Latest news with #Shift4Payments
Yahoo
14 hours ago
- Business
- Yahoo
B. Riley sees Jared Isaacman returning to Shift4 Payments
B. Riley reiterates a Buy rating on Shift4 Payments (FOUR) with a $150 price target following reports that the nomination of the company's former CEO and founder, Jared Isaacman, to lead NASA has been withdrawn by the Trump Administration. This is unexpected news, as Isaacman's Senate hearings went well, and he was projected to have support from as many as 70 Senators, the analyst tells investors in a research note. Riley believes Isaacman will return to his prior role at Shift4. The return, should it happen, will be positively received by investors, the firm contends. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on FOUR: Disclaimer & DisclosureReport an Issue Shift4 CEO nomination withdrawal at NASA could provide a boost, says Benchmark Trump withdraws Jared Isaacman's nomination to lead NASA Shift4 Payments initiated with a Hold at Truist Shift4 Payments further extends cash tender offer to acquire Global Blue Shift4 Payments Completes Issuance of Senior Notes 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
Bloomberg
a day ago
- Business
- Bloomberg
Shift4 Leadership in Flux as Trump Pulls CEO's NASA Nomination
Taylor Lauber was preparing to start his new job as chief executive officer of Shift4 Payments Inc. soon, as the company's founder and current CEO got ready to head to Washington to lead NASA under President Donald Trump. That's now all in doubt after Trump over the weekend suddenly pulled Jared Isaacman's nomination to lead the space agency, with analysts expecting that he will likely remain at the helm of the payments company he started in his parents' basement as a teenager. Shift4 listed publicly in 2020 and now has a market valuation of about $8.5 billion.
Fox News
3 days ago
- Politics
- Fox News
Trump admin pulls Jared Isaacman's nomination for NASA administrator, replacement to be announced 'soon'
The Trump administration recently pulled Jared Isaacman's nomination to be NASA administrator, alluding that he was not in "complete alignment" with the president's agenda. "The Administrator of NASA will help lead humanity into space and execute President [Donald] Trump's bold mission of planting the American flag on the planet Mars," White House Assistant Press Secretary Liz Huston told Fox News Digital on Saturday. Huston added it is "essential" that the next leader of NASA "is in complete alignment" with President Trump's "America First" agenda. A replacement will be announced directly by Trump "soon," according to the White House. Isaacman is the billionaire founder and CEO of Shift4 payments, a credit card payment processing company. He reportedly dropped out of high school as a teen, using a $10,000 check from his grandfather to form his tech business. Sen. Tim Sheehy, R-Mont., who introduced Isaacman to the Senate Committee on Commerce, Science and Transportation, described him as "a successful innovator, entrepreneur, pilot, and astronaut." "Jared believes in NASA's core mission," Sheehy told Fox. "He has the experience and skillset to ensure we continue to lead in the greatest frontier ever known, and I look forward to adding NASA administrator to his already remarkable resume." "For nearly 70 years, the United States has been at the forefront of space exploration," he continued. "President Trump knows how critical it is to reinvigorate NASA so we can once again lead the world to new heights, and that's why he chose exactly the right man for the job: Jared Isaacman." The White House did not immediately respond to Fox News Digital's request for comment.
Hindustan Times
3 days ago
- Business
- Hindustan Times
Donald Trump to announce replacement of NASA administrator nominee: White House
The White House said it would name a new nominee for NASA administrator, just days before billionaire Jared Isaacman, the current pick, was to face his planned Senate confirmation vote. 'It's essential that the next leader of NASA is in complete alignment with President Trump's America First agenda and a replacement will be announced directly by President Trump soon,' White House spokesperson Liz Huston said. It wasn't immediately clear why President Donald Trump was dropping the nomination of Isaacman, who had already been approved by the Senate Commerce Committee. Isaacman is the chief executive officer of Shift4 Payments. The company processes payments for restaurants, resorts, hotels, casinos and stadiums. Starlink, Elon Musk's satellite internet provider, is also a customer. Isaacman has spent an undisclosed sum of his own money on two SpaceX missions, while Shift4 Payments has provided SpaceX with $27.5 million in funding. During his confirmation hearing, Isaacman made the case that the National Aeronautics and Space Administration can pursue missions to both the moon and Mars 'in parallel', walking a political tightrope between the desires of Congress and the administration. 'The administrator of NASA will help lead humanity into space and execute President Trump's bold mission of planting the American flag on the planet Mars,' Huston said.
South China Morning Post
3 days ago
- Business
- South China Morning Post
Trump planning to replace his nominee for Nasa head
The White House said it would name a new nominee for Nasa administrator, just days before billionaire Jared Isaacman, the current pick, was to face his planned Senate confirmation vote. 'It's essential that the next leader of Nasa is in complete alignment with President Trump's America First agenda and a replacement will be announced directly by President Trump soon,' White House spokeswoman Liz Huston said. It was not immediately clear why US President Donald Trump was dropping the nomination of Isaacman, who had already been approved by the Senate Commerce Committee. Isaacman is the chief executive officer of Shift4 Payments. The company processes payments for restaurants, resorts, hotels, casinos and stadiums. Starlink, Elon Musk's satellite internet provider, is also a customer. 01:52 SpaceX's latest Starship test flight ends with another explosion SpaceX's latest Starship test flight ends with another explosion Isaacman has spent an undisclosed sum of his own money on two SpaceX missions, while Shift4 Payments has provided SpaceX with US$27.5 million in funding.
