PSLRA

United Rentals Announces Pricing of Private Offering of $1.1 Billion of 6.125% Senior Notes due 2034

Retrieved on: 
Thursday, March 7, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Acquisition, Regulation, Renting, Report, Person, News, PSLRA, Growth, Sale, Debt-to-GDP ratio, URNA, Tax, Insurance

United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% Senior Notes due 2034 (the “Notes”) in a private offering.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% Senior Notes due 2034 (the “Notes”) in a private offering.
  • URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries.
  • URNA is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes have not been and will not be registered under the Securities Act or under any state securities laws.

United Rentals Announces Proposed Private Offering of $1.1 Billion of Senior Notes due 2034

Retrieved on: 
Thursday, March 7, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Acquisition, Senior, Regulation, Renting, Report, Person, News, PSLRA, Growth, Sale, URNA, Tax, Insurance

United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount of Senior Notes due 2034 (the “Notes”) in a private offering.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount of Senior Notes due 2034 (the “Notes”) in a private offering.
  • URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries.
  • URNA is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • No assurance can be made that the offering of Notes will be consummated on its proposed terms or at all.

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Automatic Data Processing, Inc., and American Century Investments Services, Inc.

Retrieved on: 
Tuesday, February 27, 2024
Class Action Lawsuit, Professional Services, Legal, Court, ACI, PSLRA, Complaint, District court, ADP, STAT

Federman & Sherwood announces that on January 16, 2024, a class action lawsuit was filed in the United States District Court for the Middle District of Florida against Automatic Data Processing, Inc. (ADP), and American Century Investments Services, Inc. (ACI) (collectively, Defendants).

Key Points: 
  • Federman & Sherwood announces that on January 16, 2024, a class action lawsuit was filed in the United States District Court for the Middle District of Florida against Automatic Data Processing, Inc. (ADP), and American Century Investments Services, Inc. (ACI) (collectively, Defendants).
  • The Complaint alleges violations of federal securities laws, including Section 11, 12(a)(2), 15(a), 15(c), and 20(a) of the Securities Exchange Act of 1934, N.J.S.A.
  • 49:3-52 and 49:3-56, Florida Deceptive and unfair Trade Practices Act (FDUTPA), Fla. Stat.
  • You may move the Court no later than Monday, April 29, 2024, to serve as a lead plaintiff for the entire Class.

IF Bancorp, Inc. Announces Cash Dividend

Retrieved on: 
Wednesday, February 14, 2024
Banking, Professional Services, PSLRA, Government, Annual report, COVID-19, Security (finance)

IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share.

Key Points: 
  • IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share.
  • The dividend will be paid on April 15, 2024, to stockholders of record as of the close of business on March 22, 2024.
  • “We are pleased to continue paying a cash dividend to our stockholders,” said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company.
  • For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the PSLRA.

Great Lakes Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024
GLDD, Investment, PSLRA, Growth, Texas Coastal Bend, Cape Hatteras, Wind, Climate change, House, Legislation, Public utility, Disposal, Cape, Empire Wind, MBE, Water resources, GAAP, Ecosystem, Congress, Security (finance), Cyclone, State, Senate, Depreciation, DBE, Water, Language, PPA, Adjustment, Safety, Public expenditure, River, Insurance, Acquisition, Inflation, Power purchase agreement, PIN, Annual report, Corps, Disaster, Government, Projection, WRDA, BP, Policy, Reputational damage, Liquefied natural gas, Infection, Video game

HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • Lasse Petterson, President and Chief Executive Officer commented, “We ended the year strong with solid fourth quarter results.
  • Gross margin percentage increased to 21.3% in the fourth quarter of 2023 from -11.0% in the fourth quarter of 2022 partially due to improved project performance.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future performance.
  • Great Lakes' future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.

IF Bancorp, Inc. Announces Results for Second Quarter of Fiscal Year 2024

Retrieved on: 
Tuesday, January 30, 2024
Banking, Professional Services, Finance, COVID-19, Security (finance), Annual report, ESOP, PSLRA, Sale, Income tax

Interest expense increased to $5.8 million for the three months ended December 31, 2023, from $2.1 million for the three months ended December 31, 2022.

Key Points: 
  • Interest expense increased to $5.8 million for the three months ended December 31, 2023, from $2.1 million for the three months ended December 31, 2022.
  • Noninterest income increased to $915,000 for the three months ended December 31, 2023, from $868,000 for the three months ended December 31, 2022.
  • Noninterest expense decreased to $4.7 million for the three months ended December 31, 2023, from $4.9 million for the three months ended December 31, 2022.
  • Provision for income tax decreased to $47,000 for the three months ended December 31, 2023, from $486,000 for the three months ended December 31, 2022.

