Latest news with #BusinessServices
Yahoo
4 days ago
- Business
- Yahoo
Kyndryl Holdings, Inc. (KD) Stock Moves -0.25%: What You Should Know
Kyndryl Holdings, Inc. (KD) closed the latest trading day at $39.45, indicating a -0.25% change from the previous session's end. This change was narrower than the S&P 500's 0.53% loss on the day. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 0.83%. The company's stock has climbed by 19.34% in the past month, exceeding the Business Services sector's loss of 0.45% and the S&P 500's gain of 5.17%. The investment community will be closely monitoring the performance of Kyndryl Holdings, Inc. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.48, reflecting a 269.23% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $3.85 billion, up 3.09% from the prior-year quarter. KD's full-year Zacks Consensus Estimates are calling for earnings of $2.17 per share and revenue of $15.64 billion. These results would represent year-over-year changes of +82.35% and +3.86%, respectively. It is also important to note the recent changes to analyst estimates for Kyndryl Holdings, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 10.29% higher. Kyndryl Holdings, Inc. is currently a Zacks Rank #3 (Hold). With respect to valuation, Kyndryl Holdings, Inc. is currently being traded at a Forward P/E ratio of 18.21. This indicates a discount in contrast to its industry's Forward P/E of 19.38. Also, we should mention that KD has a PEG ratio of 0.73. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Technology Services industry stood at 1.47 at the close of the market yesterday. The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kyndryl Holdings, Inc. (KD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
Rothschild & Co Hires Ralph Lerman as Managing Director in Business Services
NEW YORK--(BUSINESS WIRE)--Rothschild & Co announced that Ralph Lerman has joined the firm's North American Global Advisory business as a Managing Director on the Business Services team, effective immediately. Mr. Lerman will be based in New York. This expansion of the team underscores Rothschild & Co's commitment to growing its U.S. Business Services practice and delivering best-in-class advisory services to both sponsor-backed and corporate clients. 'Ralph is a respected banker with deep domain knowledge and client relationships,' said Jonathan Kaye, Global Co-Head of Business Services. 'Ralph was also a critical partner in building a world-class Services practice, and will be instrumental in building Rothschild & Co's franchise in key verticals in North America.' Mr. Lerman has nearly two decades of investment banking experience and a strong track record of advising on complex M&A transactions across the business services sector. He joins Rothschild & Co from Moelis & Company, where he served as Executive Director and originated and led transactions in professional services, human capital management, and a variety of tech enabled verticals. Mr. Lerman holds a B.A. from Tufts University and an M.B.A. with High Distinction from the University of Michigan's Ross School of Business. 'I've long admired Rothschild & Co's reputation for providing independent, high-impact advice across the globe and am excited to join the team at a time of real momentum in the business services sector,' said Ralph Lerman. 'I look forward to collaborating with my new colleagues to help clients navigate critical moments with the thoughtfulness and integrity for which the firm is known.' About Rothschild & Co, Global Advisory Rothschild & Co is a family-controlled and independent group and has been at the centre of the world's financial markets for over 200 years. With a team of c.4,600 talented financial services specialists on the ground in over 40 countries, Rothschild & Co's integrated global network of trusted professionals provide in-depth market intelligence and effective long-term solutions for our clients in Global Advisory, Wealth & Asset Management, and Five Arrows, its alternative assets arm. Global Advisory, a division of the Rothschild & Co group, designs and executes strategic M&A and financing solutions, providing impartial, expert advice to large and mid-sized corporations, private equity, families and entrepreneurs, and governments. Through its unrivalled network of 1,600 industry and financing specialists in 47 countries, Rothschild & Co's Global Advisory business combines the breadth of its advisory offering with a high volume of transactions to achieve a unique understanding and perspective into markets and participants worldwide.
