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City Office REIT Announces Dividends for Second Quarter 2025
Prnewswire· 2025-06-13 20:05
Core Points - City Office REIT, Inc. has authorized a quarterly dividend of $0.10 per share for common stock and partnership units for Q2 2025 [1] - The company also declared a quarterly dividend of $0.4140625 per share for its 6.625% Series A Cumulative Redeemable Preferred Stock [1] - Dividends will be payable on July 24, 2025, to stockholders of record as of July 10, 2025 [2] Company Overview - City Office REIT is an internally-managed real estate company focused on acquiring, owning, and operating office properties primarily in Sun Belt markets [3] - The company currently owns or has a controlling interest in 5.4 million square feet of office properties [3] - City Office REIT has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes [3]
Panama City Beach, Meet Your New Summer Playground: Topgolf Opens June 27
Prnewswire· 2025-06-12 12:00
Core Insights - Topgolf is expanding its presence with a new venue in Panama City Beach, offering a modern golf experience suitable for all skill levels [5][6] - The venue features 74 outdoor climate-controlled hitting bays, Toptracer technology, and a full-service restaurant and bar [5][7] - Grand opening festivities include free game play, live music, and promotional discounts for Cash App Visa Card holders [5][6] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), known for its tech-enabled modern golf and active lifestyle offerings [7][8] - The company operates over 100 venues globally, focusing on creating an inclusive and engaging environment for players [7][8] Venue Features - The Panama City Beach location employs approximately 275-300 staff members, referred to as Playmakers, to enhance the guest experience [5] - Unique offerings include the exclusive golf club "The Sure Thing," lessons through the Coach program, and a variety of food and drink options [5][6] Community Engagement - Local officials, including Mayor Stuart Tettemer, express excitement about Topgolf's addition to the community, highlighting its appeal to both locals and visitors [6]
Capital City Bank: Earnings Outlook Is Rosy, But The Valuation Isn't Attractive Enough
Seeking Alpha· 2025-06-10 05:12
I'm increasing the earnings estimate for Capital City Bank Group, Inc. (NASDAQ: CCBG ) following the first quarter's results, wherein deposit growth and margin expansion beat my expectations. I'm now expecting the company to report an EPS of $3.26, up from my previous estimateAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ow ...
Canadian Pacific Kansas City: International But Local
Seeking Alpha· 2025-06-09 12:18
Group 1 - Joseph Shaefer is a geopolitical, economic, and resource analyst with extensive experience in Special Operations and Intelligence, as well as a background in academia and investment management [1] - The Investor's Edge® offers a unique investment approach focusing on Energy, Resources, Aerospace and Defense, and Infrastructure, alongside research into income-generating ETFs, CEFs, BDCs, and preferred shares [1] - Subscribers to The Investor's Edge® benefit from exclusive features such as a Growth & Value sample portfolio, early notifications of articles, and direct access to Joseph Shaefer and his community [1]
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].