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LGI Homes Introduces Five New Floor Plans at Knights Bridge in Richburg, SC
Globenewswire· 2025-06-17 22:39
Core Insights - LGI Homes, Inc. has launched five new floor plans at Knights Bridge, a new-home community in Richburg, South Carolina, aimed at meeting the growing demand from homebuyers [1][2][3] Product Offerings - The new floor plans include diverse layouts designed to cater to various buyer needs and lifestyles [3] - Homes feature LGI's CompleteHome™ package, which includes premium upgrades such as stainless steel Whirlpool® appliances, granite countertops, and energy-saving features like LED lighting and double-pane Low-E windows [4] Community Features - Knights Bridge offers amenities such as a children's playground, dog park, and covered picnic pavilion, providing a peaceful and convenient living environment near shopping, dining, and the Catawba River [5] Pricing and Specifications - The new floor plans include: - The Blanco: 3 bedrooms, 2 bathrooms, 1,316 square feet, starting at $313,900 [9] - The Cary: 3 bedrooms, 2.5 bathrooms, 1,552 square feet, starting at $321,900 [9] - The Carolina: 3 bedrooms, 2.5 bathrooms, 1,700 square feet, starting at $329,900 [9] - The Avery: 3 bedrooms, 2.5 bathrooms, 1,800 square feet, starting at $338,900 [9] - The Graham: 4 bedrooms, 2.5 bathrooms, 2,218 square feet, pricing to be announced later [9] Company Background - LGI Homes is recognized as a pioneer in the homebuilding industry, operating in 36 markets across 21 states and has closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has received numerous awards for quality construction and customer service [6]
Yorbeau Resources Inc. Announces Election of Directors
Globenewswire· 2025-06-17 22:32
Core Points - Yorbeau Resources Inc. announced the election of its board of directors during the annual general meeting held on June 17, 2025, in Montreal [1] - The nominees received high approval rates, with G. Bodnar Jr. receiving 99.41% of votes in favor, and Marcel Lecourt receiving 98.11% [2] Company Overview - Yorbeau Resources Inc. is a Canadian public company focused on gold and base metal exploration in Quebec, Canada [3] - The company is seeking a partner to further explore and develop its Scott Lake zinc copper deposit near Chibougamau, Quebec [3] - Yorbeau is also continuing exploration on properties in the Detour, Joutel, and Selbaie regions of northwestern Quebec, including the Beschefer property and Selbaie West property [3]
La-Z-Boy (LZB) Lags Q4 Earnings Estimates
ZACKS· 2025-06-17 22:31
Core Insights - La-Z-Boy reported quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $0.93 per share, and down from $0.95 per share a year ago, representing an earnings surprise of -1.08% [1] - The company posted revenues of $570.87 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.21% and up from $553.53 million year-over-year [2] - La-Z-Boy shares have declined approximately 10.7% year-to-date, contrasting with the S&P 500's gain of 2.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.64 on revenues of $502.4 million, and for the current fiscal year, it is $3.23 on revenues of $2.16 billion [7] - The estimate revisions trend for La-Z-Boy is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Furniture industry is currently in the top 38% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Bassett Furniture, another company in the same industry, is expected to report quarterly earnings of $0.15 per share, reflecting a year-over-year change of +179%, with revenues projected at $81.2 million, down 2.7% from the previous year [9]
Axiom Intelligence Acquisition Corp 1 Announces Pricing of $175,000,000 Initial Public Offering
Globenewswire· 2025-06-17 22:30
Company Overview - Axiom Intelligence Acquisition Corp 1 is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company intends to focus its initial search on companies in the European infrastructure industry [2] - The management team includes Richard Dodd (Executive Chairman), Douglas Ward (CEO), Daniel Mamadou-Blanco (President), Rob Dilling Jr. (CFO), and Chris Ackermann (COO), along with independent directors and senior advisers [2] Initial Public Offering (IPO) Details - The company announced the pricing of its IPO of 17,500,000 units at a price of $10.00 per unit, with trading set to begin on June 18, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of the initial business combination [1] - The offering is expected to close on or about June 20, 2025, subject to customary closing conditions, and underwriters have a 45-day option to purchase an additional 2,625,000 units [1] Underwriters - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, while Seaport Global Securities LLC served as the joint book-runner [3]
Michael Burry Saw It Before Anyone Else — Then Estée Lauder's Story Took A Dramatic Turn
Benzinga· 2025-06-17 22:29
Estée Lauder Companies, Inc. EL stock has climbed steadily over the past three months and jumped more than 10% on Monday following the death of Leonard Lauder, a longtime executive and son of founder Estée Lauder. Estée Lauder is Michael Burry's only current long position. Here's what to know: The Details: According to its most recent SEC filing, Burry’s hedge fund Scion Asset Management doubled its stake in Estée Lauder in the first quarter of 2025. Read Next: Sunrun, First Solar Plunge—Solar Stocks Hit Ha ...