Yahoo
6 days ago
- Business
- Yahoo
Rothschild & Co Hires Ralph Lerman as Managing Director in Business Services
Firm expands U.S. Business Services team NEW YORK, June 04, 2025--(BUSINESS WIRE)--Rothschild & Co announced that Ralph Lerman has joined the firm's North American Global Advisory business as a Managing Director on the Business Services team, effective immediately. Mr. Lerman will be based in New York. This expansion of the team underscores Rothschild & Co's commitment to growing its U.S. Business Services practice and delivering best-in-class advisory services to both sponsor-backed and corporate clients. "Ralph is a respected banker with deep domain knowledge and client relationships," said Jonathan Kaye, Global Co-Head of Business Services. "Ralph was also a critical partner in building a world-class Services practice, and will be instrumental in building Rothschild & Co's franchise in key verticals in North America." Mr. Lerman has nearly two decades of investment banking experience and a strong track record of advising on complex M&A transactions across the business services sector. He joins Rothschild & Co from Moelis & Company, where he served as Executive Director and originated and led transactions in professional services, human capital management, and a variety of tech enabled verticals. Mr. Lerman holds a B.A. from Tufts University and an M.B.A. with High Distinction from the University of Michigan's Ross School of Business. "I've long admired Rothschild & Co's reputation for providing independent, high-impact advice across the globe and am excited to join the team at a time of real momentum in the business services sector," said Ralph Lerman. "I look forward to collaborating with my new colleagues to help clients navigate critical moments with the thoughtfulness and integrity for which the firm is known." About Rothschild & Co, Global Advisory Rothschild & Co is a family-controlled and independent group and has been at the centre of the world's financial markets for over 200 years. With a team of c.4,600 talented financial services specialists on the ground in over 40 countries, Rothschild & Co's integrated global network of trusted professionals provide in-depth market intelligence and effective long-term solutions for our clients in Global Advisory, Wealth & Asset Management, and Five Arrows, its alternative assets arm. Global Advisory, a division of the Rothschild & Co group, designs and executes strategic M&A and financing solutions, providing impartial, expert advice to large and mid-sized corporations, private equity, families and entrepreneurs, and governments. Through its unrivalled network of 1,600 industry and financing specialists in 47 countries, Rothschild & Co's Global Advisory business combines the breadth of its advisory offering with a high volume of transactions to achieve a unique understanding and perspective into markets and participants worldwide. View source version on Contacts For further information: Global Advisory, Rothschild & Co Kim NicholsonTel: +44 20 7280 FGS Global Margaret PopperTel: +1 212 687 8080rothschildandcoNA@ Sign in to access your portfolio
Zawya
22-05-2025
- Business
- Zawya
DMCC sees 13% growth in Singaporean companies as it concludes first-ever roadshow in Singapore
RELATED TOPICS UAE RELATED COMPANIES Hawksford Trust A-1 Fence Dmcc DMCC has announced growth of 13% in companies from Singapore joining its international business district Figures revealed during first-ever roadshow to Singapore and mean DMCC accounts for over half of all Singaporean businesses in UAE Strategic partnership with Hawksford announced to support inbound investment and international expansion through Dubai Event for over 100 Singaporean business leaders reinforces growing UAE–Singapore trade corridor amid shifting global trade dynamics Dubai, UAE: DMCC, the leading international business district that drives the flow of global trade through Dubai, has announced growth of 13% of companies from Singapore joining its international business district in the past 12 months. The figures were revealed during DMCC's first-ever roadshow on the ground in Singapore as part of its efforts to attract Singaporean business to Dubai, and mean DMCC is now home to over half of the estimated total Singaporean businesses operating in the UAE. A new partnership with Hawksford, the international business services provider, will streamline company setup in DMCC's district. Hawksford will provide advisory and registration, accounting and tax support to businesses, attracting new companies to DMCC – particularly from the technology, innovation and sustainability sectors – and enabling them to set up, scale and operate seamlessly from Dubai. Singapore represents one of DMCC's strategic target markets, with a range of opportunities across tech, commodities and trade underpinned by a deepening relationship as Singaporean firms seek efficiencies through Dubai. With nearly 400 Singaporean companies now registered in DMCC, the business district is rapidly expanding its status as a critical gateway for businesses from Southeast Asia looking to grow internationally. The event saw senior DMCC executives engage directly with over 100 Singaporean business leaders, providing tailored insights into how Dubai can serve as a launchpad for international growth and investment diversification. