Tag:

stock prices

T-Mobile US shares: Solid performance despite slight decline ()

by Chief editor of world-today-news.com September 10, 2024

written by Chief editor of world-today-news.com

The T-Mobile US share has shown a mixed performance in recent weeks. While the price fell slightly by 0.75% compared to the previous month, the share is clearly in positive territory year-on-year with an impressive increase of 37.74%. With a current price of EUR 177.60, the stock is trading just under 4% below its 52-week high.

Dividend yield of 1.47% expected for 2024

For the current 2024 financial year, T-Mobile US plans to pay a dividend of EUR 2.60 per share. At the current share price level, this corresponds to a dividend yield of 1.47%. Analysts see further potential for the share, with the strong market position in the 5G sector in particular being seen as a driver. However, investors should continue to closely monitor developments in the highly competitive US telecommunications market.

T-Mobile US shares: Buy or sell?! New T-Mobile US analysis from September 11 provides the answer:

The latest T-Mobile US figures speak for themselves: T-Mobile US shareholders urgently need to take action. Is it worth buying or should you sell? Find out what to do now in the current free analysis from September 11th.

T-Mobile US: Buy or sell? Read more here…

September 10, 2024 0 comments

World

HelloFresh: Withdrawal of short seller Citadel Advisors gains momentum – Stock news (aktiencheck.de)

by Chief editor of world-today-news.com September 10, 2024

written by Chief editor of world-today-news.com

Berlin (www.aktiencheck.de) – Short seller Citadel Advisors LLC significantly reduces net short position in shares of HelloFresh SE:

The withdrawal of hedge fund Citadel Advisors LLC from its investment in the shares of HelloFresh SE (ISIN: DE000A161408, WKN: A16140, ticker symbol: HFG) is gaining momentum.

The financial professionals of the hedge fund Citadel Advisors LLC, founded by Kenneth C. Griffin and based in Chicago, Illinois, USA, reduced their net short position from 0.69% to 0.56% of HelloFresh shares on September 9, 2024.

Current net short positions of hedge fund short sellers in HelloFresh SE shares:

4,71% BlackRock Investment Management (UK) Limited (21.08.2024)
2,54% Greenvale Capital LLP (09.09.2024)
2,40% Marshall Wace LLP (30.08.2024)
0,79% Connor, Clark & Lunn Investment Management Ltd. (20.08.2024)
0,56% Citadel Advisors LLC (09.09.2024)

Total net short positions of hedge fund short sellers in HelloFresh SE shares: at least 11.00%. Ratios below 0.50% are not included in our reporting as they are not subject to publication.

Stock exchanges HelloFresh shares:

Tradegate share price HelloFresh share:
6,85 EUR +0,12% (10.09.2024, 21:51)

XETRA share price HelloFresh share:
6,716 EUR -1,24% (10.09.2024, 17:43)

ISIN HelloFresh Promotion:
DE000A161408

WKN HelloFresh Promotion:
A16140

Ticker Symbol HelloFresh Promotion:
HFG

Short profile HelloFresh SE:

HelloFresh (ISIN: DE000A161408, WKN: A16140, Ticker Symbol: HFG), founded in 2011, is a German company based in Berlin that offers so-called “cooking boxes” for consumers: packages with prepared ingredients and a recipe that are available by subscription. HelloFresh supplies customers with suitable, high-quality food for different occasions. In 2023, the HelloFresh Group delivered more than a billion meals worldwide. (10.09.2024/ac/a/d)

September 10, 2024 0 comments

Technology

Spotify S share: Strong quarter drives share price up ()

by Chief editor of world-today-news.com September 10, 2024

written by Chief editor of world-today-news.com

Spotify Technology SA recorded impressive revenue growth of 20% in the second quarter of 2024. The streaming giant was able to significantly increase both its number of customers and its operating profit. What was particularly pleasing for investors was that the company’s profitability increased noticeably, which led to a jump in the share price.

