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X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-11-12 20:25
Big move here from AerodromeExpanding from Base onto ETH and Arc in merger with Velodromezoomer (@zoomerfied):[ ZOOMER ]AERODROME AND VELODROME TO MERGE INTO ONE PROTOCOL, "AERO" AND LAUNCH ON ETHEREUM AND CIRCLE'S ARC - AERODROME HOLDERS TO GET 94.5% OF THE NEW TOKEN WITH VELODROME HOLDERS GETTING 5.5%: DROMOS CONFERENCE ...
X @The Wall Street Journal
Paramount reported growth from its streaming division in its first quarterly earnings report since its merger with David Ellison’s Skydance Media https://t.co/gk0X18ZBQ0 ...
WTA CEO on why a possible merger with ATP is 'a great idea'
CNBC Television· 2025-11-07 19:30
first part and it's what we're pursuing now is the merger of the commercial assets that make up the two tours and I think that aggregation in that case is a great idea. I think if we can go to the marketplace and position ourselves to acquire sponsorships or to acquire media or broadcast rights or to acquire data rights. doing that with those commercial assets combined so that we're selling tennis and and and those buyers don't have to make a choice between Coco or Carlos is a great thing.Um and I think tha ...
WTA CEO Portia Archer Backs Merger With ATP As 'Logical Next Step'
CNBC Television· 2025-11-07 16:03
I am welcomed by Portia Archer, the leader of the WTA CEO, and she's joining me from Saudi Arabia right now that you can't tell from the background. Hi, Portia. Hi Alex.How are you good. I was looking at the results of the WTA finals, which are in Reid. And it struck me that it was sort of been either one three set match after another or just a different compilation of winners during the round robin portion of the finals.And you know, it reminded me again that the women's tour right now is in such a markedl ...
Why Somnigroup (SGI) Stock Is Up Today
Yahoo Finance· 2025-11-06 16:37
Core Insights - Somnigroup's shares increased by 11.1% following the release of strong third-quarter financial results that exceeded expectations and raised full-year guidance [1] - The company's revenue grew by 63.3% year-over-year to $2.12 billion, surpassing analyst forecasts of $2.06 billion [1] - Adjusted earnings per share reached $0.95, exceeding Wall Street's expectations of $0.86, driven by significant growth in direct-to-consumer sales [1] - Somnigroup raised its full-year adjusted EPS guidance to a midpoint of $2.68, enhancing investor confidence [1] Financial Performance - Revenue increased by 63.3% year-over-year to $2.12 billion [1] - Adjusted earnings per share were reported at $0.95, above the expected $0.86 [1] - Full-year adjusted EPS guidance was raised to a midpoint of $2.68 [1] Market Reaction - Somnigroup's shares have shown low volatility, with only 7 moves greater than 5% in the past year, indicating the significance of the recent news [3] - The stock has risen 57.3% since the beginning of the year, reaching a new 52-week high of $87.79 per share [5] - An investment of $1,000 in Somnigroup shares five years ago would now be worth $3,606 [5]
Pinnacle and Synovus Shareholders Vote in Favor of Combining Firms
Businesswire· 2025-11-06 15:30
Nov 6, 2025 10:30 AM Eastern Standard Time Pinnacle and Synovus Shareholders Vote in Favor of Combining Firms Share NASHVILLE, Tenn. & COLUMBUS, Ga.--(BUSINESS WIRE)--At separate meetings held today, shareholders ofPinnacle Financial Partners (Nasdaq/NGS: PNFP) and Synovus Financial Corp. (NYSE: SNV) approved the proposed merger of the two firms. At the Synovus special meeting, preliminary results showed approximately 91.5 percent of the votes cast were in favor of the combination, representing approximatel ...
