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Deluxe, MRI Software Partner on Integrated Rent-Payment Processing

Deluxe (DLX) said Tuesday it has partnered with MRI Software to expand payment capabilities for property-management companies,MRI, which serves more than 45,000 clients across 170 countries, named Deluxe the official processing partner for its RentPayment platform, enabling property managers to handle both card payments and bank-to-bank transfer used for direct deposits and online bill pay through a single system.The integration will provide faster settlement, including same-day or next-day processing, along with grouped payment processing and improved reporting to simplify reconciliation and financial workflows, Deluxe said.Price: $30.40, Change: $-0.10, Percent Change: -0.33%

$DLX

Wire104d ago

Constellation Energy Keeps Quarterly Dividend at $0.4265 a Share, Payable June 5 to Holders of Record May 15

$CEG

Wire104d ago

Market Chatter: US Orders Big Chip Equipment Firms to Halt Some Shipments to Chinese Chipmaker

Lam Research (LRCX), Applied Materials (AMAT) and KLA (KLAC) were among the chip equipment companies believed to have received a letter last week from the US Department of Commerce ordering them to halt certain tool shipments to China's second-largest chipmaker Hua Hong, Reuters reported Tuesday, citing two people familiar with the matter.US officials believe Hua Hong facilities will make China's most sophisticated chips, the report said, citing the people.The companies and the Commerce Department didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $246.85, Change: $-12.71, Percent Change: -4.90%

$AMAT$KLAC$LRCX

Wire104d ago

MPLX Keeps Quarterly Dividend at $1.0765 per Unit, Payable May 15 to Holders of Record May 8

$MPLX

Wire104d ago

US Orders Big Chip Equipment Firms to Halt Some Shipments to Chinese Chipmaker, Reuters Reports

$AMAT$KLAC$LRCX

Wire104d ago

Nvidia Launches Multimodal AI Model to Combine Vision, Speech and Language

Nvidia (NVDA) said Tuesday it has launched Nemotron 3 Nano Omni, an open multimodal AI model designed to combine vision, speech and language capabilities into a single system.The model can process text, images, audio and video together, eliminating the need for separate models, and it has more accuracy in tasks such as document intelligence, audio-video reasoning and computer-use applications, the company saidNvidia said the model delivers up to nine times higher throughput than comparable models, reducing costs and improve scalability while maintaining responsiveness.Nemotron 3 Nano Omni has been adopted by companies such as Foxconn and Palantir (PLTR), and others such as Dell Technologies (DELL) and DocuSign (DOCU) are evaluating the technology, Nvidia said.Price: $209.59, Change: $-7.02, Percent Change: -3.24%

$DELL$DOCU$NVDA$PLTR

Wire104d ago

Velo3D Closes $50 Million Registered Direct Offering

Velo3D (VELO) said Tuesday it closed an underwritten registered direct offering of nearly 3.6 million common shares for gross proceeds of about $50 million.Net proceeds will be used for working capital and general corporate purposes, the company added.Price: $13.76, Change: $-0.57, Percent Change: -3.98%

$VELO

Wire104d ago

First Financial Bankshares Ups Quarterly Dividend 15.8% to $0.22 a Share, Payable July 1 to Holders of Record June 12

$FFIN

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Zillow's Lead-Distribution Strategy Working Unevenly, RBC Says

Zillow Group (ZG) faces a widening split between top-performing agents and those struggling to keep pace, RBC Capital Markets said Monday in a report.RBC found that Zillow's lead-distribution system is increasingly favoring larger, more experienced teams, with buyer activity flat to slightly down overall while flowing disproportionately to the strongest agents. That dynamic is helping high-volume agents, particularly those using Zillow Home Loans, where preapproval activity and lead conversion remain solid, the report said.Some agents continue to fall short of Zillow Home Loans' preapproval benchmarks, a miss that hurts lead quality and can jeopardize their Flex or Preferred status, the report said. Those pressures are creating "meaningful" resistance among parts of the agent base, RBC said.Zillow's strategy, while technically working, still doesn't fit the needs or operating style of certain agents and clients, RBC said. Industry shifts, including more private listings and evolving rules for multiple listing services, don't appear likely to materially change Zillow's competitive position, the report said.Q2 guidance is expected to land in line with or slightly below consensus "given macro headwinds, the report said. RBC trimmed its Q2 EBITDA forecast and left H2 expectations intact.RBC rates Zillow stock outperform with a price target of $95. Q1 results are due May 6.Price: $44.83, Change: $-0.86, Percent Change: -1.88%

