Loading...Loading...Block Inc SQ announced that its consumer-payments platform, Cash App, will cease operations in the U.K. on September 15, six years after launching there.The platform, known for its mobile money transfers, was the company’s first international market when it debuted in 2018. Block’s stock is trading lower on Thursday.The company website quoted, “In recent months, we have outlined our strategic approach for Cash App, which prioritizes our focus on the United States and deprioritizes global ...

Cash App says it will exit the British market as it focuses on the U.S.The mobile payments service announced Thursday (July 19) that it was shutting down Cash App UK on Sept. 15 after six years.“We do not make decisions like this lightly, as we know they impact our customers, our partners, and our team members who have helped us build to where we are today,” Cash App wrote in an announcement on its website.“In recent months, we have outlined our strategic approach for Cash App, which prioritizes our focus o ...

BOSTON, July 18, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Domino's Pizza, Inc. (NYSE: DPZ) for potential securities law violations. Investors who have lost money in their Domino's Pizza, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/dpz. What is this all about? Shares of Domino’s Pizza, Inc. fell 10% following the company's suspension of long-term global growth guidance. Block & Leviton ...

Thomas Barwick We are now approaching a very critical earnings season, and this is the catalyst we believe could trigger the next major move in markets, and a shift in sentiment. In recent sessions we have seen a rotation from big tech and chips and into industrials, energy and small caps. Quietly, however, one of our pound of the table names in AT&T Inc. (NYSE:T) in the $14-$16 range has rallied to 52-week highs with nice momentum in the stock. In full disclosure, we guided our members to take some pro ...

Block (SQ) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earni ...

BOSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Five Below, Inc. (Nasdaq: FIVE) for potential securities law violations. Investors who have lost money in their Five Below investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/five. What is this all about? Shares of Five Below fell 21% following the resignation of the company's CEO, Joel Anderson, and a reported decline in sales. Block & Lev ...

Citarum Block operations, where natural gas reserves could potentially exceed a billion barrels of oil equivalent, to commence by end of year JAKARTA, INDONESIA AND DANVILLE, CA, July 16, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company based in Indonesia, today provided an operational update and announced that it has completed the recording of 29 square kilometers of new 3D seismic at its 63,000 acre Kruh Block. IEC will ...

Central AI-Immunology™ Building Block: Evaxion’s proprietary in-house developed building block, EvaxMHC, is used across the AI-Immunology™ platform Improved Performance: Utilizing a state-of-the-art novel deep-learning framework as well as training on public and proprietary data, Evaxion has improved the performance of EvaxMHC compared to publicly available toolsPrecision in Vaccine Target Prediction: These advancements in EvaxMHC’s performance are anticipated to further enhance Evaxion’s ability to accurat ...

BOSTON, July 15, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Arbor Realty Trust, Inc. (NYSE: ABR) for potential securities law violations. Investors who have lost money in their Arbor Realty Trust, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/abr. What is this all about? According to Bloomberg, federal "investigators are inquiring about lending practices and [Arbor Realty]'s claims about ...

Khosrork/iStock via Getty Images We previously covered Block (NYSE:SQ) in March 2024, discussing why we had maintained our Buy rating as the management expanded its monetization efforts and profit margins in FQ4'23, while offering a promising FY2024 guidance. With FQ1'24 likely to bring forth excellent numbers, as the management launched intensified customer acquisition efforts and the US labor market/consumer spending remained robust, we believed that it continued to offer a compelling investment thesi ...