Moody's Ratings (Moody's) said Herc Holdings Inc.'s (Herc, NYSE: HRI), announcement that it has reached a definitive agreement to acquire H&E Equipment Services, Inc. (H&E, NASDAQ: HEES) in a 75% cash and 25% equity funded transaction is credit negative. However, Herc's Ba2 corporate family rating a...
Moody's Ratings (Moody's) placed the ratings of H&E Equipment Services, Inc. ("H&E") on review for upgrade following the announcement that the company has entered into a definitive agreement to be acquired by United Rentals (North America), Inc. (CFR Ba1). The ratings affected by the review for upgr...
A director at Herc Holdings Inc sold 45,816 shares at 237.411USD and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Moody's Ratings (Moody's) has completed a periodic review of the ratings of H&E Equipment Services, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 23 May 2024 in which Moody's reassessed the appropriateness of the ratings in ...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Herc Holdings Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 29 April 2024 in which Moody's reassessed the appropriateness of the ratings in the cont...
Downgrading Real Estate to Underweight Our bullish outlook we initiated on November 7, 2023 remains intact; this intermediate-to-long-term outlook is likely to stay in place as long as 4800 support holds on the S&P 500 (implying 7-10% downside) and market dynamics remain healthy. To be clear, we are not calling for a pullback to 4800; we view it as a worst-case scenario for the S&P 500, and we simply want to be prepared for anything. Shorter-term, we remain bullish on the S&P 500 and Nasdaq 100...
Strong interim results, combined with good visibility on the outlook into Q1 2022, cause us to revisit estimates for the second time in as many months. A favourable outlook for Crestchic continues to be driven by a combination of strong data centre markets globally and, a return of large projects. The proposed disposal of Tasman is ongoing, with management engaged in discussions with third parties and an expectation that following its sale the Group will be debt free. A positive outlook is un...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Herc Holdings Inc.. Global Credit Research- 19 Aug 2021. New York, August 19, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Herc Holdings Inc. and other ratings that are associated with the same analytical unit.
The headline news associated with the pre-close H1 update is that strong trading at Crestchic, plus a positive order book, results in an upgrade to our estimates for FY21. Revenues improved by 22% at Group level to £19.6m (the highest level since H1 2014) and by 44% to £15.8m within Crestchic alone. The latter’s progress was led by sales into the data centre market but was widespread across several sectors. The outlook remains similarly impressive, particularly within Crestchic, and as a resul...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The trading update from Northbridge ahead of its AGM was positive, with activity levels within the core Crestchic loadbank division markedly higher YoY. Good order visibility into Q3 underlines their confidence in the outlook. The timetable to dispose of Tasman at a sensible price remains intact whilst work is expected to commence on the extension of manufacturing in Burton-on-Trent during Q3, adding 50% to capacity. Crestchic continues to build momentum, reflecting record orders, a return of ...
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