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Aimco Files Proxy Statement and Sets Date for Special Meeting of Stockholders to Approve Plan of Sale and Liquidation
Prnewswire· 2026-01-05 13:00
Highlights Significant Value Creation Through Orderly Sale of Remaining High-Quality Portfolio DENVER, Jan. 5, 2026 /PRNewswire/ -- Apartment Investment and Management Company ("Aimco") (NYSE: AIV) today announced it has filed a definitive proxy statement (the "Definitive Proxy") with the U.S. Securities and Exchange Commission (the "SEC") related to a special stockholder meeting (the "Special Stockholder Meeting") to approve the Company's "Plan of Sale and Liquidation." As disclosed in the Definitive Prox ...
BMO Financial Group to Host Investor Day
Prnewswire· 2026-01-05 13:00
TORONTO, Jan. 5, 2026 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) will host an all-bank Investor Day in Toronto on Thursday, March26, 2026. The event will feature presentations from Darryl White, Chief Executive Officer, and members of BMO's senior executive leadership team. The live webcast and presentation slides will be posted on the day of the event at https://www.bmo.com/en-ca/main/about-bmo/banking/investor-relations/home/  Registration details, agenda and speaker information will be pr ...
Generac Expands Its Commercial & Industrial Manufacturing Footprint with New Facility in Sussex, Wisconsin
Prnewswire· 2026-01-05 12:50
Core Insights - Global demand for data center capacity is projected to more than triple by 2030, creating unprecedented demand for reliable and scalable power solutions [1] - Generac is positioned to capitalize on this opportunity, aiming to double sales of Commercial & Industrial (C&I) products in the next three to five years [1] - The company has expanded its product portfolio to include large-megawatt generators, facilitating entry into the growing data center market [1] - Generac's order backlog has doubled due to increased customer interest from the data center sector [1] - The new manufacturing facility in Sussex will enhance Generac's capacity to serve various sectors, including healthcare and heavy industrial plants [1] Company Overview - Generac Holdings, Inc. is a total energy solutions company founded in 1959, specializing in power generation equipment and energy technology solutions [3] - The company operates nine manufacturing facilities internationally, including locations in Mexico, Europe, Asia, and South America [2] - Generac aims to lead the evolution towards more resilient, efficient, and sustainable energy solutions [3] Employment Impact - The new manufacturing facility is expected to create over 100 new manufacturing positions upon its opening in the fourth quarter of 2026 [2]
EchoStar Corporation Announces Additional Conversion Period for 3.875% Convertible Senior Secured Notes Due 2030
Prnewswire· 2026-01-05 12:30
Core Viewpoint - EchoStar Corporation has announced that its 3.875% Convertible Senior Secured Notes due 2030 are now convertible, allowing holders to convert them into cash, shares of common stock, or a combination thereof, from January 1, 2026, to March 31, 2026 [1] Group 1 - The conversion of the Notes was triggered because the last reported sale price of the Company's common stock exceeded 130% of the conversion price for at least 20 trading days during a 30-day period ending December 31, 2025 [2] - The conversion rate is set at 29.73507 shares of common stock per $1,000 principal amount of Notes, equating to a conversion price of approximately $33.63 per share [3] - Holders can surrender their Notes for conversion in principal amounts of at least $1.00 or in integral multiples of $1.00 above that amount [3] Group 2 - The Company has issued a notice to holders detailing the terms, conditions, and procedures for the Conversion Option, which can be accessed through The Depository Trust Company or requested from The Bank of New York Mellon Trust Company, N.A. [4] - The Company and its Board of Directors have not made any recommendations regarding the exercise of the Conversion Option [4] Group 3 - EchoStar Corporation is a leading provider of technology, networking services, television entertainment, and connectivity solutions globally, operating under various brands including EchoStar®, Boost Mobile®, Sling TV, and others [6]
