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Zacks Initiates Coverage of Crown Crafts With Neutral Recommendation
ZACKS· 2024-07-11 14:20
Zacks Investment Research has recently initiated coverage of Crown Crafts, Inc. (CRWS) , assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the infant, toddler, and juvenile products space despite industry challenges. Crown Crafts, headquartered in Gonzales, LA, has carved a niche in the infant, toddler, and juvenile products segment through its subsidiaries, including NoJo Baby & Kids, Inc., Sass ...
Crown LNG Holding AS Announces Completion of Business Combination with Catcha Investment Corp
GlobeNewswire News Room· 2024-07-09 20:17
Core Viewpoint - The business combination between Crown LNG and Catcha Investment Corp aims to enhance Crown LNG's ability to provide stable and secure LNG supplies to markets facing harsh weather conditions, with shares set to trade on Nasdaq starting July 9, 2024 under the ticker symbols "CGBS" and "CGBSW" [1][2][16]. Company Overview - Crown LNG is focused on two critical segments of the LNG value chain: liquefaction and regasification, enabling year-round LNG supplies to growing markets while aiming to reduce carbon emissions by replacing coal with LNG [3][12]. - The company plans to operate offshore LNG terminals in locations where onshore facilities are not feasible, utilizing a bottom-fixed, gravity-based structure design to lower costs and environmental impact [8][12]. Leadership and Management - The senior management team of Crown LNG will remain in place post-combination, including CEO Swapan Kataria and CFO Jorn S. Husemoen, ensuring continuity in leadership [5][19]. - The board of directors for the newly formed entity will include key figures from both Crown and Catcha, reflecting a blend of expertise [20]. Strategic Goals - The capital raised from the business combination will support Crown's diversified project pipeline in various global markets, including India, the UK, Vietnam, and Canada [4][19]. - Crown LNG is advancing two significant projects, Kakinada in India and Grangemouth in Scotland, towards final investment decisions [18]. Market Position - The combined entity is positioned to capitalize on the growing LNG market, driven by rising energy security concerns and the increasing role of natural gas as a transition fuel [19].
Crown Castle: Value Trap?
Seeking Alpha· 2024-07-02 11:00
AlexSecret American Tower (AMT) was the first public company to convert from a C-Corp to REIT (2011) and later Crown Castle (NYSE:CCI) – in 2014 – and SBA Communications (SBAC) – in 2 Also, over the last two years, CCI has underperformed: CCI has underperformed over six months: Given the underperformance with CCI, I thought that it would be a great time to take a deep look at the REIT to consider whether or not to allocate more capital to the name. CCI IR Small Cell North America accounts for 30% of expecte ...
GREAT TASTE IS FOREVER! SEAGRAM'S 7 CROWN AMERICAN BLENDED WHISKEY CELEBRATES 'TIMELESS TASTE' IN NEW AD CAMPAIGN
Prnewswire· 2024-07-01 16:26
Seagram's 7 Crown knows what's old is new, and great taste is forever. As part of the 'Timeless Taste' campaign, the brand is reimagining some of its best ads from the past that celebrate the longstanding appeal of quintessential pastimes like BBQ, tailgating and more. Throughout the summer and the rest of the year, these spots will roll out across digital and social media to coincide with the seasonality of these key occasions. Speaking of the brand's signature serve, as America's favorite couple, the 7&7 ...
Crown Castle: Mr. Market Is Wrong About This One
Seeking Alpha· 2024-07-01 08:32
Looking through the bad As an example, we need only look at financial performance covering the most recent quarter, which would be the first quarter of the company's 2024 fiscal year. My prior article about the business covered all recent timeframes leading up to that point. During the first quarter, the company generated revenue of $1.64 billion. This was For starters, the newest update involves the revelation that changes, both delay-caused ones and changes in contracts with existing clients, will result ...
Crown Crafts Announces Financial Results for Fourth Quarter and Full Year Fiscal 2024
GlobeNewswire News Room· 2024-06-28 10:54
GONZALES, La., June 28, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the "Company") today reported results for the fourth quarter and fiscal year 2024, which ended March 31, 2024. Fourth Quarter Summary Net sales of $22.6 million, compared to $21.6 million in the prior-year quarter Gross margin of 23.2% versus 21.9% in the fourth quarter of fiscal 2023 Net income of $1.0 million, or $0.10 per diluted share Declared quarterly dividend of $0.08 per share of Series A common stock Fiscal Year ...
CROWN HOLDINGS SCHEDULES SECOND QUARTER 2024 EARNINGS CONFERENCE CALL
Prnewswire· 2024-06-25 14:56
The dial-in numbers for the conference call are (630) 395-0194 or toll-free (888) 324-8108 and the access password is "packaging". A replay of the conference call will be available for a one-week period ending at midnight on July 30, 2024. The telephone numbers for the replay are (203) 369-3998 or toll free (800) 876- 5258. A live webcast of the call will be made available to the public on the internet at the Company's website, www.crowncork.com. For more information, contact Corporate Communications at (21 ...
Did Amazon Just Crown Nvidia as King of Artificial Intelligence?
The Motley Fool· 2024-06-25 08:37
Group 1 - John Mackey, former CEO of Whole Foods Market, is a member of The Motley Fool's board of directors [1] - Parkev Tatevosian, CFA, has no position in any of the stocks mentioned [1] - The Motley Fool has positions in and recommends Amazon and Nvidia [1] Group 2 - Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services [2] - His opinions remain his own and are unaffected by The Motley Fool [2]
Crown Crafts to Announce Fourth Quarter and Full Year Fiscal 2024 Results on June 28, 2024
GlobeNewswire News Room· 2024-06-21 23:15
GONZALES, La., June 21, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today announced that it intends to release the results of its operations for the fourth quarter and full year of fiscal 2024 before the market opens on Friday, June 28, 2024. Olivia W. Elliott, President and Chief Executive Officer and Craig J. Demarest, Vice President and Chief Financial Officer, will host a teleconference at 8:00 a.m. Central Daylight Time on that day to discuss the Company's results and answ ...
Crown88, Asia's Premier Gaming Provider Collaborates with Taiwanese Influencer Avis in Expansion Endeavors
Newsfile· 2024-06-20 10:00
Crown88, Asia's Premier Gaming Provider Collaborates with Taiwanese Influencer Avis in Expansion Endeavors To stay updated on this exciting partnership and future developments, follow Avis and Crown88 on their respective social media platforms. Expressing his enthusiasm about the collaboration, Avis shares his excitement for leveraging Crown88's platform to engage and entertain his audience in novel ways: "Collaborating with Crown88 opens up exciting possibilities to create engaging content for my followers ...