FORT LAUDERDALE, Fla., May 21, 2025 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN) today announced that, through its captive finance company, it completed its inaugural asset-backed securitization, generating $700 million in funding for its automobile loan portfolio at a weighted-average fixed interest rate of 4.90%."I am very pleased with our first ABS transaction," said Mike Manley, Chief Executive Officer of AutoNation. "Strong demand enabled us to deliver a great result – the final interest rate was compet ...

Group 1 - Crown Castle Inc. will have a presentation at Nareit's REITweek: 2025 Investor Conference on June 4, 2025, at 2:45 p.m. Eastern Time [1] - The presentation will be led by Dan Schlanger, Interim President and CEO, and Sunit Patel, Executive Vice President and CFO, and is expected to last approximately 30 minutes [1] - The live audio webcast of the presentation will be available on Crown Castle's website and archived for replay for 30 days [1] Group 2 - Crown Castle owns and operates over 40,000 cell towers and approximately 90,000 route miles of fiber across major U.S. markets [2] - The company's infrastructure supports small cells and fiber solutions, connecting cities and communities to essential data and wireless services [2] - Crown Castle's portfolio plays a crucial role in delivering information, ideas, and innovations to businesses and individuals [2]

Core Viewpoint - Nanobiotix is making significant progress in its clinical development programs, particularly with JNJ-1900 (NBTXR3), and is optimistic about upcoming milestones in cancer treatment [2][5]. Operational Highlights - The company is advancing the NANORAY-312 program in head and neck cancer and has expanded development into lung cancer through the CONVERGE study [2][6]. - The first patient has been dosed in the Phase 2 randomized CONVERGE study for unresectable stage 3 non-small cell lung cancer (NSCLC) [6][7]. - Clinical data presented at major conferences supports the expansion of JNJ-1900 into additional cancer indications, including lung cancer and locally advanced pancreatic cancer [2][6][7]. Financial Updates - As of March 31, 2025, Nanobiotix reported cash and cash equivalents of €39.8 million, which is expected to fund operations into mid-2026 [5][6]. - An amendment to the global licensing agreement for JNJ-1900 has extended the cash runway and reduced operational cash burn [6][7]. Product Overview - JNJ-1900 (NBTXR3) is a novel oncology product utilizing hafnium oxide nanoparticles, designed to induce tumor cell death when activated by radiotherapy [8][9]. - The product is being evaluated across multiple solid tumor indications and has received Fast Track designation from the FDA for specific cancer treatments [9][10]. Collaboration and Strategy - Nanobiotix has engaged in collaborations to expand the development of JNJ-1900, including a partnership with MD Anderson Cancer Center for various clinical studies [10][11].

Core Insights - AMSC reported strong financial results for the fourth quarter and fiscal year ended March 31, 2025, highlighting significant revenue growth and a return to profitability [1][6]. Financial Performance - Revenues for the fourth quarter of fiscal 2024 were $66.7 million, a 59% increase from $42.0 million in the same period of fiscal 2023, driven by organic growth in New Energy Power Systems and contributions from the acquisition of NWL, Inc. [2] - For fiscal 2024, total revenues reached $222.8 million, up 53% from $145.6 million in fiscal 2023, attributed to higher D-VAR and NEPSI revenues along with NWL's contributions [4][9]. - AMSC's net income for the fourth quarter was $1.2 million, or $0.03 per share, compared to a net loss of $1.6 million, or $0.05 per share, in the same quarter of fiscal 2023 [3]. - The company's net income for fiscal 2024 was $6.0 million, or $0.16 per share, a significant recovery from a net loss of $11.1 million, or $0.37 per share, in fiscal 2023 [5]. Operational Highlights - AMSC achieved its strongest quarterly and annual performance in years, with net income surpassing $1.2 million for the fourth quarter, marking the third consecutive quarter of profitability and the seventh consecutive quarter of positive operating cash flow [6]. - The company secured $75 million in new orders, bringing total year-end orders to a record of nearly $320 million, indicating a resilient and diversified order pipeline [6]. Business Outlook - For the first quarter ending June 30, 2025, AMSC expects revenues to be in the range of $64.0 million to $68.0 million, with net income anticipated to exceed $1.0 million, or $0.03 per share [7]. - The company's non-GAAP net income for the first quarter is expected to exceed $4.0 million, or $0.10 per share [7]. Cash Position - As of March 31, 2025, AMSC reported cash, cash equivalents, and restricted cash totaling $85.4 million, reflecting a solid balance sheet [5].

