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Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
11/20/2024 | $23.00 → $42.00 | Underweight → Equal-Weight | Morgan Stanley | |
11/18/2024 | $40.00 | Hold → Buy | Needham | |
11/14/2024 | Outperform → Market Perform | Itau BBA | ||
11/11/2024 | Sell → Neutral | BTIG Research | ||
11/8/2024 | $56.00 → $87.00 | Neutral → Buy | Citigroup | |
11/8/2024 | $30.00 → $45.00 | Underweight → Neutral | JP Morgan | |
11/8/2024 | $31.00 → $85.00 | Neutral → Overweight | Piper Sandler | |
11/7/2024 | $80.00 | Perform → Outperform | Oppenheimer |
DEFA14A - CARVER BANCORP INC (0001016178) (Filer)
SC TO-I/A - BlackRock Innovation & Growth Term Trust (0001836057) (Subject)
144 - Coinbase Global, Inc. (0001679788) (Subject)
XP Inc. (NASDAQ:XP) ("XP" or the "Company"), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the third quarter of 2024. Summary Operating Metrics (unaudited) 3Q24 3Q23 YoY 2Q24 QoQ Total Client Assets (in R$ bn) 1,213 1,080 12% 1,167 4% Total Net Inflow (in R$ bn) 31 48 -36% 32 -3% Annualized Retail Take Rate 1.33% 1.34% -1 bps 1.29% 4 bps Active Clients (in '000s) 4,659 4,413 6% 4,626 1%
XP Inc. (NASDAQ:XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that its Board of Directors has approved payment of a cash dividend of US$0.65 per common share. The dividend will be payable on December 18, 2024, to shareholders of record as of December 10, 2024. About XP XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP's mission is to disintermediate the legacy models of traditional financial institutions by: Educating new classes of investors; Democratizing access to a wider range of financial services; Developing ne
The BlackRock closed-end funds (the "Funds") listed below announced today the expiration and preliminary results of each Fund's tender offer (each, a "Tender Offer") for up to 2.5% of its outstanding common shares (the "Shares"). Each Tender Offer commenced on October 16, 2024 and expired at 5:00 p.m. Eastern time on November 18, 2024. Based on preliminary information, the number of Shares properly tendered for each Fund and not withdrawn is noted in the table below. Fund Name Ticker CUSIP Shares Offered for Repurchase Shares Tendered (Preliminary Results) BlackRock Health Sciences Term Trust BMEZ 09260E105 2,596,285 21,043,412
SC 13G/A - Root, Inc. (0001788882) (Subject)
SC 13G/A - Coinbase Global, Inc. (0001679788) (Subject)
SC 13G/A - Coinbase Global, Inc. (0001679788) (Subject)
NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- TerraForm Power, a leading developer, builder, and operator of renewable power, announced today that it has named Mark Noyes as Chief Executive Officer and President to further the company's strategy across existing and new opportunities for growth. Mr. Noyes brings with him over 30 years of experience in the energy sector and joins TerraForm Power from RWE Clean Energy's leadership team where he was the Chief Executive Officer. Under his leadership, RWE Clean Energy grew significantly through both development and acquisition, ending 2023 with 10,000 megawatts of operating assets and a 30,000-megawatt pipeline. Prior to his role at RWE Clean E
Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced a programmatic purchase commitment from funds managed by Blue Owl Capital Inc. ("Blue Owl"). Blue Owl's Alternative Credit strategy will purchase up to $2 billion of consumer loans on the Upstart platform over 18 months. The transaction includes an initial acquisition of a $290 million personal loan portfolio, which closed in September. "We are excited to support Upstart's efforts to make the consumer lending process dramatically more efficient for both borrowers and lenders," said David Aidi, Co-Head of Financial Assets, Blue Owl Alternative Credit. "We are also proud to leverage the Blue
