Year: 2023

FirstCash Reports Third Quarter Results; Net Revenues Increase 20% Driven by Growth in Pawn and AFF Segments; 104 Pawn Stores Added in the Third Quarter through Acquisitions and Store Openings; Upsizes Credit Facility and Declares Quarterly Cash Dividend

Written by Customer Service on October 26, 2023. Posted in Dividend Reports And Estimates.

FORT WORTH, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) — FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of retail pawn stores and a leading provider of retail point-of-sale (“POS”) payment solutions through American First Finance (“AFF”), today announced operating results for the three and nine month periods ended September 30, 2023. The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.35 per share, which will be paid in November 2023. Mr. Rick Wessel, chief executive officer, stated, “Our third quarter results were outstanding as strong growth and profitability metrics in the core pawn segments and AFF resulted in record earning assets, revenues and combined segment earnings. U.S. pawn has especially strong momentum, with pawn receivables...

Park Hotels & Resorts Inc. Announces Lawsuit Related to $725 Million Non-Recourse CMBS Loan Secured By Two of its San Francisco Hotels

Written by Customer Service on October 26, 2023. Posted in Public Companies.

TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), by and through its special servicer, filed a lawsuit against the borrower entities related to the cessation of payments on the Loan. In connection with the lawsuit, the trustee requested the appointment of a receiver to take control of the hotels securing the Loan – the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco. Once appointed by the court, the receiver will have complete and exclusive control and possession of the hotels and will maintain Hilton and its workforce to manage the ongoing operations at the hotels. In addition, if appointed by the court on the terms stipulated between the...

Donegal Group Inc. Announces Third Quarter and First Nine Months of 2023 Results

Written by Customer Service on October 26, 2023. Posted in Public Companies.

MARIETTA, Pa., Oct. 26, 2023 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) today reported its financial results for the third quarter and first nine months of 2023. Significant items for third quarter of 2023 (all comparisons to third quarter of 2022):Net loss of $0.8 million, or 2 cents per Class A share, compared to net loss of $10.4 million, or 33 cents per Class A share Net premiums earned increased 8.9% to $224.4 million Net premiums written1 increased 6.3% to $219.2 million Combined ratio of 104.5%, compared to 109.6%, due to lower commercial lines losses Net loss included after-tax net investment losses of $1.0 million, or 3 cents per Class A share, compared to $1.9 million, or 6 cents per Class A share Book value per share of $14.26 at September 30, 2023, compared to $14.85 Three Months...

Invesco Ltd: Form 8.3 – Restaurant group PLC/The

Written by Customer Service on October 26, 2023. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION (a) Full name of discloser: Invesco Ltd. (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Restaurant Group plc/The RTN (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable...

Amalgamated Financial Corp. Reports Third Quarter 2023 Financial Results; Stable Net Interest Margin at 3.29%, Deposit growth excluding Brokered CDs of $172.8 million

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

Common Equity Tier 1 Capital Ratio of 12.63% | Return on Average Assets of 1.12% NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) — Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced its complete financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights (on a linked quarter basis)Net income of $22.3 million, or $0.73 per diluted share, compared to $21.6 million, or $0.70 per diluted share. Core net income1 of $23.3 million, or $0.76 per diluted share, compared to $22.0 million, or $0.72 per diluted share.Deposits and LiquidityTotal deposits increased $96.2 million, or 1.4%, to $7.0 billion including a $76.6 million decline in Brokered CDs. Excluding Brokered CDs, deposits increased $172.8 million...

Ride-Hailing Market Size [2023-2030] | Industry Growth, Share, And Trends Forecast Analysis

Written by Customer Service on October 26, 2023. Posted in Mergers And Acquisitions.

