed Services and Licensed software segments.
- 07/24/2020
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Cerner Corporation : half-yearly earnings release | MarketScreener
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Cerner Corporation : publication des résultats semestriels | Zone bourse
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Earnings Preview: Cerner (CERN) Q2 Earnings Expected to Decline
- Cerner (CERN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/22/2020
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Cerner Co. (NASDAQ:CERN) Shares Acquired by Symmetry Partners LLC
- Symmetry Partners LLC increased its position in Cerner Co. (NASDAQ:CERN) by 5.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,949 shares of the company’s stock after purchasing an additional 219 shares during the period. Symmetry Partners LLC’s holdings in Cerner were worth $271,000 at the […]
- 07/22/2020
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Vident Investment Advisory LLC Raises Position in Cerner Co. (NASDAQ:CERN)
- Vident Investment Advisory LLC increased its stake in Cerner Co. (NASDAQ:CERN) by 118.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,224 shares of the company’s stock after purchasing an additional 11,521 shares during the quarter. Vident Investment Advisory LLC’s holdings in Cerner were […]
- 07/22/2020
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Turkey shifts fight against Kurdish militants deeper into Iraq
- Turkey shifts fight against Kurdish militants deeper into Iraq
- 07/22/2020
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Best Stocks To Buy Today As Investors Eye Coronavirus Stimulus
- Markets are hopeful after the European Union signed off on a 750-billion-euro package last night that drove European markets higher. Earnings have also given stocks a boost. If you're looking for stocks to invest in, our AI has picked out 5 for today.
- 07/21/2020
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Mission Mars: UAE's Amal Spacecraft Lifts Off From Japan - See Pics
- A United Arab Emirates spacecraft rocketed into blue skies from a Japanese launch center Monday at the start of a seven-month journey to Mars on the Arab world’s first interplanetary mission.
- 07/20/2020
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UAE's Amal spacecraft rockets toward Mars in Arab world 1st
- TOKYO (AP) - A United Arab Emirates spacecraft rocketed into blue skies from a Japanese launch center Monday at the start of a seven-month journey to Mars on the Arab world's first interplanetary mission.
The liftoff of the Mars orbiter named Amal, or Hope, starts a rush to fly to Earth's neighbor that is scheduled to be followed in the next few days by China and the United States.
At the space center in Dubai, people watching were transfixed by the liftoff, then cheered and clapped, with one woman with offering a celebratory cry common for weddings.
Amal blasted off from the Tanegashima Space Center aboard a Mitsubishi Heavy Industries' H-IIA rocket on time at 6:58 a.m. (2158 GMT Sunday) after being delayed five days by bad weather.
Mitsubishi later said the probe successfully separated from the rocket and was now on its solo journey to Mars.
The probe was sending signals that would be analyzed later but everything appeared good for now, Omran Sharaf, the UAE Mars mission director told journalists in Dubai about an hour and a half after liftoff.
Amal is set to reach Mars in February 2021, the year the UAE celebrates 50 years since the country's formation. In September that year, Amal will start transmitting Martian atmospheric data, which will be made available to the international scientific community, Sharaf said.
"The UAE is now a member of the club and we will learn more and we will engage more and we'll continue developing our space exploration program," UAE Space Agency chief Mohammed Al Ahbabi told a joint online news conference from Tanegashima.
At Mohammed bin Rashid Space Center in Dubai, Emirati men in their traditional white kandora robes and women in their black abayas watched the liftoff. As its stages separated, a cheer went out from...
- 07/20/2020
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UAE launches 'Hope' mission to Mars from Japan's space center
- The United Arab Emirates launched its first-ever interplanetary Hope Probe mission to Mars from Japan's Tanegashima Space Centre at 01:58 a.m. (local time) on Monday.
- 07/20/2020
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UAE's Amal spacecraft rockets toward Mars in Arab world 1st
- TOKYO (AP) - A United Arab Emirates spacecraft rocketed away Monday on a seven-month journey to Mars, kicking off the Arab world's first interplanetary mission.
The liftoff of the Mars orbiter named Amal, or Hope, from Japan marked the start of a rush to fly to Earth's neighbor that includes attempts by China and the United States.
The UAE said its Amal was functioning after launch as it heads toward Mars.
Omran Sharaf, the project director of Emirates Mars Mission, told journalists in Dubai about an hour and a half after the liftoff that the probe was sending signals. Sharaf said his team now would examine the data, but everything appeared good for now.
People cheered and clapped, with one woman with offering a celebratory cry common for weddings.
Hope is set to reach Mars in February 2021, the year the UAE celebrates 50 years since the country's formation.
It blasted off from the Tanegashima Space Center on a small southern Japanese island aboard a Mitsubishi Heavy Industries' H-IIA rocket, on time at 6:58 a.m. (2158 GMT Sunday) into the blue sky. Mitsubishi said the probe has been successfully separated from the rocket and is now on its solo journey. The launch had been delayed for five days because of stormy weather.
At Mohammed bin Rashid Space Center in Dubai, Emirati men in their traditional white kandora robes and women in their black abayas watched transfixed as the rocket lifted off. As its stages separated, a cheer went out from a group of Emirati men seated on the floor. They began clapping, one using his face mask due to the coronavirus pandemic to wipe away a tear.
"It was great to see everything going according to schedule today. It looks like things are all on track. It's a huge step in terms of space exploration to have a nation like the...
- 07/20/2020
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United Arab Emirates: Amal functioning after launch to Mars
- TOKYO (AP) - A United Arab Emirates spacecraft rocketed away Monday on a seven-month journey to Mars, kicking off the Arab world's first interplanetary mission.
The liftoff of the Mars orbiter named Amal, or Hope, from Japan marked the start of a rush to fly to Earth's neighbor that includes attempts by China and the United States.
The UAE said its 'Amal' space probe was functioning after launch as it heads toward Mars.
Omran Sharaf, the project director of Emirates Mars Mission, told journalists in Dubai about an hour and a half after the liftoff that the probe was sending signals. Sharaf said his team now would examine the data, but everything appeared good for now.
People cheered and clapped, with one woman with offering a celebratory cry common for weddings.
