WOODCLIFF LAKE, N.J., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry – and one of the nation’s largest refrigerant reclaimers – today provided an update on the status of its previously announced contract with the United States Defense Logistics Agency (“DLA”) awarded in October 2025 and set to commence in July 2026 (the “2025 ...

Core Insights - Boyd Group Services Inc. has successfully closed the acquisition of Joe Hudson's Collision Center, adding 258 locations and increasing its North American footprint by 25% to a total of 1,301 locations [1][2][5] - The acquisition is expected to enhance profitability through cost synergies and support Boyd's long-term growth objectives [2][4][10] Company Overview - Boyd Group Services Inc. operates as a major player in the North American collision repair industry, with a significant number of non-franchised collision repair centers [7] - The company operates under various trade names, including Boyd Autobody & Glass, Assured Automotive in Canada, and Gerber Collision & Glass in the U.S. [7] Acquisition Details - The total consideration for the acquisition of Joe Hudson's Collision Center is approximately US$1.3 billion, funded through a combination of equity offerings and debt [5] - The acquisition aligns with Boyd's growth strategy and is expected to strengthen operational excellence and cultural alignment within the organization [2][3] Strategic Initiatives - Boyd's Project 360, a cost transformation plan, has improved the company's operating foundation and profitability, positioning it well for future growth [4] - The expansion of Boyd's operational strategies is anticipated to further densify its market presence and enhance overall performance [4][10]

Core Viewpoint - Boyd Group Services Inc. is set to finalize the acquisition of Joe Hudson's Collision Center, with the closing announcement scheduled for January 9, 2026, following the satisfaction of regulatory requirements [1]. Company Overview - Boyd Group Services Inc. is a Canadian corporation that controls The Boyd Group Inc. and its subsidiaries, with shares traded on the Toronto Stock Exchange (BYD) and the New York Stock Exchange (BGSI) [2]. - The Boyd Group Inc. is one of the largest operators of non-franchised collision repair centers in North America, operating under various trade names including Boyd Autobody & Glass, Assured Automotive, and Gerber Collision & Glass [3]. Acquisition Details - The acquisition of Joe Hudson's Collision Center was initially announced on October 29, 2025, and is expected to provide strategic and financial benefits, including meaningful synergies [1][5]. - The company anticipates that the acquisition will enhance its operational capabilities and contribute to sustained growth and value creation [5].

Core Viewpoint - Hudson Technologies, Inc. has acquired Refrigerants Inc. for an initial purchase price of $2.5 million, aiming to expand its recovery network and geographic footprint in the refrigerant reclamation industry [1] Group 1: Acquisition Details - The acquisition of Refrigerants Inc. is part of Hudson's strategy to enhance its core refrigerants reclamation business by increasing access to recovered refrigerant sources [3] - Refrigerants Inc. has over two decades of experience in the industry, providing a full range of refrigerant lifecycle management services [2] Group 2: Strategic Importance - The acquisition is expected to strengthen Hudson's position in key markets for refrigerant sales and the aftermarket supply chain, which is crucial due to the AIM Act's phase-down of virgin HFC refrigerants [4] - Hudson anticipates leveraging Refrigerants Inc.'s established customer base to enhance its recovered refrigerant volume and improve its reclamation practices [4] Group 3: Company Background - Hudson Technologies is recognized as a leading provider of sustainable refrigerant products and services, with significant investments in advanced separation technology for refrigerant recovery [5] - The company offers various services, including refrigerant management and predictive diagnostic services, contributing to its commitment to environmental sustainability [5]

Core Insights - Hudson Technologies has been selected as one of two reclamation providers for the California Air Resources Board's REFRESH pilot program aimed at increasing the recovery of HFC refrigerants in residential settings [1][3] Group 1: Program Details - The REFRESH pilot program will collaborate with refrigerant contractors involved in the California Energy Commission's Equitable Building Decarbonization Statewide Direct Install program to purchase recovered HFCs and HCFCs for reclamation [2] - The program is funded through CARB's F-gas Reduction Incentive Program, with up to $5 million available to support the buyback of recovered refrigerants and cover administrative and labor costs [2] Group 2: Company Background - Hudson Technologies is a leading provider of sustainable refrigerant products and services, recognized as one of the largest refrigerant reclaimers in the U.S. [4] - The company has invested significantly in advanced separation technology to recover a variety of refrigerants, restoring them to standards for reuse as certified EMERALD Refrigerants™ [4] - Hudson's services include refrigerant management, reclamation, and various predictive and diagnostic service offerings [4]

Core Viewpoint - Hudson Pacific Properties, Inc. has updated its FFO outlook for Q4 2025 to a range of $0.15 to $0.25 per diluted share, excluding specified items [1] Financial Outlook - The updated FFO outlook for Q4 2025 assumes fully diluted weighted average common stock/units of 65 million [1]

