WSFL-TV

Colonial Increases Its Stake in SFL

Retrieved on: 
Thursday, June 3, 2021
Commercial Building & Real Estate, Construction & Property, REIT, WSFL-TV, Television stations in the United States, Television stations, Television

The Colonial Group has approved a simplification of the shareholding structure of its subsidiary SFL which reinforces its Real Estate exposure in Paris and consists in:

Key Points: 
  • The Colonial Group has approved a simplification of the shareholding structure of its subsidiary SFL which reinforces its Real Estate exposure in Paris and consists in:
    a share and assets swap between SFL and Predica whereby Predica will transfer to SFL an 8% stake in SFL in the context of the SFL share buy-back program.
  • It is contemplated that the contribution by Predica of its 5% stake in SFL into Colonial and the share and assets swap would take place concurrently.
  • Within the framework of the agreed transactions, Colonial will file beginning of June - a voluntary mixed tender offer for all the shares of SFL owned by minority shareholders for a consideration equal to 46,66 and 5 newly issued shares of Colonial (listed in Madrid and Barcelona) for each share of SFL.
  • This transaction will allow Colonial to increase its stake in SFLs share capital from its current 81.7% to a minimum stake of 94%, including the possibility to acquire the entire share capital of SFL via the mixed tender offer.

WSFL in Miami will partner with WPLG to launch new newscasts

Retrieved on: 
Wednesday, March 10, 2021
Companies, Television, WSFL-TV, WPLG, E. W. Scripps Company, Berkshire Hathaway, American Broadcasting Company

Scripps Company (NASDAQ: SSP), and WPLG Local 10, an ABC affiliate owned by Berkshire Hathaway, will expand their commitment to South Florida audiences this spring with the launch ofnewdailylocal newsbroadcasts.

Key Points: 
  • Scripps Company (NASDAQ: SSP), and WPLG Local 10, an ABC affiliate owned by Berkshire Hathaway, will expand their commitment to South Florida audiences this spring with the launch ofnewdailylocal newsbroadcasts.
  • "In every market where Scripps owns a TV station, we provide local news to serve that local community.
  • "Miami is an active and diverse market with plenty of opportunity to bring news and entertainment to local audiences.
  • Audiences will be able to access these additional newscasts on all WSFL platforms, including Roku, Amazon and Apple streaming apps.

SFL - Preliminary Q4 2020 results and quarterly cash dividend of $0.15 per share

Retrieved on: 
Wednesday, February 17, 2021
Dividend, Shareholders, WSFL-TV, Cash flow, Television stations in the United States, Finance, Television stations

SFL Corporation Ltd. (SFL or the Company) today announced its preliminary financial results for the quarter ended December 31, 2020.

Key Points: 
  • SFL Corporation Ltd. (SFL or the Company) today announced its preliminary financial results for the quarter ended December 31, 2020.
  • SFL owns and manages a large and diversified fleet, of more than 80 vessels.
  • Cash flow from these assets have remained strong with no material operational impacts following the pandemic outbreak.
  • The Board of Directors has declared a quarterly cash dividend of $0.15 per share.

SFL – 2020 Annual Results

Retrieved on: 
Thursday, February 11, 2021
Professional services, Other Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, Valuation, WSFL-TV, Television stations in the United States, Television stations, Television

The portfolios appraisal value at 31 December 2020 was 4.2% higher on a like-for-like basis than at 31 December 2019.

Key Points: 
  • The portfolios appraisal value at 31 December 2020 was 4.2% higher on a like-for-like basis than at 31 December 2019.
  • After taking into account these core items, EPRA earnings came to 100.8 million in 2020.
  • In May 2020, SFL issued 500 million worth of 1.50% seven-year bonds due on 5 June 2027.
  • Lastly, at 31 December 2020, SFL had 1,040 million in undrawn lines of credit.

SFL - Update on Seadrill Restructuring

Retrieved on: 
Thursday, February 11, 2021
Seadrill, WSFL-TV, Companies, Television stations in the United States, Television stations

SFL Corporation Ltd. (NYSE: SFL) (SFL or the Company) announced today that, according to public filings, Seadrill Ltd. and most of its subsidiaries (Seadrill) filed Chapter 11 cases in the Southern District of Texas, USA (the Chapter 11 Proceedings).

Key Points: 
  • SFL Corporation Ltd. (NYSE: SFL) (SFL or the Company) announced today that, according to public filings, Seadrill Ltd. and most of its subsidiaries (Seadrill) filed Chapter 11 cases in the Southern District of Texas, USA (the Chapter 11 Proceedings).
  • In exchange, SFL will receive approximately 75% of the lease hire under the existing charter agreements for West Linusand West Hercules, for the same period.
  • Any excess amounts paid under the above referenced sub-charters will remain in Seadrills earnings accounts, pledged to SFL.
  • With regards to the rig West Taurus, the lease is expected to be rejected as part of Seadrills Chapter 11 Proceedings, and redelivered to SFL.

