IRR

Fundamentals of Grid Batteries Course: Valuation, Design, Procurement, and Operations (Houston, United States - April 2-3, 2024) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024

The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.
  • The instructor runs a consulting practice and has many examples of the items in the training to show.
  • Where applicable the Acelerex Grid Analytics planning tools will be used for examples for BESS modeling and simulations.
  • Available financing options for ESS plants with application mapping - added with case studies - for utilities, commercial industrial, and residential.

Pioneer Natural Resources Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

Retrieved on: 
Thursday, February 22, 2024

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023.
  • Pioneer reported fourth quarter net income attributable to common shareholders of $1.3 billion, or $5.28 per diluted share.
  • Cash flow from operating activities during the fourth quarter and full year 2023 was $2.3 billion and $8.4 billion, respectively, leading to free cash flow1 of $1.2 billion for the fourth quarter and $4.1 billion for the full year 2023.
  • Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its results for the fourth quarter and year ended December 31, 2023.

Aimco Reports Fourth Quarter Results, Establishes 2024 Guidance, and Provides Highlights on Recent and Planned Activities

Retrieved on: 
Thursday, February 22, 2024

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter results for 2023, established 2024 guidance, and provided highlights on recent and planned activities.

Key Points: 
  • Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today fourth quarter results for 2023, established 2024 guidance, and provided highlights on recent and planned activities.
  • During the fourth quarter, average daily occupancy increased to 97.5% and revenue per home was up 6.7% year-over-year.
  • Aimco acquired 1.4 million shares of its common stock during the fourth quarter 2023 at an average cost of $6.75 per share.
  • For the full year 2023, Aimco acquired 6.2 million shares at an average price of $7.33 per share.

Walmart Agrees to Acquire VIZIO HOLDING CORP. to Facilitate Accelerated Growth of Walmart Connect through VIZIO’s SmartCast Operating System

Retrieved on: 
Tuesday, February 20, 2024

The acquisition of VIZIO and its SmartCast Operating System (OS) would enable Walmart to connect with and serve its customers in new ways including innovative television and in-home entertainment and media experiences.

Key Points: 
  • The acquisition of VIZIO and its SmartCast Operating System (OS) would enable Walmart to connect with and serve its customers in new ways including innovative television and in-home entertainment and media experiences.
  • These benefits would be further strengthened by the growth of connected TV platforms and Walmart’s industry-leading TV panel sales.
  • Our media business, Walmart Connect, is helping brands create meaningful connections with the millions of customers who shop with us each week.
  • Following the completion of the transaction, VIZIO’s business will be reported as part of the Walmart U.S. segment.

2024 Hamilton Lane Market Overview: New Data Debunks Private Markets Myths

Retrieved on: 
Thursday, March 7, 2024

CONSHOHOCKEN, Pa., March 7, 2024 /PRNewswire/ -- Hamilton Lane (Nasdaq: HLNE), a leading global private markets investment management firm, published its 2024 Market Overview today. This year's report offers a data-backed counter narrative to several commonly held misconceptions about the private markets asset class.

Key Points: 
  • Report highlights findings around valuations, fundraising, GP-leds and sustainable investment returns
    CONSHOHOCKEN, Pa., March 7, 2024 /PRNewswire/ -- Hamilton Lane (Nasdaq: HLNE), a leading global private markets investment management firm, published its 2024 Market Overview today.
  • This year's report offers a data-backed counter narrative to several commonly held misconceptions about the private markets asset class.
  • The 2024 Market Overview addressed the following myths:
    MYTH: Private market valuations are inaccurate: It's not the first time private market valuations have been criticized, but this past year's skepticism toward how private markets value their holdings has been notable.
  • This year's Market Overview finds that overall, private markets remain resilient, despite skepticism and nerves driven by slow fundraising.

Energea Announces Strong 2023 Performance Amid Challenging Market Conditions

Retrieved on: 
Monday, March 4, 2024

CHESTER, Conn., March 4, 2024 /PRNewswire/ -- Energea, a renewable energy investment firm, shared its 2023 annual performance report , showcasing resilience and growth despite a turbulent economic landscape.

