Fresh Del Monte Produce Inc. Announces Participation in TD Cowen's 2nd Annual Sip, Snack & Scrub Summit
- CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. Announces Participation in TD Cowen's 2nd Annual Sip, Snack & Scrub Summit.
- 08/27/2024
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TD Cowen upgrades Starbucks to buy
- Andrew Charles, TD Cowen research analyst, joins 'Money Movers' to discuss the similarities between Brian Niccol's position with Starbucks now and Chipotle some years ago, how Niccol was able to impact Chipotle, and more
- 08/13/2024
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Cingulate stock surges 115% after European patent approval for ADHD treatment: Is it a buy?
- Cingulate Inc (NASDAQ: CING), a biopharmaceutical firm specializing in innovative ADHD treatments, experienced a remarkable surge in its stock price on Friday, with shares skyrocketing by 115%. This dramatic increase is attributed to the company's recent achievement of securing a European patent for CTx-1301, its flagship ADHD treatment.
- 08/07/2024
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Epic Games strikes back at Apple by launching free AltStore PAL in EU
- Epic Games has intensified its rivalry with Apple by offering the alternative app store, AltStore PAL, for free in the EU. Will the move help gamers in Europe?
- 08/07/2024
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FLEX Coin struggles as CoinFLEX creditors woes worsen after OPNX closure
- In recent months, FLEX Coin has experienced significant price volatility, reflecting broader turbulence within its parent platform, CoinFLEX. The token, which had reached an all-time high of $8.16 in August 2023, has since plunged by over 90%, currently trading around $0.71.
- 08/07/2024
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Google's antitrust ruling draws parallels to Microsoft's 25-year-old case: Here's how
- A significant ruling by US Judge Amit Mehta has determined that Google holds a monopoly in the internet search market, reminiscent of the historic antitrust case against Microsoft. This judgment has marked a pivotal moment in the ongoing scrutiny of major technology companies and their market practices.
- 08/07/2024
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Long NVDA: anticipating a bullish breakout as dominance in AI and data center markets strengthens
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Rio Tinto, BHP shares are at risk as iron ore, copper prices sink
- Rio Tinto (LON: RIO) and BHP (ASX: BHP) share prices have dropped sharply this year and the situation could worsen as iron ore sinks. In Australia, BHP shares have fallen for four consecutive weeks and were trading at A$39.73, down by 20% from the year-to-date high of $50.
- 08/07/2024
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Short SHOP: Shopify Posts Strong Q2 Earnings but Bearish Rejection Pattern Signals Short-Term Trade Opportunity
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TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?
- Molson Coors Beverage Company (NYSE: TAP) is in the spotlight today following a downgrade by TD Cowen. Despite Molson Coors posting better-than-expected Q2 earnings and reaffirming its 2024 outlook yesterday, TD Cowen adjusted its rating on the company, moving from a Buy to a Hold, and lowering the price target from $68 to $58.
- 08/07/2024
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This Bitcoin price chart should cheer all of BTC bulls
- Bitcoin (BTC) price has remained in a holding pattern in the past two weeks as it continued to underperform American equities, which had their best week in over nine months.
- 08/07/2024
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Which housing stock—Builders FirstSource or Cavco—is a better buy before Fed rate cut?
- Investors are gearing up for significant opportunities in the housing sector with expectations that the US Federal Reserve will announce its first rate cut in September. Jay McCanless, an analyst at Wedbush, advises increasing exposure to housing stocks as lower mortgage rates typically enhance home affordability and stimulate housing demand.
- 08/07/2024
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Xpeng stock price sits at a key support: Aug 20 will be key
- 2024 has not been a good year for Chinese electric vehicle (EV) stocks even as most of them continued to ramp up their production and deliveries.
- 08/07/2024
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TD Cowen's Dan Brennan on why he's bullish on Tempus
- Dan Brennan, senior analyst at TD Cowen, joins CNBC's 'The Exchange' to discuss his price target on Tempus, AI in diagnostics, and more.
- 07/09/2024
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TD Cowen's Ritu Bara talks Sarepta stock skyrocketing on FDA gene therapy approval
- Ritu Baral, TD Cowen Sr. Biotechnology Analyst, joins 'Closing Bell Overtime' to talk Sarepta's approval from the FDA for its Duchenne gene therapy and how it drove the stock to its best trading day in a year.
- 06/21/2024
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Tenaya Therapeutics to Participate at the TD Cowen Genetic Medicines & RNA Summit
- SOUTH SAN FRANCISCO, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Tenaya Therapeutics, Inc. (NASDAQ: TNYA), a clinical-stage biotechnology company with a mission to discover, develop and deliver potentially curative therapies that address the underlying causes of heart disease, today announced that Faraz Ali, Chief Executive Officer, will participate in the TD Cowen Genetic Medicines & RNA Summit on Friday, June 21, 2024, at 11:20 am ET.
- 06/18/2024
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Ionis to present at TD Cowen Genetic Medicines & RNA Summit
- CARLSBAD, Calif. , June 17, 2024 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced that management will participate in a fireside chat at the virtual TD Cowen Genetic Medicines & RNA Summit on Thursday, June 20, 2024.
- 06/17/2024
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Generation Bio to Present at the 2024 TD Cowen Genetic Medicines & RNA Summit
- CAMBRIDGE, Mass., June 14, 2024 (GLOBE NEWSWIRE) -- Generation Bio Co. (Nasdaq:GBIO) a biotechnology company innovating genetic medicines for people living with rare and prevalent diseases, announced that Geoff McDonough, M.D., president and chief executive officer, will participate in a fireside chat at the virtual 2024 TD Cowen Genetic Medicines & RNA Summit on Friday, June 21st, 2024 at 1:50 p.m. ET.
- 06/14/2024
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The Toronto-Dominion Bank (TD) TD Cowen's 8th Annual Future of the Consumer Conference (Transcript)
- The Toronto-Dominion Bank (NYSE:TD ) TD Cowen's 8th Annual Future of the Consumer Conference June 6, 2024 8:30 AM ET Company Participants Riaz Ahmed - Group Head, Wholesale Banking Conference Call Participants Mario Mendonca - TD Cowen Mario Mendonca Good morning, everyone, and thank you for joining us. Riaz, a special thank you to you to get us -- helping us get started on this conference.
- 06/06/2024
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Lululemon's risk is to the upside, says Cowen's John Kernan
- Cowen's John Kernan, joins 'Closing Bell' to discuss Lululemon ahead of the company reporting after the bell.
- 06/05/2024
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Aaron's to Participate in TD Cowen's Financial Services & Fintech Summit
- ATLANTA , June 5, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will participate in the TD Cowen Financial Services & Fintech Summit on Thursday, June 6, 2024, at 3:05 p.m Eastern Time. TD Cowen will host a fireside chat with Chief Financial Officer C.
- 06/05/2024
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Virgin Galactic Announces Participation in TD Cowen's 8th Annual Future of the Consumer Conference
- ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will participate in TD Cowen's Future of the Consumer Conference on Wednesday, June 5, 2024 at 10:50am ET. A fireside chat with CEO Michael Colglazier will be webcast live and available on the Events and Presentations section of the Virgin Galactic Investors Relations website at investors.virgingalactic.com. About Virgin Galactic Virgin Galactic is an.
- 06/03/2024
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Warby Parker Announces Participation in the TD Cowen 8th Annual Future of the Consumer Conference
- NEW YORK--(BUSINESS WIRE)--Warby Parker Inc. (NYSE: WRBY) (the “Company”), a direct-to-consumer lifestyle brand focused on vision for all, today announced that the Company will be presenting at the TD Cowen 8th Annual Future of the Consumer Conference on Tuesday, June 4, 2024 at 2:25 p.m. Eastern Time. The presentation will be webcast live over the internet and can be accessed at https://investors.warbyparker.com/. An online archive will be available for a period of 90 days following the presen.
- 05/31/2024
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Restaurant Brands International Inc. to Participate in TD Cowen's Annual Future of the Consumer Conference
- TORONTO , May 31, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Sami Siddiqui, Chief Financial Officer, will participate in a fireside chat at TD Cowen's Annual Future of the Consumer Conference on June 4, 2024 at 3:05pm Eastern Time. A live audio webcast will be available on the company's investor relations website ( http://rbi.com/investors ) and will be available for 30 days following the event.
- 05/31/2024
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Bread Financial™ to Participate in the TD Cowen Financial Services & Fintech Summit
- COLUMBUS, Ohio, May 30, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company's participation in the TD Cowen Financial Services & Fintech Summit on Friday, June 7.
- 05/30/2024
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Take-Two Interactive Software, Inc. to Present at TD Cowen 52nd Annual Technology, Media & Telecom Conference
- NEW YORK--(BUSINESS WIRE)--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that Strauss Zelnick, the Company's Chairman and Chief Executive Officer, plans to participate in a Fireside Chat at the TD Cowen 52nd Annual Technology, Media & Telecom Conference. The Company's presentation is scheduled for Thursday, May 30, 2024 at 1:50 p.m. Eastern Time. A link to the live webcast of the presentation will be available via the Company's website at http://take2games.com/ir. A rep.
- 05/29/2024
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Vital Farms to Participate in TD Cowen 8th Annual Future of the Consumer Conference
- AUSTIN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that Thilo Wrede, Chief Financial Officer, will participate in the TD Cowen 8th Annual Future of the Consumer Conference on June 4, 2024, in New York, NY.
- 05/28/2024
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Lattice Semiconductor to Present at the 52nd Annual TD Cowen Technology, Media & Telecom Conference
- HILLSBORO, Ore.--(BUSINESS WIRE)---- $LSCC #FPGA--Lattice Semiconductor Corporation (Nasdaq: LSCC), the low power programmable leader, today announced that it will present at the 52nd Annual TD Cowen Technology, Media & Telecom Conference on Thursday, May 30, 2024, at the InterContinental New York Barclay. Sherri Luther, Chief Financial Officer, and Esam Elashmawi, Chief Strategy and Marketing Officer, will discuss Lattice Semiconductor's strategy and recent financial results. A fireside chat with institut.
- 05/24/2024
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Cullinan Therapeutics to Participate in Fireside Chat at TD Cowen 5th Annual Oncology Innovation Summit
- CAMBRIDGE, Mass., May 24, 2024 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced that Nadim Ahmed, Chief Executive Officer and Jeffrey Jones, MD, MBA, Chief Medical Officer, will participate in a fireside chat at the TD Cowen 5th Annual Oncology Innovation Summit: Insights for ASCO & EHA, being held virtually on May 28 and 29, 2024.
- 05/24/2024
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Coherus Management to Present at the TD Cowen 5th Annual Oncology Innovation Virtual Summit: Insights for ASCO & EHA
- REDWOOD CITY, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (Coherus, Nasdaq: CHRS) today announced that senior management will present at the upcoming TD Cowen 5th Annual Oncology Innovation Virtual Summit: Insights for ASCO & EHA on Wednesday, May 29, 2024 at 12:00 p.m. Eastern Daylight Time / 9:00 a.m. Pacific Daylight Time. The presentation will be accessible via Webcast through a link on the Investor Events and Presentations section of the Coherus website: https://investors.coherus.com/events-presentations. This webcast will be available for replay until June 26, 2024.
- 05/23/2024
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Allogene Therapeutics Announces Participation in the TD Cowen 5th Annual Oncology Innovation Summit
- SOUTH SAN FRANCISCO, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) products for cancer and autoimmune disease, today announced it will participate in the TD Cowen 5th Annual Oncology Innovation Summit.
- 05/23/2024
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Mobix Labs to Participate in TD Cowen's 52nd Annual Technology, Media & Telecom Conference
- IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”), a fabless semiconductor company developing next-generation connectivity solutions spanning wired and advanced wireless systems, will attend TD Securities' 52nd Annual Technology, Media & Telecom Conference taking place May 28 - 30, 2024, at the InterContinental New York Barclay in New York, NY. The conference incorporates presentations, fireside chats and innovative panel discussions, hosted by members of the T.
- 05/23/2024
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Brilliant Earth Announces Participation in TD Cowen 8th Annual Future of the Consumer Conference
- SAN FRANCISCO, May 22, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in the TD Cowen 8th Annual Future of the Consumer Conference being held at the Conrad New York Downtown in New York, New York.
- 05/22/2024
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G1 Therapeutics to Participate in TD Cowen's 5th Annual Oncology Innovation Summit
- RESEARCH TRIANGLE PARK, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- G1 Therapeutics, Inc. (Nasdaq: GTHX), a commercial-stage oncology company, today announced that G1's Chief Medical Officer Dr. Raj Malik and Chief Commercial Officer Andrew Perry will participate in a fireside chat at TD Cowen's 5th Annual Oncology Innovation Summit: Insights for ASCO & EHA, on Wednesday, May 29, at 8:30AM EDT.
- 05/22/2024
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UroGen Pharma to Present at the TD Cowen 5th Annual Oncology Innovation Summit
- PRINCETON, N.J.--(BUSINESS WIRE)--UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced that management will participate in a virtual fireside chat at the TD Cowen 5th Annual Oncology Innovation Summit on Tuesday, May 28, 2024 at 3:20 PM ET. A live webcast of the fireside chat can be accessed by visiting the Events and Presentations Section of the Company's website: https.
- 05/22/2024
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FREYR Battery to Participate in TD Cowen's Sustainability Week Conference
- NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, is pleased to confirm that FREYR's Co-founder and Executive Chair, Tom Einar Jensen, will participate in TD Cowen's 2nd Annual Sustainability Week virtual conference on Wednesday, May 22, 2024. Mr. Jensen will be part of a fireside chat at 3:45 pm EDT. About FREYR Battery FREYR Battery is a developer of clean, next.
- 05/21/2024
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Li-Cycle to Participate in TD Cowen's Sustainability Week Conference
- TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, is pleased to announce that its CEO and co-founder, Ajay Kochhar, will participate in TD Cowen's 2nd Annual Sustainability Week conference on Wednesday, May 22, 2024. Mr. Kochhar will participate in a fireside chat at 3:05 p.m. ET. About Li-Cycle Holdings Corp. Li-Cycle (NYSE: LICY) is a leading global lithium-ion battery resource recovery.
- 05/21/2024
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Protara Therapeutics to Present at the TD Cowen 5th Annual Oncology Innovation Summit
- NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- Protara Therapeutics, Inc. (Nasdaq: TARA), a clinical-stage company developing transformative therapies for the treatment of cancer and rare diseases, today announced that management will participate in a virtual fireside chat at the TD Cowen 5th Annual Oncology Innovation Summit on Tuesday, May 28, 2024 at 3:00 pm ET.
- 05/21/2024
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Watts Water Technologies, Inc. to Present During the TD Cowen 2nd Annual Sustainability Virtual Conference 2024
- NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) today announced that Shashank Patel, Chief Financial Officer and Diane McClintock, Senior Vice President FP&A and Investor Relations will virtually present in the TD Cowen 2nd Annual Sustainability Virtual Conference on Wednesday, May 22, 2024 at 10:10 AM (Eastern Time) and will subsequently participate in investor meetings. Watts Water Technologies, Inc., through its family of companies, is a global manufactu.
- 05/20/2024
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Cognyte to Participate in the TD Cowen 52nd Annual Technology, Media & Telecom Conference
- HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte CEO Elad Sharon & CFO David Abadi to hold a fireside chat at the TD Cowen Annual Technology, Media & Telecom Conference on May 29, 2024.
