COLUMBUS, Ohio, May 28, 2025 /PRNewswire/ -- Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that due to family reasons, David Fallon, its CFO since 2017, will retire from his position as CFO once a successor has been named and assumes the role, which is anticipated to occur in the second half of 2025. Mr. Fallon will then serve as a consultant to Vertiv through December 31, 2026 to ensure a smooth transition with his successor. Vertiv Reaff ...

Core Viewpoint - A class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for alleged violations of federal securities laws related to misleading statements made during the acquisition of Mobile Energy Rentals LLC [1] Group 1: Lawsuit Details - The lawsuit claims that Solaris made false and misleading statements regarding the acquisition of Mobile Energy Rentals LLC, which lacked significant corporate experience in mobile turbine leasing [1] - It is alleged that Mobile Energy Rentals did not possess the diversified earnings stream that Solaris promoted to investors [1] - The co-owner of Mobile Energy Rentals is identified as a convicted felon facing fraud allegations in the energy sector, raising concerns about the integrity of the acquisition [1] - Solaris is accused of overstating the commercial prospects from the acquisition and improperly depreciating its turbines to inflate profitability [1]

Core Insights - AgriForce Growing Systems Ltd. has launched a new division, TerraHash Digital, aimed at developing scalable and energy-efficient Bitcoin mining campuses and digital infrastructure solutions [1][2] - The launch coincides with Bitcoin 2025, the largest Bitcoin conference, where the company will present its strategic roadmap and development priorities [2][3] - The CEO of AgriForce emphasized the importance of combining smart energy strategies and decentralized computing to capture long-term value in the digital economy [3] Company Overview - AgriForce is a technology company focused on innovation at the intersection of agriculture, clean energy, and digital infrastructure [5] - The TerraHash Digital division aims to create high-performance Bitcoin mining campuses that support decentralized compute networks while promoting clean energy reuse and sustainable food production [5] Strategic Focus - TerraHash Digital is part of AgriForce's mission to integrate clean energy and sustainable technologies within the Bitcoin ecosystem [4] - The division is designed to scale responsibly, maximizing profitability while delivering community and environmental benefits [5] Infrastructure and Technology - The company plans to implement vertically integrated mining, controlling land, power procurement, and infrastructure deployment [6] - It aims to utilize low-cost power solutions, including stranded natural gas and flare mitigation [6] - The division will focus on post-halving optimization to ensure uptime reliability and sustained hashrate in a high-difficulty environment [6] - Future innovations may include thermal energy reuse for food production and ESG-aligned colocation zones [6]

Core Insights - Infosys has announced a strategic collaboration with E.ON to enhance digital transformation and operational efficiency for over 77,000 employees across Europe [1][2][3] - The partnership will leverage Infosys Topaz, an AI-first offering, to modernize operations and foster innovation through a product-centric and automated approach [2][3] - E.ON aims to transition into a fully digital energy company, focusing on sustainability and AI-driven business value [1][3] Company Overview - Infosys is a global leader in next-generation digital services and consulting, with over 300,000 employees operating in more than 56 countries [4] - The company specializes in helping clients navigate digital transformation powered by cloud and AI, emphasizing an AI-first core and continuous improvement through digital skills transfer [4]

Core Insights - High-yield dividend stocks can provide attractive income but often come with higher risk profiles [1] - Enbridge is highlighted as a more reliable option for dividend income compared to Ford and UPS, which face uncertainties [2][11] Enbridge - Enbridge operates a diversified energy infrastructure platform with stable utility and pipeline operations, generating 98% of its cash flow from cost-of-service or contracted frameworks [4] - The company has maintained its annual financial guidance for 19 consecutive years, demonstrating resilience through economic downturns [4] - Enbridge pays out 60% to 70% of its stable cash flow in dividends and has a strong investment-grade balance sheet, allowing for significant annual investment capacity [5] - The company has a multibillion-dollar backlog of expansion projects and expects to grow cash flow per share at a rate of 3% to 5% annually, supporting continued dividend increases [5] Ford - Ford has a history of inconsistent dividend payments, having suspended its dividend twice in the past due to adverse market conditions [7] - The company aims to return 40% to 50% of its adjusted free cash flow to investors, but its cash flow is projected to decline from $6.7 billion to between $3.5 billion and $4.5 billion this year [8] - Analysts predict that Ford may cut its dividend to $0.12 per share as early as the next quarter due to its uncertain financial outlook [9] UPS - UPS has a strong track record of maintaining or increasing dividends since going public in 1999, emphasizing its commitment to dividend payments [10] - However, UPS's free cash flow has decreased from $2.3 billion to $1.5 billion year-over-year, raising concerns about its ability to sustain its nearly $1.4 billion dividend outlay [10] - The loss of business with Amazon to FedEx has further pressured UPS's margins and earnings growth, making it a riskier option for income-focused investors [10]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Solaris Energy Infrastructure, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on May 27, 2025 [1]. Group 1: Class Action Details - Investors who purchased Solaris Energy securities between July 9, 2024, and March 17, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lead plaintiff must file a motion with the Court by May 27, 2025, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that Solaris Energy made false and misleading statements regarding Mobile Energy Rentals LLC, including its lack of corporate history and diversified earnings [5]. - It is claimed that Solaris Energy overstated the commercial prospects of the MER acquisition and inflated profitability metrics by failing to properly depreciate its turbines [5]. - The misleading statements led to investor damages when the true details were revealed [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Solaris Energy Infrastructure, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on May 27, 2025 [1]. Group 1: Class Action Details - Investors who purchased Solaris Energy securities between July 9, 2024, and March 17, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lead plaintiff must file a motion with the Court by May 27, 2025, to represent other class members in the litigation [3]. Group 2: Case Allegations - The lawsuit alleges that Solaris Energy made false and misleading statements regarding Mobile Energy Rentals LLC (MER), including its lack of corporate history in mobile turbine leasing and its non-diversified earnings stream [5]. - It is claimed that MER's co-owner has a criminal background associated with turbine-related fraud, which was not disclosed, leading to an overstatement of the commercial prospects from the MER acquisition [5]. - The lawsuit also asserts that Solaris Energy inflated profitability metrics by failing to properly depreciate its turbines, resulting in materially misleading statements about its business and operations [5].