Hope is set to reach Mars in February 2021, the year the UAE celebrates 50 years since the country's formation.
It blasted off from the Tanegashima Space Center on a small southern Japanese island aboard a Mitsubishi Heavy Industries' H-IIA rocket, on time at 6:58 a.m. (2158 GMT Sunday) into the blue sky. The launch had been delayed for five days because of stormy weather.
At Mohammed bin Rashid Space Center in Dubai, Emirati men in their traditional white kandora robes and women in their black abayas watched transfixed as the rocket lifted off. As its stages separated, a cheer went out from a group of Emirati men seated on the floor. They began clapping, one using his face mask due to the coronavirus pandemic to wipe away a tear.
"It was great to see everything going according to schedule today. It looks like things are all on track. It's a huge step in terms of space exploration to have a nation like the UAE taking that giant leap to send a spacecraft to Mars," Astronomer Fred Watson...
- 07/20/2020
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Trust Co. of Vermont Has $302,000 Holdings in Cerner Co. (NASDAQ:CERN)
- Trust Co. of Vermont cut its holdings in Cerner Co. (NASDAQ:CERN) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,410 shares of the company’s stock after selling 278 shares during the quarter. Trust Co. of Vermont’s holdings in Cerner were worth $302,000 […]
- 07/19/2020
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Exchange Traded Concepts LLC Has $334,000 Stake in Cerner Co. (NASDAQ:CERN)
- Exchange Traded Concepts LLC decreased its holdings in Cerner Co. (NASDAQ:CERN) by 79.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,870 shares of the company’s stock after selling 18,971 shares during the period. Exchange Traded Concepts LLC’s holdings in Cerner were worth […]
- 07/18/2020
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Cerner Co. (NASDAQ:CERN) Stake Decreased by Wesbanco Bank Inc.
- Wesbanco Bank Inc. lessened its stake in shares of Cerner Co. (NASDAQ:CERN) by 8.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,569 shares of the company’s stock after selling 325 shares during the quarter. Wesbanco Bank Inc.’s holdings in Cerner were worth […]
- 07/17/2020
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UAE Mars mission liftoff on Japan rocket reset for Monday
- The liftoff of a United Arab Emirates' Mars orbiter, delayed due to bad weather, is now set for Monday
- 07/17/2020
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Cerner Co. (NASDAQ:CERN) Shares Sold by IFM Investors Pty Ltd
- IFM Investors Pty Ltd cut its holdings in shares of Cerner Co. (NASDAQ:CERN) by 29.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,202 shares of the company’s stock after selling 9,686 shares during the period. IFM Investors Pty Ltd’s […]
- 07/16/2020
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CERN vs. TRHC: Which Stock Should Value Investors Buy Now?
- CERN vs. TRHC: Which Stock Is the Better Value Option?
- 07/16/2020
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Banner Health Adds Cerner’s Revenue Cycle Management
- EXPANDED STRATEGIC ALIGNMENT TO STREAMLINE TECHNOLOGY ACROSS ENTIRE SYSTEM IN SIX STATES KANSAS City, Mo., July 16, 2020 -- Banner Health and Cerner Corporation® (NASDAQ:.
- 07/16/2020
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Analysts Estimate Cerner (CERN) to Report a Decline in Earnings: What to Look Out for
- Cerner (CERN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/15/2020
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Cerner to Release Second Quarter 2020 Earnings Results July 29
- KANSAS CITY, Mo., July 15, 2020 -- Cerner Corporation (Nasdaq: CERN) today announced it will release its second quarter 2020 earnings results after the market closes Wednesday,.
- 07/15/2020
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Global e-Prescribing Market: Analysis and Forecast to 2026 - ResearchAndMarkets.com
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What Kind Of Shareholders Own Cerner Corporation (NASDAQ:CERN)?
- If you want to know who really controls Cerner Corporation (NASDAQ:CERN), then you'll have to look at the makeup of...
- 07/14/2020
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UAE's Mars orbiter launch from Japan delayed by weather
- The liftoff of the United Arab Emirates’ Mars orbiter has been postponed until Friday due to bad weather at the Japanese launch site
- 07/14/2020
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IMF: Mideast loses $270B oil income amid virus, recession
- The International Monetary Fund says the Middle East’s energy producers are expected to earn $270 billion less in oil revenue compared to last year
- 07/13/2020
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PatientSafe Solutions Recognized for Strong EMR Integration, Advanced Nurse Workflows, and Patient-Centered Care Team Communications in KLAS Report
- PatientSafe Solutions Recognized for Strong EMR Integration, Advanced Nurse Workflows, and Patient-Centered Care Team Communications in KLAS Report
- 07/13/2020
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Were Hedge Funds Right About Cerner Corporation (CERN) ?
- How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- 07/07/2020
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Thermometers in hand, Dubai opens for tourists amid pandemic
- Dubai is trumpeting the fact that it has reopened for tourism despite the coronavirus pandemic
- 07/07/2020
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Thermometers in hand, Dubai opens for tourists amid pandemic
- Dubai is trumpeting the fact that it has reopened for tourism despite the coronavirus pandemic
- 07/07/2020
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Dubai hotels ready to welcome foreign visitors as emirate reopens
- Dubai hotels ready to welcome foreign visitors as emirate reopens
- 07/07/2020
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Salesforce.com: Moving Toward Good Health (NYSE:CRM)
- Salesforce.com has a significant presence in the healthcare segment and there are indications of continued strong momentum.
- 07/06/2020
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Tabula Rasa HealthCare (TRHC) in Focus: Stock Moves 5.2% Higher
- Tabula Rasa HealthCare (TRHC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
- 07/06/2020
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3 Cheap MedTech Stocks Set to Gain Once Coronavirus Crisis Ebbs
- Once the pandemic-led crisis eases, these MedTech stocks will likely flourish on the back of number of positive developments.
