NEW YORK, Aug. 21, 2024 /PRNewswire/ -- The Special Committee of the Board of Directors (the "Special Committee") of Paramount Global (NASDAQ: PARA, PARAA) ("Paramount" or "the Company") today announced the receipt of an acquisition proposal from Edgar Bronfman, Jr., on behalf of a consortium of investors (the "Bronfman Consortium"), that the Special Committee has determined qualifies the Bronfman Consortium as an "Excluded Party" under the terms of the Skydance transaction agreement. As a result, the "go s ...

Global Research and Evidence Lab 14 August 2024 Dayforce Inc. 2024 Boost amid $500m New Buyback = Buy Non-deal road show offers a glimpse at a Special Software Story We recently hosted Dayforce CEO David Ossip, CFO Jeremy Johnson as well as multiple members from investor relations. We continue to have substantial confidence in our thesis as we believe DAY stock is poised to outperform on cloud revenue remix + improving free cash flow conversion—we believe recent underperformance is mostly due to risk-off se ...

MINNEAPOLIS and TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today launched its inaugural Dayforce Living Wage Index, conducted in partnership with the Living Wage Institute. The report reveals groundbreaking new insights on the percentage of full-time workers in the U.S. that make a familysustaining living wage based on gender, race and ethnicity, industry, and geography. The report's key finding ...

Dayforce (DAY) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this provider of human-resources software and services is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation bet ...

Dayforce (DAY) closed the last trading session at $52.49, gaining 8.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $68.73 indicates a 30.9% upside potential. The average comprises 15 short-term price targets ranging from a low of $52 to a high of $87, with a standard deviation of $10.85. While the lowest estimate indicates a decline of 0.9% from the current price level, the mos ...

These days, AI stocks are almost selling like pancakes, and I can't blame investors. With almost every tech and tech-adjacent company announcing artificial intelligence integration into their business processes, AI service providers are getting more clients. At the same time, SaaS companies are injecting GPT into their existing platforms, allowing them to expand their offerings and rake in more revenue. Indeed, the AI trend is at full throttle, and everyone is eager to ride it to the top. However, we can't ...

Key Takeaways Dayforce shares soared after the the provider of human resources software and services posted better-than-expected quarterly sales and profits. Improving profitability and cash flow generation prompted the company to announce a $500 million stock buyback program. Dayforce Wallet, the firm's on-demand payment solution, surpassed $4 billion in total payroll delivered. Dayforce (DAY) shares jumped after the provider of human resources software and services topped sales and profit estimates with i ...

Dayforce Inc. (NYSE:DAY) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants David Niederman - Vice President, Investor Relations David Ossip - Chief Executive Officer Jeremy Johnson - Chief Financial Officer Steve Holdridge - President Conference Call Participants Mark Marcon - Baird Samad Samana - Jefferies Scott Berg - Needham Siti Panigrahi - Mizuho Steve Enders - Citi Bhavin Shah - Deutsche Bank Brad Reback - Stifel Daniel Jester - BMO Raimo Lenschow - Barclays Jared Levine - ...

MINNEAPOLIS and TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE:DAY, TSX:DAY), a global human capital management (HCM) leader that makes work life better, today announced a new milestone for its award-winning on-demand pay solution, Dayforce Wallet. Across the solution's global footprint, more than $4 billion in payroll1 has been delivered through on-demand pay, early direct deposit, and paycard to employees using Dayforce Wallet. In today's boundless workforce, organizations face the challe ...

Dayforce (DAY) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for nonrecurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Dayforce has underperformed the market so far this year, the question that ...