Atlas Corporation

KBRA Affirms Atlas Corporation’s BB+ Issuer Rating

Retrieved on: 
Wednesday, August 23, 2023
Professional Services, Finance, TEU, Maintenance, KBRA, St. Louis Fed Financial Stress Index, BB, Movement, Government, COVID-19, NBV, Risk, Atlas Corporation, Growth, Adjustment, APR, Security (finance), Airline, Seaspan ULC

KBRA affirms the BB+ issuer rating of Atlas Corp. (Atlas, or the “Company”), a global asset management company based in Vancouver, BC, focused on assets in the maritime sector, energy sector and other infrastructure verticals.

Key Points: 
  • KBRA affirms the BB+ issuer rating of Atlas Corp. (Atlas, or the “Company”), a global asset management company based in Vancouver, BC, focused on assets in the maritime sector, energy sector and other infrastructure verticals.
  • Atlas’ issuer rating is primarily driven by the BB+ issuer rating of Atlas’ largest wholly-owned operating subsidiary, Seaspan Corporation (Seaspan), which accounts for the significant majority of Atlas’ consolidated business, balance sheet and earnings (representing 91% of consolidated Adjusted EBITDA in Fiscal Year 2022).
  • Therefore, in the absence of material debt obligations at the Atlas holding company level, the rating is closely tied to the issuer rating of Seaspan.
  • Atlas’ issuer rating, in the absence of material debt at the Atlas holding company level, is closely tied to the rating of Seaspan as Seaspan represents most of Atlas’ consolidated balance sheet and earnings.

Atlas Corp.'s 2022 Sustainability Report: Embedded ESG Values Drive Decision Making

Retrieved on: 
Tuesday, July 11, 2023
Society, Sustainability reporting, Calendar, International Seafarers' Welfare and Assistance Network, Woman, Materiality, Sailor, Sustainability accounting, Investment, Biophysical environment, Atlas Corporation, ESG, APR, Annual report, Renewable energy, Management, Seaspan ULC, Social

LONDON, July 11, 2023 /PRNewswire/ -- Atlas Corp. ("Atlas" or the "Company") is pleased to announce the publication of its 2022 Sustainability Report, its third annual report.

Key Points: 
  • LONDON, July 11, 2023 /PRNewswire/ -- Atlas Corp. ("Atlas" or the "Company") is pleased to announce the publication of its 2022 Sustainability Report, its third annual report.
  • The report demonstrates Atlas' long-standing commitment to embedding Environmental, Social, and Governance ("ESG") principles into daily operations and decision making.
  • In the 2022 Sustainability Report, Atlas applied the Global Reporting Initiative and Sustainability Accounting Standards Board reporting frameworks as guidance to determine report content and quality in terms of materiality, stakeholder inclusiveness, sustainability context, and clarity.
  • Bing Chen, President & CEO of Atlas, commented, "ESG has been firmly embedded in our vision, mission, and our employees' daily work across the group.

Atlas Corp.'s 2022 Sustainability Report: Embedded ESG Values Drive Decision Making

Retrieved on: 
Tuesday, July 11, 2023
Society, Sustainability reporting, Calendar, International Seafarers' Welfare and Assistance Network, Woman, Materiality, Atlas Corporation, Sailor, Sustainability accounting, Investment, Biophysical environment, ESG, APR, Annual report, Renewable energy, Management, Seaspan ULC, Social

LONDON, July 11, 2023 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") is pleased to announce the publication of its 2022 Sustainability Report, its third annual report.

Key Points: 
  • LONDON, July 11, 2023 /PRNewswire/ - Atlas Corp. ("Atlas" or the "Company") is pleased to announce the publication of its 2022 Sustainability Report, its third annual report.
  • The report demonstrates Atlas' long-standing commitment to embedding Environmental, Social, and Governance ("ESG") principles into daily operations and decision making.
  • In the 2022 Sustainability Report, Atlas applied the Global Reporting Initiative and Sustainability Accounting Standards Board reporting frameworks as guidance to determine report content and quality in terms of materiality, stakeholder inclusiveness, sustainability context, and clarity.
  • Bing Chen, President & CEO of Atlas, commented, "ESG has been firmly embedded in our vision, mission, and our employees' daily work across the group.

Western Exploration Reports Average of 69.3% Gold Extraction from First Round of Metallurgical Test Work at Doby George, Aura Project, NV

Retrieved on: 
Monday, July 10, 2023
Mining, Minerals, Natural Resources, WEX, Atlas, Multimedia, Sulfur, Homestake Mining Company, Big Graveling Creek, Gold, Map, Atlas Corporation, News, Economics, Uranium mining

Bottle roll recoveries from the various crush sizes sampled returned positive results that will form the basis for compositing mineralization for additional column leach test work at Doby George.

Key Points: 
  • Bottle roll recoveries from the various crush sizes sampled returned positive results that will form the basis for compositing mineralization for additional column leach test work at Doby George.
  • Average gold extraction of oxide mineralization of 69.3% from the agitated cyanidation bottle roll leach test work.
  • Western Exploration CEO, Darcy Marud, commented: "It's an exciting time for the Doby George deposit following our exploration success in 2022.
  • Doby George is a very exciting resource for Western Exploration and we still have extensive exploration upside on the property, particularly at Gravel Creek where our 2023 drill program is focused."

