TIM S.A. Price & Performance (TIMB)

Cathay Cargo has signed new agreements with Worldwide Flight Services (WFS) for cargo handling in Dallas and Portland, strengthening its U.S. operations. The deal highlights WFS's growing presence in North America and reinforces its reputation for reliable, high-standard cargo services, supporting Cathay’s continued expansion in key U.S. gateways.1

Brazil’s TIM S.A. has approved a share restructuring involving a reverse split and subsequent split to enhance share liquidity and operational efficiency. Alongside this, the company will distribute R$2.05 billion in dividends for fiscal 2024, with payments scheduled across April, July, and October, underscoring its focus on shareholder returns.234

TIMB shares have climbed following increased analyst price targets and a boost in dividend payouts. Recent institutional investments and improved outlooks from major brokerages have contributed to the positive momentum, with the stock trading near its yearly highs and analysts forecasting further earnings growth for the telecom company.567