- 07/06/2020
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UAE orders government shakeup as virus erodes economic gains
- The United Arab Emirates has announced a wide-ranging government shakeup
- 07/05/2020
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Israeli, UAE technology firms pen deal on virus research
- A government-linked technology company in the United Arab Emirates has signed a partnership with two major state-owned Israeli defense firms to research ways of combating the coronavirus pandemic
- 07/03/2020
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Israeli, UAE technology firms pen deal on virus research
- A government-linked technology company in the United Arab Emirates has signed a partnership with two major state-owned Israeli defense firms to research ways of combating the coronavirus pandemic
- 07/03/2020
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3 Stocks Growing Revenue Fast
- Their 5-year revenue per share growth rates top the S&P; 500 Continue reading...
- 07/02/2020
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The Unpopular Truth About Business Valuation: The Story Counts, Too
- Valuing a company is much more than evaluating the financial statements of a company and estimating an intrinsic value based on numbers. More often than not, in
- 07/02/2020
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Axa Increases Holdings in Cerner Co. (NASDAQ:CERN)
- Axa grew its holdings in Cerner Co. (NASDAQ:CERN) by 42.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 773,692 shares of the company’s stock after purchasing an additional 232,002 shares during the period. Axa’s holdings in Cerner were worth […]
- 07/02/2020
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CompuGroup Medical : completes acquisition of parts of Cerner's European hospital information system business | MarketScreener
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Pollster With Fake Staff Gave Top Grades to Firms Landing Deals - BNN Bloomberg
- Everyone knows Yelp reviews are unscientific.
- 07/01/2020
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4 Cheap MedTech Stocks Poised to Beat Industry Post-Pandemic
- Here are some MedTech stocks which might be a solid investment option post the coronavirus blues.
- 07/01/2020
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MIDEAST STOCKS-Banks buoy Qatar's index, DAMAC surges on buyout report
- day losing streak
* Aramex slides on trading ex-dividend
By Ateeq Shariff
July 1 (Reuters) - Qatar's banking shares ended higher on
Wednesday after two lenders in the sector said they had started
merger talks, while Dubai-listed DAMAC Properties surged on a
report its chairman might take it private.
The Qatar index advanced 1%, led by a 5% jump in
Masraf Al Rayan after it and Al Khaliji Commercial
Bank said they had started negotiating a potential
merger that could create a combined entity with more than 164
billion riyals ($45.04 billion) in total assets.
Al Khaliji Commercial Bank, which is not part of the index,
soared 10%.
"The potential merger will lead to the creation of one of
the largest Sharia'a (Islamic) compliant banks in Qatar and the
Middle East," the banks said in a filing.
QNB Financial Services in a research note said Al Khaliji
has a very liquid balance sheet position which could benefit
Masraf.
Saudi Arabia's benchmark index added 0.4%, helped by
a 7.3% rise in Dr Sulaiman Al-Habib Medical Services.
But Fawaz Abdulaziz Alhokair slid 4.2% after it
reported annual losses.
Dubai's main share index gave up early gains to
close steady, with logistic company Aramex shedding
4.9% after it traded ex-dividend.
Elsewhere, DAMAC Properties, owner of the only
Trump-branded golf club in the Middle East, jumped 7.2%,
following a Reuters report its chairman is weighing a buy out of
minority shareholders and taking the company private.
Hussain Sajwani, who founded the company nearly two decades
ago, has been exploring the deal since late 2019 after DAMAC's
share price plunged over the past two years, one of the sources
told Reuters on Tuesday.
In Abu Dhabi, the index traded flat, with First Abu
Dhabi Bank losing 0.9%.
** Egypt was closed for a public holiday.
SAUDI ARABIA rose 0.4% to 7,253 points
ABU DHABI was flat at 4,285 points
DUBAI was flat at 2,064 points
QATAR gained 1% to 9,088 points
BAHRAIN lost 0.4% to 1,272 points
OMAN added 0.1% to 3,518 points
KUWAIT eased 0.7% to 5,566 points
($1 = 3.6416 Qatar riyals)
(Reporting by Ateeq Shariff in Bengaluru. Editing by Jane
Merriman)
- 07/01/2020
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MIDEAST STOCKS-Masraf Al Rayan boosts Qatar, DAMAC surges on buyout report
- Qatar's stock market jumped on Wednesday, boosted by Masraf Al Rayan after the lender and Al Khaliji Commercial Bank said they had started merger talks, while Dubai-listed DAMAC Properties surged on a report its chairman might take it private.
- 07/01/2020
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Illinois-Wisconsin Health System Partners with Medicom Health to Lower Patient Prescription Costs
- New Electronic Medical Record Add-On Automates the Delivery of Rx Discounts at Enterprise Scale
- 06/30/2020
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CERN or TRHC: Which Is the Better Value Stock Right Now?
- CERN vs. TRHC: Which Stock Is the Better Value Option?
- 06/30/2020
|
Dan Biggar rules out France move and announces he's staying in England
- Biggar has put pen to paper on a new Northampton deal after being heavily linked with Beziers
- 06/30/2020
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MIDEAST STOCKS-Banks weigh on Saudi as most major Gulf markets ease
- day winning streak
* GCC economies expected to shrink by 7.6% this year - IMF
* Qatar aims to further ease coronavirus curbs from July 1
By Ateeq Shariff
June 30 (Reuters) - Most major Gulf stock markets fell on
Tuesday, with Saudi leading losses on the back of declines in
financial shares.
Saudi Arabia's benchmark index dropped 0.9%, with Al
Rajhi Bank down 1.1% while Samba Financial Group
fell 2.7%, ending three sessions of gains spurred by
an initial merger agreement with National Commercial Bank (NCB)
.
NCB, the kingdom's biggest lender, was down 0.3%.
A senior International Monetary Fund official said on
Tuesday that Gulf Cooperation Council (GCC) countries will see
their economies shrink by 7.6% this year amid low oil prices and
the new coronavirus crisis.
Dubai's main share index fell 0.7%, with most of
its constituents lower. Blue-chip developer Emaar Properties
declined 2.2%, while sharia-compliant lender Dubai
Islamic Bank was down 1%.
Fitch Ratings on Tuesday said Islamic banks in the United
Arab Emirates are not isolated from low oil prices and the
coronavirus pandemic.
In Qatar, which has the second highest tally of coronavirus
infections among the six Gulf Arab states, the index
dropped 0.6%, with Qatar National Bank down 1.3%.