Core Viewpoint - Hudson Pacific Properties, Inc. has successfully sold the Element LA office campus for $150 million, along with an $81 million payment for lease termination, totaling $231 million in gross proceeds, which will be used to reduce debt and enhance liquidity for future investments [1][3]. Group 1: Sale Details - The Element LA office campus spans 284,000 square feet and is located in West Los Angeles [1]. - The total proceeds from the sale and lease termination amount to $231 million, with $206 million allocated to repay CMBS debt associated with the property [1]. Group 2: Historical Context - Hudson Pacific acquired the office and warehouse assets for $101 million over a decade ago and successfully transformed and leased the property as a creative office campus [2]. Group 3: Strategic Implications - The CEO of Hudson Pacific stated that the sale reflects the value created through the transformation and stabilization of the asset, contributing to debt reduction and increased liquidity for reinvestment in growth opportunities, particularly in the Bay Area and Seattle [3]. Group 4: Company Overview - Hudson Pacific Properties is a real estate investment trust focused on providing end-to-end real estate solutions for tech and media tenants, leveraging strategic relationships and expertise in property development [4].

Core Viewpoint - Hudson Technologies, Inc. has increased its share repurchase authorization to $20 million for 2025, up from the previously authorized $10 million, and has also authorized an additional $20 million for 2026, reflecting confidence in its capital generation and business strength [1][3]. Share Repurchase Program - The share repurchase program allows Hudson to buy back shares on a discretionary basis through open market repurchases or other means, including Rule 10b5-1 trading plans, during open windows when the company does not possess material non-public information [2]. - The timing and number of shares repurchased will depend on various factors such as stock price, trading volume, market conditions, and corporate requirements [2]. Company Overview - Hudson Technologies is a leading provider of sustainable refrigerant products and services in the HVAC and refrigeration industry, with nearly three decades of experience [4]. - The company is recognized as one of the largest refrigerant reclaimers in the U.S., investing significantly in advanced separation technology to recover and restore refrigerants for reuse [4]. - Hudson's offerings include refrigerant sales, management services, and various diagnostic and monitoring services, contributing to its commitment to environmental sustainability [4].

Core Insights - The stock market experienced a sell-off in November after five months of gains, attributed to profit-taking and sentiment rather than poor corporate earnings [1][2] - This pullback has created investment opportunities in both technology and non-tech sectors, particularly for value investors [2] Company Summaries Intel (INTC) - Intel's stock has increased approximately 90% this year, yet it trades below book value and its all-time highs [3][4] - The company has faced challenges, including falling behind in process technology and missing the AI boom [4] - New CEO Lip-Bu Tan has a successful track record and strong knowledge of the AI ecosystem, which could benefit Intel [5] - Intel is ramping up its 18A node, which could lead to significant upside if successful [7] - Despite current losses in its foundry business, management expects it to break even by the end of 2027 [8] - The stock is trading at around 18 times its projected 2027 operating earnings, with potential for growth as its 18A chips become competitive [9] SharkNinja (SN) - SharkNinja's shares have recently sold off, but the company has managed to grow gross margins through price increases and cost efficiencies [10][11] - Revenue grew by 14.3% last quarter, with all major product categories showing growth [12][13] - The company has increased its guidance for revenue and adjusted earnings per share, with analysts predicting 15.5% earnings growth in 2026 [14] - Despite upcoming tariff impacts, SharkNinja appears undervalued at 23 times trailing earnings [15] Hudson Technologies (HDSN) - Hudson Technologies is trading at around 13 times earnings and has nearly $90 million in cash, representing about 30% of its market cap [16][17] - The stock sold off after the announcement of CEO Brian Coleman's departure, despite beating earnings expectations [17] - The company is exploring expansion into complementary business lines, which may involve using cash for acquisitions [19] - New CEO Kenneth Gaglione has relevant experience that could lead to success for the company [20][21]

Core Viewpoint - Hudson Pacific Properties, Inc. will implement a 1-for-7 reverse stock split effective December 1, 2025, aimed at adjusting its stock price and improving market perception [1][2][3]. Reverse Stock Split Details - The reverse stock split will convert every seven shares of common stock into one new share, with the new trading symbol remaining "HPP" [2][4]. - The company's board of directors has approved the reverse stock split, which will also involve amendments to the company's charter [3][4]. - Proportionate adjustments will be made to outstanding equity awards and incentive plans as a result of the reverse stock split [4]. Impact on Shareholders - The reverse stock split will affect all shareholders uniformly, maintaining their percentage interest in the company's equity, except for cash payments for fractional shares [5]. - No fractional shares will be issued; instead, shareholders will receive cash equivalent to the fraction of a share they would have received [5]. Adjustments to Warrants - All outstanding pre-funded warrants will be adjusted accordingly, with every seven shares purchasable under the warrants representing one share post-split [6]. - The exercise price for pre-funded warrants will be adjusted to $0.07 per share, reflecting the reverse stock split [6]. Administrative Details - Computershare Trust Company, N.A. will act as the transfer and exchange agent for the reverse stock split, with no action required from registered stockholders [7].