reports
New Silk Road Investment Appoints Northern Trust to Provide Outsourced...
SINGAPORE--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for New Silk Road Investment Pte Ltd., a Singapore-based investment manager. Founded in 2009, New Silk Road invests in Asian companies with the goal to achieve long-term returns. In addition to the new remit for trading services, Northern Trust continues to provide global custody services for New Silk Road funds which it has done since 2011. “New Silk Road came to us looking for a solution to help navigate cross-border...
- Maskun Ramli
- Stevanus Juanda
Indonesia Daily - Wednesday, May 8, 2024
Kalbe Farma (KLBF IJ/HOLD/Rp1,445/Target: Rp1,500): 1Q24: Excellent SG&A management results in double-digit NPAT growth. Mitra Adiperkasa (MAPI IJ/BUY/Rp1,405/Target: Rp2,000): 1Q24: Lower margins earned, higher interest costs and losses at Starbucks. TRADERS’ CORNER Bukalapak.com (BUKA IJ): Technical BUY Trimegah Bangun Persada (NCKL IJ): Technical BUY
- Ewa Manthey
- Warren Patterson
Rubicon Organics to Report Q1 2024 Results
Rubicon Organics to Report Q1 2024 Results VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis products, is pleased to announce that it will be reporting its financial results for the three months ended March 31, 2024 (“Q1 2024”) after market close on Wednesday, May 15, 2024. The Company will be hosting a conference call to discuss Q1 2024 results on Thursday, May 16, 2024. Conference call detai...
- Jonathan Koh
Lendlease Global Commercial REIT (LREIT SP) - Makes Progress In Backfi...
LREIT achieved strong positive rental reversion of 20% for 313@Somerset and >10% for Jem in 3QFY24. Occupancy for its retail properties was stable at 99.4%. Management has secured new electricity tariff contracts for Jem and 313@Somerset, which reduces utilities expenses by 30% or S$4m-5m per year. Rents for the office block at Jem could be adjusted higher by 20% during a rent review at end-24. LREIT provides FY26 distribution yield of 8.7%. Maintain BUY. Target price: S$0.96.
- Jonathan Koh
Frasers Logistics & Commercial Trust (FLT SP) - 1HFY24: Scaling Up In ...
FLT achieved positive rental reversion of 3.8% (incoming vs outgoing) and 14.2% (average vs average) in 2QFY24. It maintained full occupancy of 100% for its logistics properties across Australia, Europe and the UK. FLT has acquired four logistics properties in Germany for S$189m. More acquisitions are forthcoming, supported by a sizeable sponsor pipeline and its low aggregate leverage of 32.7%. FLT provides a distribution yield of 6.8% for FY24 (MLT: 6.2%). Maintain BUY. Target: S$1.55.
MediaAlpha Announces Pricing of Secondary Offering by White Mountains ...
MediaAlpha Announces Pricing of Secondary Offering by White Mountains Insurance Group and Insignia Capital Group LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (“MediaAlpha”) (NYSE: MAX) today announced the pricing of the previously announced underwritten secondary public offering of 6,600,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the “Selling Stockholders”) at an offering price of $19.00 per share (before discounts and commissions). The offering is expected to close o...
- Lynn Song
- Nicky Mapa
- Rob Carnell
Freehold Royalties Announces Results from Annual Meeting of Shareholde...
Freehold Royalties Announces Results from Annual Meeting of Shareholders CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announced today that all nominees listed in its notice of meeting and information circular dated March 19, 2024 were elected as directors of Freehold at its Annual Meeting of Shareholders (the Meeting) held today. In addition, all other matters considered at the Meeting were approved by Freehold’s shareholders. A replay of the Meeting is available on our website at the below link, under the 2024 Annual Meet...
ISC Declares Quarterly Dividend
ISC Declares Quarterly Dividend REGINA, Saskatchewan, May 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before July 15, 2024 to shareholders of record as of June 30, 2024. The dividend has been designated as an eligible dividend pursuant to the Income Tax Act. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit. For further information ...
ISC Reports Solid Start to 2024
ISC Reports Solid Start to 2024 Strong operating results from across the businessLaunched goal to double the size of ISC by 2028 REGINA, Saskatchewan, May 07, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the first quarter ended March 31, 2024. Capitalized terms that are used but not defined in this news release have the meaning ascribed to those terms in Management's Discussion & Analysis for the period ended March 31, 2024 2024 First Quarter Highlights Revenue was $56.4 million, an i...
- Russell Waller
- Soomit Datta
- Ben Rickett
- Soomit Datta
Liberty LA (Buy, TP: $13, +60%) Q1 24 - Tough optics in Q1, but PR EBT...
Liberty LA Q1 24 was always going to be a difficult print and we saw this in the Puerto Rico numbers, with revenue hit by much lower equipment sales (lower commercial efforts) and EBITDA by even higher than expected integration costs. With that said, the integration has now been completed, and a “restored” PR monthly EBITDA guide of $45m has been reiterated for during H2 ($23m in Q1) which with integration eliminated, the TSA almost entirely falling away, cost savings (10% headcount reduction) a...
Moody's Ratings assigns Aa1 to Pennsylvania HFA's Single Family Mortga...
Moody's Ratings (Moody's) has assigned Aa1 ratings to Pennsylvania Housing Finance Agency's ("PHFA") proposed $374.7 million Single Family Mortgage Revenue Bonds, Series 2024-145A (Non-AMT)(Social Bonds) and $75.2 million Series 2024-145B (Federally Taxable) (collectively, the "Bonds") to be issued ...
Moody's Ratings assigns Aa3 UND/Aaa ENH rating to Snohomish County S.D...
Moody's Ratings (Moody's) has assigned an underlying Aa3 rating and an enhanced Aaa rating to Snohomish County School District 15 (Edmonds), WA's Unlimited Tax General Obligation and Refunding Bonds, 2024 in the estimated par amount of $285 million. Concurrently, Moody's affirmed the district's Aa3 ...
Karat Packaging Board Declares Increase in Quarterly Cash Dividend
Karat Packaging Board Declares Increase in Quarterly Cash Dividend CHINO, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.35 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.30 per share. The dividend is payable on or about May 24, 2024, to the stockholders of record at the close o...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.