ZIM News and Press, ZIM Integrated Shipping Services Ltd. From 02/15/24

2024-02-15 06:37:24 ET Worldwide shipping is undergoing some profound changes in the wake of continuous attacks by Yemen's Houthi rebels in the Red Sea. A.P. Moeller-Maersk ( OTCPK:AMKBY ), one of the biggest players in the industry, just warned customers of a deteriorating situation in...

2024-02-14 08:15:00 ET Summary Markets continued to go higher in early 2024 with the Dow adding 0.4% and the S&P remaining flat in January. Interest rates were kept steady again in a range of 5.25% to 5.5% with the market now projecting fewer hikes this year as the economy rem...

2024-02-13 11:00:25 ET Summary It is no secret that ZIM is a beneficiary of the ongoing Red Sea crisis, with the Drewry’s World Container Index already rising to $3,786 per 40ft container. We suppose part of the exuberance is warranted, with 13% of its total TEUs carried th...

2024-02-11 08:30:00 ET Summary ZIM Integrated Shipping Services investors have experienced a significant surge over the past two months, up nearly 150%. The company's fortunes have reversed after hitting peak pessimism in December 2023, demonstrating the volatility of the shipping...

2024-02-10 08:00:00 ET Fool.com contributor Parkev Tatevosian evaluates Zim Integrated Shipping Services (NYSE: ZIM) stock and forecasts where it could be by the end of 2025. *Stock prices used were the afternoon prices of Feb. 7, 2024. The video was published on Feb. 9, 2024....

2024-02-09 23:54:10 ET Summary DAC is trading at half its tangible book value despite being net debt free and having almost $50/share in earnings contracted for 2024-2025. DAC has paid down so much debt, its Enterprise Value is back to the COVID lows. Negative sentiment from a...

2024-02-09 11:58:35 ET Summary ZIM Integrated Shipping Services has the potential to generate $24 in earnings per share annually and is currently trading at a substantial discount. The company has a robust financial position with over $23 in cash per share and additional assets va...

2024-02-08 09:59:21 ET More on crude oil USO: The US Oil Fund, 4 Reasons To Buy Crude USO: OPEC Gets Wrecked By U.S. Shale Amid Poor Economic Growth U.S. Oil Production Just Hit An All-Time High: A Harbinger Of Short-Term Pain Read the full article on Seeki...

2024-02-08 08:53:33 ET More on Pre-market losers & stocks. Peraso Inc. (PRSO) Q3 2023 Earnings Call Transcript Tenax surges after patent win for heart failure therapy Peraso to raise ~$4M through underwritten public offering of shares and warrants Financi...

2024-02-08 05:59:35 ET ZIM Integrated (NYSE: ZIM) stock price plunged by more than 7% in the pre-market session after a major warning from Maersk, the second-biggest shipping company in the world. The shares crashed to a low of $12, much lower than this month’s high of $15.57. ...