Nuwellis, Inc. to Present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech
Globenewswire· 2025-08-15 12:15
Live video webcast on Thursday, August 21st at 2:40 PM ETMINNEAPOLIS, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company delivering fluid management solutions for critically ill patients, today announced that it will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech being held virtually August 19-21, 2025. Details for the presentation are as follows: Date/Time: Thursday, August 21, 2025 at 2:40 PM ET Presenter: John Erb, President an ...
Aecon Announces Renewal of Normal Course Issuer Bid
Globenewswire· 2025-08-15 12:07
Core Viewpoint - Aecon Group Inc. has received regulatory approval to renew its normal course issuer bid (NCIB), allowing the company to repurchase up to 3,180,767 common shares, representing 5% of its issued shares, from August 19, 2025, to August 18, 2026 [1][2]. Group 1: NCIB Details - The NCIB allows Aecon to purchase common shares for cancellation, with a maximum of 3,180,767 shares, based on a total of 63,615,334 issued shares as of August 7, 2025 [2]. - The previous NCIB, which expires on August 18, 2025, allowed for the purchase of up to 3,126,306 shares, of which 267,700 shares were repurchased at a weighted average price of $19.2650 [3]. - Daily purchases under the NCIB will be limited to a maximum of 104,411 shares, which is 25% of the average daily trading volume over the past six months [4]. Group 2: Funding and Strategy - Aecon plans to fund the share repurchases using existing cash resources or its senior credit facility, viewing the repurchase as beneficial for shareholders [5]. - The actual number and timing of share purchases will be determined by Aecon's management, who may suspend or discontinue repurchases at any time [6]. Group 3: Automatic Securities Purchase Plan - Aecon has established an automatic securities purchase plan with a designated broker to facilitate share purchases during regulatory restrictions or trading black-out periods [7]. - The plan has been pre-cleared by the TSX and will be effective from August 19, 2025 [7]. Group 4: Company Overview - Aecon Group Inc. is a North American construction and infrastructure development company, providing integrated solutions across various sectors including Civil, Urban Transportation, Nuclear, Utility, and Industrial [8].
24/7 Market News: "Our Pipeline Is Roaring" VENU Breaks Out and Expanding National Footprint
Globenewswire· 2025-08-15 12:05
Core Insights - Venu Holding Corporation (NYSE American: VENU) is experiencing significant growth, highlighted by a surge in asset growth, record fan engagement, and expanded national momentum as reported in their Q2 2025 financial results [1][2] Financial Performance - Total assets increased to $242.0 million, a 36% rise or $63.3 million from year-end 2024 [10] - Property and equipment rose by 45% to $199.2 million, indicating active construction across multiple states [10] - Net revenue from amphitheater operations and naming rights for the quarter was $597,712, with the Ford Amphitheater generating $4.7 million in gross receipts from over 35,000 fans [5][10] Strategic Initiatives - The company is focused on four key priorities: expanding markets, completing current developments, increasing FireSuite sales, and unlocking strategic value through naming rights and sale leasebacks [3] - VENU's partnership with Ryan, LLC aims to deliver two new municipalities every quarter, potentially adding $150 to $300 million to the balance sheet with each agreement [6] - The triple-net lease partnership with Sands Investment Group is projected to generate over $100 million in additional annual capital [7] Development Pipeline - VENU has a robust development pipeline with 38 communities in discussions for new projects, including the 20,000-seat Sunset Amphitheater in McKinney, TX, set to open in 2026 [11] - The company is on track to open three outdoor amphitheaters and one indoor venue by 2026, with plans for four more in 2027 [11] Institutional Interest - VENU's market capitalization has surpassed $600 million, marking a transition from micro-cap status and attracting increased institutional ownership [12] - Vanguard Group has disclosed a new position in VENU, holding 861,911 shares, approximately 2.3% of outstanding stock, valued at about $13 million [13][14] Future Outlook - The company anticipates adding over $5 billion in completed project value in the next 36 to 48 months, with expectations of development profit in Q4 2025 and operational profit in Q3/Q4 2026 [15][17]
NEXE Innovations Makes Additional Delivery to ecoBeans Coffee as it Experiences Strong Initial Pickup on Amazon
Globenewswire· 2025-08-15 11:50
Core Insights - NEXE Innovations Inc. has successfully delivered products to ecoBeans Coffee Inc., which has seen a significant increase in revenue since launching on Amazon in April 2025, with revenues more than four times higher than the initial launch period [1] - ecoBeans currently offers two SKUs on Amazon, receiving positive customer feedback, with over 25% of recent orders being repeat purchases [2] - ecoBeans plans to expand its marketing efforts and product line, collaborating with NEXE to explore new SKU development and engaging more retailers [3] Company Overview - NEXE Innovations focuses on providing innovative compostable material solutions and packaging to help businesses achieve sustainability goals, with a patented compostable material that withstands heat, pressure, and water [5] - The flagship product, the NEXE Pod, is a BPI-certified compostable coffee pod compatible with major coffee brewing machines, manufactured at NEXE's facility in North America [5] Market Presence - ecoBeans emphasizes a philosophy of sustainability and connection with the earth, aiming to encourage customers to care for themselves and the planet [4] - The products are available in various retail locations and through ecoBeans' e-commerce website, with plans to expand into the office coffee services market [4]
