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AI News – Business (5/20/2024)

Title: Ieq Capital LLC Decreases Stock Position in The Western Union Company (NYSE:WU)
Summary: Ieq Capital LLC, the master of financial wizardry, slashed its stake in The Western Union Company (NYSE:WU – Free Report) by a whopping 8.9% in the fourth quarter. The fund, which is always on the lookout for a bargain, sold 1,744 shares of the credit services provider’s stock during the period. But don’t worry, Ieq Capital LLP didn’t leave the party just yet. In the third quarter, the fund bought a new stake in Western Union for a cool $29,000. Talk about a steal! International Assets Investment Management LLC also joined the fun and increased its stake in shares by a whopping 1,092.6% in the 4th quarter. Principal Securities Inc. couldn’t resist the allure of Western Union either and purchased a new position in shares. And let’s not forget about Annis Gardner Whiting Capital Advisors LLC, who also jumped on the bandwagon and acquired a new Position in the company during the 3rd quarter. Looks like Western Union is the talk of the town!

Title: Are Business Services Stocks Lagging EXL Service (EXLS) This Year?
Summary: ExlService Holdings (EXLS) is a stock that can certainly grab the attention of many investors. But do its recent returns compare favorably to the sector as a whole? By taking a look at the stock’s year-to-date performance, we might be able to answer that question. EXLS has gained about 21.6% so far this year. Meanwhile, the Business Services sector has returned an average of -26.7%. But hey, at least EXLS is not as bad as the S 500, which has lost about 20% this year.

Title: 13 Stocks With Strong Institutional Buying
Summary: Amazon.com, Inc. is the ultimate destination for all your shopping needs, whether you’re looking for the latest gadgets, the best deals, or the most convenient delivery options. You can browse through thousands of products, compare prices, read reviews, and order online or in-store. Plus, you can enjoy free shipping, Prime membership, and exclusive offers. Amazon.com, Inc. has it all.

Fiserv, Inc. is the leader in payments and financial services technology, helping businesses and consumers manage their money with ease and security. Fiserv, Inc. offers a range of solutions, such as card processing, payment gateway, banking, treasury, and risk management. Whether you’re a small business owner, a large corporation, or an individual, Fiserv, Inc. has the right technology for you.

Microsoft Corporation is the world’s most innovative technology company, creating and delivering software, services, devices, and solutions that empower people and businesses to achieve their goals. Microsoft Corporation has a portfolio of products, such as Windows, Office, Azure, LinkedIn, Xbox, and Surface, that cater to different needs and preferences. Whether you’re a student, a professional, a gamer, or a creative, Microsoft Corporation has something for you.

Title: Tata Power Company Share Price Highlights: Stock gained 1.18% during today’s trading session; Check price range, day’s high and low
Summary: Tata Power Company Ltd shares just closed at ₹441.45, up 1.18%! That’s some serious power in the stock market. But don’t worry, we’ve got you covered with our AI-generated Live Blogs to keep you updated on all the daily price movements of actively-traded stocks on Dalal Street. Stay tuned for more electrifying news!

Title: Trump’s Truth Social stock tanks after new SEC filings reveal company lost $58m in 2023
Summary: Trump Media  Technology Group, the parent company of Truth Social, took a nosedive of 27 per cent in value by lunchtime. A regulatory filing with the Securities  Exchange Commission early on Monday morning showed the company had only achieved revenue of $4.1m in 2023, with net losses reaching $58.2m. According to one calculation that lowers the value of Mr Trump’s stake in the company by $1bn. That’s a lot of lost money for a lot of lost tweets.

Title: Beacon Pointe Advisors LLC Cuts Stock Position in Becton, Dickinson and Company (NYSE:BDX)
Summary: Beacon Pointe Advisors LLC, the investment firm, decided to cut its losses on Becton, Dickinson and Company (NYSE:BDX) by almost half in the fourth quarter. They sold off 7,785 shares of the medical instruments supplier’s stock, leaving them with only 7,895 shares. Meanwhile, Tokio Marine Asset Management Co. Ltd. saw an opportunity and increased their stake in Becton, Dickinson and Company by 13.8% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd. also jumped on the bandwagon and grew their position in Becton, Dickinson and Company by 15.4% in The 3rd quarter. Looks like everyone’s trying to get out of this sinking ship!

Title: ITC Dividend 2024: Company to announce Q4 results, may declare final dividend – Check Details
Summary: FMCG major ITC Ltd has some juicy news for you, my dear readers. It has decided to spill the beans on its fourth-quarter results for the financial year 2024 soon. And guess what? There’s a possibility that it may also share some of its profits with its loyal shareholders. The board is also itching to give the green light for the dividend, so get ready to cash in on this sweet deal.

Title: Semiconductor stock to track after company announces 60% revenue growth for FY25
Summary: Kaynes Technologies India Limited is a company that makes gadgets and gizmos that can talk to each other and do amazing things. The people who own Kaynes Technology India Limited are so happy with their company that they decided to raise the price of their shares by 5 percent. They sold their shares for Rs. 3,244.95 each. That’s a lot of money for a piece of paper that says “Kaynes Technology India Limited”. The company is also very ambitious and wants to make 60 percent more money next year. That’s a lot of money for a company that makes gadgets and gizmos.

Title: Magnite (NASDAQ:MGNI) Stock Rating Reaffirmed by Needham  Company LLC
Summary: Needham  Company LLC, the experts in stock analysis, just gave Magnite (NASDAQ:MGNI) a thumbs up. They think the stock is worth buying and have set a $15.00 price target. Bank of America also agrees and raised their target price from $11.00 to $13.00. They even gave Magnite a neutral rating in a research note on Thursday, February 29th. B. Riley, another stock analyst, also joined the Magnite party and gave it a buy rating and a $14.50 price target. Looks like Magnite is on a roll!

Title: 2:1 Bonus issue: Multibagger company announces extension of record date for bonus shares, Stock hits back-to-back upper circuits!
Summary: Newtime Infrastructure Limited is still holding its breath for the Q4 FY24 Quarterly Results. The company’s stock has been on a rollercoaster ride, hitting back-to-back upper circuits for the last two days, including Saturday. The current market capitalization of the company stands at Rs 950 crore, which is enough to buy a small island in the Maldives. But don’t worry, the results are coming soon, and we’ll be here to celebrate or commiserate with you.

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