Ebix, Inc. (EBIX) News
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EBIX News Highlights
- For EBIX, its 30 day story count is now at 5.
- Over the past 1 day, the trend for EBIX's stories per day has been choppy and unclear. It has oscillated between 2 and 3.
- The most mentioned tickers in articles about EBIX are ARM, CR and NA.
Latest EBIX News From Around the Web
Below are the latest news stories about EBIX INC that investors may wish to consider to help them evaluate EBIX as an investment opportunity.
What Ebix Inc's Financial Struggles Mean For EbixCash And Its India IPO AmbitionsThis story was first published on the Benzinga India portal. Under the helm of Robin Raina, Ebix Inc. (NASDAQ: EBIX) has declared bankruptcy in the U.S. amidst a towering debt exceeding $600 million. This development has thrown a shadow of uncertainty over the future of the company's Indian arm, EbixCash, a notable player in the fields of forex, gift cards, and payment services. The financial turbulence of the NASDAQ-listed parent company originates from its failure to clear loans. The corporati |
EbixCash Says Parent Company’s Bankruptcy Won’t Affect OperationsWhile it's business as usual for EbixCash, it remains to seen if this will further delay the company's IPO launch. |
ADBE Stock Alert: Adobe and Figma Terminate Merger AgreementAdobe stock is up on Monday as investors in ADBE react to the company calling off its merger plans with Figma due to regulatory reasons. |
Why Is Ebix (EBIX) Stock Down 47% Today?Ebix stock is falling on Monday as investors react to the company filing for Chapter 11 bankruptcy protection to enable a stalking horse bid. |
Why Is Minerva Surgical (UTRS) Stock Down 50% Today?Minerva Surgical stock is falling hard on Monday after the women's healthcare company announced plans to delist UTRS shares. |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on MondayIt's time to start the week with a breakdown of the biggest pre-market stock movers worth keeping an eye on for Monday morning! |
Ebix Files for U.S. Bankruptcy With $400 Million Bid for North American BusinessHigher interest rates and fallout from auditing questions contribute to chapter 11 filing of the software and e-commerce services supplier. |
Ebix Files Bankruptcy After Short-Seller Attacks, Debt Woes(Bloomberg) -- Insurance software firm and short seller target Ebix Inc. filed for bankruptcy after struggling to bounce back from high interest rates and looming debt payments.Most Read from BloombergApple to Halt US Sales of Smartwatches After Patent LossApple Plans Rescue for $17 Billion Watch Business in Face of BanGulf Splits Hinder US Efforts to End Houthi Ship AttacksUS Frackers Return to Haunt OPEC’s Pricing StrategyUS Announces New Task Force to Counter Houthi Red Sea ThreatThe Johns Cr |
Ebix Reaches "Stalking Horse" Sale Agreement for Life Insurance and Annuity Business with Zinnia to Ensure Successful Recapitalization EffortsEbix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries, announced today that it has reached a "stalking horse" agreement to sell its North American Life and Annuity assets (the "NA L&A Assets") to Zinnia, an Eldridge business and leading life insurance and annuity technology and service company, as part of its efforts to strengthen its balance sheet and position |
3 Millionaire-Maker Tech Stocks That Can Turn $1 Into $1,000Tech stocks have been battered, but select oversold plays now offer huge upside potential after massive sell-offs. |