- 05/20/2024
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Ironwood Investment Counsel LLC Sells 268 Shares of NVIDIA Co. (NASDAQ:NVDA)
- Ironwood Investment Counsel LLC reduced its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 6.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,978 shares of the computer hardware maker’s stock after selling 268 shares during the period. Ironwood Investment Counsel LLC’s holdings in NVIDIA were worth $1,970,000 as of its most recent filing with the SEC. Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LFA Lugano Financial Advisors SA bought a new stake in NVIDIA in the 4th quarter worth about $28,000. Criterion Capital Advisors LLC bought a new position in shares of NVIDIA in the fourth quarter valued at approximately $28,000. Your Advocates Ltd. LLP bought a new position in shares of NVIDIA in the third quarter valued at approximately $30,000. Trivant Custom Portfolio Group LLC increased its position in shares of NVIDIA by 44.1% during the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock valued at $43,000 after acquiring an additional 30 shares during the last quarter. Finally, O Brien Wealth Partners LLC boosted its position in NVIDIA by 139.5% in the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after purchasing an additional 53 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors. Insider Activity In related news, Director Mark A. Stevens sold 5,000 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $800.74, for a total transaction of $4,003,700.00. Following the transaction, the director now owns 1,119,583 shares in the company, valued at approximately $896,494,891.42. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Mark A. Stevens sold 5,000 shares of NVIDIA stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $800.74, for a total value of $4,003,700.00. Following the sale, the director now directly owns 1,119,583 shares in the company, valued at approximately $896,494,891.42. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the completion of the sale, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 61,278 shares of company stock valued at $52,689,898. Insiders own 4.23% of the company’s stock. NVIDIA Stock Performance NVIDIA stock opened at $924.79 on Monday. The firm has a fifty day simple moving average of $882.98 and a two-hundred day simple moving average of $687.42. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. NVIDIA Co. has a twelve month low of $298.06 and a twelve month high of $974.00. The company has a market capitalization of $2.27 trillion, a PE ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $20.40 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The business’s revenue was up 265.3% on a year-over-year basis. Research analysts expect that NVIDIA Co. will post 22.9 EPS for the current year. NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA’s payout ratio is 1.34%. Wall Street Analyst Weigh In Several brokerages have recently issued reports on NVDA. TD Cowen raised their target price on NVIDIA from $900.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of NVIDIA from $720.00 to $850.00 and gave the stock a “hold” rating in a research report on Wednesday, March 20th. Morgan Stanley raised their price target on shares of NVIDIA from $795.00 to $1,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Evercore ISI started coverage on NVIDIA in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $1,160.00 price objective on the stock. Finally, Sanford C. Bernstein raised their target price on NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Four analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $966.55. Read Our Latest Stock Analysis on NVIDIA NVIDIA Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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First United Bank & Trust Purchases 117 Shares of NVIDIA Co. (NASDAQ:NVDA)
- First United Bank & Trust raised its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,150 shares of the computer hardware maker’s stock after purchasing an additional 117 shares during the quarter. First United Bank & Trust’s holdings in NVIDIA were worth $2,055,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently modified their holdings of NVDA. Sycomore Asset Management boosted its position in NVIDIA by 1.6% in the third quarter. Sycomore Asset Management now owns 69,222 shares of the computer hardware maker’s stock valued at $28,803,000 after buying an additional 1,102 shares in the last quarter. Arbor Capital Management Inc. ADV lifted its stake in shares of NVIDIA by 9.0% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 570 shares of the computer hardware maker’s stock valued at $238,000 after acquiring an additional 47 shares during the last quarter. Dubuque Bank & Trust Co boosted its holdings in shares of NVIDIA by 80.5% during the 3rd quarter. Dubuque Bank & Trust Co now owns 1,769 shares of the computer hardware maker’s stock valued at $769,000 after acquiring an additional 789 shares in the last quarter. Brady Family Wealth LLC grew its position in NVIDIA by 3.6% during the 3rd quarter. Brady Family Wealth LLC now owns 2,487 shares of the computer hardware maker’s stock worth $1,082,000 after acquiring an additional 86 shares during the last quarter. Finally, ING Groep NV increased its holdings in NVIDIA by 28.8% in the 3rd quarter. ING Groep NV now owns 1,322,475 shares of the computer hardware maker’s stock worth $575,263,000 after purchasing an additional 295,618 shares in the last quarter. Institutional investors own 65.27% of the company’s stock. Insider Buying and Selling at NVIDIA In other news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the transaction, the director now owns 1,052,133 shares in the company, valued at $925,845,476.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the sale, the director now owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. Insiders have sold a total of 61,278 shares of company stock valued at $52,689,898 over the last three months. 4.23% of the stock is currently owned by insiders. Wall Street Analyst Weigh In Several analysts have recently weighed in on NVDA shares. Susquehanna restated a “positive” rating and set a $1,050.00 price target on shares of NVIDIA in a report on Thursday, April 4th. Loop Capital started coverage on shares of NVIDIA in a report on Friday, February 16th. They set a “buy” rating and a $1,200.00 target price on the stock. Wolfe Research raised their price target on shares of NVIDIA from $630.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, February 22nd. TD Cowen upped their target price on NVIDIA from $900.00 to $1,100.00 and gave the company an “outperform” rating in a report on Thursday, March 21st. Finally, Evercore ISI assumed coverage on NVIDIA in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $1,160.00 price objective for the company. Four analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $966.55. Read Our Latest Stock Analysis on NVIDIA NVIDIA Stock Performance Shares of NVDA stock opened at $924.79 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. The firm has a market cap of $2.27 trillion, a price-to-earnings ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52 week low of $298.06 and a 52 week high of $974.00. The firm’s 50-day simple moving average is $882.98 and its two-hundred day simple moving average is $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating the consensus estimate of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The business had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $20.40 billion. During the same quarter in the prior year, the business earned $0.65 earnings per share. NVIDIA’s revenue for the quarter was up 265.3% on a year-over-year basis. As a group, equities analysts forecast that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s dividend payout ratio is currently 1.34%. NVIDIA Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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Shared Vision Wealth Group LLC Purchases New Shares in NVIDIA Co. (NASDAQ:NVDA)
- Shared Vision Wealth Group LLC acquired a new position in NVIDIA Co. (NASDAQ:NVDA – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 543 shares of the computer hardware maker’s stock, valued at approximately $269,000. Several other institutional investors and hedge funds have also recently modified their holdings of NVDA. LFA Lugano Financial Advisors SA purchased a new stake in NVIDIA in the fourth quarter worth about $28,000. Criterion Capital Advisors LLC purchased a new position in shares of NVIDIA in the 4th quarter valued at approximately $28,000. Your Advocates Ltd. LLP bought a new stake in shares of NVIDIA during the third quarter valued at approximately $30,000. Trivant Custom Portfolio Group LLC grew its stake in NVIDIA by 44.1% in the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after purchasing an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC raised its holdings in NVIDIA by 139.5% in the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after purchasing an additional 53 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In A number of analysts have recently commented on NVDA shares. TD Cowen boosted their target price on shares of NVIDIA from $900.00 to $1,100.00 and gave the company an “outperform” rating in a report on Thursday, March 21st. Bank of America upped their price objective on shares of NVIDIA from $925.00 to $1,100.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th. Wells Fargo & Company lifted their target price on shares of NVIDIA from $970.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, May 14th. Craig Hallum upped their price target on NVIDIA from $700.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Finally, Mizuho lifted their price objective on NVIDIA from $850.00 to $1,000.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Four investment analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $966.55. Get Our Latest Research Report on NVDA Insider Transactions at NVIDIA In related news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the sale, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Mark A. Stevens sold 22,700 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the transaction, the director now directly owns 1,052,133 shares in the company, valued at approximately $925,845,476.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the sale, the director now directly owns 1,124,583 shares in the company, valued at $896,933,663.31. The disclosure for this sale can be found here. In the last 90 days, insiders sold 61,278 shares of company stock worth $52,689,898. 4.23% of the stock is currently owned by company insiders. NVIDIA Stock Down 2.0 % NASDAQ NVDA opened at $924.79 on Monday. The stock has a 50 day moving average price of $882.98 and a 200-day moving average price of $687.42. NVIDIA Co. has a one year low of $298.06 and a one year high of $974.00. The company has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The business had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. During the same period last year, the company posted $0.65 EPS. The business’s revenue was up 265.3% on a year-over-year basis. As a group, equities analysts predict that NVIDIA Co. will post 22.9 EPS for the current fiscal year. NVIDIA Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA’s payout ratio is 1.34%. NVIDIA Company Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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Trivest Advisors Ltd Reduces Stock Position in NVIDIA Co. (NASDAQ:NVDA)
- Trivest Advisors Ltd decreased its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 69.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 128,000 shares of the computer hardware maker’s stock after selling 293,860 shares during the quarter. NVIDIA comprises 2.9% of Trivest Advisors Ltd’s holdings, making the stock its 11th largest position. Trivest Advisors Ltd’s holdings in NVIDIA were worth $63,388,000 as of its most recent filing with the SEC. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. LFA Lugano Financial Advisors SA purchased a new position in NVIDIA in the fourth quarter worth approximately $28,000. Criterion Capital Advisors LLC acquired a new position in shares of NVIDIA in the 4th quarter valued at $28,000. Your Advocates Ltd. LLP purchased a new position in shares of NVIDIA during the 3rd quarter worth $30,000. Trivant Custom Portfolio Group LLC increased its position in shares of NVIDIA by 44.1% during the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after purchasing an additional 30 shares during the last quarter. Finally, O Brien Wealth Partners LLC raised its holdings in NVIDIA by 139.5% in the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock. Analyst Ratings Changes Several research analysts have weighed in on the stock. Citigroup increased their target price on shares of NVIDIA from $820.00 to $1,030.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th. Wells Fargo & Company lifted their target price on shares of NVIDIA from $970.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, May 14th. TD Cowen boosted their target price on NVIDIA from $900.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. raised their price target on NVIDIA from $650.00 to $850.00 and gave the stock an “overweight” rating in a research report on Thursday, February 22nd. Finally, Needham & Company LLC boosted their price objective on NVIDIA from $600.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Four research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus price target of $966.55. Read Our Latest Report on NVDA Insider Activity In related news, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the sale, the director now owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,278 shares of company stock valued at $52,689,898. Insiders own 4.23% of the company’s stock. NVIDIA Stock Down 2.0 % NVIDIA stock opened at $924.79 on Monday. The stock has a 50-day simple moving average of $882.98 and a 200-day simple moving average of $687.42. The company has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a PEG ratio of 1.31 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. NVIDIA Co. has a fifty-two week low of $298.06 and a fifty-two week high of $974.00. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. The company had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm’s revenue for the quarter was up 265.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. Equities research analysts expect that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were paid a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. NVIDIA’s dividend payout ratio is presently 1.34%. NVIDIA Company Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
- 05/20/2024
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Panagora Asset Management Inc. Trims Stock Holdings in Air Products and Chemicals, Inc. (NYSE:APD)
- Panagora Asset Management Inc. reduced its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,384 shares of the basic materials company’s stock after selling 93 shares during the quarter. Panagora Asset Management Inc.’s holdings in Air Products and Chemicals were worth $3,391,000 at the end of the most recent quarter. A number of other hedge funds have also bought and sold shares of the business. Turtle Creek Wealth Advisors LLC bought a new stake in Air Products and Chemicals during the fourth quarter valued at approximately $27,000. Roble Belko & Company Inc bought a new stake in shares of Air Products and Chemicals during the 4th quarter worth $27,000. Stuart Chaussee & Associates Inc. grew its position in Air Products and Chemicals by 257.6% in the fourth quarter. Stuart Chaussee & Associates Inc. now owns 118 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Rakuten Securities Inc. bought a new position in Air Products and Chemicals in the fourth quarter valued at $33,000. Finally, Legacy Bridge LLC purchased a new stake in Air Products and Chemicals during the fourth quarter valued at about $35,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets A number of research analysts have commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of Air Products and Chemicals from $270.00 to $260.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 1st. StockNews.com raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Friday, May 10th. TD Cowen boosted their price target on shares of Air Products and Chemicals from $305.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Argus cut Air Products and Chemicals from a “buy” rating to a “hold” rating in a research note on Monday, February 26th. Finally, Barclays lowered their target price on Air Products and Chemicals from $260.00 to $245.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $273.77. Check Out Our Latest Stock Analysis on Air Products and Chemicals Air Products and Chemicals Price Performance Shares of NYSE APD opened at $262.70 on Monday. The firm has a market cap of $58.40 billion, a P/E ratio of 23.71, a PEG ratio of 2.84 and a beta of 0.80. Air Products and Chemicals, Inc. has a twelve month low of $212.24 and a twelve month high of $307.71. The company has a quick ratio of 1.31, a current ratio of 1.49 and a debt-to-equity ratio of 0.77. The company has a 50 day moving average of $241.07 and a 200 day moving average of $251.80. Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Tuesday, April 30th. The basic materials company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.15. The business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a return on equity of 16.56% and a net margin of 20.32%. The company’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.74 EPS. As a group, research analysts expect that Air Products and Chemicals, Inc. will post 12.31 EPS for the current fiscal year. Air Products and Chemicals Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, August 12th. Shareholders of record on Monday, July 1st will be paid a dividend of $1.77 per share. This represents a $7.08 annualized dividend and a yield of 2.70%. The ex-dividend date is Monday, July 1st. Air Products and Chemicals’s dividend payout ratio is currently 63.90%. Air Products and Chemicals Company Profile (Free Report) Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.
- 05/20/2024
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Lutz Financial Services LLC Sells 142 Shares of Alphabet Inc. (NASDAQ:GOOGL)
- Lutz Financial Services LLC decreased its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 7.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,743 shares of the information services provider’s stock after selling 142 shares during the period. Lutz Financial Services LLC’s holdings in Alphabet were worth $243,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC grew its stake in shares of Alphabet by 5.6% in the 3rd quarter. FMR LLC now owns 227,317,469 shares of the information services provider’s stock valued at $29,746,764,000 after buying an additional 12,070,681 shares during the period. Northern Trust Corp grew its stake in Alphabet by 3.7% in the third quarter. Northern Trust Corp now owns 67,684,197 shares of the information services provider’s stock valued at $8,857,154,000 after acquiring an additional 2,416,328 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Alphabet by 3.4% during the fourth quarter. Fisher Asset Management LLC now owns 45,220,857 shares of the information services provider’s stock valued at $6,316,902,000 after acquiring an additional 1,472,043 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Alphabet by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 34,910,194 shares of the information services provider’s stock worth $4,876,605,000 after purchasing an additional 874,919 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Alphabet by 7.8% in the 3rd quarter. American Century Companies Inc. now owns 25,064,614 shares of the information services provider’s stock worth $3,279,955,000 after purchasing an additional 1,809,910 shares in the last quarter. Institutional investors own 40.03% of the company’s stock. Insider Activity at Alphabet In other Alphabet news, CFO Ruth Porat sold 48,077 shares of the company’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $137.22, for a total value of $6,597,125.94. Following the transaction, the chief financial officer now directly owns 1,777,106 shares in the company, valued at approximately $243,854,485.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider John Kent Walker sold 48,076 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $142.20, for a total value of $6,836,407.20. Following the completion of the transaction, the insider now directly owns 12,725 shares in the company, valued at approximately $1,809,495. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ruth Porat sold 48,077 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the transaction, the chief financial officer now directly owns 1,777,106 shares in the company, valued at $243,854,485.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 276,511 shares of company stock valued at $41,234,695. Company insiders own 0.88% of the company’s stock. Alphabet Stock Up 1.1 % Shares of NASDAQ GOOGL opened at $176.06 on Monday. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.18 trillion, a P/E ratio of 27.00, a P/E/G ratio of 1.35 and a beta of 1.02. Alphabet Inc. has a 52 week low of $115.35 and a 52 week high of $176.26. The business has a 50-day simple moving average of $157.22 and a two-hundred day simple moving average of $145.29. Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. The company had revenue of $80.54 billion during the quarter, compared to analyst estimates of $66.04 billion. During the same period last year, the business earned $1.17 earnings per share. Research analysts anticipate that Alphabet Inc. will post 7.61 earnings per share for the current fiscal year. Alphabet Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 10th will be given a $0.20 dividend. The ex-dividend date is Monday, June 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.45%. Alphabet’s dividend payout ratio (DPR) is presently 12.27%. Analyst Ratings Changes Several research analysts have weighed in on the stock. TD Cowen upped their price objective on shares of Alphabet from $170.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Wedbush raised their price target on shares of Alphabet from $175.00 to $205.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Roth Mkm boosted their price objective on Alphabet from $164.00 to $202.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Evercore ISI raised their target price on Alphabet from $160.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Royal Bank of Canada upped their price target on Alphabet from $155.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Five research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.60. Get Our Latest Analysis on Alphabet About Alphabet (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
- 05/20/2024
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Alphabet Inc. (NASDAQ:GOOGL) is Hikari Tsushin Inc.’s 2nd Largest Position
- Hikari Tsushin Inc. lessened its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 10.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 721,761 shares of the information services provider’s stock after selling 86,216 shares during the quarter. Alphabet makes up about 9.3% of Hikari Tsushin Inc.’s investment portfolio, making the stock its 2nd largest position. Hikari Tsushin Inc.’s holdings in Alphabet were worth $100,823,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also recently modified their holdings of GOOGL. Sonata Capital Group Inc. raised its position in Alphabet by 5.1% in the 3rd quarter. Sonata Capital Group Inc. now owns 3,720 shares of the information services provider’s stock worth $487,000 after purchasing an additional 180 shares during the period. CENTRAL TRUST Co grew its stake in shares of Alphabet by 0.5% during the third quarter. CENTRAL TRUST Co now owns 321,149 shares of the information services provider’s stock valued at $42,026,000 after buying an additional 1,442 shares during the last quarter. Inspire Advisors LLC purchased a new stake in shares of Alphabet in the third quarter worth approximately $416,000. Western Pacific Wealth Management LP raised its holdings in shares of Alphabet by 27.6% in the third quarter. Western Pacific Wealth Management LP now owns 22,574 shares of the information services provider’s stock worth $2,954,000 after buying an additional 4,877 shares during the period. Finally, Gratus Capital LLC lifted its stake in shares of Alphabet by 3.2% during the 3rd quarter. Gratus Capital LLC now owns 192,904 shares of the information services provider’s stock worth $25,243,000 after acquiring an additional 5,970 shares during the last quarter. Institutional investors own 40.03% of the company’s stock. Analysts Set New Price Targets GOOGL has been the topic of several recent analyst reports. Needham & Company LLC raised their price target on shares of Alphabet from $160.00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. TD Cowen raised their price target on Alphabet from $170.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Susquehanna upped their price objective on shares of Alphabet from $170.00 to $225.00 and gave the stock a “positive” rating in a research note on Monday, April 29th. Redburn Atlantic raised their target price on shares of Alphabet from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. Finally, Raymond James upped their price target on shares of Alphabet from $160.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Five investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average price target of $190.60. View Our Latest Report on Alphabet Insider Activity at Alphabet In related news, insider John Kent Walker sold 48,076 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $142.20, for a total transaction of $6,836,407.20. Following the completion of the sale, the insider now directly owns 12,725 shares of the company’s stock, valued at $1,809,495. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Sundar Pichai sold 22,500 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $143.08, for a total transaction of $3,219,300.00. Following the completion of the transaction, the chief executive officer now directly owns 2,355,191 shares of the company’s stock, valued at approximately $336,980,728.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 48,076 shares of Alphabet stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $142.20, for a total value of $6,836,407.20. Following the completion of the sale, the insider now owns 12,725 shares in the company, valued at $1,809,495. The disclosure for this sale can be found here. Insiders have sold 276,511 shares of company stock worth $41,234,695 in the last quarter. Company insiders own 0.88% of the company’s stock. Alphabet Price Performance Shares of NASDAQ GOOGL opened at $176.06 on Monday. The stock has a market cap of $2.18 trillion, a P/E ratio of 27.00, a P/E/G ratio of 1.35 and a beta of 1.02. Alphabet Inc. has a twelve month low of $115.35 and a twelve month high of $176.26. The stock has a 50 day moving average of $157.22 and a two-hundred day moving average of $145.29. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.05. Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. The firm had revenue of $80.54 billion during the quarter, compared to the consensus estimate of $66.04 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. On average, research analysts forecast that Alphabet Inc. will post 7.61 earnings per share for the current year. Alphabet Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 10th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date is Monday, June 10th. Alphabet’s dividend payout ratio is currently 12.27%. Alphabet Profile (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Read More Five stocks we like better than Alphabet The 3 Best Retail Stocks to Shop for in August Canada Goose Flies Higher Driven By DTC Growth What is a SEC Filing? CVS Health Stock Has a Silver Lining Called Value Ride Out The Recession With These Dividend Kings Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL – Free Report).
- 05/20/2024
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Beacon Pointe Advisors LLC Sells 9,836 Shares of Airbnb, Inc. (NASDAQ:ABNB)
- Beacon Pointe Advisors LLC reduced its position in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 43.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,016 shares of the company’s stock after selling 9,836 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Airbnb were worth $1,772,000 as of its most recent SEC filing. Several other institutional investors have also added to or reduced their stakes in ABNB. Mount Vernon Associates Inc. MD raised its holdings in shares of Airbnb by 1.0% in the fourth quarter. Mount Vernon Associates Inc. MD now owns 7,270 shares of the company’s stock worth $990,000 after buying an additional 75 shares during the period. Cambridge Trust Co. lifted its position in shares of Airbnb by 10.0% during the fourth quarter. Cambridge Trust Co. now owns 825 shares of the company’s stock worth $112,000 after purchasing an additional 75 shares during the last quarter. Waldron Private Wealth LLC grew its holdings in shares of Airbnb by 0.5% in the fourth quarter. Waldron Private Wealth LLC now owns 16,171 shares of the company’s stock worth $2,201,000 after purchasing an additional 78 shares during the last quarter. Venturi Wealth Management LLC increased its stake in Airbnb by 36.2% in the 4th quarter. Venturi Wealth Management LLC now owns 301 shares of the company’s stock worth $41,000 after buying an additional 80 shares during the period. Finally, Centurion Wealth Management LLC lifted its holdings in Airbnb by 2.3% during the 4th quarter. Centurion Wealth Management LLC now owns 3,605 shares of the company’s stock valued at $491,000 after buying an additional 81 shares in the last quarter. Institutional investors own 80.76% of the company’s stock. Insider Transactions at Airbnb In other news, CTO Aristotle N. Balogh sold 75,500 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $155.31, for a total value of $11,725,905.00. Following the completion of the sale, the chief technology officer now directly owns 146,131 shares in the company, valued at $22,695,605.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CTO Aristotle N. Balogh sold 75,500 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $155.31, for a total value of $11,725,905.00. Following the completion of the sale, the chief technology officer now owns 146,131 shares of the company’s stock, valued at $22,695,605.61. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Elinor Mertz sold 9,196 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $156.76, for a total value of $1,441,564.96. Following the transaction, the chief financial officer now directly owns 535,530 shares in the company, valued at approximately $83,949,682.80. The disclosure for this sale can be found here. Insiders have sold 397,474 shares of company stock valued at $63,809,871 over the last ninety days. Insiders own 27.83% of the company’s stock. Airbnb Price Performance Airbnb stock opened at $145.66 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.44. The company’s fifty day moving average price is $159.70 and its 200 day moving average price is $147.11. The stock has a market capitalization of $93.81 billion, a P/E ratio of 19.50, a P/E/G ratio of 1.80 and a beta of 1.24. Airbnb, Inc. has a 1 year low of $103.74 and a 1 year high of $170.10. Airbnb (NASDAQ:ABNB – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.18. Airbnb had a net margin of 48.23% and a return on equity of 39.37%. The firm had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the firm earned $0.18 EPS. The company’s revenue for the quarter was up 17.8% on a year-over-year basis. As a group, equities research analysts anticipate that Airbnb, Inc. will post 4.67 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth Several brokerages have recently weighed in on ABNB. TD Cowen lowered their price target on shares of Airbnb from $180.00 to $170.00 and set a “buy” rating for the company in a research report on Thursday, May 9th. Mizuho raised Airbnb from a “neutral” rating to a “buy” rating and increased their target price for the company from $150.00 to $200.00 in a research report on Wednesday, April 24th. Needham & Company LLC reiterated a “hold” rating on shares of Airbnb in a report on Thursday, May 9th. Citigroup decreased their price objective on Airbnb from $170.00 to $167.00 and set a “buy” rating for the company in a research note on Thursday, May 9th. Finally, Barclays lifted their target price on Airbnb from $100.00 to $110.00 and gave the company an “underweight” rating in a research note on Monday, January 29th. Four equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Airbnb has an average rating of “Hold” and a consensus price target of $152.13. View Our Latest Stock Report on Airbnb Airbnb Profile (Free Report) Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.
