BCO

Brink’s Schedules Fourth-Quarter and Full Year 2023 Earnings Release and Conference Call for February 29, 2024

Retrieved on: 
Tuesday, February 13, 2024

The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international).

Key Points: 
  • The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international).
  • Participants should dial in at least five minutes prior to the start of the call.
  • A replay of the call will be available through March 7th, 2024, at (877) 344-7529 (in the U.S.) or (412) 317-0088 (international).
  • A webcast replay will also be available on the Brink’s Investor Relations site in the Events section.

Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings Per Share of $1.62

Retrieved on: 
Wednesday, January 31, 2024

Gross profit in the 2022 fourth quarter was $180.0 million and variable contribution in the 2022 fourth quarter was $234.0 million.

Key Points: 
  • Gross profit in the 2022 fourth quarter was $180.0 million and variable contribution in the 2022 fourth quarter was $234.0 million.
  • Truckload transportation revenue hauled via van equipment in the 2023 fourth quarter was $618.6 million, compared to $869.8 million in the 2022 fourth quarter.
  • Truckload transportation revenue hauled via unsided/platform equipment in the 2023 fourth quarter was $339.9 million, compared to $423.4 million in the 2022 fourth quarter.
  • The soft macro-freight environment, along with the additional operating week in the 2022 fourth quarter, made for challenging 2023 fourth quarter to 2022 fourth quarter comparisons,” said Landstar President and Chief Executive Officer Jim Gattoni.

Brink’s Declares Quarterly Dividend

Retrieved on: 
Thursday, January 18, 2024

RICHMOND, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of 22 cents per share on the company’s common stock.

Key Points: 
  • RICHMOND, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of 22 cents per share on the company’s common stock.
  • The dividend is payable on March 1, 2024, to shareholders of record as of February 5, 2024.

Goldmoney Inc. Announces Third Property Acquisition in the UK

Retrieved on: 
Friday, December 22, 2023

On December 22, 2023, Goldmoney Properties completed the acquisition of St James Place I and II, in Cirencester, Cotswold District, in the county of Gloucestershire, United Kingdom.

Key Points: 
  • On December 22, 2023, Goldmoney Properties completed the acquisition of St James Place I and II, in Cirencester, Cotswold District, in the county of Gloucestershire, United Kingdom.
  • The two buildings were acquired by ABRDN and a subsidiary of Phoenix Group Holdings for £47.4 million in 2019.
  • Statement from Roy Sebag, Founder and CEO of Goldmoney Inc.
    “With the acquisition of St James Place I and II, Goldmoney Properties now owns three long-life high quality real assets totaling over 412,000 square feet.
  • “We set out to build Goldmoney Properties into a second diversified income stream for Goldmoney Inc. by deploying the excess capital we had earned over the 2020-2023 period.

Brink’s Announces Additional $500 Million Share Repurchase Authorization

Retrieved on: 
Thursday, November 2, 2023

RICHMOND, Va., Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, today announced the authorization of a new share repurchase program.

Key Points: 
  • RICHMOND, Va., Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, today announced the authorization of a new share repurchase program.
  • On November 2, 2023, the Brink’s Board of Directors approved a new $500 million share repurchase authorization expiring on December 31, 2025.
  • Mark Eubanks, president and CEO, said: “Given our strong recent performance and outlook for the future, the Brink’s Board of Directors has authorized a $500 million share repurchase program, double the size of our last two programs.
  • The authorization allows us to continue to return capital to shareholders as a meaningful part of our capital allocation framework designed to maximize shareholder value creation.”
    The new program is in addition to the existing share repurchase program expiring December 31, 2023, that had $180 million in capacity as of June 30, 2023.

Landstar System Reports Third Quarter Revenue of $1.289B and Earnings Per Share of $1.71

Retrieved on: 
Wednesday, October 25, 2023

JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 third quarter on revenue of $1.289 billion.

Key Points: 
  • JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 third quarter on revenue of $1.289 billion.
  • Landstar reported EPS of $2.76 on revenue of $1.816 billion in the 2022 third quarter.
  • Gross profit in the 2022 third quarter was $185.7 million and variable contribution in the 2022 third quarter was $245.7 million.
  • Truckload transportation revenue hauled via van equipment in the 2023 third quarter was $665.6 million, compared to $914.2 million in the 2022 third quarter.

Brink’s Schedules Third-Quarter 2023 Earnings Release and Conference Call for November 7, 2023

Retrieved on: 
Tuesday, October 17, 2023

The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international).

Key Points: 
  • The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international).
  • Participants should dial in at least five minutes prior to the start of the call.
  • A replay of the call will be available through November 14, 2023, at (877) 344-7529 (in the U.S.) or (412) 317-0088 (international).
  • A webcast replay will also be available on the Brink’s Investor Relations site in the Events section.

Student Loan Debt Relief Scammers Permanently Banned from Industry, Ordered to Turn Over Assets under Proposed Order

Retrieved on: 
Monday, October 16, 2023

Two groups of student loan debt relief scammers will be permanently banned from the debt relief industry and are required to turn over their assets as part of a settlement with the Federal Trade Commission.

Key Points: 
  • Two groups of student loan debt relief scammers will be permanently banned from the debt relief industry and are required to turn over their assets as part of a settlement with the Federal Trade Commission.
  • The SL Finance defendants also falsely claimed that their program was part of the CARES Act or a similar COVID-19 relief program, according to the complaint.
  • Under the proposed orders with SL Finance, its owners, and BCO Consulting and its owners, the defendants will be permanently banned from debt relief of any kind.
  • They will also be banned from making any misrepresentations about financial products or services and from using false statements to collect consumers’ financial information.

Student Loan Debt Relief Scammers Permanently Banned from Industry, Ordered to Turn Over Assets under Proposed Order

Retrieved on: 
Monday, October 16, 2023

Two groups of student loan debt relief scammers will be permanently banned from the debt relief industry and are required to turn over their assets as part of a settlement with the Federal Trade Commission.

Key Points: 
  • Two groups of student loan debt relief scammers will be permanently banned from the debt relief industry and are required to turn over their assets as part of a settlement with the Federal Trade Commission.
  • The SL Finance defendants also falsely claimed that their program was part of the CARES Act or a similar COVID-19 relief program, according to the complaint.
  • Under the proposed orders with SL Finance, its owners, and BCO Consulting and its owners, the defendants will be permanently banned from debt relief of any kind.
  • They will also be banned from making any misrepresentations about financial products or services and from using false statements to collect consumers’ financial information.

Brink’s Declares Quarterly Dividend

Retrieved on: 
Thursday, September 21, 2023

RICHMOND, Va., Sept. 21, 2023 (GLOBE NEWSWIRE) -- The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of 22 cents per share on the company’s common stock.

Key Points: 
  • RICHMOND, Va., Sept. 21, 2023 (GLOBE NEWSWIRE) -- The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of 22 cents per share on the company’s common stock.
  • The dividend is payable on December 1, 2023, to shareholders of record on November 6, 2023.