Benzinga

APRIL 5, 2023

FedEx Consolidates Express and Other Units Under CEO Subramaniam To Save $4B In Costs, Boosts FY24 Dividend By 10% FedEx Corp (NYSE: FDX ) shared plans to bring FedEx Express , FedEx Ground , FedEx Services , and other FedEx operating companies into Federal Express Corporation , becoming a single company by June 2024.

Dividends 98

Dividends Technology Marketability 98

Benzinga

APRIL 23, 2024

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. NASDAQ: ROIC ) announced today financial and operating results for the three months ended March 31, 2024. per diluted share) FFO per diluted share guidance for 2024 reaffirmed ($1.03 - $1.09 FFO for the first quarter of 2024 was $37.9

Dividends 40

Dividends Start-ups Intangible Assets EBITDA 40

Musings on Markets

JANUARY 11, 2024

In spring 2024, I will be teaching valuation again to the MBAS, for the 59th time, and I have an identical class that I will delivering to undergraduates during the semester. In the fall of 1986, I taught a valuation class in my security analyst slot, and with no cameras in the classroom or complaints from students, no one was any wiser.

Corporate Finance 131

Corporate Finance Finance Start-ups Dividends 131

Chris Mercer

FEBRUARY 14, 2024

This second musing addresses the use of restricted stock studies to support marketability discounts in gift and estate tax appraisals prepared for the Internal Revenue Service (or for anyone, for that matter). And more than a few appraisers use these stale and tired studies to guess at marketability discounts in 2024.

Marketability 52

Marketability Dividends Appraisal Business Valuation 52

Benzinga

OCTOBER 22, 2024

22, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. NASDAQ: ROIC ) announced today financial and operating results for the three and nine months ended September 30, 2024. per diluted share) FFO per diluted share guidance for 2024 updated ($1.03 - $1.05 Included in 2024 GAAP net income is $26.7

Dividends 40

Dividends EBITDA Intangible Assets Equity 40

Benzinga

MAY 3, 2024

The Company's tier one leverage and risk-based capital ratios were 11.58% and 28.84%, respectively, and the Company is considered to be "well-capitalized" at March 31, 2024. Ratio of non-performing assets to total assets of 0.10% at March 31, 2024. million as of March 31, 2024. Total interest income was $17.99

Banking 45

Banking Marketability Treasury Dividends 45

Benzinga

OCTOBER 17, 2024

Today, Johnson & Johnson is a buy because its value, yield, and growth outlook provide a vehicle capable of market-beating returns in 2025 and over the long term. Regarding value, this healthcare stock is trading at 16x this year's earnings, less than half the historical average price multiple and well below the S&P 500 average.

Comps 52

Comps Dividends Marketability 52

Benzinga

AUGUST 2, 2024

energy operator APA Corporation (NASDAQ: APA ) reported second-quarter 2024 adjusted earnings of $1.17 Meanwhile, APA continues to reward shareholders with dividends and buybacks. The company also shelled out $92 million in dividend payments. Revenues of $2.8 billion were up 42.4% APA bought back 1.5 million shares at $28.72

Dividends 59

Dividends Marketability 59

Benzinga

JULY 17, 2024

Dallas, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. NYSE: KRO ) made the following announcements today: Acquisition of Remaining Joint Venture Interest in LPC Effective July 16, 2024, Kronos Worldwide, Inc. Kronos") has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. ("LPC")

Dividends 40

Dividends Finance EBITDA Marketability 40

Chris Mercer

MARCH 29, 2024

Introduction and Conclusion My musings on the use of restricted stock discounts to estimate marketability discounts (or DLOMs) have led me to the conclusion: Restricted stock studies/discounts cannot be used to estimate DLOMs in any credible, standards-compliant manner. Three of the first four Mercer’s Musings posts address this issue.

Marketability 52

Marketability Appraisal Business Valuation Dividends 52

Benzinga

OCTOBER 16, 2024

Based on an independent market research conducted by Syneos Health Consulting ("Syneos"), with the substantial intent in utilization for SP-102 (SEMDEXA™) with peak sales potential projected to reach $3.6 The closing of the Business Combination is expected to occur by the end of fourth quarter of 2024 or the first quarter of 2025.

