reports
Moody's Ratings upgrades Stormont-Vail HealthCare (KS) to A1; outlook ...
Moody's Ratings (Moody's) has upgraded Stormont-Vail HealthCare's (KS)(SVH) issuer rating to A1 from A2 and revised the outlook to stable from positive at the new rating level. Total debt outstanding was $181 million at fiscal yearend 2023 (September 30). The upgrade to the A1 reflects the expecte...
Moody's Ratings affirms Alvaria's Caa1 CFR and assigns ratings to Alva...
Moody's Ratings (Moody's) affirmed Atlas Purchaser, Inc.'s (Alvaria) Corporate Family Rating (CFR) of Caa1. Moody's Ratings affirmed and appended a limited default (/LD) designation to Alvaria's Caa1-PD Probability of Default Rating (PDR). Concurrently, Moody's Ratings assigned the following ratings...
Moody's Ratings assigns A2 UND/Aa1 ENH to Lakeview Community Schools, ...
Moody's Ratings (Moody's) assigned A2 underlying and Aa1 enhanced ratings to Lakeview Community Schools, MI's 2024 School Building and Site Bonds, Series II (General Obligation - Unlimited Tax), which have a proposed par amount of $15 million. Moody's maintains the district's A2 issuer rating and a...
Christina Lake Cannabis Provides Bi-Weekly Update on Status of MCTO
Christina Lake Cannabis Provides Bi-Weekly Update on Status of MCTO VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. ("CLC" or the "Company") (CSE: CLC) is providing an update with respect to the expected timeline for filing its audited financial statements for the fiscal year ended November 30, 2023, the related management's discussion and analysis and certificates of its CEO and CFO (collectively, the "Required Documents") and its previously announced management cease trade order ("MCTO") issued by the Company's principal regulator, the Briti...
Moody's Ratings downgrades Cast & Crew's CFR to B3 from B2 due to weak...
Moody's Ratings ("Moody's") has downgraded Cast & Crew LLC's ("Cast & Crew') corporate family rating ("CFR") from B2 to B3 and its probability of default rating ("PDR") from B2-PD to B3-PD. Concurrently, Moody's has assigned B2 ratings to the company's $150 million senior secured 1st lien revolver (...
Moody's Ratings upgrades Los Angeles USD, CA's GOs to Aa2 from Aa3
Moody's Ratings ("Moody's") has upgraded Los Angeles Unified School District, CA's (County of Los Angeles, California) general obligation unlimited tax (GOULT) bonds to Aa2 from Aa3, its issuer rating to Aa3 from A1, and the ratings on its outstanding certificates of participation (COPs) to A1 from ...
Bridger Aerospace Announces Closing of $9.8 Million Registered Direct ...
Bridger Aerospace Announces Closing of $9.8 Million Registered Direct Offering BELGRADE, Mont., April 17, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “the Company”) (NASDAQ: BAER) today announced the closing of a registered direct offering of 2,183,366 shares of common stock, resulting in gross proceeds of approximately $9.8 million, before deducting placement agent commissions and other offering expenses. 808,080 of the shares sold in the offering were acquired by certain directors and executive officers of Bridger. Tim Sheehy, Bridger’s Chief Executi...
ScanTech Participates in Passenger Terminal Expo 2024
ScanTech Participates in Passenger Terminal Expo 2024 Management Expects to Deliver Initial Customer Units in Coming Weeks BUFORD, Ga, April 17, 2024 (GLOBE NEWSWIRE) -- ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems, based in Metro-Atlanta, Georgia, today announced its participation in the world’s leading conference dedicated to airport passenger terminals in Frankfurt, Germany, the Passenger Terminal Expo 2024. ScanTech will be exhibiting and displaying its Sentinel ‘Fixed-Gantry’ CT s...
Goosehead Insurance, Inc. to Report First Quarter 2024 Results
Goosehead Insurance, Inc. to Report First Quarter 2024 Results WESTLAKE, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), announced today that it will report its first quarter 2024 results after the market close on Wednesday, April 24, 2024. The company will hold a conference call to discuss results at 4:30 PM ET on April 24th. To access the call by phone, participants should go to this link (), and you will be provided with the dial in details. A live webcast of the conference call will also be available on Goosehead’s ...
Moody's Ratings upgrades ratings on three classes of notes issued by V...
Moody's Ratings ("Moody's") has upgraded the ratings on the following notes issued by Vibrant CLO VIII, Ltd.: U.S.$55,000,000 Class A-2 Senior Secured Floating Rate Notes due 2031 (the "Class A-2 Notes"), Upgraded to Aaa (sf); previously on April 5, 2023 Upgraded to Aa1 (sf) U.S.$22,750,000 Clas...
California Water Service Districts Already Treating for Chromium-6, Wi...
California Water Service Districts Already Treating for Chromium-6, Will Meet New State Water Quality Standard SAN JOSE, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) confirmed today that its water systems will meet the new state maximum contaminant level (MCL) of 10 parts per billion (ppb) for chromium-6, which was adopted today by the State Water Resources Control Board. Cal Water developed and installed treatment for the contaminant in its impacted water systems in Dixon, Oak Hills (Salinas), Las Lomas (Salinas), and Willows when the same chromium-6...
Moody's Ratings affirms Globo's Ba2 ratings, outlook changed to stabl...
Moody's Ratings today affirmed Globo Comunicacao e Participacoes S.A.'s (Globo) Corporate Family Rating (CFR) at Ba2. At the same time Moody's Ratings affirmed Globo's Ba2 senior unsecured global notes ratings. The outlook changed to stable from negative. RATINGS RATIONALE The change in outlook to s...
- Johannes Grunselius
Holmen (Sell, TP: SEK370.00) - Weak earnings momentum
We consider Holmen a quality company and continue to like its shareholder-friendly strategy. However, as c50% of the 2023 EBIT was derived from the traditional paper business (for which addressable markets are shrinking), and with still-tough markets for the paperboard business and lower spot prices for electricity affecting the renewable power business, we expect earnings to decline for 2024. Given relatively rich earnings multiples, we reiterate our SELL and SEK370 target price.
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