Day: December 10, 2024

Brookfield Corporation Announces Pricing of $700 Million Subordinated Notes Due 2055

Written by Customer Service on December 10, 2024. Posted in Public Companies.

BROOKFIELD, NEWS, Dec. 10, 2024 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $700 million principal amount of subordinated notes due 2055 (the “notes”). The notes will bear interest at an annual rate of 6.300% until January 15, 2035 and thereafter will be reset every five years at an annual rate equal to the five-year U.S. treasury rate, plus a spread of 2.076%; provided, that the interest rate during any five-year interest period will not reset below 6.300%. The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed, on a subordinated basis, by Brookfield. The net proceeds from the sale of the notes will be used for general corporate purposes. The offering...

New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

Written by Customer Service on December 10, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending December 31, 2024. The dividend will be payable on January 23, 2025 to common stockholders of record as of the close of business on December 20, 2024. In addition, the Board declared cash dividends on the Company’s 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series E Preferred Stock”), 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”) and 7.000% Series G Cumulative...

Priority Income Fund Announces 12.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for December 2024 through February 2025 and Declaration of Preferred Stock Distributions for December 2024

Written by Customer Service on December 10, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for December 2024, January 2025 and February 2025. The annualized total cash distribution is $1.34016 per share (12.0% annualized rate for Class R and 12.9% annualized rate for Class I), for distributions with record dates between December 10, 2024 and February 5, 2025 based on the current Class R offering price of $11.16 per common share and the current Class I offering price of $10.41 per common share. The cash “base” distribution will have monthly record dates and will be payable monthly to common stockholders of record at the close of business each month. These declared distributions equal...

Artisan Partners Asset Management Inc. Reports November 2024 Assets Under Management

Written by Customer Service on December 10, 2024. Posted in Public Companies.

MILWAUKEE, Dec. 10, 2024 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of November 30, 2024 totaled $166.8 billion. Artisan Funds and Artisan Global Funds accounted for $80.5 billion of total firm AUM, while separate accounts and other AUM1 accounted for $86.3 billion. In November, certain Artisan Funds made their annual income and capital gains distributions. November month-end AUM includes the impact of approximately $314 million of Artisan Funds distributions not reinvested.PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2 As of November 30, 2024 – ($ Millions) Growth Team Global Opportunities $ 21,296 Global Discovery 1,872 U.S. Mid-Cap Growth 13,769 U.S. Small-Cap Growth 3,359 Global...

Dave & Buster’s Reports Third Quarter 2024 Financial Results; Announces CEO Transition

Written by Customer Service on December 10, 2024. Posted in Earnings Releases And Operating Results.

DALLAS, Dec. 10, 2024 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today announced financial results for its third quarter ended November 5, 2024. Third Quarter 2024 Financial SummaryThird quarter revenue of $453.0 million decreased 3.0% from the third quarter of fiscal 2023. Comparable store sales decreased 7.7% compared to the same calendar period in fiscal 2023. Net loss totaled $32.7 million, or $(0.84) per diluted share, compared with a net loss of $5.2 million, or $(0.12) per diluted share in the third quarter of fiscal 2023. Adjusted Net loss totaled $17.5 million, or $(0.45) per diluted share, compared with an Adjusted Net income of $0.4 million, or $0.01...

Landstar Announces Special Dividend

Written by Customer Service on December 10, 2024. Posted in Dividend Reports And Estimates.

JACKSONVILLE, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 9, 2024, its Board of Directors has declared a special one-time cash dividend in the amount of $2.00 per share, payable on January 21, 2025, to stockholders of record as of the close of business on January 7, 2025. “Landstar’s strong balance sheet and free cash flow generation enable us to continue to return value to our stockholders,” said Landstar President and Chief Executive Officer Frank Lonegro. The Company purchased a total of 452,019 shares of its common stock at an aggregate cost of approximately $82.1 million during the first 11 months of its 2024 fiscal...

Avid Bioservices Reports Financial Results for Second Quarter Ended October 31, 2024

Written by Customer Service on December 10, 2024. Posted in Earnings Releases And Operating Results.

TUSTIN, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ: CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced financial results for the second quarter and six months ended October 31, 2024. Highlights from the Quarter Ended October 31, 2024: “We delivered solid results in a competitive environment, with increased revenues and backlog offset by increased costs,” stated Nick Green, president and CEO of Avid Bioservices. “We are pleased to reach the separately announced agreement with GHO and Ampersand, which will provide our stockholders with significant, immediate and certain cash value for their shares. The transaction...

GameStop Discloses Third Quarter 2024 Results

Written by Customer Service on December 10, 2024. Posted in Earnings Releases And Operating Results.

GRAPEVINE, Texas, Dec. 10, 2024 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the third quarter ended November 2, 2024. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-Q and supplemental information can be found at https://investor.gamestop.com. THIRD QUARTER OVERVIEWNet sales were $0.860 billion for the period, compared to $1.078 billion in the prior year’s third quarter. Selling, general and administrative (“SG&A”) expenses were $282.0 million for the period, compared to $296.5 million in the prior year’s third quarter. Net income was $17.4 million for the period, compared to a net loss of $3.1 million for the prior year’s third quarter. Cash, cash equivalents...

Sportsman’s Warehouse Holdings, Inc. Announces Third Quarter 2024 Financial Results

Written by Customer Service on December 10, 2024. Posted in Earnings Releases And Operating Results.

WEST JORDAN, Utah, Dec. 10, 2024 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced third quarter financial results for the thirteen and thirty-nine weeks ended November 2, 2024. “Despite a pressured consumer and complex macroeconomic environment, we focused our efforts on driving sales and achieved growth in our fishing, camping and gift bar categories during the quarter,” said Paul Stone, Sportsman’s Warehouse President and Chief Executive Officer. “We continue to make progress on our business reset initiatives with a focus on improved in-stocks, in-store and online customer experience and our Great Gear | Great Service program.” “To improve our holiday relevancy and drive traffic during the season, we introduced an omni-channel marketing...

Stitch Fix Announces First Quarter of Fiscal Year 2025 Financial Results

Written by Customer Service on December 10, 2024. Posted in Earnings Releases And Operating Results.

SAN FRANCISCO, Dec. 10, 2024 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced its financial results for the first quarter of fiscal year 2025, ended November 2, 2024. “Our fiscal year is off to a strong start. We exceeded our expectations in the first quarter on the top and bottom lines,” said Matt Baer, Chief Executive Officer, Stitch Fix. “Our clients are responding to the newness we have brought to our assortment as well as the improvements we’ve made to our client experience. This progress is a testament to the Stitch Fix team’s ongoing execution of our transformation strategy, and we continue to expect to return to revenue growth by the end of FY26.” During the first quarter of fiscal 2024, we ceased operations of our UK business and met the accounting requirements...

Day: December 10, 2024

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