City Holding(CHCO)
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Kansas City Life Announces Third Quarter 2024 Results
Prnewswire· 2024-11-01 17:10
KANSAS CITY, Mo., Nov. 1, 2024 /PRNewswire/ -- Kansas City Life Insurance Company recorded net income of $1.3 million or $0.14 per share in the third quarter of 2024, down from net income of $4.6 million or $0.47 per share in the third quarter of 2023. Net income totaled $7.6 million or $0.79 per share in the first nine months of 2024, up from $5.8 million or $0.60 per share in the first nine months of 2023.The results for the third quarter of 2024 reflected lower insurance revenues and higher policyholder ...
Brera Holdings to Attend Sportico: Invest in Sports Conference in New York City on November 4th
GlobeNewswire News Room· 2024-11-01 16:39
Core Insights - Brera Holdings PLC will participate in the Sportico "Invest in Sports" Conference in New York City on November 4, 2024, focusing on sports investment growth and dynamics [1][2] Company Overview - Brera Holdings PLC is a publicly traded multi-club ownership company dedicated to football, aiming to expand its social impact through a global portfolio of emerging football and sports clubs [6] - The company acquired Brera FC in 2022 and has been developing opportunities for tournament prizes, sponsorships, and professional consulting services [6] Recent Developments - Brera Holdings has expanded its operations into Africa by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division [7] - The company acquired a 90% stake in North Macedonian team Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC, and made a strategic investment in Manchester United PLC, realizing a 74% gain [7] - Brera Holdings also acquired a majority stake in UYBA Volley, an Italian women's volleyball team, and established Brera Ilch FC in Mongolia [7] - The company is in the process of acquiring an Italian Serie B club, having signed an exclusive letter of intent and is currently conducting due diligence [8] Industry Insights - The "Invest in Sports" Conference will feature discussions on how sports franchises have evolved into global brands across various sectors, including technology, media, finance, and real estate [4] - The conference will highlight record-setting investments in women's sports, youth athletics, and collegiate programs, providing insights into future innovations and opportunities in the sports industry [4]
Century Complete Unveils New Model Home in Bullhead City, AZ
Prnewswire· 2024-10-31 19:55
Exceptional lineup of ranch-style floor plans now selling from the $240s at Rancho ColoradoBULLHEAD CITY, Ariz., Oct. 31, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—is excited to invite homebuyers and real estate agents to tour the newest model home from its Century Complete brand at Rancho Colorado in Bullhead City, Arizona ...
City Office REIT Reports Third Quarter 2024 Results
Prnewswire· 2024-10-31 10:00
Core Insights - City Office REIT reported a GAAP net loss of approximately $4.5 million for Q3 2024, translating to a loss of $0.11 per fully diluted share [2][34] - The company achieved rental and other revenues of $42.4 million during the quarter, with Core FFO at approximately $11.1 million or $0.27 per fully diluted share [2][36] - The in-place occupancy rate was 83.4% at the end of the quarter, increasing to 87.0% when including signed leases not yet occupied [2][4] Financial Performance - Total revenues for Q3 2024 were $42.4 million, down from $44.2 million in Q3 2023 [33] - Core FFO for the quarter was approximately $11.1 million, compared to $10.9 million in the same quarter last year [36] - AFFO was approximately $4.8 million, or $0.12 per fully diluted share [2][36] Leasing Activity - The company executed approximately 141,000 square feet of new and renewal leases during Q3 2024, with 78,000 square feet being new leases and 63,000 square feet being renewals [5][6] - The weighted average lease term for new leases was 5.0 years at an effective annual rent of $33.91 per square foot [6] - Renewal leases had a weighted average term of 4.5 years at an effective annual rent of $32.87 per square foot [7] Portfolio Operations - As of September 30, 2024, the total portfolio comprised 5.6 million net rentable square feet, with an occupancy rate of 83.4% [4] - Same Store Cash NOI increased by 0.2% for Q3 2024 compared to the same period in the previous year, but decreased by 0.9% for the nine months ended September 30, 2024 [4] Capital Structure - The company had total principal outstanding debt of approximately $651.0 million, with 82.3% of the debt being fixed rate or effectively fixed [8][9] - The weighted average maturity of the debt was approximately 2.1 years, with a weighted average interest rate of 5.2% [9] Dividends - A cash dividend of $0.10 per share of common stock was declared for Q3 2024, paid on October 24, 2024 [10][11] - A cash dividend of $0.4140625 per share of Series A Preferred Stock was also declared and paid on the same date [11] 2024 Outlook - The company updated its full-year 2024 guidance, reflecting expectations of increased occupancy due to healthy leasing activity [12] - The updated guidance includes a projected Core FFO per fully diluted share range of $1.15 to $1.17 [13]
Trump Media shares surge up to 20% after Trump rally in New York City
CNBC· 2024-10-28 15:35
Republican presidential nominee former President Donald Trump holds a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. That surge was followed by a major sell-off that hit bottom in late September, when DJT stock scraped below $12 a share. Trump Media stock rose above $46.80 per share in the first hour of trading — eclipsing its recent peak in midJuly, when the company's market value soared after Trump was nearly assassinated at a rally in Pennsylvania. Shares of Donald Trump 's s ...
