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First Horizon (FHN) 2025 Conference Transcript
2025-06-11 16:25
First Horizon (FHN) 2025 Conference June 11, 2025 11:25 AM ET Speaker0 All right. Up next we have First Horizon. I'll get my usual disclosure out of the way. For important disclosures, please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. The taking of photographs and use of recording devices is not allowed. If you have any questions, please reach out to your Morgan Stanley sales representative. With that, we're delighted to have with us today Brian Jordan, Chai ...
Toppoint Holdings Signs Potentially Transformative MOU with the Municipalidad Distrital de Chancay, Peru to Develop Sustainable Waste Management System
Globenewswire· 2025-06-11 13:00
Aims to Boost Environmental Sustainability and Economic Development in ChancayNorth Wales, PA, June 11, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (NYSE American: TOPP), a publicly traded logistics and infrastructure solutions company, today announced it has entered into an MOU with the Municipalidad Distrital de Chancay, Peru—signaling the start of a potentially transformative partnership. The initial focus of this collaboration is to develop a modern, sustainable waste management system for the rapid ...
GRAFTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating GrafTech International Ltd.
GlobeNewswire News Room· 2025-06-11 01:00
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against GrafTech International Ltd. (NYSE: EAF) on behalf of long-term stockholders following a class action complaint that was filed against GrafTech on January 25, 2024 with a Class Period from February 8, 2019 through August 3, 2023. Our investigation concerns whether the board of directors of GrafTech have breached their fiduciary duties to the ...
Citigroup Increases Provisions for Credit Losses Due to ‘Macro Environment'
PYMNTS.com· 2025-06-10 16:41
Citigroup is reportedly preparing for a potential decline in consumer financial health by putting aside more provisions for credit losses.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“Given the macro environment ...
India Power Generation Engines Industry Report 2025: $1.7 Bn Market Trends, Regional insights, Competition, Forecast & Opportunities, 2021-2031 - Cummins and Mahindra Leading Innovations
GlobeNewswire News Room· 2025-06-10 13:37
Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "India Power Generation Engines Market, By Region, Competition, Forecast & Opportunities, 2021-2031F" has been added to ResearchAndMarkets.com's offering. The India Power Generation Engines Market was valued at USD 1.20 Billion in 2025 and is expected to reach USD 1.70 Billion by 2031, rising at a CAGR of 5.81% This market is witnessing robust expansion driven by increasing energy demands arising from urbanization and industrialization. Power generation engines ...
宁夏建材: 宁夏建材环境信息披露管理办法
Zheng Quan Zhi Xing· 2025-06-10 10:28
第四条 公司董事、高级管理人员应当忠实、勤勉地履行职责,保证披 露的环境信息真实、准确、完整,信息披露及时、公平。 宁夏建材集团股份有限公司 环境信息披露管理办法 第一章 总则 第一条 为进一步加强宁夏建材集团股份有限公司(以下简称"公司") 环境信息披露工作管理,积极履行保护环境的社会责任,根据《环境保护 法》、《大气污染防治法》、《企业单位环境信息公开管理办法》以及《上 海证券交易所上市公司环境信息披露指引》、《宁夏建材集团股份有限公 司章程》(以下简称《公司章程》)、《宁夏建材集团股份有限公司信息 披露管理制度》等相关规定,制订本办法。 第二条 公司环境信息披露工作由董事会统一领导和管理,证券部门为 环境信息披露事务管理部门,具体开展公司环境信息披露事务。 第三条 公司应当真实、准确、完整、及时地披露相关环境信息,不得 有虚假记载、误导性陈述或者重大遗漏。 第五条 公司环境信息披露责任部门为证券部门、安全环保部,责任人 员为上述部门负责人及部门分管领导。 负责公司环境保护的安全环保部门及其分管领导应积极、主动与证券 部门沟通,及时提供公司应披露的环境信息,配合证券部门做好环境信息 披露工作。 第二章 应 ...
JBDI Holdings Regains Compliance with Nasdaq's Periodic Filing Requirement
Globenewswire· 2025-06-09 20:15
Core Viewpoint - JBDI Holdings Limited has regained compliance with Nasdaq's periodic filing requirements, allowing the company to focus on delivering long-term value to shareholders [1][2]. Company Overview - JBDI Holdings Limited is a leading provider of environmentally friendly and efficient products and services, specializing in the revitalization, reconditioning, and recycling of drums and related containers in Singapore and Southeast Asia [3]. - The company has nearly four decades of industry experience and is known for its quality and reliability, offering a wide range of reconditioned steel and plastic drums, new containers, and ancillary services [3]. - JBDI's mission is to help customers achieve a zero environmental impact footprint while optimizing resource allocation and reducing costs [3]. Recent Developments - On June 5, 2025, JBDI filed its unaudited condensed consolidated financial statements for the six-month periods ended November 30, 2024, and 2023 with the Securities and Exchange Commission [2]. - The CEO, Mr. Lim Chwee Poh, expressed satisfaction in regaining full compliance with Nasdaq's listing requirements, emphasizing the company's focus on shareholder value [2].
