$GPN (-0.42%) Global Payments
The dividends received from Volkswagen and Mutares go directly into increasing Global Payments. I now hold 60 shares in the payment processor. I believe that the massive acquisitions will also deliver positive key figures in the coming years.
๐ค๐ค๐ผ
These are the current Downgrades๐ฅ on this Monday, the September 18, 2023.
๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ฌ๐ฎ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ๐ฎ
Hello getquinners!
Iโm feeling like Floyd in this Mayweather๐ (sorry, couldnโt help it๐ ). Here's a round-up of some things which started off the week!
๐๐ฒ๐ฟ๐บ๐ฎ๐ป๐๐ฉ๐ช:
1. Deutsche Post has too much cash (!)
Deutsche Post $DPW (-1.53%) CFO Melanie Kreis has not got rid of her nicer issue, which the Bonn-based company experienced in the last year. All the cash they received from customers in 2021 has to go, and quickly. Otherwise, as a resolution passed twelve years ago by the management board warns, the former state-owned company may be in breach of its own guidelines. Instead of the free cash flow of 2.3 billion euros, initially targeted for 2021, the company reported a cash inflow of 4.1 billion euros at the end of the fiscal year.
๐ฅ $DPW (-1.53%) Deutsche Post, โฌ40.48 (๐ฝ-1.06%)
More on the cash surplus: https://bit.ly/382iHjz
๐๐๐ถ๐ฎ๐:
2. Former Snap India head joins Coinbase
As part of Coinbaseโs $COIN (+1.72%) emerging markets push, they have hired the former head of Snap India $SNAP Durgesh Kaushik as their new Senior Director for Market Expansion. During Kaushikโs time at Snap, he oversaw a 330% increase in monthly active users in India. Coinbase $COIN (+1.72%) launched last month in the worldโs second most populous country.
๐ฉ $COIN (+1.72%) Coinbase Inc, $117.26 (๐ผ+4.03%)
Wondering how Kaushik can help the cryptocurrency firm? https://tcrn.ch/39kIHqG
๐ช๐ผ๐ฟ๐น๐ฑ๐๐๐:
3. Berkshire Hathaway annual shareholders meeting
On the weekend, Berkshire Hathaway $BRK.B (+0.21%) had their annual shareholders meeting. There were quite a few key takeaways from the firm led by Warren Buffett.
๐ฅ $BRK.B (+0.21%) Berkshire Hathaway Class B, $318.71 (๐ฝ-1.28%)
Want to read these key takeaways? Hereโs the link: https://app.getquin.com/activity/pgDDMlXbpq
๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
๐ฉย TOP, $9988 (+2.44%) Alibaba Group (๐ผ+15.69%)
๐ฅ FLOP, $GPN (-0.42%) Global Payments Inc (๐ฝ-11.01%)
๐ฅ Most searched, $AMZN (-0.22%)
Amazon.com Inc (๐ฝ-1.99%)
๐ฉย Most traded, $BAS (-0.16%) BASF SE (๐ผ+0.99%)
๐ฉ S&P500 (๐ผ+0.005%)
๐ฅ DAX (๐ฝ-1.11%)
๐ฉ $BTC (+1.51%) Bitcoin โฟ, $38,857.00 (๐ผ+1.01%)
Time: 17:15 CEST
Did you know that the smallest stock exchanges in the world are in countries like Cambodia, Laos, Cameroon, Myanmar, Rwanda, the Maldives and the Seychelles and that only 5 shares are traded there?
๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ฌ๐ฎ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ
Hello dear getquin community,
how was your weekend? Over the weekend, we had the annual Berkshire Hathaway $BRK.B (+0.21%) Shareholders Meeting. Also, the post office has too much money! Find out what that's all about now.
๐๐ฒ๐๐๐๐ฐ๐ต๐น๐ฎ๐ป๐ฑ๐ฉ๐ช:
1. ๐๐ฆ๐ถ๐ต๐ด๐ค๐ฉ๐ฆ ๐๐ฐ๐ด๐ต ๐ฉ๐ข๐ต ๐ป๐ถ ๐ท๐ช๐ฆ๐ญ ๐๐ฆ๐ญ๐ฅ
Post's chief financial officer Melanie Kreis just can't get rid of her luxury problem, which plagued the Bonn-based company the previous year. The large amount of money that customers showered on the DAX-listed company in $DPW (-1.53%) the DAX-listed company in 2021, has to come out - and fast. Otherwise, as a resolution passed twelve years ago by the Management Board and Supervisory Board warns, the former state-owned company may be in breach of its own guidelines. Instead of the free cash flow of 2.3 billion euros initially targeted for 2021, the company reported a cash inflow of 4.1 billion euros at the end of the fiscal year.
๐ฅ $DPW (-1.53%) , 40,48โฌ (๐ฝ -1,06 %%)
More about cash overflow: https://bit.ly/382iHjz
๐๐๐ถ๐ฒ๐ป๐:
2. ๐๐ฉ๐ฆ๐ฎ๐ข๐ญ๐ช๐จ๐ฆ๐ณ ๐๐ฏ๐ข๐ฑ ๐๐ฏ๐ฅ๐ช๐ฆ๐ฏ-๐๐ฉ๐ฆ๐ง ๐ธ๐ฆ๐ค๐ฉ๐ด๐ฆ๐ญ๐ต ๐ป๐ถ ๐๐ฐ๐ช๐ฏ๐ฃ๐ข๐ด๐ฆ
As Coinbase expands into emerging markets, the company has hired former Snap India head ($SNAP (-0.17%)) Durgesh Kaushik as its new senior director for market expansion. During Kaushik's time at Snap, he grew the number of monthly active users in India by 330%. Coinbase $COIN (+1.72%) launched last month in the world's second most populous country.