The Gulf state aims to further ease coronavirus curbs from
July 1, allowing the limited reopening of restaurants, beaches
and parks as the infection rate subsides, authorities said.
Qatar has also announced that from Aug. 1, it will permit
flights from low-risk countries to resume, malls to operate at
full capacity and other markets at limited capacity.
The Abu Dhabi index added 0.2%, helped by a 1.8% rise
in the country's largest lender First Abu Dhabi Bank.
Outside the Gulf, Egypt's blue-chip index edged up
0.1%, with developer Talaat Mostafa gaining 1.2%
SAUDI ARABIA lost 0.9% to 7,224 points
ABU DHABI rose 0.2% to 4,286 points
DUBAI fell 0.7% to 2,065 points
QATAR eased 0.6% to 8,999 points
EGYPT up 0.1% to 10,765 points
BAHRAIN was flat at 1,278 points
OMAN lost 0.1% to 3,516 points
KUWAIT down 0.2% at 5,607 points
(Reporting by Ateeq Shariff in Bengaluru; Editing by Kirsten
Donovan)
- 06/30/2020
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Why Israel’s annexation plans matter for the region
- Decades of tensions could explode across the region
- 06/30/2020
|
Coronavirus: UAE records 421 new COVID-19 cases, one new death, 490 recoveries
- The United Arab Emirates reported 421 new coronavirus cases and one new coronavirus-related death on
- 06/30/2020
|
Perak striker eyes place in World Cup qualifying team
- PETALING JAYA: Striker Shahrel Fikri Md Fauzi is saving his best for the shortened Super League to secure a place in the 2022 World Cup-2023 Asia Cup team.
- 06/30/2020
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Coronavirus: UAE announces gradual reopening of mosques, places of worship July 1
- The United Arab Emirates has announced plans to gradually reopen mosques and places of worship
- 06/29/2020
|
IRFU remain intent on 20% pay cuts as players’ union gets to see books
- Two sides will meet for a fourth time on Wednesday in a bid to broker a deal
- 06/29/2020
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FACTBOX-Deals by major suppliers in the race for 5G
- Dec. 2019 - Picked alongside Nokia by Telefonica Deutschland, even as its parent said it would move to multiple suppliers for its core kit. 2019 – Supply agreements with Cambodia, United Arab Emirates telecoms company du, Malaysia’s Maxis , Vodafone Qatar and VIVA Bahrain, a subsidiary of Saudi state-controlled telecoms firm STC.
- 06/29/2020
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REFILE-MIDEAST STOCKS-Banks hold back Saudi as Qatar, Dubai extend losses
- chip index to 0.9% in table)
* Samba Financial Group extends gains
* Qatar to further ease coronavirus curbs
* Palm Hills falls on lower Q1 profit
By Ateeq Shariff
June 29 (Reuters) - Saudi Arabian stocks ended lower on
Monday, hurt by losses in banking shares, while the indexes in
Qatar and Dubai extended their retreat to a straight fourth day.
Saudi Arabia's benchmark index slipped 0.1% in
choppy trading, with National Commercial Bank (NCB),
which closed up 5% in the previous session, declining 4.5% and
Al Rajhi Bank losing 1%.
NCB, the kingdom's biggest lender, said on Thursday it had
signed an initial agreement with smaller lender Samba Financial
Group to create a combined entity with almost $214
billion in assets.
But Samba jumped 4.9%, adding to the previous session's
gains.
The offer would value each Samba share at 27.42 to 29.32
riyals ($7.82), giving it a maximum market value of $15.63
billion, 27.5% above its market value of nearly $12.3 billion
based on Wednesday's closing price.
In Qatar, which has the second highest tally of infections
among the six Gulf Arab states, the index declined 0.8%,
with most of its constituents trading lower. Petrochemical firm
Industries Qatar led the losers with a drop of 3%.
The Gulf state aims to further ease coronavirus curbs from
July 1, allowing the limited reopening of restaurants, beaches
and parks, as infections have passed their peak and the rate was
subsiding, authorities said.
Dubai's main share index edged down 0.2%, with
sharia-compliant lender Dubai Islamic Bank falling
0.8% and logistic firm Aramex down 1.7%.
The Abu Dhabi index dropped 0.7%, depressed by a 1.4%
fall in the country's largest lender First Abu Dhabi Bank
.
Outside the Gulf, the Egyptian blue-chip index fell
0.9%, hurt by a 1.2% fall in Commercial International Bank Egypt
.
Elsewhere, Palm Hills Development, which reported
a drop in first-quarter profit, retreated 1.2%.
SAUDI ARABIA eased 0.1% to 7,287 points
ABU DHABI lost 0.7% to 4,275 points
DUBAI fell 0.2% to 2,081 points
QATAR dropped 0.8% to 9,052 points
EGYPT down 0.9% to 10,750 points
BAHRAIN was flat at 1,278 points
OMAN eased 0.1% to 3,521 points
KUWAIT lost 0.6% to 5,620 points
($1 = 3.7508 riyals)
(Reporting by Ateeq Shariff in Bengaluru
Editing by Mark Heinrich)
- 06/29/2020
|
Cerner (NASDAQ:CERN) Downgraded by BidaskClub
- Cerner (NASDAQ:CERN) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Monday, BidAskClub reports. A number of other analysts have also recently commented on CERN. UBS Group lowered their price objective on shares of Cerner from $84.00 to $82.00 and […]
- 06/29/2020
|
IFM Investors reels in Brookfield for QCLNG assets auction
- Canadian investment bigwig Brookfield has joined the race for a $US2.5 billion-odd ($3.6 billion) stake in a bunch of Queensland gas infrastructure assets.
- 06/29/2020
|
Cheika linked to top job at French takeover target Beziers - France 24
- Cheika linked to top job at French takeover target Beziers
- 06/29/2020
|
Cheika linked to top job at French takeover target Beziers - RFI
- Cheika linked to top job at French takeover target Beziers
- 06/29/2020
|
Donors pledge $1.8 billion for Sudan's democratic transition
- Western and Arab countries have pledged a total $1.8 billion in aid to Sudan, to help the struggling African nation a year after pro-democracy protesters forced the removal of the country’s longtime autocratic ruler, Omar al-Bashir
- 06/26/2020
|
Donors pledge $1.8 billion for Sudan's troubled transition
- Foreign donor nations pledged $1.8 billion at a conference hosted by Germany to help Sudan ease an economic crisis hampering its transition towards democracy after the fall of strongman Omar al-Bashir.
