ZIM News and Press, ZIM Integrated Shipping Services Ltd. From 03/19/24

2024-03-19 14:30:02 ET Jefferies analyst issues BUY recommendation for ZIM on March 19, 2024 01:01PM ET. The previous analyst recommendation was Buy. ZIM was trading at $9.355 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analys...

2024-03-18 22:02:00 ET ZIM Integrated (NYSE: ZIM) stock price has nosedived in the past few weeks as the momentum we saw earlier this year faded. It has also crashed as concerns about the shipping industry remain and as spot container prices dive. The stock retreated to below $10 on Mon...

2024-03-18 03:41:32 ET Summary ZIM Integrated Shipping Services reported a large net loss as well as a huge drop-off in free cash flow in FY 2023. The company suffered from a decline in shipping rates, resulting in a major revenue contraction. However, there has been a recent ...

2024-03-15 10:21:01 ET Summary ZIM Integrated Shipping Services Ltd. stock has stumbled after disappointing Q4 earnings. The company has failed to generate profits despite favorable dynamics in freight rates. ZIM Integrated's financial position is worsening every quarter, and ...

2024-03-14 12:27:56 ET More on ZIM Integrated Shipping ZIM Integrated Shipping: Downgrading To Sell On Rapidly Rising Leverage ZIM Integrated Shipping Q4 2023 Earnings Call Transcript ZIM Integrated Shipping Q4 2023 Results - Earnings Call Presentation Read...

2024-03-13 14:05:19 ET Summary ZIM Integrated Shipping stock dropped double digits following the release of fourth quarter earnings. Do not buy ZIM stock during this dip: ZIM Integrated is suffering from a steep drop in freight rates since the pandemic. Investors often overloo...

2024-03-13 13:00:36 ET More on Industrial Select Sector SPDR ETF XLI: Great Set Of Blue Chip Stocks, Sending Mixed Messages XLI: The Forgotten Industrial Sector ETF Just Hit A New All-Time High About half of S&P 500's industrial stocks hit record highs in 2024 &#...

2024-03-13 12:37:18 ET Zim Integrated Shipping Services (NYSE: ZIM) reported fourth-quarter results that were slightly above expectations, but there is no end in sight to the macro headwinds that have plagued this business. Investors were hoping for more, and Zim shares were down ne...

2024-03-13 11:43:05 ET ZIM Integrated Shipping Services Ltd. (ZIM) Q4 2023 Earnings Conference Call March 13, 2024 08:00 AM ET Company Participants Elana Holzman - Head of IR Eli Glickman - President & CEO Xavier Destriau - CFO Conference Call Participa...

2024-03-13 08:10:58 ET Summary US stocks climbed higher in February with the DJIA adding 0.4% and the S&P closing in on the 5,000-point mark. 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 ...