Bus

Search documents
Robert Half Named One of The Best Places to Work in the Bay Area
Prnewswire· 2025-06-16 19:35
Core Insights - Robert Half has been recognized as one of the 2025 Bay Area Best Places to Work by the San Francisco Business Times and the Silicon Valley Business Journal, highlighting its strong workplace culture and employee satisfaction [1][3] Company Recognition - The recognition was based on an independent survey of workers in the Bay Area, focusing on key factors such as compensation and benefits, collaborative culture, and management practices [2] Employee Feedback - Lynne Smith, senior vice president of global human resources at Robert Half, emphasized that the recognition reflects the company's people-first workplace culture and commitment to employee development and support [3] Additional Accolades - Robert Half was also named among the Fortune Best Workplaces in the Bay Area 2025 by Great Places to Work® [3] Company Overview - Robert Half is the world's first and largest specialized talent solutions and business consulting firm, providing contract talent and permanent placement solutions across various fields including finance, accounting, technology, marketing, legal, and administrative support [4] Recent Achievements - In the past 12 months, Robert Half, including its subsidiary Protiviti, has been recognized as one of the Fortune® Most Admired Companies™ and one of the 100 Best Companies to Work For [4]
NFI subsidiary New Flyer signs a major contract with New Jersey Transit for up to 750 buses
Globenewswire· 2025-06-16 11:30
Core Viewpoint - NFI Group Inc. has secured a significant contract with New Jersey Transit Corporation for the purchase of up to 750 Xcelsior 60-foot clean-diesel transit buses, marking a major milestone in the company's history of clean-diesel bus procurements [2][3]. Group 1: Contract Details - The contract includes an initial firm order for 200 buses (400 equivalent units) with deliveries starting in 2026, and options for an additional 550 buses (1,100 equivalent units) [3]. - This order has been added to New Flyer's first-quarter 2025 backlog, indicating strong demand for clean-diesel solutions [3]. Group 2: Company Commitment and Partnership - NFI's subsidiary, New Flyer, emphasizes its long-standing partnership with NJ TRANSIT, which is based on trust, innovation, and performance [4]. - NJ TRANSIT operates a diverse fleet, including buses from the NFI family, and relies on a dedicated parts support program to maintain service efficiency [4]. Group 3: Impact on Regional Mobility - NJ TRANSIT provides over 225 million annual passenger trips and operates a fleet of over 3,500 vehicles, playing a crucial role in regional mobility [5]. - The new buses will replace aging vehicles, enhancing service reliability and efficiency across the transit system [5]. Group 4: Technological Advancements - The Xcelsior clean-diesel platform features ultra-low sulfur diesel fuel, next-generation engines, and advanced emissions control systems, designed for high-demand urban environments [6]. Group 5: Company Overview - NFI is a leading global bus manufacturer with a wide range of propulsion-agnostic bus and coach platforms, including electric models, and supports over 100,000 buses and coaches worldwide [9]. - New Flyer is recognized as North America's heavy-duty transit bus leader, actively supporting over 35,000 heavy-duty transit buses currently in service [10].
Private Equity For The People: 3 High-Yield BDCs Yielding Up To 13%
Forbes· 2025-06-15 14:45
Core Insights - Business Development Companies (BDCs) are publicly-traded firms that lend to small businesses and are mandated to return at least 90% of taxable income to shareholders as dividends [3][4] - BDCs offer high yields, with some providing returns up to nearly 13% [2] - The article highlights three specific BDCs that are trading below their net asset value (NAV) while offering substantial dividends [3] BDC Overview - BDCs were created by Congress to serve as new lenders to small businesses, similar to Real Estate Investment Trusts (REITs) [3] - They are characterized by their requirement to distribute a significant portion of their income as dividends, making them attractive for income-focused investors [3] High-Yield BDC 1: BlackRock TCP Capital Corp. (TCPC) - TCPC focuses on middle-market companies with enterprise values between $100 million and $1.5 billion and has a diverse portfolio of 146 companies [4] - The investment mix is primarily in first-lien debt (83%), with 94% of its debt being floating-rate [5] - TCPC has faced challenges, including a recent dividend cut and a high level of non-accrual loans at 12.6% [10][9] High-Yield BDC 2: Crescent Capital BDC (CCAP) - CCAP is associated with Crescent Capital Group and invests in 191 portfolio companies, primarily in first-lien debt (91%) [11][12] - The company has a complex dividend history, with recent changes in special dividends and a focus on undistributed taxable income [13][14] - CCAP is currently trading at a 23% discount to NAV, with an 11% yield on the base dividend [16] High-Yield BDC 3: PennantPark Floating Rate Capital (PFLT) - PFLT targets midsized companies with annual EBITDA between $10 million and $50 million and has a portfolio of 190 companies [17][18] - Approximately 90% of PFLT's portfolio consists of floating-rate first-lien debt [19] - The company pays monthly dividends with a yield of nearly 12%, but its dividend coverage is tight, with a 97% payout ratio [21][20]
Carlyle Secured Lending: Valuation Collapse Makes This BDC A Buy
Seeking Alpha· 2025-06-14 08:41
Group 1 - Carlyle Secured Lending (CGBD) reported Q1 results with a dividend yield of 11.5% and a 16% discount to NAV [1] - The net investment income price yield for CGBD is 11.8%, which aligns with market expectations [1]
NFI Announces Completion of $600 million Second Lien Notes Offering
Globenewswire· 2025-06-13 13:20
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WINNIPEG, Manitoba, June 13, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI, or the Company) a leader in propulsion-agnostic bus and coach mobility solutions, today announced that its subsidiary, New Flyer Holdings, Inc. (the Issuer), has completed its previously announced private offering of $600 million in aggregate principal amount of 9.250% second lien senior secured notes due 2030 (th ...
Ares Capital: I Overestimated This One
Seeking Alpha· 2025-06-13 11:54
Back in late October of 2023, one company, specifically a BDC (business development company), that I decided to look into was Ares Capital Corporation (NASDAQ: ARCC ). I initially found myself attracted to the hefty yield thatCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow an ...
SPAR Group, Inc. (SGRP) Laps the Stock Market: Here's Why
ZACKS· 2025-06-12 22:51
SPAR Group, Inc. (SGRP) closed the most recent trading day at $1.08, moving +1.89% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.24%, while the tech-heavy Nasdaq appreciated by 0.24%. The stock of company has risen by 1.92% in the past month, lagging the Business Services sector's gain of 3.09% and the S&P 500's gain of 6.6%.The investment community will be closely monitoring the performance of SPAR Group, In ...
Capital Southwest Announces Transition to Monthly Regular Dividends and Declares Total Dividends of $0.64 per share for the Quarter Ending September 30, 2025
Globenewswire· 2025-06-11 20:01
DALLAS, June 11, 2025 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce a change to its regular dividend payment frequency from quarterly to monthly beginning in July 2025. In addition, the Company is pleased to announce that its Board of Directors has declared mont ...
NFI Subsidiary Alexander Dennis announces consultation on UK manufacturing strategy
Globenewswire· 2025-06-11 12:20
LARBERT, United Kingdom, June 11, 2025 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leader in propulsion-agnostic bus and coach mobility solutions, announced today that its subsidiary, Alexander Dennis Limited (Alexander Dennis), is entering into a consultation on a new strategy for its United Kingdom (UK) manufacturing operations. The refocused strategy results from the completion of a detailed business review and is intended to adjust the UK business to changing market dy ...
MSC Income Fund: Let's See What The Fed Does First
Seeking Alpha· 2025-06-11 12:15
Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income ...