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Top related persons:
Mario Pierry - 2 StoneCo - 1 — CNBC's Michelle Fox - 1 Brian Evans - 1 Sarah Min - 1 Pierry - 1 CNBC's Michael Bloom - 1
Top related locs:
Brazil Brazilian
Top related orgs:
Bank of America - 2 Walmart - 1 LSEG - 1 Revenue - 1 Cisco Systems - 1 Cisco - 1 Palo Alto - 1 Palo Alto Networks - 1

Search resuls for: "Pierry"


2 mentions found


☆ Stocks making the biggest moves premarket: Walmart, Cisco, Palo Alto Networks and more
  + stars: | 2023-11-16 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +2 min
Check out the companies making headlines in premarket trading. Cisco Systems — Shares tumbled nearly 11% during premarket trading on the back of the company's earnings guidance for the current quarter, which fell below analyst estimates. Palo Alto Networks — Shares slid more than 6% after Palo Alto Networks issued a weaker-than-expected billings forecast for the current quarter and full year. Tencent Music Entertainment — Shares climbed slipped 1.4% in premarket trading following quarterly earnings that missed the mark. StoneCo — The fintech company added 1.2% during premarket trading after Bank of America upgraded shares to buy from neutral.
Persons: StoneCo, Mario Pierry, — CNBC's Michelle Fox, Brian Evans, Sarah Min Organizations: Walmart, LSEG, Revenue, Cisco Systems, Cisco, Palo Alto, Palo Alto Networks, billings, Citi, Tencent, JPMorgan, Goodyear Tire, Deutsche, Goodyear, Bank of America
☆ Buy this little-known Brazilian investment stock as it cuts costs and rates fall, Bank of America says
  + stars: | 2023-06-22 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
Brazilian investment management company XP Inc is poised for a breakout thanks to efficiency advancements and lower interest rates, according to Bank of America. The bank upgraded XP to buy from neutral on Wednesday with a $29 per share price target. XP YTD mountain XP Inc stock has soared more than 59% from the start of 2023. The analyst also said XP should get a boost from lower rates in Brazil. On Wednesday, the Brazilian central bank kept rates unchanged at a six-year high.
Persons: Mario Pierry, Pierry, CNBC's Michael Bloom Organizations: XP Inc, Bank of America, XP Locations: Brazil, Brazilian
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