Transocean Ltd. Reports Third Quarter 2020 Results

Written by Customer Service on November 2, 2020. Posted in Public Companies.

Total contract drilling revenues were $773 million (total adjusted contract drilling revenues of $830 million), compared with $930 million in the second quarter of 2020 (total adjusted contract drilling revenues of $983 million);Revenue efficiency(1) was 96.6%, compared with 97.2% in the prior quarter;Operating and maintenance expense was $470 million, compared with $525 million in the prior period;Net income attributable to controlling interest was $359 million, $0.51 per diluted share, compared with net loss attributable to controlling interest of $497 million, $0.81 per diluted share, in the second quarter of 2020;Adjusted net loss was $69 million, $0.11 per diluted share, excluding $428 million of net favorable items. This compares with adjusted net loss of $1 million, in the previous quarter;Adjusted EBITDA was $338 million, compared...

Guggenheim Investments Announces November 2020 Closed-End Fund Distributions

Written by Customer Service on November 2, 2020. Posted in Dividend Reports And Estimates.

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:† A portion of this distribution is estimated to be a return of capital rather than income. Final determination of the character of distributions will be made at year-end. The Section 19(a) notice referenced below provides more information and can be found at www.guggenheiminvestments.com.*It is estimated that approximately 6% of GBAB’s November 2020 distribution will consist of long-term capital gains.For a current list of investment team members, please access the Fund’s website via guggenheiminvestments.com/cef.You...

Fortress Transportation and Infrastructure Investors LLC to Participate in the Stephens Annual Investment Conference

Written by Customer Service on November 2, 2020. Posted in Public Companies.

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) today announced that Joe Adams, FTAI Chief Executive Officer, will present at the Stephens Annual Investment Conference at 10:00AM (ET) on Wednesday, November 18, 2020.Interested investors may access the Company’s presentation materials posted in the Investor Relations section of the Company’s website, www.ftandi.com.About Fortress Transportation and Infrastructure Investors LLCFortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation....

Eguana Closes $1.15 Million Upsized Brokered Private Placement. Expands Cobalt Free Evolve Product Line

Written by Customer Service on November 2, 2020. Posted in Public Companies.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIESCALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (the “Company”) (TSX.V: EGT) (OTCQB: EGTYF) is pleased to announce that it has upsized and closed its previously announced brokered private placement (the “Offering”) of 1,150 limited partnership units (the “LP Units”) of the Company’s subsidiary, EGT Markets Limited Partnership (the “Partnership”), for gross proceeds of $1.15 million, to be used for product development and general working capital purposes. Fort Capital Securities Ltd. (the “Agent”) acted as the sole lead agent in connection with the Offering.The home battery market is quickly expanding as increasing amounts of residential PV installations include home batteries. Specific customer preferences are also...

Vornado Announces Third Quarter 2020 Financial Results

Written by Customer Service on November 2, 2020. Posted in Public Companies.

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) — VORNADO REALTY TRUST (NYSE: VNO) reported today:Quarter Ended September 30, 2020 Financial ResultsNET INCOME attributable to common shareholders for the quarter ended September 30, 2020 was $53,170,000, or $0.28 per diluted share, compared to $322,906,000, or $1.69 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, net loss attributable to common shareholders, as adjusted (non-GAAP) for the quarter ended September 30, 2020 was $16,613,000, or $0.09 per diluted share, and net income attributable to common shareholders, as adjusted for the quarter ended September 30, 2019 was $52,624,000, or $0.28 per diluted share.FUNDS FROM OPERATIONS (“FFO”) attributable to common...

Gulf Island Reports Third Quarter 2020 Results

Written by Customer Service on November 2, 2020. Posted in Earnings Releases And Operating Results.

Highlights of Third Quarter ResultsCompleted jacket and deck project within the Fabrication & Services DivisionNinth harbor tug delivered in October within the Shipyard DivisionClosure of Jennings facility on schedule for fourth quarter 2020Net loss of $12.3 million and EBITDA loss of $10.1 million for the third quarter 2020, reflecting impact of COVID-19 and hurricane activityHOUSTON, Nov. 02, 2020 (GLOBE NEWSWIRE) — Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI) today reported results for the third quarter 2020._________________Consolidated OverviewConsolidated revenue for the third quarter 2020 was $54.9 million, compared to $75.8 million for the third quarter 2019, with the year-over-year decrease primarily attributable to the Company’s Fabrication & Services Division....

Black Hills Corp. Reports Strong Third Quarter 2020 Results and Provides Guidance Update

Written by Customer Service on November 2, 2020. Posted in Earnings Releases And Operating Results.

Increases 2020 Earnings Guidance to $3.60 to $3.70 Per Share and Introduces 2021 GuidanceReports third quarter EPS of $0.58; strong growth compared to the third quarter of 2019Increases 2020 EPS guidance range to $3.60 to $3.70 from $3.45 to $3.65Initiates 2021 EPS guidance range of $3.75 to $3.95Increases 2020 to 2024 capital investment forecast by $239 million to $2.9 billionIncreased quarterly dividend 5.6% to $0.565 per shareRAPID CITY, S.D., Nov. 02, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2020. Net income and net income, as adjusted (non-GAAP) for the third quarter of 2020 compared to the third quarter of 2019 were:* A schedule for the GAAP to non-GAAP adjustment reconciliation is provided below.Adjusted earnings of $0.58 per share for the third quarter...

Crawford & Company Reports 2020 Third Quarter Results

Written by Customer Service on November 2, 2020. Posted in Earnings Releases And Operating Results.

ATLANTA, Nov. 02, 2020 (GLOBE NEWSWIRE) — Crawford & Company® (NYSE: CRD-A and CRD-B), the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, today announced its financial results for the third quarter ended September 30, 2020.The Company’s two classes of stock are substantially identical, except with respect to voting rights and the Company’s ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A) than on the voting Class B Common Stock (CRD-B), subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of CRD-A must receive the same type and amount of consideration as holders of CRD-B, unless different consideration is approved by the holders of 75% of CRD-A, voting...

Archrock Reports Third Quarter 2020 Results

Written by Customer Service on November 2, 2020. Posted in Earnings Releases And Operating Results.

HOUSTON, Nov. 02, 2020 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the third quarter of 2020.Third Quarter 2020 Financial Results

Navios Maritime Partners L.P. Announces the Date for the Release of Third Quarter 2020 Results, Conference Call and Webcast

Written by Customer Service on November 2, 2020. Posted in Public Companies.

MONACO, Nov. 02, 2020 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM) announced today that it will host a conference call on Thursday, November 5, 2020 at 8:30 am ET, at which time Navios Partners’ senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2020. The Company will report results for the third quarter and nine months ended September 30, 2020, prior to the conference call.A supplemental slide presentation will be available on the Navios Partners website at www.navios-mlp.com under the “Investors” section at 8:00 am ET on the day of the call.Conference Call details:Call Date/Time: Thursday, November 5, 2020 at 8:30 am ETCall Title: Navios Partners Q3 2020 Financial Results Conference...

Day: November 2, 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice