A director at Xero Limited bought 1,732 shares at 87.220USD and the significance rating of the trade was 76/100. 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 s...
First Xero Small Business Insights report for Canada reveals inflation impact on small businesses Real sales for Canadian small businesses fell by 1.7% year-over-year amid challenging economic climate Toronto, Ont., Aug. 24, 2022 (GLOBE NEWSWIRE) -- , the global small business platform, today launched its Xero Small Business Insights for Canada and the United States, which provides critical insights into what is happening in this important sector of the economy, and highlights the impact inflation is having on Canadian small businesses. Each quarter, Xero will provide small business...
The independent financial analyst theScreener just lowered the general evaluation of XERO LIMITED (NZ), active in the Software industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date January 18, 2022, the closing price wa...
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....
Bullish Outlook Intact Overall we remain bullish and we continue to believe the path of least resistance is higher for global equities (MSCI ACWI). The price uptrend is fairly steep for ACWI-US, so while this means it could correct 5-10% on a breakdown, such a pullback would likely be a buying opportunity. Furthermore, there is little that suggests a correction is imminent; we recommend riding the trend higher. · Index Overviews. The MSCI ACWI index (USD) is breaking out to all-time h...
Global Equities Dive, Testing Major Support Global equities have gone from extreme bullish sentiment and an extended market to panic and fear over coronavirus concerns. It is virtually impossible to predict what will happen regarding the virus or how much further markets could sell off as a result. Below we explain our outlook based on what we do know, which has been dampened but is not yet dire. • Indexes Testing Major Support. Major indexes are testing long-term base support and/or support...
Xero strengthens investment in Canada with Toronto office opening New office has capacity for over 200 employees with future plans to grow and develop in the region TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today announced the official opening of its new Toronto office. Following Xero’s official launch in Canada last May, the move furthers the company’s commitment to the Canadian market to help small businesses and their advisors succeed. Xero acquired to supercharge its automation capabilities, and the new office accommodates both the Xero and H...
Xero unveils deeper integrations with Microsoft Office 365, Google, HubSpot and more to solve the small business data silo From initial contact to invoice and ongoing marketing, Xero is building deeper integrations with apps that small businesses use every day, giving them a smarter way to work LONDON, Nov. 14, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today announced that it's building deeper integrations with apps that small businesses use everyday, including Google, Microsoft Office 365, HubSpot and more. The new integrations, built in-house by Xero, were identif...
New tools from Xero put profitability in the business’ hands New features unveiled at Xerocon London help small businesses manage more profitable projects, car benefits and expenses LONDON, Nov. 13, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today unveiled new features that help small businesses better understand their finances, manage projects’ profitability and complete payroll benefits faster. Xero has invested heavily in the past year to expand its small business products beyond core accounting services to help small businesses better manage their staff, operat...
Xero deepens partnership with GoCardless to help US and Canadian small businesses stay on top of their cash flow The new 'GoCardless for Xero' payment solution is designed to reduce admin time and streamline online payments by automating the payment process DENVER, Oct. 22, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today announced the expansion of its partnership with UK-based to North America. North American small businesses can now say goodbye to late payments with the GoCardless and Xero integration that uses automated clearing house (ACH) debit in the US and p...
Xero harnesses data and automation to enable global small businesses to thrive New innovation announced at Xerocon Brisbane included accelerated machine learning capabilities, new tools for small businesses and advisors to gain greater visibility into business health and more seamless workflows BRISBANE, Australia, Sept. 04, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today unveiled at Xerocon new tools that help accountants and bookkeepers tap into their clients’ rich data on the Xero platform to surface valuable new insights. Xero has accelerated its machine lear...
Xero ecosystem bolstered with Single Sign-On and advisor-powered app recommendations With more than US$1 trillion in transactions through Xero, the business doubles down on the platform with tech enhancements that firmly establish the business on a global playing field BRISBANE, Australia, Sept. 04, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today announced major new technology features and connections that make the world’s leading ecosystem for small businesses even stronger. The announcements, unveiled in front of thousands of partners at Xerocon Brisbane 2019 this...
Buoyed by outperformance in the US, the MSCI ACWI is the only broad global index that has yet to make a lower low relative to the lows set in June. This deterioration for ACWI ex-US, EAFE, and EM, continued bearish-leaning indicators, and continued downside volatility in bond yields leads us to remain cautious and concerned that global equities remain vulnerable and could be poised for additional weakness moving forward. • Additional bearish-leaning developments. In addition to the concerns ...
Xero appoints new country managers in the Americas to accelerate growth President of the Americas Tony Ward strengthens focus on US and Canadian markets through new roles on Americas leadership team DENVER, Aug. 19, 2019 (GLOBE NEWSWIRE) -- , the global small business platform, today announced the appointment of Ben Richmond to US country manager and Will Buckley to Canada country manager as part of its strategy to develop full service teams in each country. They will each be responsible for driving Xero’s growth in their regions and working with country teams to accelerate key partner ...
Fed cut, now what? The Fed's 25 bps cut and Powell's evasiveness in committing to a new easing cycle was seen as more hawkish than expected. In our opinion Powell was essentially saying the Fed will act as appropriate moving forward, and we can't blame him considering this was largely an “insurance cut†as opposed to a rescue attempt to avoid recession, and we may or may not need additional insurance moving forward. Overall the weight of the evidence supports further consolidation - i.e., n...
Xero appoints Hubdoc co-founder Jamie McDonald to lead Accounting and Global Services McDonald’s expanded role will see him continue to push Xero’s core accounting products to the next level DENVER, June 10, 2019 (GLOBE NEWSWIRE) -- Xero (), the global small business platform, has appointed Jamie McDonald as Executive General Manager Product, Accounting and Global Services. This role will see him lead the development of the core accounting tools that more than 1.8 million subscribers use every day. McDonald will also continue as co-CEO of Hubdoc, which joined the Xero family in August ...
Narrow-moat-rated Xero’s fiscal 2019 result represented its 11th consecutive year of losses but the company continues to create value via strong subscriber growth and, importantly, unit costs continue to fall. Subscriber and revenue growth remain a top priority for two reasons. First, scale creates market dominance which should strengthen the brand and may eventually help create a network effect. Second, increasing scale will lower unit costs and potentially create a cost advantage by fraction...
Narrow-moat-rated Xero’s fiscal 2019 result represented its 11th consecutive year of losses but the company continues to create value via strong subscriber growth and, importantly, unit costs continue to fall. Subscriber and revenue growth remain a top priority for two reasons. First, scale creates market dominance which should strengthen the brand and may eventually help create a network effect. Second, increasing scale will lower unit costs and potentially create a cost advantage by fraction...
Narrow-moat-rated Xero’s fiscal 2019 result represented its 11th consecutive year of losses but the company continues to create value via strong subscriber growth and, importantly, unit costs continue to fall. Subscriber and revenue growth remain a top priority for two reasons. First, scale creates market dominance which should strengthen the brand and may eventually help create a network effect. Second, increasing scale will lower unit costs and potentially create a cost advantage by fraction...
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