StreetInsider.com News Articles

Scotiabank Starts Block Inc. (XYZ) at Sector Perform

Wed, 02 Sep 2026 09:16:23 -0400

(Updated - September 2, 2026 9:16 AM EDT)

Scotiabank analyst Lance Jessurun initiates coverage on Block Inc. (NYSE: XYZ) with a Sector Perform rating and a price target of $82.00.

The analyst comments "We have initiated coverage on the Class A common shares of Block, Inc. with a Sector Perform rating and an $82 price target. Block enters our coverage with improving execution, a structurally lower cost base, and one of the more differentiated consumer and seller ecosystems in fintech. Q2 reinforced the operating case, with gross profit growth of 25%, a 27% adjusted operating margin, and another increase to full-year guidance.

Scotiabank Starts Block Inc. (XYZ) at Sector Perform

Wed, 02 Sep 2026 09:16:23 -0400

(Updated - September 2, 2026 9:16 AM EDT)

Scotiabank analyst Lance Jessurun initiates coverage on Block Inc. (NYSE: XYZ) with a Sector Perform rating and a price target of $82.00.

Parsons Bakery Turns to Square to Run Its Business on One Platform

Wed, 02 Sep 2026 09:00:00 -0400

The century-old South West bakery chain has selected Square for point-of-sale and payment processing to bring operations together in one place

DISTRIBUTED-WORK-MODEL/LONDON--(BUSINESS WIRE)-- Square, the global payments platform, today announced that Parsons Bakery, the South West England and Wales bakery chain, has adopted Square’s point-of-sale and payment processing across its estate.

Parsons Bakery, which operates 48 shops across 10 counties, is using Square for Restaurants Plus to run its shops day to day, alongside Square Loyalty and Square Marketing to manage customer relationships, with Square Online supporting click and collect ordering at a selection of sites.

The bakery had

Parsons Bakery Turns to Square to Run Its Business on One Platform

Wed, 02 Sep 2026 09:00:00 -0400

The century-old South West bakery chain has selected Square for point-of-sale and payment processing to bring operations together in one place

The bakery had

Block to share Cash App Score with lenders via Nova Credit partnership

Tue, 01 Sep 2026 09:01:46 -0400

Block, Inc. (NYSE: XYZ) announced it will make its Cash App Score available to external lenders for the first time, partnering with Nova Credit to distribute the cash flow-based credit signal through Nova Credit's Cash Flow Intelligence Platform.

The Cash App Score draws on first-party data from the Cash App ecosystem, including spending, saving, repayment behavior, paycheck deposits, and peer-to-peer activity. Unlike traditional credit scores, it is designed to reflect near real-time changes in a consumer's financial behavior rather than relying solely on historical credit history.

According to Block's internal data, the score approves 38% more customers at the same loss rate

Block Will Open Its Cash App Score to Lenders with Nova Credit’s Cash Flow Intelligence Platform as Partner

Tue, 01 Sep 2026 09:00:00 -0400

Cash App Score, the real-time credit signal at the center of how Block manages its consumer lending portfolio, will be distributed to lenders through Nova Credit’s Cash Flow Intelligence Platform, expanding responsible credit access without requiring consumers to link accounts or share new credentials

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)-- Block, Inc. (NYSE: XYZ) today announced that it will open the Cash App Score to external lenders for the first time, with Nova Credit as a distribution partner. The partnership will make Cash App's proprietary, cash flow-based credit score available to lenders through Nova Credit's Cash

Block Will Open Its Cash App Score to Lenders with Nova Credit’s Cash Flow Intelligence Platform as Partner

Tue, 01 Sep 2026 09:00:00 -0400

Bernstein SocGen on Block Inc. (XYZ): 'Neighborhoods scaling 10x; is it a big deal?'

Thu, 27 Aug 2026 09:32:33 -0400

Bernstein SocGen Group analyst Harshita Rawat reiterated an Outperform rating and $95.00 price target on Block Inc. (NYSE: XYZ).

The analyst commented: "Neighborhoods scaling 10x; is it a big deal? Block released an update yesterday on Neighborhoods (see link), its Cash App-Square integrated local commerce initiative, highlighting that participating seller base has scaled roughly 10x since June, adding additional 30,000 sellers as Block ramps auto-enablement. We estimate the 30k sellers may represent ~$5-10B in annualized GPV. The press release also noted some positive engagement metrics across Neighborhoods followers: top Neighborhoods’ sellers seeing 110% more transactions from followers (although unclear if those

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Square today announced that Cascadia Pizza Co., the American Crafted Wood Fired Pizza ™ brand founded in Washington state in 2015, has returned to Square as its unified commerce platform after reevaluating the platform’s evolved restaurant and franchise capabilities. What began as a single food truck has grown into a multi-format operation spanning 17 corporate restaurants, additional franchise locations, food trucks, and event

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Cascadia Pizza Co. Returns to Square to Power Its Next Chapter of National Franchise Growth

Wed, 26 Aug 2026 09:00:00 -0400

The Pacific Northwest wood-fired pizza brand spanning corporate restaurants, franchises, food trucks, and event catering has consolidated its entire operation on Square as it nationally scales

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--

Block’s Neighborhoods Adds 30,000 More Sellers as Square and Cash App Help Build Local Commerce Network

Tue, 25 Aug 2026 09:00:00 -0400

More local businesses are turning everyday transactions into repeat business, with top Neighborhoods sellers seeing 110% more transactions from followers1

DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)-- Block, Inc. (NYSE: XYZ) today announced that Neighborhoods, the experience that connects Square sellers with Cash App customers to drive discovery, repeat visits, and local growth, has added 30,000 more sellers to the network, up nearly 10x from June. The expansion marks a new phase for Neighborhoods as Square and Cash App scale a local commerce network for both sellers and customers.