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MCY Outperforms Industry, Trades at Premium: How to Play the Stock
ZACKS· 2025-07-02 14:35
Key Takeaways MCY's top line witnessed a 7.6% CAGR from 2020-2024, backed by higher net premiums earned and other revenues. Net investment income has surged with a 15.7% CAGR over the past five years. MCY's net premiums written are driven by rate increases and rising policy counts in California auto.Shares of Mercury General Corporation (MCY) have gained 27% in the past year, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s growth of 19.8%, 20.4% and 11.7%, respectively. Me ...
Newmark Advises on Recapitalization of Six Million-SF Multi-Market Industrial Portfolio with Blackstone
Prnewswire· 2025-07-02 14:29
Newmark represents Crow Holdings in recapitalization of 25-building Texas and Illinois portfolioNEW YORK, July 1, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the Company advised Crow Holdings on the recapitalization of a six-million-square-foot industrial portfolio with Core+ funds affiliated with Blackstone R ...
X @Unipcs (aka 'Bonk Guy') 🎒
Unipcs (aka 'Bonk Guy') 🎒· 2025-07-02 13:20
RT 🕵️GEM DETECTER🕵️ (@gem_detecter)#USELESS is dominating the top 100-200 capitalization projects and surpassing 99% of utility projects at the current stage. https://t.co/zhviK7DoNN ...
X @Bloomberg
Bloomberg· 2025-07-02 12:06
Brokerages are restructuring in Argnentina after President Javier Milei took away lucrative arbitrage opportunities when he rolled back capital controls https://t.co/rZ3BFdedNy ...
Lelantos Holdings, Inc. Qualifies for OTC Level 2 Quotes, Enhancing Transparency and Investor Access
Globenewswire· 2025-07-02 12:00
TUCSON, Ariz., July 02, 2025 (GLOBE NEWSWIRE) -- via IBN – Lelantos Holdings, Inc. (OTC PINK: LNTO) ("Lelantos" or the "Company"), is pleased to announce its qualification for OTC Level 2 quotations on the OTC Markets platform. This milestone significantly improves visibility, transparency, and real-time market access for current and prospective investors. OTC Level 2 provides a deeper view into market activity by offering real-time bid and ask prices from all market makers quoting the Company's stock. Unli ...
AYR Wellness Provides Update on Senior Note Interest Payment
Globenewswire· 2025-07-02 12:00
The Company does not anticipate that the missed Interest Payment will result in any operational challenges with respect to its business. MIAMI, July 02, 2025 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) ("AYR" or the "Company"), a leading vertically integrated U.S. multi-state cannabis operator, today confirms that it did not make the interest payment due on June 30, 2025 (the "Interest Payment") in connection with the outstanding senior notes (the "Notes") issued pursuant to its Amended ...
Kirby (KEX) Earnings Call Presentation
2025-07-02 11:49
Investor Presentation NYSE: KEX May 2025 Forward Looking Statements Non-GAAP Financial Measures Statements contained in this presentation with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including adverse economic conditions, industry competition and other co ...
QuantGold Launches Qsecore: World’s First SIM-Layer Encryption Platform for Mobile Security
Globenewswire· 2025-07-02 11:30
Following Successful Testing, August Rollout Brings Military-Grade Voice, Messaging, and Data Vault to Mobile UsersKUALA LUMPUR, Malaysia, July 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, today announced the official launch of Qsecore, a breakthrough encryption solution developed under its encryption platfo ...
Black Hills (BKH) Earnings Call Presentation
2025-07-02 11:28
Financial Performance & Growth - Black Hills Corp achieved a solid financial position with a long-term EPS growth target of 4% to 6% off the 2023 base of $3.75 per share[9] - The company targets a 55%-65% dividend payout ratio and has increased its annual dividend for 55 consecutive years[9] - The company is delivering on 2025 earnings guidance, which represents ~5% year-over-year growth, achieving 4%-6% CAGR off 2023 base[11] Capital Investment & Infrastructure - Black Hills Corp has a five-year capital forecast of $4.7 billion for 2025-2029, a 10% increase from the prior five-year plan[11] - The company's capital investment plan includes $2.4 billion for electric utilities and $2.1 billion for gas utilities[93] - The company is undertaking the Ready Wyoming Electric Transmission Initiative, a 260-mile expansion project costing $350 million[33] Data Center & Customer Growth - Black Hills Corp announced 1 GW of data center demand from existing customers, with ~500 MW in the current plan requiring minimal capital[11] - The company expects data center EPS contribution to more than double to 10%+ by 2028[17] - The company's customer count growth is more than double the population growth, with a customer count CAGR of 1.1% from 2019-2024[20, 23] Regulatory & Sustainability - The company is actively executing three to four rate reviews per year, including a filed rate review for Kansas Gas requesting recovery of $17.2 million[11, 18] - Black Hills Corp is committed to reducing GHG emissions intensity 40% by 2030 and 70% by 2040 for electric utilities (2005 baseline)[110] - The company targets Net Zero GHG emissions by 2035 for the natural gas distribution system[110]
X @Bloomberg
Bloomberg· 2025-07-02 11:00
The Middle East’s venture ecosystem is facing a unique paradox https://t.co/FTAAF4FkYH ...