Centerpoint

CenterPoint Energy Reports Strong Q3 Results, Raises Full Year 2023 Guidance and Capital Plan, and Initiates 2024 Guidance

Retrieved on: 
Thursday, October 26, 2023
Utilities, Energy, Transfer, CenterPoint Energy, Weather, NYSE, News, GAAP, Lesar, Centerpoint, Growth, EPS, CNP, Investment, Thomson-Houston Electric Company, Impaired asset, Security (finance), Petroleum, Bank, Beauty salon

Non-GAAP EPS for the third quarter 2023 was also $0.40, a 25% increase to the comparable quarter of 2022.

Key Points: 
  • Non-GAAP EPS for the third quarter 2023 was also $0.40, a 25% increase to the comparable quarter of 2022.
  • This will include approximately $200 million in 2023 and approximately $300 million in 2024 and 2025.
  • 2022 and 2023 non-GAAP EPS; 2023 and 2024 non-GAAP EPS guidance range
    Beginning in 2022, CenterPoint no longer separated utility and midstream operations and reported on a consolidated non-GAAP EPS basis.
  • To the extent actual results deviate from these assumptions, the 2023 and/or 2024 non-GAAP EPS guidance ranges may not be met, or the projected annual non-GAAP EPS growth rate may change.

CenterPoint Energy Announces Leadership Succession

Retrieved on: 
Thursday, October 26, 2023
Energy, Utilities, Oil, Gas, CenterPoint Energy, Safety, Growth, Chairperson, NYSE, Partnership, CNP, Centerpoint, Management

CenterPoint Energy, Inc. (NYSE: CNP) today announced a leadership transition that helps position the company to continue driving sustainable value for customers, communities, investors and employees.

Key Points: 
  • CenterPoint Energy, Inc. (NYSE: CNP) today announced a leadership transition that helps position the company to continue driving sustainable value for customers, communities, investors and employees.
  • The Board has unanimously appointed Jason P. Wells, CenterPoint Energy President and Chief Operating Officer, to become President and Chief Executive Officer and a member of the Board of Directors, effective January 5, 2024.
  • “Today’s announcement reflects the Board’s longstanding and robust leadership succession planning and stakeholder engagement process.
  • I am honored to lead the exceptional and dedicated team at CenterPoint Energy that puts customers and communities at the forefront of all we do.

Tearlach Resources Discovers Spodumene on Georgina Properties

Retrieved on: 
Wednesday, October 18, 2023
ICP-OES, GPS, Avon Park Lakes, Florida, ICP-MS, Geology, News, National instrument, Centerpoint, Lithium, Beryl, Trimble, Oxide, National Instrument 43-101, Element, Qualified person (European Union), Quality control, Surveying, Rb, CS, Riches

The muscovite book pegmatite zone is the border zone characteristic of the Riches spodumene pegmatite (Figure 4).

Key Points: 
  • The muscovite book pegmatite zone is the border zone characteristic of the Riches spodumene pegmatite (Figure 4).
  • Alan Rich, Tearlach senior geologist, first identified the spodumene in the field.
  • Alan was accompanied by Kyle Henderson, Kevin Tran and Richard Kindla during the discovery and Tearlach thanks each of them for their efforts.
  • Dr. Selway is the VP of Exploration for Tearlach Resources and the Qualified Person ("QP") as defined by National Instrument 43-101.

BJ’s Restaurants Opens in Grand Rapids, Michigan

Retrieved on: 
Tuesday, October 3, 2023
Centerpoint, Shop, Restaurant, Food

HUNTINGTON BEACH, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced the opening of its restaurant in Grand Rapids, Michigan.

Key Points: 
  • HUNTINGTON BEACH, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced the opening of its restaurant in Grand Rapids, Michigan.
  • “We are excited to continue adding restaurants in Michigan, and with Grand Rapids we now have five locations in the state,” commented Greg Levin, Chief Executive Officer & President.
  • “Our Grand Rapids restaurant is our fifth and final restaurant opening in 2023.
  • Looking ahead, our 2024 new restaurant pipeline is in excellent shape to continue growing our brand and bringing the BJ’s concept to more and more guests.”
    As with all of our new restaurants, BJ’s opens its doors to the local community prior to our grand opening.

Trimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions

Retrieved on: 
Thursday, September 28, 2023
Transfer, Slate, Data management, Centerview Partners, Technology transfer, Satellite navigation, Public utility, GNSS, Internet, Nikon, Farmer, Software, Original equipment manufacturer, Centerpoint, Morgan Stanley, ID, JV, Simpson Thacher & Bartlett, TRMB, NYSE, ViewPoint, Forestry, Investment, Skadden, Arps, Slate, Meagher & Flom, AGCO, Growth, Hilti, Supply, Adjustment, Project, Cryptocurrency, Agriculture, Online shopping, Financial adviser, Caterpillar

WESTMINSTER, Colo., Sept. 28, 2023 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today a definitive agreement to form a joint venture (the "JV") with AGCO (NYSE: AGCO) to better serve farmers with factory fit and aftermarket applications in the mixed fleet precision agriculture market. Trimble and AGCO's shared vision is to create a global leader in mixed fleet smart farming and autonomy solutions. 

Key Points: 
  • WESTMINSTER, Colo., Sept. 28, 2023 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today a definitive agreement to form a joint venture (the "JV") with AGCO (NYSE: AGCO) to better serve farmers with factory fit and aftermarket applications in the mixed fleet precision agriculture market.
  • Trimble and AGCO's shared vision is to create a global leader in mixed fleet smart farming and autonomy solutions.
  • The JV will align two leading companies dedicated to serving farmers worldwide with cutting-edge technologies to help farmers drive productivity, efficiency and sustainability.
  • "Farmers today are looking for mixed fleet solutions across their tractors and the implements that they use to most efficiently and sustainably feed the world.

Hyundai Motor North America Reveals 2024 Sonata in YouTube News Conference

Retrieved on: 
Wednesday, August 30, 2023
Serenity, Carbon, Cream, Dark, HTRAC, Traction, Hyundai Motor Manufacturing Alabama, Light, Active sound design, Head, Hyundai Motor Company, Collision, Projection, Humanity, Digital, Environment, Software, The White Pearl, Noise, BLE, Centerpoint, Onyx, Rear Occupant Alert, Torque, UWB, Android, Attention, Attitude, IOS, N Line, BCA, Child, SUV, Navigation, AVN, Safety, Custom, HDA, RCCA, Progress in Human Geography, AWD, RSPA, Hyundai Motor America, Vibration, N Line (RTD), Adaptive cruise control, Multimedia, SEA, History, LFA, LKA, Hyundai, FCA, Bose, SEW, SCC, ICE, Cool, OTA, NSCC, Rear, HUD, HEV, Snow, Sale, NFC, ROA, S&G, Weather, Automotive industry, Heavy equipment, Interior design, Electric motor, Telescopic sight, Mobile phone, Online shopping, Road, Sonata

FOUNTAIN VALLEY, Calif., Aug. 30, 2023 /PRNewswire/ -- Hyundai Motor North America today launched the new 2024 Sonata midsize sedan during a YouTube news conference .

Key Points: 
  • FOUNTAIN VALLEY, Calif., Aug. 30, 2023 /PRNewswire/ -- Hyundai Motor North America today launched the new 2024 Sonata midsize sedan during a YouTube news conference .
  • Influential designer and head of the Hyundai Style Group at Hyundai Motor Company Simon Loasby walked viewers through design upgrades.
  • José Muñoz, president and CEO of Hyundai Motor North America and president and Global COO of Hyundai Motor Company, discussed why consumers are showing renewed interest in sedans.
  • Hyundai's proven Hyundai TRACtion (HTRAC) AWD system is now available on Sonata for the first time.

CenterPoint Energy, Inc. Announces Pricing of Offering of $900 Million of 4.25% Convertible Senior Notes Due 2026

Retrieved on: 
Wednesday, August 2, 2023
Energy, Utilities, Oil, Gas, Note, Centerpoint, SEC Rule 144A, Debt-to-GDP ratio, Person, CNP, Electric Bond and Share Company v. Securities and Exchange Commission, Sale, CenterPoint Energy, Risk, Security (finance), NYSE

In addition, CenterPoint Energy also granted the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.