- 05/20/2024
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Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Meridian Wealth Management LLC
- Meridian Wealth Management LLC trimmed its position in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,652 shares of the consumer goods maker’s stock after selling 362 shares during the period. Meridian Wealth Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $301,000 as of its most recent SEC filing. Several other institutional investors also recently bought and sold shares of the company. DAVENPORT & Co LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 25.9% in the fourth quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock valued at $97,415,000 after acquiring an additional 309,977 shares during the period. SG Americas Securities LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 232.4% during the 4th quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock worth $1,619,000 after acquiring an additional 17,516 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Anheuser-Busch InBev SA/NV by 11.8% in the 4th quarter. Allworth Financial LP now owns 3,538 shares of the consumer goods maker’s stock worth $229,000 after acquiring an additional 373 shares during the period. QRG Capital Management Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $1,449,000. Finally, Savoir Faire Capital Management L.P. acquired a new position in Anheuser-Busch InBev SA/NV during the third quarter worth $4,790,000. 5.53% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes Separately, TD Cowen lowered their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a report on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.70. Read Our Latest Research Report on Anheuser-Busch InBev SA/NV Anheuser-Busch InBev SA/NV Trading Up 1.4 % Anheuser-Busch InBev SA/NV stock opened at $67.42 on Monday. The stock has a market cap of $117.12 billion, a PE ratio of 28.33, a P/E/G ratio of 1.99 and a beta of 1.11. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average price of $60.87 and a 200 day moving average price of $62.08. Anheuser-Busch InBev SA/NV has a 52 week low of $51.66 and a 52 week high of $67.49. Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The firm had revenue of $14.55 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the previous year, the company earned $0.65 EPS. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up 2.3% on a year-over-year basis. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current fiscal year. Anheuser-Busch InBev SA/NV Increases Dividend The business also recently disclosed an annual dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 6th will be paid a dividend of $0.8722 per share. The ex-dividend date is Friday, May 3rd. This represents a dividend yield of 1.1%. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 27.31%. Anheuser-Busch InBev SA/NV Company Profile (Free Report) Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
- 05/20/2024
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Foundations Investment Advisors LLC Invests $274,000 in GitLab Inc. (NASDAQ:GTLB)
- Foundations Investment Advisors LLC acquired a new stake in shares of GitLab Inc. (NASDAQ:GTLB – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,358 shares of the company’s stock, valued at approximately $274,000. Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its position in shares of GitLab by 23.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 500,196 shares of the company’s stock valued at $22,619,000 after acquiring an additional 96,322 shares during the last quarter. Panagora Asset Management Inc. purchased a new stake in shares of GitLab during the 3rd quarter valued at $1,876,000. Teacher Retirement System of Texas grew its position in GitLab by 10.7% in the third quarter. Teacher Retirement System of Texas now owns 5,602 shares of the company’s stock worth $253,000 after acquiring an additional 542 shares in the last quarter. Principal Financial Group Inc. lifted its stake in GitLab by 86.0% during the third quarter. Principal Financial Group Inc. now owns 10,856 shares of the company’s stock worth $491,000 after purchasing an additional 5,018 shares during the last quarter. Finally, Capula Management Ltd purchased a new position in shares of GitLab in the 3rd quarter worth about $495,000. 91.72% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes GTLB has been the topic of a number of research reports. Sanford C. Bernstein raised their price objective on GitLab from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Tuesday, March 5th. Royal Bank of Canada restated an “outperform” rating and issued a $80.00 price objective on shares of GitLab in a report on Tuesday, March 5th. Mizuho reduced their target price on shares of GitLab from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Friday. TD Cowen lowered their price target on shares of GitLab from $80.00 to $76.00 and set an “outperform” rating for the company in a research note on Tuesday, March 5th. Finally, Truist Financial reaffirmed a “buy” rating and set a $80.00 price objective on shares of GitLab in a research note on Monday, April 1st. Three analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $70.50. Read Our Latest Analysis on GitLab GitLab Stock Down 0.4 % GitLab stock opened at $56.26 on Monday. GitLab Inc. has a fifty-two week low of $31.56 and a fifty-two week high of $78.53. The stock’s 50 day simple moving average is $55.71 and its two-hundred day simple moving average is $59.43. GitLab (NASDAQ:GTLB – Get Free Report) last posted its quarterly earnings data on Monday, March 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.08 by $0.07. The business had revenue of $163.80 million for the quarter, compared to analyst estimates of $157.89 million. GitLab had a negative net margin of 73.14% and a negative return on equity of 18.26%. GitLab’s quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.26) earnings per share. Sell-side analysts forecast that GitLab Inc. will post -0.96 earnings per share for the current year. Insider Buying and Selling In other GitLab news, CAO Erin Mannix sold 958 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $59.53, for a total transaction of $57,029.74. Following the sale, the chief accounting officer now directly owns 74,908 shares in the company, valued at approximately $4,459,273.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other GitLab news, insider Robin Schulman sold 2,425 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $58.75, for a total transaction of $142,468.75. Following the completion of the sale, the insider now directly owns 55,150 shares in the company, valued at approximately $3,240,062.50. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Erin Mannix sold 958 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $59.53, for a total value of $57,029.74. Following the completion of the transaction, the chief accounting officer now owns 74,908 shares in the company, valued at $4,459,273.24. The disclosure for this sale can be found here. Insiders sold a total of 433,383 shares of company stock worth $23,632,528 in the last three months. Insiders own 21.36% of the company’s stock. GitLab Profile (Free Report) GitLab Inc, through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle.
- 05/20/2024
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Panagora Asset Management Inc. Decreases Stock Position in Virtus Investment Partners, Inc. (NASDAQ:VRTS)
- Panagora Asset Management Inc. decreased its position in shares of Virtus Investment Partners, Inc. (NASDAQ:VRTS – Free Report) by 1.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,821 shares of the closed-end fund’s stock after selling 204 shares during the quarter. Panagora Asset Management Inc. owned approximately 0.18% of Virtus Investment Partners worth $3,100,000 at the end of the most recent quarter. Several other large investors also recently added to or reduced their stakes in VRTS. Signaturefd LLC raised its stake in shares of Virtus Investment Partners by 44.9% during the 3rd quarter. Signaturefd LLC now owns 171 shares of the closed-end fund’s stock valued at $35,000 after purchasing an additional 53 shares during the period. Blue Trust Inc. lifted its holdings in shares of Virtus Investment Partners by 550.0% in the fourth quarter. Blue Trust Inc. now owns 182 shares of the closed-end fund’s stock worth $44,000 after buying an additional 154 shares in the last quarter. Everence Capital Management Inc. purchased a new position in Virtus Investment Partners during the fourth quarter valued at approximately $222,000. QRG Capital Management Inc. bought a new stake in Virtus Investment Partners during the 4th quarter worth approximately $250,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Virtus Investment Partners in the 3rd quarter worth approximately $285,000. Hedge funds and other institutional investors own 80.52% of the company’s stock. Wall Street Analyst Weigh In A number of research firms have recently commented on VRTS. StockNews.com lowered shares of Virtus Investment Partners from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. Morgan Stanley upped their target price on Virtus Investment Partners from $211.00 to $224.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 17th. TD Cowen lifted their price target on Virtus Investment Partners from $245.00 to $250.00 and gave the company a “hold” rating in a research report on Monday, April 29th. Finally, Piper Sandler cut their price objective on Virtus Investment Partners from $275.00 to $265.00 and set an “overweight” rating for the company in a report on Monday, April 29th. Check Out Our Latest Stock Report on VRTS Virtus Investment Partners Trading Down 0.9 % Shares of Virtus Investment Partners stock opened at $233.34 on Monday. The firm has a market capitalization of $1.66 billion, a PE ratio of 10.07 and a beta of 1.50. Virtus Investment Partners, Inc. has a 12 month low of $168.78 and a 12 month high of $263.39. The business’s 50-day moving average price is $233.88 and its 200-day moving average price is $227.33. Virtus Investment Partners (NASDAQ:VRTS – Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The closed-end fund reported $5.41 EPS for the quarter, meeting analysts’ consensus estimates of $5.41. The business had revenue of $200.24 million for the quarter, compared to analysts’ expectations of $203.54 million. Virtus Investment Partners had a net margin of 14.02% and a return on equity of 19.61%. As a group, analysts predict that Virtus Investment Partners, Inc. will post 26.43 earnings per share for the current fiscal year. Virtus Investment Partners Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be paid a dividend of $1.90 per share. The ex-dividend date is Wednesday, July 31st. This represents a $7.60 dividend on an annualized basis and a dividend yield of 3.26%. Virtus Investment Partners’s dividend payout ratio (DPR) is currently 45.78%. Virtus Investment Partners Profile (Free Report) Virtus Investment Partners, Inc is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. See Also Five stocks we like better than Virtus Investment Partners Basic Materials Stocks Investing Canada Goose Flies Higher Driven By DTC Growth How to invest in blue chip stocks CVS Health Stock Has a Silver Lining Called Value 3 Grocery Stocks That Are Proving They Are Still Essential Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding VRTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtus Investment Partners, Inc. (NASDAQ:VRTS – Free Report).
- 05/20/2024
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Vanguard Personalized Indexing Management LLC Grows Stock Position in NOV Inc. (NYSE:NOV)
- Vanguard Personalized Indexing Management LLC grew its position in shares of NOV Inc. (NYSE:NOV – Free Report) by 48.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,424 shares of the oil and gas exploration company’s stock after purchasing an additional 18,150 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in NOV were worth $1,124,000 as of its most recent SEC filing. Other institutional investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC acquired a new stake in NOV during the 4th quarter valued at approximately $49,000. GAMMA Investing LLC bought a new stake in shares of NOV in the fourth quarter worth $61,000. International Assets Investment Management LLC raised its holdings in NOV by 1,306.5% in the fourth quarter. International Assets Investment Management LLC now owns 3,488 shares of the oil and gas exploration company’s stock valued at $71,000 after acquiring an additional 3,240 shares in the last quarter. Principal Securities Inc. bought a new position in NOV during the 4th quarter valued at $97,000. Finally, Fifth Third Bancorp grew its holdings in NOV by 27.8% during the 3rd quarter. Fifth Third Bancorp now owns 4,990 shares of the oil and gas exploration company’s stock worth $104,000 after acquiring an additional 1,086 shares in the last quarter. 93.27% of the stock is owned by institutional investors and hedge funds. NOV Stock Performance NOV opened at $19.06 on Monday. NOV Inc. has a twelve month low of $14.05 and a twelve month high of $21.91. The stock has a market cap of $7.54 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.81 and a beta of 1.74. The business’s 50 day moving average is $19.09 and its 200-day moving average is $19.02. The company has a current ratio of 2.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.28. NOV (NYSE:NOV – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The oil and gas exploration company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.11 billion. NOV had a return on equity of 10.21% and a net margin of 11.23%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. On average, analysts predict that NOV Inc. will post 1.55 earnings per share for the current year. NOV Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.57%. This is an increase from NOV’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, June 14th. NOV’s payout ratio is 8.03%. Insider Transactions at NOV In related news, CAO Christy Lynn Novak sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $17.43, for a total transaction of $61,005.00. Following the sale, the chief accounting officer now owns 114,212 shares of the company’s stock, valued at $1,990,715.16. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.85% of the company’s stock. Analyst Ratings Changes Several brokerages have recently commented on NOV. Susquehanna reaffirmed a “positive” rating and set a $26.00 price target on shares of NOV in a research report on Monday, April 8th. Raymond James decreased their target price on NOV from $28.00 to $25.00 and set an “outperform” rating for the company in a research report on Monday, February 5th. StockNews.com raised NOV from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Piper Sandler decreased their price objective on shares of NOV from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Tuesday, February 20th. Finally, TD Cowen dropped their target price on shares of NOV from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $24.07. View Our Latest Stock Analysis on NOV About NOV (Free Report) NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits. See Also Five stocks we like better than NOV How to Use Stock Screeners to Find Stocks Canada Goose Flies Higher Driven By DTC Growth What Are Dividends? Buy the Best Dividend Stocks CVS Health Stock Has a Silver Lining Called Value Find and Profitably Trade Stocks at 52-Week Lows Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding NOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NOV Inc. (NYSE:NOV – Free Report).
- 05/20/2024
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SBA Communications Co. (SBAC) To Go Ex-Dividend on May 22nd
- SBA Communications Co. (NASDAQ:SBAC – Get Free Report) announced a quarterly dividend on Monday, April 29th, RTT News reports. Shareholders of record on Thursday, May 23rd will be given a dividend of 0.98 per share by the technology company on Wednesday, June 19th. This represents a $3.92 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, May 22nd. SBA Communications has increased its dividend payment by an average of 22.3% per year over the last three years and has raised its dividend annually for the last 5 consecutive years. SBA Communications has a payout ratio of 48.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect SBA Communications to earn $12.51 per share next year, which means the company should continue to be able to cover its $3.92 annual dividend with an expected future payout ratio of 31.3%. SBA Communications Trading Down 1.7 % Shares of SBAC opened at $199.38 on Monday. The company’s 50-day moving average price is $205.70 and its 200 day moving average price is $222.49. SBA Communications has a 12-month low of $183.64 and a 12-month high of $258.76. The firm has a market cap of $21.42 billion, a P/E ratio of 39.09, a price-to-earnings-growth ratio of 0.59 and a beta of 0.59. SBA Communications (NASDAQ:SBAC – Get Free Report) last issued its quarterly earnings data on Monday, April 29th. The technology company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.21 by $0.21. SBA Communications had a net margin of 20.61% and a negative return on equity of 10.75%. The firm had revenue of $657.86 million for the quarter, compared to analyst estimates of $671.08 million. During the same period in the prior year, the business posted $3.13 EPS. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. Equities research analysts forecast that SBA Communications will post 12.53 earnings per share for the current year. Insider Activity at SBA Communications In other news, Director Mary S. Chan sold 1,977 shares of SBA Communications stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $217.99, for a total value of $430,966.23. Following the transaction, the director now directly owns 4,622 shares of the company’s stock, valued at approximately $1,007,549.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock. Wall Street Analyst Weigh In Several research firms recently issued reports on SBAC. StockNews.com raised SBA Communications from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. TD Cowen lowered their price objective on shares of SBA Communications from $266.00 to $253.00 and set a “buy” rating for the company in a research note on Tuesday, April 30th. KeyCorp cut their target price on shares of SBA Communications from $276.00 to $227.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 30th. Royal Bank of Canada decreased their price target on shares of SBA Communications from $250.00 to $235.00 and set an “outperform” rating for the company in a research report on Thursday, May 9th. Finally, Wells Fargo & Company decreased their price objective on SBA Communications from $260.00 to $230.00 and set an “overweight” rating for the company in a research note on Tuesday, April 30th. Eleven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $252.25. Read Our Latest Analysis on SBAC About SBA Communications (Get Free Report) SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC.
- 05/20/2024
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Panagora Asset Management Inc. Sells 1,037 Shares of PROG Holdings, Inc. (NYSE:PRG)
- Panagora Asset Management Inc. lessened its stake in PROG Holdings, Inc. (NYSE:PRG – Free Report) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 115,114 shares of the company’s stock after selling 1,037 shares during the period. Panagora Asset Management Inc. owned about 0.26% of PROG worth $3,558,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Blue Trust Inc. acquired a new position in PROG in the fourth quarter valued at $27,000. Acadian Asset Management LLC bought a new stake in shares of PROG during the 3rd quarter valued at about $33,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in PROG during the third quarter worth approximately $103,000. Meeder Asset Management Inc. bought a new stake in PROG in the fourth quarter worth approximately $169,000. Finally, Diversified Trust Co lifted its stake in PROG by 6.2% in the fourth quarter. Diversified Trust Co now owns 6,760 shares of the company’s stock valued at $209,000 after buying an additional 397 shares during the period. Institutional investors and hedge funds own 97.92% of the company’s stock. PROG Stock Up 0.6 % PRG stock opened at $36.36 on Monday. The firm has a market capitalization of $1.57 billion, a PE ratio of 14.84 and a beta of 2.06. The company has a quick ratio of 1.83, a current ratio of 3.91 and a debt-to-equity ratio of 1.01. PROG Holdings, Inc. has a twelve month low of $26.39 and a twelve month high of $44.81. The stock’s 50 day moving average is $33.56 and its 200-day moving average is $31.34. PROG (NYSE:PRG – Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.08. PROG had a return on equity of 26.67% and a net margin of 4.71%. The business had revenue of $641.87 million for the quarter, compared to analysts’ expectations of $632.24 million. Sell-side analysts expect that PROG Holdings, Inc. will post 3 EPS for the current fiscal year. PROG Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Tuesday, May 28th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Friday, May 24th. PROG’s payout ratio is 19.59%. Analyst Ratings Changes PRG has been the topic of several research reports. TD Cowen upped their price objective on shares of PROG from $38.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, April 25th. Loop Capital upped their price objective on shares of PROG from $31.00 to $35.00 and gave the stock a “hold” rating in a report on Thursday, April 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $39.60. Get Our Latest Analysis on PRG PROG Profile (Free Report) PROG Holdings, Inc (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.
- 05/20/2024
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Beacon Pointe Advisors LLC Sells 4,360 Shares of Marvell Technology, Inc. (NASDAQ:MRVL)
- Beacon Pointe Advisors LLC cut its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 12.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,808 shares of the semiconductor company’s stock after selling 4,360 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Marvell Technology were worth $1,798,000 as of its most recent SEC filing. Other large investors also recently modified their holdings of the company. Yousif Capital Management LLC lifted its position in Marvell Technology by 3.2% during the third quarter. Yousif Capital Management LLC now owns 12,995 shares of the semiconductor company’s stock worth $703,000 after acquiring an additional 405 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Marvell Technology by 36.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 88,329 shares of the semiconductor company’s stock worth $4,781,000 after purchasing an additional 23,538 shares during the last quarter. M&T Bank Corp grew its holdings in Marvell Technology by 0.9% in the 3rd quarter. M&T Bank Corp now owns 78,452 shares of the semiconductor company’s stock valued at $4,247,000 after buying an additional 686 shares in the last quarter. California Public Employees Retirement System increased its position in Marvell Technology by 1.6% during the 3rd quarter. California Public Employees Retirement System now owns 1,566,801 shares of the semiconductor company’s stock worth $84,811,000 after buying an additional 24,301 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Marvell Technology by 8.5% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 20,361 shares of the semiconductor company’s stock worth $1,102,000 after buying an additional 1,600 shares in the last quarter. 83.51% of the stock is owned by institutional investors. Marvell Technology Trading Down 1.6 % Marvell Technology stock opened at $71.92 on Monday. The business has a 50 day moving average of $68.66 and a 200-day moving average of $64.71. Marvell Technology, Inc. has a 1 year low of $43.51 and a 1 year high of $85.76. The company has a quick ratio of 1.21, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The semiconductor company reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Marvell Technology had a positive return on equity of 4.96% and a negative net margin of 16.95%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 earnings per share. On average, analysts anticipate that Marvell Technology, Inc. will post 0.73 earnings per share for the current fiscal year. Marvell Technology Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Friday, April 12th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend was Thursday, April 11th. Marvell Technology’s dividend payout ratio is presently -22.22%. Marvell Technology declared that its Board of Directors has authorized a stock repurchase plan on Thursday, March 7th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to repurchase up to 4.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued. Wall Street Analysts Forecast Growth A number of research firms recently commented on MRVL. Citigroup reaffirmed a “buy” rating and set a $91.00 price target on shares of Marvell Technology in a research report on Wednesday, March 27th. TD Cowen raised their price objective on Marvell Technology from $75.00 to $90.00 and gave the stock an “outperform” rating in a research note on Friday, March 8th. B. Riley reaffirmed a “buy” rating and issued a $95.00 price objective (up from $85.00) on shares of Marvell Technology in a report on Monday, March 4th. Oppenheimer reissued an “outperform” rating and set a $80.00 target price (up from $70.00) on shares of Marvell Technology in a report on Thursday, February 29th. Finally, Jefferies Financial Group assumed coverage on Marvell Technology in a research report on Monday, May 13th. They issued a “buy” rating and a $85.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $81.28. Get Our Latest Report on MRVL Insider Activity at Marvell Technology In related news, CFO Willem A. Meintjes sold 1,000 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $71.50, for a total value of $71,500.00. Following the transaction, the chief financial officer now directly owns 101,986 shares in the company, valued at approximately $7,291,999. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Marvell Technology news, CEO Matthew J. Murphy sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $66.17, for a total transaction of $1,985,100.00. Following the completion of the sale, the chief executive officer now directly owns 732,929 shares of the company’s stock, valued at approximately $48,497,911.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Willem A. Meintjes sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $71.50, for a total value of $71,500.00. Following the completion of the transaction, the chief financial officer now owns 101,986 shares in the company, valued at approximately $7,291,999. The disclosure for this sale can be found here. Insiders have sold a total of 110,500 shares of company stock worth $7,522,055 over the last quarter. Company insiders own 0.33% of the company’s stock. About Marvell Technology (Free Report) Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. Read More Five stocks we like better than Marvell Technology Health Care Stocks Explained: Why You Might Want to Invest Canada Goose Flies Higher Driven By DTC Growth Stock Average Calculator CVS Health Stock Has a Silver Lining Called Value How to invest in marijuana stocks in 7 steps Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
- 05/20/2024
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TD Cowen's Helane Becker says these U.S. airlines are buys on strong summer travel demand
- Helane Becker, TD Cowen senior airlines analyst, joins 'Power Lunch' to discuss the anatomy of the consumer in the travel sector.
- 05/16/2024
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Here's why TD Cowen's Oliver Chen favors Walmart over Target
- Oliver Chen, TD Cowen analyst, joins 'Money Movers' to discuss why Chen favors Walmart over Target, the trend of consumers trading down, and more.
- 05/16/2024
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Air Products' Vice President, Investor Relations, to Speak during TD Cowen's Sustainability Week on May 23
- LEHIGH VALLEY, Pa. , May 16, 2024 /PRNewswire/ -- Air Products today announced that Sidd Manjeshwar, vice president, Investor Relations, will speak during TD Cowen's Sustainability Week on Thursday, May 23, 2024 at 11:45 a.m.