Core Points - Uniti Group Inc. will have its President and CEO, Kenny Gunderman, presenting at the TD Cowen 53rd Annual Technology, Media and Telecom Conference on May 28, 2025, at 9:40 AM EDT in New York, NY [1] - A live webcast of the event will be available on Uniti's Investor Relations website, with a replay option for a limited time after the presentation [2] - Uniti is an internally managed real estate investment trust focused on acquiring and constructing critical communications infrastructure, owning approximately 147,000 fiber route miles and 8.8 million fiber strand miles across the United States as of March 31, 2025 [3]

Group 1 - TEGNA Inc. shareholders approved all Board of Directors' proposals at the 2025 annual meeting [1] - Board chair Howard D. Elias, CEO Mike Steib, and several independent directors were re-elected [1] - Karen H. Grimes retired from the Board after five years of service [2] Group 2 - Shareholders approved the compensation of named executive officers on an advisory basis [3] - PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the 2025 fiscal year [3] Group 3 - TEGNA operates 64 television stations in 51 U.S. markets, reaching over 100 million people monthly [4]

Core Viewpoint - Trio Petroleum Corp has successfully acquired additional petroleum and natural gas properties from Novacor Exploration Ltd, positioning the company for growth in the heavy oil sector of Lloydminster, Saskatchewan, which is recognized for its potential in long-term production and reserve growth [1][2]. Acquisition Details - The acquisition includes the remaining Novacor TWP47 assets located in the South-West quarter of Section 19, Township 47, Range 26W3M, and the Northeast Section 3, Township 48, Range 24W3M, both in the Lloydminster area [2]. - The total purchase price for the acquisition was US$650,000 in cash and 526,536 shares of common stock, with an initial good faith deposit of $65,000 [6]. Production and Operational Insights - There are currently seven producing wells on the acquired properties, with production from Section 19 subject to Freehold Royalties of 13.5% and a GORR of 2%, while Section 3 has Freehold Royalties of 15% [2]. - Novacor, as the operator, has the capability to rapidly double production, and the area is home to major industry players, indicating a competitive environment for heavy oil production [2]. Cost Management and Efficiency - Novacor's current lift cost is CDN $10.00 per barrel, which is considered competitive and is expected to help maintain profitability even in lower oil price environments [4]. - The company emphasizes its commitment to cost management and efficient production techniques, which are believed to provide a significant advantage in navigating market fluctuations [4]. Strategic Growth Plans - Trio plans to aggressively expand its footprint in the area, leveraging Novacor's operational efficiencies, and aims to deliver consistent value to shareholders through disciplined operations and cost management [5]. - The immediate plan includes initiating a workover program to increase production on the newly acquired assets, with expectations of reflecting benefits in the upcoming quarters [5].

Core Viewpoint - Beyond Oil Ltd. successfully closed a brokered private placement, raising gross proceeds of C$10,641,615.60, which will be used to support global expansion initiatives and enhance product distribution [1][3]. Group 1: Investment Details - The private placement was led by Clal Insurance Company Ltd., a major institutional investor in Israel, along with an Israeli-based investment fund [2]. - A total of 3,042,200 units were issued at a price of C$3.498 per unit, with each unit consisting of one common share and warrants [3][9]. - The company paid aggregate cash compensation of C$224,641.56 in connection with the offering [4]. Group 2: Strategic Implications - The investment from Clal validates Beyond Oil's technology and business model, providing necessary capital for expansion [3]. - Beyond Oil has committed to completing an uplisting to a senior exchange in Canada or the United States within the next six months [6]. Group 3: Company Overview - Beyond Oil Ltd. focuses on food-tech innovations aimed at reducing health risks associated with fried food, improving sustainability, and lowering operational costs [1][7]. - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused oil in various food service settings [7].

Group 1 - IAC will participate in the 53rd Annual TD Cowen Technology, Media and Telecom Conference on May 29, 2025, with CFO Christopher Halpin scheduled for a fireside chat at 9:05 a.m. ET [1] - A live audio webcast and replay of the fireside chat will be available to the public on IAC's investor relations website [1] Group 2 - IAC is a company that builds and evolves businesses, having emerged from a single seed over two decades ago into 10 independent, publicly traded companies [2] - The company is guided by principles of financially-disciplined opportunism and is currently comprised of category-leading businesses such as Dotdash Meredith and Care.com, along with strategic equity positions in MGM Resorts International and Turo Inc. [2] - IAC is headquartered in New York City [2]

Core Viewpoint - NaaS Technology Inc. has received a Notice of Non-Compliance from Nasdaq due to the late filing of its annual report for the fiscal year ended December 31, 2024, but this does not immediately affect its listing or trading status on Nasdaq [1][2]. Compliance and Regulatory Summary - The Notice indicates non-compliance with Nasdaq Listing Rule 5250(c)(1), which mandates timely submission of periodic financial reports to the U.S. Securities and Exchange Commission [2]. - NaaS has 60 calendar days from the date of the Notice to submit a compliance plan, and if accepted, may receive an extension of up to 180 calendar days to regain compliance, potentially until November 11, 2025 [3]. Company Commitment and Operations - NaaS is committed to addressing the compliance issue promptly and is working diligently to complete and file its Annual Report as soon as possible [4]. - NaaS Technology Inc. is the first U.S. listed EV charging service company in China and is a subsidiary of Newlinks Technology Limited, focusing on energy digitalization [5]. - The company leverages advanced technology to connect charging supply with demand, enhancing the charging experience for EV users [5][6]. - NaaS also empowers charging stations and operators through data-driven operational optimization, improving efficiency and profitability across the ecosystem [6].