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Loews Corporation to Release Second Quarter 2025 Results on August 4, 2025
Prnewswire· 2025-07-15 14:00
Group 1 - Loews Corporation will report its second quarter 2025 financial results on August 4, 2025 [1] - The earnings remarks will include commentary from CEO Ben Tisch and CFO Jane Wang [1] - The news release and earnings remarks will be available on the Loews Corporation website [1] Group 2 - Loews Corporation operates in diversified sectors including insurance, energy, hospitality, and packaging [2] - Additional information about the company can be found on its website [2]
RH-ISAC Releases 2025 CISO Benchmark Report, Showcasing Growth in Retail and Hospitality Cybersecurity
GlobeNewswire News Room· 2025-07-09 14:10
Core Insights - The 2025 CISO Benchmark Report by RH-ISAC emphasizes the retail and hospitality sectors' increasing focus on proactive cybersecurity strategies [1][2] Industry Trends - Ransomware, third-party supply chain attacks, and phishing are identified as the top three threats facing the retail and hospitality sectors [2] - Business continuity and disaster recovery have become the top cybersecurity initiatives for 2025, indicating a shift towards proactive risk management [3] - Smaller organizations are improving their cyber maturity, narrowing the gap with larger companies [3] Financial Insights - Cybersecurity budgets are consistently increasing year-over-year, reflecting a growing commitment to security [3] - There is a reported 25% improvement in average NIST CSF maturity scores from 2024 to 2025, indicating stronger processes [5] - A 12% rise in CISOs reporting directly to senior business leadership suggests that cybersecurity is increasingly recognized as a critical business factor [5] - An 11% increase in spending on third-party security services has been noted, with penetration testing and security operations centers being the most commonly outsourced services [5] Staffing and Collaboration - Nearly 40% of organizations plan to expand their full-time cybersecurity staff, indicating growth in security staffing [5] - There is a growing emphasis on collaboration, collective intelligence, and early warning systems to enhance attack detection and prevention [5]
Caliber Promotes Greg James to Chief Operating Officer
Globenewswire· 2025-07-08 12:00
Company Overview - Caliber (NASDAQ: CWD) is a real estate investor, developer, and manager with over $2.9 billion in managed assets, specializing in hospitality, multi-family residential, and multi-tenant industrial sectors [3]. Leadership Change - Greg James has been promoted to Chief Operating Officer of Caliber, effective July 7, 2025, succeeding Ignacio Martinez [1][2]. - Greg James previously served as COO of Caliber Hospitality Trust and Head of Hotel Asset Management, bringing extensive experience in hotel operations and asset management [2]. Experience and Background - Greg James has over 34 years of experience in the hotel industry, including nearly two decades at Summit Hotel Properties, where he was Senior Vice President of Operations [2]. - His prior experience includes managing a hotel investment portfolio of over 100 assets valued at $3.5 billion across 26 states [2]. Strategic Focus - The company aims to leverage Greg James's expertise to enhance its acquisitions, development, and asset management services, aligning with its goal of efficient capital use and generating positive adjusted EBITDA [2]. - Caliber's competitive advantage lies in investing in overlooked projects, strategies, and geographies, supported by an in-house shared services group for better control and visibility into future investment opportunities [3].
How Hampton Inn Became Hilton's Silent Moneymaker
Bloomberg Originals· 2025-07-07 08:00
- This is the Hampton Inn. The red trimmed sign. The familiar beige box.Inside, a waffle station you man yourself. Crisp sheets. Light switches right where you'd expect.And that little sign that promises 100% satisfaction. Across the world, the aesthetic is pretty similar. So how did one of America's most predictable hotels become one of its most profitable.In the 1950s through the 1970s, there were two types of hotels - full service and motels. Full service offered onsite dining options in addition to othe ...
X @Bloomberg
Bloomberg· 2025-07-02 18:20
Blackstone is buying the rest of hospitality and event business Cvent in a $1.3 billion deal https://t.co/F1asLhG3hT ...
X @The Wall Street Journal
How do you know whether a hotel is aimed at a younger crowd? The pool parties and free-flow cocktails advertised on its website might be the first hint https://t.co/rNyBIpXUvW ...