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: 'Our first in-person Made For Trade Live roadshow in Singapore comes at a time of accelerating cooperation between our two nations, with bilateral trade reaching USD 18.7 billion last year. This momentum is echoed by a 13% rise in Singaporean companies joining DMCC over the past 12 months, bringing the total to nearly 400 – accounting for more than half of all Singaporean businesses in the UAE. As our partnership deepens, our new agreement with Hawksford as our local partner will further reinforce DMCC's position as the business district of choice for Singaporean firms seeking global expansion from Dubai.' Tommaso Barindelli, Head of Business Development, Hawksford Dubai, added: 'We are delighted to be appointed as an International Service Provider by DMCC. With our on-the-ground expertise in Singapore and other key markets, we are ideally placed to help clients seize the unique advantages of DMCC and Dubai – whether they are entering the UAE for the first time or looking to expand across Asia, the Middle East and Africa. This partnership marks a significant milestone for our firm and a valuable opportunity for our current and future clients.' The partnership with Hawksford forms part of DMCC's broader strategy to build a strong global network of referral partners, easing the company formation journey for foreign investors and ensuring tailored support across jurisdictions. DMCC is currently home to over 25,000 companies from 180 countries, covering every sector and industry. The district contributes 15% of Dubai's annual FDI inflows and in accounting for 7% of Dubai's GDP, it remains a key driver of the emirate's position as a leading hub for international business. Media Enquiries: DMCC PR & Corporate Communications pr@ About DMCC DMCC is a leading international business district that drives the flow of global trade through Dubai. We make it easier for our members to do business, helping them access the world's fastest growing markets from a dynamic district that offers everything they need to thrive. This approach is why we are the preferred location for over 25,000 top multinationals and high-impact startups, contributing significantly to Dubai's position as a global hub for trade and innovation. DMCC is where the world does business. For more information, visit
Barnama
25-04-2025
- Business
- Barnama
Desaru Coast Partners With ONE°15 Marina To Boost Marine Tourism
(Left-right) Executive Director and CEO of SUTL Enterprise Arthur Tay, Director of Business Services, Destination Resorts and Hotels Sdn Bhd Karina Ridzuan and Chief Operating Officer, Desaru Coast Izrin Hashim at the Singapore Yachting Festival (SYF) 2025 recently. KUALA LUMPUR, April 25 (Bernama) -- Desaru Coast has formalised a partnership with ONE°15 Marina, a subsidiary of SUTL Enterprise (SUTL), a leading developer, operator and consultant of integrated marinas. The collaboration aims to enhance Desaru Coast's tourism offerings by optimising key infrastructure assets, including the ferry terminal. Director of Business Services, Destination Resorts and Hotels Sdn Bhd, parent company of Desaru Ferry Sdn Bhd, owner and operator of Desaru Coast Ferry Terminal, Karina Ridzuan said the partnership reflects the strong bilateral cooperation between Singapore and Johor with the impending Johor-Singapore Special Economic Zone and demonstrates investor confidence in Desaru Coast. 'As a premier coastal destination in Johor, we are delighted to partner with the esteemed ONE°15 Marina to introduce premium marina facilities and curated sailing experiences at the Desaru Coast Ferry Terminal. 'ONE°15 Marina Desaru Coast Malaysia catalyses the marine and leisure economy by placing our destination on the global yachting map welcoming an international community of yacht owners, club members, and seasoned boaters in search of new and vibrant destinations. 'The collaboration will see ONE°15 Marina Desaru Coast operate wet and dry berths at the Desaru Coast Ferry Terminal and the introduction of a suite of sailing experiences for guests at the destination,' Karina said in a statement. The announcement was made in Singapore at the Desaru Coast booth on the second day of Singapore Yachting Festival (SYF) 2025. She added that by enabling seamless maritime access and offering new experiences, Desaru Coast aims to reinforce its position as a vibrant lifestyle destination for both leisure travellers as well as the yachting community in the region. During SYF, Desaru Coast also previewed the Ombak Festival 2025, Desaru Coast's marquee cultural and lifestyle event, which is set to return this September.