- 06/26/2020
|
Israel, UAE Firms to Partner on Pandemic Showing Improving Ties - BNN Bloomberg
|
Sudan to receive $1.8bn aid to ease economic crisis
- Foreign donor nations pledged $1.8 billion at a conference hosted by Germany to help Sudan ease an economic crisis hampering its .
- 06/26/2020
|
Donors pledge $1.8 billion for Sudan’s troubled transition
- BERLIN/KHARTOUM (Reuters) – Foreign donor nations pledged $1.8 billion at a conference hosted by Germany to help Sudan ease an economic crisis hampering its transition towards democracy after…
- 06/26/2020
|
Where’s The M In FAANG? Here’s Why 2020 Belongs To Microsoft
- The year 2020 will belog to Microsoft, a central hub to the cloud trend with nearly every segment of its revenue driven by cloud. With Microsoft being nearly a pure play in cloud computing while boasting a $1.5 trillion market cap, the talking heads in media may need to find a new FAANG acronym.
- 06/26/2020
|
Egypt Threatens Invasion of Libya to Stop Turkey and Its Militia Allies
- President Sisi says Egypt desires peace and stability for neighboring Libya but is ready to intervene if a "red line" is crossed.
- 06/25/2020
|
Western and Arab countries pledge $1.8-billion for Sudan’s democratic transition
- Pledge comes one year after pro-democracy protesters ousted longtime autocratic ruler Omar al-Bashir
- 06/25/2020
|
Virgin Hyperloop tie up with jet parts maker to shape super high-speed travel
- Virgin Hyperloop has signed a partnership with key aerospace manufacturer Spirit AeroSystems
- 06/25/2020
|
Donors pledge $1.8 billion for Sudan's democratic transition
- BERLIN (AP) - Western and Arab countries pledged a total $1.8 billion in aid to Sudan on Thursday in efforts to help the struggling African nation, one year after pro-democracy protesters forced the removal of the country's longtime autocratic ruler, Omar al-Bashir.
The pledges from 40 countries, including an additional $400 million grant from the World Bank, came during a video conference hosted by Berlin, which marks the formal launch of the international community's financial support for Sudan's democratic transition after three decades of punitive sanctions and isolation under al-Bashir.
Germany's foreign minister, Heiko Maas, said that Thursday's conference was just the beginning on the path to helping Sudan, and that donors would reconvene early next year.
"We are extremely delighted, satisfied and happy with this response," said Sudanese Prime Minister Abdalla Hamdok, a former economist with the United Nations. "For 30 years, we have longed for this."
Although the conference presented an unprecedented amount of international support, pledges fell far short of the $8 billion Hamdok had previously said Sudan will need to rescue its plunging economy.
Sudan's interim government has been grappling with an economic crisis since it took office last year, also navigating a treacherous transition to civilian rule. On top of that, the coronavirus pandemic has exacerbated Sudan's economic despair, throwing millions of casual laborers out of work.
Drastic shortages of basic goods nationwide have generated deep frustration, forcing people to line up for hours to buy bread or get fuel. Many of Thursday's pledges will be used to fund an ambitious $1.9 billion cash transfer program to Sudan's neediest families, around 80% of the population, over the course of...
- 06/25/2020
|
Donors pledge $1.8 billion for Sudan's troubled transition
- Foreign donor nations pledged $1.8 billion at a conference hosted by Germany to help Sudan ease an economic crisis hampering its transition towards democracy after the fall of strongman Omar al-Bashir.
- 06/25/2020
|
Donors pledge $1.8 billion for Sudan's troubled transition
- Foreign donor nations pledged $1.8 billion at a conference hosted by Germany to help Sudan ease an economic crisis hampering its transition towards democracy after the fall of strongman Omar al-Bashir.
- 06/25/2020
|
Donors pledge $1.8 billion for Sudan's troubled transition
- The European Union pledged 312 million euros ($350.13 million), the United States $356.2 million, Germany 150 million euros, France 100 million euros, and Britain £150 million for humanitarian and development programmes, chief among them planned cash transfers to poor families with the help of the World Bank, officials said at the online event.
- 06/25/2020
|
Donors pledge $1.8 billion for Sudan's democratic transition
- BERLIN (AP) — Western and Arab countries pledged a total $1.8 billion in aid to Sudan on Thursday to help the struggling African nation a year after pro-democracy protesters forced the removal of...
- 06/25/2020
|
Gulf countries' virus infections double in a month to 400,000
- UAE and Saudi Arabia are taking the lead in reopening commercial businesses.
- 06/25/2020
|
Coronavirus update: US records its highest daily infection rise in two months
- The US records a one-day total of 34,700 new COVID-19 cases, the highest in two months, while scores of migrants arriving in Somalia are telling United Nations workers every day that they are unaware of COVID-19.
- 06/25/2020
|
Gulf coronavirus infections surpass 400,000, Reuters tally shows
- The United Arab Emirates announced late on Wednesday the lifting of a nightly curfew in place since mid-March as the daily number of infections fell from a peak of some 900 in late May to average between 300-400 in recent weeks. Neighbouring Saudi Arabia, which has the highest regional count at more than 170,600 infections and more than 1,400 deaths as of Thursday, ended its three-month curfew on Sunday.
- 06/25/2020
|
Embassy Group safeguards students appearing for their SSLC Exams during Covid-19 pandemic
- As the SSLC examinations have begun across Karnataka, Embassy Group, India's leading Real Estate company, has stepped up to promote student safety during the on-going Covid-19 pandemic.
