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The City of Bentonville, AR Renews Partnership with GovDeals to Sell Surplus Properties
GlobeNewswire News Room· 2025-06-08 12:30
Core Insights - The City of Bentonville, AR is resuming virtual auctions for surplus assets in partnership with GovDeals, enhancing efficiency and global reach compared to traditional methods [1][2] - The partnership has generated over $429,000 in sales since its inception, with $142,000 earned in the previous year alone, highlighting the financial advantages of online auctions [2] Company Overview - GovDeals is a leading online marketplace for surplus government and educational assets, offering a range of items from heavy equipment to real estate [4] - The platform allows government agencies to sell surplus assets in a transparent manner, providing sellers with more control and lower fees compared to traditional auction methods [4] - GovDeals is operated by Liquidity Services, a trusted company in the surplus industry, which supports millions of customers globally [4]
All You Need to Know About City Holding (CHCO) Rating Upgrade to Buy
ZACKS· 2025-06-05 17:05
City Holding (CHCO) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The p ...
IP Eyes Salt Lake City to Build New Sustainable Packaging Facility
ZACKS· 2025-06-04 17:31
Core Insights - International Paper (IP) is planning to develop a new sustainable packaging facility in Salt Lake City, UT, as part of its strategy to expand its manufacturing footprint in the U.S. [1][9] - The new facility will utilize advanced technology to provide innovative and sustainable packaging solutions to customers in the western U.S. [2][9] - IP has recently initiated construction on a state-of-the-art sustainable packaging plant in Waterloo, IA, which is expected to be a key component of its North American operations [3][4] Facility Developments - The Waterloo plant is set to be the largest greenfield box plant for IP and will primarily serve the protein segment, focusing on high-quality sustainable packaging [4] - Operations at the Waterloo facility are anticipated to commence in late 2026 [4] Market Positioning - Following the acquisition of DS Smith in January 2025, IP has positioned itself as a global leader in sustainable packaging, enhancing its portfolio and geographic presence [5] - The Total Addressable Market (TAM) for North America is approximately $50 billion, while EMEA's TAM is around $40 billion, both with a long-term growth rate of 3-4% [6] Growth Drivers - IP aims to exceed market growth by leveraging trends such as the rise of e-commerce, increasing demand for sustainable packaging, and the transition from plastic to paper-based alternatives [7] - There is a growing need for cost-effective and reliable fresh food packaging, as well as innovative retail-ready packaging solutions, which are expected to support long-term growth [7] Stock Performance - Over the past year, IP's stock has declined by 12.1%, compared to a 10.8% decline in the industry [8]
City Holding Company: Quality Trumps Price Here
Seeking Alpha· 2025-06-03 13:56
Company Overview - City Holding Company (NASDAQ: CHCO) has a market capitalization of $1.72 billion, indicating it is a significant player in the financial sector [1] - The management has successfully grown the company's balance sheet in recent years, leading to improved profitability [1] Industry Insights - Crude Value Insights provides an investing service focused on oil and natural gas, emphasizing cash flow and companies that generate it [1] - The service aims to identify value and growth prospects within the sector [1]
Ciao Italia! Alaska Airlines announces new nonstop service between Seattle and Rome
Prnewswire· 2025-06-03 13:00
Core Points - Alaska Airlines is launching a nonstop flight from Seattle to Rome, marking the first direct connection between the two cities [1][2] - The new route is part of Alaska Airlines' strategic plan "Alaska Accelerate," aiming to generate $1 billion in incremental profit following the merger with Hawaiian Airlines [5] - The Seattle-Tacoma International Airport is being transformed into a premier global gateway, with Rome being the third international route added [5] Route Details - Flights from Seattle to Rome will operate on a Boeing 787-9 Dreamliner, with departures scheduled for 6 p.m. and arrivals at 1:45 p.m. the next day, available on Mondays, Wednesdays, Fridays, and Sundays [2][4] - Return flights from Rome to Seattle will depart at 3:45 p.m. and arrive at 6 p.m. on Tuesdays, Thursdays, and