Your Party, Delivered: Party City Now Available on Instacart for Every Celebration
Prnewswire· 2024-10-28 13:00
Core Insights - Instacart has partnered with Party City to offer same-day delivery of party supplies from over 700 Party City stores across North America, enhancing convenience for customers planning celebrations [1][2][4] Instacart Overview - Instacart is a leading grocery technology company in North America, collaborating with over 1,500 retailers to provide online shopping, delivery, and pickup services from more than 85,000 stores [3] - The platform allows approximately 600,000 shoppers to earn income by fulfilling orders on a flexible schedule [3] - Instacart also offers enterprise-grade technology products and services to retailers, enhancing their e-commerce capabilities and providing advertising services [3] Party City Overview - Party City is the largest party goods retailer in North America, serving customers in over 70 countries with a wide range of celebration products [4] - The company operates more than 700 stores and is expanding its eCommerce business through PartyCity.com [4] - Party City also owns Amscan, a designer and distributor of celebration products, further diversifying its offerings [4] Partnership Benefits - The partnership allows Instacart users to conveniently order party essentials, including decorations and tableware, for various occasions, with same-day delivery available [2][4] - To promote the partnership, Instacart is offering a $10 discount on the first Party City purchase of $50 or more until December 26, 2024 [2][5]
City Holding: High Profitability And Efficiency With Attractive Dividend Yield
Seeking Alpha· 2024-10-25 14:35
In the banking industry, it is always easy to find a consistent dividend paying company but most of the time it is difficult to find a banking company that has better profitability, efficiency in operations and pays attractive dividend as well. These features Writing financial analysis reports on companies from all sectors since 2013, recently focusing more on small cap community banks. Leaning more towards technological stocks lately. I believe more in underlying products, services and working culture than ...
Happy Belly's PIRHO Fresh Greek Grill Announces the Opening of its Newest location in the City of Calgary, Alberta
Newsfile· 2024-10-25 10:55
Toronto, Ontario--(Newsfile Corp. - October 25, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce its newest PIRHO Fresh Greek Grill ("PIRHO") street front location in Calgary's Glenmore Landing, located at 1600 90 Ave SW. PIRHO serves delicious gourmet bowls, wraps, and pitas with the fresh wholesome tastes of Greece. PIRHO 1To view an enhanced version of this graphic, please visit:https:// ...
City Holding(CHCO) - 2024 Q3 - Quarterly Results
2024-10-24 14:33
NEWS RELEASE For Immediate Release October 24, 2024 For Further Information Contact: David L. Bumgarner, Executive Vice President and Chief Financial Officer (304) 769-1169 City Holding Company Announces Quarterly Results Charleston, West Virginia – City Holding Company ("Company" or "City") (NASDAQ:CHCO), a $6.4 billion bank holding company headquartered in Charleston, West Virginia, today announced quarterly net income of $29.8 million and diluted earnings of $2.02 per share for the quarter ended Septembe ...
City Holding (CHCO) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-24 13:40
City Holding (CHCO) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.21%. A quarter ago, it was expected that this bank holding company for City National Bank of West Virginia would post earnings of $1.88 per share when it actually produced earnings of $1.96, delivering a surprise of ...