Day: July 1, 2025

Lotus Technology to Acquire 100% Equity Interest of Lotus Advance Technologies and Integrate All Business and Operations under Lotus Brand

Written by Customer Service on July 1, 2025. Posted in Mergers And Acquisitions.

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that Etika Automotive Sdn Bhd (“Etika”) exercised its put option on June 30, 2025, requiring us to purchase 49% of the equity interests in Lotus Advance Technologies Sdn Bhd (“Lotus UK”) held by Etika pursuant to the Put Option Agreement dated January 31, 2023 between the parties. Lotus UK is currently owned by Geely International (Hong Kong) Limited (“Geely HK”) and Etika. As announced on April 14, 2025, Geely HK exercised a similar put option granted to it by the Company. With Etika having exercised its put option, the Company is expected to acquire 100% of the equity interests of Lotus UK through non-cash transactions based on pre-agreed prices....

Horizon Bancorp, Inc. Announces Conference Call to Review Second Quarter Results on July 24

Written by Customer Service on July 1, 2025. Posted in Public Companies.

MICHIGAN CITY, Ind., July 01, 2025 (GLOBE NEWSWIRE) — (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, July 24, 2025 to review its second quarter 2025 financial results. The Company’s second quarter 2025 news release will be published after markets close on Wednesday, July 23, 2025. It will be available at investor.horizonbank.com. Participants may access the live conference call on July 24, 2025 at 7:30 a.m. CT (8:30 a.m. ET) by dialing 833-974-2379 from the United States, 866-450-4696 from Canada, or 412-317-5772 from international locations and requesting the “Horizon Bancorp Call.” Please dial in approximately 10 minutes prior to the call. A telephone replay of the call will be available approximately one hour after the end of the conference call...

Ingersoll Rand Accelerates Value Creation Through Continued M&A, Announces New Acquisition

Written by Customer Service on July 1, 2025. Posted in Mergers And Acquisitions.

Continues the company’s disciplined capital allocation strategy of targeted bolt-on acquisitions and proven ability to build trusted, proprietary partnerships with family-owned businesses Acquisition expands Ingersoll Rand competencies and capabilities in high-growth end markets Purchase made at an attractive low-double-digit multiple with expected post-synergy multiple in the mid-to-high single digitsDAVIDSON, N.C., July 01, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Termomeccanica Industrial Compressors S.p.A. (“TMIC”) and its subsidiary Adicomp S.p.A. (“Adicomp”) (collectively “TMIC/Adicomp”) with a purchase price of approximately €160 million. TMIC is an international leader in the design and production...

Guggenheim Investments Announces July 2025 Closed-End Fund Distributions

Written by Customer Service on July 1, 2025. Posted in Dividend Reports And Estimates.

NEW YORK, July 01, 2025 (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:Record Date July 15, 2025Ex-Dividend Date July 15, 2025Payable Date July 31, 2025Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172† MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573† MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821† MonthlyGUG Guggenheim Active Allocation Fund $0.11875† Monthly†...

Pennant Announces Home Health Acquisition in Southern California

Written by Customer Service on July 1, 2025. Posted in Mergers And Acquisitions.

EAGLE, Idaho, July 01, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announces the acquisition of a premier home health agency, GrandCare Health Services. The newly acquired agency, to be known as GrandCare Home Health, provides services in Los Angeles, Orange, Riverside and San Diego counties in California, and broadens Pennant’s service area in the region. “We are happy to welcome GrandCare Home Health to Pennant,” said Brent Guerisoli, Chief Executive Officer of Pennant. “This acquisition expands our ability to provide home health services to communities in the strategically important California markets where we already have a significant senior living presence. It will also strengthen our home...

Occidental to Announce Second Quarter Results Wednesday, August 6, 2025; Hold Conference Call Thursday, August 7, 2025

Written by Customer Service on July 1, 2025. Posted in Public Companies.

HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) will announce its second quarter 2025 financial results after close of market on Wednesday, August 6, 2025, and will hold a conference call to discuss the results on Thursday, August 7, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10200631/ff63fe0694. Second quarter 2025 financial results will be available through the Investor Relations section of the company’s website. A recording of the webcast will be posted on the website within several hours after the call is completed. About Occidental Occidental is an international energy company with assets...

GAMCO Expects to Report Diluted EPS for the Second Quarter 2025 of $0.89 to $0.94 Per Share

Written by Customer Service on July 1, 2025. Posted in Earnings Releases And Operating Results.

GREENWICH, Conn., July 01, 2025 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $33.3 billion at June 30, 2025 as compared to $30.7 billion at June 30, 2024. Gabelli expects to report second quarter 2025 diluted earnings in the range of $0.89 to $0.94 per share versus $0.61 per share for the second quarter of 2024. These results include the investment management services business of Keeley acquired from Teton Advisors, Inc. (OTC Pink: TETAA) on May 1, 2025. Keeley consists of four mutual funds and approximately 500 separately managed accounts (SMAs) with AUM of close to $1.0 billion. Gabelli plans to review further details with its financial results in early August. About GAMCO Investors, Inc. Gabelli (OTCQX: GAMI), established in 1977, is a widely-recognized...

ARMOUR Residential REIT, Inc. Confirms July 2025 Common Share and Q3 2025 Series C Preferred Share Dividends

Written by Customer Service on July 1, 2025. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, July 01, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the July 2025 cash dividend for the Company’s Common Stock, consistent with the previous guidance which the Company released on June 24, 2025. The Company also confirmed the Q3 2025 monthly cash dividend rate for the Company’s Series C Preferred Stock. July 2025 Common Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateJuly 2025 $0.24 July 15, 2025 July 30, 2025 Q3 2025 Series C Preferred Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateJuly 2025 $0.14583 July 15, 2025 July 28, 2025August 2025 $0.14583 August 15, 2025 August 27, 2025September 2025 $0.14583 September...

XAI Madison Equity Premium Income Fund Declares its Monthly Distribution of $0.060 per Share

Written by Customer Service on July 1, 2025. Posted in Dividend Reports And Estimates.

CHICAGO, July 01, 2025 (GLOBE NEWSWIRE) — XAI Madison Equity Premium Income Fund (the “Fund”), has declared its regular monthly distribution of $0.060 per share on the Fund’s common shares (NYSE: MCN) payable on August 1, 2025. The amount represents no change from the previous month’s distribution amount. As mentioned in previous distribution declarations, the Fund has changed its distribution frequency from quarterly to monthly, which went into effect with the April 1, 2025 declaration.Ex-Dividend Date July 15, 2025 Record Date July 15, 2025 Payable Date August 1, 2025 Amount $0.060 per share Change from Previous Month No ChangeThe following dates apply to the declaration: Common share distributions may be paid from net investment income (regular interest and dividends), capital...

Constellation Brands Reports First Quarter Fiscal 2026 Financial Results

Written by Customer Service on July 1, 2025. Posted in Earnings Releases And Operating Results.

ROCHESTER, N.Y., July 01, 2025 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its first quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Wednesday, July 2, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen-only webcast of the conference call. ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is...

Day: July 1, 2025

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