Analysts optimistic

The US investment bank Goldman Sachs reacted promptly to the positive figures and upgraded Spotify shares from “Neutral” to “Buy”. The price target was raised from 320 to 425 US dollars. Analyst Eric Sheridan emphasized Spotify’s clear market leadership and sees further potential in margins and free cash flow in the second half of the year and in 2025.

Despite the recent price increase, some challenges remain. The intense competition in the streaming market and ongoing discussions about music licensing could influence the short-term development. Nevertheless, Spotify seems well positioned to benefit from the growing demand for digital audio content.

Spotify S shares: Buy or sell?! New Spotify S analysis from September 10 provides the answer:

The latest Spotify S figures speak a clear language: Spotify S shareholders urgently need to take action. Is it worth getting involved or should you sell? Find out what to do now in the current free analysis from September 10th.

Spotify S: Buy or sell? Read more here…

September 10, 2024 0 comments

World

AT&T shares: Strong price increase and solid dividend ()

by Chief editor of world-today-news.com September 8, 2024

written by Chief editor of world-today-news.com

The telecommunications giant AT&T has seen an impressive share price development. The share has risen by over 38% in the past year and is currently trading at 18.84 euros, just below its 52-week high. AT&T has been particularly impressive in the last 30 days, with an increase of 5%. Investors also benefit from an attractive dividend yield of 6.24%, based on the distribution of 1.11 euros per share announced for 2024.

Solid fundamentals despite challenges

Despite the strong price increase, the valuation appears moderate with a P/E ratio of 10 for 2024. The price-to-cash flow ratio of 3.5 also indicates a favorable valuation. However, AT&T faces the challenge of holding its own in a highly competitive market and winning more customers. The upcoming quarterly figures on October 17 will show whether the positive trend can continue.

AT&T stock: Buy or sell?! New AT&T analysis from September 8th provides the answer:

The latest AT&T figures speak a clear language: AT&T shareholders urgently need to take action. Is it worth buying or should you sell? Find out what to do now in the current free analysis from September 8th.

AT&T: Buy or sell? Read more here…

September 8, 2024 0 comments

Business

Former Wirecard board members sentenced to pay 140 million euros in damages ()

by Chief editor of world-today-news.com September 7, 2024

written by Chief editor of world-today-news.com

The Munich Regional Court has sentenced three former Wirecard board members to pay 140 million euros in damages.

Wirecard’s insolvency administrator has achieved an important success in the legal dispute against the company’s former board members. The Munich Regional Court has sentenced three former executives of the scandal-ridden company, including former CEO Markus Braun, to pay a total of 140 million euros in damages plus interest. In the court’s opinion, they had acted at least negligently when granting a loan and subscribing to bonds and are therefore responsible for the damage caused.

The plaintiff in the case was insolvency administrator Michael Jaffé, who is acting in the interests of the creditors. The aim of the lawsuit was to recover funds that were lost in Wirecard’s dubious business practices. However, the ruling is not yet final and observers assume that the board members concerned will appeal.

Wirecard, once celebrated as a rising star on the stock market, collapsed in June 2020 when it was revealed that supposed balances of 1.9 billion euros in the Philippines did not exist. The case is considered one of the biggest financial scandals in post-war German history and set in motion a series of criminal investigations against the payment processor’s executives.

However, Jaffé suffered a defeat in one part of the lawsuit. The former deputy chairman of the supervisory board, Stefan Klestil, was released from the obligation to pay, although the court found that he had violated his supervisory duties. According to the ruling, however, it is questionable whether measures taken by the supervisory board could have prevented the damage, as the management board had not adhered to its instructions in the past.

The court, however, saw clear responsibility in the case of the three convicted board members. The loan in question was not secured and no thorough examination was carried out before the bonds were signed. Markus Braun and the CFO in particular were held directly responsible for the wrong decisions due to their departmental responsibilities.