Concerned Shareholder Urges BlackBerry Board to Guard Against Unfair Buyout Bids and Oppose Watsa as Director as Board Considers Strategic Alternatives

Retrieved on: 
Thursday, June 22, 2023
Berkshire Hathaway, Morgan Stanley, IPO, Partnership, BlackBerry Limited, TradeWinds, Failure, Internet of things, CrowdStrike, Compensation, Software, CyberArk, Sokol, History, McKinsey & Company, Prem Watsa, Judgement, Amazon, Eyebrow, IVY, Superior Court of Quebec, Trust, The Company, BlackBerry, Acquisition, Annual general meeting, TSX, QNX, Growth, Emphasis, Fairfax Financial, OEM, Letter, BB, United Kingdom company law, Nomination, Common, Security (finance), Management, Cryptocurrency, Lubrizol, Atlas Corporation, Computer security

Accordingly, Mr. Gardner is urging the Board and shareholders to vote against Watsa as a director, given his conflict of interest as Fairfax's principal.

Key Points: 
  • Accordingly, Mr. Gardner is urging the Board and shareholders to vote against Watsa as a director, given his conflict of interest as Fairfax's principal.
  • Mr. Gardner is also urging the Board to resist unfair take-private bids and implement safeguards to protect minority shareholders.
  • As you may recall, I am a long-term investor in BlackBerry Limited ("BlackBerry" or the "Company"), holding approximately 5,000,000 shares of the Company's common stock.
  • At a minimum, the Board should exclude Watsa from its assessment of strategic alternatives given Watsa's clear conflict of interest.

Atlas and Poseidon Announce Completion of Acquisition by Poseidon Acquisition Corp.

Retrieved on: 
Tuesday, March 28, 2023
Agreement, Plan, The Washington Family, Committee, Honigman LLP, Washington family, ONE, Morgan Stanley, Latham & Watkins, Citigroup, Fairfax Financial, Bank, Torys, Tunnell, Atlas Corporation, Gibson Dunn, ATCO, Canadian House of Commons Special Committee on Electoral Reform, Fundamental, NYSE, Security (finance), Mergers and acquisitions, Poseidon

LONDON and TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Atlas Corp. (“Atlas” or the “Company”) (NYSE: ATCO) and Poseidon Acquisition Corp. ("Poseidon"), an entity formed by certain affiliates of Fairfax Financial Holdings Limited ("Fairfax"), certain affiliates of the Washington Family ("Washington"), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte.

Key Points: 
  • LONDON and TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Atlas Corp. (“Atlas” or the “Company”) (NYSE: ATCO) and Poseidon Acquisition Corp. ("Poseidon"), an entity formed by certain affiliates of Fairfax Financial Holdings Limited ("Fairfax"), certain affiliates of the Washington Family ("Washington"), David Sokol, Chairman of the Board of Atlas, and Ocean Network Express Pte.
  • Ltd. ("ONE"), and certain of their respective affiliates, today announced the completion of the previously announced transaction pursuant to which Poseidon acquired all outstanding common shares of Atlas not already owned by Fairfax, Washington and Mr. Sokol.
  • Citi is serving as financial advisor to ONE and Latham & Watkins LLP is serving as legal advisor to ONE.
  • Torys LLP is serving as legal advisor to Fairfax, K&L Gates LLP is serving as legal advisor to Washington, and Honigman LLP is serving as legal advisor to David Sokol and Poseidon.

U.S. Power Rental Market Report 2023 to 2029: Government's Focus on the Generation of Power Through Clean Energy & Investments Likely to Boost the Market - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 23, 2023
Retail, Energy, Utilities, Other Retail, California Energy Commission, The Climate Mobilization, Investment, Electricity, Privacy and the US government, WSR, Generation, Atlas, IID, Lincoln Electric, DOE, USD, Government, Ventilation, HVAC, World Green Building Council, Natural gas, Air conditioning, Atlas Corporation, Climate, Heat, Transport, HP, APR, Imperial Irrigation District, Cummins, Perkins, Legislation, Self storage, Car rental, Amtrak

The U.S. power rental market is expected to grow at a CAGR of approximately 4.29% from 2022 to 2029.

Key Points: 
  • The U.S. power rental market is expected to grow at a CAGR of approximately 4.29% from 2022 to 2029.
  • The grants support climate and energy planning efforts on tribal lands and in tribal communities, including studies on developing renewable resources, microgrids, and energy storage systems.
  • Between 2010 and 2021, DOE invested about USD 16 million in more than 35 tribal renewable energy and energy efficiency projects in California.
  • The construction phase of various projects involves power for long hours of operation, which would create demand for rental generators in the S. power rental market.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ATCO, IAA, OYST

Retrieved on: 
Sunday, November 20, 2022
Poseidon, Ritchie Bros. Auctioneers, Sale, Advertising, Oyster Point, Viatris, IAA, Fraud, NYSE, Atlas Corporation, Security (finance)

If you are an Atlas shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Atlas shareholder, click here to learn more about your rights and options .
  • If you are an IAA shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AIMC, ABMD, BNFT, ATCO

Retrieved on: 
Thursday, November 10, 2022
Poseidon, GLOBE, Advertising, NASDAQ, ABIOMED, Sale, NYSE, Johnson & Johnson, Fraud, Atlas Corporation, Altra, Security (finance)

If you are an Altra shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Altra shareholder, click here to learn more about your rights and options .
  • If you are an ABIOMED shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BNFT, ATCO, ABMD, AVEO

Retrieved on: 
Thursday, November 3, 2022
Poseidon, LG Chem, Sale, Fraud, GLOBE, ABIOMED, Atlas Corporation, NYSE, Advertising, Johnson & Johnson, NASDAQ, Security (finance)

If you are a Benefitfocus shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Benefitfocus shareholder, click here to learn more about your rights and options .
  • If you are an Atlas shareholder, click here to learn more about your rights and options .
  • If you are an AVEO shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.