Colliers International stuns market with lowered FY24 targets, shares nosedive

Colliers International stuns market with lowered FY24 targets, shares nosedive

Colliers International Group has sent ripples through the investment landscape with its announcement of a downward revision in its financial targets for fiscal year 2024 (FY24). This unexpected shift has spurred significant reactions across markets, with shares plunging by 5%, dropping to 203 Canadian dollars per share. The revision signals potential challenges for the company […]

Hewlett Packard Enterprise stock slides following $1.35bn stock offering to fund Juniper deal

Hewlett Packard Enterprise stock slides following $1.35bn stock offering to fund Juniper deal

Hewlett Packard Enterprise (HPE) saw a significant decline in its stock price after announcing a $1.35 billion mandatory convertible preferred stock offering. The offering aims to fund its acquisition of networking equipment manufacturer Juniper Networks, a deal valued at $14 billion and intended to bolster HPE’s capabilities in artificial intelligence (AI) infrastructure. Stock Price Impact […]