Crown Holdings(CCK)
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These Analysts Raise Their Forecasts On Crown Castle After Q2 Results
Benzinga· 2024-07-18 13:01
Crown Castle Inc. CCI posted weak results for its second quarter on Wednesday. TD Cowen analyst Gregory Williams maintained Crown Castle with a Buy rating and raised the price target from $124 to $127. B of A Securities analyst David Barden maintained the stock with a Neutral rating, while raising the price target from $105 to $110. "Our second quarter results demonstrated the durability and consistency of Crown Castle's business, and we remain on track to deliver our full year outlook for organic revenue g ...
Silver Crown Royalties Receives Conditional Approval to Trade on Cboe
GlobeNewswire News Room· 2024-07-18 07:00
TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Silver Crown Royalties Inc. ("Silver Crown", "SCRi", the "Corporation", or the "Company") is pleased to announce that the Cboe Canada Inc. stock exchange ("Cboe Canada") has granted conditional approval of the Company's listing application and that the common shares of the Company will be listed and commence trading on Cboe Canada at the open of the market on Thursday, July 25, 2024. ABOUT CBOE CANADA Cboe Canada is part of the Cboe Global Markets network, leveragi ...
Crown Castle Reports Second Quarter 2024 Results and Maintains Outlook for Full Year 2024
GlobeNewswire News Room· 2024-07-17 20:07
HOUSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2024 and maintained its full year 2024 outlook, as reflected in the table below. | --- | --- | --- | --- | |-------------------------------------------------|-------------------------------------|------------------------|-------------------| | (dollars in millions, except per share amounts) | Current Full Year 2024 Outlook(a) | Full Year 2023 Actual | Change ...
Global Consumer Packaged Goods Market Expected to Reach $244 Billion as a Result of Higher Consumption by Consumers
Newsfilter· 2024-07-17 12:30
PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- - FinancialNewsMedia.com News Commentary - The consumer packaged goods (CPG) market is projected to grow at a significant rate due to the rising population rate and increasing consumer awareness. Consumer packaged goods (CPG) are daily-use items that are consumed or used in some form by the average general population. These products have to be regularly replaced with new stocks and include items such as household commodities, food & beverages, makeup & per ...
Crown Equipment Joins Universal Technical Institute's Early Employment Program
Prnewswire· 2024-07-16 20:15
Source: Crown EquipmentSource: Crown Equipment Source: Crown EquipmentSource: Crown Equipment Source: Crown EquipmentSource: Crown Equipment Through the agreement, Universal Technical Institute students in the 51-week automotive technology and the 45-week diesel technology programs may apply with Crown to work 20 to 30 paid hours weekly while completing their studies. Universal Technical Institute graduates who are offered full-time employment by Crown may also qualify for tuition reimbursement up to $20,00 ...
Crown Castle: Unlikely To Disappoint With Q2 Earnings Release
Seeking Alpha· 2024-07-13 14:08
ozgurcankaya/E+ via Getty Images Investment thesis My previous bullish thesis about Crown Castle (NYSE:CCI) aged well as the stock's return since April was in line with the broader market. Today I want to update my thesis in light of the upcoming Q2 earnings release planned for July 17. I remain optimistic about CCI before the Q2 earnings release because two previous quarters were above consensus estimates from revenue and EPS perspectives. The company recently upgraded its full-year FFO guidance as a resul ...
CROWN LEADS SUSTAINALYTICS CONTAINERS AND PACKAGING CATEGORY WITH STRONG SUSTAINABILITY PERFORMANCE
Prnewswire· 2024-07-11 17:19
TAMPA, Fla., July 11, 2024 /PRNewswire/ -- Sustainalytics has ranked Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) at the top of the Containers & Packaging category in the latest ESG Risk Rating, an industry-wide assessment of corporate sustainability performance. After receiving positive marks across multiple areas of measurement, Crown leads its peer group of 105 organizations and represents one of only 3% of more than 16,200 assessed companies to attain an overall Negligible risk score. Th ...
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 ...