- 06/25/2020
|
Saudi Arabian bank NCB and Samba in merger talks: Sources
- Saudi Arabia’s National Commercial Bank (NCB) and Samba Financial Group are in talks to create a
- 06/25/2020
|
MIDEAST STOCKS-Most Gulf shares fall as virus cases rise, banks support Saudi
- Sources
* QNB weighs on Qatar
By Maqsood Alam
June 25 (Reuters) - Most Gulf stock markets fell on Thursday as the number
of coronavirus cases across the region climbed, with Saudi's index the exception
as banking stocks lifted it to a slightly higher close.
The number of novel coronavirus cases in the six Gulf Arab states has
doubled in a month to more than 400,000, as the region's two biggest economies
this week fully lifted curfews imposed to combat the infection.
Saudi Arabia's benchmark index was up 0.3%. Samba Financial Group
(Samba) closed 4.1% higher before it and National Commercial Bank
(NCB), the country's largest lender, asked the stock exchange to
suspend trading for one session ahead of a material announcement.
Citing sources, Reuters reported that the lenders are in early talks about a
merger.
NCB, shares of which closed flat on Thursday, abandoned a plan to merge with
Riyad Bank in December. Riyad Bank closed 3.4%
higher.
Dubai's main share index lost 0.6%, weighed down by a 1.1% fall in
Emirates NBD Bank and a 0.7% drop in blue-chip developer Emaar
Properties.
Emirates NBD, Dubai's largest lender, began cutting hundreds of jobs this
week after the coronavirus crisis accelerated planned lay-offs, Reuters
reported, citing three sources.
Although the full scale of the redundancies was not immediately clear, one
source estimated Emirates NBD was cutting some 10% of its staff, equivalent to
around 800 people.
In Abu Dhabi the index retreated 1%, with First Abu Dhabi Bank
down 1.6%.
The Qatari index eased 0.4%, hurt by a 1.6% decline in the Gulf's
largest lender Qatar National Bank.
Fitch Ratings on Wednesday said that Qatar's banks are at risk of volatile
external funding conditions.
In Egypt, the index was down 1.3% with most of its constituents
falling. Commercial International Bank Egypt led the losers with a
drop of 2%.
SAUDI ARABIA gained 0.3% to 7,232 points
ABU DHABI declined 1% to 4,286 points
DUBAI fell 0.6% to 2,087 points
QATAR eased 0.4% to 9,185 points
EGYPT down 1.3% to 10,891 points
BAHRAIN slipped 0.1% to 1,279 points
OMAN was flat at 3,526 points
KUWAIT lost 0.2% at 5,657 points
(Reporting by Maqsood Alam in Bengaluru)
- 06/25/2020
|
Saudi Arabian bank NCB in merger talks with Samba: sources
- Saudi Arabia's National Commercial Bank (NCB) and Samba Financial Group are in talks to create a combined entity with almost $214 billion in assets, two sources familiar with the matter told Reuters.
- 06/25/2020
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Saviynt Announces Solution Partnership with Persistent Systems | | IT Business Net
- LOS ANGELES--(BUSINESS WIRE)--#IGA--Saviynt (www.saviynt.com), ranked in the top third of Inc. Magazine's 5000 fastest growing companies in the US, and leader in converging Identity Governance, A
- 06/25/2020
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Embassy Group Safeguards Students Appearing for Their SSLC Exams During Covid-19 Pandemic
- As a part of its Embassy Corporate Connect initiative that has supported various sections of society during the crisis, Embassy and its partners, Cerner, Cognizant, L&T Technology Services and AXA XL, have provided sanitizers for the 8.48 lakh students across 2897 centres for each day of the SSLC exams.
- 06/25/2020
|
'Floating on air': Virgin Hyperloop signs deal with key jet parts maker
- Virgin Hyperloop has signed a partnership with key aerospace manufacturer Spirit AeroSystems Holdings Inc, the companies told Reuters, a key step in making billionaire Richard Branson's futuristic vision of super high-speed travel a reality.
- 06/25/2020
|
MIDEAST STOCKS-Major Gulf markets retreat in early trade
- Major Gulf stock markets traded lower on Thursday, with Saudi Arabian shares hit by an International Monetary Fund (IMF) forecast of a deeper than anticipated recession in the country.
- 06/25/2020
|
Saviynt Announces Solution Partnership with Persistent Systems
- Saviynt (www.saviynt.com), ranked in the top third of Inc. Magazine’s 5000 fastest growing companies in the US, and leader in converging Identity Gove
- 06/25/2020
|
News Highlights: Top Energy News of the Day | MarketScreener
|
Louvre Abu Dhabi reopens to visitors with new safety measures
- The Louvre Abu Dhabi reopened on Wednesday after being closed for three months due to Covid-19 pandemic.
- 06/24/2020
|
Coronavirus: UAE records 450 new cases, two COVID-19 deaths
- The United Arab Emirates recorded 450 new coronavirus cases and two new COVID-19 deaths on Wednesday
- 06/24/2020
|
News Highlights: Top Energy News of the Day | MarketScreener
|
CORRECTED-MIDEAST STOCKS-Saudi index retreats on haj curbs; Egypt outperforms
- sources
* Egypt lifts night curfew, eases restrictions from Saturday
By Ateeq Shariff
June 24 (Reuters) - Saudi Arabian shares ended lower on
Wednesday, following the kingdom's decision to bar visitors from
abroad from the annual haj pilgrimage due to the coronavirus,
while the Egyptian bourse advanced with broad-based gains among
its constituents.
Saudi Arabia's benchmark index was down 0.7%, hurt
by a 1.9% fall in Al Rajhi Bank and a 1.4% decline in
petrochemical firm Saudi Basic Industries.
The kingdom is to limit the number of domestic haj pilgrims
to around 1,000 to prevent the spread of the coronavirus, after
barring Muslims abroad from the rite for the first year in
modern times.
Official data showed that Saudi Arabia earns around $12
billion a year from haj and the year-round pilgrimage umrah.
Egypt's blue-chip index closed 2.6%, with 27 of the
30 stocks in the index rising, including heavyweight Commercial
International Bank, which advanced 2%.
Egypt will from Saturday lift a night-time curfew that had
been in force since March 25 to curb the spread of the novel
coronavirus, and reopen restaurants, cafes, and places of
worship, albeit with limits on the numbers visiting, the
government said.
