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Star Bulk Carriers: Lowering My Price Target On Macro Risks, Dicier Dividends
Seeking Alpha· 2025-03-31 13:10
Analyst'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 own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
Star8 Corp. subsidiary TOMAHAWK SRL Files Patent for Revolutionary Hot Water Heating System "ZeroTank System"
Prnewswire· 2025-03-26 14:31
MIAMI, March 26, 2025 /PRNewswire/ -- Star8 Corp. (OTC: STRH), ("Star8" or the "Company"), through it's subsidiary TOMAHAWK SRL an Italian R&D and manufacturing company, specializing in EV, battery storage and electric motor innovations operating and also manufactures EV motorcycles under the brand Scarponi Motorcycles, is proud to announce that it has filed a patent application for a revolutionary Hot Water Heating System aptly named "ZeroTANK System". ZeroTANK System Unlike our Scarponi Motorcycles, ...
Blue Star Gold Announces $3.5M Non-Brokered Private Placement
Newsfile· 2025-03-25 23:00
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that it intends to complete a non-brokered private placement of up to $3,500,000 through the issuance of up to 35,000,000 common shares (the "Shares") at a price of $0.10 per Share (the "Private Placement"). The Private Placement is subject to the approval of the TSX Venture Exchange (the "Exchange"). All securities issued will be subject to a ...
Star Equity Holdings, Inc. Announces 2024 Fourth Quarter and Full Year Financial Results
GlobeNewswire News Room· 2025-03-20 12:30
Core Insights - Star Equity Holdings, Inc. reported a significant increase in fourth quarter revenues and gross profit, with revenues rising 21.1% to $17.1 million and gross profit increasing 55.9% to $4.4 million compared to the same period in the previous year [6][7][9] - The company closed the acquisition of Alliance Drilling Tools (ADT) on March 4, 2025, establishing a new Energy Services division [2][5] - The Building Solutions division experienced strong performance due to the realization of pent-up demand and the adoption of factory-built construction, contributing to a year-end backlog of $17.2 million [5] Financial Performance - Q4 2024 revenues increased to $17.1 million from $14.1 million in Q4 2023, driven by higher activity in Building Solutions and contributions from Big Lake Lumber and Timber Technologies Solutions [6][8] - For FY 2024, total revenues reached $53.4 million, up 16.5% from $45.8 million in FY 2023 [7][8] - The gross profit for Q4 2024 was $4.4 million, compared to $2.9 million in Q4 2023, reflecting a gross margin increase to 26.0% [9][10] Operating Expenses and Cash Flow - Total operating expenses for Q4 2024 increased by $1.3 million, primarily due to the inclusion of operations from BLL and TT [11] - Cash flow from operations for Q4 2024 was an outflow of $1.5 million, compared to a neutral cash flow in the same period of the previous year [16] Net Income and Adjusted EBITDA - The net loss from continuing operations for Q4 2024 was $2.5 million, or $0.77 loss per share, compared to a net income of $1.8 million in Q4 2023 [12] - Non-GAAP adjusted EBITDA for Q4 2024 was a gain of $1.1 million, a significant improvement from a loss of $0.1 million in the same quarter of the prior year [15] Backlog and Future Outlook - The Building Solutions division ended Q4 2024 with a backlog of $17.2 million, indicating strong future revenue potential [5][17] - The company anticipates a positive start to 2025, supported by the integration of ADT and ongoing growth initiatives [5]
Cheap Now, Star Bulk Carriers: Yield More Than 6.8% But It Could Be More
Seeking Alpha· 2025-03-20 12:03
Industrial sector company involved in global marine shipping of dry bulk cargoes. The major bulk cargoes are iron ore, minerals and grain with minor bulk shipping of bauxite, fertilizers and steel products. It incorporated in the Marshall IslandsMacro Trading Factory is a macro-driven service, run by a team of experienced investment managers.The service offers two portfolios: “Funds Macro Portfolio” & “Rose's Income Garden”; both aim to outperform the SPY on a risk-adjusted basis, in a relaxed manner.Suitab ...
Daimler Truck North America Selects Allison's FuelSense® 2.0 Neutral at Stop Technology for Freightliner and Western Star Trucks
Prnewswire· 2025-03-18 20:05
INDIANAPOLIS, March 18, 2025 /PRNewswire/ -- Allison Transmission today announced that Daimler Truck North America LLC (DTNA) has standardized Allison's FuelSense® 2.0 Neutral at Stop technology for Freightliner and Western Star trucks. This feature is exclusively available on trucks equipped with Allison transmissions. Neutral at Stop, designed to reduce fuel consumption and vehicle emissions by reducing or eliminating the load on the engine when the vehicle is stopped, will be added to Freightliner M2 106 ...
