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ProCap Financial's “Attack Mode" Shrinks Discount to NAV as Company Aggressively Repurchases Shares
Businesswire· 2026-02-27 12:30
NEW YORK--(BUSINESS WIRE)--ProCap Financial, Inc. (Nasdaq: BRR), the first publicly traded agentic finance firm, today announced it repurchased 159,904 shares of its common stock in the open market yesterday. The repurchases were done at an approximate 25% discount to Net Asset Value ("NAV"). †Our strategy is working,†said Anthony Pompliano, Chairman and CEO of ProCap Financial. "We have been aggressively repurchasing our shares at a significant discount to NAV, which has helped to close the N. ...
SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2025
Prnewswire· 2026-02-27 12:30
Core Insights - Sunstone Hotel Investors, Inc. returned over $170 million to common stockholders in 2025 through dividends and share repurchases, and restored a $500 million repurchase authorization [1][15]. Financial Performance - **Fourth Quarter 2025 Results**: - Net income was $7.2 million, up from $0.8 million, representing a 763.3% increase [6][7]. - Total Portfolio RevPAR increased by 9.6% to $220.12, with an average daily rate of $319.01 and occupancy at 69.0% [6][7]. - Adjusted EBITDAre rose by 17.6% to $56.6 million [6][7]. - Adjusted FFO attributable to common stockholders per diluted share increased by 25.0% to $0.20 [6][7]. - **Full Year 2025 Results**: - Net income was $24.6 million, down from $43.3 million, but would have been $33.3 million excluding the loss on the sale of Hilton New Orleans St. Charles [6][7]. - Total Portfolio RevPAR increased by 3.8% to $225.12, with an average daily rate of $317.07 and occupancy at 71.0% [6][7]. - Adjusted EBITDAre increased by 3.0% to $236.6 million [6][7]. - Adjusted FFO attributable to common stockholders per diluted share increased by 7.5% to $0.86 [6][7]. Strategic Developments - The company opened Andaz Miami Beach in May 2025, which is expected to generate significant earnings growth in 2026 [11]. - The company sold the Hilton New Orleans St. Charles for $47 million in June 2025, using proceeds to repurchase shares [12]. - In 2025, the company repurchased $103.6 million of its common and preferred stock, with an additional $7.5 million allocated in early 2026 [13][16]. Capital Structure and Liquidity - As of December 31, 2025, the company had total assets of $3.0 billion, total debt of $930 million, and stockholders' equity of $1.9 billion [20]. - The company completed a Third Amended and Restated Credit Agreement in September 2025, providing a borrowing capacity of $1.35 billion [14]. 2026 Outlook - For 2026, the company expects net income between $21 million and $46 million, with RevPAR growth of 4.0% to 7.0% [22]. - The company plans to invest approximately $95 million to $115 million into its portfolio in 2026 [21]. Dividend Information - On February 26, 2026, the company authorized a cash dividend of $0.09 per share for common stockholders, with additional dividends for preferred stockholders [24][25].
Sterling Metals Expands MEPS Discovery Confirming 400m of East-West Strike
Accessnewswire· 2026-02-27 12:30
TORONTO, ON / ACCESS Newswire / February 27, 2026 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to report additional assay results from its expanded and completed 2025 drilling program at the Soo Copper Project ("Soo Copper" or the "Project") located near Batchewana Bay, Ontario. Results from 6 additional drill holes continue to expand the copper mineralized footprint, while further defining and extending the high-grade bornite zone. ...
ZTEST Electronics Inc. Announces Fiscal 2026 Q2 Results With 19% Year Over Year Revenue Growth
Accessnewswire· 2026-02-27 12:30
NORTH YORK, ON / ACCESS Newswire / February 27, 2026 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE)(OTCID:ZTSTF) is pleased to announce Fiscal 2026 Q2 revenues of $2,481,516, an increase of 19% from the same period last year, with net income increasing over 104% to $425,913. Financial Highlights Three months ended (in thousands of dollars, except per share amounts) Dec 31 2025 Dec 31 2024 Revenue 2,482 2,081 Gross Margin 1,080 830 EBITDA 661 400 Net Income 426 209 Basic Net Income Per Share 0 ...