- 05/16/2024
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Allegro MicroSystems to Present at TD Cowen's Technology, Media & Telecom Conference on May 29
- Manchester, N.H., May 16, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the Company will present at TD Cowen's 52nd Annual Technology, Media & Telecom Conference on Wednesday, May 29, 2024 at the InterContinental New York Barclay in New York, NY. Vineet Nargolwala, Chief Executive Officer, is scheduled to participate in a fireside chat at 3:00 PM EST.
- 05/16/2024
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TD Cowen's Andrew Kligerman breaks down why drivers are seeing skyrocketing car insurance rates
- Andrew Kligerman, TD Cowen managing director, joins 'Power Lunch' to discuss the increase in auto insurance and how it's impacted consumers.
- 03/14/2024
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There's a buying opportunity in airlines today, says Cowen's Helane Becker
- Helane Becker, Cowen airline senior analyst, joins 'Closing Bell' to discuss Delta Air Lines earnings and the airline sector dragging on the S&P today.
- 01/12/2024
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Alcohol sales underperform when cannabis is available, says Cowen's Vivien Azer
- Vivien Azer, Cowen & Co. senior research analyst, joins 'Power Lunch' to discuss the headwinds for the craft beer sector.
- 12/20/2023
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Slimming inventories help retailers be agile when facing uneven demand, says TD Cowen's Oliver Chen
- Oliver Chen, TD Cowen's head of retail and luxury, joins 'Squawk on the Street' to discuss normalizing levels of promotions across retail, headwinds to consumer spending due to student loan repayments, and consumers looking for value essentials over wants.
- 09/05/2023
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TD Cowen's John Kernan shares his top retail stock picks: TJX, ROST, LULU, DECK
- John Kernan, TD Cowen research analyst, joins 'Squawk Box' to discuss the busy week of earnings for retail companies, his top retail stock picks, and more.
- 08/24/2023
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TD Cowen's Oliver Chen shares his top retail picks: Walmart, Costco, LVMH
- Oliver Chen, TD Cowen managing director and senior analyst, joins 'Squawk Box' to preview this weeks' retail earnings, with Target, Walmart and Estee Lauder reporting quarterly earnings results, the impact on markets, and more.
- 08/14/2023
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Cowen's Shaul Eyal breaks down headwinds facing cybersecurity stocks
- Shaul Eyal, Cowen senior analyst, joins 'Closing Bell: Overtime' to discuss the pressure on the cybersecurity sector.
- 04/28/2023
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Cowen's Cai von Rumohr breaks down Boeing and Spirit Aerosystem's production issues
- Cai Von Rumohr, Cowen managing director, joins 'Closing Bell: Overtime' to discuss Boeing and Spirit shares and Boeing's 737 max production issue.
- 04/14/2023
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I'm not expecting a banking crisis: TD Cowen President
- TD Cowen President Jeffrey Solomon joins 'Squawk on the Street' to discuss his thoughts on the banking system and what to expect moving forward.
- 03/30/2023
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Occidental Petroleum stock surges after upgrade at TD Cowen, which includes large investment by Warren Buffett's Berkshire Hathaway as a reason to be bullish
- Shares of Occidental Petroleum Corp. OXY, +2.53% climbed 2.3% in premarket trading Tuesday, after the oil and gas exploration and production company was upgraded at TD Cowen, citing a “superior” risk-reward balance. Analyst David Deckelbaum lifted his rating to outperform from market perform and boosted his stock price target to $70 from $63.
- 03/28/2023
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TD Cowen's Solomon Expects M&A to Pick Back Up
- "We've seen the worst of the equity market," TD Cowen President Jeffrey Solomon says during an interview on Bloomberg Television. Solomon also comments on the company's M&A strategy and the state of financial markets on Bloomberg Television.
- 03/02/2023
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TD Bank Completes Cowen Acquisition to Deepen Investment Banking Footprint
- Toronto-based TD Bank Group announced on Wednesday (March 1) that it has completed the acquisition of New York-based Cowen Inc. as it builds out its investment banking business and capabilities. First revealed in August 2022, the all-cash transaction valued at $1.
- 03/01/2023
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Cowen Announces Mandatory Conversion of Series A Preferred Stock
- NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that TD Bank Group has completed the acquisition of Cowen. In connection with the completion of the acquisition, Cowen has elected to cause all outstanding shares of its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (“Series A Preferred Stock”) to be automatically converted (the “Mandatory Conversion”) at a conversion rate of 39.4664, to be settled in cash for $1,539.19 per share of Series A Preferred Stock, in accordance with the certificate of designations of the Series A Preferred Stock (the “Certificate of Designations”); provided that the Mandatory Conversion shall not apply to shares of Series A Preferred Stock that holders have elected prior to the date hereof to voluntarily convert in accordance with Certificate of Designations. The conversion date of the Mandatory Conversion is March 1, 2023 (the “Mandatory Conversion Date”). Dividends on shares of Series A Preferred Stock to be converted in connection with the Mandatory Conversion have ceased to accumulate as of the Mandatory Conversion Date. In accordance with the terms of the Certificate of Designations, the Series A Preferred Stock to be converted in connection with the Mandatory Conversion will be settled in cash on March 6, 2023.
- 03/01/2023
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TD completes acquisition of Cowen Inc.
- Deal accelerates U.S. growth of TD Securities TORONTO and NEW YORK , March 1, 2023 /PRNewswire/ - TD Bank Group ("TD") (TSX: TD) (NYSE: TD) and Cowen Inc. ("Cowen") (NASDAQ: COWN) today announce that TD has completed the acquisition of Cowen. "We are very pleased to welcome Cowen to TD.
- 03/01/2023
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The Fed couldn't be more clear, says Cowen CEO Jeffrey Solomon
- Jeffrey Solomon, Cowen CEO, joins 'Squawk on the Street' to discuss his thoughts on what to expect in the market for the rest of the year.
- 02/27/2023
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Toronto-Dominion (TD) & Cowen (COWN) Get Nod for Merger Deal
- Toronto-Dominion's (TD) planned acquisition of Cowen (COWN) is expected to close on Mar 1. The deal will be accretive to its earnings and generate revenue synergies going forward.
- 02/27/2023
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TD Receives Regulatory Approval to Acquire Cowen Inc.
- TORONTO and NEW YORK , Feb. 24, 2023 /PRNewswire/ - TD Bank Group ("TD") (TSX: TD) (NYSE: TD) and Cowen Inc. ("Cowen") (NASDAQ: COWN) today announced they have received all regulatory approvals required under their merger agreement to complete TD's acquisition of Cowen. With this step completed, TD expects the acquisition to close on March 1, 2023, subject to the satisfaction of other customary closing conditions.
- 02/24/2023
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Cowen Group (COWN) Beats Q4 Earnings and Revenue Estimates
- Cowen (COWN) delivered earnings and revenue surprises of 123.08% and 20.09%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/17/2023
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Cowen Announces Financial Results for Full Year 2022
- NEW YORK, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the fourth quarter and full year ended December 31, 2022.
- 02/17/2023
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Despite Fast-paced Momentum, Cowen (COWN) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cowen (COWN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/16/2023
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Cowen To Report Fourth Quarter 2022 Financial Results On February 17, 2023
- NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will release its fourth quarter 2022 financial results on Friday, February 17, 2023.
- 02/09/2023
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Should Value Investors Buy Cowen Group (COWN) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/02/2023
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5 Value Stocks With Exciting EV-to-EBITDA Ratios to Own Now
- We have screened value stocks NMM, HPE, AEG, COWN and SNY based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 01/25/2023
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Are Investors Undervaluing Cowen Group (COWN) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/13/2023
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These Are the Top 10 Holdings of Paul Tudor Jones
- Paul Tudor Jones is one of the most respected names in the hedge fund industry.
- 01/10/2023
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Cowen (COWN) Is Attractively Priced Despite Fast-paced Momentum
- Cowen (COWN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/06/2023
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Pick These 5 Bargain Stocks With Attractive EV-to-EBITDA Ratios
- We have screened bargain stocks JXN, AIR, CNM, AEG and COWN based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 01/06/2023
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Cowen Deal Spread Leaves 1.06% Of Upside To Toronto-Dominion Deal Closing
- The Toronto-Dominion Bank is buying Cowen for $39 in cash per share. The acquirer is a huge Canadian bank and the target is a small U.S. player.
- 12/28/2022
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New Strong Sell Stocks for November 2nd
- DELL, JRVR and COWN have been added to the Zacks Rank #5 (Strong Sell) List on November 2, 2022.
- 11/02/2022
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Cowen Group (COWN) Surpasses Q3 Earnings and Revenue Estimates
- Cowen (COWN) delivered earnings and revenue surprises of 35.71% and 19.28%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/28/2022
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Cowen to Report Third Quarter 2022 Financial Results on October 28, 2022
- NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will release its third quarter 2022 financial results on Friday, October 28, 2022.
- 10/21/2022
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Why Enovix Stock Shot More Than 15% Higher Today
- One analyst got a lot more bullish on the company's prospects.
- 08/24/2022
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Why Quanterix Stock Bounced Back on Wednesday
- The market might, just might, have over-reacted to the company's dispiriting second-quarter results the previous day.
- 08/10/2022
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New Strong Sell Stocks for August 8th
- COWN, AUD, and OGN have been added to the Zacks Rank #5 (Strong Sell) List on August 8, 2022.
- 08/08/2022
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Toronto-Dominion (TD) Agrees to Acquire Cowen (COWN) for $1.3B
- Toronto-Dominion (TD) enters an agreement to acquire Cowen (COWN) for $1.3 billion in cash. The deal will accelerate TD's long-term growth strategy in the United States.
- 08/04/2022
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Cowen Group (COWN) Lags Q2 Earnings Estimates
- Cowen (COWN) delivered earnings and revenue surprises of -20% and 3.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/03/2022
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Cowen Stock Hits 8-Month Highs on Buyout Buzz
- Shares of Cowen Inc (NASDAQ:COWN) are 7.6% higher in premarket trading, last seen at $38.18 after Canada-based TD Bank (TD) said it will buy Cowen for $1.3 billion in cash, or $39 per share.
- 08/02/2022
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Canada's TD Bank to buy U.S. brokerage Cowen in $1.3 billion deal
- Canadian lender Toronto Dominion Bank will buy U.S. brokerage Cowen in a $1.3 billion all-cash deal, the companies said on Tuesday.
- 08/02/2022
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TD Bank Reportedly Close to $1B Deal for Investment Bank Cowen
- Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. The report notes that buying Cowen would give TD Bank a larger presence in investment banking as well as in the U.S., where it's been expanding.
- 08/01/2022
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TD Bank Nears Deal to Buy Cowen
- Toronto-Dominion Bank is close to a more than $1 billion deal to buy investment bank Cowen, according to people familiar with the matter.
- 08/01/2022
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My Top Dividend Aristocrat for the Second Half of 2022
- Caterpillar's long-term growth outshines its short-term challenges.
- 07/22/2022
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Why Cowen Stock Plummeted Almost 10% Today
- The news was likely due to a drop in investment banking revenue from some major players
- 07/18/2022
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Cowen (COWN) Soars 28.7%: Is Further Upside Left in the Stock?
- Cowen (COWN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 07/06/2022
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Why Shares of Cowen Popped Today
- Shares of the investment bank are rising based on takeout interest.
- 07/05/2022
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Cowen: A Deeply Discounted Opportunity
- Cowen looks set to meet and likely exceed its latest mid-term revenue target. In addition to the core investment banking and brokerage businesses, the nascent digital asset business provides investors a free call option.
- 06/10/2022
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6 Undervalued Financial Stocks to Buy Now
- 6 undervalued financial stocks to buy now. These stocks all trade below book value and/or have very low price-to-earnings (P/E) multiples.
- 06/10/2022
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3 Investment Bank Stocks to Buy Despite Industry Challenges
- The tough operating environment weighs on the Zacks Investment Bank industry, which will hurt revenue growth. Yet, Raymond James (RJF), Evercore (EVR) and Cowen (COWN) are worth investing in for long-term gains.
- 06/10/2022
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Is Cowen Group (COWN) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/08/2022
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The 7 Most Undervalued Small-Cap Stocks to Buy for June
- These 7 most undervalued small-cap stocks to buy in June have high odds for a strong rebound if there is an investor sentiment shift. The post The 7 Most Undervalued Small-Cap Stocks to Buy for June appeared first on InvestorPlace.
- 06/08/2022
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Is the Options Market Predicting a Spike in Cowen (COWN) Stock?
- Investors need to pay close attention to Cowen (COWN) stock based on the movements in the options market lately.
- 05/20/2022
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Cowen Inc. (COWN) CEO Jeffrey Solomon on Q1 2022 Results - Earnings Call Transcript
- Cowen Inc. (NASDAQ:COWN ) Q1 2022 Earnings Conference Call April 29, 2022 9:00 AM ET Company Participants J.T. Farley - Head of Investor Relations Jeffrey Solomon - Chief Executive Officer Stephen Lasota - Chief Financial Officer Conference Call Participants Steven Chubak - Wolfe Research Christopher Allen - Compass Point Research Sumeet Mody - Piper Sandler Michael Brown - Keefe, Bruyette, & Woods Devin Ryan - JMP Securities James Yaro - Goldman Sachs Operator Good morning, and thank you for joining us to discuss Cowen's Results for the First Quarter 2022.
- 04/29/2022
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Cowen Group (COWN) Q1 Earnings and Revenues Top Estimates
- Cowen (COWN) delivered earnings and revenue surprises of 121.31% and 11.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/29/2022
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Analysts Estimate Cowen Group (COWN) to Report a Decline in Earnings: What to Look Out for
- Cowen (COWN) 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.
- 04/22/2022
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The Top Reasons to Buy ChargePoint Holdings Stock Now
- With accelerating growth, and plenty of bullish analysts, I'd use weakness as opportunity with CHPT stock. The post The Top Reasons to Buy ChargePoint Holdings Stock Now appeared first on InvestorPlace.
- 04/21/2022
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New Strong Sell Stocks for April 12th
- ADNT, FRGI, and COWN have been added to the Zacks Rank #5 (Strong Sell) List on April 12, 2022.
- 04/12/2022
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Cowen to Hold Conference Call to Discuss First Quarter 2022 Financial Results
- NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that it will host a conference call on Friday, April 29, 2022, at 9:00 AM ET to discuss the Company's financial results for the first quarter of 2022.
- 04/11/2022
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Cowen CEO Jeffrey Solomon on launching digital asset desk
- Jeffrey Solomon, Cowen chair and CEO, joins 'Closing Bell' to discuss how it will provide institutional investors access to digital assets.
- 04/01/2022
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Cowen (COWN) Launches Cowen Digital, Its Digital Asset Division
- Cowen (COWN) announces the public launch of its digital asset division, Cowen Digital, to provide secured full-service trade execution and custody solutions to institutional clients.
- 03/24/2022
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Organon & Co. (OGN) CEO Kevin Ali Presents at 42nd Annual Cowen Health Care Conference (Transcript)
- Organon & Co. (OGN) CEO Kevin Ali Presents at 42nd Annual Cowen Health Care Conference (Transcript)
- 03/09/2022
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Bausch Health Companies Inc. (BHC) CEO Joe Papa Presents at Cowen 42nd Annual Healthcare Conference (Transcript)
- Bausch Health Companies Inc. (BHC) CEO Joe Papa Presents at Cowen 42nd Annual Healthcare Conference (Transcript)
- 03/08/2022
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Best Value Stocks to Buy for March 8th
- CCS, COWN, and TGH made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 8, 2022.
- 03/08/2022
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Illumina, Inc. (ILMN) CEO Francis deSouza Presents at Cowen Health Care Conference (Transcript)
- Illumina, Inc. (ILMN) CEO Francis deSouza Presents at Cowen Health Care Conference (Transcript)
- 03/07/2022
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CRISPR Therapeutics' (CRSP) CEO Sam Kulkarni on Cowen 42nd Annual Health Care Conference (Transcript)
- CRISPR Therapeutics' (CRSP) CEO Sam Kulkarni on Cowen 42nd Annual Health Care Conference (Transcript)
- 03/07/2022
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Thermo Fisher Scientific Inc. (TMO) CEO Marc Casper on 42nd Annual Cowen Health Care Conference (Transcript)
- Thermo Fisher Scientific Inc. (TMO) CEO Marc Casper on 42nd Annual Cowen Health Care Conference (Transcript)
- 03/07/2022
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Amarin Corporation plc (AMRN) CEO Karim Mikhail on Cowen 42nd Annual Health Care Conference (Transcript)
- Amarin Corporation plc (AMRN) CEO Karim Mikhail on Cowen 42nd Annual Health Care Conference (Transcript)
- 03/07/2022
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Best Value Stocks to Buy for February 28th
- ESEA, OMVJF, and CROX made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 28, 2022
- 02/28/2022
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Best Value Stocks to Buy for February 24th
- CCS, COWN, and VIST made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 24, 2022
- 02/24/2022
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Can Cowen (COWN) Climb 47% to Reach the Level Wall Street Analysts Expect?
- The mean of analysts' price targets for Cowen (COWN) points to a 47.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 02/18/2022
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Best Income Stocks to Buy for February 17th
- TRTN, COWN, and DHI made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 17, 2022
- 02/17/2022
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Best Value Stocks to Buy for February 17th
- COWN, DHI, and ARCB made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 17, 2022
- 02/17/2022
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New Strong Buy Stocks for February 17th
- ARCB, AAPL, COWN, FELE, and DHI have been added to the Zacks Rank #1 (Strong Buy) List on February 17, 2022.
- 02/17/2022
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Cowen Inc. (COWN) CEO Jeffrey Solomon on Q4 2021 Results - Earnings Call Transcript
- Cowen Inc. (COWN) CEO Jeffrey Solomon on Q4 2021 Results - Earnings Call Transcript
- 02/16/2022
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Cowen Group (COWN) Q4 Earnings and Revenues Surpass Estimates
- Cowen (COWN) delivered earnings and revenue surprises of 40.61% and 10.05%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/16/2022
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Why Despegar Stock Flew 21% Higher in January
- The Latin American travel website is expected to book big gains in 2022.
- 02/07/2022
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4 Top-Ranked Stocks With Impressive Net Profit Margins
- Let's take a look at four Buy-ranked stocks - Euroseas (ESEA), DLH Holdings (DLHC), Franklin Covey (FC) and Cowen Group (COWN) - with solid net profit margins.
- 02/07/2022
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Best Value Stocks to Buy for February 4th
- COWN, COMM, and UMC made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 4, 2022
- 02/04/2022
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Here's Why Cowen (COWN) Is a Great 'Buy the Bottom' Stock Now
- Cowen (COWN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
- 01/31/2022
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Explore These 5 Momentum Stocks Using Driehaus Strategy
- BANF, FULT, LMST, and COWN have been picked as the day's momentum stocks using the Driehaus strategy.
- 01/25/2022
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4 Solid Net Profit Margin Stocks to Craft a Standout Portfolio
- Here are four top-ranked stocks, DLHC, FC, COWN and FNF, with solid net profit margins that can contribute toward making a solid portfolio.
- 01/21/2022
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Cowen Provides Announces Date of Conference Call to Discuss Fourth Quarter and Full Year 2021 Financial Results
- NEW YORK, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that it will host a conference call on Wednesday, February 16, 2022 at 9:00 AM ET to discuss the Company's financial results for the fourth quarter and full year of 2021.
- 01/21/2022
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After Plunging 11.8% in 4 Weeks, Here's Why the Trend Might Reverse for Cowen (COWN)
- Cowen (COWN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 01/20/2022
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Wall Street Analysts Predict a 30% Upside in Cowen (COWN): Here's What You Should Know
- The consensus price target hints at a 30.1% upside potential for Cowen (COWN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 01/10/2022
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New Strong Buy Stocks for January 10th
- COWN, TGS, VCTR, ACN, and BBWI have been added to the Zacks Rank #1 (Strong Buy) List on January 10, 2022.
- 01/10/2022
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Best Value Stocks to Buy for January 10th
- COWN, VCTR, and AL made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 10, 2022
- 01/10/2022
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4 Momentum Picks Screened on Driehaus Strategy
- COWN, LH, BBWI, and ARCB qualified as the momentum picks for the day, using the Driehaus strategy.
- 01/10/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Cowen (COWN)
- Cowen (COWN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/03/2022
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How Cowen (COWN) Stock Stands Out in a Strong Industry
- Cowen (COWN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 12/15/2021
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Why Cowen (COWN) Could Be a Top Value Stock Pick
- Cowen (COWN) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
- 12/14/2021
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Stick with M&A boutiques and investment banks, says Piper Sandler's Jeff Harte
- Jeff Harte, Piper Sandler senior research analyst, joins 'The Exchange' to discuss 2021's big year for mergers and acquisitions.
- 12/13/2021
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Cowen: Undervaluation And Strong Prospects Are Too Tempting To Ignore
- The market seems to significantly underestimate Cowen's financial growth prospects in the medium term, which should lead to a) revisions in analysts' estimates or b) strong earnings surprises. Portico acquisition will add and expand COWN's existing pipeline, which will benefit the company in terms of diversifying its operations.