Dubai's main share index fell 1%, with
sharia-compliant lender Dubai Islamic Bank shedding
1.8% and Emirates NBD Bank losing 1.1%.
Emirates NBD began cutting hundreds of jobs this week after
the impact of the coronavirus crisis accelerated planned
lay-offs, Reuters reported, citing three sources.
Although the full scale of the redundancies was not
immediately clear, one source estimated that the lender is
cutting some 10% of its staff, equivalent to around 800 people.
The Abu Dhabi index edged up 0.2%, helped by a 4.7%
gain in aquaculture firm International Holding.
Qatar's index was down 0.4%, with petrochemical firm
Industries Qatar declining 1.2% and Qatar Islamic Bank
easing 0.7%.
SAUDI ARABIA eased 0.7% to 7,213 points
ABU DHABI up 0.2% to 4,330 points
DUBAI fell 1% to 2,099 points
QATAR lost 0.4% to 9,226 points
EGYPT up 2.6% to 11,040 points
BAHRAIN was flat at 1,281 points
OMAN was flat at 3,525 points
KUWAIT gained 1.5% at 5,669 points
(Reporting by Ateeq Shariff in Bengaluru; editing by Emelia
Sithole-Matarise)
- 06/24/2020
|
UAE’s flydubai to resume flights from July 7 as Dubai eases coronavirus lockdown
- United Arab Emirates airline flydubai on Wednesday said it would resume some regular scheduled
- 06/24/2020
|
3 Big Data Health Stocks to Watch in 2020 | The Motley Fool
- Big data is becoming a big factor in the healthcare industry.
- 06/24/2020
|
News Highlights: Top Energy News of the Day | MarketScreener
|
UAE begins world's first phase III clinical trial of Covid-19 vaccine
- If successful, the vaccine could enter the market by the end of 2020 or early 2021.
- 06/24/2020
|
News Highlights: Top Energy News of the Day | MarketScreener
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Abu Dhabi Gets $10 Billion Deal -- WSJ | MarketScreener
|
GIP, Brookfield invest $10bn in Abu Dhabi gas infrastructure
- Consortium to take 49% stake in company with lease rights to pipelines across UAE
- 06/24/2020
|
News Highlights: Top Energy News of the Day | MarketScreener
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The Global Cardiology Information System Market is expected to grow from USD 240.72 Million in 2019 to USD 410.47 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.30%
- Market Segmentation & Coverage: This research report categorizes the Cardiology Information System to forecast the revenues and analyze the trends in each of the following sub-markets:
- 06/24/2020
|
Coronavirus: UAE launches phase 3 clinical trial of inactivated COVID-19 vaccine
- The United Arab Emirates has launched the world’s first phase III clinical trial of an inactivated
- 06/23/2020
|
Utilities Down As Treasury Yields Tick Up -- Utilities Roundup
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News Highlights: Top Company News of the Day
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News Highlights: Top Energy News of the Day | MarketScreener
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News Highlights: Top Company News of the Day
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News Highlights: Top Company News of the Day
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High-powered United Arab Emirates group interested in West Ham takeover
- West Ham are the latest Premier League side to be linked with a huge takeover bid from powerful Middle East based investors - which could come as good news for supporters that have grown frustrated in David Sullivan and David Gold
- 06/23/2020
|
List 2/4 of sports events affected by coronavirus pandemic
- CANOE-KAYAK African Olympic canoe slalom qualifier in Basel, Switzerland from March 14-15 canceled. Pan American canoe slalom championships (Olympic qualifier) in Rio de Janeiro from...
- 06/23/2020
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News Highlights: Top Company News of the Day
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News Highlights: Top Energy News of the Day | MarketScreener
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Here's Why You Should Hold on to Cerner (CERN) Stock Now
- Cerner (CERN) continues to gain from solid prospects in EHR and strategic deals. However, intense competition remains a woe.
- 06/23/2020
|
Saudi Arabia bans international pilgrims from Hajj over coronavirus fears
- SAUDI ARABIA has banned pilgrims entering the country for Hajj this year in an attempt to curb coronavirus. This year the kingdom will only allow a limited number of citizens and residents inside t…
- 06/23/2020
|
GIP, Brookfield Invest $10 Billion In Abu Dhabi Gas Infrastructure | MarketScreener
|
MIDEAST STOCKS-Saudi quiet amid haj curbs on foreigners; Dubai extends gains
- Fitch Ratings
By Ateeq Shariff
June 23 (Reuters) - Saudi Arabian shares closed up on
Tuesday, reversing earlier losses following the kingdom's
decision to bar arrivals from abroad to attend the annual haj
pilgrimage due to the coronavirus, while property shares boosted
Dubai's index.
Saudi Arabia's benchmark index ended up 0.1%, helped
by a 2.2% gain in Dr Sulaiman Al-Habib Medical Services
.
The kingdom is to limit the number of domestic pilgrims to
around 1,000 to prevent the spread of the coronavirus, after
barring Muslims abroad from the rite for the first year in
modern times.
Official data showed that Saudi Arabia earns around $12
billion a year from haj and the year-round pilgrimage umrah.
The week-long haj is due to start by the end of July.
Dubai's main share index advanced 1.4%, extending
gains from the previous session after the emirate announced on
Sunday that it would allow tourists to enter from July 7 in a
further easing of its coronavirus-related lockdown.
Emaar Malls, owner and operator of the world's
largest shopping centre Dubai Mall, surged 7.4%, whereas its
parent company Emaar Properties was up 1.8%.
The Abu Dhabi index eased 0.6%, driven down by a 1.4%
fall in the country's largest lender First Abu Dhabi Bank
.
On Monday, rating agency Fitch said asset quality of United
Arab Emirates banks is under pressure.
The Qatari index was flat, with Qatar National Bank
rising 1.7%.
The lender is set to raise 1.2 billion Chinese yuan ($169.87
million) through five-year bonds it sold on Monday with a 3.85%
annual rate.
The blue-chip index in Egypt gained 0.2%, bolstered
by a 6.6% increase in investment bank EFG Hermes.