Paramount Clinches Warner As Netflix Steps Aside
Seeking Alpha· 2026-02-27 12:30
分组1 - Jack Dorsey's Block (XYZ) shares increased by 20% after the company reduced its workforce by nearly 50% due to advancements in intelligent technology [3] - Netflix (NFLX) received a $2.8 billion breakup fee after withdrawing from a deal to acquire Warner Bros. (WBD), with Paramount Skydance (PSKY) making a competing offer valued at $111 billion [4][5] - Despite the gains, Netflix shares are down 12% since the initial agreement with Warner Bros., while Paramount Skydance shares are down 18% [5] 分组2 - Netflix stated that the deal with Warner Bros. was not financially attractive at the price required to match Paramount's latest offer, emphasizing that it was a "nice to have" rather than a necessity [6] - Paramount Skydance is eager to expand and views Warner Bros. as crucial for its turnaround strategy, aiming to create a compelling subscription service [7] - Larry Ellison has personally backed much of the Paramount Skydance deal, enhancing his influence in the media sector [7] 分组3 - DraftKings (DKNG) is expanding its operations to Arkansas, reaching a total of 30 U.S. states [8] - Brinks (BCO) is set to acquire NCR Atleos (NATL) for $6.6 billion [8] - Citigroup (C) plans to integrate Bitcoin into its core banking services within the year [9]
Boralex reports net earnings of $33 million for fiscal 2025 marked by the commissioning of large-scale projects in Canada and the United Kingdom
Globenewswire· 2026-02-27 12:30
Core Insights - Boralex Inc. reported improved financial results for Q4 2025, driven by favorable wind conditions and new project commissioning, although overall annual results declined due to lower short-term electricity contract production [6][7][12]. Financial Results - Q4 2025 power production increased by 18% to 1,800 GWh compared to Q4 2024, while annual production rose by 8% to 6,147 GWh [7][17]. - Revenues from energy sales and feed-in premiums for Q4 2025 reached $241 million, a 6% increase from Q4 2024, while annual revenues decreased by 3% to $796 million [13][17]. - Operating income for Q4 2025 was $68 million, down from $78 million in Q4 2024, and annual operating income decreased to $166 million from $226 million [7][18]. - EBITDA(A) for Q4 2025 was $178 million, up 6% from Q4 2024, while annual EBITDA(A) fell to $552 million from $581 million [7][18]. - Net earnings for Q4 2025 were $26 million, compared to a net loss of $2 million in Q4 2024, while annual net earnings decreased to $33 million from $74 million [7][18]. Development and Construction Activities - Boralex commissioned six new projects in 2025, increasing installed capacity to 3,783 MW, including the Limekiln wind farm in the UK and several battery energy storage systems [6][7]. - Projects totaling 688 MW moved to the secured stage, including solar and battery energy storage projects in the US, Canada, and the UK [7]. - The company secured ministerial approval for the Clashindarroch wind farm extension and a contract for difference for the Sallachy wind farm in the UK [7]. Strategic Outlook - Boralex's 2030 Strategic Plan aims to double installed capacity by 2030 with a focus on growth, diversification, and long-term value creation, supported by $8 billion in investments [19]. - The company continues to expand its portfolio in response to sustained demand for renewable energy, participating in various tender calls in key markets [8][19]. Dividend Declaration - The Board of Directors announced a quarterly dividend of $0.1650 per common share, payable on March 16, 2026 [20]. Corporate Recognition - Boralex received multiple awards in 2025 for its commitment to social responsibility and energy transition, including recognition as one of the best corporate citizens in Canada [9].
Plaintree Systems Inc. Announces Third Quarter Fiscal 2026 Results
Accessnewswire· 2026-02-27 12:30
Core Insights - Plaintree Systems Inc. reported its quarterly statements for the third quarter of fiscal 2026, ending December 31, 2025, indicating significant financial performance metrics [1] Financial Performance - The company has shown a notable increase in revenue compared to the previous quarter, reflecting a strong demand for its products and services [1] - Operating expenses have been managed effectively, leading to improved profit margins [1] - The net income for the quarter has increased, showcasing the company's ability to enhance profitability [1] Market Position - Plaintree continues to strengthen its position in the market, leveraging innovative technologies to meet customer needs [1] - The company is focusing on expanding its product offerings to capture a larger market share [1] Future Outlook - Management has expressed optimism about future growth prospects, citing ongoing projects and potential new contracts [1] - The company is committed to investing in research and development to drive innovation and maintain competitive advantage [1]
Gold Reserve Closes Strategic US$75 Million Financing
Businesswire· 2026-02-27 12:30
PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. ("Gold Reserve†or the "Company†) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce the successful closing of its US$75 million private placement financing (the "Financing†) with a group of primarily strategic investors. The Company issued a total of 24,999,999 common shares ("Common Shares†) at a price of US$3.00 per share. The Financing includes participation from several highly experienced, strategic investors that we expect. ...
Snowflake Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – SNOW
Businesswire· 2026-02-27 12:30
LOS ANGELES--(BUSINESS WIRE)--SNOW Investors Have Opportunity to Lead Snowflake Inc. Securities Fraud Lawsuit with the DJS Law Group. ...
Informa TechTarget Announces Director Change
Businesswire· 2026-02-27 12:30
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget, Inc. (Nasdaq: TTGT), ("Informa TechTarget†or the "Company†), a leading growth accelerator for the B2B Technology sector, today announced that Patrick Martell will become a non-executive director and Chair of Informa TechTarget. Patrick Martell, the New York-based Chief Executive of Informa Markets, will succeed Mary McDowell. Mary's knowledge of Informa and its businesses from her previous non-executive role as Senior Independent Director of Informa. ...