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Opendoor to Report Fourth Quarter and Full Year 2024 Financial Results on February 27th, 2025
GlobeNewswire· 2025-01-23 14:00
Core Viewpoint - Opendoor Technologies Inc. is set to report its fourth quarter and full year 2024 financial results on February 27, 2025, with a conference call scheduled to discuss these results [1][2]. Group 1: Financial Reporting - The financial results for the fourth quarter and full year 2024 will be reported after market close on February 27, 2025 [1]. - A conference call and webcast will be held at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the company's business and financial results [1][2]. Group 2: Company Overview - Opendoor is a leading e-commerce platform focused on residential real estate transactions, aiming to simplify the process of buying and selling homes [3]. - Since its inception in 2014, Opendoor has been providing a straightforward and reliable method for individuals across the U.S. to engage in real estate transactions [3]. - The company operates in various markets nationwide and is composed of a team dedicated to innovation and problem-solving in the real estate sector [3].
MAKE YOUR VOICE HEARD: MANTLE RIDGE SENDS OPEN LETTER ASKING AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS TO VOTE AT ANNUAL MEETING
Prnewswire· 2025-01-16 21:15
Core Viewpoint - Mantle Ridge LP is advocating for the replacement of current CEO Seifi Ghasemi and other board members with its four nominees to improve Air Products' performance and governance ahead of the upcoming Annual Meeting on January 23, 2025 [1][3][4]. Group 1: Shareholder Advocacy - Mantle Ridge owns approximately $1.3 billion of Air Products' outstanding common shares and has nominated Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley for election [1][4]. - Mantle Ridge urges shareholders to vote "FOR" its nominees and "WITHHOLD" votes from the current board members [1][15]. Group 2: Proxy Advisory Recommendations - Leading independent proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend replacing CEO Seifi Ghasemi and other board members with Mantle Ridge's nominees [6][13]. - The recommendations from these firms provide third-party validation of Mantle Ridge's case for change [12][13]. Group 3: Nominees' Qualifications - The four nominees proposed by Mantle Ridge bring significant industry experience and expertise in governance, which is critical for Air Products' future [8][9]. - If elected, the nominees aim to implement best-in-class governance practices and reassess the company's compensation plan and capital allocation [9][10]. Group 4: Future Outlook - With the proposed board refreshment and new leadership, Air Products could potentially be valued at $425 per share and achieve double-digit annual Total Shareholder Return (TSR) compounding [12][20]. - The refreshed board is expected to conduct a comprehensive CEO search to recruit top leadership talent [10][11].
Why Opendoor Stock Plunged 32% in December
The Motley Fool· 2025-01-06 05:07
Real estate technology company Opendoor Technologies (OPEN 3.77%) stock dropped 32% in December, according to data from S&P Global Market Intelligence. Mortgage rates went back up after receding earlier in the year, and the market became more pessimistic about the real estate industry again.Challenges in real estate mean challenges for OpendoorOpendoor operates a digital real estate platform and iBuying business. Its core business is buying homes and reselling them, a capital-intensive business that's extre ...
3 Top Stocks That Could Double in 2025
The Motley Fool· 2024-12-18 14:17
Stocks are set to close out 2024 with one of their best performances this century.Through Dec. 16, the S&P 500 is up 27.5%, driven by the artificial intelligence (AI) boom, the resilience of the broader economy, and falling interest rates. No one knows what will happen in 2025, but Wall Street expects the bull market to continue. The average analyst is calling for the broad-market index to gain another 10%, building on strong results over the last two years. However, while the broad market looks pricey now, ...
Could 2025 Be a Breakout Year for Opendoor?
The Motley Fool· 2024-12-16 12:17
The iBuying leader is making the best of a weak real estate market.Real estate iBuying leader Opendoor (OPEN -2.04%) is doing as well as anyone can expect in a terrible real estate market, but could things get better in 2025? In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss what it would take for Opendoor's business to jump to the next level.*Stock prices used were the morning prices of Dec. 12, 2024. The video was published on Dec. 14, 2024. ...
1 Growth Stock Down 93% to Buy Right Now
The Motley Fool· 2024-12-04 23:00
Real estate stocks have been feeling the heat of high interest rates for a few years already, but many of them are on the rebound, including stocks like Home Depot and Lowe's, as well as many real estate investment trusts (REITs).Many factors are influencing this trend. The main one is that the Federal Reserve cut its benchmark interest rate for the first time in four years, and there might be more cuts coming. The election of Donald Trump as president and the imminent arrival of his cabinet picks are other ...
Why Opendoor Stock Rocketed 34% Higher in November
The Motley Fool· 2024-12-03 12:10
Opendoor Technologies (OPEN -8.97%) climbed 34% in November according to data provided by S&P Global Market Intelligence. It's benefiting from interest rate cuts and enthusiasm about an improved economy with Donald Trump's election as the next president, and its third-quarter results were better than expected.Making it through a crushing housing marketOpendoor's business could completely disrupt traditional residential real estate, but it has some inherent risks. Since it buys and resells homes, it works wi ...
Why Opendoor Stock Popped Today
The Motley Fool· 2024-11-25 22:55
Shares of Opendoor Technologies (OPEN 14.57%) surged today, seemingly in response to President-elect Trump's plans to make hedge fund manager Scott Bessent the next Treasury secretary.Treasury yields fell on the news, which is good for stocks like Opendoor, as Bessent is expected to be a sober steward of the economy, helping to rein in the deficit and keeping the company's financial house in order. Stocks that are sensitive to interest rates, like Opendoor, jumped on the news, and Opendoor shares finished t ...
Opendoor: Beaten And Forgotten
Seeking Alpha· 2024-11-25 18:01
Opendoor (NASDAQ: OPEN ) — the number one e-commerce platform for residential real estate — is by far the worst-performing stock in my portfolio, down more than 50% YTD. My goal is to help you find the companies of tomorrow.I am a long-term growth investor in search of innovative companies that make the world a better place. My investment strategy revolves around finding what I call "divergent stocks" — disruptive companies that have strong fundamentals and long growth runways, but depressing prices.You can ...
FREIGHTOS AND E2OPEN COLLABORATE TO SIMPLIFY AIR CARGO BOOKINGS
Prnewswire· 2024-11-21 12:00
Seamless Integration Gives Forwarders Real-Time Bookings and Dynamic Rates, All Within Their TMSBARCELONA, Spain, Nov. 21, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, today announced the official launch of its integration with e2open (NYSE: ETWO), a top provider of connected supply chain software. This integration, which follows a successful beta phase, embeds WebCargo by Freightos air cargo eBooking into e2open's Tr ...