Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Cannae Holdings, Inc. (CNNE) is an asset management company. The Zacks Consensus Estimate for its current year earnings has been revised 42.3% downward over the last 60 days. Dorian LPG Ltd. (LPG) is a liquefied petroleum gas transportation company. The Zacks Consensus Estimate for its current year earnings has been revised 22.2% downward over the last 60 days. Japan Airlines Co., Ltd. (JAPSY) is an air transport company.The Zacks Co ...

Fortescue Ltd (FSUGY) is a mining company.The Zacks Consensus Estimate for its current year earnings has been revised 5.7% downward over the last 60 days. Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Cannae Holdings, Inc. (CNNE) is an investment company. The Zacks Consensus Estimate for its current year earnings has been revised 42.9% downward over the last 60 days. View the entire Zacks Rank #5 List. Crescent Energy Company (CRGY) is an oil and gas exploration and production c ...

Cannae Holdings, Inc. (NYSE:CNNE) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Jamie Lillis - Managing Director, Solebury Strategic Communications Bill Foley - Chairman & Chief Executive Officer Ryan Caswell - President Bryan Coy - Chief Financial Officer Conference Call Participants John Campbell - Stephens Ian Zaffino - Oppenheimer Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Inc. First Quarter 2024 Financial Results Conference Call. Dur ...

31 Table of Contents FORM 10-Q OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-38300 Delaware 82-1273460 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the precedi ...

First Quarter 2024 Update CANNAE HOLDINGS, INC. / FIRST QUARTER 2024 UPDATE This communication contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because ...

Cannae Holdings, Inc. (CNNE) closed the last trading session at $21.98, gaining 8.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $28 indicates a 27.4% upside potential.The average comprises three short-term price targets ranging from a low of $27 to a high of $30, with a standard deviation of $1.73. While the lowest estimate indicates an increase of 22.8% from the current price ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the commencement of a tender offer (the “Offer”) to purchase up to $200 million in aggregate purchase price of its outstanding shares of common stock, par value $0.0001 per share (the “Securities”), or such lesser aggregate purchase price of the Securities as are properly tendered and not properly withdrawn, at a single per-Security price not greater than $23.75 nor less than $20.75 per share to the se ...

(Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-38300 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Ac ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors voted to expand the size of its board to twelve members, and elected Doug Ammerman as an independent member of its Board of Directors, effective February 27, 2024. Mr. Ammerman, a retired partner of KPMG LLC, joins eleven current Cannae board members with extensive expertise and experience across multiple industries. Mr. Ammerman will serve as a director until the Company’s ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company has agreed to wind down its Management Services Agreement (“MSA”) with Trasimene Capital Management, LLC (“Trasimene”). Effective July 2, 2024, the MSA will be amended and restated to provide that Trasimene will receive a fixed management fee of $7.6 million for each of the following three years, and a $20 million termination fee, payable in three annual installments commencing on Jul ...