SFL - Invitation to Presentation of Q3 2019 Results

Retrieved on: 
Friday, November 15, 2019
Tribune Broadcasting, WSFL-TV, Lluís Companys, New York Stock Exchange, American television networks, Government of Spain, Spanish politicians

SFL Corporation Ltd. ("SFL" or the Company) (NYSE: SFL) plans to release its preliminary financial results for the third quarter of 2019 on Thursday, November 21, 2019.

Key Points: 
  • SFL Corporation Ltd. ("SFL" or the Company) (NYSE: SFL) plans to release its preliminary financial results for the third quarter of 2019 on Thursday, November 21, 2019.
  • SFL plans to host a conference call and webcast for all stakeholders and interested parties onThursday, November 21, 2019at 10:00 AM (EST) / 4:00 PM (CET).
  • Relevant material will be available from the Investor Relations section of the Companys website atwww.sflcorp.comon the same day.
  • Visit the Investor Relations section of the Companys website atwww.sflcorp.comand click on the link to "Webcast".

WSFL in Miami to launch news in 2020, bolstering Scripps' strong Florida coverage

Retrieved on: 
Thursday, November 14, 2019
American television networks, Television stations, The E.W. Scripps Company, WTXL-TV, WSFL-TV, E. W. Scripps Company, WFTX-TV, WPTV-TV, WHDT, WFTS-TV, Tallahassee, Florida, WSFL

Scripps Company (NASDAQ: SSP) will expand its commitment to Florida audiences next spring by adding original local news to its new television station WSFL in Miami-Ft. Lauderdale.

Key Points: 
  • Scripps Company (NASDAQ: SSP) will expand its commitment to Florida audiences next spring by adding original local news to its new television station WSFL in Miami-Ft. Lauderdale.
  • The introduction of a local news operation at WSFL builds on Scripps' strong presence across Florida: its six stations reach approximately 67 percent of the state's TV households.
  • Scripps also owns WFTS in Tampa, WPTV and WHDT in West Palm Beach, WTXL in Tallahassee and WFTX in Fort Myers.
  • "Our commitment to launch news in Miami expands Scripps' already impressive commitment as the largest news organization in Florida," said Brian Lawlor, president of Local Media.

SFL - Third-Quarter 2019 Financial Information

Retrieved on: 
Monday, October 14, 2019
Commercial Building & Real Estate, Construction & Property, Tribune Broadcasting, WSFL-TV, American television networks, Television stations in the United States, Television in the United States

During the first nine months of 2019, SFL signed leases for around 31,000 sq.m.

Key Points: 
  • During the first nine months of 2019, SFL signed leases for around 31,000 sq.m.
  • No properties were purchased or sold during the first nine months of 2019.
  • SFLs consolidated net debt at 30 September 2019 amounted to 1,734 million, compared with 1,688 million at 31 December 2018, representing a loan-to-value ratio of 23.8% based on the portfolios appraisal value at 30 June 2019.
  • In addition, SFL had 990 million in undrawn lines of credit at 30 September 2019.

SFL - Invitation to Presentation of Q2 2019 Results

Retrieved on: 
Wednesday, August 14, 2019
Finance, Economy, Corporate finance, Stock market, Lluís Companys, New York Stock Exchange, WSFL-TV, Investor relations

Ship Finance International Limited ("SFL" or the Company) (NYSE: SFL) plans to release its preliminary financial results for the second quarter of 2019 on Tuesday, August 20, 2019.

Key Points: 
  • Ship Finance International Limited ("SFL" or the Company) (NYSE: SFL) plans to release its preliminary financial results for the second quarter of 2019 on Tuesday, August 20, 2019.
  • SFL plans to host a conference call and webcast for all shareholders and interested parties onTuesday, August 20, 2019at 10:00 AM (EST) / 4:00 PM (CET).
  • Relevant material will be available from the Investor Relations section of the Companys website atwww.sflcorp.comon the same day.
  • Visit the Investor Relations section of the Companys website atwww.sflcorp.comand click on the link to "Webcast".

Berry Global Group, Inc. Announces Sale of Seal for Life Business to Arsenal Capital Partners

Retrieved on: 
Tuesday, July 30, 2019
Packaging, Chemicals, Plastics, Manufacturing, Berry Global, WSFL-TV, American television networks, Companies, Television stations in the United States

Berry Global Group, Inc. (NYSE: BERY), today announced it had completed the sale of its Seal for Life (SFL) business to Arsenal Capital Partners for approximately $330 million.

Key Points: 
  • Berry Global Group, Inc. (NYSE: BERY), today announced it had completed the sale of its Seal for Life (SFL) business to Arsenal Capital Partners for approximately $330 million.
  • The SFL business has been part of the Berry portfolio since 2007 and has been a strong contributor to the Company.
  • I thank the SFL team for their years of commitment and dedication to Berry and its customers.
  • We will use the proceeds of the sale to repay debt and expedite our primary goal of improving our balance sheet.