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Arcos Dorados Holdings Inc., the exclusive franchisee of McDonald's in 20 Latin American and Caribbean countries, reported a quarterly EPS of $0.28, exceeding estimates. The company announced a quarterly dividend of $0.06 per share, with a yield of 2.95%. Institutional investors hold 55.91% of its stock, while analysts have recently downgraded its rating from "buy" to "hold."
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
Uber Technologies, Inc. operates in multiple regions, focusing on Mobility, Delivery, and Freight services. Institutional investors hold 80.24% of its stock, while analysts maintain a "Moderate Buy" rating, with a consensus target price of $90.89. Recent price targets from UBS and other firms reflect a range of $95.00 to $107.00.
Bitz Crypto Casino has emerged as a premier destination for crypto gambling, boasting over 3000 games, including live dealer options and a sportsbook for various sports and esports. With a user-friendly interface, robust security measures, and a wide range of deposit methods, it caters to both crypto enthusiasts and traditional players. Despite some regional restrictions, its innovative technology and enticing promotions make it a compelling choice for modern gamblers.
BetFury has partnered with PancakeSwap, transferring $750,000 in liquidity to create a $20,000 BFG-CAKE Syrup Pool and a $50,000 Trading Competition running from December 24 to January 12. The collaboration aims to enhance crypto-earning opportunities for users, featuring exclusive staking pools and rewards for new participants. With over 3 million registered users, BetFury continues to innovate in the iGaming and crypto sectors.
Curaçao's government will assume the annual investment costs of 18 million Netherlands Antilles guilders for the Curaçao Medical Center, covering loan repayments and interest previously managed by HNO Vastgoed en Beheer NV since 2019. The transfer of ownership is set for the fourth quarter of 2024, after which the hospital will be officially registered.
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arcos dorados reports earnings growth and dividend announcement amid stock fluctuations
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