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Prime Drink Group Announces Management Change
Globenewswire· 2026-02-27 22:15
Core Viewpoint - Prime Drink Group Corp. has appointed Germain Turpin as Interim President and CEO, succeeding Alexandre Côté, who will remain on the Board of Directors and focus on special projects [1][2]. Group 1: Leadership Changes - Germain Turpin brings over 20 years of experience in the water industry in Québec and has previously owned two water assets now held by the Company [2]. - The Board of Directors expressed gratitude to Mr. Côté for his contributions and welcomed Mr. Turpin to his new role [2]. Group 2: Company Overview - Prime Drink Group Corp. is a Québec-based corporation aiming to become a leading diversified holding company in the beverage, influencer media, and hospitality sectors [3].
Essential Declares March 2026 Dividend
Businesswire· 2026-01-23 21:13
Core Viewpoint - Essential Utilities Inc. has declared a quarterly cash dividend of $0.3426 per share, reflecting its long-standing commitment to returning value to shareholders through consistent dividend payments [1] Group 1: Dividend Information - The quarterly cash dividend is payable on March 2, 2026, to shareholders of record on February 9, 2026 [1] - Essential Utilities has a history of paying consecutive quarterly cash dividends for 80 years and has increased its dividend 35 times in the last 34 years [1] Group 2: Company Overview - Essential Utilities, Inc. focuses on delivering safe, clean, and reliable services, primarily in water, wastewater, and natural gas sectors [2] - The company is committed to sustainable growth, operational excellence, and providing a superior customer experience [2] - Essential serves approximately 5.5 million people across nine states under the Aqua and Peoples brands, making it one of the significant publicly traded providers in the U.S. [3]
Ecofin Global Water ESG Fund (EBLU US) - Investment Proposition
ETF Strategy· 2026-01-20 18:43
Core Viewpoint - Ecofin Global Water ESG Fund (EBLU) provides global exposure to companies in the water value chain, focusing on ESG considerations to capture long-term investment needs related to water supply, quality, and efficiency [1] Group 1: Investment Strategy - The fund employs a rules-based strategy that includes utilities, infrastructure owners, equipment manufacturers, and service providers [1] - It aims to create structural growth opportunities that are less affected by traditional sector cycles [1] - Portfolio performance is characterized by a mix of defensive, dividend-oriented utilities and cyclically sensitive industrials, balancing yield and growth [1] Group 2: Market Dynamics - The fund benefits from infrastructure spending, regulatory support, and modernization cycles [1] - It may underperform during periods of sharp style rotations away from quality and defensive characteristics or during interest rate spikes affecting capital-intensive utilities [1] Group 3: Risks - A significant risk for the fund is its concentration in a narrow industry ecosystem, which can heighten idiosyncratic and regulatory risks [1] - Index methodology constraints may also amplify these risks [1]
First Trust Indxx Global Natural Resources Income ETF (FTRI US) - Portfolio Construction Methodology
ETF Strategy· 2026-01-19 20:50
Group 1 - The First Trust Indxx Global Natural Resources Income ETF (FTRI US) targets 50 dividend-paying companies that derive at least 50% of their revenue from upstream energy, materials, agriculture, water, or timber activities [1] - Eligible securities must have positive trailing-12-month EPS, have paid dividends for the past three years, and must not have reduced dividends in the last two years [1] - The index selects the 50 highest dividend-yielding companies, with a limit of 30% for any of the five resource categories [1] Group 2 - Constituents are weighted by free-float market capitalization, with a 9.9% cap per issuer and a 40% cap on the aggregate of stocks above 4.5% [1] - Excess weight is redistributed pro rata among the remaining constituents [1] - The index undergoes reconstitution and rebalancing semi-annually, typically in March and September [1]
The Gross Law Firm Reminds Primo Brands Corporation / Primo Water Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 – PRMB
Globenewswire· 2025-12-31 21:13
Core Viewpoint - The Gross Law Firm is notifying shareholders of Primo Brands Corporation regarding a class action lawsuit due to alleged false statements and poor merger integration with BlueTriton Brands, which negatively impacted financial results [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from June 17, 2024, to November 6, 2025 [3]. - Allegations include that the merger integration was poorly tracked due to technology and service issues, contradicting claims of a "flawless" execution [3]. - Major supply disruptions were reported, which are expected to negatively affect customers and the financial results of Primo Brands [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiff [4]. - Registration allows shareholders to receive updates through a portfolio monitoring software regarding the case [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors from deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
Primo Brands Corporation / Primo Water Corporation Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - PRMB
Prnewswire· 2025-12-18 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Primo Brands Corporation regarding a class action lawsuit due to alleged false statements and poor merger integration with BlueTriton Brands, which has led to significant supply disruptions and negative financial impacts [1][2]. Group 1: Allegations and Class Action Details - The class period for the lawsuit is from June 17, 2024, to November 6, 2025 [1]. - Allegations include that the defendants concealed issues related to the merger integration, specifically technology and service problems, which contradicts their claims of a "flawless" execution [1]. - Major supply disruptions have been reported, negatively affecting customers and the financial results of Primo Brands [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who have suffered losses due to misleading statements [3].