3 Shipping Stocks Worth Betting on Despite Industry Challenges
ZACKS· 2025-06-09 14:50
Core Viewpoint - The Zacks Transportation - Shipping industry is currently facing significant challenges due to high inflation, tariff-related tensions, and ongoing supply-chain disruptions, compounded by geopolitical and environmental issues [1] Industry Overview - The industry is cyclical and primarily involved in the marine transportation of liquefied natural gas and crude oil under long-term, fixed-rate contracts with major energy and utility companies [3] - The shift in the e-commerce landscape due to COVID-19 has led shippers to increasingly rely on third-party logistics providers, indicating a direct correlation between the industry's health and the overall economy [3] Shipping Industry Trends - Supply-chain disruptions and high operational costs continue to negatively impact shipping stocks, with increased costs expected to persist due to ongoing issues like the Red Sea crisis [4][5] - Tariff uncertainties remain a concern, as the shipping industry is likely to experience a demand slowdown until a long-term trade deal is established, leading to potential disruptions in trade routes [6] - Environmental challenges are significant, with the shipping industry being a major contributor to greenhouse gas emissions. The International Maritime Organization aims for a 20% reduction by 2030, but current disruptions may hinder progress [7] Industry Performance - The Zacks Transportation - Shipping industry ranks 171 within the broader Zacks Transportation sector, placing it in the bottom 30% of 244 Zacks industries, indicating poor near-term prospects [8][9] - The industry's earnings estimates for 2025 have decreased by 26.6% year-over-year, reflecting analyst pessimism regarding earnings growth [10] - Over the past year, the industry has underperformed the S&P 500, declining by 33% compared to the S&P 500's increase of 11.9% [11] Current Valuation - The industry is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 6.37X, significantly lower than the S&P 500's 21.94X and the sector's 14.09X [14] Investment Opportunities - FLEX LNG Ltd. (FLNG) is highlighted for its strong demand for LNG and commitment to shareholder dividends, with a Zacks Rank of 1 and a projected 8% increase in 2026 earnings [17] - Euroseas Limited (ESEA) benefits from profitable contracts and maintains a time charter equivalent rate exceeding $30,000 per day, currently holding a Zacks Rank of 2 with a 2.1% increase in 2025 earnings estimates [20] - KNOT Offshore Partners (KNOP) specializes in shuttle tankers for crude oil transport and has consistently surpassed earnings estimates, currently holding a Zacks Rank of 2 [23]
GrowGeneration Acquires Viagrow, Expands into Big Box Retail and the Home Gardening Market
Globenewswire· 2025-06-09 12:00
Core Insights - GrowGeneration Corp. has announced the acquisition of Viagrow, a domestic supplier of gardening and hydroponic equipment, to enhance its presence in the home gardening and big box retail segments [1][3][5] - Viagrow generates annual revenues of $3 million and offers a range of eco-friendly gardening supplies distributed through major retailers and e-commerce platforms [2][8] - The acquisition aims to diversify revenue streams, enhance GrowGen's proprietary brand portfolio, and strengthen its leadership in the controlled environment agriculture (CEA) industry [3][10] Company Overview - GrowGeneration is the largest specialty retailer of hydroponic and organic gardening products in the United States, offering thousands of products including nutrients, additives, and environmental control systems [6] - The company operates an online superstore and a wholesale business, catering to both cultivators and resellers [6] Strategic Implications - The acquisition is seen as a transformational step for GrowGen, allowing it to expand into the rapidly growing home gardening and big box retail sectors [5] - It supports the company's strategy to drive higher-margin growth through proprietary brands and broadens its customer base across multiple channels [5][10] - The deal is expected to be accretive to gross margin in FY2025, with a goal of achieving 30%+ margins through private-label expansion [10]
Allied Releases Environmental, Social and Governance Report
Globenewswire· 2025-06-09 11:25
Core Insights - Allied Properties Real Estate Investment Trust published its 2024 Environmental, Social and Governance (ESG) Report, highlighting its commitment to sustainability and operational performance [1] Environmental Initiatives - In 2024, Allied set near- and long-term greenhouse gas (GHG) emissions reduction targets for its rental and development portfolios, validated by the Science Based Targets initiative (SBTi) in May 2025 [2] - The company achieved its five-year environmental reduction targets and was recognized by Sustainalytics as one of the ESG Top-Rated Companies [2] - The percentage of Allied's portfolio certified to LEED and/or BOMA BEST increased from 41% in 2023 to 48% in 2024 [2] Social Performance - Allied's Net Promoter Score increased by 30% from 2023, surpassing the industry average by 150% [3] - The company launched its 2024+ Equity, Diversity and Inclusion (EDI) Roadmap, with 93% of building users rating its commitment to EDI as excellent or good [3] Governance and Reporting Standards - The 2024 ESG Report aligns with the Global Reporting Initiative (GRI) 2021 Universal Standards, SASB Real Estate Standard, Task Force on Climate-related Financial Disclosures (TCFD) recommendations, and the United Nations Sustainable Development Goals [4]