BTQ Technologies Appoints Lionel de Saint-Exupéry to Board of Directors and as Chair of Audit Committee
Prnewswire· 2026-01-05 12:30
Core Viewpoint - BTQ Technologies Corp. has appointed Lionel de Saint-Exupéry to its Board of Directors, where he will serve as Chair of the Audit Committee, enhancing the company's leadership as it scales its quantum security platforms [1][5]. Group 1: Appointment and Background - Lionel de Saint-Exupéry is the Executive Chairman of Saintex Capital Management, focusing on long-term capital management across various markets, including venture capital and private equity [2]. - He previously served as Vice Chairman of KGI Financial Holdings, which has a market capitalization of approximately US$10 billion, and was CEO of its investment arm, CDIB Capital Group [2][3]. - His tenure at KGI saw total assets grow from approximately US$8 billion in 2006 to US$125 billion today, driven by initiatives in leadership development, capital reallocation, and digitization [3]. Group 2: Professional Experience - Prior to his roles at KGI and CDIB, de Saint-Exupéry was a senior banker at Lehman Brothers, involved in over US$45 billion of transactions in mergers and acquisitions, as well as equity and debt capital markets [4]. - His career began in the Global M&A practice of Booz-Allen & Hamilton, with experience across various sectors including financial services, technology, and industrials [4]. Group 3: Strategic Importance - The CEO of BTQ Technologies emphasized that de Saint-Exupéry's expertise in global capital markets and complex financial institutions will be crucial as the company expands its quantum and post-quantum security platforms [5]. - De Saint-Exupéry expressed his commitment to supporting disciplined growth and high standards of financial stewardship as BTQ continues to execute its strategy in the quantum technology space [5]. Group 4: Company Overview - BTQ Technologies Corp. is a vertically integrated quantum company focused on transitioning from classical networks to the quantum internet, backed by a broad patent portfolio [6]. - The company offers a full-stack quantum computing platform, including hardware, middleware, and post-quantum security solutions for various sectors such as finance and telecommunications [6].
Topgolf Callaway Brands Completes Sale of Majority Stake of Topgolf to Leonard Green & Partners
Prnewswire· 2026-01-05 12:30
Core Viewpoint - The company has successfully completed the sale of a 60% stake in its Topgolf and Toptracer businesses for approximately $1.1 billion, which will enhance its financial position and allow for strategic initiatives such as debt repayment and stock repurchase [1][5]. Group 1: Financial Transactions - The company received approximately $800 million in cash proceeds from the sale, net of working capital adjustments and transaction expenses [1]. - Following the sale, the company repaid $1 billion of outstanding borrowings under its term loan B facility [2]. - After the repayment, the company has approximately $480 million in outstanding debt and $680 million in unrestricted cash and cash equivalents [3]. Group 2: Stock Repurchase Program - The company's Board of Directors has authorized a new stock repurchase program of up to $200 million, which will be executed based on market conditions and other factors [4]. - The repurchase program replaces any unused portion of the prior stock repurchase program and does not require the company to acquire a specific number of shares [4]. Group 3: Corporate Changes - The company plans to change its corporate name back to "Callaway Golf Company" and will change its ticker symbol to "CALY" effective on or about January 16, 2026 [5].
Greenway Reports 2025 Year In Review
Prnewswire· 2026-01-05 12:30
A year of Execution, Foundation Building, and International ExpansionKINGSVILLE, ON, Jan. 5, 2026 /PRNewswire/ - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) ("Greenway" or the "Company"), a cultivator of high-quality greenhouse cannabis for the Canadian market, is pleased to provide a review of its operational and strategic progress throughout 2025, a year defined by disciplined execution, continued efficiency gains, and the successful launch of the Company's international wholesale ...