Partners Value Split Corp. Announces 2025 Semi-Annual Results
Globenewswire· 2025-08-15 11:45
Core Viewpoint - Partners Value Split Corp. reported a net asset value per unit of $157.55 as of June 30, 2025, reflecting a strong financial position and growth in income and comprehensive income compared to the previous year [1][2]. Financial Performance - Income available for distribution for the six months ended June 30, 2025, was $48 million, an increase from $42 million in the prior year, primarily due to higher dividend rates from Brookfield Corporation and Brookfield Asset Management Ltd. [2][4] - Net comprehensive income reached $533 million, significantly up from $159.77 million in the prior period, driven by higher unrealized mark-to-market gains on shares of Brookfield Corporation and Brookfield Asset Management [2][4]. - The fair value of Brookfield Corporation shares was $61.85 as of June 30, 2025, up from $57.45 at the end of 2024, while Brookfield Asset Management shares had a fair value of $55.28, compared to $54.19 at the end of 2024 [2][4]. Investment Holdings - As of June 30, 2025, the Company owned 120 million Class A Limited Voting shares of Brookfield Corporation and 30 million Class A Limited Voting shares of Brookfield Asset Management, which generate cash flow through dividend payments [4][5][6]. - The Company's investment in Brookfield Corporation represents approximately an 8% interest, while the investment in Brookfield Asset Management represents about a 2% interest [5][6]. Dividend Information - The Company reported distributions paid on senior preferred shares and debentures amounting to $16.87 million for the six months ended June 30, 2025, compared to $15.83 million in the prior year [4]. - Income available for distribution to junior preferred and capital shares was $31.39 million, up from $26.55 million in the previous year [4]. Asset Management Overview - Brookfield Corporation is recognized as a leading global investment firm focused on long-term wealth creation across three core businesses: asset management, wealth solutions, and operating businesses [5]. - Brookfield Asset Management Ltd. is noted for managing over $1 trillion in assets across various sectors, including real estate, infrastructure, and private equity [6].
Partners Value Investments Inc. Announces Q2 2025 Interim Results
Globenewswire· 2025-08-15 11:45
TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V, PVF.A) announced today its financial results for the six months ended June 30, 2025. All amounts are stated in U.S. dollars. The Company recorded a net loss of $135 million for the three months ended June 30, 2025, compared to net income of $94 million in the prior year quarter. The decrease in income was primarily due to current period remeasurement losses of $247 million associated with the Co ...
Partners Value Investments L.P. Announces Q2 2025 Interim Results
Globenewswire· 2025-08-15 11:45
TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX: PVF.PR.U) announced today its financial results for the six months ended June 30, 2025. All amounts are stated in U.S. dollars. The Partnership recorded a net loss of $6.2 million for the quarter ended June 30, 2025, compared to net income of $21.6 million in the prior year quarter. The decrease in income was primarily due to unfavorable foreign currency movements as a result of the appreciation o ...
Bread Financial Provides Performance Update for July 2025
Globenewswire· 2025-08-15 11:30
COLUMBUS, Ohio, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated: For themonth endedJuly 31, 2025 For themonth endedJuly 31, 2024 (dollars in millions)End-of-period credit card and other loans$17,59 ...
Nexxen Seeks Authorization for New $20 Million Ordinary Share Repurchase Program
Globenewswire· 2025-08-15 11:30
NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that it is seeking authorization to initiate a new $20 million Ordinary Share repurchase program (“new repurchase program”), which would commence following the completion of its current program. The new repurchase program is intended to capitalize on what the Company believes is a comp ...
180 Degree Capital Corp. and Mount Logan Capital Inc. Provide Update on Proposed Business Combination
Globenewswire· 2025-08-15 11:30
As of August 14, 2025, in excess of 57% of the outstanding shares of 180 Degree Capital have been voted FOR the proposed Business Combination, and in excess of 50% of the outstanding shares of 180 Degree Capital have been voted FOR all other proposals scheduled to be considered at the August 22, 2025 special shareholder meeting As of August 14, 2025, Mount Logan is in receipt of proxies representing votes in excess of the required thresholds to approve the resolutions that are necessary to implement the pro ...