Equity 45

Equity Dividends Marketability 45

Benzinga

JULY 24, 2024

July 24, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB ) ("ACNB" or the "Corporation"), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., As of June 30, 2024, Traditions had total assets of $859 million, total deposits of $738 million, and total loans of $673 million. GETTYSBURG, Pa.,

Dividends 45

Dividends Banking Marketability 45

Benzinga

DECEMBER 26, 2023

HSBC said in an exchange filing that the transaction is expected to close in the first quarter of 2024. The company is also planning to pay a special dividend of $0.21 The Canadian government has approved the acquisition. per share as a priority use of the proceeds from this sale in the. Full story available on Benzinga.com

Banking 52

Banking Dividends Equity Marketability 52

Musings on Markets

SEPTEMBER 9, 2024

In this post, I will look at three high profile companies, Intel, Starbucks and Walgreens, that have seen market turmoil and management change, and examine what the options are for the future. The Market turns With hundreds of stocks listed and traded in the market, why am I paying attention to these three?

Start-ups 109

Start-ups Marketability Market Capitalization Equity 109

Global Finance

SEPTEMBER 9, 2024

Sixty-four percent of respondents to the 2024 Corporate Debt and Treasury Report, from Herbert Smith Freehills (HSF) and the Association of Corporate Treasurers (ACT), cite a neutral to negative outlook. Corporates are hoarding cash, and that has meant a return to dividends and distributions but also more conservative cash management.

Treasury 105

Treasury Banking Finance Dividends 105

Benzinga

JULY 12, 2024

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC ), Apollo Senior Floating Rate Fund Inc. per share special payment is in addition to the previously declared pre-merger distributions which were declared on July 1, 2024, and which are listed below. Apollo Senior Floating Rate Fund Inc.

Dividends 40

Dividends Marketability 40

Musings on Markets

JANUARY 21, 2023

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at regular intervals, if for no other reason than to remind us that risk is not an abstraction, and that stocks don't always win, even in the long term. at the start of that year.

Equity 72

Equity Risk Premium Start-ups Dividends 72

Benzinga

APRIL 4, 2024

The registration statement previously filed by MFIC in connection with the Mergers (the "Registration Statement") was declared effective by the SEC on April 3, 2024. NYSE: AFT ) and Apollo Tactical Income Fund Inc. All current MFIC officers and directors will remain in their current positions.

Dividends 40

Dividends Marketability 40

Benzinga

JUNE 3, 2024

COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE: WOR ), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the closing of its planned acquisition of Hexagon Ragasco. It is fitting that we completed this.

Dividends 45

Dividends Marketability 45

Shephard Mullin M&A

MARCH 5, 2024

2022-1001-KSJM, 2024 WL 863290 (Del. 29, 2024), the Delaware Court of Chancery (McCormick, C.) Practitioners should pay close attention to the Court’s holdings here as it may vary from what some consider customary market practice. In Ap-Fonden v. Activision Blizzard, Inc. , Section 251(b) of the DGCL provides that “the board.

Dividends 52

Dividends Compliance Marketability 52

Musings on Markets

AUGUST 19, 2024

While the writing for the book was largely done by November 2022, publishing does have a long lead time, and the book, published by Penguin Random House, will be available on August 20, 2024, at a book shop near you. If you are concerned that you are going to be hit with a sales pitch for that book, far from it!

Corporate Finance 98

Corporate Finance Finance Start-ups Dividends 98

Global Finance

DECEMBER 3, 2024

in the first half of 2024. We have unified the exchange rate and liberalized the forex market, making it easier for international partners to do business here, including through public-private partnerships and outsourcing. Companies that are set up here can easily access key markets. in first half of 2024) $60.9

Start-ups 116

Start-ups Finance Dividends Marketability 116

Benzinga

OCTOBER 7, 2024

07, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. The Special Meeting is scheduled for November 6, 2024 at 8:30 a.m., Territorial shareholders of record as of August 14, 2024 are entitled to vote at or before the meeting. NASDAQ: HOPE ) ("Hope Bancorp") and related proposals. Hawai‘i Time. per share to $0.11 per share 3 $10.5

Dividends 52

Dividends Banking Book Value Technology 52

Benzinga

NOVEMBER 25, 2024

25, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide our investors with stable and growing dividend income. PRINCETON, N.J., 's President and Chief Executive Officer. "We in CAFD per share in 2027." Clearway Energy, Inc.'s

Dividends 49

Dividends Capital Structure EBITDA Finance 49

Global Finance

OCTOBER 31, 2024

Fifteen banks and three asset management firms shared 28 awards, including three newly added for 2024: Most Innovative Asset Manager, Best Bank for Overseas Branch Services, and Star of Hong Kong. Since 2021, the bank has offered a rapidly growing wealth management service connecting mainland and Hong Kong financial markets.

Banking 52

Banking Finance Technology Start-ups 52

Benzinga

SEPTEMBER 6, 2024

billion cubic feet per day (bcfd) of capacity from 2024 to 2027. WMB's Upcoming Projects: 2024-2027 The company's growth plan for the next few years focuses heavily on critical projects such as the Louisiana Energy Gateway and Southeast Supply Enhancement pipelines. natural gas market. bcfd of natural gas.