CHICAGO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ:GOCO), a leading health insurance marketplace and Medicare-focused digital health company, today announced the appointment of Brendan Shanahan as Chief Financial Officer (CFO), effective October 14, following a comprehensive search process. Mr. Shanahan, a seasoned executive with over 30 years of financial leadership experience and over 20 years of expertise in the Medicare Advantage space, will oversee GoHealth's financial strategy and operations, contributing to the company's profitable growth and innovation efforts. "Brendan's extensive expertise in financial strategy, M&A, operational leadership, and deep knowledge of t
4 - BlackRock Innovation & Growth Term Trust (0001836057) (Issuer)
4 - BlackRock Innovation & Growth Term Trust (0001836057) (Issuer)
4 - Lemonade, Inc. (0001691421) (Issuer)
The BlackRock closed-end funds (the "Funds") listed below announced today the final results of each Fund's tender offer (each, a "Tender Offer") for up to 2.5% of its outstanding common shares (the "Shares"). The Tender Offers, which expired at 5:00 p.m. Eastern time on November 20, 2024, were oversubscribed for each Fund. Therefore, in accordance with the terms and conditions of the Tender Offers, each Fund will purchase Shares from all tendering shareholders on a pro rata basis, after disregarding fractions, based on the number of Shares properly tendered ("Pro-Ration Factor"). The final results of the Tender Offers are provided in the table below. Fund Name Ticker CUS
At 3.45% in October, the national delinquency rate was up 6% from the same time last year, marking five consecutive months of year-over-year increases While 30- & 60-day delinquencies decreased from September, seriously past due loans (90+ days) continued their slow rise, now up 7.3% from last year and at the highest level since May 2023 Though both foreclosure starts (+12.2%) and completions (+10.1%) were up in October, both remain down from last year (-12.3% and -9.5%, respectively) and well below pre-pandemic levels Likewise, foreclosure inventory was up a modest +1K in the month, but there are 28K fewer loans in active foreclosure than there were at this same time last year
BROOKFIELD, NEWS, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE:BN, TSX:BN) today announced that it has received exemptive relief from the Ontario Securities Commission from the requirement to obtain a formal valuation and minority shareholder approval in relation to the arrangement to enhance the corporate structure of Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM), which was jointly announced by BN and BAM on October 31, 2024 (the "Arrangement"). BN filed a material change report on November 1, 2024 (the "Material Change Report") summarizing the terms of the Arrangement and results of the formal valuation prepared by KPMG LLP, the independent valuer appointed by
4 - Lemonade, Inc. (0001691421) (Issuer)
4/A - Robinhood Markets, Inc. (0001783879) (Issuer)
4 - BlackRock Innovation & Growth Term Trust (0001836057) (Issuer)
Morgan Stanley upgraded Lemonade from Underweight to Equal-Weight and set a new price target of $42.00 from $23.00 previously
Needham upgraded Robinhood Markets from Hold to Buy and set a new price target of $40.00
Itau BBA downgraded Nu Holdings from Outperform to Market Perform
https://newsroom.aboutrobinhood.com/introducing-joint-investing-accounts/
Wednesday was the worst day for the overall market in 2024, with the SPDR S&P 500 Index (NYSE:SPY) trading down more than 2% and the Invesco QQQ Trust Series 1 (NYSE:QQQ) trading down more than 3.5% late in the session.Many mega-cap tech names that have driven much of the last year's rally sold off significantly on the day, with NVIDIA Corp (NASDAQ:NVDA), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla Inc (NASDAQ:TSLA) each trading down more than 5%.But, even when the market gets hammered, there are ways to make money. Short-dated options contracts are a risky way to play the market, but when they go right, they can be a vehicle to make large gains very quickly. On Tuesday, put contr
Investors with a lot of money to spend have taken a bullish stance on Coinbase Glb (NASDAQ:COIN). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with COIN, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 22 uncommon options trades for Coinbase Glb. This isn't normal. The overall sentiment of these big-money traders is split between 50% bullish and 36%, bearish. Out of all of the