Latest news with #DanielPerlin
Business Insider
13-05-2025
- Business
- Business Insider
RBC Capital Keeps Their Hold Rating on TELUS International (CDA) (TIXT)
RBC Capital analyst Daniel Perlin maintained a Hold rating on TELUS International (CDA) (TIXT – Research Report) on May 9 and set a price target of $5.00. The company's shares closed yesterday at $2.98. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Perlin covers the Technology sector, focusing on stocks such as Shift4 Payments, NCR Voyix, and Block. According to TipRanks, Perlin has an average return of -10.6% and a 37.42% success rate on recommended stocks. Currently, the analyst consensus on TELUS International (CDA) is a Moderate Buy with an average price target of $3.88, a 30.20% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $3.00 price target. Based on TELUS International (CDA)'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $691 million and a GAAP net loss of $54 million. In comparison, last year the company earned a revenue of $692 million and had a net profit of $38 million Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TIXT in relation to earlier this year.
Business Insider
13-05-2025
- Business
- Business Insider
IBEX (IBEX) Gets a Hold from RBC Capital
In a report released on May 9, Daniel Perlin from RBC Capital maintained a Hold rating on IBEX (IBEX – Research Report), with a price target of $31.00. The company's shares closed yesterday at $28.12. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Perlin covers the Technology sector, focusing on stocks such as Shift4 Payments, NCR Voyix, and Block. According to TipRanks, Perlin has an average return of -10.6% and a 37.42% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for IBEX with a $30.00 average price target, representing a 6.69% upside. In a report released on May 11, Robert W. Baird also downgraded the stock to a Hold with a $30.00 price target. IBEX market cap is currently $408.5M and has a P/E ratio of 13.41. Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IBEX in relation to earlier this year. Most recently, in February 2025, Robert Thomas Dechant, the CEO of IBEX sold 49,931.00 shares for a total of $1,310,189.44.
Yahoo
10-04-2025
- Business
- Yahoo
Fiserv acquires Australian payment facilitator Pinch
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. A week after saying it would launch its Clover point-of-sale service in Australia, the payments giant Fiserv disclosed Monday that it has acquired Australian payment facilitator Pinch Payments. Pinch was founded in 2017 and serves about 2,000 merchants in Australia and New Zealand, according to a news release from Fiserv on the acquisition. The Australian company is known for its management platform Glassbox, the release said. Glassbox helps companies comply with regulatory requirements and manage day-to-day operations, the Pinch Payments website says. The move extends Fiserv's reach with services such as Clover, which is focused on small businesses, in the two Pacific island countries and generally in the region, the release said. "By integrating our leading digital payment solutions with Pinch's innovative technology and local expertise, we are able to deliver innovative payment solutions to empower merchants across the (Asia Pacific) region," Gavin Jones, head of Fiserv Australia, said in the news release. The release does not give an exact date for the acquisition and doesn't say how much Milwaukee-based Fiserv paid for Pinch Payments. The merger was finalized last week, a Fiserv spokesperson said in an email. The spokesperson declined to say how much the company paid to acquire Pinch Payments. The payments company announced it was launching Clover in Australia on March 31, and said the point-of-sale service is now available in eleven countries, powering 3.5 million point-of-sale devices. Merging with Pinch 'will provide incremental distribution for Clover,' RBC Capital Markets analyst Daniel Perlin wrote in a note to the firm's investment clients Tuesday. RBC expects further integration between payments and technology companies 'as firms look to create seamless payment ecosystems,' Perlin said. Recommended Reading Fiserv says US trade war could harm demand
Yahoo
21-03-2025
- Business
- Yahoo
Discover cards now accepted at Airwallex merchants
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Credit card network Discover Financial Services announced a partnership this week with financial technology company Airwallex that will let consumers use their Discover-issued cards at more merchants in Europe and Asia. Merchants that work with Airwallex in Australia, Singapore, the United Kingdom and Hong Kong will be able to accept Discover and Diners Club International cards as a result of the deal, which was announced Monday in a news release. Airwallex also works with merchants throughout Europe, the release said. The announcement comes during a time of uncertainty for Riverwoods, Illinois-based Discover. The fate of its proposed sale to McLean, Virginia-based bank and card issuer Capital One Financial remains in limbo due to pending regulatory reviews. In the meantime, the partnership with Singapore-based Airwallex, which offers cross-border payments, payroll services and corporate cards, should expand Discover's reach. Airwallex's global infrastructure caters to 150,000 businesses and Discover's card network supports 345 million cardholders across the globe, the news release said. The Discover-Airwallex partnership is a sign of 'increased competition for payment networks in both developed and emerging markets,' RBC Capital Markets analyst Daniel Perlin wrote in a note to investors Tuesday. Giving customers more payment options at checkout should help reduce cart abandonment, which occurs when a potential customer browses a company's website but fails to complete a purchase, the news release said. 'We are providing merchants with more choices to meet their customers' preferences,' Kai Wu, chief revenue officer for Airwallex, said in the release. Discover's proposed merger with Capital One is still being scrutinized by the Office of the Comptroller of the Currency, part of the Treasury Department; the Federal Reserve Board of Governors; and the Department of Justice antitrust staff. Last month, Discover extended the timeframe in which it expects to complete the merger from February to May 19. Recommended Reading Cap One, Discover shareholders approve merger
