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Toro Corp. Announces Vessel Acquisition
Globenewswire· 2025-06-11 13:00
LIMASSOL, Cyprus, June 11, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces it has entered into an agreement, through a wholly owned subsidiary, to acquire a 2021-built MR tanker vessel from an unaffiliated third-party for a purchase price of $36.25 million. The Company expects to fund the acquisition with cash on hand. The acquisition is expected to conclude by taking delivery of the vessel during Q2-Q3 2025 and is su ...
Can Prairie Operating Co. Win Big With Its DJ Basin Land Grab?
ZACKS· 2025-06-11 12:56
Key Takeaways PROP added 600 drilling sites and 26,000 BOE/d through its $603M Bayswater acquisition. Post-deal EBITDA is projected at $350-$370M, with free cash flow to fund growth without heavy debt. PROP faces little near-term competition as majors like CVX and CIVI shift focus to other basins.Prairie Operating Co. (PROP) has quickly positioned itself as the most aggressive consolidator in the northern Denver-Julesburg (DJ) Basin. Over the past year and a half, PROP completed three major acquisitions — ...
EQX's AISC Spike Signals Pressure, But H2 Offers Path to Cost Relief
ZACKS· 2025-06-11 12:56
Key Takeaways AISC of Equinox Gold rose 6% in Q1 despite a 76% revenue surge driven by higher gold prices. Higher costs in Brazil and unplanned winter maintenance at Greenstone led to the spike in costs. Los Filos suspension adds $35M in Q2 charges, though EQX sees lower costs as output may ramp in H2 2025.Equinox Gold Corp.’s (EQX) first-quarter results reveal a sharp increase in a critical metric — all-in-sustaining costs (AISC) — a key indicator of cost efficiency in mining. AISC climbed to $2,065 per ...
AppFolio Unveils AI Agents to Transform Performance in Real Estate
Globenewswire· 2025-06-11 12:55
AppFolio Realm-X Performers enable agentic operations across complex workflows, delivering outcomes and a better experience for residents, property managers, owners, and investors AppFolio Realm-X Performers enable agentic operations across complex workflows, delivering outcomes and a better experience for residents, property managers, owners, and investors LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, annou ...
Safe and Green Development Announces Strategic Plan to Unlock Shareholder Value Post-Acquisition
Prnewswire· 2025-06-11 12:52
MIAMI, June 11, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) announces that its wholly owned subsidiary, Resource Group US Holdings LLC ("Resource") is expanding into being able to produce high-value potting media and soil substrates through the implementation of advanced milling technology. Renewal Earth Branded Products (PRNewsfoto/Safe and Green Development Corporation) By leveraging Resource's exclusive license to utilize cutting-edge Microtec milling technology, patent ...
Oceaneering Wins $33M Navy Contract for Submarine Equipment
ZACKS· 2025-06-11 12:51
Key Takeaways OII secured a $33M IDIQ contract to supply submarine systems for the U.S. Navy's Virginia-class fleet. Components include sail racetracks, payload tube platforms and canister support kits with shipping crates. All work will be executed in Chesapeake, VA, supporting Navy readiness and boosting regional defense jobs.Oceaneering International, Inc. (OII) has secured a major firm-fixed-price, indefinite-delivery/indefinite-quantity (“IDIQ”) contract from the United States Navy. Valued at $33,134 ...
J. M. Smucker Earnings: Strategic Mistakes Won't Be Fixed Overnight
Seeking Alpha· 2025-06-11 12:45
Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors. He graduated from the London School of Economics and is interested in finding reasonably priced businesses with sustainable long-term competitive advantages.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of t ...
Buy 3 Streaming Content Providers That Have Appreciated Past Month
ZACKS· 2025-06-11 12:45
Key Takeaways Netflix reaffirmed 2025 guidance and saw 3% EPS estimate growth over 60 days despite economic concerns. Roku's streaming hours soared 82% YoY as its OS became the top-selling TV platform in the U.S. market. Fox posted strong fiscal Q3 results driven by affiliate fees, political ads, and popular primetime content.Streaming content is an audio or video file on the Internet that can be played without being fully downloaded, significantly reducing wait times for online content, depending on the ...
G-III Apparel Doing Great, Tariff Headwind Is Priced In
Seeking Alpha· 2025-06-11 12:45
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Black Hills Corp. Receives Approval For 99 MW Dispatchable Generation Resource in South Dakota
Globenewswire· 2025-06-11 12:45
RAPID CITY, S.D., June 11, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its South Dakota electric utility subsidiary serving South Dakota and eastern Wyoming has received approval from the Wyoming Public Service Commission for a certificate of public convenience and necessity (CPCN) that supports the need for its Lange II Project, a 99 MW dispatchable generation resource in Rapid City, South Dakota. The approval allows commencement of construction of the project, which address ...