Vornado's JV Sells 512 West 22nd Street Property for $205M
ZACKS· 2025-08-18 18:16
Key Takeaways Vornado's 55% JV sold a 173,000 sq. ft. office building, 512 West 22nd Street, for $205M.After mortgage loan repayment and expenses, VNO's share of net proceeds from the sale is nearly $38M.VNO anticipates an $11M gain from this deal in Q3 2025, following a major JV sale earlier this year.Vornado Realty Trust (VNO) recently announced that its 55%-owned joint venture (JV) sold 512 West 22nd Street, a 173,000-square-foot Class A office building, for $205 million.Following the repayment of the $1 ...
Southeast Toyota Finance Ranked Highest in Overall Dealer Satisfaction by J.D. Power
GlobeNewswire News Room· 2025-08-18 18:12
Deerfield Beach, Fla., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Southeast Toyota Finance (SET Finance), a captive financial services company driven to deliver an exceptional experience for Toyota customers in the Southeast, has been ranked No. 1 in dealer satisfaction among Captive Mass Market-Prime Automotive Finance Lenders for the third year in-a-row by the J.D. Power 2025 U.S. Dealer Financing Satisfaction Study. “It is an honor to be recognized once again as the highest-ranking captive mass market automotiv ...
Dillard's Q2 Earnings Beat Estimates, Comparable Store Sales Rise 1%
ZACKS· 2025-08-18 18:11
Key Takeaways Dillard's posted Q2 EPS of $4.66, beating estimates and rising 1.5% y/y.Net sales grew 1.6% to $1.513B, with comparable store sales up 1% in the quarter.Retail sales rose 1.5% y/y, with juniors and childrens apparel showing strength.Dillard's Inc. (DDS) posted second-quarter fiscal 2025 results, wherein the bottom line surpassed the Zacks Consensus Estimate while the top line came in line with it. Meanwhile, the company’s sales and earnings increased year over year.Earnings per share (EPS) of ...
RGTI Q2 Secures Funding Amid Weak Sales: Time to Buy, Hold or Sell?
ZACKS· 2025-08-18 18:11
Key Takeaways Rigetti's Q2 revenue declined to $1.8 million from $3.1 million, with gross margin narrowing to 31%.RGTI raised $350 million in equity, ending with $571.6 million in cash and no debt.Rigetti introduced Cepheus-1-36Q, cutting error rates two-fold and eyeing 100+ qubits.Rigetti Computing’s (RGTI) second-quarter 2025 results painted a picture of a company balancing short-term revenue challenges with long-term promise. Revenue came in at $1.8 million, down from $3.1 million in the prior year. Gros ...
Virtus Investment Rewards Shareholders With a 6.7% Dividend Hike
ZACKS· 2025-08-18 18:11
Key Takeaways Virtus Investment raised its quarterly dividend to $2.40 per share, up 6.7% from the prior payout.The firm has hiked its dividend six times in five years, yielding 4.64% at Friday's close.Virtus Investment also maintains a buyback program, with 0.87M shares still authorized for repurchase.Virtus Investment Partners (VRTS) announced an annual hike in its quarterly dividend for the eighth consecutive year. The company declared a quarterly cash dividend of $2.40 per share, indicating a nearly 6.7 ...
GoodRx: After A 30% Surge On The Novo News, Is The Story Just Beginning?
Seeking Alpha· 2025-08-18 18:10
GoodRx Holdings, Inc. (NASDAQ: GDRX ) isn’t a biotech story, as it doesn’t invent new drugs or push them through the FDA. It’s the rails of the U.S. pharmacy system, or the infrastructure that makes the difference betweenI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and cr ...
PrairieSky Royalty: The Smarter Way To Invest In Oil
Seeking Alpha· 2025-08-18 18:03
Group 1 - Many investors are looking to add oil to their portfolios, but traditional oil producers carry inherent risks [1] - Oil royalty companies, such as PrairieSky Royalty, provide a smarter and lower-risk investment alternative in the oil sector [1]
EHI: Discount Remains Narrow As Fund Shifts Toward Lower-Quality Holdings
Seeking Alpha· 2025-08-18 18:01
Core Insights - The Western Asset Global High Income Fund (NYSE: EHI) has maintained a relatively stable discount since the last update, despite a prior rights offering that had widened the discount [2]. Group 1: Fund Management and Strategy - The CEF/ETF Income Laboratory manages portfolios targeting safe and reliable yields of approximately 8% to simplify income investing [2]. - The service offers managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of closed-end funds (CEFs) and exchange-traded funds (ETFs) [2]. - The community consists of over a thousand members focused on identifying the best income ideas, catering to both active and passive investors [2]. Group 2: Analyst Background - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on CEFs and ETFs [3].
Mesa Laboratories Executes Previously-Announced Strategic Financing Plan
Globenewswire· 2025-08-18 18:01
Core Insights - Mesa Laboratories, Inc. has successfully executed its financial strategy by repaying $97.5 million of its 1.375% Convertible Senior Notes due August 2025, utilizing funds drawn from its Credit Agreement [1][2] - The company aims to optimize its capital structure and reduce shareholder dilution while supporting long-term growth [2][5] Financial Performance - The company drew $97.0 million under its Amended and Restated Credit Agreement, increasing the total outstanding balance to $108 million [1] - Interest rate on the Credit Facility is currently 7.18% and is expected to decrease with future Federal Funds Rate reductions, with anticipated interest payments of approximately $2.7 million for Q2 FY 2026 [2][3] Debt Management - Mesa's total net leverage ratio was 3.16 as of June 30, 2025, defined as total debt minus unrestricted cash in excess of $10 million compared to trailing 12 months EBITDA [3] - The company made over $7 million in principal payments in Q1 FY 2026 and expects to make approximately $20 million in principal payments for the remaining quarters of FY 2026 [4] Company Overview - Mesa Laboratories, Inc. is a global leader in designing and manufacturing life science tools and quality control solutions for regulated applications in the pharmaceutical, healthcare, and medical device industries [6]
Texas AG accuses Meta, Character.AI of misleading kids with mental health claims
TechCrunch· 2025-08-18 17:59
Texas attorney general Ken Paxton has launched an investigation into both Meta AI Studio and Character.AI for “potentially engaging in deceptive trade practices and misleadingly marketing themselves as mental health tools,” according to a press release issued Monday.“In today’s digital age, we must continue to fight to protect Texas kids from deceptive and exploitative technology,” Paxton is quoted as saying. “By posing as sources of emotional support, AI platforms can mislead vulnerable users, especially c ...