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19 September 2021
13:34 hour

Allcargo Logistics drops plans to delist company: Report

Money Works 4 Me

14/09/2021 - 14:59

It will continue to drive its ambitious growth plans as a listed entity


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  1. Allcargo Logistics acquires 65% stake in Nordicon Group (30/07/2021 - Money Works 4 Me)
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  2. Downgrade Allcargo Logistics to ‘hold’ from ‘add’ (15/09/2021 - Financial Express)
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  3. Pandemic actually enhanced our operational efficiencies: Shashi Kiran Shetty, founder & chairman of Allcargo Logistics (10/06/2021 - Financial Express)
    The pandemic actually enhanced our operational efficiencies and in the process we are realigning the management heads of our global operations spread across more than 70 countries.
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  4. XPO Logistics plans to distribute shares of subsidiary GXO logistics to shareholders (13/07/2021 - Seeking Alpha)

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  5. XPO Logistics spinning off logistics business which will become GXO (15/07/2021 - Reddit Stocks)
    XPO’s board of directors just approved the spin off of the company’s logistics business which will trade under the new ticker GXO. Current XPO shareholders will get 1 share of GXO for every share they own. The record date is July 23. GXO shares will be distributed on August 2. XPO will remain the transportation/trucking business and GXO will be the largest contract logistics provider in the world. XPO has several large clients including Apple, Nike, Nestle, Zara, H&M, Boeing, Whirlpool, Pepsi and L’Oreal. I am long XPO.   submitted by   /u/S_CO_W_TX_bound [link]   [comments]
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  6. Your ETFs Are At Risk If US Delist Chinese Stocks (23/02/2021 - INO.com)
    At the beginning of January, the drama of delisting certain Chinese stocks controlled the headlines for a few days. Then, as we all know, other more newsworthy stories occurred, and we all forgot about the delisting of Chinese stocks due to 'national security' concerns. Several different stocks were being thrown around as possibly being delisted […] The post Your ETFs Are At Risk If US Delist Chinese Stocks appeared first on INO.com Trader's Blog.
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  7. Cabinet to soon weigh National Logistics Policy aimed at reducing elevated costs (19/08/2021 - Financial Express)
    As per the Economic Survey 2017-18, a 10% decrease in indirect logistics cost could lead to an export growth of 5-8%. It had predicted that the Indian logistics market would be around $215 billion by 2020.
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  8. ‘Only 20% small businesses offer online services, leaving market for last-mile logistics largely untapped’ (11/02/2021 - Financial Express)
    Logistics for MSMEs: Intra-city logistics providers, which usually deal with instant and on-demand delivery requirements, have a high degree of commitment to ensuring deliveries within the same day.
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  9. The pandemic was a boon to the logistics industry – Nilesh Ghule, TruckBhejo (08/09/2021 - Financial Express)
    Express Mobility speaks to Nilesh Ghule, the Co-founder and CEO of TruckBhejo to learn how the son of a truck driver became a successful entrepreneur, and what the company’s future plans are.
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  10. Mortgage forbearance plans drops below 2M for first time since last April (09/07/2021 - Seeking Alpha)

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  11. : C3.ai stock drops following earnings report (02/06/2021 - Market Watch)
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  12. “Shared logistics can help put MSMEs on recovery path with infra, operational support from large firms” (01/08/2021 - Financial Express)
    Logistics for MSMEs: For smaller logistics MSMEs, continuous cash flow is integral to ensure operations are not hampered. However, they characteristically have lesser capital as opposed to their well-established counterparts.
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  13. Tesla Falls 7% On Plans To Halt Expansion In China, ARK Innovation Drops Too (11/05/2021 - Investing.com)

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  14. Analysis-Tesla's plans for batteries, China scrutinized as Musk drops features (26/07/2021 - Investing.com)

