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Liberty All-Star® Growth Fund, Inc. December 2024 Monthly Update
Prnewswire· 2025-01-14 22:54
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 39.4% of the equity portfolio, with NVIDIA Corp. at 3.7%, Apple, Inc. at 3.2%, and Amazon.com, Inc. at 3.1% [3]. Monthly Performance - The net asset value (NAV) at the beginning of December 2024 was $6.35, decreasing to $6.10 by the end of the month, reflecting a monthly performance decline of -3.94% [3][7]. - Year-to-date performance shows an increase of 15.53% for NAV and 16.53% for market price [3]. Net Assets - Total net assets at month-end were $372.4 million, with $363.9 million allocated to equities, indicating a 97.7% investment rate [3]. Sector Breakdown - The equity portfolio is diversified across various sectors, with Information Technology at 29.5%, Health Care at 16.8%, and Industrials also at 16.8% [5]. New and Liquidated Holdings - New holdings added include Check Point Software Technologies, Ltd. and Lam Research Corp. [6]. - Holdings liquidated during the month include Cadence Design Systems, Inc. and SAP SE among others [7].
Star Bulk Carriers: Lower Dividends On The Horizon
Seeking Alpha· 2025-01-12 09:23
Company Overview - Star Bulk Carriers (NASDAQ: SBLK) is a dry bulk shipping company that has experienced significant volatility in its operating conditions since the COVID-19 pandemic, with multiple swings between highs and lows [1] Industry Context - The dry bulk shipping industry has been highly volatile post-COVID-19, impacting companies like Star Bulk Carriers [1] Operational Challenges - The company has faced fluctuating operating conditions, reflecting the broader challenges in the dry bulk shipping sector [1]
Star Group Announces Completion of Acquisition
Globenewswire· 2025-01-10 14:00
Acquisition Summary - Star Group completed the acquisition of a home energy distributor within its existing operating footprint for approximately $68 million before working capital adjustments [1] - The acquisition is expected to strengthen the company's competitive position across its footprint [2] Company Overview - Star Group is a full-service provider specializing in the sale of home heating products and services to residential and commercial customers [2] - The company also sells and services heating and air conditioning equipment, primarily to its home heating oil and propane customers [2] - Star is the nation's largest retail distributor of home heating oil based on sales volume [2] - The company serves customers in the Northeast and Mid-Atlantic U.S. regions, including its propane locations [2] Business Operations - Star sells diesel, gasoline, and home heating oil on a delivery-only basis [2] - The company provides services to customers outside its home heating oil and propane customer base to a lesser extent [2] Forward-Looking Statements - The company acknowledges various risks and uncertainties that could impact future performance, including geopolitical events, product cost volatility, inflation, weather conditions, customer retention, and regulatory changes [3] - Star emphasizes the importance of factors such as gross profit margins, strategic acquisitions, and the ability to attract and retain employees [3]
Star8 Corp. subsidiary TOMAHAWK SRL Receives $5 Million USD Purchase Order
Prnewswire· 2025-01-07 13:40
MIAMI, Jan. 7, 2025 /PRNewswire/ -- Star8 Corp. (OTC: STRH), ("Star8" or the "Company"), through It's subsidiary TOMAHAWK SRL an Italian Motorcycle EV company, operating under the brand Scarponi Motorcycles, is proud to announce it has a received a $5 Million USD purchase order. The deal is effective immediately and will have the Company deliver 300 motorcycles per year for the next 3 years. The motorcycles are destined for the Canadian and USA markets. Shipment of the first motorcycles will begin in Januar ...
Star Bulk Carriers: Potential Supply Imbalance Is A Bullish Tailwind
Seeking Alpha· 2024-12-27 18:35
Market Performance - Bulk freight rates have declined, leading to a significant drop in Star Bulk Carriers' (NASDAQ: SBLK) share price by approximately 40% over the past 6 months [1] Investment Strategy - The research group focuses on special situations and deep value plays, aiming to capture market inefficiencies both on the upside and downside [1] - Long positioning is preferred for asymmetric opportunities where the downside is relatively limited and the upside is not fully understood by the market, such as restructurings, spin-offs, and takeover targets [1] - The group occasionally takes positions in the stocks they discuss publicly on Seeking Alpha [1]
Houlihan Lokey: The Rising Star in Investment Banking
The Motley Fool· 2024-12-24 00:00
Our Purpose: To make the world smarter, happier, and richer. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, personal finance education, top-rated podcasts, and non-profit The Motley Fool Foundation. ...
Groupe Dynamite: A Rising Star In Canadian Fast Fashion
Seeking Alpha· 2024-12-23 16:16
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. The information contained herein is for informational purposes only. Nothing in this article should b ...
Liberty Star Minerals reports high-grade gold assays at Red Rock Canyon
Proactiveinvestors NA· 2024-12-19 13:53
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Liberty All-Star® Growth Fund, Inc. November 2024 Monthly Update
Prnewswire· 2024-12-13 21:22
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][2]. Monthly Performance - The net asset value (NAV) at the beginning of November was $5.96, with a market price of $5.56, reflecting a discount of 6.7%. By the end of the month, the NAV increased to $6.35, while the market price rose to $5.87, resulting in a discount of 7.6% [2]. - The fund achieved a performance of 8.72% for the month and 20.25% year-to-date, while the market price performance was 7.73% for the month and 21.05% year-to-date [2]. Holdings Overview - Total net assets at month-end were $384.8 million, with $383.6 million invested in equities, indicating a 99.7% investment rate [2]. - The top 20 holdings constituted 39.1% of the equity portfolio, with NVIDIA Corp. at 3.9%, Apple, Inc. at 3.0%, and Amazon.com, Inc. at 2.9% [3]. Sector Breakdown - The sector allocation of the equity portfolio is as follows: Information Technology (28.4%), Industrials (17.6%), Health Care (16.5%), Financials (14.2%), Consumer Discretionary (9.9%), Communication Services (5.7%), Consumer Staples (4.2%), Real Estate (1.9%), Materials (0.9%), and Energy (0.7%) [4]. New and Liquidated Holdings - New holdings added during the month include Block, Inc., GE Vernova, Inc., GoDaddy, Inc., Sprouts Farmers Market, Inc., and VSE Corp. [4]. - Holdings liquidated include AbbVie, Inc., Advanced Micro Devices, Inc., and ASML Holding N.V. [5].
Liberty All-Star® Equity Fund November 2024 Monthly Update
Prnewswire· 2024-12-13 21:21
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][2]. Top Holdings - The top 20 holdings represent 34.5% of the equity portfolio, with Microsoft Corp. at 4.0%, NVIDIA Corp. at 3.7%, and Amazon.com, Inc. at 2.7% [2]. Monthly Performance - The net asset value (NAV) at the beginning of November was $7.07, with distributions of $0.18 on November 15, leading to an end-of-month value of $7.34. The performance for the month was 6.38%, and year-to-date performance was 20.39% [2][5]. Net Assets and Sector Breakdown - As of the end of November, total net assets were $2,096.4 million, with 99.6% invested in equities. The sector breakdown includes Information Technology (22.5%), Financials (21.3%), and Health Care (14.5%) [5]. Market Price and Discount - The market price of the fund was $7.03, reflecting a discount of -0.6% to the NAV. The market price at the end of the month was $7.30, with a discount of -0.5% [4].