Ride-Hailing Market to Generate Substantial Revenue Backed by Growing Adoption of Product in Big Cities Pune, India., Oct. 26, 2023 (GLOBE NEWSWIRE) — The global ride-hailing market size is anticipated to grow by 2028 due to increasing popularity of online cabs. This information is published by Fortune Business Insights in its report, titled “Ride-Hailing Market, 2023-2030”. The service basically connects drivers and customers using an online platform. The ride is booked through the platform and contacts of both the party are shared to facilitate the service. The streamlined structure of the service allows a hassle-free experience to the consumer and also increases the accountability of the driver. The rising popularity of the service is garnering high demand for the product. Drivers & Restraints- Increasing...

Service Robotics Market Size to Surpass USD 62.35 billion by 2030 | Fortune Business Insights

Written by Customer Service on October 26, 2023. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Service Robotics Market size is projected to grow from USD 16.35 billion in 2022 to USD 62.35 billion in 2030 at CAGR of 18.4% during forecast period. Pune, India, Oct. 26, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global Service Robotics Market size was valued at USD 16.35 billion in 2022. The market is anticipated to grow from USD 19.08 billion in 2023 to USD 62.35 billion by 2030, exhibiting a CAGR of 18.4% over the estimated period. Service robots are devices that assist people by carrying out necessary chores on their behalf. They are primarily classified as robots used for both personal and professional purposes. The expansion of the service robotics market is being driven by ongoing efforts to introduce automation at industrial facilities and lower...

Synchronous Condenser Market Size to Hit USD 753.1 Million by 2028 | Fortune Business Insights

Written by Customer Service on October 26, 2023. Posted in Mergers And Acquisitions.

Synchronous Condenser Market to Experience a Healthy CAGR of 2.6% during 2021-2028; Inflated Demand for Electricity to Fuel Market Growth: Says Fortune Business Insights™ Pune, india, Oct. 26, 2023 (GLOBE NEWSWIRE) — The global synchronous condenser market size was valued at USD 617.8 million in 2020 and is projected to grow from USD 629.3 million in 2021 to USD 753.1 million by 2028, exhibiting a CAGR of 2.6% during the forecast period. The global synchronous condenser market size is projected to witness exponential growth in the forthcoming years. As the global population increases, the demand for electricity increases. The globally rising demand and consumption of electrical energy are anticipated to be the major growth driver for the market. Fortune Business Insights™ has presented this information in an upcoming...

Battery Electrolyte Market Size, Share, Growth and Industry Trends Analysis [2023-2030]

Written by Customer Service on October 26, 2023. Posted in Mergers And Acquisitions.

Global Battery Electrolyte Market to Grow Exponentially Owing to Surge in Consumer Electronics Adoption Worldwide; Increased Share of Alternative Energy Sources for Energy Mix to Boost Global Battery Electrolyte Market: Fortune Business Insights Pune, India, Oct. 26, 2023 (GLOBE NEWSWIRE) — The global battery electrolyte market is projected to grow at high CAGR in the forecast period on account of increasing partnerships among market vendors, predicts Fortune Business Insights in their new report titled, “Battery Electrolyte Market Size, Share and Global Trend By Electrolyte Type (Liquid. Solid, Gel), By Battery Type (Lithium-ion, Lead Acid) and Geography Forecast till 2026.” In order to acquire the shares of Cleanpart Group GmbH, an agreement was signed between two companies namely, Deutsche Beteiligungs AG and Mitsubishi Chemical...

Brunswick Corporation Releases Third Quarter 2023 Earnings

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

METTAWA, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC), today, released its third quarter 2023 financial results. A complete and full-text financial results press release is available on the Company’s website at https://ir.brunswick.com. The results will also be available on the SEC’s website with the Form 8-K filing of the release at http://goo.gl/wJQN1. The Company will hold a conference call at 10 a.m. CDT/ 11 a.m. EDT, today, October 26, 2023, hosted by David M. Foulkes, chief executive officer, Ryan M. Gwillim, executive vice president and chief financial officer and Neha Clark, senior vice president, enterprise finance. A copy of the presentation to be used on this call will be available when the results are released as noted above. Security analysts and investors wishing to participate via...

Year: 2023

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