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Frontier Group Holdings, Inc. Names James G. Dempsey as President and Chief Executive Officer
Prnewswire· 2026-01-08 13:00
Core Viewpoint - Frontier Group Holdings, Inc. has appointed James G. Dempsey as President and CEO, indicating a strategic leadership change aimed at capitalizing on future opportunities and maintaining cost advantages [1][2]. Company Leadership - James G. Dempsey has been with Frontier for over a decade and is seen as the right leader to drive the airline forward, focusing on delivering value to customers and long-term shareholder value [2]. Financial Guidance - Frontier updated its fourth quarter 2025 guidance, expecting adjusted diluted earnings per share to be at the higher end of the previously provided range of $0.04 to $0.20 per share, driven by strong revenue performance despite challenges from a government shutdown [3]. Company Overview - Frontier Airlines operates the largest A320neo family fleet in the U.S., known for being among the youngest and most fuel-efficient, and is committed to redefining low-fare travel [4].
Cloopen Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee
Prnewswire· 2026-01-08 12:00
BEIJING, Jan. 8, 2026 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board"), which was formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated December 22, 2025 (the "Proposal"), has retained Kroll, LLC as its financial advisor, and Hogan Lovells as its U.S. legal counsel. The Special Committee is continuing i ...
Acuity (NYSE:AYI) Earnings Call Presentation
2026-01-07 23:00
Company Overview - Acuity Brands Lighting (ABL) net sales were $3612 million in FY25 and $3621 million in LTM Q1'26[46] - Acuity Intelligent Spaces (AIS) net sales were $764 million in FY25 and $948 million in LTM Q1'26[47] Financial Performance - The company's net sales have grown from $17 billion in FY09 to $4538 billion in LTM Q1'26[34, 42] - Adjusted operating profit increased from $196 million in FY09 to $806 million in LTM Q1'26[35, 42] - Adjusted diluted earnings per share increased from $274 in FY09 to $1873 in LTM Q1'26[37] - Free cash flow increased from $72 million in FY09 to $534 million in LTM Q1'26[38, 44] Capital Allocation - The company has repurchased approximately $15 billion of its shares outstanding from the beginning of the 4th quarter of 2020, representing approximately 25% of the then-outstanding shares[31] ABL Performance - ABL Adjusted Operating Profit was $662 million in FY25 and $669 million in LTM Q1'26[23, 46] - ABL Adjusted Operating Profit Margin was 183% in FY25 and 185% in LTM Q1'26[23, 46] AIS Performance - AIS Adjusted Operating Profit was $164 million in FY25 and $206 million in LTM Q1'26[28, 47] - AIS Adjusted Operating Profit Margin was 215% in FY25 and 217% in LTM Q1'26[28, 47]
AZZ Inc. Announces Fiscal Year 2026 Third Quarter Cash Dividend
Prnewswire· 2026-01-07 21:30
FORT WORTH, Texas, Jan. 7, 2026 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors has authorized a third quarter cash dividend in the amount of $0.20 per share on the Company's outstanding shares of common stock. The dividend is payable on February 26, 2026, to shareholders of record as of the close of business on February 5, 2026. While AZZ currently intends to pay regular quarterly cash dividend ...
Compass Diversified Announces Third Quarter and Year-to-Date 2025 Earnings and Conference Call Information
Globenewswire· 2026-01-07 21:10
WESTPORT, Conn., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market branded consumer and industrial businesses, announced today that it plans to report financial results for the third quarter ended September 30, 2025 on Wednesday, January 14, 2026 after market close. The Company has scheduled a conference call at 5:00 p.m. ET to review its third quarter and year-to-date financial results and business outlook. A live webcast of the ...
CHS Reports First Quarter Fiscal 2026 Earnings
Businesswire· 2026-01-07 16:19
Share Key highlights for first quarter fiscal year 2026 financial results: "CHS was well positioned to serve our owners during a strong harvest, contributing to higher performance in our energy segment. However, the ag market overall continues to be challenged both by global market dynamics and a tighter spending environment for farmers,†said Jay Debertin, president and CEO of CHS. "By prioritizing efficiency, diversified supply chains and operational excellence, we continue to be focused on bringing value ...
ReconAfrica Announces C$20 Million Overnight Marketed Offering to Advance Multi-Zone Production Testing at Kavango West 1X, Accelerate Follow-on Appraisal Drilling on Kavango Discovery and Advance Activities at Ngulu Block in Gabon
TMX Newsfile· 2026-01-06 22:59
Calgary, Alberta--(Newsfile Corp. - January 6, 2026) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica" or "Recon") announces an overnight marketed, listed issuer financing exemption private placement offering (the "Offering") of units of the Company (each, a "Unit") at a price of C$0.95 per Unit for aggregate gross proceeds of C$20,000,000. The Offering is led by Research Capital Corporation as the lead underwriter and sole bookrunner, on ...
CTO Realty Growth Announces Full Year Investment Activity and Leasing Update for the Collection at Forsyth
Globenewswire· 2026-01-06 21:54
WINTER PARK, Fla., Jan. 06, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), an owner and operator of high-quality open-air retail centers located predominately in high-growth markets across the Southeast and Southwest, today announced its transaction activities for the full year 2025, and the execution of three new leases at The Collection at Forsyth (the “Center”). Full year 2025 investment activity totals $165.9 million at a weighted average initial cash yield of 9.0 ...
Kuya Announces Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption up to $15 Million
TMX Newsfile· 2026-01-06 12:30
Toronto, Ontario--(Newsfile Corp. - January 6, 2026) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce a "best efforts" brokered private placement, co-led by A.G.P. Canada Investments ULC and Integrity Capital Group Inc., for the issuance of up to 15,000,000 units of the Company (each, a "Unit") at a price of CAD$1.00 per Unit for aggregate gross proceeds of up to CAD$15,000,000 (the "Offering"). The Offering is being completed pursuant ...
TORM plc Occurrence of Threshold Date and Change to the Board
Prnewswire· 2026-01-06 11:13
Core Viewpoint - TORM plc has completed the acquisition of shares from Oaktree Capital Management by Hafnia Limited, resulting in a change in the ownership structure and board composition of TORM [1][2]. Ownership Changes - Oaktree and its affiliates have reduced their ownership stake below one-third of the issued shares, leading to the extinguishment of the B-Director position [2][3]. - The threshold date for this change has been set as January 6, 2026, marking a significant shift in TORM's governance [2]. Board Composition - David Weinstein, the Deputy Chairman and Senior Independent Director, will leave the Board effective immediately due to the change in ownership, but will continue to serve as a Special Advisor [3]. - The Board expressed gratitude for Mr. Weinstein's contributions since 2015, highlighting his invaluable experience [3][4]. Share Structure - Following the redemption and cancellation of B- and C-shares, TORM's share capital will be USD 1,013,327.07, consisting of 101,332,707 A-shares [5][6]. - The voting rights will now consist of 101,332,707 A-shares and one B-share, with the C-share voting rights ceasing as of the threshold date [5].