Saturdays [2] Market Demand - Rome is the most requested European destination not currently served nonstop from Seattle, indicating strong demand from travelers [3][8] - The new route will enhance connectivity for travelers along the West Coast and Hawaii, providing more options for reaching Italy [3] Airport and Connectivity - Leonardo da Vinci Fiumicino International Airport (FCO) serves as a major hub for Central and Southern Europe, offering over 230 nonstop destinations across 80 countries [6] - FCO is undergoing significant expansion and modernization, enhancing the travel experience for passengers [9] Strategic Importance - The addition of the Rome route strengthens Alaska Airlines' position in the transatlantic market and enhances its connectivity to North America from Italy [10] - The new service is expected to attract a significant number of tourists, especially with the upcoming Jubilee Year in 2025, which is anticipated to draw millions of visitors to Rome [7][8]
International Paper to Explore Building a New State-of-the-Art Sustainable Packaging Facility in Salt Lake City, Utah
Prnewswire· 2025-06-03 12:30
Core Viewpoint - International Paper is strategically exploring the development of a new sustainable packaging facility in Salt Lake City, Utah, to enhance its manufacturing capabilities and meet the growing demand for sustainable packaging solutions in the U.S. market [1][3]. Group 1: Strategic Growth Plans - The exploration of the new facility is part of International Paper's strategic growth initiative aimed at expanding its manufacturing footprint in the United States [1][3]. - The company recently celebrated the groundbreaking of another sustainable packaging facility in Waterloo, Iowa, indicating a broader commitment to growth in this sector [2]. Group 2: Market Opportunities - Salt Lake City represents a new market for International Paper, providing an opportunity to better serve existing customers and attract new ones in the region [3]. - The proposed facility will utilize cutting-edge technology and equipment to deliver innovative and sustainable packaging solutions to a growing customer base in the western U.S. [4]. Group 3: Company Overview - International Paper is a global leader in sustainable packaging solutions, with headquarters in Memphis, Tennessee, and operations in over 30 countries [5]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, strengthening its position in the North American and EMEA regions [5].
Capital City Bank Group Announces Leadership Transition
GlobeNewswire News Room· 2025-06-02 20:02
TALLAHASSEE, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- The board of directors of Capital City Bank Group (NASDAQ: CCBG) announced today that Bethany Corum has been named president of Capital City Bank, effective as of July 1, 2025. This historic appointment takes place during the Bank’s landmark 130th anniversary year and marks a significant milestone as Corum becomes the first female president in the history of the Bank. She assumes this role with extensive experience and a deep commitment to championing the ...
Resouro Strategic Metals Inc. to Attend THE Mining Investment Event in Quebec City
Newsfile· 2025-06-02 13:00
Group 1 - Resouro Strategic Metals Inc. will attend THE Mining Investment Event in Quebec City from June 3 to June 5, 2025 [1][2] - Executive Chairman Christopher Eager and Board Director Anne Landry will be available for one-on-one meetings during the conference [2] - The event aims to bring together mining companies, institutional investors, government officials, and other industry stakeholders for strategic discussions [2] Group 2 - Resouro is a Canadian mineral exploration and development company focused on economic mineral projects in Brazil [3] - The company is listed on multiple exchanges including ASX, TSXV, OTC, and FSE [3]
Why City Holding (CHCO) is a Great Dividend Stock Right Now
ZACKS· 2025-05-30 16:51
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, ...
Max Resource Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025
Newsfile· 2025-05-30 14:00
Max Resource Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025May 30, 2025 10:00 AM EDT | Source: VID MediaVancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Max Resource Corp. (TSXV: MAX) is pleased to announce that it will be participating in THE Mining Investment Event, Canada’s Only Tier 1 Global Mining Investment Conference©, taking place June 3-5, 2025, at the Quebec Convention Centre, Quebec City, Canada. Max Resource Corp.’s managemen ...