In recent updates within the biotech market, CDW Corporation has been quite active. Investors across various firms continue to adjust their stake in the corporation. Notable transactions include Oddo BHF Asset Management SAS acquiring 7,200 shares and Unigestion Holding SA purchasing 155,517 shares of
CDW. Meanwhile, M&T Bank Corp and Stifel Financial Corp reduced their positions in the company. CDW recently announced the acquisition of Mission Cloud Services Inc., a leading US Amazon Web Services (AWS) partner, which demonstrated a potential growth avenue for the corporation. However, its
Q3 earnings
missed estimates and revenues fell year-on-year, which led to a decline in stock value. Despite the temporary setback and market underperformance, analysts have maintained their bullish outlook on CDW Corporation, citing their strategic acquisition and long-term investment potential. The corporation also announced its succession plan and the commencement of offers to purchase certain outstanding senior debt securities. Finally, despite a decrement in its Y/Y earnings growth, the corporation has increased its dividend to
$0.625.
Cdw Corporation CDW News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 14 Dec 2024 12:11:58 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -5