- 12/05/2021
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Cowen CEO says there will be 'ebbs and flows' but the SPAC market is still healthy
- Jeff Solomon, Cowen CEO, joins 'Closing Bell' to discuss what the SPAC market looks like after Singapore's Grab holdings plunged today following its Nasdaq debut.
- 12/02/2021
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Here's Why Cowen (COWN) Is a Great 'Buy the Bottom' Stock Now
- Cowen (COWN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
- 11/30/2021
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Cowen (COWN) Buyout of Portico Capital to Boost M&A Revenues
- To beef up its investment-banking business, Cowen (COWN) inks a deal to buy the software-focused M&A firm Portico Capital, expecting a rise in its M&A revenues.
- 11/29/2021
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Cowen (COWN) Buyout of Portico Capital to Boost M&A Revenues
- To beef up its investment-banking business, Cowen (COWN) inks a deal to buy the software-focused M&A firm Portico Capital, expecting a rise in its M&A revenues.
- 11/29/2021
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Cowen (COWN) Upgraded to Buy: Here's Why
- Cowen (COWN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 11/04/2021
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Cowen CEO: The Fed has 'done a great job' of communicating moves
- Cowen Inc. Chair and CEO Jeffrey Solomon discusses Fed tapering, the SPAC market, and crypto.
- 11/04/2021
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5 Well-Known Red-Hot Small-Cap Stocks Have Massive Upside Potential
- The massive run of the major indexes has been stunning over the past 18 months, and the wealth generated by it has been a huge positive for many Americans.
- 11/04/2021
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Cowen Inc.'s (COWN) CEO Jeffrey Solomon on Q3 2021 Results - Earnings Call Transcript
- Cowen Inc.'s (COWN) CEO Jeffrey Solomon on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
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Cowen Names William Prager Head of ETF Trading
- NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that William Prager has joined the Company as Managing Director and Head of ETF Trading. In this role he will oversee the continued growth of Cowen's ETF trading capabilities and platform. Mr. Prager will be based in New York and report to Kyle Solomon, Managing Director and U.S. Head of Alternative Equity Strategies and Drew Forman, Managing Director and Head of Derivatives.
- 10/18/2021
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Cowen Research and AFS Logistics Launch Index to Track and Predict Pricing Within the Air Freight & Surface Transportation Sector
- NEW YORK and SHREVEPORT, La., Oct. 11, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”), and AFS Logistics, LLC (“AFS”), today announced the launch of the Cowen/AFS Freight Index (“Freight Index”). The Freight Index will serve to provide Cowen's institutional clients with predictive pricing tools for multiple sectors within the freight industry, on a quarterly basis. The Freight Index will provide a performance snapshot of less-than-truckload shipping (LTL), full truckload shipping (TL), and parcel shipping (both express and ground, separately). This data will be featured in Cowen's market-leading air freight and surface transportation equity research. Jason Seidl, Cowen's Senior Analyst for Airfreight & Surface Transportation, is leading the initiative.
- 10/11/2021
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Elevated Valuations Could Cause Problems for Cowen Stock
- Financial services company Cowen has seen key segment growth slow down, which in turn has caused COWN stock to be overvalued. The post Elevated Valuations Could Cause Problems for Cowen Stock appeared first on InvestorPlace.
- 10/08/2021
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Cowen to Hold Conference Call to Discuss Third Quarter 2021 Financial Results
- NEW YORK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will host a conference call on Friday, October 29, 2021 at 9:00 AM ET to discuss the Company's financial results for the third quarter of 2021.
- 10/05/2021
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7 Financial Stocks to Buy to Get Ready for the Fed's Next Move
- Given that loan growth has been non-existent for the last year, rising interest rates are poised to push financial stocks higher. The post 7 Financial Stocks to Buy to Get Ready for the Fed's Next Move appeared first on InvestorPlace.
- 10/05/2021
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Dan Brennan Joins Cowen's Equity Research Team to Cover Life Science & Diagnostic Tools
- NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Dan Brennan has joined the Company's equity research team to further expand the firm's coverage of the life science & diagnostic tools sector. He will be based in New York, and will report to Robert Fagin, Cowen's Head of Research.
- 10/04/2021
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Tyler Van Buren Joins Cowen's Equity Research Team to Cover Biotechnology
- NEW YORK, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Tyler Van Buren has joined the Company's equity research team to further expand the firm's coverage of the biotechnology sector. He will be based in New York and will report to Robert Fagin, Cowen's Head of Research.
- 10/01/2021
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Congestion, weather and chip shortages cloud rail's outlook: Cowen
- Supply chain congestion, weather-related incidents such as wildfires and Hurricane Ida, and ongoing automotive production challenges could force the Class I railroads to revise their financial outlooks for 2021, according to a note from investment firm Cowen. “We revise our rail carloadings and reflect cost implications to lower our Q3 rail estimates below consensus forecasts; we see Q3 consensus as stale and see further downward revisions.
- 09/27/2021
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Cowen Board of Directors Approves Increase in Share Repurchase Program to $50 million
- NEW YORK, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its Board of Directors has approved an increase in the Company's existing share repurchase program (the “Share Repurchase Program”). With this increase, the total amount now available for repurchase under the current plan is $50 million.
- 09/22/2021
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7 Stocks To Buy To Bet on Underappreciated CEOs
- We hear plenty of stories about overpaid CEOs. Here are seven stocks to buy whose CEOs aren't but still manage to deliver for shareholders.
- 09/10/2021
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Delta Air Lines' (DAL) CEO Ed Bastian Presents at Cowen 14th Annual Global Transportation & Sustainable Mobility Conference (Transcript)
- Delta Air Lines' (DAL) CEO Ed Bastian Presents at Cowen 14th Annual Global Transportation & Sustainable Mobility Conference (Transcript)
- 09/09/2021
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This Healthcare Benefits Company Is About to Shake the Ground With Its New Footprint
- A proprietary, technology-based platform is attracting consumers and providers.
- 09/02/2021
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John Patrick Miller Joins Cowen Research's Washington Research Group to Cover ESG and Sustainability Policy
- NEW YORK, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that John Patrick Miller has joined Cowen Research's Washington Research Group (“WRG”) to cover ESG and sustainability policy. He will be based in Washington, D.C. and will report to Robert Fagin, Cowen's Director of Research.
- 09/02/2021
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Cowen Bolsters Alternative Strategies Global Advisory Team With Four Senior Hires
- Cowen to grow global market leading business in event-driven investing and catalyst-driven situations Cowen to grow global market leading business in event-driven investing and catalyst-driven situations
- 09/01/2021
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Cowen: Attractively Priced With Significant Growth Opportunities
- Cowen: Attractively Priced With Significant Growth Opportunities
- 08/23/2021
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7 Financial Stocks to Buy as the Treasury Yield Regains Momentum
- Wall Street regards these seven financial stocks as good investments right now. They look like great picks to help you beat inflation.
- 08/19/2021
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Warren Buffett Can't Buy This Stock, but You Can
- There are certain types of stocks that the Oracle of Omaha canʻt touch -- this is one of them.
- 08/16/2021
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Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock
- NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company's 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”).
- 07/28/2021
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Cowen Inc. (COWN) CEO Jeffrey Solomon on Q2 2021 Results - Earnings Call Transcript
- Cowen Inc. (COWN) CEO Jeffrey Solomon on Q2 2021 Results - Earnings Call Transcript
- 07/28/2021
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Cowen Announces Financial Results for Second Quarter 2021
- NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the second quarter ended June 30, 2021.
- 07/28/2021
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Cowen: An Investment Bank Worthy Of Your Investment?
- Cowen is achieving fantastic revenue and profit growth and is focused on optimizing its capital for the benefit of shareholders. The company is investing in its platform and increasing publishing analysts to provide clients with the best research and take market share from competitors.
- 07/19/2021
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Cowen Group (COWN) Stock Moves -0.81%: What You Should Know
- In the latest trading session, Cowen Group (COWN) closed at $39.08, marking a -0.81% move from the previous day.
- 07/11/2021
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Cowen Group (COWN) Stock Moves -0.81%: What You Should Know
- In the latest trading session, Cowen Group (COWN) closed at $39.08, marking a -0.81% move from the previous day.
- 07/08/2021
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Should Value Investors Now Choose Cowen Group (COWN) Stock?
- Let's see if Cowen Group (COWN) stock is a good choice for value-oriented investors right now from multiple angles.
- 07/06/2021
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Cowen Group (COWN) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Cowen Group (COWN) closed at $41.97, marking a +1.21% move from the previous day.
- 07/02/2021
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Cowen Group (COWN) Outpaces Stock Market Gains: What You Should Know
- Cowen Group (COWN) closed at $41.05 in the latest trading session, marking a +0.84% move from the prior day.
- 06/30/2021
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Cowen Group (COWN) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Cowen Group (COWN) closed at $43.67, marking a +1.21% move from the previous day.
- 06/24/2021
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Cowen to Hold Conference Call to Discuss Second Quarter 2021 Financial Results
- NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will host a conference call on Wednesday, July 28, 2021 at 9:00 AM ET to discuss the Company's financial results for the second quarter of 2021.
- 06/24/2021
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Cowen Board of Directors Approves Increase in Share Repurchase Program to $50 million
- NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has approved an increase in the Company's existing share repurchase program (the “Share Repurchase Program”). With this increase, the total amount now available for repurchase under the current plan is $50 million.
- 06/22/2021
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Cowen Expands Global Capital Introduction Team, Providing Extended Solutions for Prime Brokerage and Outsourced Trading Clients
- NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Cowen (NASDAQ:COWN) (“Cowen” or the “Company”) has expanded its global capital introduction team with two new senior appointments as it continues extending the services and coverage it provides to its prime brokerage and outsourced trading clients. Cowen's global capital introduction team now comprises eight capital introduction professionals, with additional hires planned over the next couple of years.
- 06/22/2021
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Cowen Group (COWN) Dips More Than Broader Markets: What You Should Know
- Cowen Group (COWN) closed at $38.62 in the latest trading session, marking a -1.5% move from the prior day.
- 06/17/2021
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IPO market is set up for strong second half of 2021, says Cowen CEO
- CNBC's "TechCheck" team discusses the pullback in the IPO market with Cowen CEO Jeffrey Solomon.
- 06/17/2021
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Cowen Group (COWN) Gains As Market Dips: What You Should Know
- In the latest trading session, Cowen Group (COWN) closed at $39.21, marking a +0.75% move from the previous day.
- 06/16/2021
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Cowen Outsourced Trading Expands Fixed Income Team With Two Senior Traders
- NEW YORK, June 15, 2021 (GLOBE NEWSWIRE) -- Cowen (NASDAQ:COWN) (“Cowen” or the “Company”) today announced the expansion of its Fixed Income Outsourced Trading team with two senior hires, Vincent Governara and Chris Taliercio. Both traders bring over 15 years' experience in the credit space at buy-side and sell-side institutions.
- 06/15/2021
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Cowen Announces Its Membership in Out Leadership
- Out Leadership, a leader in LGBTQ+ equality, welcomes leading investment bank and financial services firm Cowen as its newest member Out Leadership, a leader in LGBTQ+ equality, welcomes leading investment bank and financial services firm Cowen as its newest member
- 06/10/2021
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Cowen Group (COWN) Stock Moves -0.13%: What You Should Know
- Cowen Group (COWN) closed the most recent trading day at $38.57, moving -0.13% from the previous trading session.
- 06/09/2021
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Jenny Killeen Joins Cowen as Head of Human Resources
- Industry veteran Jane Gerhard retiring Industry veteran Jane Gerhard retiring
- 06/08/2021
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Cowen Group (COWN) Gains As Market Dips: What You Should Know
- Cowen Group (COWN) closed the most recent trading day at $39.53, moving +0.84% from the previous trading session.
- 06/03/2021
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Gary Taylor Joins Cowen's Equity Research Department as Health Care Facilities and Managed Care Analyst
- NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Gary Taylor has joined the Company's equity research department to cover health care facilities and managed care stocks. He will be focused on both legacy and emerging health care payors and providers. Gary will report to Robert Fagin, Cowen's Director of Research.
- 06/02/2021
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FireEye, Inc (FEYE) CEO Kevin Mandia Presents at Cowen 49th Annual Technology, Media & Communications Conference (Transcript)
- FireEye, Inc (FEYE) CEO Kevin Mandia Presents at Cowen 49th Annual Technology, Media & Communications Conference (Transcript)
- 06/01/2021
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Mark Kelly Joins Cowen Execution Services Limited as Global Head of Alternative Equity Strategies
- NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Mark Kelly has been named Managing Director and Global Head of Alternative Equity Strategies for Cowen Execution Services Limited (CESL). He will be based in London and report to Matt Cyzer, Chief Executive Officer of CESL.
- 06/01/2021
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Cowen, Inc. (COWN) CEO Jeffrey Solomon on Q1 2021 Results - Earnings Call Transcript
- Cowen, Inc. (COWN) CEO Jeffrey Solomon on Q1 2021 Results - Earnings Call Transcript
- 05/02/2021
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Cowen Announces Record Financial Results for First Quarter 2021
- NEW YORK, April 29, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the first quarter ended March 31, 2021.
- 04/29/2021
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Brian Holland Joins Cowen's Equity Research Team as Senior Analyst for Sustainable Food & Healthy Living
- NEW YORK, April 27, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Brian Holland has joined the Company's equity research team to cover sustainable food & healthy living, a new sector vertical at Cowen anchored in food innovation, sustainable agriculture technology and other emerging products and business models focused on health and wellness. He will report to Robert Fagin, Cowen's Head of Research.
- 04/27/2021
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Kyber Data Science Launches Next-Gen Health Care Data Platform for Institutional Investors
- New User Interface Enables Investors to Quickly See What Matters for Complex Health Care Products and Markets New User Interface Enables Investors to Quickly See What Matters for Complex Health Care Products and Markets
- 04/26/2021
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Cowen Set For Further Benefits From Investment Banking Boom
- Cowen Set For Further Benefits From Investment Banking Boom
- 04/15/2021
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Top Ranked Value Stocks to Buy for April 13th
- Top Ranked Value Stocks to Buy for April 13th
- 04/13/2021
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Cowen Group (COWN) Gains As Market Dips: What You Should Know
- Cowen Group (COWN) closed at $37.75 in the latest trading session, marking a +1.04% move from the prior day.
- 04/12/2021
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Top Ranked Value Stocks to Buy for April 8th
- Top Ranked Value Stocks to Buy for April 8th
- 04/08/2021
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Is Cowen Group (COWN) Stock Outpacing Its Finance Peers This Year?
- Is (COWN) Outperforming Other Finance Stocks This Year?
- 04/07/2021
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Cowen Group (COWN) Stock Sinks As Market Gains: What You Should Know
- Cowen Group (COWN) closed the most recent trading day at $35.15, moving -0.14% from the previous trading session.
- 03/31/2021
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Cowen to Hold Conference Call to Discuss First Quarter 2021 Financial Results
- NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will host a conference call on Thursday, April 29, 2021 at 9:00 AM ET to discuss the Company's financial results for the first quarter of 2021.
- 03/31/2021
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Top Ranked Value Stocks to Buy for March 25th
- Top Ranked Value Stocks to Buy for March 25th
- 03/25/2021
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Cowen Outsourced Trading Wins HFM European Services Award 2021
- Named “Best Outsourced Trading” Named “Best Outsourced Trading”
- 03/25/2021
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Cowen Announces Closing of $300 Million Term Loan Due 2028 and $25 Million Revolving Credit Facility Due 2026
- Cowen Also Calls for Redemption its 7.35% Senior Notes Due 2027 and 3.00% Senior Convertible Notes Due 2022 Cowen Also Calls for Redemption its 7.35% Senior Notes Due 2027 and 3.00% Senior Convertible Notes Due 2022
- 03/24/2021
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Cowen Board of Directors Approves Increase in Share Repurchase Program to $25 million
- NEW YORK, March 18, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has approved an increase in the Company's existing share repurchase program (the “Share Repurchase Program”). With this increase, the total amount now available for repurchase under the current plan is $25 million.
- 03/18/2021
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Is Cowen Group (COWN) Outperforming Other Finance Stocks This Year?
- Is (COWN) Outperforming Other Finance Stocks This Year?
- 03/18/2021
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Cowen Group (COWN) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Cowen Group (COWN) closed at $37.67, marking a +1.32% move from the previous day.
- 03/17/2021
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Why Cowen (COWN) Stock Might be a Great Pick
- Cowen (COWN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/16/2021
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Cowen CEO Jeff Solomon on inflation concerns, growth expectations and tech stocks
- Jeffrey Solomon, chairman and CEO at Cowen, joined "Squawk on the Street" to discuss investors' concerns about potential inflation, GDP growth expectations as the U.S. comes out of the pandemic and how investors can handle the volatility in the tech sector.
- 03/12/2021
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Cowen Outsourced Trading Wins Hedgeweek European Award 2021
- LONDON, March 12, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its global Outsourced Trading group has been named “Best Outsourced Trading Solution” at the Hedgeweek European Awards 2021. The awards are based on a peer review system and decided on by a poll of Hedgeweek's readers, which include institutional and high net worth investors, hedge fund managers and other industry professionals, such as fund administrators, prime brokers, custodians and advisers.
- 03/12/2021
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Thermo Fisher Scientific's (TMO) CEO Marc Casper Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Thermo Fisher Scientific's (TMO) CEO Marc Casper Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/03/2021
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Illumina, Inc. (ILMN) CEO Francis deSouza Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Illumina, Inc. (ILMN) CEO Francis deSouza Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/02/2021
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Teladoc Health, Inc. (TDOC) CEO Jason Gorevic Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Teladoc Health, Inc. (TDOC) CEO Jason Gorevic Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/02/2021
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Vertex Pharmaceuticals Incorporated (VRTX) CEO Reshma Kewalramani Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Vertex Pharmaceuticals Incorporated (VRTX) CEO Reshma Kewalramani Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/02/2021
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Biogen Inc. (BIIB) CEO Michel Vounatsos Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Biogen Inc. (BIIB) CEO Michel Vounatsos Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/02/2021
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Exelixis' (EXEL) CEO Mike Morrissey on Cowen 41st Annual Health Care Conference - Transcript
- Exelixis' (EXEL) CEO Mike Morrissey on Cowen 41st Annual Health Care Conference - Transcript
- 03/01/2021
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Danaher Corporation (DHR) CEO Rainer Blair Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Danaher Corporation (DHR) CEO Rainer Blair Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/01/2021
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Amarin Corporation plc (AMRN) CEO John Thero Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Amarin Corporation plc (AMRN) CEO John Thero Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/01/2021
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Bausch Health's (BHC) CEO Joe Papa Presents at Cowen 41st Annual Health Care Conference (Transcript)
- Bausch Health's (BHC) CEO Joe Papa Presents at Cowen 41st Annual Health Care Conference (Transcript)
- 03/01/2021
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Top Ranked Value Stocks to Buy for February 26th
- Top Ranked Value Stocks to Buy for February 26th
- 02/26/2021
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Cowen Sustainable Investments Reaches Over $1.1 Billion in Platform Assets
- Closes Inaugural Fund with $919 Million of Commitments Closes Inaugural Fund with $919 Million of Commitments
- 02/24/2021
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5 Buy-Ranked Stocks That Recently Touched Annual Highs
- Chasing a stock that recently hit a high can be risky.
- 02/23/2021
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Shaul Eyal Joins Cowen's Equity Research Team as Cybersecurity Analyst
- NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Shaul Eyal has joined the Company's equity research team to cover cybersecurity and information security stocks. He will report to Robert Fagin, Cowen's Head of Research.
- 02/23/2021
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Adam Chazan Joins Cowen's Health Care Investment Banking Team
- NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Adam Chazan has joined the Company's Investment Banking division as a Managing Director with leadership responsibility for the firm's Tools and Diagnostics banking practice. Mr. Chazan will be based in New York and report to George Milstein, Head of the Health Care Investment Banking Group.
- 02/22/2021
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Top Ranked Value Stocks to Buy for February 19th
- Top Ranked Value Stocks to Buy for February 19th
- 02/19/2021
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Top Ranked Momentum Stocks to Buy for February 18th
- Top Ranked Momentum Stocks to Buy for February 18th
- 02/18/2021
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Here's Why Cowen Group (COWN) is a Great Momentum Stock to Buy
- Does Cowen Group (COWN) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/17/2021
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Cowen Outsourced Trading Adds to Boston Office
- Seasoned trader Adam Strout joins Company Seasoned trader Adam Strout joins Company
- 02/17/2021
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Cowen's (COWN) CEO Jeffrey Solomon on Q4 2020 Results - Earnings Call Transcript
- Cowen's (COWN) CEO Jeffrey Solomon on Q4 2020 Results - Earnings Call Transcript
- 02/11/2021
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Cowen Group (COWN) Beats Q4 Earnings and Revenue Estimates
- Cowen (COWN) delivered earnings and revenue surprises of 81.03% and 35.26%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/11/2021
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Top Ranked Value Stocks to Buy for February 9th
- Top Ranked Value Stocks to Buy for February 9th
- 02/09/2021
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Should Value Investors Buy Cowen Group (COWN) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/02/2021
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Top Ranked Value Stocks to Buy for February 2nd
- Top Ranked Value Stocks to Buy for February 2nd
- 02/02/2021
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A Top 5G Stock to Watch This Earnings Season
- Supplier relationships with two big 5G smartphone makers could be a boon for this chipmaker.
