The seventh Women In Industry Conference will draw over 1,100 school girls and women who are eager to explore petrochemical, construction, and IT careers.
ASX falls; ex-div property stocks tank
Save
Share
UBS increases Afterpay price target
Alex Gluyas
UBS’ historically bearish view on Afterpay has been lifted slightly, with the broker increasing its price target on the buy now, pay later giant after its launch of one-time cards which the broker said evolves its revenue model.
“The launch of one-time use cards that can be used at non-integrated merchants such as Amazon, significantly increases Afterpay’s total addressable market,” UBS analyst Tom Beadle said.
More significantly, Mr Beadle pointed to the fact that this represents an evolution to Afterpay’s revenue model from merchant fees to “affiliate marketing”.
Worley will establish a subsea tieback development scheme for the Ballymore field.
Chevron (NYSE: CVX) has awarded Worley (ASX: WOR) an engineering and procurement services contract to provide brownfield modification services for a subsea tieback to a Gulf of Mexico (GOM) deepwater production facility, Worley reported Thursday.
Worley pointed out the project will establish a subsea tieback development scheme for the Ballymore field, located in 6,581 feet (2,006 meters) of water in Block 607 of the GOM’s Mississippi Canyon area. Additionally, the firm stated that it will support the subsea and topsides designs and provide procurement services for the topsides work scope.