|Bid||3.690 x 0|
|Ask||3.700 x 0|
|Day's Range||3.660 - 3.800|
|52 Week Range||2.500 - 4.080|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||15.72|
|Forward Dividend & Yield||0.06 (1.47%)|
|Ex-Dividend Date||Jul 08, 2020|
|1y Target Est||5.52|
The European Commission has approved a €4 billion ($4.7 billion) recapitalization of Air France-KLM that could see the French state double its stake in the carrier, which has been hammered by the unprecedented collapse in global travel during the COVID-19 pandemic. France, which already holds a 14.3% stake in Air France-KLM, will convert €3 billion in loans it gave to the airline last year into hybrid debt and take part in a planned additional capital raise for up to €1 billion, the airline said on Tuesday. As a result, the French government’s shareholding could rise to 30%, making it Air France-KLM’s single largest investor, French finance minister Bruno Le Maire told France Inter radio on Tuesday morning.
Today UATP announced that the US Patent and Trademark Office indicated it will grant a patent for UATP's technology underlying Ceptor, UATP's in-house built Alternative Forms of Payment (AFP) processing solution. Ceptor was built to allow UATP Merchants to connect easily to AFPs offered by UATP without incurring significant integration costs.
UATP is proud to announce its new partnership with Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, to begin offering full payment service provider (PSP) services. As part of its ongoing effort to expand its offerings to airlines, UATP partnered with Nuvei to help airlines optimize payment processing, enrich the client experience and help lower transaction costs.