- 01/31/2021
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Cowen: From Lethargic To Energetic In The Time Of The Pandemic
- Although efficiency and viability have to be improved, Cowen, Inc. has shown a steady revenue growth over the years. Despite the uncertainties in the time of the pandemic, the company was able to pay dividends for the first time.
- 01/29/2021
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Frank Dunlevy Rejoins Cowen as Vice Chair of Investment Banking
- NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Frank Dunlevy has returned to the firm's investment bank, Cowen and Company, LLC as Vice Chair of Investment Banking. Mr. Dunlevy will be initially based in New York and Washington D.C., and will also spend time in the firm's San Francisco and Dallas offices. He will be focused on helping drive value for Cowen's clients across its global platform.
- 01/27/2021
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Top Ranked Value Stocks to Buy for January 26th
- Top Ranked Value Stocks to Buy for January 26th
- 01/26/2021
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Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock
- NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company's 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”).
- 01/26/2021
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Kelly Weigel Joins Cowen's Management Committee
- NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Kelly Weigel, Managing Director and Head of Marketing, has joined Cowen's Management Committee. The Management Committee is comprised of senior executives from across the organization and is responsible for the development and execution of Cowen's long-term strategy.
- 01/25/2021
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Are You Looking for a Top Momentum Pick? Why Cowen Group (COWN) is a Great Choice
- Does Cowen Group (COWN) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/18/2021
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Top Ranked Value Stocks to Buy for January 15th
- Top Ranked Value Stocks to Buy for January 15th
- 01/15/2021
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Are Investors Undervaluing Cowen Group (COWN) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/14/2021
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Cowen Mourns the Passing of Director Jack H. Nusbaum
- NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced with great sadness that Director Jack H. Nusbaum passed away unexpectedly on January 11, 2021.
- 01/12/2021
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Cowen to Hold Conference Call to Discuss Fourth Quarter 2020 Financial Results
- NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) will host a conference call on Thursday, February 11, 2021 at 9:00 AM ET to discuss the Company's financial results for the fourth quarter of 2020.
- 01/12/2021
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Joram Siegel Joins Cowen as Head of Fixed Income Outsourced Trading
- NEW YORK, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Joram Siegel has joined its Outsourced Trading division as Managing Director, Head of Fixed Income Outsourced Trading. Mr. Siegel will be based in New York and report to Michael Rosen and Jack Seibald, Global Co-Heads of Prime Brokerage and Outsourced Trading.
- 01/05/2021
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Cowen CEO: There will be volatility in the short term
- Jeff Solomon, chairman and CEO of Cowen, joins "Squawk on the Street" to discuss his outlook for the market in the short and long term.
- 01/04/2021
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Is Cowen Group (COWN) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/22/2020
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Top Ranked Value Stocks to Buy for December 22nd
- Top Ranked Value Stocks to Buy for December 22nd
- 12/22/2020
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Cowen Prime Services Wins Global Custodian Industry Leaders Awards
- Named “Prime Broker of the Year” and “Best Prime Brokerage, Financing” Named “Prime Broker of the Year” and “Best Prime Brokerage, Financing”
- 12/14/2020
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Cowen and Intrepid Partners Expand Strategic Alliance With Dedicated Energy Innovation and Transition Partnership
- NEW YORK and HOUSTON, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Cowen and Company, LLC, the investment banking division of Cowen Inc. (NASDAQ:COWN) (collectively, “Cowen”), and Intrepid Partners, LLC (“Intrepid”), the advisory business of the energy-focused merchant bank Intrepid Financial Partners, LLC, today announced the launch of a new joint advisory effort focused on Energy Innovation and Transition. Cowen and Intrepid will provide expert advice to both existing and new clients focused on the global transition to new energy sources.
- 12/02/2020
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Kyber Data Science Announces New Senior Hires
- NEW YORK, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Kyber Data Science, LLC (“Kyber”), a subsidiary of Cowen Inc. (NASDAQ:COWN) (“Cowen”), today announced several new senior hires who have recently joined the company, and the promotion of Brian Engelbert to COO of Kyber.
- 11/16/2020
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Cowen CEO Expects Fiscal Stimulus By Year-End
- Nov.06 -- Cowen Chairman and CEO Jeffrey Solomon joins Caroline Hyde, Romaine Bostick and Sonali Basak on Bloomberg Markets: The Close and says he expects Congress to pass another round of fiscal stimulus in the U.S. by the end of this year.
- 11/06/2020
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Cowen CEO Solomon Expects Fiscal Stimulus By End of Year
- Nov.06 -- Cowen Inc. Chief Executive Officer Jeffrey Solomon says the narrative that Republicans are better for equities than Democrats isn't true because it is fundamental economics that ultimately drives markets. He speaks on "Bloomberg Markets: The Close.
- 11/06/2020
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Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock And Increases Common Stock Share Repurchase Authorization
- NEW YORK, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company's 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”).
- 10/27/2020
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Cowen Inc. (COWN) CEO Jeffrey Solomon on Q3 2020 Results - Earnings Call Transcript
- Cowen Inc. (COWN) CEO Jeffrey Solomon on Q3 2020 Results - Earnings Call Transcript
- 10/27/2020
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Investor Interest in Renewable Energy Is the Highest in Years. The Election Has Something to Do With It.
- The renewable energy sector is outpacing the S&P this year. Democratic presidential candidate Joe Biden’s clean energy plan is helping drive the interest.
- 10/22/2020
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Netflix earnings: Watch these two levels carefully ahead of the much-anticipated report, trader says
- With Netflix's third-quarter earnings report on deck, two traders break down their expectations for the streaming giant's results.
- 10/20/2020
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Wall Street backs Intel's $9 billion sale of NAND unit to Hynix
- Wall Street backs Intel's $9 billion sale of NAND unit to Hynix
- 10/20/2020
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How One Executive Search and Consulting Firm is Helping Businesses Bounce Back Through Value Proposition
- Nationally respected executive search firm, Cowen Partners, Guides Organizations To Post-Pandemic Success
- 10/19/2020
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How Washington’s inability to budget could still mean a stimulus before 2021
- With a new bill needed to keep the government's lights on and the election over, the next temporary funding bill could be crucial to getting at least some...
- 10/19/2020
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American, Southwest, and Alaska Outlooks Will Overshadow Earnings
- Steep losses are on the table for airlines, but Wall Street will be looking to their guidance and signs that they are closing the gap between revenue and cost to reach cash-flow break-even.
- 10/19/2020
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There’s an IPO Party in Biotech. Praxis Precision Led Friday’s Slate With a 62% Pop.
- A dozen biotech companies have gone public this month, including four that listed on Friday.
- 10/16/2020
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Airlines Are Emphasizing Safety to Try to Convince People to Fly. Wall Street Remains Bullish on the Stocks.
- Demand remains weak, but carriers are cutting costs and doubling down on safety. Wall Street is reiterating Buys on the stocks
- 10/15/2020
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ASML HOLDING NV (ASML) Q3 2020 Earnings Call Transcript | The Motley Fool
- ASML earnings call for the period ending September 30, 2020.
- 10/14/2020
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Apple unveiled a slew of new iPhones—here's what Cramer and others think of the stock
- Apple announced four new iPhone 12 models on Tuesday, all of which support new, faster 5G networks. Six experts break down how they view the new products and what it may mean for Apple's stock performance going forward.
- 10/14/2020
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Stock market live Wednesday: Dow falls 165, banks drop, stimulus stalemate
- This is CNBC's markets live blog that will be updated throughout the day.
- 10/14/2020
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Spruce Biosciences Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
- Spruce Biosciences Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
- 10/14/2020
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Delta’s Earnings Were Weak. Why Wall Street Is Sticking With the Stock.
- The airline indicated in a news release that it could take another two years until it sees a “normalized revenue environment.”
- 10/13/2020
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Why Is Ted Weschler Buying Dillard's Stock? A Few Reasons (NYSE:DDS)
- Dillard's stock is up on news that key Buffett lieutenant Ted Weschler personally bought a 5.89 percent stake in the retailer.
- 10/12/2020
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Amazon Prime Day Ahead: How Much Will We Buy Now?
- Amazon Prime Day Ahead: How Much Will We Buy Now?
- 10/12/2020
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Shattuck Labs Surges in Market Debut Amid Flurry of IPOs
- Chinese edutainment company iHuman also jumps on first trading day.
- 10/09/2020
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Why Tesla Stock Is a Bulletproof Election Play
- The Biden campaign is touting $2 trillion in spending that could aid green-energy stocks, but a second Trump term doesn’t have to derail the Tesla rally.
- 10/09/2020
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Nikola Sees New Competition From an Unlikely Source—an Oil Giant
- French energy giant Total announced an investment in Hyzon Motors, a French company making hydrogen fuel-cell-powered heavy-duty trucks.
- 10/09/2020
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Why Wall Street Is Still Bullish on Airline Stocks
- Investors seem to be betting that Washington will provide another industry bailout.
- 10/09/2020
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Praxis Precision sets IPO terms, to be valued at up to $615 million
- Praxis Precision Medicines Inc. undefined set terms for its initial public offering, in which the Massachusetts-based biopharmaceutical company developing...
- 10/09/2020
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Spruce Biosciences prices upsized IPO at $15 a share, to raise $90 million
- Spruce Biosciences Inc. undefined said Friday that its initial public offering, which was upsized by 20%, priced at $15 a share, as the California-based...
- 10/09/2020
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Spruce Biosciences Announces Pricing of Upsized Initial Public Offering
- Spruce Biosciences Announces Pricing of Upsized Initial Public Offering
- 10/09/2020
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Airline Recovery Next Year Looks Bleak, but Analysts See Gains in Some Stocks
- J.P. Morgan and Cowen are sounding more bearish on a recovery in air travel as the industry heads into a tough earnings season.
- 10/07/2020
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Walmart Is Moving Toward a ‘One-Stop-Shop for Health Care’
- Cowen & Co. analyst Oliver Chen says health-care services would distinguish Walmart from competitors. He rates the stock at Outperform.
- 10/07/2020
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Array Technologies, Inc. Announces Launch of Initial Public Offering
- Array Technologies, Inc. (the “Company”) today announced that it has launched the roadshow for the initial public offering of its common stock. The Co
- 10/07/2020
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California State Teachers Retirement System Sells 3,323 Shares of Cowen Inc. (NASDAQ:COWN)
- California State Teachers Retirement System decreased its stake in shares of Cowen Inc. (NASDAQ:COWN) by 7.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,285 shares of the financial services provider’s stock after selling 3,323 shares during the period. California State Teachers Retirement […]
- 10/04/2020
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U.S. drillers add oil and gas rigs for third week in a row - Baker Hughes
- U.S. drillers add oil and gas rigs for third week in a row - Baker Hughes
- 10/02/2020
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Stocks making the biggest moves midday: Nikola, Datadog, Micron, Canada Goose & more
- Check out the companies making headlines in midday trading.
- 09/30/2020
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Buy Canada Goose Stock, Analyst Says. It’s an ‘Outdoor Resource’ in the Pandemic.
- The Covid-19 pandemic shows no signs of slowing in the U.S. as winter approaches. That should support winter gear purchases.
- 09/30/2020
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Futures Slide on Virus Spike, GDP Release
- Sep 30, 2020 (Baystreet.ca via COMTEX) --
Futures for Canada's main stock index fell on Wednesday, dragged down by falling oil prices amid worries of...
- 09/30/2020
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Jane Street Group LLC Takes $200,000 Position in Cowen Inc (NASDAQ:COWN)
- Jane Street Group LLC acquired a new stake in Cowen Inc (NASDAQ:COWN) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,364 shares of the financial services provider’s stock, valued at approximately $200,000. Other hedge funds and other institutional investors have also modified their holdings […]
- 09/30/2020
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COVID-19 stimulus talks face deadline of noon Wednesday, Democrats say
- Wednesday is looking like high noon -- literally -- for efforts to pass a coronavirus fiscal stimulus package before the Nov. 3 presidential election.
- 09/29/2020
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RH shares rise after analyst upgrade on potential for high-end home investments
- Shares of home design retailer RH undefined rose 5.4% in Tuesday trading after the company was upgraded to outperform from market perform at Cowen and raised...
- 09/29/2020
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GM Has a Decision to Make. It’s Huge for Nikola Investors.
- A deal that would give the car maker an 11% stake in Nikola is scheduled to close on Wednesday, but the companies say talks are continuing.
- 09/29/2020
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Cleveland-Cliffs’ Blockbuster Steel Deal Reshapes Industry. The Stock Is Soaring.
- Cleveland-Cliffs agreed to purchase ArcelorMittal USA from steel giant ArcelorMittal. Here’s why the deal is a shocker.
- 09/28/2020
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How SpaceX, Virgin Galactic, Blue Origin and others compete in the growing space tourism market
- The space tourism market has remained nascent for the past two decades, but a handful of companies are looking to change that.
- 09/26/2020
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U.S. IPO Weekly Recap: Health And Tech Dominate The Calendar In An 11 IPO Week
- September activity remained high as 11 IPOs and eight SPACs went public this past week. The IPO market shows no signs of slowing with eight IPOs and 18 SPACS submitting initial filings.
- 09/26/2020
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Public Employees Retirement System of Ohio Has $320,000 Position in Cowen Inc (NASDAQ:COWN)
- Public Employees Retirement System of Ohio boosted its holdings in shares of Cowen Inc (NASDAQ:COWN) by 153.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,733 shares of the financial services provider’s stock after buying an additional 11,945 shares during […]
- 09/26/2020
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A Bull Vs. Bear Debate On Nikola Following Milton's Resignation
- The sell-off in Nikola Corporation (NASDAQ: NKLA) since the Hindenburg Research report accusing the company of being an “intricate fraud built on dozens of lies”...
- 09/25/2020
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Exact Sciences Stock Surges on Cancer Blood-Test Results
- Company “could be well-positioned as a major player in the liquid biopsy-based cancer screening market,” Cowen analyst says.
- 09/24/2020
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Embattled Nikola Gets Its First Sell Rating From Wall Street
- The heavy-duty trucking pioneer’s recent drama is enough to shake the confidence of any investor. But that isn’t the only reason a Wedbush analyst downgraded the stock.
- 09/24/2020
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Cowen : Joins More Than 1,300 CEOs in Commitment to Advance Inclusion and Diversity in the Workplace | MarketScreener
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Cowen Joins More Than 1,300 CEOs in Commitment to Advance Inclusion and Diversity in the Workplace | MarketScreener
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The Boston Beer Company: More Room To Run (NYSE:SAM)
- The Boston Beer Company has commonalties with Monster Beverage; a legacy beverage maker being reignited by leading an emerging category.
- 09/23/2020
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Sneaker Platform Goat Group Raises $100 Million to Fund Expansion Plans
- Goat Group, best known for its online marketplace for sneakerheads, has raised $100 million in a Series E funding round to further its expansion into new apparel and product categories.
- 09/23/2020
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Illumina to Webcast Upcoming Investor Conference Presentation
- Illumina, Inc. (NASDAQ:ILMN) today announced that its executives will be speaking at the following investor conference and invited investors to partic
- 09/23/2020
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JetBlue Cuts Capacity as Airlines Brace for a Wave of Job Cuts
- The airline plans to cut capacity more than it previously expected in the third quarter—a sign that the fall travel season may be tougher than expected.
- 09/22/2020
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Groceries Are One of the Fastest-Growing E-commerce Segments. What to Know About the Coming Boom.
- “People are learning that you can get pretty much everything you want with a 99% satisfaction rate,” says Pedro Palandrani, research analyst at...
- 09/22/2020
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Nikola founder Trevor Milton forfeits $166 million in stock he would have lost anyway and gets to keep $3.1 billion under separation deal
- Nikola founder Trevor Milton really didn't give up much since the restricted shares he forfeited were contingent on his "continued service" at the company.
- 09/21/2020
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Microsoft and Bethesda Should Up Each Other’s Game
- Deal brings big games to Xbox subscription service and could help accelerate Bethesda’s pace.
- 09/21/2020
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Here’s what Wall Street is saying about Nikola founder’s ‘shocking’ departure
- Wall Street is hoping that the founder’s exit turns down the noise around the electric-vehicle maker.
- 09/21/2020
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Analysts worry Ginsburg replacement fight will take Congress’ eye off ball of fiscal aid
- Some analysts worry a Senate procedural brawl over naming and confirming a replacement for Ruth Bader Ginsburg to the U.S. Supreme Court will take lawmakers'...
- 09/21/2020
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Tesla traders bet on Musk battery pitch to spark rally
- Tesla traders bet on Musk battery pitch to spark rally
- 09/21/2020
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U.S. IPO Weekly Recap: Snowflake's IPO Breaks Records In A Diverse 15-IPO Week
- In the busiest week yet for the 2020 IPO market, 15 IPOs raised $8.7 billion. Snowflake took the spotlight, completing the largest software IPO ever and bagging the biggest billion-dollar pop in two decades.
- 09/19/2020
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Cowen : to Acquire Investment Banking Business of MHT Partners, Further Deepening Coverage of Middle-Market and Private Equity Investors | MarketScreener
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Cowen to Acquire Investment Banking Business of MHT Partners, Further Deepening Coverage of Middle-Market and Private Equity Investors | MarketScreener
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FedEx Earnings Preview: E-Commerce Deliveries In Focus As Stock Price Doubles
- Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: FedEx Corporation. Read Investing.com (Haris Anwar/Investing.com)'s latest article on Investing.com
- 09/15/2020
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FedEx Reports Earnings Tuesday. Here’s What To Expect.
- Things are looking better for FedEx stock after analyst upgrades and target-price increases. Investors will see of the gains were warranted when the company...
- 09/14/2020
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Compass Pathways to raise up to $107.2 million in IPO
- Compass Pathways PLC undefined sets terms of its initial public offering, as the U.K.-based mental health care company looks to raise up to $107.2 million,...
- 09/14/2020
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Adobe Is the Next Big Software Company to Report Earnings and Wall Street Is Increasingly Bullish
- It has been a tumultuous month for tech stocks. An analyst at Cowen is still feeling bullish about Adobe.
- 09/14/2020
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Gilead Sciences to Acquire Immunomedics
- Gilead Sciences, Inc. (Nasdaq: GILD) and Immunomedics (Nasdaq: IMMU) announced today that the companies have entered into a definitive agreement pursu
- 09/13/2020
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Nikola Stock Dinged by a Skeptic Calling Into Question Its Technology Prowess
- Hindenburg Research published a report undefinedThursday morning detailing a list of problems it has with Nikola.
- 09/10/2020
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Nikola Stock Dinged by a Skeptic Calling Into Question Its Technology Prowess
- Hindenburg Research published a report undefinedThursday morning detailing a list of problems it has with Nikola.
- 09/10/2020
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Landstar Joins Rising Tide And Raises Guidance
- The improved outlook for trucking continues with a guidance raise from Jacksonville, Florida-based freight broker Landstar System Inc. (NASDAQ: LSTR).
In a filing with the U.S....
- 09/10/2020
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Peloton Shares Extend Gains on Pricing Plans
- Analysts are bullish ahead of Thursday’s earnings report.
- 09/09/2020
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United Airlines Cuts Flight Capacity. It’s a Bad Sign for Fall Air Travel.
- Demand for air travel is going from bad to slightly worse, according to United, which warned investors on Wednesday that its near-term outlook had deteriorated.
- 09/09/2020
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Airline stocks rise after data showing rise in travel demand over Labor Day weekend
- Shares of airline companies traded mostly higher Tuesday, as signs of increasing travel demand and bullish analyst calls helped the industry buck the selloff...
- 09/09/2020
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Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker
- Under the partnership, GM will produce the electric truck maker's marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022.
- 09/08/2020
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Walmart making a play for younger shoppers with potential stake in TikTok, analysts say
- Walmart would have access to younger shoppers through a deal with Microsoft for TikTok, according to analysts.
- 08/28/2020
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Ulta Stock Is Surging on Strong Earnings. Some Analysts Are on the Sidelines.
- Ulta Beauty Stock is jumping nearly 10% on Friday, following its strong second-quarter-earnings report. Analysts are split about where shares of the beauty retailer go from here.
- 08/28/2020
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Zynga’s Not Played Out Just Yet
- Pandemic life has been largely good for videogame companies. Life should stay good for Zynga, as the rest of the world starts getting back to normal.
