BMO Capital Markets

Brookfield Renewable to Issue C$400 Million of Green Bonds

Retrieved on: 
Tuesday, January 9, 2024

Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, will be the issuer of the Notes, which will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries.

Key Points: 
  • Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, will be the issuer of the Notes, which will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries.
  • The Notes will represent Brookfield Renewable’s twelfth green labelled corporate securities issuance in North America and the first issuance under Brookfield Renewable’s 2024 Green Financing Framework (the “Green Financing Framework”).
  • Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately $850 billion of assets under management.

Mammoth Holdings Opens First Minnesota Site with Silverstar Car Wash

Retrieved on: 
Monday, January 8, 2024

DALLAS, Jan. 8, 2024 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash outside St. Paul in Inner Grove, Minnesota.

Key Points: 
  • DALLAS, Jan. 8, 2024 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash outside St. Paul in Inner Grove, Minnesota.
  • The site is the 24th Mammoth location under the Silverstar Car Wash brand.
  • Mammoth Holdings is the first car wash platform formed by industry insiders and has 133 operating locations.
  • Mammoth Holdings' multi-brand portfolio includes Busy Bee Car Wash, Coastal Carwash, Finish Line Car Wash, Galaxies Express Car Wash, In & Out Express Carwash, Jax Kar Wash, Lulu's Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Carwash, Pitstop Car Wash, PureMagic Carwash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Swifty Car Wash, Today's Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash, and Wiggy Wash.
    Mammoth has significant growth capital available and is actively seeking acquisitions and development opportunities.

PAYC 3-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Paycom Software (PAYC) Investors with Substantial Losses to Contact Firm’s Attorneys Before Jan. 9th Deadline in Securities Fraud Class Action

Retrieved on: 
Saturday, January 6, 2024

SAN FRANCISCO, Jan. 06, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Jan. 06, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Stifel Nicolaus similarly downgraded PAYC from a "buy" rating to a "hold" rating and dropped their price target from $400.00 to $160.00 on Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.

Sun Communities, Inc. Prices $500 Million of Senior Notes

Retrieved on: 
Thursday, January 4, 2024

The public offering price for the Notes was 99.878% of the principal amount for an effective yield to maturity of 5.528%.

Key Points: 
  • The public offering price for the Notes was 99.878% of the principal amount for an effective yield to maturity of 5.528%.
  • The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed fully and unconditionally by the Company.
  • The offering is expected to close on or about January 11, 2024, subject to customary closing conditions.
  • The Notes will be issued pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission.

Paycom Software (PAYC) Faces Investor Fraud Lawsuit for Concealing the Adverse Impact its Beti Product Had on Other Offerings – Hagens Berman

Retrieved on: 
Wednesday, January 3, 2024

SAN FRANCISCO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • In response, the price of Paycom shares crashed $94.28 lower (or 38%) on Nov. 1, 2023.

PAYC 9-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Paycom Software (PAYC) Investors with Substantial Losses to Contact Firm’s Attorneys Before Jan. 9th Deadline in Securities Class Action

Retrieved on: 
Sunday, December 31, 2023

SAN FRANCISCO, Dec. 31, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 31, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Stifel Nicolaus similarly downgraded PAYC from a "buy" rating to a "hold" rating and dropped their price target from $400.00 to $160.00 on Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.

Browning West Issues Letter to Gildan Activewear Shareholders Announcing Intent to Requisition Special Meeting to Reconstitute Board of Directors

Retrieved on: 
Friday, December 29, 2023

Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.

Key Points: 
  • Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.
  • Browning West is a significant and long-term shareholder of Gildan, with a beneficial ownership position of approximately 5.0% of the Company’s outstanding shares.
  • We expect that Mr. Kneeland and the re-constituted Board will reassess committee composition and reassign committee chair roles.
  • Gildan’s Board has demonstrated it is unwilling to act in the best interest of the Company and its shareholders.

Paycom Software (PAYC) Faces Investor Fraud Lawsuit for Concealing the Adverse Impact its Beti Product Had on Other Offerings – Hagens Berman

Retrieved on: 
Friday, December 29, 2023

SAN FRANCISCO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • In response, the price of Paycom shares crashed $94.28 lower (or 38%) on Nov. 1, 2023.

Analysts Downgrade Paycom Software (PAYC) in Aftermath of Investor Class Action – Hagens Berman

Retrieved on: 
Monday, December 25, 2023

SAN FRANCISCO, Dec. 25, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 25, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.

Investors Sue Paycom Software (PAYC) For Concealing the Adverse Impact its Beti Product Had on Other Offerings – Hagens Berman

Retrieved on: 
Friday, December 22, 2023

SAN FRANCISCO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.