Black Hills Corp. Reports 2025 Third-Quarter Results and Reaffirms 2025 Adjusted Earnings Guidance
Globenewswire· 2025-11-05 21:18
Core Insights - Black Hills Corp. reported a net income of $24.9 million for Q3 2025, slightly up from $24.4 million in Q3 2024, with diluted EPS of $0.34 compared to $0.35 in the previous year [1][2] - Adjusted EPS for Q3 2025 was $0.45, benefiting from new rates and rider recovery, despite higher financing and depreciation costs [1][3] - The company reaffirmed its 2025 adjusted earnings guidance in the range of $4.00 to $4.20 per share, excluding merger-related costs [5][11] Financial Performance - Year-to-date GAAP EPS increased to $2.58 from $2.52 in 2024, while adjusted EPS rose to $2.68 from $2.52, driven by new rates and favorable weather [2][11] - Total revenue for Q3 2025 was $430.2 million, up from $401.6 million in Q3 2024, with operating income of $78.7 million compared to $75.8 million [18][26] - Operating expenses increased to $351.5 million in Q3 2025 from $325.8 million in Q3 2024, primarily due to higher fuel and maintenance costs [18][26] Strategic Initiatives - The company is advancing a $4.7 billion five-year capital plan focused on safety, reliability, and growth, including the completion of the 260-mile Ready Wyoming transmission expansion project by year-end 2025 [4][5] - Black Hills Corp. is preparing to file a new electric rate review in South Dakota and has secured a settlement for natural gas rates in Nebraska [3][5] - The planned merger with NorthWestern Energy is expected to close in the second half of 2026, enhancing the company's scale and growth opportunities [6][7] Operational Highlights - The Ready Wyoming project is expected to enhance system resiliency and support local economic growth, while the Lange II generation project in South Dakota will replace aging infrastructure [4][9] - The company is negotiating with partners to expand its data center load pipeline to over 3 GW, driven by demand from Microsoft and Meta [5][6] - Electric Utilities' operating income decreased due to milder weather and higher operating expenses, while Gas Utilities' operating income increased due to new rates and rider recovery [23][25][27]
ANYWHERE REAL ESTATE INC. REPORTS THIRD QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-11-04 12:00
Core Insights - Anywhere Real Estate Inc. reported a revenue of $1.626 billion for Q3 2025, an increase of $91 million or 6% year-over-year [4][11] - The company experienced a net loss of $13 million, a decline of $20 million compared to the previous year, resulting in a loss per share of $0.12 [4][11] - The proposed merger with Compass is expected to create a leading platform for real estate services, enhancing innovation and operational efficiency [2][11] Financial Performance - Revenue for Q3 2025 was $1,626 million, up from $1,535 million in Q3 2024, marking a 6% increase [4] - Operating EBITDA decreased to $100 million from $108 million, a decline of 7% [4] - Free Cash Flow was reported at $92 million, down from $99 million year-over-year [4][11] Key Operational Metrics - Closed homesale sides increased by 2% to 193,485 compared to 189,833 in Q3 2024 [4] - The average homesale price rose by 5% to $526,210 from $502,512 [4] - The company welcomed 13 new U.S. franchisees and one international expansion during the quarter [11] Cost Management and Savings - The company achieved $28 million in cost savings in Q3 2025 and is on track to realize $100 million in total cost savings for the year [3][11] - Additional temporary cost controls generated $6 million in savings during the same quarter [11] Market Position and Trends - The combined closed transaction volume increased by 7% year-over-year, outperforming the National Association of Realtors' reported market growth by over 2 percentage points [9][11] - Continued strength in luxury real estate brands, with closed transaction volume increasing by 12% year-over-year [11] Debt and Financial Health - Total corporate debt, net of cash and cash equivalents, stood at $2.5 billion as of September 30, 2025 [12] - The Senior Secured Leverage Ratio was reported at 0.85x, while the Net Debt Leverage Ratio was 6.7x [12]
Commerce Bancshares, Inc. Stock Repurchase Program
Businesswire· 2025-11-03 21:40
Core Viewpoint - Commerce Bancshares, Inc. has announced a share repurchase program allowing for the repurchase of up to 5,000,000 shares of its common stock, reflecting the company's strategy to enhance shareholder value [1] Group 1: Share Repurchase Program - The Board of Directors approved a repurchase program that includes the remaining amount from a prior authorization, allowing for the repurchase of up to 5,000,000 shares [1] - Repurchases may occur through open market purchases, privately negotiated transactions, or other compliant methods, with management having sole discretion over timing and number of shares [1] - The program does not obligate the company to repurchase a specific number of shares and can be suspended, modified, or terminated at any time [1] Group 2: Company Overview - Commerce Bancshares, Inc. is a regional bank holding company with $32.3 billion in assets, offering a full range of banking services through its subsidiaries [2] - The company operates full-service banking facilities across the Midwest and maintains commercial offices in several major cities beyond the Midwest [2] - Commerce Bank, a subsidiary, has a 160-year history of providing financial solutions to individuals and businesses [2] Group 3: Financial Performance - For the third quarter of 2025, Commerce Bancshares reported earnings of $1.06 per share, an increase from $1.01 per share in the same quarter of the previous year [6] - Net income for the third quarter of 2025 was $141.5 million, compared to $138.0 million in the third quarter of 2024 [6] - For the nine months ended September 30, 2025, earnings per share totaled $3.18 [6] Group 4: Merger Activity - FineMark Holdings' shareholders have approved the merger agreement with Commerce Bancshares, marking a significant step in the strategic combination of the two institutions [7] - Over 83% of FineMark's issued and outstanding shares were represented at the special meeting for the merger approval [7]
X @Bloomberg
Bloomberg· 2025-11-03 03:30
Two Singapore property asset managers are mulling a merger that could create one of Asia’s largest real estate firms with more than $150 billion under management, Dow Jones reported on Monday https://t.co/dlCIJXvB2w ...