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  15. XPO Logistics Inc. (XPO) Soars 2.43% on March 25 (26/03/2021 - Reddit Stocks)
    XPO Logistics Inc. (XPO) had a good day on the market for Thursday March 25 as shares jumped 2.43% to close at $119.33. About 646,312 shares traded hands on 12,158 trades for the day, compared with an average daily volume of n/a shares out of a total float of 102.2 million. After opening the trading day at $115.78, shares of XPO Logistics Inc. stayed within a range of $120.07 to $114.40. With today's gains, XPO Logistics Inc. now has a market cap of $12.2 billion. Shares of XPO Logistics Inc. have been trading within a range of $131.42 and $43.48 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a. XPO Logistics is a diversified trucking and logistics company. Acquisitions have contributed meaningfully to the firm's current profile. Ignoring the upcoming contract-logistics segment spin-off, roughly 62% of XPO's total gross revenue comes from transportation operations, including asset-light truck brokerage, intermodal, last mile, and global forwarding, as well as asset-based less-than-truckload shipping. Its global contract logistics division (outsourced warehousing and supply-chain services), which has a large presence in Europe, constitutes about 38% of sales.Within its transportation segment, XPO's two largest service offerings are LTL trucking (35% of segment gross revenue) and freight brokerage (27%). XPO Logistics Inc. is based out of Greenwich, CT and has some 102,000 employees. Its CEO is Bradley S. Jacobs. For a complete fundamental analysis of XPO Logistics Inc., check out Equities.com’s Stock Valuation Analysis report for XPO. XPO Logistics Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index. Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole. https://www.equities.com/news/xpo-logistics-inc-xpo-soars-2-43-on-march-25   submitted by   /u/thinkB4WeSpeak [link]   [comments]
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  16. EXFO completes going-private transaction, to delist from Nasdaq, TSX (27/08/2021 - Seeking Alpha)

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  17. Watford to delist, deregister cumulative redeemable preference shares (02/07/2021 - Seeking Alpha)

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  18. Electrolux picks XPO Logistics to provide omnichannel logistics in France (22/06/2021 - Seeking Alpha)

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  20. XPO Logistics' compliance chief added to GXO Logistics' leadership team (15/06/2021 - Seeking Alpha)

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  21. SEC threatens to delist some 270 U.S.-listed Chinese stocks in 2024 over audit oversight (14/09/2021 - Seeking Alpha)

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  22. XPO Logistics' GXO Logistics prices $800M notes offering (17/06/2021 - Seeking Alpha)

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  23. Transportation and Logistics Systems acquires Salson Logistics for $90M (21/06/2021 - Seeking Alpha)

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  24. XPO Logistics appoints Baris Oran as CFO for GXO Logistics spin-off (06/04/2021 - Seeking Alpha)

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  25. 12 OEMs receive fresh RFI for 1,700 FRCV (03/06/2021 - Financial Express)
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  26. GXO Logistics gains after breaking free of XPO Logistics (02/08/2021 - Seeking Alpha)

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  27. UPS lifts freight and logistics sector with strong earnings report (27/04/2021 - Seeking Alpha)

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  28. XPO Spinoff GXO to Go Public Aug. 2 (16/07/2021 - Reddit Stocks)
    GXO Logistics will sell shares to the public for the first time Aug. 2 on the New York Stock Exchange, executives said during an investor day presentation July 13. XPO Logistics Inc. has been working for nearly a year to spin off the global contract logistics operations into its own publicly traded company. “The spinoff will establish GXO as the largest pure play logistics company with around 5% of the $130 billion of logistics that’s currently outsourced in our key geographies,” said Malcolm Wilson, CEO of the GXO business. “We will be the second-largest contract logistics company in the world.” Wilson “GXO has a broad geographic presence that allows us to meet the needs of our global customer base,” Wilson said. “Importantly, our scale makes us one of only a handful of global players that can satisfy the logistics requirements of the world’s largest multinational companies.” Wilson said the new company can support more than 200 million square feet of warehousing space across nearly 900 locations worldwide and close to 100,000 workers. GXO was first registered with the U.S. Securities and Exchange Commission on June 9. Mark Manduca, who will become GXO’s chief investment officer, told Transport Topics the day after the presentation there was a real appreciation in the market. “The feedback so far has been extremely strong. We’re very grateful to have phenomenal investors, obviously as part of core XPO, who were extremely supportive. So feedback so far has been good.” This spinoff that’s taking place now is creating two powerhouse companies. Malcolm Wilson, CEO of GXO Manduca said the main area of debate has been the valuation. The process of determining the value of the company will take place over the next few weeks. “The opportunities for a business that has revenues of around $8 billion is phenomenal going forward,” Manduca said. He highlighted during the investor day presentation how the logistics company uses a collaborative approach, bringing together sales, implementation and technology expertise to provide solutions tailored to a customer’s current and anticipated needs. He also noted contract terms gives the company outstanding revenue visibility in the near and medium term. Some recent contracts even extend into the five- to 10-year range. The GXO executives finished the presentation focused on projected growth, cash flow, where there are scale opportunities and the benefits of having the contract logistics operations become its own company. “This spinoff that’s taking place now is creating two powerhouse companies,” Wilson said. “It allows us to implement our own optimal capital structure, investment identity, the resources, allocation of strategies.” https://www.ttnews.com/articles/xpo-spinoff-takes-major-steps-during-investor-day-presentation   submitted by   /u/thinkB4WeSpeak [link]   [comments]
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  29. COVID-19: Apple said to be planning three-day weekly ‘work from office’ for most employees, suggests leaked Tim Cook memo (03/06/2021 - Financial Express)
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  30. Logistics: Tech will help sector go places (26/07/2021 - Financial Express)
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  31. GTT Communications drops on report considering bankruptcy filing (18/02/2021 - Seeking Alpha)