$ZG

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Mizuho Securities Adjusts Hilton Worldwide Price Target to $326 From $321, Maintains Neutral Rating

Hilton Worldwide (HLT) has an average rating of overweight and mean price target of $346.91, according to analysts polled by FactSet.Price: $328.77, Change: $-3.69, Percent Change: -1.11%

$HLT

Wire104d ago

Microsoft Appears to Have Made More Concessions Than Gains Under Amended Deal With OpenAI, UBS Says

Microsoft (MSFT) appears to have made more concessions than gains under the recently amended agreement between the company and OpenAI, UBS said in a research note emailed Tuesday.Microsoft effectively loses its application programming interface, or API, exclusivity, with OpenAI now allowed to host all its products on other cloud providers, UBS said, adding that this development appears to be a major win for Amazon (AMZN).Microsoft's access to OpenAI's intellectual property continues to run through 2032, but it is now non-exclusive, representing another concession, according to UBS.In its view, UBS said that OpenAI needs more compute and Microsoft may be unable or unwilling to provide as it works to become a larger compute partner to Anthropic and fulfil its internal needs.UBS said that both Microsoft and OpenAI are increasingly becoming direct knowledge work rivals and soon even artificial intelligence coding model opponents, and that OpenAI is scaling so fast that current revenue share terms were likely untenable.UBS maintained its buy rating with a $510 price target on Microsoft.Price: $427.58, Change: $+2.76, Percent Change: +0.65%

$AMZN$MSFT

Wire104d ago

Apple Likely to Post Slight Fiscal Q2 Upside, 'Solid' June Guidance, UBS Says

Apple (AAPL) is likely to post a slight upside to fiscal Q2 estimates driven by iPhone and Mac demand, with no upside to services segment revenue growth estimates due to muted App Store performance, UBS Securities said in a research note Monday.Management is also expected to issue a "solid" guidance for the June quarter as elevated memory prices and Apple's ability to secure sufficient supply of silicon is driving smartphone share gains for the iPhone, according to the note.The brokerage said it expects fiscal Q2 earnings per share of $1.94 on revenue of $109 billion, which already prices in the robust demand for Neo and Mac mini models. For fiscal Q3, UBS said it raised its EPS estimate to $1.70 from $1.59, and its revenue forecast to $102 billion from $98.1 billion. The company is due to report fiscal Q2 results on April 30.Demand for the Mac portfolio partly driven by initial success of the relatively lower-priced Neo as well as the mini model should drive incremental upside to forecasts, the brokerage said.UBS Securities boosted its price target to $287 per share from $280 and reiterated its neutral rating on the stock.Price: $269.62, Change: $+2.00, Percent Change: +0.75%

$AAPL

Wire104d ago

Hershey's Q1 Saw 'Solid' Consumption Trends, RBC Says

Hershey (HSY) saw "solid" consumption in Q1 but concerns remain over its strategy in reversing ongoing volume declines and market share losses, RBC Capital Markets said in a Tuesday note.Scanner data suggested a 9.2% growth in Q1 consumption for Hershey, pointing to a revenue beat, according to RBC. The firm noted that Hershey expects the strongest quarterly revenue in Q1, while high inventory costs are anticipated to weigh on margins.Guidance for 2026 earnings per share is likely to be maintained, while Hershey's long-term guidance indicate EPS visibility through 2027, RBC added. It remains to be seen if Hershey's "strategy can revert ongoing volume declines and market share losses,' it added.The company's stock has been "resilient" so far this year, helped by easing cocoa costs and its strong guidance.Hershey is set to release its Q1 results on Thursday.RBC has a sector perform rating and $212 price target on Hershey.Price: $188.28, Change: $+1.79, Percent Change: +0.96%

$HSY

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Clarivate Faces Q1 Segment Headwinds While Advancing Value Creation Plan, RBC Says

