Moody's Ratings (Moody's) has affirmed WEX Inc.'s (WEX) Ba2 long-term corporate family rating (CFR) and its Ba2 backed senior secured bank credit facility rating. We also assigned a Ba2 rating to WEX's proposed $500 million senior secured term loan B and assigned a B1 rating to WEX's proposed $500 m...
A director at WEX Inc sold 3,243 shares at 152.650USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing...
Moody's Ratings (Moody's) has affirmed WEX Inc.'s (WEX) Ba2 long-term corporate family rating (CFR) and its Ba2 backed senior secured bank credit facility rating. WEX's outlook remains stable. RATINGS RATIONALE The ratings affirmation reflects the benefits of WEX's scaled and diversified portfol...
Moody's Investors Service (Moody's) has affirmed WEX Inc.'s (WEX) Ba2 long-term corporate family rating (CFR) and its Ba2 backed senior secured bank credit facility rating. WEX's outlook remains stable. RATINGS RATIONALE The ratings affirmation reflects the benefits of WEX's scaled and diversif...
The independent financial analyst theScreener just upgraded the general evaluation of WEX (US), a company active in the Business Support Services industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date January 7, 2022, the closing price was USD 155.09 and its e...
PORTLAND, Maine--(BUSINESS WIRE)-- (NYSE:WEX), a leading financial technology service provider, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the Citi 2021 Financial Technology Virtual Conference on Tuesday, November 16, 2021 at approximately 11:15 AM EST (8:15 AM PST). A webcast of the presentation will be available live on the Investor Relations section of the Company’s website, , or through the following address: . For those unable to listen to the live webcast, an audio replay will also be available on the Company’s website for approximately ...
PORTLAND, Maine--(BUSINESS WIRE)-- WEX Inc. (NYSE: WEX), a leading financial technology service provider, today reported financial results for the three months ended September 30, 2021. “We delivered impressive results in the third quarter driven by recovering customer spend patterns from the COVID impacted lows and implementation of new customer wins coming from continued success in the marketplace. Importantly, total purchase volume processed across the Company reached an all-time high of $26 billion up 93% as we continue to capitalize on these positive trends,” said Melissa Smith, WEX’s Ch...
PORTLAND, Maine--(BUSINESS WIRE)-- (NYSE: WEX), a leading financial technology service provider, today announced a reorganization of its Executive Leadership Team to better serve its customers with solutions that maximize efficiency and enable better integration across the Company’s expansive and world-class payments and tech platform. As part of the reorganization, which will be effective January 1, 2022, Robert Deshaies has been appointed Chief Operating Officer, Americas. In this newly created role, Mr. Deshaies will oversee the strategic growth of, and collaboration across, Fleet, Health...
PORTLAND, Maine--(BUSINESS WIRE)-- (NYSE: WEX), a leading financial technology service provider, today announced it will report third quarter 2021 financial results before the market opens on Thursday, October 28, 2021. From WEX, Melissa Smith, Chair and Chief Executive Officer, and Roberto Simon, Chief Financial Officer, will host a conference call that morning at 10:00 A.M. EDT to discuss the Company's results. The conference call will be webcast live online and may be accessed through the investor relations section of the WEX website, . The live conference call may also be accessed by dia...
PORTLAND, Maine--(BUSINESS WIRE)-- (NYSE:WEX), a leading financial technology service provider, today announced that its Board of Directors has extended its share repurchase program that was initiated in 2017 and was set to expire on September 30, 2021. Under the renewed repurchase program, the Company may repurchase up to $150 million worth of the company’s common stock. The repurchase program will expire on September 30, 2025, subject to earlier termination of the program by the Board of Directors. As of July 28, 2021, the Company had approximately 44.8 million shares outstanding. Repurcha...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
PORTLAND, Maine--(BUSINESS WIRE)-- WEX Inc. (NYSE: WEX), a leading financial technology service provider, today reported financial results for the three months ended June 30, 2021. “Momentum continued through the second quarter as we delivered robust revenue and earnings growth, signed new customer and renewed existing business, and more than doubled total purchase volume processed across the Company compared to last year to $21 billion. These exceptional results reflect strong execution from the WEX team, positive trends across the business and strong demand for our platform and services as ...
PORTLAND, Maine--(BUSINESS WIRE)-- (NYSE: WEX), a leading financial technology service provider, today announced it will report second quarter 2021 financial results before the market opens on Thursday, July 29, 2021. From WEX, Melissa Smith, Chair and Chief Executive Officer, and Roberto Simon, Chief Financial Officer, will host a conference call that morning at 10:00 A.M. EDT to discuss the Company's results. The conference call will be webcast live online and may be accessed through the investor relations section of the WEX website, . The live conference call may also be accessed by diali...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of WEX Inc.. Global Credit Research- 23 Jun 2021. New York, June 23, 2021-- Moody's Investors Service has completed a periodic review of the ratings of WEX Inc. and other ratings that are associated with the same analytical unit.
PORTLAND, Maine--(BUSINESS WIRE)-- (NYSE: WEX), a leading financial technology service provider, today announced that it has completed the acquisition of benefitexpress, a leading provider of highly configurable, cloud-based benefits administration technologies and services. WEX previously announced its entry into a definitive agreement to acquire benefitexpress on April 14, 2021. WEX expects the acquisition to be neutral to Adjusted Net Income in fiscal year 2021. Forward-Looking Statement Disclaimer This press release contains forward-looking statements intended to qualify for the safe h...
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