WASTE CONNECTIONS ANNOUNCES CLOSING OF ACQUISITION OF SECURE ENERGY WASTE DIVESTITURES IN WESTERN CANADA

Retrieved on: 
Thursday, February 1, 2024
Biophysical environment, Secure, Competition Bureau, Social, Tervita, Waste Connections, Safety, Recycling, Cave, CAD, Municipal solid waste, Competition, TSX, PSLRA, Acquisition, Pacific Northwest, Risk, WCN, Movement

TORONTO, Feb. 1, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or "the Company") today announced the closing of the previously announced acquisition of the Secure Energy Services Inc. (TSX: SES) ("Secure") portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion.

Key Points: 
  • TORONTO, Feb. 1, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or "the Company") today announced the closing of the previously announced acquisition of the Secure Energy Services Inc. (TSX: SES) ("Secure") portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion.
  • "We are pleased to expand our R360 E&P waste operations into Canada, and we welcome the former Secure employees to the Waste Connections family," said Ronald J. Mittelstaedt, President and Chief Executive Officer.
  • Waste Connections ( wasteconnections.com ) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation.
  • You should not place undue reliance on forward‑looking statements, which speak only as of the date of this press release.

California Water Service Group Board of Directors Declares 316th Consecutive Quarterly Dividend and 57th Consecutive Annual Dividend Increase

Retrieved on: 
Friday, January 26, 2024
Weather, Uncertainty, SAN, California Water Service, CWT, Climate change, California Water Service Group, Risk management, Nature, PSLRA, News, Security (finance), Water quality

SAN JOSE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- At its meeting on January 25, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12.

Key Points: 
  • SAN JOSE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- At its meeting on January 25, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12.
  • This represents the company’s 57th consecutive annual dividend increase.
  • California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company.
  • California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at www.calwatergroup.com .

Federman & Sherwood Announces Filing the First Securities Class Action Lawsuit Against Evolution AB (OTC: EVVTY), Martin Carlesund, and Jacob Kaplan

Retrieved on: 
Saturday, January 27, 2024
Casino, Gaming, Professional Services, Class Action Lawsuit, Legal, Entertainment, Lung compliance, Complaint, Section, District court, American depositary receipt, Court, OTC, PSLRA, Growth

Federman & Sherwood announces that on January 23, 2024 it filed a class action lawsuit in the United States District Court for Eastern District of Pennsylvania against Evolution AB (OTC: “EVVTY”) (“Evolution”), Martin Carlesund, and Jacob Kaplan (“Defendants”).

Key Points: 
  • Federman & Sherwood announces that on January 23, 2024 it filed a class action lawsuit in the United States District Court for Eastern District of Pennsylvania against Evolution AB (OTC: “EVVTY”) (“Evolution”), Martin Carlesund, and Jacob Kaplan (“Defendants”).
  • As a result, Evolution saw a significant change in the value of its share prices, including its American Depository Shares (“ADSs”).
  • Plaintiffs seek to recover damages on behalf of all Evolution AB investors who purchased securities, including ADSs, during the Class Period.
  • Managing Partner, William B. Federman has served as counsel for many shareholders and handled over sixty class action suits.

Federman & Sherwood Announces Filing the First Securities Class Action Lawsuit Against Evolution AB, Martin Carlesund, and Jacob Kaplan

Retrieved on: 
Thursday, January 25, 2024
Casino, Gaming, Entertainment, Legal, Professional Services, Complaint, Section, District court, American depositary receipt, Court, PSLRA, Growth

Federman & Sherwood announces that on January 23, 2024 it filed a class action lawsuit in the United States District Court for Eastern District of Pennsylvania against Evolution AB (“Evolution”), Martin Carlesund, and Jacob Kaplan (“Defendants”).

Key Points: 
  • Federman & Sherwood announces that on January 23, 2024 it filed a class action lawsuit in the United States District Court for Eastern District of Pennsylvania against Evolution AB (“Evolution”), Martin Carlesund, and Jacob Kaplan (“Defendants”).
  • As a result, Evolution saw a significant change in the value of its share prices, including its American Depository Shares (“ADSs”).
  • Plaintiffs seek to recover damages on behalf of all Evolution AB investors who purchased securities, including ADSs, during the Class Period.
  • Managing Partner, William B. Federman has served as counsel for many shareholders and handled over sixty class action suits.