Month: January 2025

Constellation Brands Announces Revised Date to Report Third Quarter Fiscal 2025 Financial Results; Host Conference Call January 10, 2025

Written by Customer Service on January 2, 2025. Posted in Earnings Releases And Operating Results.

Rescheduled from Thursday, January 9, 2025 in Observance of National Day of Mourning for Former President Jimmy Carter ROCHESTER, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today a revised date to report its financial results for its third quarter ended November 30, 2024, of Friday, January 10, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, at 10:30 a.m. ET, January 10, 2025. The company has rescheduled its conference call from the previously announced date of Thursday, January 9, 2025 in observance of the declared national day of mourning for former...

New sawmill in Maine

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

SAINT JOHN, New Brunswick, Jan. 02, 2025 (GLOBE NEWSWIRE) — Irving Forest Products, which owns and operates wood processing facilities in Maine and New York State, will acquire the Masardis Sawmill in Masardis, Maine. The sale will close January 5, 2025. Previously owned by Groupe Lebel, the Masardis operation has a long history of producing random-length spruce and fir lumber. It currently employs 80 people and has the capacity to produce 115 million board feet annually. The sawmill is located within close proximity to Irving’s 1.3 million acres of timberlands in Maine. “We are excited to grow our lumber production capacity in the state of Maine,” said Jerome Pelletier, VP of Irving Forest Products. “The Masardis mill is well-located to access high-quality timber. It is also serviced by the Maine Northern Railway and benefits...

Pennant Completes Acquisition of Signature Healthcare at Home Assets

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

EAGLE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, and senior living companies, today announced that it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home (“Signature”). Pennant completed its purchase of Signature’s Idaho and Washington assets on August 1, 2024 and its purchase of certain of Signature’s Oregon assets on January 1, 2025, thus concluding the full two-stage acquisition as previously announced. The Oregon assets include seven locations across the state, adding to Pennant’s existing presence in Portland and Grant’s Pass. “We are delighted to welcome these operations to the Pennant fold,” said Brent Guerisoli, Pennant’s Chief Executive Officer. “This is a substantial purchase...

GAMCO Expects to Report Diluted EPS for the Fourth Quarter 2024 of $0.65 to $0.71 Per Share and 2024 Diluted EPS of $2.59 to $2.65 Per Share

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

GREENWICH, Conn., Jan. 02, 2025 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $31.7 billion at December 31, 2024 as compared to $31.1 billion at December 31, 2023. The 2023 AUM included $620 million of SICAV AUM that were subsequently reclassified in January 2024 as assets under administration. GAMI expects to report fourth quarter 2024 diluted earnings in the range of $0.65 to $0.71 per share versus $0.66 per share for the fourth quarter of 2023. GAMI expects to report 2024 diluted earnings in the range of $2.59 to $2.65 per share versus $2.38 per share for 2023. GAMI will be issuing further details on its financial results in early February. About GAMCO Investors, Inc. GAMI is known for its research-driven value approach to equity investing (known as...

ARMOUR Residential REIT, Inc. Confirms January 2025 Common Share and Series C Preferred Share Dividends

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, Jan. 02, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the January 2025 cash dividend for the Company’s Common Stock, consistent with the previous guidance which the Company released on December 26, 2024. The Company also confirmed the Q1 2025 monthly cash dividend rate for the Company’s Series C Preferred Stock. January 2025 Common Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateJanuary 2025 $0.24 January 15, 2025 January 30, 2025 Q1 2025 Series C Preferred Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateJanuary 2025 $0.14583 January 15, 2025 January 27, 2025February 2025 $0.14583 February 15, 2025 February...

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

CHICAGO, Jan. 02, 2025 (GLOBE NEWSWIRE) — XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share of the Trust’s common shares (NYSE: XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust’s 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The following dates apply to each declaration:Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous DeclarationXFLT January 16, 2025 January 16, 2025 February 3, 2025 $0.077 No ChangeXFLTPRA January 15, 2025 January 15, 2025 January 31, 2025 $0.40625 No Change1_______________________________1 The Trust’s 6.50% Series 2026 Term Preferred Shares dividend is calculated based on the preferred shares Liquidation Preference...

Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Company

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

LA JOLLA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the completion of the Company’s acquisition of First Indemnity of America Insurance Company (“FIA”), effective January 1, 2025. “I am very excited to announce the completion of our acquisition of FIA and to welcome FIA’s management team, employees and insureds to Palomar,” commented Mac Armstrong, Palomar’s Chairman and Chief Executive Officer. “This transaction provides us entry into the Surety market, a highly profitable line of business with a healthy growth profile. FIA’s leaders are industry veterans with decades of underwriting and claims experience who have delivered loss ratios that have outperformed the broader surety market over the past five years.” Mr. Armstrong added, “Expanding into...

Alpine Income Property Trust Announces Acquisition of Lowe’s Home Improvement

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

Full Year Investment Activity Reached $134.7 Million; Dispositions Totaled $75.6 Million WINTER PARK, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced the acquisition of a property leased to Lowe’s Home Improvement, and updated fourth quarter and full year 2024 investment and disposition activity. 2024 Investment Activity Completed a $22.5 million purchase of a single-tenant property leased to Lowe’s Home Improvement located in Knoxville, TN in December 2024. The lease has approximately 13 years of remaining term. Lowe’s (S&P rating: BBB+) is now the Company’s second largest tenant based on annual base rent (“ABR”) after Dick’s Sporting Goods (S&P rating: BBB). Full...

SPS Commerce to Acquire Carbon6 Technologies

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

Acquisition builds on the company’s revenue recovery portfolio with increased support for Amazon sellers Company to host conference call today at 5:00 p.m. ET MINNEAPOLIS, Jan. 02, 2025 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that it has reached an agreement to acquire Carbon6 Technologies, Inc. (Carbon6), a provider of software tools to Amazon sellers, including specialized offerings for revenue recovery for both first-party (1P) and third-party (3P) suppliers. The transaction is subject to customary closing conditions, including any necessary regulatory approvals. Whether selling to Amazon as a first-party seller or through Amazon’s marketplace as a third-party seller, there are specific supply chain processes suppliers must adopt to maximize revenue...

Lifecore Biomedical Reports Second Quarter Fiscal 2025 Financial Results and Provides Corporate Update

Written by Customer Service on January 2, 2025. Posted in Earnings Releases And Operating Results.

— Recorded Revenues of $32.6 Million for Q2 Fiscal 2025 — — Signed Multiple Development Agreements with New Customers — — Strengthened Balance Sheet with Financing Raising Approximately $24.3 Million, and Favorable Restructuring of Credit Facility with BMO — Conference Call Today at 4:30pm ET CHASKA, Minn., Jan. 02, 2025 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced its financial results for the second quarter of fiscal 2025. Highlights from Second Quarter of Fiscal 2025: “The second quarter was a very productive time at Lifecore. Our achievements during the period spanned finance, operations and business development, all of which supported our overall growth strategy....

Month: January 2025

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals