JPM vs. MS: Which Wall Street Titan Deserves a Spot in Your Portfolio?
ZACKS· 2025-05-16 13:26
When it comes to Wall Street heavyweights, few names command more influence than JPMorgan (JPM) and Morgan Stanley (MS) . These financial titans are pillars of global finance, with deep roots in the investment banking (IB) industry, advising on multibillion-dollar mergers, underwriting high-profile IPOs and navigating complex capital markets.Per a research report published by Spherical Insights & Consulting, the global IB market is expected to grow from $170 billion in 2023 to $394.2 billion by 2033, at a C ...
Trip.com Group to Report Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-16 13:22
Trip.com Group Limited (TCOM) is scheduled to report first-quarter 2025 results on May 19, after market close. In the last reported quarter, TCOM’s earnings beat the Zacks Consensus Estimate by 15.4%.The company’s earnings beat the consensus mark in the last four quarters, the average being 30.4%.TCOM’s Q1 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 86 cents per share, indicating a surge of 3.6% year over year. In the past 60 days, the estimate has remained stable. (Find the latest earni ...
NASDAQ Index, SP500, Dow Jones Forecasts – US Indices Continues to Look Strong
FX Empire· 2025-05-16 13:20
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Basel Medical Group Ltd Kicks Off US$ 1.0 Billion Bitcoin (BTC) Acquisition Strategy Move
GlobeNewswire· 2025-05-16 13:20
Singapore, May 16, 2025 (GLOBE NEWSWIRE) -- Basel Medical Group Ltd (Nasdaq: BMGL or the “Company”), today announced that it has begun exclusive negotiations for a US$1 billion BTC acquisition that will diversify its treasury reserves to a very large extent, while maintaining its core focus on medical services expansion. This is a major strategic financial initiative to strengthen its balance sheet and support its aggressive expansion across Asia’s high-growth healthcare markets. Strategic Financial Restruc ...
Bulletin from BTS Group AB's Annual General Meeting
GlobeNewswire· 2025-05-16 13:17
Dividend Approval - The Annual General Meeting approved a dividend of SEK 6.10 per share, to be paid in two installments of SEK 3.05 each [1] - The record date for the first payment is May 20, 2025, with the payment expected on May 23, 2025; the second payment will have a record date of November 18, 2025, and is expected on November 21, 2025 [1] Board Discharge and Remuneration - The Annual General Meeting discharged the Board of Directors and the CEO from liability for the financial year 2024 and approved the remuneration report for 2024 [2] - Total remuneration for board members is set at SEK 1,895,000, with specific amounts allocated to the Chairman, other board members, and the Deputy Board member [3] Board Elections - Mariana Burenstam Linder, Stefan Gardefjord, Reinhold Geijer, and Anna Söderblom were re-elected as ordinary board members; Henrik Ekelund was re-elected as Chairman, and Olivia Ekelund as Deputy Board member [3] - Ernst & Young was re-elected as auditor for the period until the end of the next Annual General Meeting [3] Share Issuance and Acquisition Authorization - The Board of Directors was authorized to issue shares or convertibles, up to a maximum of 1,200,000 class B shares, for company acquisitions [4] - The Board was also authorized to acquire and transfer own shares, with specific conditions regarding the maximum percentage of shares that can be repurchased and the method of payment [5] Meeting Documentation - Complete minutes of the resolutions from the meeting will be available on the company's website by May 23, 2025 [6]
Meren: A Sustainable 20% FCF Yield And 11% Dividend
Seeking Alpha· 2025-05-16 13:16
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Africa Oil Corporation ( OTCPK:AOIFF ) has announced it's changing its name to Meren Energy. The $900 million company recently announced very impressive 1 ...
Here's Why Hold Strategy is Apt for Imperial Oil Stock Now
ZACKS· 2025-05-16 13:16
Imperial Oil Limited (IMO) has experienced a notable 3.3% increase in its share price over the past year, outperforming the broader oil and energy sector, which saw a decline of 7.2%. The company has also outpaced its competitors within the Canadian Oil and Gas Exploration and Production sub-industry, with Cenovus Energy Inc. (CVE) and Canadian Natural Resources Limited (CNQ) reporting declines of 32.5% and 19.8%, respectively, during the same time. Such relative strength naturally leads investors to ask: I ...
Modine Gears Up to Report Q4 Earnings: Here's What to Expect
ZACKS· 2025-05-16 13:16
Modine Manufacturing Company (MOD) is slated to release fourth-quarter fiscal 2025 results on May 21, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share (EPS) and revenues is pegged at 95 cents and $629.47 million, respectively.For the fiscal fourth quarter, the consensus estimate for Modine’s earnings has moved down a penny in the past seven days. Its bottom-line estimates imply 23.38% growth from the year-ago reported numbers. The Zacks Consensus Estim ...
Huntington Expands Commercial Banking Capabilities in Florida
ZACKS· 2025-05-16 13:16
Huntington Bancshares Incorporated (HBAN) continues to extend its commercial banking business across the country by bringing its middle-market banking capabilities to Florida.The Florida expansion is the latest growth strategy for HBAN, which has expanded its middle-market banking presence into North Carolina, South Carolina and Texas over the last couple of years.Details of HBAN Commercial Banking ExpansionIn sync with its efforts to expand commercial banking in Florida, HBAN has hired middle-market banker ...
Reasons to Include DTE Energy Stock in Your Portfolio Right Away
ZACKS· 2025-05-16 13:16
DTE Energy Corp.’s (DTE) disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems boosts its performance. Given its growth prospects and low debt, DTE makes for a solid investment option in the Zacks Utility Electric Power industry.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth Forecast & Surprise History of DTEThe Zacks Consensus Estimate for DTE’s 2025 and 2026 earnings per share (EPS) ...