CME Group Reports Record Annual ADV of 28.1 Million Contracts in 2025, Up 6% Year Over Year
Prnewswire· 2026-01-05 12:30
Core Insights - CME Group reported record average daily volume (ADV) of 28.1 million contracts for the full year 2025, a 6% increase from 2024 [1] - Q4 2025 ADV reached a record 27.4 million contracts, while December ADV also set a record at 23.5 million contracts [1] Full-Year 2025 Highlights - Record annual ADV was achieved across various asset classes including interest rate, energy, agricultural, metals, and cryptocurrency products [2] - U.S. Treasury and SOFR complexes also saw record annual ADV [2] - International ADV increased by 8% to a record 8.4 million contracts, with notable growth in EMEA and APAC regions [3] Q4 2025 Highlights - Interest Rate ADV increased by 4% to a record 14.2 million contracts [3] - Equity Index ADV rose by 22% to 7.7 million contracts, with Micro E-mini Nasdaq 100 futures ADV increasing by 41% [3] - Energy ADV reached 2.5 million contracts, while Agricultural ADV increased by 2% to 1.8 million contracts [3] December 2025 Highlights - December saw record ADV in Metals at 1.3 million contracts, with Micro Gold futures ADV increasing by 312% to 449,000 contracts [6] - Cryptocurrency ADV reached a record of 339,000 contracts in December, representing a notional value of $9.4 billion [6] - BrokerTec U.S. Repo average daily notional value increased by 14% to $386 billion [6]
Maritime Launch Appoints Melissa Quinn as Vice President of Spaceport Operations to Support Canada's Orbital Launch Readiness at Spaceport Nova Scotia
Prnewswire· 2026-01-05 12:15
Core Viewpoint - Maritime Launch Services Inc. has appointed Melissa Quinn as Vice President of Spaceport Operations to lead the development and operational readiness of Spaceport Nova Scotia, Canada's first orbital launch site [1][2]. Group 1: Leadership Appointment - Melissa Quinn joins Maritime Launch from MDA Space, bringing over a decade of experience in international spaceport and commercial space leadership [2]. - She will oversee the build-out of the spaceport operations team and ensure readiness for safe and sustainable orbital launches [2][5]. Group 2: Experience and Background - Quinn previously served as Head of Spaceport at Spaceport Cornwall, where she led the UK's first licensed orbital launch attempt and secured the first-ever UK spaceport license [3]. - She is recognized for her ability to build multidisciplinary teams and align various stakeholders around safe launch operations [4]. Group 3: Vision for Spaceport Nova Scotia - Quinn aims to apply rigorous safety standards and sustainability practices at Spaceport Nova Scotia, emphasizing community engagement [6]. - The spaceport is designed as a dual-use facility to support both commercial and government missions, contributing to Canada's space and defense objectives [7][8]. Group 4: Company Overview - Maritime Launch Services is a Canadian-owned commercial space company based in Nova Scotia, developing Spaceport Nova Scotia to provide satellite launch services to both domestic and international clients [8][9].
USANA Executive Chairman Kevin Guest Shares Timeless Lessons for a 2026 Growth Mindset
Prnewswire· 2026-01-05 12:13
Core Insights - Kevin Guest, Executive Chairman of USANA Health Sciences, emphasizes the importance of a growth mindset for achieving lasting success and fulfillment in both professional and personal realms [1][2] Company Overview - USANA Health Sciences is a billion-dollar global nutritional company based in Salt Lake City, operating in 25 countries since its founding in 1992 [5][6] - The company focuses on health and wellness products and emphasizes social wellness as a key component of its business strategy [6] Leadership Principles - Guest identifies four key traits for building a growth mindset: resilience to navigate setbacks, curiosity to keep learning, purpose to fuel meaningful action, and awareness to identify opportunities and risks [7] - He suggests four strategies for enhancing one's mindset: finding inspiring mentors, practicing positive self-talk, seeking ways to serve others, and trusting intuition for decision-making [8] Social Responsibility - Proceeds from Guest's book, "All the Right Reasons," benefit the USANA Foundation, which has provided over 112 million meals to hungry children, highlighting the company's commitment to purposeful growth and social impact [3]