Why First Solar Stock Dived by Almost 18% Today
The Motley Fool· 2025-06-17 22:25
Many parts of the U.S. were sunny on Tuesday, but that happy situation didn't extend metaphorically to solar energy stocks. Quite a few took major hits that trading session on the latest developments in the legislative sphere. One of the industry's victims was First Solar (FSLR -17.77%), which went dim with a nearly 18% decline in its share price. That decline was far steeper than the 0.8% slip of the S&P 500 index that day.The tax credits might come to an abrupt endPresident Trump's One, Big, Beautiful Bil ...
Applied Materials Powers The Future Of AI Chipmaking
Seeking Alpha· 2025-06-17 22:22
Core Insights - Applied Materials, Inc. (NASDAQ: AMAT) is essential in the semiconductor industry, as their machines are crucial for chip production, which underpins modern technologies like data centers and self-driving cars [1] Group 1: Company Overview - The stock of Applied Materials faced a decline despite strong performance indicators, highlighting potential market volatility or investor sentiment issues [1] Group 2: Investment Characteristics - The company is characterized by growth in revenue, earnings, and free cash flow, making it attractive for investors seeking steady growth and high free cash flow margins [1]
Beyond Air, Inc. (XAIR) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2025-06-17 22:16
Beyond Air, Inc. (XAIR) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 35.71%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.15, delivering a surprise of 16.67%.Over the last four quarters, the company has surpass ...
Teck Receives Environmental Assessment Certificate for Highland Valley Copper Mine Life Extension
Globenewswire· 2025-06-17 22:07
Core Viewpoint - Teck Resources Limited has received an Environmental Assessment Certificate from the B.C. Government for the Highland Valley Copper Mine Life Extension project, which is expected to enhance the critical minerals supply chain in North America and create significant economic benefits [1][2]. Project Details - The Highland Valley Copper Mine Life Extension (HVC MLE) project aims to extend the mine's operational life to the mid-2040s [3]. - Site preparation work is anticipated to commence soon, with a final construction sanction decision expected in the third quarter of 2025 [2][3]. Economic Impact - The HVC MLE project is projected to generate approximately 2,900 jobs during the construction phase and support around 1,500 direct jobs post-construction [3]. - The ongoing operations of Highland Valley Copper are expected to contribute $500 million in annual GDP [3].
Woodside Energy: The Jewel In The Calcasieu Parish
Seeking Alpha· 2025-06-17 22:06
Group 1 - Woodside Energy (NYSE: WDS) reported impressive first-quarter earnings in early April, leading to a significant stock price increase from $11.54 to the upper $16s over the past couple of months [1] - The stock rally was attributed to positive market reactions following the earnings release, indicating strong investor confidence in the company's performance [1] Group 2 - The investment group The Daily Drilling Report, led by an expert in the oil and gas industry, provides comprehensive investment analysis covering various segments of upstream oilfield activity [1] - The group offers a model portfolio with weekly updates, investment ideas for both U.S. and international energy companies, and technical analysis to identify potential catalysts [1]