Blue Star's Target Series: Axis Prospect IP Chargeability Anomaly, Untested Orientation, Drill-Ready
Newsfile· 2025-03-18 12:00
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada's North, is excited to discuss the advancement of the Axis prospect, a priority mineralized trend located less than 300 metres from the high-grade Flood deposit on its Ulu Property, located in the West Kitikmeot Region of Nunavut. Axis Target Highlights Historical high-grade target within the axial plane of the Ulu anticlin ...
Wheaton Precious Metals: A Super Star In The Royalty Space
Seeking Alpha· 2025-03-17 12:45
Group 1 - The article discusses the author's interest in royalty companies within the precious metals sector, starting with Silver Wheaton Corp. (now known as Wheaton Precious Metals Corp.) [1] - The author has extensive experience in trading options and stocks since 1980, with a background in oil projects and construction, emphasizing the importance of planning and cost control in investment success [1] - The author holds qualifications similar to a Professional Engineer in Canada and has a Master's Degree in Project Management, indicating a strong foundation in project management principles applicable to investments [1] Group 2 - The article does not provide any specific financial data or performance metrics related to the companies mentioned [2][3]
Liberty All-Star® Equity Fund February 2025 Monthly Update
Prnewswire· 2025-03-14 17:01
Investment Approach - The Liberty All-Star Equity Fund employs a large-cap core investment style, combining three value-style and two growth-style investment managers, focusing on consistent investment philosophy and above-average long-term results compared to peers [1]. Investment Managers - The fund's investment managers include Aristotle Capital Management, LLC, Fiduciary Management, Inc., Pzena Investment Management, LLC, Sustainable Growth Advisers, LP, and TCW Investment Management Company [3]. Top Holdings - The top 20 holdings represent 35.3% of the equity portfolio, with Microsoft Corp. at 4.0%, NVIDIA Corp. at 3.5%, and Amazon.com, Inc. at 2.6% [2]. Monthly Performance - The net asset value (NAV) at the beginning of February 2025 was $7.09, ending the month at $6.99, reflecting a performance decline of -1.41% for the month and a year-to-date performance of 3.03% [2][4]. Net Assets - As of the end of February 2025, the total net assets of the fund were $2,020.3 million, with $2,012.5 million invested in equities, indicating a 99.6% investment rate [4]. Sector Breakdown - The equity portfolio is diversified across sectors, with Information Technology at 22.4%, Financials at 20.6%, and Health Care at 16.0%, among others [4]. New and Liquidated Holdings - New holdings include Corebridge Financial, Inc., while liquidated holdings consist of American Tower Corp., Cie Generale des Etablissements Michelin SCA, JPMorgan Chase & Co., and Micron Technology, Inc. [5][6].
Liberty All-Star® Growth Fund, Inc. February 2025 Monthly Update
Prnewswire· 2025-03-14 16:59
Investment Approach - The Liberty All-Star Growth Fund, Inc. employs an all-cap growth investment style, utilizing three distinct growth style investment managers focusing on small-, mid-, and large-cap companies [1][4]. Top Holdings - The top 20 holdings represent 39.5% of the equity portfolio, with NVIDIA Corp. at 3.5%, Amazon.com, Inc. at 3.1%, and Apple, Inc. at 3.0% [3]. Monthly Performance - The net asset value (NAV) at the beginning of February was $6.19, decreasing to $5.70 by the end of the month, reflecting a performance decline of -7.92% for the month and -4.47% year-to-date [3][9]. - The market price also decreased from $5.70 to $5.24, resulting in a discount of -8.1% at month-end [3]. Net Assets - Total net assets at month-end were $348.3 million, with $347.0 million invested in equities, indicating a 99.6% investment rate [3]. Sector Breakdown - The equity portfolio is diversified across various sectors, with Information Technology at 28.8%, Industrials at 17.4%, and Health Care at 16.1% [3][5]. New and Liquidated Holdings - New holdings added include Axon Enterprise, Inc., Camtek, Ltd., and Datadog, Inc. [6]. - Holdings liquidated during the month include Block, Inc. and Valvoline, Inc. [7].