ZIM News and Press, ZIM Integrated Shipping Services Ltd. From 04/27/24

2024-04-27 10:00:00 ET Summary ZIM's prospects remain uncertain in FY2024, with the management's underwhelming guidance pointing to an uncertain dividend payout in the near-term. Despite the initial excitement surrounding the Red Sea crisis, the Drewry's World Container Index has ...

2024-04-27 05:43:59 ET Summary GOGL is the only public pure-play capesize provider on the market - in theory, this shipping niche should suffer less than others from the imminent influx of new supply. For the 11th consecutive quarter, GOGL announced a cash dividend of $0.30 per sh...

2024-04-26 13:25:08 ET ZIM Integrated (NYSE: ZIM) stock price went through a short-squeeze on Friday as traders continued focusing on the ongoing crisis in the Middle East. It climbed by over 15% on Friday, reaching a high of $14, its highest level since February 1st. It has soared by o...

2024-04-26 13:00:23 ET More on Industrial Select Sector SPDR ETF Eclipsed: Energy, Grids, Infrastructure, And Innovation XLI ETF: Seek More Aero And Defense Exposure Defense and infrastructure improves Industrials - SSGA Boeing weighs on large-cap industrials...

2024-04-25 08:10:00 ET Summary Global stock indices continued an upward trend in March, with both U.S. and non-U.S. stocks rising by 3%. Nvidia unveils groundbreaking Blackwell chip at GTC 2024, CEO predicts AI's influence will expand across all facets of life. Portfolio chang...

2024-04-16 12:39:41 ET Summary ZIM Integrated Shipping Services is down at $10 despite higher shipping rates due to the inevitable risk of shipping rates collapsing to the 2023 lows again. The oversupply of new vessels and the potential for a ceasefire in the Red Sea could lead to...

2024-04-01 23:14:42 ET Summary ZIM Integrated Shipping Services has experienced volatility due to surging ocean freight rates following attacks in the Red Sea. The increase in prices is favorable for the company and suggests a potential dividend comeback in 2024. ZIM's stock h...

2024-03-28 10:16:32 ET Summary ZIM Integrated Shipping Services has greatly benefited from the Red Sea disruption. The company provided conservative guidance for 2024, expecting a quick resolution of the Red Sea disruption. ZIM's financial position is solid, and it is expected...

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...