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Soomit Datta
  • Soomit Datta

Millicom (Buy, TP: $24) Q1 24 - Big (10%) EBITDA beat as Xavier Niel c...

On the back of a 1% revenue beat, it was mainly cost which drove a 10% underlying beat at EBITDA.

San Bruno Park School District, CA: Update to credit analysis

Our credit view of San Bruno Park SD, reflecting its strong reserves, healthy local economy and moderately high long-term liabilities.

City of Lake Geneva, WI: Update to credit analysis

Our credit view of Lake Geneva, WI highlights a strong financial position, growing economy reliant on tourism and moderate leverage.

 PRESS RELEASE

Copart, Inc. to Release Third Quarter Fiscal 2024 Results

DALLAS--(BUSINESS WIRE)-- Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, May 16, 2024. On Thursday, May 16, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking “Listen Here” at . A replay of the call will be available through August 2024 at . About Copart Founded in 1982, Copart is a global leader in online vehicle aucti...

 PRESS RELEASE

Western Forest Products Inc. Announces Election of Directors

Western Forest Products Inc. Announces Election of Directors VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announces the following voting results in respect of the election of directors at its Annual Meeting of Shareholders (the “Meeting”) held today: Name of NomineeVotes For% ForVotes Against% AgainstLaura A. Cillis187,242,63788.96%23,246,58811.04%Steven Hofer192,441,53891.43%18,047,6878.57%Randy Krotowski181,115,05886.04%29,374,16713.96%Fiona Macfarlane188,112,00589.37%22,377,22010.63%Noordin Nanji148...

Banco Modal S.A.: Update following rating affirmation, outlook changed...

Our credit view of this issuer reflects its adequate liquidity and risk management, constrained by its asset risk strained by market risk and non-banking investments.

 PRESS RELEASE

Organovo Holdings, Inc. Announces Pricing of $5.25 Million Public Offe...

Organovo Holdings, Inc. Announces Pricing of $5.25 Million Public Offering SAN DIEGO, May 08, 2024 (GLOBE NEWSWIRE) -- Organovo Holdings, Inc. (Nasdaq: ONVO) (“Organovo” or the “Company”), a clinical stage biotechnology company focused on developing novel treatment approaches based on demonstration of clinical promise in three-dimensional (3D) human tissues, today announced the pricing of a public offering consisting of 6,562,500 shares of common stock (or pre-funded warrants in lieu thereof) and common warrants to purchase up to an aggregate of 6,562,500 shares of its common stock, at a ...

Village of Germantown, WI: Update to credit analysis

Our credit view of this issuer reflects its history of maintaining strong reserves and liquidity and its elevated leverage for the rating category.

Moody's Ratings assigns Aa2 to Texas State University System's (TX) Se...

Moody's Ratings (Moody's) has assigned a Aa2 rating to the Board of Regents of Texas State University System's (TSUS or the system) proposed approximately $592 million Revenue Financing System Revenue and Refunding Bonds, Series 2024. The bonds are fixed rate, maturing in 2054. Moody's has also affi...

Moody's Ratings assigns Aa1 to Oklahoma City Water Utilities Trust, OK...

Moody's Ratings (Moody's) has assigned a Aa1 rating to the Oklahoma City Water Utilities Trust, OK's  Commercial Paper Notes, Series A (Tax Exempt) and Series B (Taxable) (Bank Bonds). Moody's maintains a Aaa rating on the trust's outstanding revenue bonds, which have a senior lien to the reimbursem...

Helios Software Holdings, Inc.: Update to credit analysis

Our credit view of this issuer reflects its limited capital expenditures and subscription-based sales model, offset by its high leverage and tempered organic growth prospects.

Canadian Natural Resources Limited: Update to credit analysis

Our credit view of this issuer reflects its strong debt metrics and sizeable free cash flow, against its significant shareholder distributions.

Moody’s Ratings says Amwins' ratings unchanged following announcement ...

New York , May 8, 2024 – Moody's Ratings (Moody's) said that its B1 corporate family rating and B1-PD probability of default rating of Amwins Group, Inc. (Amwins) remain unchanged, following the company's announcement that it plans to add $839 million to its existing $2.5 billion backed senior secur...

 PRESS RELEASE

Nutrien Announces Results of 2024 Annual Meeting

SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Nutrien Ltd. (TSX and NYSE: NTR) announced today the results of its annual meeting of shareholders held on May 8, 2024 (the “Meeting”). A total of 369,251,444 common shares, representing 74.66% of common shares outstanding, were represented at the Meeting. Results of the matters voted on at the Meeting are set out below. Election of Directors Nutrien’s 12 director nominees were elected: Votes For (percent) Votes Against (percent) Christopher M. Burley 98.33% 1.67% Maura J. Clark 98.95% 1.05% ...

Sweetwater Union High School District, CA: Update following revision o...

Our view of the district reflecting healthy finances, diverse local economy, declining enrollment and currently manageable leverage.

 PRESS RELEASE

American Hotel Income Properties REIT LP Reports Voting Results of Ann...

American Hotel Income Properties REIT LP Reports Voting Results of Annual and Special Meeting VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces that at its annual and special meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated April 1, 2024 were directed to be elected as directors of American Hotel Income Properties REIT (GP) Inc. for the ensuing year. As a ballot was not required, the number of votes disclosed in the below ...

Block, Inc.: Update to credit analysis following outlook change to pos...

Our credit view of this issuer reflects its solid growth and very strong liquidity balanced by lending growth and a modestly more aggressive financial policy.

 PRESS RELEASE

Global Water Resources Reports First Quarter 2024 Results

Global Water Resources Reports First Quarter 2024 Results PHOENIX, May 08, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the first quarter ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q1 2024 Financial Highlights Total revenue decreased $1.5 million or 11.6% to $11.6 million, primarily attributable to the recognition of...

Moody's Ratings revises outlook to negative and affirms A1 rating for ...

Moody's Ratings (Moody's) has revised the outlook to negative from stable and affirmed the A1 ratings on San Francisco Community College District, CA's (CCD) outstanding general obligation unlimited tax (GOULT) bonds. Concurrently, Moody's has assigned an A1 rating to San Francisco CCD's Election of...

Transport for London: London mayor's policy plans support credit quali...

Strategic continuity for TfL, including the diversification of revenue sources away from passenger revenue, is credit positive.

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