REIT Performance Overview - The REIT sector experienced a significant decline in April 2025, with an average total return of -6.45%, underperforming the broader market indices such as the Dow Jones Industrial Average (-3.1%), S&P 500 (-0.7%), and NASDAQ (+0.9%) [1] - Year-to-date, the average total return for REITs stands at -9.10%, which is worse than the -7.65% return for the same period in 2024 [12] Performance by Market Capitalization - Microcap REITs underperformed larger peers for the sixth consecutive month, with returns of -8.87% [3] - Large-cap REITs (-2.93%) outperformed mid-caps (-5.45%) and small caps (-8.69%) in April, with large-cap REITs outperforming small caps by 1081 basis points in the first four months of 2025 [3] Property Type Performance - Only 11.11% of REIT property types averaged a positive total return in April, with a 20.17% spread between the best (Data Centers +7.28%) and worst-performing property types (Timber -12.90%) [5][6] - Year-to-date, Office REITs (-24.06%) and Hotel REITs (-22.90%) significantly underperformed, while Health Care (+7.23%), Infrastructure (+6.88%), and Casinos (+6.00%) were the only property types with positive returns [7] Price/FFO Multiples - The average P/FFO for the REIT sector decreased from 13.9x to 13.4x in April, with 83.3% of property types experiencing multiple contraction [8] - Data Centers (26.9x), Multifamily (24.6x), and Infrastructure (18.7x) currently trade at the highest average multiples among REIT property types, while Hotels (5.9x) and Offices (8.2x) have the lowest [9] Individual REIT Performance - Digital Realty Trust (DLR) achieved a strong gain of +12.04% in April, despite a year-to-date return of -8.72% [11] - Wheeler REIT (WHLR) was the worst-performing REIT in April, with a staggering decline of -63.61% for the month and -98.29% year-to-date [11] Dividend Yield Insights - The high dividend yields of the REIT sector are a primary reason for investment, with many REITs trading below their NAV, resulting in attractive yields [15]

Company Overview - Primoris Services Corporation (NYSE: PRIM) provides essential infrastructure services including construction, maintenance, and engineering for utility and energy sectors in the United States and Canada [1] - The company has a current market capitalization of approximately $4 billion [1] Analyst Background - The analyst has over 10 years of experience in the investment arena, starting as an analyst and advancing to a management role [1] - The analyst holds a master's degree in Analytics from Northwestern University and a bachelor's degree in Accounting [1] Investment Interest - The analyst expresses a personal interest in dividend investing and plans to share insights with the Seeking Alpha community [1]

Core Insights - VEON Ltd. has secured all regulatory approvals for its strategic partnership with Engro Corporation Limited to manage telecommunications infrastructure assets in Pakistan, enhancing digital investments in the country [1][2] - The partnership involves transferring VEON's infrastructure assets to Engro Connect, a subsidiary of Engro Corp, through a scheme of arrangement, expected to be completed in June [2] - This agreement is anticipated to accelerate Jazz's transformation into an asset-light services company, promoting growth for both Jazz and Engro Corp while supporting Pakistan's digital transformation [3][4] Financial Details - Engro will pay Jazz approximately USD 188 million and guarantee the repayment of Deodar's intercompany debt amounting to USD 375 million [6] Company Profiles - VEON is a Nasdaq-listed digital operator serving nearly 160 million customers across six countries, focusing on technology-driven services that empower individuals and stimulate economic growth [7] - Jazz, as Pakistan's leading digital operator, has over 71.5 million cellular subscribers and offers a wide range of digital services, including JazzCash and Tamasha [8] - Engro Corporation is a diversified conglomerate in Pakistan, involved in various sectors including telecommunications infrastructure, and aims to address pressing issues through its business portfolio [9]