Clarivate (CLVT) is expected to see near-term headwinds across key segments in Q1 as it advances its value creation plan initiatives, RBC Capital Markets said, adding that the pressure masks underlying execution progress.The investment firm said in a Monday note that it expects organic revenue to decline 1%, in line with consensus, as Clarivate continues executing its value creation plan, or VCP.In the Intellectual Property segment, they forecast about a 4% organic decline due to tough year-over-year comparisons. Academia and Government should deliver stable growth of about 1%, while Life Sciences & Healthcare faces a similar about 1% headwind.RBC forecast total revenue to decline 6.8% year over year to $554 million, compared with consensus expectations of a 4.2% decline to $569 million. It estimates A&G revenue at $276 million versus $290 million consensus, IP revenue at $188 million in line with consensus and LS&H revenue at $89 million versus $92 million consensus.Adjusted earnings before interest, taxes, depreciation, and amortization are expected at $218 million with a margin of 39.3%, compared with consensus estimates of $227 million and 39.9%. Earnings per share estimate is $0.14, in line with consensus, the analysts said, adding that they expect the company to reiterate its 2026 guidance.The company is scheduled to report its Q1 results before the market opens on Wednesday.RBC has a sector perform rating and a $3 price target on Clarivate.Price: $2.48, Change: $+0.02, Percent Change: +0.81%

$CLVT

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Blue Moon Metals to Acquire Nine Mineral Claims Adjacent to Springer Mine in Nevada

Blue Moon Metals (BMM) said Tuesday it has agreed to acquire certain claims adjacent to its Springer Mine in Pershing County, Nevada from GoldPlay and Robert Schafer for 188,199 shares, $1 million in cash, and a sliding scale gross revenue royalty on the concessions.The acquisition consists of nine unpatented mineral claims, including a portion of some historically identified veins including the Stank deposit, the O'Byrne deposits, and a portion of the Sutton deposit, and have seen high-grade tungsten trioxide drill results, the company said.A purchase and sale agreement was executed on Monday, with completion expected by early May, subject to regulatory approval, the company said.Price: $7.31, Change: $-0.73, Percent Change: -9.03%

$BMM

Wire104d ago

Street Color: Nvidia Introduces Nemotron 3 Nano Omni Model

$NVDA

Wire104d ago

Commerce Bancshares Expands Share Repurchase Program

Commerce Bancshares (CBSH) said Tuesday its board approved an increase of 2.5 million shares to its share repurchase program.The firm said it is now authorized to buy back up to 7.5 million shares, including shares remaining under prior authorization.Shares were up about 2% in midday trading.Price: $52.02, Change: $+1.00, Percent Change: +1.96%

$CBSH

Wire104d ago

ADT's Q1 Results Expected to be In-Line With Consensus, RBC Says

ADT's (ADT) Q1 results are expected to be in-line with consensus, with flattish revenue as mid-single-digit Installation revenue growth is countered by a modest decline in the Monitoring and Related Services segment, RBC Capital Markets said Monday in a note.The brokerage expects flat revenue growth in Q1 to about $1.27 billion, roughly in line with consensus and reflects a roughly 1 point headwind from the sale of ADT's multifamily business, as well as near-term headwinds from changes to dealer and affiliate partnerships.Over the mid-term, the brokerage expects tailwinds from ongoing investments in new initiatives like ambient sensing, AI in sales and marketing, and expansion into do-it-yourself and e-commerce channels, according to the note.The company is scheduled to report Q1 results on Thursday.RBC maintained a sector perform rating on ADT with a price target of $9.Price: $7.17, Change: $-0.05, Percent Change: -0.76%

$ADT

Wire104d ago

Williams Keeps Quarterly Dividend at $0.525 a Share, Payable June 29 to Shareholders of Record as of June 12

$WMB

Wire104d ago

Clorox to Report 'Softer' Fiscal Q3 Results, RBC Says

Clorox (CLX) is expected to report a "softer" fiscal Q3, primarily due to sluggish consumption and category trends, RBC Capital Markets analysts said in a Tuesday note.Analysts said that it would be appropriate for the company to lower its full-year guidance due to heightened macroeconomic volatility.Clorox is scheduled to report its fiscal Q3 financial results on Thursday."Given that we expect more bad news than good, we see a negative risk to reward this quarter," RBC said.Analysts said that while Clorox's share performance is improving, the conflict in the Middle East likely impacts both its top and bottom line in fiscal Q4.RBC has a sector perform rating and a $127 price target on the stock.Price: $97.73, Change: $+1.07, Percent Change: +1.11%

$CLX

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