๐ฉ $SNAP (-0.17%) , 27,56โฌ (๐ผ+1,93%)
How will Kaushik help the group? https://tcrn.ch/39kIHqG
๐ช๐ฒ๐น๐๐๐๐:
3. ๐๐ฌ๐ต๐ช๐ฐ๐ฏรค๐ณ๐ด๐ท๐ฆ๐ณ๐ด๐ข๐ฎ๐ฎ๐ญ๐ถ๐ฏ๐จ ๐๐ฆ๐ณ๐ฌ๐ด๐ฉ๐ช๐ณ๐ฆ ๐๐ข๐ต๐ฉ๐ข๐ธ๐ข๐บ
Over the weekend, Berkshire Hathaway $BRK.A (+0.45%)
$BRK.B (+0.21%) held its annual shareholder meeting. Here on getquin you can find a short summary about the meeting.
To the article: https://app.getquin.com/activity/XBmWyQqwrW
๐ฅ $BRK.B (+0.21%) , 318,80โฌ(๐ฝ -1,02%)
Stock of the day:
๐ฉTOP, $9988 (+2.44%) Alibaba Group (๐ผ+15.69%)
๐ฅ FLOP, $GPN (-0.42%) Global Payments Inc (๐ฝ-11.01%)
๐ฅMost searched, Amazon, โฌ2,315(๐ฝ -3.90%)
๐ฉ Most traded, $BAS (-0.16%) , 47,5(๐ผ +1,04%)
๐ฅ S&P500, โฌ4,129.64 (๐ผ+0.06%)
๐ฉ DAX, โฌ14,280.44 (๐ผ+1.44%)
๐ฉ $BTC (+1.51%) โฟ, 36.905,01โฌ (๐ผ+1.29%)
Time: 17:15 CEST
Did you know that the smallest stock exchanges in the world are located in countries such as Cambodia, Laos, Cameroon, Myanmar, Rwanda, Maldives as well as Seychelles and that just 5 stocks are traded there?
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ก๐ฒ๐๐ ๐๏ธ
๐๐น๐ผ๐ป ๐ ๐๐๐ธ ๐ฏ๐ฒ๐๐ฒ๐ด๐ ๐ฑ๐ฒ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ / ๐๐น๐ถ๐ฏ๐ฎ๐ฏ๐ฎ ๐ฏ๐น๐ถ๐ฐ๐ธ๐ ๐ถ๐ป๐ ๐ ๐ฒ๐๐ฎ๐๐ฒ๐ฟ๐๐ฒ / ๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป ๐๐ผ ๐๐ต๐ฒ ๐บ๐ผ๐ผ๐ป ๐
๐๐ -๐๐ฎ๐๐ฒ๐ ๐
As of today, among others, Aarons Inc. ($PRG (-0.23%)), Global Payments Inc. ($GPN (-0.42%)), and First Capital Inc. ($FCAP) are trading ex-dividend.
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป ๐
Today, among others, Toro Company ($TTC (+0%)), Trip.com Group limited ($CLV (+3.68%)) and Metro St. ($B4B (-0.1%)) present their quarterly figures.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐๏ธ
Tesla ($TSLA (+0.27%)) - Elon Musk sold more of his Tesla stock this week. The mandatory disclosure to the Securities and Exchange Commission showed that he sold another 934,000 Tesla shares for about $900 million. The background for the sales was a Twitter post by Musk in which he put to a vote whether to sell 10% of his Tesla shares. Since the result of the vote went in favor of the sale, he sold a total of $12.7 billion worth of shares. Tesla shares have since fallen by around 17%.
Alibaba ($BABA (+1.33%)) - China's Alibaba is entering the metaverse market. Alibaba Group Holding reported a new company under the name: Yuanjing Shengsheng to test the potential of gaming in the metaverse.
๐๐ฟ๐๐ฝ๐๐ผ ๐
Dogecoin ($DOGE (+2%)) - Elon Musk is once again moving the crypto markets via Twitter. He wrote in a tweet that he wants to accept payments in the Tesla fan store with Dogecoin, just to see how it works. The Memecoin rose by 20% as a result.
Follow us for french content on @MarketNewsUpdateFR
The price target is $146.48 and the stock is covered by 34 analysts.
Buy
26
Hold
6
Sell
2
Global Payments Inc. is a payments technology company that delivers software and services. It operates through two segments: Merchant Solutions, Issuer Solutions and Business. Through its Merchant Solutions segment, the Company provides payments technology and software solutions to customers. Its segment offerings include authorization, settlement and funding services, customer support, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and reporting. In addition, it offers an array of enterprise software solutions that streamline business operations to customers in numerous vertical markets. Through its Issuer Solutions segment, the Company provide solutions that enable financial institutions and other financial service providers to manage their card portfolios. It also provides commercial payments, accounts payable and electronic payment alternatives solutions that support B2B payment processes for businesses and governments.