Key Points: 
  • CHESTER, Conn., March 4, 2024 /PRNewswire/ -- Energea, a renewable energy investment firm, shared its 2023 annual performance report , showcasing resilience and growth despite a turbulent economic landscape.
  • Despite facing high-interest rates and inflation, Energea successfully navigated these challenges, achieving a slight increase in IRR from 12.13% to 12.26%.
  • Energea attributes this success to a diversified investment strategy, emphasizing long-term power purchase agreements that naturally align with fluctuating energy prices.
  • Energea's expansion from 19 to 50 team members in 2023 has enhanced its management services, particularly in operations, maintenance, and energy credit management.

RYBREVANT® (amivantamab-vmjw) in Combination With Chemotherapy Is the First FDA Approved Therapy for First-line Treatment of Patients With Non-Small Cell Lung Cancer with EGFR Exon 20 Insertion Mutations

Retrieved on: 
Friday, March 1, 2024

RARITAN, N.J., March 1, 2024 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) announced today that following a priority review, the U.S. Food and Drug Administration (FDA) has approved RYBREVANT® (amivantamab-vmjw) in combination with chemotherapy (carboplatin-pemetrexed) for the first-line treatment of patients with locally advanced or metastatic non-small cell lung cancer (NSCLC) with epidermal growth factor receptor (EGFR) exon 20 insertion mutations as detected by an FDA-approved test.1 This FDA action converts the May 2021 accelerated approval of RYBREVANT® to a full approval based on the confirmatory Phase 3 PAPILLON study.

Key Points: 
  • The approval of RYBREVANT plus chemotherapy heralds a promising new first-line treatment option for patients newly diagnosed with non-small cell lung cancer where their driver mutation is an EGFR exon 20 insertion," said Marcia Horn**, Executive Director of the Exon 20 Group and CEO of ICAN, International Cancer Advocacy Network.
  • We've seen first-hand the extended survival that Exon 20 Group patients experienced on RYBREVANT plus chemotherapy in the PAPILLON study, and we're delighted that this historic treatment option, which specifically targets the EGFR exon 20 insertion mutation, has been approved."
  • "RYBREVANT plus chemotherapy is the first targeted approach approved for the first-line treatment of patients with NSCLC with EGFR exon 20 insertion mutations.
  • We look forward to building on this latest milestone as we continue to accelerate our transformative lung cancer portfolio."

One United Properties posts a consolidated turnover of 306.6 million euros and a gross profit of 105.9 million euros in 2023

Retrieved on: 
Tuesday, February 27, 2024

The gross profit reached 105.9 million euros, a 9% increase excluding the one-off gain from Bucur Obor's bargain purchase of 19.1 million euros recognized in 2022.

Key Points: 
  • The gross profit reached 105.9 million euros, a 9% increase excluding the one-off gain from Bucur Obor's bargain purchase of 19.1 million euros recognized in 2022.
  • The net profit amounted to 89.6 million euros, an increase of 8% compared to 2022, excluding the one-off.
  • Revenues from the residential segment reached 226.9 million euros in 2023, a 45% year-on-year increase driven by a diverse residential offering.
  • Based on the contracts signed with clients as of December 31st, 2023, One United Properties expects additional cash inflows of 295 million euros by 2025.

Ventas Reports 2023 Full Year Results and Provides 2024 Outlook

Retrieved on: 
Wednesday, February 14, 2024

A description of full year 2023 results is as follows:

Key Points: 
  • A description of full year 2023 results is as follows:
    2023 Net (Loss) Income Attributable to Common Stockholders per share increased $0.02 compared to 2022.
  • 2023 Total Company Net Operating Income* (“NOI”) increased year-over-year by 4.5% and Total Company Same-Store Cash NOI* was 8.1% higher year-over-year.
  • Successful Execution of Equitized Loan Portfolio Transaction: Ventas successfully took ownership of and integrated the collateral for the “Santerre” mezzanine loan.
  • Ventas expects to report 2024 per share Attributable Net Income to common stockholders, Nareit FFO and Normalized FFO within the following ranges:

Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters

Retrieved on: 
Tuesday, February 13, 2024

Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel.

Key Points: 
  • Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel.
  • We are calling on SmartRent's management team and Board to promptly address and clarify the unresolved issues outlined below, and we urge fellow shareholders to do the same.
  • We believe software revenue, which is recurring and high margin, is the main contributor to SmartRent's enterprise value.
  • However, Mr. Haldeman has increasingly minimized the significance of new units as a KPI4, defensively and ex post facto, in our view.