Summary: PayPal has been significantly punished on the stock market due to slowed growth and increased competition.
Full articleSummary: Bank of America has ceased to be a substantial shareholder in CardieX Limited, with no new associations reported.
Full articleSummary: Indian Energy Exchange Ltd (IEX) reported Q4 results below expectations with revenue, EBITDA, and profit after tax missing estimates. Nuvama expects limited upside potential for IEX despite volume growth forecasts. The stock closed at Rs 148.05 on BSE, with Nuvama's target price suggesting a 19.62% downside.
Full articleSummary: Newmark Group Inc, Emerson Electric Co., and IDEX Corporation will trade ex-dividend on 5/16/24 with upcoming dividend payments. NMRK, EMR, and IEX will pay quarterly dividends of $0.03, $0.525, and $0.69 respectively. The dividends will result in NMRK opening 0.30% lower, EMR opening 0.46% lower, and IEX opening 0.31% lower when trading resumes.
Full article