A trio of City analysts reacted to upbeat results from hVIVO PLC (AIM:HVO), with all three pointing to the upside. hVIVO earlier today delivered record earnings and provided a confident assessment of the year ahead as demand grows for its specialist infectious disease trials and the company expands into new areas.
Accesso Technology Group PLC's (AIM:ACSO, OTC:LOQPF) latest new business win, the adoption of its Horizon ticket and visitor experience platform for Saudi Arabia's Qiddiya City, is encouraging and resassuring news ahead of financial results next week – that's the view of City analysts. Qiddiya is located southwest of Riyadh and spans over 300 square kilometres.
Melco Resorts & Entertainment is shifting to an asset-light model, focusing on operating gaming floors rather than building new properties, to expand its footprint. Despite a 20.6% stock decline due to a crackdown on junkets, Melco's shares are undervalued with key expansions expected to boost earnings in 2025. Melco's Macau operations, including City of Dreams and Studio City, are crucial revenue drivers, with ongoing renovations aimed at attracting high-value customers organically.
UNP plans to lease about 12 acres of land and four miles of track in central Kansas City to Jaguar Transport.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has a number of tailwinds behind it, that's according to analysts at Stifel, who see substantial upside to the current price. Stifel, in a note, highlighted that guidance provided in Monday's results statement was significantly ahead of both the broker's expectations and consensus.
MAR expands the City Express brand with the latest openings in the United States and Canada, strengthening its midscale presence.
Several major retailers are holding massive sales as they prepare to shutter all or many of their store locations. Here's what you need to know when you go shopping.
Grand City Properties is an attractive value play in European real estate, trading at a significant discount to peers and showing strong fundamentals. Upcoming 2024 earnings report and potential dividend announcement could be key catalysts for a higher share price, with a forward yield potentially over 8%. GCP's financial position is mixed; sufficient liquidity but a high loan-to-value ratio, necessitating asset sales to reduce debt and improve balance sheet strength.
City Office REIT has seen a 28% increase over the past year but continues to trade at a low multiple to core FFO. CIO's fiscal 2024 fourth-quarter core FFO beat estimates, with 2025 core FFO expected to be $1.10-$1.14 per share, offering a 7.6% dividend yield. The REIT's 6.625% Series A Cumulative Preferreds offer an 8.88% yield on cost and present a more than 465 basis point spread over the U.S. 10-year Treasury yield.
CCBG increases its dividend to 24 cents per share, indicating a rise of 4.4% from the prior payout.
Red Robin CEO G.J. Hart explains why they won't open a location in New York City, and why we don't see a lot of big chain restaurants in Manhattan
RBC Capital Markets has lifted its price target for London Stock Exchange Group PLC (LSE:LSEG) from 12,500p to 14,000p, while JP Morgan reaffirmed its 13,900p target with both citing strong earnings growth and positive long-term prospects. The banks reiterated their bullish stance, highlighting LSEG's resilience and continued re-rating potential.