Cannae(CNNE)

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Cannae(CNNE) - 2023 Q4 - Annual Report
2024-02-28 16:00
(Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-38300 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Ac ...
Cannae Holdings, Inc. Expands Board of Directors
Businesswire· 2024-02-27 21:10
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors voted to expand the size of its board to twelve members, and elected Doug Ammerman as an independent member of its Board of Directors, effective February 27, 2024. Mr. Ammerman, a retired partner of KPMG LLC, joins eleven current Cannae board members with extensive expertise and experience across multiple industries. Mr. Ammerman will serve as a director until the Company’s ...
Cannae Holdings, Inc. Announces Agreement to Wind Down Management Services Agreement
Businesswire· 2024-02-27 11:25
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that the Company has agreed to wind down its Management Services Agreement (“MSA”) with Trasimene Capital Management, LLC (“Trasimene”). Effective July 2, 2024, the MSA will be amended and restated to provide that Trasimene will receive a fixed management fee of $7.6 million for each of the following three years, and a $20 million termination fee, payable in three annual installments commencing on Jul ...
Wall Street Analysts Think Cannae Holdings, Inc. (CNNE) Could Surge 25.14%: Read This Before Placing a Bet
Zacks Investment Research· 2024-02-26 15:56
Shares of Cannae Holdings, Inc. (CNNE) have gained 6.5% over the past four weeks to close the last trading session at $21.84, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $27.33 indicates a potential upside of 25.1%.The mean estimate comprises three short-term price targets with a standard deviation of $2.52. While the lowest estimate of $25 indicates a 14.5% increase from th ...
Cannae(CNNE) - 2023 Q4 - Earnings Call Transcript
2024-02-22 01:57
Cannae Holdings, Inc. (NYSE:CNNE) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Company Participants Jamie Lillis - Managing Director, Solebury Strategic Communications William Foley - Chairman and Chief Executive Officer Ryan Caswell - President Bryan Coy - Chief Financial Officer Conference Call Participants Kenneth Lee - RBC Capital Markets Jonathan Bass - Stephens Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Incorporated Fourth Quarter and Full Year 2 ...
Cannae Holdings, Inc. Announces Strategic Partnership With JANA Partners
Businesswire· 2024-02-21 21:42
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced a strategic partnership with JANA Partners (“JANA”), an investment firm focused on creating value through shareholder engagement. The strategic partnership will help Cannae drive shareholder value by sourcing new control acquisitions and similar strategic opportunities and will enhance returns for JANA’s investors by expanding JANA’s industry operator network and providing an M&A catalyst when it may m ...
Cannae(CNNE) - 2023 Q4 - Annual Results
2024-02-20 16:00
TM Fourth Quarter 2023 Update This communication contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as t ...
Cannae(CNNE) - 2023 Q3 - Earnings Call Transcript
2023-11-08 01:32
Cannae Holdings, Inc. (NYSE:CNNE) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Jamie Lillis - Solebury Communications Richard Massey - CEO & Director Bryan Coy - CFO Ryan Caswell - President Conference Call Participants Ian Zaffino - Oppenheimer Kenneth Lee - RBC Capital Markets John Campbell - Stephens Inc. Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings Inc. Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] ...
Cannae(CNNE) - 2023 Q3 - Quarterly Report
2023-11-06 16:00
CANNAE HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In millions) (Unaudited) Equity: Cannae common stock, 0.0001 par value; authorized 115,000,000 shares as of September 30, 2023 and December 31, 2022; issued of 92,841,242 and 92,583,280 shares as of September 30, 2023 and December 31, 2022, respectively and outstanding of 70,761,454 and 76,254,972 shares as of September 30, 2023 and December 31, 2022, respectively — — See Notes to Condensed Consolidated Financial Statements Table of Contents 2 ___ ...
Cannae(CNNE) - 2023 Q2 - Earnings Call Transcript
2023-08-10 02:45
Cannae Holdings, Inc. (NYSE:CNNE) Q2 2023 Results Conference Call August 9, 2023 5:00 PM ET Company Participants Rory Rumore - Solebury Communications Rick Massey - CEO Bryan Coy - CFO Ryan Caswell - President Conference Call Participants John Campbell - Stephens Kenneth Lee - RBC Capital Markets Operator Good afternoon, ladies and gentlemen, and welcome to the Cannae Holdings, Incorporated Second Quarter 2023 Financial Results Conference Call. During today's presentation, all parties will be in listen-only ...