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Broadridge Financial Solutions, Inc. - BR STOCK NEWS

Welcome to our dedicated news page for Broadridge Financial Solutions (Ticker: BR), a resource for investors and traders seeking the latest updates and insights on Broadridge Financial Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Broadridge Financial Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Broadridge Financial Solutions's position in the market.

News
HSBC Next Client to Go Live on Broadridge's Newly Launched Distributed Ledger Sponsored Repo Solution
Rhea-AI Summary
Broadridge Financial Solutions, Inc. (NYSE:BR) expands its network in the global repo market with HSBC going live on their sponsored repo solution built on Broadridge's DLT enabled Distributed Ledger Repo (DLR) platform. This milestone promises substantial benefits including reduced settlement costs, streamlined processes, enhanced scalability, and decreased operational risks. HSBC is the second client to go live since the launch in early October.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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News
Broadridge Declares Quarterly Dividend of $0.80 Per Share
Rhea-AI Summary
Broadridge Financial Solutions, Inc. (NYSE:BR) declares $0.80 per share quarterly cash dividend, payable on January 5, 2024, to stockholders of record on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
dividends
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News
Broadridge Expands Shareholder Disclosure Solution to UK, Australia and Hong Kong Markets
Rhea-AI Summary
Broadridge Financial Solutions, Inc. (NYSE:BR) expands its Shareholder Disclosure solution to meet regulatory requirements in the UK, Australia, and Hong Kong markets, leveraging blockchain technology and intelligent APIs for increased transparency and automation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
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none
News
Broadridge Launches Two AI-Enabled Tools to Optimize Product, Strategy and Distribution Decision Making for Asset Managers
Rhea-AI Summary
Broadridge Financial Solutions Inc. has launched DistributionAI and Global Demand Model, AI-enabled analytics tools to help asset managers optimize performance and make evidence-based decisions. DistributionAI is a digital analyst tool that provides access to global asset management market intelligence and research reports, while Global Demand Model measures and analyzes demand for asset management products using AI-driven models. These technologies aim to super-charge data analysis and provide asset managers with quicker and easier data-driven insights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
AI
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News
Morningstar Investment Management & Envestnet Team Up to Deliver Personalized IRAs
Rhea-AI Summary
Morningstar Retirement and Envestnet are partnering to launch a managed accounts service for Individual Retirement Accounts (IRA) powered by IRALOGIX. The service will offer personalized investment advice on IRAs, combining Envestnet's fund selection and model portfolio-building capabilities with Morningstar Retirement's managed accounts methodology. It will be custodied by Matrix and is expected to launch in Q1 2024. The IRA product(s) will have no minimum account size requirements, making it accessible to those with low balances.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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News
Broadridge Reports First Quarter Fiscal 2024 Results
Rhea-AI Summary
Broadridge Financial Solutions reported strong first quarter results for fiscal year 2024. Recurring revenues grew 8% (constant currency), reaching $871 million. Diluted EPS was $0.76, while adjusted EPS grew 30% to $1.09. Closed sales increased by $19 million to $48 million. The company also repurchased $150 million of shares. Broadridge reaffirmed its fiscal 2024 guidance, including 6-9% recurring revenue growth (constant currency) and 8-12% adjusted EPS growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.86%
Tags
earnings
News
Tokyo Stock Exchange CONNEQTOR Launches Direct Connection with Broadridge's Xilix Execution Management System
Rhea-AI Summary
Tokyo Stock Exchange (TSE) and Broadridge Financial Solutions have announced the launch of a direct connection between CONNEQTOR and Xilix. This connection will allow asset management companies to use CONNEQTOR directly from Xilix, providing more advanced and efficient processes. The partnership aims to enable faster and better-priced trading of ETFs for institutional investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
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Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2024 Results on November 2, 2023
Rhea-AI Summary
Broadridge Financial Solutions to release Q1 fiscal year 2024 financial results on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
earnings
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News
LTX by Broadridge Launches BondGPT+ To Empower Enterprise Financial Services Clients with Custom Generative AI Solutions
Rhea-AI Summary
LTX, a subsidiary of Broadridge Financial Solutions, launches BondGPT+, the enterprise version of its BondGPT application. BondGPT+ incorporates Broadridge's technology and OpenAI GPT-4 to answer bond-related questions and assist users in identifying corporate bonds on the LTX platform. It offers new capabilities for enterprise clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
AI
News
Broadridge Launches New Fill Matching Platform, Enabling Real-Time Reconciliation for High Volume Trading
Rhea-AI Summary
Broadridge Financial Solutions launches NYFIX Fill Matching platform for asset managers with high volume and/or high-touch orders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
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none
Stock BR logo
Broadridge Financial Solutions, Inc.

NYSE:BR

BR Rankings

#454 Ranked by Market Cap
#1193 Ranked by Stock Gains
#1551 Ranked by Dividends

BR Stock Data

22.80B
117.02M
0.64%
93.13%
0.74%
Data Processing, Hosting, and Related Services
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United States
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About BR

broadridge financial solutions, inc. is the leading provider of investor communications and technology-driven solutions for wealth management, asset management and capital markets firms. we help drive operational excellence to manage risk, accelerate growth and deliver real business value. our combination of people, technology and insights makes us an industry leader and the preferred partner for financial institutions and corporate issuers worldwide. because of our unique vantage point, working with institutions and regulators across the financial services landscape, the industry increasingly looks to broadridge to identify key industry trends, best practices and insights. looking ahead, we will deliver unique value to our clients by helping them address three disruptive trends: digitization of communications; mutualization of capabilities; and, rapidly evolving data and analytics (big data). contact us to learn more.