SA: Morgan Stanley, HSBC said to cut Asia investment-banking jobs
SEEKING ALPHA reports: With business outlooks hindered by a dealmaking drought and sluggish market conditions in ...
SEEKING ALPHA reports:
– Revenue of $3.1B (+19.2% Y/Y) beats by $100M.
– Operating revenue (non-GAAP) of $2.4B, up 14% Y/Y.
– Full-Year 2023 Outlook: ROE of 16%-18%; Comparable EPS (non-GAAP) forecast of $11.05-$12.05 vs 10.84 consensus; Operating revenue (non-GAAP) expected to increase by approximately 4%…
The full post can be found here.
The full statement is here.
Moreover, it also announced to a new “discretionary program to repurchase shares“.
It said:
“Under the new program, Ryder management is authorized to repurchase up to 2.0 million shares of common stock, at its discretion, from February 10, 2023 through February 10, 2025 (two years). This program is designed to provide management with capital structure flexibility while concurrently managing objectives related to target balance sheet leverage, acquisition opportunities, and shareholder returns.”
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
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