- 08/28/2020
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Peter Thiel-backed Compass Pathways files for U.S. IPO
- Peter Thiel-backed Compass Pathways files for U.S. IPO
- 08/28/2020
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How Technology Investments — Not TikTok — Will Help Walmart Grow
- Walmart stock is a win because of the company’s more traditional businesses, especially as it invests in technology and its omnichannel platform, one analyst...
- 08/27/2020
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Lululemon’s Stock Rally Isn’t Over Because Workout Gear Is Still in High Demand
- There’s still robust demand for Lululemon’s casual clothing, and the retailer’s e-commerce growth will continue, a Cowen analyst says.
- 08/27/2020
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Apple Stock Will Hit $600, Analyst Says, Citing 350 Million iPhone Upgrades
- Analyst Dan Ives raised his price target to $600 and moved up his bull case to $700.
- 08/26/2020
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Apple Stock Is Cheaper Than Clorox, Analyst Says. His Price Target Is Street’s Highest.
- Cowen analyst Krish Sankar raised his call on the stock to $530 from $470.
- 08/25/2020
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Airline Stocks Are Taking Off. Expect Turbulence.
- Positive news about the fight against the coronavirus lifted carriers’ shares on Monday, but the industry’s recovery is still likely to be long and rough.
- 08/24/2020
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Nvidia could become the Apple of the data center, analyst contends
- Nvidia Corp. could come to dominate the data center the way Apple Inc. did smartphones, according to one analyst amid several glowing reports from Wall...
- 08/22/2020
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Will videogames be the Achilles heel for Apple, Google in antitrust investigations?
- “This is an inflection point, and the start of a long-running debate on how these platforms push us right to the edge of what we are willing to pay,” James...
- 08/22/2020
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Back to School Is the Next Big Test for the U.S. Economy
- Schools are an overlooked cog in the American job machine. But the risks of this school year are many.
- 08/21/2020
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‘Back to School’ Is Not the Same. Here Are 4 Stock Picks to Play the Changes.
- Target, Nike, TJX, and Walmart use different strategies to win over shoppers in the Covid-19 era
- 08/21/2020
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‘Back to School’ Is Not the Same. Here Are 4 Stock Picks to Play the Changes.
- Target, Nike, TJX, and Walmart use different strategies to win over shoppers in the Covid-19 era
- 08/21/2020
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Uber and Lyft’s Platform Premium Already Waned
- Even before the global pandemic, Uber and Lyft shares were both generating largely disappointing returns since going public last year.
- 08/21/2020
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Apple hits $2 trillion market cap—what to watch next
- Apple hit a market cap of $2 trillion Wednesday, doubling in valuation in just over two years to become the first publicly traded U.S. company to reach the milestone.
- 08/19/2020
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Nvidia data-center sales expected to surpass gaming for first time
- Nvidia Corp.’s upcoming earnings report promises to usher in an era of firsts for the chip company, the most significant being formally shedding its past...
- 08/19/2020
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Kohl's margins feel the squeeze as consumers shift online
- Kohl's Corp.'s undefined margins fell 275 basis points in the second quarter, which is a cause for analyst concern as shoppers continue to migrate online....
- 08/19/2020
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Here's Why You Should Buy Cowen Group (COWN) Stock Now
- Cowen Group (COWN) appears to be a promising buy right now, riding on organic growth, earnings strength and steady capital-deployment activities.
- 08/19/2020
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Agilent Technologies Inc. (A) Q3 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of Agilent Technologies Inc. - A stock
- 08/19/2020
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What Can We Make Of Cowen's (NASDAQ:COWN) CEO Compensation?
- This article will reflect on the compensation paid to Jeff Solomon who has served as CEO of Cowen Inc. (NASDAQ:COWN...
- 08/18/2020
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Amazon Prime Day delay, back-to-school uncertainty is changing the shopping calendar
- The coronavirus pandemic is adding uncertainty to the back-to-school shopping season and is already having an impact on the holiday shopping season.
- 08/18/2020
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Starboard Value Acquisition files to go public as a 'blank check' company, to raise $300 million
- Starboard Value Acquisition Corp. filed Tuesday to go public as a special purpose acquisition company, or "blank check" company, to raise $300 million. The...
- 08/18/2020
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U.S. airline stocks hit highest prices since June on travel uptick, bailout hopes
- U.S. airline shares extended their gains Tuesday as more travelers took to the skies and another government bailout remained on the table.
- 08/11/2020
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Burning Rock Biotech Limited (BNR) CEO Yusheng Han on Q2 2020 Results - Earnings Call Transcript
- Burning Rock Biotech Limited (NASDAQ:BNR) Q2 2020 Earnings Conference Call August 11, 2020 08:00 ET Company Participants Yusheng Han - Founder & Chief Executive Officer Leo Li - Chief Financial Officer Shaokun Chuai - Chief Operating Officer Conference Call Participants Doug Schenkel - Cowen & Company Sean Wu - Morgan Stanley Presentation Operator Ladies and gentlemen, thank you for standing by.
- 08/11/2020
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Airline stocks rally as travel demand increases, reaching new post-COVID-19 highs
- Airline stocks rally, boosted by a continued rebound in traveler demand to fresh post-COVID-19 highs and hopes for a new round of stimulus.
- 08/11/2020
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Nikola Sells 2,500 Garbage Trucks. That’s What Investors Needed to See.
- Investors were hungry for customer traction and they got it. Despite the stock giving back some of Monday’s gains, Wall Street seems impressed with the deal.
- 08/11/2020
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Workhorse Stock Fell After Earnings. That’s the Wrong Reaction.
- Stock in electric commercial van maker Workhorse traded down on earnings. That’s the wrong reaction, however, because earnings don’t matter.
- 08/11/2020
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Kaleyra, Inc. (KLR) CEO Dario Calogero on Q2 2020 Results - Earnings Call Transcript
- Kaleyra, Inc. (NYSEMKT:KLR) Q2 2020 Earnings Conference Call August 10, 2020 16:30 ET Company Participants Alison Ziegler - Investor Relations, Darrow Associates Dario Calogero - Founder & Chief Executive Officer Giacomo Dall'Aglio - Chief Financial Officer Conference Call Participants Lance Vitanza - Cowen Mike Latimore - Northland Capital Markets George Sutton - Craig-Hallum Tim Horan - Oppenheimer Allen Klee - National Security Corp.
- 08/11/2020
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Were Hedge Funds Right About Cowen Inc. (COWN)?
- 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 […]
- 08/10/2020
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Orchard Therapeutics plc (ORTX) CEO Bobby Gaspar on Q2 2020 Results - Earnings Call Transcript
- Orchard Therapeutics plc (NASDAQ:ORTX) Q2 2020 Results Conference Call August 06, 2020 08:00 AM ET Company Participants Renee Leck - Investor Relations Bobby Gaspar - Chief Executive Officer Frank Thomas - Chief Operating Officer Conference Call Participants Yaron Werber - Cowen Anupam Rama - JP Morgan Peter Kim - Barclays David Nierengarten - Wedbush Securities Anna Vorobyeva-Schiano - Goldman Sachs Presentation Operator Good day, ladies and gentlemen, and thank you for standing by.
- 08/08/2020
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Stocks To Watch: Barrick Gold, Hedge Fund Reveals And Election Plays (NASDAQ:ACIA)
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/08/2020
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Dynavax Technologies (DVAX) Q2 2020 Earnings Call Transcript | The Motley Fool
- DVAX earnings call for the period ending June 30, 2020.
- 08/08/2020
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Acceleron Pharma Inc (XLRN) Q2 2020 Earnings Call Transcript | The Motley Fool
- XLRN earnings call for the period ending June 30, 2020.
- 08/07/2020
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Plug Power’s Earnings Crushed Forecasts. Wall Street Sees Lots to Like.
- Analysts are still bullish on the stock, even after a 260% year--to-date gain.
- 08/07/2020
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Cimarex Energy Co (XEC) Q2 2020 Earnings Call Transcript | The Motley Fool
- XEC earnings call for the period ending June 30, 2020.
- 08/07/2020
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QUANTERIX CORP : Termination of a Material Definitive Agreement (form 8-K) | MarketScreener
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FIVE PRIME THERAPEUTICS, INC. : Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) | MarketScreener
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3 “Perfect 10” Stocks That Can Charge Forward in 2020
- Finding the perfect stock shouldn’t be a chore. After all, the information you need is out there, just waiting for you. The trick is knowing how to parse it, how to connect it, and how to interpret it. TipRanks offers a Smart Score that collects and collates datapoints on every stock from across the TipRanks database, bringing together 8 separate factors that are commonly used to assess the strength of an investment. Some of these are well known, such as the simple moving average or the return on equity, others are bit more esoteric, like the hedge fund activity or the insider sentiment, and still others, like the blogger sentiment and news coverage, are only measured by TipRanks. Taken together, these disparate datapoints add up to an invaluable trove of information.The Smart Score is the distillation of this data, a single-digit score that tells you briefly whether a stock is likely to rise or fall in the coming months. The scale is simple, with 1 at the bottom and 10 at the top. We’ve pulled three ‘Perfect 10’ stocks out of the TipRanks database, investments that present a compelling case for market traders. Let’s look behind the curtains, to find out what makes them stand out.Cowen Group (COWN)First on this list is Cowen Group, a name that deserves a higher profile than it has. Cowen is an investment bank, based in New York and operating primarily in the US and UK. The bank’s financial services are offered through two divisions, broker-dealer and investment management, and include a full range of investment services. Despite the corona crisis, Cowen reported record-beating earnings in Q2, with EPS of $5.50. This was more than 11 times higher than the year-ago number, and beat the forecasts by a significant margin. Revenues were up 26% year-over-year, to $369.6 million.Cowen’s share price has risen steadily during the market recovery since late March, and COWN is now trading within its February pre-crash level. This puts the stock’s performance in line with the S&P 500.Sumeet Mody, 4-star analyst with Piper Sandler, takes a simple, upbeat, stance on COWN shares. He rates the stock a Buy and writes, “We remain positive on COWN following the record results of 2Q20 earnings. We believe COWN will continue to perform well in its core brokerage and banking businesses as activity levels remain robust and expect the company will hit its comp expense targets for the year (56 - 57% range). We are increasing our 2020 and 2021 operating EPS estimates from $4.69 and $3.01 to $4.91 and $3.28, respectively, to reflect the beat in the quarter as well as higher brokerage and banking revenues and the current mark-to-market of the Nikola stake.”Mody’s price target, at $20, indicates the extent of his confidence with a 30% upside potential for the next 12 months. (To watch Mody’s track record, click here)With 4 Buy ratings from Wall Street’s analysts, Cowen has a unanimous Strong Buy consensus rating. The stock’s $20.75 average price target suggests it has room for 22% upside growth from the current share price of $16.81. (See Cowen stock analysis on TipRanks)Switch, Inc. (SWCH)Next up is Switch, a major player in the data center industry. The company’s services include cloud computing, collocation, and connectivity. Switch designs, builds, and operates advanced data centers. The company is based in Las Vegas, Nevada, and includes major data hubs in Reno, Atlanta, and Grand Rapids. Switch boasts a market cap over $4.4 billion, and annual revenues over $460 million.Switch’s results in the first half of 2020 have been remarkably stable, given the health and economic crises which have rocked the world. In the first quarter, SWCH reported 40 cents EPS against a forecast of 50 cents, the same results as Q4, and looking ahead, the company is expected to report the same for Q2. The share price recovered from the February/March market collapse within one month, and is now trading above its February peak.Credit Suisse analyst Sami Badri writes of SWCH, “It has shown strong signings recently, with over $10M of incremental annualized recurring revenue in 1Q20; its Connectivity bundling can save customers between 30% and 50% of connectivity costs, which can be a meaningful driver in winning business; and SWCH’s new national sales team, an experienced group of industry experts which should help drive top line growth outside of its Las Vegas Campus."Badri gives SWCH stock a Buy rating, and his price target of $23 is bullish, implying a 24% one-year upside potential. (To watch Badri’s track record, click here)At $20.93, the average price target on SWCH shares implies an upside of 13% for the next 12 months. The analyst consensus rating is a Strong Buy, based on 6 Buys versus only 1 Hold, and the stock is selling for $18.50. (See Switch’s stock analysis on TipRanks)PPG Industries (PPG)Last on our ‘Perfect 10’ list is PPG Industries, a major industrial player on the international scene. Pittsburgh-based PPG is the world’s largest supplier of paints, coatings, and other specialty finishing materials. PPG saw some $15 billion in net sales last year, but has seen a drop-off in revenues in 1H20 due to the economic downturn. Along with slipping sales and earnings, PPG shares have underperformed in the current cycle. All of this, however, does not change the fundamental strengths that PPG features. The company’s net sales, even in the current environment, are nearly 50% higher than its largest competitor. Covering the stock for Deutsche Bank, analyst David Begleiter writes of PPG, “We believe investor concerns are misplaced… while PPG does not expect DIY paint demand to be as strong in Q3 as it was in Q2, it should still be a strong Q3 and PPG is more than holding its own in this market. We would also note that the larger-than-expected temporary cost savings highlight the higher level of variable costs in PPG's cost structure (a good thing) versus the last recession.”To this end, Begleiter rates PPG a Buy along with a $126 price target. This figure indicates a 13% growth potential from current levels. (To watch Begleiter’s track record, click here)All in all, PPG’s Moderate Buy consensus rating is based on 14 reviews, including 9 Buys and 5 Holds. The shares are selling for $111.66, and the average target price of $125.79 is in line with Begleiter’s, suggesting a one-year upside of 13%. (See PPG stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
- 08/06/2020
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Airlines Plan to Cut 10% of Workforce. That Needs to Double, One Analyst Says.
- Airlines have been issuing “WARN” notices to thousands of employees over the past month, warning that job cuts are coming after Sept. 30.
- 08/06/2020
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Ceridian HCM Holding Inc. (CDAY) Q2 2020 Earnings Call Transcript | The Motley Fool
- CDAY earnings call for the period ending June 30, 2020.
- 08/06/2020
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Virgin Galactic Announces Pricing of Public Offering of Common Stock
- Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”), a vertically integrated aerospace and space travel company, announced today the prici
- 08/06/2020
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Kymera Therapeutics Begins U.S. IPO Effort (Private:KYTX)
- Kymera Therapeutics has filed to raise $100 million in an IPO, although the final figure may vary. The firm is advancing drug treatment candidates for skin conditions and cancers.
- 08/05/2020
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For Nikola stock, no news was not good news
- Investors headed for the hills Wednesday after Nikola Corp. revealed no ‘meaningful’ new business developments and missed on quarterly expectations.
- 08/05/2020
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Wayfair Earnings Crushed Estimates. The Stock Is Bouncing Back.
- The online home-furnishings seller posted better-than-expected June-quarter results but declined to give guidance for the current quarter, citing ongoing uncertainties tied to the pandemic.
- 08/05/2020
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Nikola Stock Is Dropping After Earnings. There’s Plenty ‘to Look Forward To.’
- Nikola shares are down following its first quarterly report as a publicly traded company. Now Wall Street is weighing in on what it heard Tuesday evening.
- 08/05/2020
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Nikola’s First Earnings Report Didn’t Go Well for Its Stock. Here’s Why.
- Nikola shares are down following its first quarterly report as a publicly traded company. Now Wall Street is weighing in on what it heard Tuesday evening.
- 08/05/2020
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Epizyme Inc (EPZM) Q2 2020 Earnings Call Transcript | The Motley Fool
- EPZM earnings call for the period ending June 30, 2020.
- 08/04/2020
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Here are Cowen's top retail picks for a challenging back-to-school season
- Cowen like Ulta and Target for back to school shopping in the new coronavirus era.
- 08/04/2020
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Regeneron Pharmaceuticals Reports Earnings Tomorrow. Here’s What to Expect.
- The call comes as the race for a Covid-19 antibody heats up.
- 08/04/2020
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Disney Q3 Earnings Preview: Sales To Plunge As Pandemic Takes Its Toll
- Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Walt Disney Company, Netflix Inc. Read Investing.com (Haris Anwar/Investing.com)'s latest article on Investing.com
- 08/04/2020
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Wayfair Surges Ahead of Earnings. The Stock Is Up 12-Fold Since Late March.
- Cowen analyst lifts his second-quarter revenue forecast and his price target.
- 08/03/2020
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Amazon Crushes It Again (NASDAQ:AMZN)
- Q2 results well above street estimates. Guidance shows momentum is continuing.
- 08/03/2020
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TikTok Usage Surges Past Rivals, But Microsoft Is “Buying Itself Serious Washington Scrutiny,” Analyst Says
- A new report by Wall Street research firm Cowen & Co. finds TikTok’s most avid users frequent it far more than they do any other social media platform, but Microsoft’s “likely…
- 08/03/2020
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Kyber Data Science Announces $10 Million Series A Financing Round
- NEW YORK, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Kyber Data Science LLC (“Kyber”), a subsidiary of Cowen Inc. (NASDAQ:COWN) (“Cowen”), today announced a $10 million Series A financing round led by Cowen and Ian McKinnon, founder of Sandia Holdings LLC (“Sandia”). Mr. McKinnon has joined Kyber’s board of directors, effective upon closing of the investment. Kyber is focused on developing and selling unique and proprietary datasets across a variety of sectors to institutional investors and corporations. Most recently, Kyber unveiled a nationally-representative health care claims and electronic medical records data product for the institutional investor that enables timely and accurate analyses across health care subsectors including drug, medical device, diagnostics, and facilities companies. Transaction-level data allow customers to develop a large number of key performance indicators, and drive granular insights into the intricacies of product revenue and disease dynamics."At Cowen, we are constantly striving to help clients outperform and to build systems and services that are deeply entrenched within the DNA of the sectors that we serve,” said Jeffrey M. Solomon, Chair and Chief Executive Officer of Cowen. “Kyber is uniquely positioned to expertly manage big data sets and to provide actionable insights to the financial community. We have been extremely pleased with the establishment of the business and are thrilled to be partnering with Sandia on the next leg of growth.”“Kyber was established on the belief that data is a tool for alpha generation versus data as a strategy unto itself,” said Robert Fagin, Kyber’s Executive Chair. “As we have continued to grow our product sets, we are extremely pleased to elevate our operation through outside capital and the participation of Ian McKinnon as a director. Ian has tremendous experience growing health care and data-focused companies and we look forward to his contributions.”Located in Greenwich, Connecticut, Sandia is the primary investment vehicle for the McKinnon family and related entities. Prior to starting Sandia, Ian spent nearly twenty years at Ziff Brothers Investments (“ZBI”), from which he retired as a Managing Partner. Prior to joining ZBI, Ian was a consultant with Bain & Company and an investment banking analyst with Merrill Lynch & Co."I have had a passion for health care from the time I walked rounds in the hospital with my grandfather, who was a surgeon. Life sciences has always been a core focus of my investment activities, so it only seems fitting to partner with Cowen in helping to create Kyber, as Cowen now boasts one of the leading health care platforms on the Street,” said Ian McKinnon, founding partner of Sandia.About Cowen Inc.Cowen is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.com.Media Contacts: Gagnier Communications Dan Gagnier / Jeffrey Mathews 646-569-5897 dg@gagnierfc.com
- 08/03/2020
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Virgin Galactic Announces Proposed Public Offering of Common Stock
- Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”), a vertically integrated aerospace and space travel company, announced today that it h
- 08/03/2020
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Qualcomm stock streaks past $100 as Huawei settlement clears last barrier to 5G licensing
- Qualcomm Inc.’s stock price soars past its former high of $100 set two decades ago Thursday after the chip maker reveals it settled a licensing dispute with...
- 08/01/2020
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Gator Capital Management 2Q 2020 Investor Letter
- At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises.
- 07/31/2020
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UPS stock rockets to best day ever as surprisingly strong consumer demand produces big earnings beat
- Shares of United Parcel Services Inc. rocketed to their best day ever Thursday, as surprisingly strong consumer demand in the face of the COVID-19 pandemic...
