$31.910
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BWIN News
BWIN Events
Company Reports 6% Q3 Organic Revenue Growth, $81.6 Million Net Loss
Reports preliminary Q3 Organic revenue growth of 6% year-over-year; GAAP net loss of $81.6 million and net loss margin of 17%; Adjusted EBITDA grew 47% to $106.9 million; Adjusted EBITDA margin of 22.2%, a 240 basis point expansion compared to 19.8% in the prior-year period; Net cash provided by operating activities of $54.2 million; Adjusted free cash flow increased 33% year-over-year to $55.6 million
UBS Downgrades Baldwin Group to Neutral, Price Target Cut to $32.50
UBS analyst Brian Meredith downgraded Baldwin Group to Neutral from Buy with a price target of $32.50, down from $37, after the company announced a take-private transaction led by Sequence Holdings and Michael Dell's family office at $32.50 per share in cash.
JPMorgan Downgrades Baldwin Group to Neutral, Price Target Raised to $32
JPMorgan downgraded Baldwin Group to Neutral from Overweight with a price target of $32, up from $30. The company agreed to be acquired by Sequence Holdings and Dell Family Office Management in a take-private transaction at $32.50 per share, the analyst tells investors in a research note. JPMorgan expects the transaction to close without a new bidder emerging.
US Stocks Pull Back on AI Warnings, 10-Year Yield Surpasses 5%
The major averages, and AI-connected stocks in particular, pulled back to start the week after the CEOs of the top U.S. companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Meanwhile, the U.S. 10-year yield briefly jumped above 5% for the first time since 2023.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Anthropic CEO Dario Amodeithe rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligenceOpenAI will not go public in 2026,in remarks published on Saturday, citing safety concerns over artificial intelligencePresident Trump responded to the warnings by contending that the "only control or 'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT" and adding in a later post that "AI taking over the World, destroying Humanity, and all other things bad, is"Baldwin Groupagreed toled by Sequence Holdings and DFO Management, the family office of Michael DellOraclesaid that its co-founder and Executive Chair Larry Ellison hadup to $7.5B worth of shares2. WALL STREET CALLS:JPMorganIrento Overweight on deal momentumJPMorganMara Holdingsto Underweight on AI strategyBullishat Compass Point on exposure to tokenized equitiesHPEat Evercore ISIBairdNiketo Neutral on negative developments since earnings report3. AROUND THE WEB:GE HealthCareis in advanced talks to acquire radiopharmaceutical developer Sofie Biosciences for roughly $1B, FT saysUK banks raising funds in bid to "create new payments giant," Sky News saysHyundai Motor'sBoston Dynamics is unlikely to pursue an IPO next year, Reuters saysKimberly-Clarkis preparing concessions to address EU antitrust concerns over its roughly $40B acquisition of Kenvue, Reuters reportsAnthropic selected Nasdaqfor its potential IPO, Business Insider says4. MOVERS:Elmetgained aftera $450M committed investment from the U.S. DoWRum Groupincreased afterAnthropic entered a $13.7B compute pact with the companyTRX Goldclosed higher afterquarterly gold productionCorningfell after entering into anwith Goldman SachsHPEslipped after Evercore ISIthe stock5. EARNINGS/GUIDANCE:Hain Celestialreported, with EPS and revenue missing consensusNextEra Energybacked itsfor FY26Coda Octopusreported, with EPS and revenue higher year-over-yearRF Industriesreported Q3 results, with CEO Robert Dawson commenting the "team delivered"KeyCorpprovidedfor FY26INDEXES:The Dow fell 152.09, or 0.29%, to 52,421.20, the Nasdaq lost 146.62, or 0.56%, to 26,186.41, and the S&P 500 declined 37.00, or 0.48%, to 7,619.98.
William Blair Downgrades Baldwin Group to Market Perform
William Blair analyst Adam Klauber downgraded Baldwin Group to Market Perform from Outperform after the company announced an agreement to be taken private by an entity to be formed by Sequence Holdings and DFO Management, Michael Dell's family office, for $32.50 per share in cash. The firm expects the deal will receive required shareholder and regulatory approvals, the analyst tells investors.
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