Key Points: 
  • In addition, CenterPoint Energy also granted the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.
  • The convertible notes will be senior, unsecured obligations of CenterPoint Energy.
  • The convertible notes will mature on August 15, 2026, unless earlier converted or repurchased.
  • Prior to May 15, 2026, the convertible notes will be convertible only upon the occurrence of certain events and during certain periods.

3D Mapping and Modeling Market worth $11.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 2, 2023
GEOVIA, Lidar, Research and development, Forestry, Acquisition, Investment, Dassault Systèmes, R, RT, Saab AB, Software, Intermap Technologies, University, Accident, Centerpoint, 3D, Organization, Tech Mahindra, Applied science, Growth, AEC, Epic Games, Bentley Systems, Safety, Research, Golden Software, FHNW, Partnership, Agriculture, Risk assessment, Bentley, Google Maps, Genesys International, Mining, Telenor Denmark, School, Epic, TBC, Mergers and acquisitions, AI, 3D printing, Video game, Medical imaging, Risk management, Surveying, Airbus, Autodesk, Hexagon, Apple, Esri, Engineering, Architecture, Adobe

The services segment of the 3D Mapping and Modeling Market is growing rapidly.

Key Points: 
  • The services segment of the 3D Mapping and Modeling Market is growing rapidly.
  • 3D mapping and modeling vendors require technical support and consulting services to deploy their solutions quickly and smoothly in the market.
  • Managed services play a crucial role in the 3D Mapping and Modeling Market as they offer specialized services and support to organizations requiring 3D mapping and modeling solutions.
  • 3D Mapping and Modeling Market Advantages:
    Users can better understand spatial linkages and design complexities thanks to the more lifelike and immersive visualisation experience provided by 3D mapping and modelling.

3D Mapping and Modeling Market worth $11.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 2, 2023
GEOVIA, Lidar, Research and development, Forestry, Acquisition, Investment, Dassault Systèmes, R, RT, Saab AB, Software, Intermap Technologies, University, Accident, Centerpoint, 3D, Organization, Tech Mahindra, Applied science, Growth, AEC, Epic Games, Bentley Systems, Safety, Research, Golden Software, FHNW, Partnership, Agriculture, Risk assessment, Bentley, Google Maps, Genesys International, Mining, Telenor Denmark, School, Epic, TBC, Mergers and acquisitions, AI, 3D printing, Video game, Medical imaging, Risk management, Surveying, Airbus, Autodesk, Hexagon, Apple, Esri, Engineering, Architecture, Adobe

The services segment of the 3D Mapping and Modeling Market is growing rapidly.

Key Points: 
  • The services segment of the 3D Mapping and Modeling Market is growing rapidly.
  • 3D mapping and modeling vendors require technical support and consulting services to deploy their solutions quickly and smoothly in the market.
  • Managed services play a crucial role in the 3D Mapping and Modeling Market as they offer specialized services and support to organizations requiring 3D mapping and modeling solutions.
  • 3D Mapping and Modeling Market Advantages:
    Users can better understand spatial linkages and design complexities thanks to the more lifelike and immersive visualisation experience provided by 3D mapping and modelling.

CenterPoint Energy, Inc. Announces Offering of $900 Million of Convertible Senior Notes Due 2026

Retrieved on: 
Tuesday, August 1, 2023
Energy, Utilities, Oil, Gas, Note, Centerpoint, SEC Rule 144A, Debt-to-GDP ratio, Person, CNP, Electric Bond and Share Company v. Securities and Exchange Commission, Sale, CenterPoint Energy, Risk, Security (finance), NYSE, Convertible

In addition, CenterPoint Energy intends to grant the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.

Key Points: 
  • In addition, CenterPoint Energy intends to grant the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.
  • The convertible notes will be senior, unsecured obligations of CenterPoint Energy.
  • The convertible notes will mature on August 15, 2026, unless earlier converted or repurchased.
  • Prior to May 15, 2026, the convertible notes will be convertible only upon the occurrence of certain events and during certain periods.