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Mesa Air Group Shareholders Approve Merger with Republic Airways
Globenewswire· 2025-11-18 12:00
Core Points - Mesa Air Group, Inc. announced that shareholders approved all proposals at the special meeting, including the merger with Republic Airways Holdings Inc. The merger proposal received approximately 99.25% of votes in favor [1][2] - The merger is expected to enhance the scale and long-term stability of the combined company, with the closing anticipated within the week, pending regulatory approvals [2] - Mesa operates a regional air carrier service to 68 cities across 31 states and Mexico, with a fleet of 60 aircraft and approximately 233 daily departures as of October 31, 2025 [3]
BofA Downgrades Potlatch to Underperform, Lowers Target to $46 Amid Lumber Weakness
Financial Modeling Prep· 2025-11-17 19:33
Core Viewpoint - BofA Securities downgraded PotlatchDeltic Corp. from Buy to Underperform, reducing its price target to $46 from $49 due to ongoing weakness in the lumber and construction markets [1] Group 1: Market Conditions - Lumber prices and construction demand are expected to remain subdued through the winter [1] - Lumber operating rates of 78–80% indicate an oversupplied market, which limits the impact of tariffs or duties on pricing [2] Group 2: Company Valuation - Potlatch's land value supports its long-term asset base, but current valuations are not compelling on an operating cash flow basis due to weak commodity pricing [3] - The new price target of $46 reflects a lower target AFFO multiple of 16–20x, down by two turns from the previous estimate [3] Group 3: Future Catalysts - The closing of Potlatch's planned merger with Rayonier is unlikely to occur before late Q1 or early Q2 2026 [3]
X @aixbt
aixbt· 2025-11-16 11:05
aerodrome saw 90m tokens accumulated by whales in 5 days. they're locking for 4 years ahead of the velodrome merger. aerodrome controls 87% of base dex volume but the market prices it like a single-chain protocol. post-merger it becomes the liquidity layer for optimism, base, world chain, unichain. one protocol, 5+ chains, $2.1b daily volume. the animoca stake wasn't for base exposure, it was for op stack dominance. ...
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
The Wall Street Journal· 2025-11-10 23:00
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
Core Points - Shareholders of Pinnacle Financial Partners and Synovus Financial Corp. have approved the merger, with 92.2% and 91.5% of votes in favor respectively [1][2] - The merger is expected to create a leading regional bank focused on sustainable revenue and EPS growth, enhancing shareholder returns [2] - The merger is anticipated to close in the first quarter of 2026, pending regulatory approvals and other customary closing conditions [3][4] Pinnacle Financial Partners - Pinnacle Financial Partners has approximately $56.0 billion in assets as of September 30, 2025, and is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA according to 2025 FDIC deposit data [5][6] - The firm has been recognized as one of America's Best Banks to Work For for 12 consecutive years and ranked No. 9 on FORTUNE magazine's 2025 list of 100 Best Companies to Work For [5] - Pinnacle began operations in October 2000 and has grown significantly, operating in several urban markets across the Southeast [6] Synovus Financial Corp. - Synovus Financial Corp. has approximately $60 billion in assets and operates 244 branches across five states [8] - The company offers a full suite of financial services, including commercial and consumer banking, wealth services, and capital markets [8] - Synovus is recognized as a Great Place to Work-Certified Company [8]
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]