Primo Brands Corporation / Primo Water Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before January 12, 2026 to Discuss Your Rights – PRMB
Globenewswire· 2025-12-08 20:12
Core Viewpoint - The Gross Law Firm is notifying shareholders of Primo Brands Corporation regarding a class action lawsuit related to alleged false statements and poor merger integration with BlueTriton Brands, which has negatively impacted the company's financial results [1][3]. Group 1: Class Action Details - Shareholders who purchased shares of Primo Brands Corporation (NYSE: PRMB) between June 17, 2024, and November 6, 2025, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][3]. - The allegations include that the defendants concealed issues with the merger integration, specifically technology and service problems, and that there were significant supply disruptions affecting customer satisfaction and financial performance [3]. Group 2: Next Steps for Shareholders - The deadline for shareholders to register for the class action and seek lead plaintiff status is January 12, 2026 [4]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].
Essential Utilities Named to Newsweek's List of America's Most Responsible Companies for Fifth Straight Year
Businesswire· 2025-12-03 22:15
Core Insights - Essential Utilities Inc. has been recognized on Newsweek's Most Responsible Companies 2026 list, highlighting its commitment to integrity, respect, and excellence in providing essential resources [1]. Company Overview - Essential Utilities Inc. is one of the largest publicly traded providers of water, wastewater, and natural gas in the United States [1]. - The company emphasizes its dedication to protecting and providing Earth's essential resources [1].
Pennon Group PLC (OTC:PEGRY) Financial Performance Analysis
Financial Modeling Prep· 2025-11-28 01:00
Core Viewpoint - Pennon Group PLC has shown a financial turnaround in the first half of the 2025/26 financial year, despite mixed earnings results and a reduction in interim dividends [2][3][4]. Financial Performance - Earnings per share for Pennon were reported at $0.3677, slightly exceeding estimates of $0.3671 [2][6]. - Revenue was approximately $870.5 million, falling short of the expected $881.1 million [2][6]. - Statutory pre-tax earnings improved to £65.9 million from a loss of £38.8 million in the previous year, indicating a strong financial recovery [3][6]. - Underlying EBITDA surged by 56% to £254.4 million, driven by increased water revenues and better cost management [3]. Dividend and Capital Expenditure - The company announced a nearly 25% reduction in its interim dividend to 9.26p per share, attributed to timing mechanics following a rights issue conducted last year [4]. - Capital expenditure remained high at £304.8 million as the company continued its ambitious K8 investment programme [4]. Financial Ratios - The debt-to-equity ratio stands at 3.14, indicating a significant reliance on debt financing [5]. - The current ratio is 1.51, suggesting a reasonable level of liquidity to cover short-term liabilities [5].
Lost Money on Primo Brands Corporation / Primo Water Corporation(PRMB)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
Globenewswire· 2025-11-19 21:47
Core Viewpoint - The Gross Law Firm is notifying shareholders of Primo Brands Corporation regarding a class action lawsuit related to alleged false statements and poor merger integration with BlueTriton Brands [1][3]. Group 1: Class Action Details - Shareholders who purchased shares of Primo Brands Corporation (NYSE: PRMB) between June 17, 2024, and November 6, 2025, are encouraged to contact the firm for potential lead plaintiff appointment [1][3]. - The allegations include that the defendants concealed issues with the merger integration, specifically technology and service problems, and that there were significant supply disruptions affecting financial results [3]. Group 2: Important Dates and Next Steps - The deadline for shareholders to seek lead plaintiff status is January 12, 2026 [4]. - Shareholders who register will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5].