MELVILLE, N.Y., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” or the “Company”) today announced the completion of its repurchase of substantially all outstanding warrants originally issued in July 2021 (the “July 2021 Warrants”). The Company paid an aggregate of $2,049,388 to repurchase warrants exercisable for a total of 858,750 shares of common stock, par value $0.001 per share. The repurchase was conducted under the fundamental transaction provision of the July 2021 War ...

Core Insights - Companies are actively pursuing initiatives to enhance shareholder value through acquisitions, divestments, and partnerships [1][2] Group 1: UOL Group - UOL Group is a property and hospitality group with total assets of approximately S$23 billion, owning a diversified portfolio across multiple regions [3] - The company announced its entry into the student accommodation sector with the acquisition of Varley Park in Brighton, UK, for £43.5 million [3][4] - Varley Park consists of 771 operational beds and is positioned to benefit from the growing student population in the UK [4] - The acquisition is financed through internal resources and external borrowings, aligning with UOL Group's strategy to boost recurring income [4] - UOL Group reported a 22% year-on-year revenue increase to S$1.5 billion and a 58% surge in core net profit to S$205.5 million for the first half of 2025 [5] Group 2: ISOTeam - ISOTeam provides building and maintenance services and has entered a collaboration with design@LOFT (dLOFT) architects to offer one-stop services for factory converted dormitories (FCDs) [6][7] - The collaboration will last for an initial year and is expected to be renewed annually, responding to the increased demand for worker dormitories in Singapore [7][8] - For fiscal 2025, ISOTeam reported an 8.4% year-on-year revenue decline to S$119.2 million and a 21.2% drop in net profit to S$5.1 million [9] Group 3: CapitaLand Ascendas REIT - CapitaLand Ascendas REIT (CLAR) is an industrial REIT with total assets under management of S$16.8 billion, comprising 229 properties across various regions [10] - CLAR announced the divestment of five industrial and logistics properties for S$329 million, representing a 6% premium over market value and a 20% premium to the purchase price [10][11] - The estimated net proceeds of S$313.1 million may be used for debt repayment, working capital, or distributions to unitholders, potentially reducing aggregate leverage from 37.7% to approximately 36.6% [11] Group 4: Frasers Centrepoint Trust - Frasers Centrepoint Trust (FCT) is a retail REIT with a portfolio of nine suburban malls and an office building in Singapore [13] - FCT announced the divestment of 10 strata lots for S$34.5 million, which are located next to Northpoint City [13][14] - The divestment is expected to benefit unitholders by reducing gearing and strengthening the REIT's financial position, with net proceeds of around S$33.8 million [14]

Core Insights - Newmont Corporation (NEM) is focused on enhancing shareholder value through dividends and share repurchases, having returned approximately $2 billion to shareholders since the beginning of 2025 [1][8] Financial Performance - In Q2 2025, NEM achieved a record free cash flow of $1.7 billion, nearly tripling year-over-year and increasing by 42% from the previous quarter, driven by higher net cash from operating activities and reduced capital investment [3][8] - The company has reduced its debt by $1.4 billion in 2025, demonstrating a disciplined capital allocation policy [4][8] Share Repurchase and Dividends - NEM has doubled its share repurchase authorization to $6 billion, with an additional $3 billion program, and has repurchased shares worth $2.8 billion since February 2024, including $1.5 billion in the first half of 2025 [2][8] Market Position and Valuation - NEM's shares have increased by 102.6% year-to-date, outperforming the Zacks Mining – Gold industry, which has risen by 89.6% [7] - The forward 12-month earnings multiple for NEM is 14.14, which is a 3.9% discount to the industry average of 14.71 [10]

Core Viewpoint - Wag! Group Co. has sold its Furscription business to MWI Veterinary Supply Co. to strengthen its financial position and focus on core offerings, reflecting ongoing efforts to maximize shareholder value [1][2][3] Group 1: Transaction Details - The Furscription business was sold for cash considerations, including the brand, e-prescribing technology, and related assets [2] - The transaction closed on July 14, 2025, and involved the transfer of four Wag! employees to MWI [2] Group 2: Strategic Implications - The CEO of Wag! expressed confidence in MWI's ability to enhance Furscription's market potential and emphasized the importance of this transaction in streamlining Wag!'s focus on services and wellness [3] - The sale is part of Wag!'s strategic review aimed at enhancing shareholder value and optimizing capital structure [3] Group 3: Company Background - Wag! Group Co. aims to be the leading platform for pet service, product, and wellness needs in the U.S., having pioneered on-demand dog walking in 2015 [4] - The company operates various platforms, including Petted, Dog Food Advisor, WoofWoofTV, and maxbone, catering to a wide range of pet-related services [4] Group 4: Furscription Overview - Furscription is a digital tool designed to streamline the prescription process for veterinarians, offering features like e-prescribing and prescription management [5] Group 5: MWI Veterinary Supply Co. - MWI is a global provider of veterinary products and services, focusing on innovative solutions that support veterinarians and animal healthcare [6]

Core Viewpoint - Franklin Financial Services Corporation (FRAF) has shown resilience in its stock performance despite a recent decline, reflecting renewed investor confidence driven by solid quarterly results [1] Earnings & Revenue Performance - The company reported a first-quarter 2025 net income of $3.9 million, or 88 cents per diluted share, a 16.7% increase from $3.4 million, or 77 cents per share, in the first quarter of 2024 [2] - Total revenue increased, with net interest income rising 15.2% to $15.6 million from $13.6 million year-over-year, and non-interest income improving 8.9% to $4.6 million, primarily due to higher wealth management fees [3] Balance Sheet Expansion - Total assets grew 12.2% year-over-year to $2.26 billion as of March 31, 2025, with net loans increasing 14% to $1.44 billion, driven by commercial real estate loans [4] - Deposit balances expanded 19.8% year-over-year to $1.87 billion, with significant growth in money management and non-interest-bearing checking accounts [5] Management Commentary - Outgoing CEO Tim Henry attributed the improved performance to previous groundwork, including infrastructure development and disciplined balance sheet management [6] - Henry expressed satisfaction with the strong first-quarter results and emphasized ongoing efforts to enhance efficiency and profitability [7] Performance Drivers - Loan growth of $57.3 million from the end of 2024 necessitated a provision for credit losses of $779,000, reflecting a cautious lending posture consistent with rising loan balances [8] - The yield on interest-earning assets improved to 5.25% from 5.03%, while the cost of interest-bearing liabilities increased to 2.64%, compressing spreads [8] Expense Management - Non-interest expenses rose 9.7% year-over-year to $14.6 million due to higher salaries, data processing, and FDIC insurance costs, but the bank's efficiency remains manageable relative to income generation [9] Dividend and Shareholder Value - The company declared a dividend of 33 cents per share for the second quarter, a 3.1% increase from the first quarter, indicating management's confidence in sustained earnings [10] - An open market repurchase plan for up to 150,000 shares was authorized, reflecting management's intent to enhance shareholder value [12] Future Outlook - With a stable capital base, a growing asset portfolio, and a disciplined expense structure, Franklin Financial is well-positioned for continued growth under new leadership [13]