Egypt will from Saturday lift a night-time curfew that had
been imposed since March 25 to curb the spread of the new
coronavirus, the prime minister's media adviser said.
SAUDI ARABIA rose 0.1% to 7,265 points
ABU DHABI lost 0.6% to 4,320 points
DUBAI rose 1.4% to 2,121 points
QATAR was flat at 9,261 points
EGYPT up 0.2% to 10,765 points
BAHRAIN edged up 0.1% to 1,280 points
OMAN added 0.4% to 3,525 points
KUWAIT advanced 1.5% at 5,588 points
($1 = 7.0641 Chinese yuan renminbi)
(Reporting by Ateeq Shariff in Bengaluru; Editing by Shailesh
Kuber)
- 06/23/2020
|
GIP, Brookfield Invest $10 Billion In Abu Dhabi Gas Infrastructure
- The consortium will acquire a 49% stake in gas pipelines operated by the United Arab Emirates’ national oil company, a deal that marries yield-hungry funds with a country battered by low oil prices and the coronavirus pandemic.
- 06/23/2020
|
CompuGroup Medical Societas Europaea : successfully completes placement of shares over approx. EUR 341 million to finance further growth | MarketScreener
|
Balyasny Asset Management LLC Purchases New Holdings in Cerner Co. (NASDAQ:CERN)
- Balyasny Asset Management LLC purchased a new stake in Cerner Co. (NASDAQ:CERN) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,492 shares of the company’s stock, valued at approximately $661,000. Other large investors have also recently modified their holdings […]
- 06/23/2020
|
GIP, Brookfield invest $10B in Abu Dhabi gas infrastructure
- Infrastructure funds such as New York-based GIP, Canada’s Brookfield, Blackstone Group Inc. and BlackRock Inc. have all raised multibillion-dollar poo...
- 06/23/2020
|
West Ham's restart bubble has already burst and Moyes is on the brink
- Out of the relegation zone at the time of suspension, it's fair to say the Hammers had more to lose than most from Project Restart and a spiral of negativity is affecting them now.
- 06/22/2020
|
MIDEAST STOCKS-Dubai gains on further lockdown easing; Saudi retreats
- year bonds
By Ateeq Shariff
June 22 (Reuters) - The Dubai stock market advanced on
Monday after the emirate said it would allow tourists to enter
from July 7 in a further easing of its coronavirus lockdown,
while the Saudi bourse retreated with broad-based losses among
its constituents.
Dubai's main share index rose 1.6%, with
sharia-compliant lender Dubai Islamic Bank and
Emirates NBD Bank both up 1.8%. Budget airline Air
Arabia jumped 5.3%.
Dubai will also allow those with residency visas to enter
from Monday, the government media office said in a statement on
Sunday, more than two months after the United Arab Emirates
(UAE) introduced strict measures to curb the spread of the new
coronavirus.
Last week, the UAE allowed citizens and residents to travel
to countries deemed low-risk for catching the coronavirus.
Saudi Arabia's benchmark index retreated 1.2%,
pulled down by a 2.3% fall in petrochemical firm Saudi Basic
Industries and a 2.7% decline in Riyad Bank.
"It's not surprising that the market is weak, since there is
no catalyst left," an analyst said, as the kingdom completed the
final phase of joining the FTSE emerging market index.
The Abu Dhabi index edged up 0.3%, supported by a
0.8% gain in Emirates Telecommunications.
In Qatar, the index lost 0.3%, driven by a 3.2% slide
in Qatar International Islamic Bank. However, the
index's fall was cushioned by a 0.5% rise in Qatar National Bank
(QNB).
The Gulf's biggest lender by assets is set to raise 1.2
billion Chinese yuan ($169.61 million) through the sale of 3.85%
five-year bonds on Monday
Egypt's blue-chip index fell 0.8% with Commercial
International Bank down 1.3%, while tobacco monopoly
Eastern Company fell 4.5%.
SAUDI ARABIA fell 1.2% to 7,260 points
ABU DHABI added 0.3% to 4,347 points
DUBAI rose 1.6% to 2,091 points
QATAR lost 0.3% to 9,261 points
EGYPT down 0.8% to 10,742 points
BAHRAIN gained 0.3% to 1,279 points
OMAN eased 0.4% to 3,510 points
KUWAIT was up 0.4% at 5,506 points
($1 = 7.0752 Chinese yuan renminbi)
(Reporting by Ateeq Shariff in Bengaluru; Editing by Kirsten
Donovan)
- 06/22/2020
|
Emirates Sees More Passenger Traffic Across Its Network - BNN Bloomberg
- Emirates said it’s seeing a positive trend of traffic building up across its network as it adds flights to more destinations and Dubai eases travel restrictions.
- 06/22/2020
|
Inspira Health’s Tom Baldosaro Honored as a “CFO of the Year” by the Philadelphia Business Journal
- Inspira Health announced that Chief Financial Officer Tom Baldosaro was selected by the Philadelphia Business Journal as a 2020 “CFO of the Year.” Bal
- 06/22/2020
|
U.S. Cases Up 1.2%; Dutch Police, Protesters Clash: Virus Update - BNN Bloomberg
- California’s new cases rose by a record and Florida infections jumped more than the weekly average, more signs of a possible resurgence of coronavirus in U.S. Sun Belt states. U.S. infections rose 1.2%.
- 06/21/2020
|
Foreign Tourists to be Allowed to Visit Dubai from July 7
- It said those entering would have to present certificates to show they had recently tested negative for the coronavirus or would undergo tests on arrival at Dubai airports
- 06/21/2020
|
Dubai Eases Air Travel Restrictions for Tourists And Residents - BNN Bloomberg
- Dubai will begin allowing tourists into the Middle East business hub from July 7 for the first time since the United Arab Emirates imposed travel restrictions because of the coronavirus.
- 06/21/2020
|
Yemen President’s Aide Says Saudi Intervention Has Failed - BNN Bloomberg
- An aide to Yemen President Abd Rabbuh Mansur Hadi says the intervention of a Saudi Arabia-led coalition in his country’s civil war has been a failure, the first time a senior Yemeni official has asserted that publicly.
- 06/21/2020
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