The ruling concerns a loan of EUR 100 million and the subscription of bonds for a further EUR 100 million to the benefit of the company Ocap. However, part of the loan was repaid with EUR 60 million from the bonds, so the damage incurred amounts to EUR 140 million.

It remains unclear whether and how much of the sentenced sum the insolvency administrator can actually collect. The managers are liable with their private assets, but it is questionable whether this is sufficient. Wirecard’s manager liability insurance is also unlikely to apply, as it does not usually pay out in the case of criminal offenses.

Markus Braun is currently on trial with other managers on suspicion of fraud, while former sales director Jan Marsalek has gone into hiding. Klestil, on the other hand, has been spared any criminal charges.

Message in original

September 7, 2024 0 comments

World

K+S: Citadel Advisors’ short-selling activities significantly reduced – Stock news (aktiencheck.de)

by Chief editor of world-today-news.com September 6, 2024

written by Chief editor of world-today-news.com

Kassel (www.aktiencheck.de) – Short seller Citadel Advisors LLC significantly reduces net short position in shares of K+S AG:

The short sellers of the hedge fund Citadel Advisors LLC are significantly reducing their short selling activities in the shares of the potash and salt producer K+S AG (ISIN: DE000KSAG888, WKN: KSAG88, ticker symbol: SDF, Nasdaq OTC symbol: KPLUF).

The financial professionals of the hedge fund Citadel Advisors LLC, founded by Kenneth C. Griffin and based in Chicago, Illinois, USA, reduced their net short position from 0.68% to 0.59% of K+S AG shares on September 4, 2024.

Currently, hedge fund short sellers hold the following net short positions in K+S shares:

2,10% Qube Research & Technologies Limited (28.08.2024)
1,48% Marshall Wace LLP (03.09.2024)
1,10% Millennium International Management LP (04.09.2024)
0,73% Balyasny Asset Management (UK) LLP (28.08.2024)
0.71% Albar Capital Ltd. (12.08.2024)
0,70% ExodusPoint Capital Management, LP (02.09.2024)
0.62% Eleva Capital (04.09.2024)
0,59% Citadel Advisors LLC (04.09.2024)
0,52% POINT72 EUROPE (LONDON) LLP (09.08.2024)

Overall, the short sellers of the large hedge funds currently hold net short positions of at least 8.55% of K+S shares. Ratios below 0.50% are not included in our reporting as they are not subject to publication.

Stock exchanges K+S shares:

XETRA share price K+S share:
10,365 EUR +1,77% (05.09.2024, 17:35)

Tradegate share price K+S share:
10,445 EUR +2,70% (05.09.2024, 21:24)

ISIN K+S share:
DE000KSAG888

WKN K+S promotion:
KSAG88

Ticker symbol K+S share:
SDF

Nasdaq OTC-Ticker-Symbol:
KPLUF

Eurex option symbol K+S share option:
SDF

Short profile of K+S AG:

K+S (ISIN: DE000KSAG888, WKN: KSAG88, Ticker Symbol: SDF, NASDAQ OTC Symbol: KPLUF) is one of the world’s leading suppliers of products containing potash and magnesium for agricultural and industrial applications. The product range includes specialty and standard fertilizers, various plant care and salt products as well as products for animal hygiene and a number of basic chemicals such as caustic soda, nitric acid and sodium carbonate. At international locations, the company produces potash fertilizers and fertilizer specialties, various potash and magnesium compounds for technical, commercial and pharmaceutical applications as well as rock and evaporated salts. The chemicals business is taken over by the subsidiary Chemische Fabrik Kalk, which supplies glassworks, metal processors, detergent producers, breweries as well as cities and municipalities that use calcium or magnesium chloride for winter maintenance. Finally, the company is also active in the disposal and recycling of flue gas cleaning residues, aluminum smelting salts and construction waste. (05.09.2024/ac/a/d)

September 6, 2024 0 comments

Newer Posts

Older Posts