- 07/31/2020
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Record surge in daily shipping volumes for UPS in 2Q
- UPS is reporting a second-quarter profit of $1.77 billion with the pandemic fueling a 21% surge in daily shipping volume, the largest quarterly increase ever recorded by the company
- 07/30/2020
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Joseph Genovese Joins Cowen as Head of Delta One Swap Sales
- NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Joseph Genovese has joined the firm as a Managing Director, Head of Delta One Swap Sales. In his new role, he will be responsible for client origination for Cowen’s Portfolio Swap product. Mr. Genovese brings with him more than 25 years of industry experience in Finance and Prime Services. He will be based in New York and report to Matt Baldassano, Managing Director and Head of Global Securities Finance. In the first quarter of 2019, Cowen launched its Portfolio Swap product as it expanded the breadth of its Global Securities Finance offerings. Currently these products are being offered to clients out of the Company’s New York and London offices.“We are excited to have Joe as a new member of our team and dedicated to bringing new relationships to our Financing offering and the Firm,” said Mr. Baldassano. “Cowen’s Swap product helps clients outperform by providing customers with the ability to trade via high-touch and receive long/short exposure through Cowen’s algorithmic trading suite. Joe’s knowledge and long-standing relationships will help showcase the breath of our firm across multiple products and add value to our clients in the synthetic financing space.”Commenting on his new role, Mr. Genovese added, “Cowen’s momentum, track record of success, global footprint and deep senior relationships with buy-side portfolio managers present an exciting opportunity. I have been watching their outstanding growth and am excited to join the team to help further build out this critical part of the business. Cowen’s Portfolio Swap products offer an excellent opportunity for alpha generation and risk management and I look forward to working closely with the team to identify opportunities for our clients to outperform.”Prior to joining Cowen, Mr. Genovese spent 15 years at Deutsche Bank where, most recently, he served as Head of Global Prime Distribution for the Americas. Previously, he spent five years at Credit Suisse in their Prime Finance group and four years with Bear Stearns’s Prime Brokerage division as a client relationship manager for hedge funds. Mr. Genovese received his BS in Finance from Towson University.About Cowen Inc.Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.com.© 2020 Cowen and Company. Member NYSE, FINRA and SIPC. All Rights Reserved.Media Contacts: Gagnier Communications Dan Gagnier / Jeffrey Mathews 646-569-5897 cowen@gagnierfc.com
- 07/30/2020
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Fast-Food Chains See Shifts Made During Pandemic Paying Off
- Restaurant operators are responding to changing consumer tastes during the coronavirus pandemic in ways that have boosted profits at some chains to where they were before the health crisis or even higher.
- 07/29/2020
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Cowen Group Inc (COWN) Q2 2020 Earnings Call Transcript
- COWN earnings call for the period ending June 30, 2020.
- 07/29/2020
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Amid Shale Slump, Apache Corp Reports Big Loss And Renewed International Focus
- Brutal second quarter loss is cushioned by a "major" new discovery offshore Suriname. Stung by U.S. shale, Apache has aimed its recent upstream investments at "higher-return international opportunities."
- 07/29/2020
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Cowen Declares Quarterly Dividend on its Series A Cumulative Perpetual Convertible Preferred Stock
- NEW YORK, July 28, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company’s 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”). The quarterly dividend on the Convertible Preferred Stock is payable on August 17, 2020, to holders of record at the close of business on August 1, 2020. About Cowen Inc.Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.comFor further information, contact:Cowen Inc. J.T. Farley, Investor Relations (646) 562-1056 james.farley@cowen.com
- 07/28/2020
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Cowen Inc. (COWN) CEO Jeffrey Solomon on Q2 2020 Results - Earnings Call Transcript
- Cowen Inc. (NASDAQ:COWN) Q2 2020 Earnings Conference Call July 28, 2020 09:00 AM ET Company Participants Jeffrey Solomon - Chairman and CEO Steve Lasota - CFO Conference Call Participants Steven Chubak - Wolfe Research Sumeet Mody - Piper Sandler Devin Ryan - JMP Securities Michael Brown - KBW Presentation Operator Good morning, and thank you for joining us to discuss Cowen’s results for the Second Quarter of 2020.
- 07/28/2020
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Cowen Group (COWN) Beats Q2 Earnings Estimates
- Cowen (COWN) delivered earnings and revenue surprises of 6.80% and -29.46%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2020
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Cowen Announces Record Financial Results for Second Quarter 2020
- * Reports Record 2Q20 US GAAP Net Income of $112.1 million or $3.83 per share * Record Economic Operating Income of $166.9 million, or $5.69 per share * The Nikola investment contributed $64.9 million to Economic Operating Income, or $2.21 per share * Strong Book Value Growth, up $5.82 per share to $28.96, Tangible Book Value up $5.86 to $22.94 per shareNEW YORK, July 28, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the second quarter ended June 30, 2020.Jeffrey M. Solomon, Chair and Chief Executive Officer of Cowen, said, "We outperformed across the entire organization in the second quarter. With record revenues in our banking and markets businesses as well as a strong contribution from our investment management operations, we generated record profitability, even before factoring in the unrealized investment gains from Nikola. In an environment of heightened volatility and macroeconomic uncertainty, we remain dedicated to helping our clients navigate with our strategic advice, capital raising expertise, advanced execution capabilities and world-class research and differentiated investment products.” Second Quarter 2020 Financial Summary US GAAP Economic Operating Income Three Months Ended June 30, Three Months Ended June 30, ($ in millions, except per share information)2020 2019 Δ % 2020 2019 Δ % Revenue$418.8 $292.2 43% $558.7 $244.4 129% Net income (loss) attributable to common stockholders$112.1 $4.1 N/A $166.9 $20.4 718% Earnings (loss) per common share (diluted)$3.83 $0.13 N/A $5.69 $0.65 775% Note: Throughout this press release the Company presents non-GAAP financial measures that are not prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP"). A reconciliation of these non-GAAP measures appears under the section, "Reconciliation of US GAAP (Unaudited) to Economic Operating Income (Loss)." Second Quarter 2020 Operating Financial Highlights (US GAAP) (unaudited)Second quarter 2020 US GAAP revenue was $418.8 million compared to $292.2 million in the second quarter of 2019.Second quarter 2020 US GAAP employee compensation and benefits expenses was $305.3 million, an increase of $168.9 million from the prior-year period.Second quarter 2020 US GAAP income tax expense was $44.9 million compared to $5.1 million in the prior-year quarter.Second quarter 2020 US GAAP total expenses totaled $411.5 million, an increase of $164.0 million from the prior-year period.Second quarter 2020 US GAAP net income attributable to common stockholders was $112.1 million compared to net income attributable to common stockholders of $4.1 million in the second quarter of 2019.Second Quarter 2020 Operating Financial Highlights (Non-GAAP) * Record Investment Banking performance: - Strongest quarter on record driven by capital markets activity in biotech and healthcare tools & diagnostics. Revenues for the month of June alone surpassed any quarter on record. - M&A revenue strong despite difficult economic backdrop, including record single fee from Nikola engagement. * Record markets revenues with continuing share gains: - Markets revenue, which includes brokerage, financing and other revenue, was a record $169.2 million ($2.69 million/day). - Posted strong performances in electronic trading, European trading, derivatives and prime brokerage. - Securities finance and special situations, including SPAC trading, rebounded sharply after a difficult 1Q20. * Strong momentum in investment management: - Record incentive income accrual driven by IPOs in the healthcare investment strategy portfolio and strong performance in the activist strategy. Management fee revenue run-rate at highest level since 2016. * Invested capital - Strong returns with reduced risk: - Record investment income driven by valuation of Nikola investment ($129.8 million) and rebound in other balance sheet investments. - Reduced investment risk in portfolio in March/April and increased hedging to reflect a more volatile trading environment due to economic uncertainty.Capital Optimization UpdateAs of June 30, 2020, Cowen had book value of $28.96 per common share and tangible book value per common share of $22.94, up from book value of $24.77 and tangible book value of $18.72 at December 31, 2019.In the second quarter of 2020, the Company repurchased $6.6 million of its common stock, or 446,800 shares, at an average price of $14.67 under the Company's existing share repurchase program.Outside the share repurchase program, in the second quarter of 2020 the Company acquired approximately $3.2 million of shares as a result of net share settlements relating to the vesting of equity awards, or 262,160 shares, at an average price of $12.22.For the first half of 2020, the Company repurchased 1,830,457 shares for $24.6 million, or an average price of $13.42 under the Company's existing share repurchase program. Outside the share repurchase program, in the first half of 2020 the Company acquired approximately $6 million of shares as a result of net share settlements relating to the vesting of equity awards, or 490,717 shares at an average price of $12.29.Quarterly Cash DividendThe Company maintained its quarterly cash dividend payable on its common stock. On July 21, 2020, the Board of Directors declared a cash dividend of $0.04 per common share, payable on September 15, 2020, to stockholders of record on September 1, 2020. Select Balance Sheet Data (Amounts in millions, except per share information) June 30, 2020 December 31, 2019 Cowen Inc. stockholders' equity$901.7 $809.9 Common equity (CE)$800.4 $708.5 Tangible common equity (TCE)$634.1 $535.6 Book value per share (CE/CSO)$28.96 $24.77 Tangible book value per share (TCE/CSO)$22.94 $18.72 Common shares outstanding (CSO) 27.6 28.6 Note: Common Equity (CE) is calculated as Cowen Inc, stockholders’ equity less our preferred stock issuance. Tangible common equity (TCE) is calculated as common equity (CE) less goodwill and net intangible assets. Cowen Inc. US GAAP Preliminary Unaudited Condensed Consolidated Statements of Operations (Dollar and share amounts in thousands, except per share data) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Revenue Investment banking$203,982 $114,705 $309,010 $194,811 Brokerage147,224 111,382 286,586 208,845 Management fees11,653 7,039 23,257 14,180 Incentive income— 8 — 23 Interest and dividends47,918 40,047 89,995 69,139 Reimbursement from affiliates247 254 508 542 Reinsurance premiums5,967 14,331 16,438 20,922 Other1,490 930 3,340 1,991 Consolidated Funds revenues359 3,468 3,515 5,808 Total revenue418,840 292,164 732,649 516,261 Interest and dividends expense49,304 39,528 88,096 68,612 Total net revenue369,536 252,636 644,553 447,649 Expenses Employee compensation and benefits305,282 136,409 429,710 268,291 Reinsurance claims, commissions and amortization of deferred acquisition costs6,434 10,782 16,864 16,944 Operating, general, administrative and other expenses92,027 89,063 180,166 167,064 Depreciation and amortization expense6,200 4,952 11,642 9,908 Goodwill impairment— 4,100 — 4,100 Consolidated Funds expenses1,585 2,231 4,299 3,713 Total expenses411,528 247,537 642,681 470,020 Other income (loss) Net (losses) gains on securities, derivatives and other investments196,502 3,910 152,519 42,994 Consolidated Funds net (losses) gains37,370 5,782 (35,795) 7,640 Total other income (loss)233,872 9,692 116,724 50,634 Income (loss) before income taxes191,880 14,791 118,596 28,263 Income tax expense/(benefit)44,932 5,073 43,759 8,250 Net income (loss)146,948 9,718 74,837 20,013 Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and funds33,113 3,906 (29,075) 4,418 Net income (loss) attributable to Cowen Inc.113,835 5,812 103,912 15,595 Less: Preferred stock dividends1,698 1,698 3,396 3,396 Net income (loss) attributable to Cowen Inc. common stockholders$112,137 $4,114 $100,516 $12,199 Earnings (loss) per share: Basic$4.01 $0.14 $3.55 $0.41 Diluted$3.83 $0.13 $3.39 $0.
- 07/28/2020
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Cowen Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Cowen Inc. in conjunction with their 2020 Q2 earnings call..
- 07/28/2020
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American Airlines Gets an Upgrade as Carriers Cut Flight Schedules
- While the airline’s debt burden remains a concern, a Raymond James analyst writes that bankruptcy is not in the cards.
- 07/27/2020
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Cowen Cross-Asset Team Announces Six Key Hires, Continuing Expansion
- NEW YORK, July 27, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced six key recent additions to the firm’s Cross-Asset Division. Mike Kasper, Jodi Joskowitz, Jordan Cahn and Ronald Ryder have joined the Credit Sales and Trading desk. Jay Sommer and Matt Palamountain have joined Cowen’s Special Asset Group. All report to Jay McDermott and Burt Welly, Co-Heads of Cross-Asset, and Philip Cushman, Head of Global Equity and Cross-Asset Sales. “We're very excited to welcome these six great hires to the team as we continue to scale our Cross-Asset business for the increasing opportunities we see in this space,” said Jay McDermott, Co-Head of Cowen's Cross-Asset Group. “Mike, Jodi, Ron and Jordan all have built strong track records serving clients with their extensive expertise in distressed and unconventional credit,” said Jay McDermott, Co-Head of Cowen’s Cross Asset Group.John Mori, Cowen’s Head of Special Assets adds, “The addition of Jay and Matt to the Cowen team expands an already deep bench in our Illiquids group. Their individual reputations and experience precede them and move us further along in our goal of establishing a preeminent sourcing team.”Cowen’s Cross-Asset Division is comprised of [over] forty professionals who analyze and trade the entire capital stack including Special Situation Equities, SPACs, Re-Organized Equities, Distressed Loans, High Yield & Convertible Bonds, and Illiquids. Cross-Asset also has a premiere legal and closing team that cements Cowen’s ability to Outperform for its client-partners every day.Jordan Cahn began his credit career at Bear Stearns, followed by Morgan Stanley and Mizuho Financial Group. After leaving the legal world as a bankruptcy attorney, Mr. Cahn was a loan sourcer and then moved into distressed sales. He holds a bachelor’s degree from Syracuse University and a J.D. from Indiana University School of Law. Jodi Joskowitz joins Cowen from Macquarie Capital and will be active through all Cross-Asset products. Ms. Joskowitz is an impact player in the Loan space, with a twenty-year career spent at Credit Suisse. She has her bachelor’s degree from Muhlenberg College. Mike Kasper joins Cowen from Guggenheim Partners. Mr. Kasper has spent his career in High Yield and Distressed sales focused on bonds and loans, including serving five years at JP Morgan and Jefferies respectively. He holds a bachelor’s degree from Franklin & Marshall College.Matt Palamountain joins Cowen from Seaport Global where he specialized in Litigation Finance which he will continue to focus on at Cowen as well as broader Special Asset initiatives. Mr. Palamountain holds a BA from UC, Berkeley and an MBA from The University of Cambridge in International Finance.Ronald Ryder joins Cowen from Guggenheim Partners, where he was a credit trader. He holds a bachelor’s degree from Fordham Gabelli School of Business.Jay Sommer joins Cowen with nearly twenty years of experience in the Special Assets space. He previously worked at Jefferies Group and BTIG in similar areas of the market. Mr. Sommer graduated from Villanova University with a bachelor’s degree.About Cowen Inc. Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.com.© 2020 Cowen and Company, LLC. All rights reserved. Member NYSE, FINRA and SIPC.Media Contacts: Gagnier Communications Dan Gagnier / Jeffrey Mathews 646-569-5879 cowen@gagnierfc.com
- 07/27/2020
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Boeing earnings preview: Can the company meet even low expectations?
- Boeing is slated to report second-quarter results Wednesday before the bell, giving Wall Street a clearer picture of the coronavirus pandemic’s impact on a...
- 07/27/2020
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Intel stock savaged as next-gen chip delay expected to be ‘increasingly painful’ to chip maker
- Intel Corp.’s stock logs one of its worst days in 20 years Friday after the chip giant divulges that its next generation of chips will be delayed and that it...
- 07/25/2020
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The Pandemic Has Hit Oil Stocks. Chevron’s Deal Isn’t Enough to Change That.
- The acquisition of Noble Energy appears to be a one-off. Few companies are able to buy, and potential targets might be reluctant to sell at depressed prices.
- 07/24/2020
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Schlumberger Is Slashing Staff as Virus Hits Revenue
- Wall Street analysts welcomed the news, as well as an unexpected quarterly profit.
- 07/24/2020
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Electric-Truck Stocks Like Nikola and Workhorse Are Hot Right Now. Don’t Get Burned.
- Speculative fervor has sent shares of electric-truck makers soaring. But competition is stiff and Tesla-like returns may prove elusive.
- 07/24/2020
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Battered Boeing Showing Some Signs of Progress Heading into Q2 Earnings
- Stocks Analysis by JJ Kinahan covering: S&P 500, Boeing Co, FedEx Corporation, TD Ameritrade Holding Corporation. Read JJ Kinahan's latest article on Investing.com
- 07/24/2020
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Tesla Smashed Earnings Expectations. Here’s What Wall Street Is Saying.
- Tesla beat second-quarter earnings estimates and produced a quarterly profit based on generally accepted accounting principles, something required for inclusion into the S&P 500 index.
- 07/23/2020
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Tesla’s blowout earnings prompt bulls and bears to boost price targets
- Shares of Tesla Inc. rose Thursday after a blowout earnings report, leading a host of Wall Street analysts, bulls and bears alike, to increase their price...
- 07/23/2020
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Airline Stocks Continue to Get Clobbered After Earnings
- It’s not just large losses that are a problem for the likes of American, Alaska and Southwest. There may be too many planes in the air.
- 07/23/2020
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Annexon upsizes planned IPO to 12.5 million shares, narrows price range to $15 to $16 each
- Annexon Biosciences undefined upsized its planned initial public offering on Thursday and narrowed the price range. The company is now planning to offer 12.5...
- 07/23/2020
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Cowen Completes CAT Go-Live on n-Tier Compliance Workbench | Finance Magnates
- Cowen Inc. has successfully completed a Consolidated Audit Trail (CAT) go-live by using the Compliance Workbench platform of n-Tier.
- 07/23/2020
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United Airlines: Least Worst Is Best
- When it comes to airline economics, being the least worst of the bunch is a plus.
United Airlines Holdings, Inc. (NASDAQ: UAL) executives on Wednesday took pride that the...
- 07/23/2020
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Disneyland faces 32 million attendance drop over 2 years, analysts warn
- A new report by Wall Street analysts Cowen and Company paints a grim picture of attendance losses at Disney’s Parks, Experiences and Products division.
- 07/22/2020
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Baby Bonds Complete Review
- A review of all baby bonds. All the baby bonds sorted in categories.
- 07/22/2020
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European Pot Firm Emmac Agrees to Go Public Via Andina
- (Bloomberg) -- European marijuana firm Emmac Life Sciences Ltd. has agreed to go public through a merger with Andina Acquisition Corp. III.The companies have signed a non-binding letter of intent for a combination in which Emmac would be listed on the Nasdaq stock market, according to a statement Wednesday confirming an earlier Bloomberg News report. The terms of the transaction weren’t disclosed.Andina’s shares climbed more than 9% in early New York trading Wednesday. They closed at $10.45 apiece Tuesday, giving the company a market value of $142.3 million before the rise.Emmac was valued at about $190 million after raising capital last fall. Emmac Chairman Lorne Abony and Chief Executive Officer Antonio Costanzo are set to manage the combined company.Emmac, which describes itself as Europe’s largest independent cannabis company, supplies medical cannabis and related products including a white-label CBD-infused muscle gel that is carried by the U.K. pharmacy chain Boots. It sells products in Israel, and is slated to launch in the U.S.Bogota-based Andina, led by Chairman Luke Weil and CEO Julio A. Torres, raised $108 million including so-called greenshoe shares in an IPO last year.Cowen Inc. was the financial and capital markets adviser to Andina, while Ellenoff Grossman & Schole LLP was its legal adviser. Stifel Financial Corp. advised Emmac with Winston & Strawn LLP providing legal advice.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 07/22/2020
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Piper Sandler Expands Technology Equity Research
- Senior research analysts Tom Champion and Arvind Ramnani join the firm, Yung Kim promoted to senior research analyst
- 07/22/2020
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Cowen Group (COWN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Cowen (COWN) 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.
- 07/21/2020
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Chevron CFO Touts Exchange of Stock in Noble Deal
- Chevron Corp.’s $5 billion all-stock deal to acquire Noble Energy Inc. acts like a hedge against volatile oil prices amid the continuing coronavirus pandemic, the oil major’s chief financial officer Pierre Breber said.
- 07/20/2020
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Covid Rewrites the Disney Playbook
- The company’s strategy of connecting stories across movies, toys, theme parks and TV has made Disney especially vulnerable to the disruptions of the pandemic. Executives are scrambling to address what is looking to be a prolonged crisis, forcing a realignment of priorities.
- 07/20/2020
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'I'm not presenting myself as a victim. I am a legitimate target as a public representative'
- Barry Cowen has said he is "not going anywhere", vowing to continue being a public representative of his constituency.
- 07/20/2020
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Inozyme Pharma sets IPO terms, to be valued at up to $325 million
- Inozyme Pharma Inc. undefined disclosed Monday the terms of its initial public offering, in which the biopharmaceutical company could raise up to $80 million...
- 07/20/2020
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Annexon to offer 10 million shares in planned IPO priced at $14 to $16 each
- Annexon Biosciences set terms for its initial public offering on Monday, with plans to offer 10 million shares priced at $14 to $16 each. The company has...
- 07/20/2020
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Sacked Cowen plans Haughey-style tour to 'Get Martin'
- Sacked Minister Barry Cowen is planning a Charlie Haughey-style ‘tour’ of the Fianna Fáil heartland in what many believe is a tilt at the future leadership of the party. He is now the second high-profile Fianna Fáil TD to make a politically loaded pledge about their future intentions – after Jim O’Callaghan turned down a junior ministerial post on the grounds that he would be a ‘strong voice’ outside Government who can ‘ensure our party’s identity is protected’. In a veiled warning to party leader Micheál Martin yesterday, Mr Cowen said: ‘I am not going anywhere. I want to be
- 07/19/2020
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