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  32. Question about acquisitions (21/07/2021 - Reddit Stocks)
    This is a short question. When a company acquiers an other company, will the revenues of the both companies add up in the next financial report? Example: Company A has a revenue of $10B and wants to acquiere company B with a revenue of $3B. In the next financial report, will company A report a revenue of $13B? Basicly I want to know what happens to the financial reports of a company after it has acquierd another bussines. Thanks!   submitted by   /u/Lillgagge194 [link]   [comments]
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  33. : Uber shares fall after report that SoftBank plans to sell a third of its stake (29/07/2021 - Market Watch)
    Uber Technologies Inc. shares fell more than 4.5% in extended trading Wednesday after a report that SoftBank Group Corp. is selling about a third of its stake in the company.
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  34. Outperformers in a correction (07/09/2021 - Reddit Stocks)
    I've been trying for a while to find some information on this, but I couldn't find a proper statistic. Had a look at some individual stocks, but the results are mixed so I can't draw a final conclusion. The question is - an outperformer (market is at +5%, he is at +10/15/25%) going to harder than the market or not? Let's assume the stock is at +25% compared to SPY in the last year. If big boss Powell decides tomorrow that he wants to stop the printing money machine and the market drops, which scenario is most plausible? Scenario A - market drops 10% in the next 3 months, stocks goes from +25% to -25%, so it has a bigger drop than the market. The logic behind this scenario is the fact that the stock behind so far ahead of the market, it might be overextended/overpriced more than the rest. Scenario B - market drops 10%, stock goes from +25% to -10%, so it reaches the same level as the market. Smaller drop than Scenario A, pretty much the same logic, just that is more of a correction and a mean reversion. Scenario C - market drops 10%, stocks goes from +25% to +10%, so it remains an outperformer. Logic in this is that the stock reached +25% because it's an extremely good company and it has a fair evaluation (so it was undervalued before this run) so even if the market drops, it will remain above the market level. Feel free to add more scenarios if you have a different opinion, this was my thought process so far. Should be an interesting discussion from now on based on different POVs :)   submitted by   /u/baloleanuandrei [link]   [comments]
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  35. BSNL removes daily FUP limit on these Bharat Fiber broadband plans; existing plans revised with faster speed (26/02/2021 - Financial Express)
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  36. DHFL stock WARNING! Be careful before buying, it’s set to delist; share price hits upper circuit despite news (08/06/2021 - Financial Express)
    Dewan Housing Finance Corp Ltd (DHFL) share price hit 10 per cent upper circuit at Rs 22.85 apiece intraday on BSE, even as the debt-ridden company in an exchange filing said that its shares would be delisted.
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  37. : Affirm stock rallies after report of plans to work with Apple in Canada (04/08/2021 - Market Watch)
    An already busy week in the buy-now, pay-later (BNPL) market got even busier Tuesday after a report indicated that Apple Inc. plans to work with Affirm Holdings Inc. on an installment offering for those looking to buy various Apple devices in Canada.
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  38. Skillz drops after new short report from Wolfpack Research (08/03/2021 - Seeking Alpha)

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  39. Aterian drops after new short report from Culper Research (04/05/2021 - Seeking Alpha)

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  40. Payoneer drops after new short report from The Bear Cave (01/07/2021 - Seeking Alpha)

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  42. XL Fleet drops after new Muddy Waters new short report (03/03/2021 - Seeking Alpha)

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  43. Ebang drops after new short report from Hindenburg Research (06/04/2021 - Seeking Alpha)

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  44. Skyrocketing freight costs having detrimental impact on small and medium exporters, says report (13/06/2021 - Financial Express)
    While the Suez Canal blockage in March 2021 underscored different challenges faced by the shipping and logistics industry, SMBs particularly have been going through a more profound and widespread crisis since the onset of the Covid pandemic and the resulting economic contraction, the report noted.
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  45. NYSE to delist Medley Management stock after Medley LLC files for Chapter 11 (08/07/2021 - Seeking Alpha)

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  46. CPI Card Group to delist common stock from Toronto Stock Exchange (13/08/2021 - Seeking Alpha)

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  47. Ormat Technologies drops after Hindenburg Research short report (01/03/2021 - Seeking Alpha)

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  48. Exro Technologies drops after new short report from Mariner Research (02/03/2021 - Seeking Alpha)

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  49. Y-mabs Therapeutics drops after new short report from Mariner Research (12/03/2021 - Seeking Alpha)

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