Seaport Entertainment Group (SEG) Earnings Call Presentation
2025-06-30 14:03
Business Highlights - Completed separation from Howard Hughes on July 31, 2024, becoming an independent publicly traded company[6] - Rights offering generated net proceeds of approximately $166.7 million through the issuance of 7,000,000 shares at $25.00 per share[6] - Internalized food and beverage operations by hiring employees of Creative Culinary Management Company LLC[4] Seaport NYC - The Seaport Neighborhood has 478,000 rentable square feet of mixed-use space[24] - The Rooftop at Pier 17 is a 3,500-person capacity concert venue[24] - The Seaport has a culinary-driven food market with 13 restaurants and 3 bars[24] - 250 Water Street has 547,000 developable square feet[24] - The gross carrying value of the Seaport NYC is $398 million, excluding 250 Water Street[32] - The gross carrying value of 250 Water Street is $96 million[32] Las Vegas - The Las Vegas Ballpark is a 10,000-person capacity stadium[24] - Seaport Entertainment has 100% ownership of the Las Vegas Aviators, a Triple-A MiLB team[24] - Seaport Entertainment has an ownership interest in and to 80% of the Fashion Show Mall Air Rights[24] - The gross carrying value of the Las Vegas Ballpark is $132 million[77] Financial Position - Pro forma for the Rights Offering, Seaport Entertainment has more than $190 million of cash and cash equivalents[96] - Total debt plus preferred equity is $113 million[100] - Net debt plus preferred equity is negative $78 million[100] - Pershing Square owns approximately 40% of Seaport Entertainment Group[102]
X @Forbes
Forbes· 2025-06-30 07:00
A driving force at the helm of Hilton’s global marketing, brand, partnerships, digital innovation and loyalty strategy, Weinstein’s influence is shaping the future of hospitality. https://t.co/12YUOu7eL1 #ForbesCMO (Photo: Hilton) https://t.co/e8eZ3GsBQW ...
9 Under-the-Radar Tech Stocks With Incredible Growth Potential
The Motley Fool· 2025-06-25 09:10
Core Insights - The article emphasizes the importance of exploring lesser-known tech stocks for investment opportunities, highlighting companies with significant growth potential outside of the major players like Apple and Microsoft [2][3] Group 1: Company Highlights - **DoorDash**: The company has expanded its advertising services with AI-powered tools to help businesses enhance their presence on the platform. It also acquired the adtech platform Symbiosys to improve advertising across multiple digital channels [5][6][7] - **Sea Limited**: This Singapore-based company operates in digital entertainment, e-commerce, and financial services, reporting a revenue of $4.8 billion in Q1, up 29.6% year-over-year, and profits of $2.2 billion, up 43.9% [9][10] - **Airbnb**: The platform has facilitated over 2 billion stays since its inception in 2007, and despite recent growth slowdowns, it continues to show solid performance, with notable investment from Ark Invest [11][12] - **Coinbase Global**: The platform manages $328 billion in assets and has a quarterly trading volume of $393 billion, positioning itself as a key player in the cryptocurrency market [13][14] - **Snowflake**: The cloud-based data platform reported $1 billion in revenue in Q1, up 26% year-over-year, and estimates its market opportunity will grow from $170 billion in 2024 to $355 billion by 2029 [15][16] - **Robinhood Markets**: The platform manages $255 billion in assets, up 89% from the previous year, and serves 25.9 million customers, reflecting a 7% increase [17][18] - **Marvell Technology**: The company reported a record revenue of $1.89 billion in Q1, driven by increased demand for AI infrastructure [19][20] - **Cloudflare**: The cybersecurity company operates a massive network with servers in 330 cities and 125 countries, capable of reaching 95% of the global population within 50 milliseconds [21][22] - **Block**: Formerly known as Square, the company has evolved to focus on blockchain and Bitcoin, offering various financial services including Bitcoin mining and wallets [23][24]
Breakout in progress on Toast, says Josh Brown
CNBC Television· 2025-06-24 17:27
You know, there's another stock that's uh been doing well. It's uh Toast is your That's your stock, too. It's up four and a half% this week.20 almost 22% uh year to date. You got a you got a breakout on your hands, right. Yeah.$25 billion market cap. This is uh recently added to my best stocks in the market list. We wrote it up for CNBC Pro the other day.This is a stock that's about to make a 52- week high in my opinion. 45 had it hit in the middle of May, backed off on low volume. That's exactly the setup ...