Marketability 59

Marketability Dividends 59

Benzinga

AUGUST 26, 2024

has remained unchanged for 2024 and 2025, respectively. Although the metrics indicate a decline of 9.74% in 2024, it will rebound and grow 8.7% Bancorp has made several strategic acquisitions in the last few years, which have opened up new markets for the company while fortifying its existing markets.

Banking 52

Banking Marketability Dividends 52

Benzinga

JULY 25, 2024

July 25, 2024 (GLOBE NEWSWIRE) -- ChoiceOne Financial Services, Inc. on July 24, 2024. to ChoiceOne's Form 8-K filed on July 25, 2024. This transaction will allow ChoiceOne to strengthen its presence in the suburbs of Detroit while adding the markets of Flint and Saginaw. SPARTA, Mich. and FENTON, Mich.,

Dividends 40

Dividends Banking Marketability 40

Benzinga

JULY 12, 2024

HOUSTON, July 12, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE: NX ) ("Quanex" or the "Company") today announced that shareholders of both Quanex and Tyman plc (LSE:TYMN) ("Tyman") have approved Quanex's proposed acquisition of Tyman. "On

Dividends 45

Dividends Marketability 45

Benzinga

SEPTEMBER 3, 2024

In July 2024, Prologis reported a second-quarter 2024 core FFO per share of $1.34, outpacing the Zacks Consensus Estimate by a penny. In a rising e-commerce market, companies are making immense efforts to improve supply-chain efficiencies, propelling demand for logistics infrastructure and efficient distribution networks.

Marketability 52

Marketability Dividends 52

Benzinga

AUGUST 29, 2024

29, 2024 (GLOBE NEWSWIRE) -- ARCA biopharma, Inc. Oruka") following ARCA's successful receipt of stockholder approval for all proposals related to the merger at a special meeting of stockholders on August 22, 2024. WESTMINSTER, Colo., NASDAQ: ABIO ) ("ARCA") today announced completion of the merger with Oruka Therapeutics, Inc.

Dividends 40

Dividends Banking Marketability 40

Benzinga

AUGUST 26, 2024

These updates will be implemented on Aug 30, 2024. In June 2024, the company acquired Pro-ficiency Holdings, Inc. In June 2024, the company acquired Pro-ficiency Holdings, Inc. (NASDAQ: SLP ) has streamlined its business unit and leadership structure to foster growth after recent acquisitions.

Marketability 52

Marketability Dividends 52

Benzinga

AUGUST 13, 2024

With a market capitalization of $28.61 The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 1.6% The Zacks Consensus Estimate for Brown & Brown's 2024 earnings per share indicates an increase of 30.6% The Finance sector and the Zacks S&P 500 composite have risen 7.7% Will the Bull Run Continue?

Market Capitalization 52

Market Capitalization Finance Marketability Dividends 52

Benzinga

NOVEMBER 7, 2023

Transaction Provides Financial and Strategic Benefits to All Shareholders Creates a Larger, More Scaled BDC Focused on Middle Market Direct Lending Combined Company Will Have Approximately $3.4 vi In addition, following the closing of the Merger(s), as applicable, MFIC will pay a cash dividend of $0.20

Dividends 40

Dividends Marketability Equity Market Capitalization 40

Benzinga

MARCH 28, 2024

March 28, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. ("CBNK" or "Capital") (NASDAQ: CBNK ) and Integrated Financial Holdings, Inc. ("IFH") on March 26, 2024, the implied per share purchase price, inclusive of the cash consideration, is $27.66. ROCKVILLE, Md., Based on the closing price of Capital common stock of $20.00

Banking 40

Banking Dividends Book Value Equity 40

Reynolds Holding

MARCH 18, 2024

At the meeting, the Activision Board delegated the authority to negotiate and finalize the dividend payment terms to an ad hoc board committee. Plaintiff alleged that Activision’s Board of Directors violated Section 141(c) by delegating approval of the dividend provision to an ad hoc board committee. Section 141.

Dividends 45

Dividends Marketability 45

Benzinga

SEPTEMBER 3, 2024

Based on the independent market research conducted by Syneos Health Consulting in 2020 and 2021, given the potential substantial utilization of SP-102 (SEMDEXA™), by the 5 th year of launch, sales of SEMDEXA™ in sciatica are projected to reach $1.5 03, 2024 (GLOBE NEWSWIRE) -- Semnur Pharmaceuticals, Inc. billion to $2.0

Equity 40

Equity Dividends Marketability 40