I-45

Capital Southwest Announces Financial Results for Third Fiscal Quarter Ended December 31, 2023 and Announces Total Dividends of $0.63 per share for the Quarter Ended March 31, 2024

Retrieved on: 
Monday, January 29, 2024
Increment, Small Business Administration, Share repurchase, Deutsche Bank, Sale, Commitment, SBA, Growth, Assumption, IRR, Revenue recognition, Pediatric dentistry, Equity, Small business, Orthodontics, SIB, UTI, NAV, CDC, Investment, Acquisition, Exercise, Preferred stock, Credit, SBIC, Treasury, Common equity, I-45, Line of credit, Note, Security (finance)

For the quarter ended December 31, 2023, total operating expenses (excluding interest expense) were $7.3 million, compared to $5.9 million in the prior quarter.

Key Points: 
  • For the quarter ended December 31, 2023, total operating expenses (excluding interest expense) were $7.3 million, compared to $5.9 million in the prior quarter.
  • For the quarter ended December 31, 2023, interest expense was $11.5 million as compared to $10.5 million in the prior quarter.
  • For the quarter ended December 31, 2023, total pre-tax net investment income was $29.8 million, compared to $26.4 million in the prior quarter.
  • During the quarter ended December 31, 2023, the Company did not repurchase any shares of the Company’s common stock under the share repurchase program.

Attorney Amy Witherite Warns: First Responders in Texas Should Be Concerned About Autonomous Trucks

Retrieved on: 
Monday, January 22, 2024
Other Consumer, Alternative Vehicles, Fuels, Other Transport, Trucking, Vehicle Technology, Transport, Other Technology, Public Policy, Government, Software, Hardware, Consumer, Logistics, Supply Chain Management, Retail, Public Safety, Technology, Legal, Public Transport, Law Enforcement, Emergency Services, Professional Services, Other Automotive, Performance & Special Interest, Fleet Management, Automotive, Automotive Manufacturing, Manufacturing, Other Travel, Transportation, Autonomous Driving, Vehicles, Artificial Intelligence, Travel, Risk, Multimedia, Firefighter, Culver City, California, Crash, Police, I-45, Safety, National Transportation Safety Board, NTSB, Australian Transport Safety Bureau, Road

2024 is the year many companies are promising to place tractor-trailers on Texas highways without a driver in the cab.

Key Points: 
  • 2024 is the year many companies are promising to place tractor-trailers on Texas highways without a driver in the cab.
  • Attorney Amy Witherite, an expert in trucking safety, warns that these 80,000-pound vehicles may pose a special danger to first responders.
  • Using a fire engine to protect first responders at accident scenes is a widespread practice.
  • This year there was a major increase in drivers who are afraid, rising to 68% as compared to 55% in 2022.

LGI Homes Opens Two Brand-New Communities in the Houston Market

Retrieved on: 
Thursday, December 14, 2023
Interior, Sugar Land Town Square, LGI, LGI Homes, Sugar Land, Texas, LED, Wayside, Thermostat, I-45, BBQ, George Bush Intercontinental Airport, Self storage

HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of two new communities in the Houston market: Emberly in Beasley and Wayside Village in northeast Houston.

Key Points: 
  • HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of two new communities in the Houston market: Emberly in Beasley and Wayside Village in northeast Houston.
  • Both communities offer exceptional new homes starting in the $200s, and are located minutes away from major employers and exciting area attractions.
  • LGI Homes at Emberly offers six brand-new floor plans, ranging in size from 1,421 square feet with three bedrooms to 2,281 square feet with four bedrooms.
  • Wayside Village by LGI Homes offers new, move-in-ready homes in northeast Houston, where residents enjoy quick access to I-69, I-610 and I-45.

Capital Southwest Announces Financial Results for Second Fiscal Quarter Ended September 30, 2023 and Announces Increase in Total Dividends to $0.63 per share for the Quarter Ended December 31, 2023

Retrieved on: 
Monday, October 30, 2023
Line of credit, Treasury, SOFR, Equity, National Institute for Health and Care Excellence, Exercise, PTSD, Small Business Administration, Deutsche Bank, NAV, Primary Dealer Credit Facility, Share repurchase, Acquisition, Engineering, Small business, Credit, Safety, Investment, Patient, Revenue recognition, Debenture, SBIC, Note, Growth, Pharmacy, External commercial borrowing, Depression, State Board of Administration of Florida, SBA, UTI, Chronic pain, I-45, Credit Accumulation and Transfer Scheme, Common, Renewable energy, Bank, Security (finance), Holding company

For the quarter ended September 30, 2023, Capital Southwest reported total investment income of $42.8 million, compared to $40.4 million in the prior quarter.

Key Points: 
  • For the quarter ended September 30, 2023, Capital Southwest reported total investment income of $42.8 million, compared to $40.4 million in the prior quarter.
  • For the quarter ended September 30, 2023, total operating expenses (excluding interest expense) were $5.9 million, compared to $5.7 million in the prior quarter.
  • For the quarter ended September 30, 2023, interest expense was $10.5 million as compared to $9.7 million in the prior quarter.
  • For the quarter ended September 30, 2023, total pre-tax net investment income was $26.4 million, compared to $25.0 million in the prior quarter.

Aurora Opens First Commercial-Ready Route for its Planned Driverless Truck Launch in Late 2024

Retrieved on: 
Wednesday, November 1, 2023
Vehicle Technology, Trucking, Automotive, Logistics, Supply Chain Management, Transport, Autonomous Driving, Vehicles, Fleet Management, Command center, Credit, AUR, I-45, Innovation, Aurora Innovation, Entrepreneurship, FedEx, Multimedia, Warehouse

Nearly half of all truck freight in Texas moves along the I-45 between Dallas and Houston, making this corridor an ideal route for Aurora’s commercial launch.

Key Points: 
  • Nearly half of all truck freight in Texas moves along the I-45 between Dallas and Houston, making this corridor an ideal route for Aurora’s commercial launch.
  • Similar to its first terminal in South Dallas , Aurora’s new terminal in Houston is designed to support and service driverless trucks at a commercial scale.
  • View the full release here: https://www.businesswire.com/news/home/20231101915707/en/
    Aurora autonomous truck outside Aurora's new Houston terminal designed to support and service driverless trucks at a commercial scale.
  • (Credit: Aurora)
    “Opening a driverless trucking lane flanked by commercially-ready terminals is an industry-first that unlocks our ability to launch our driverless trucking product,” said Sterling Anderson, Co-Founder and Chief Product Officer at Aurora.

Ed Morse Automotive Group Gets Bigger in Texas with the Acquisition of Three Dealerships in Fairfield

Retrieved on: 
Wednesday, October 11, 2023
Ford, United States Numbered Highway System, US, Chevrolet, History, I-45, Car dealership, Central Texas

FAIRFIELD, Texas, Oct. 11, 2023 /PRNewswire/ -- The Ed Morse Automotive Group announced today that it has acquired three dealerships in Fairfield, Texas.

Key Points: 
  • FAIRFIELD, Texas, Oct. 11, 2023 /PRNewswire/ -- The Ed Morse Automotive Group announced today that it has acquired three dealerships in Fairfield, Texas.
  • The new dealerships will be:
    Freedom Ford by Ed Morse, formerly Freestone Ford at 1201 US Highway 84 W, Fairfield.
  • Freedom Chevrolet by Ed Morse, formerly Freestone Chevrolet at 320 I-45, Fairfield.
  • Our team is excited to be part such a vibrant community and will continue these dealerships' history of exceptional deals and outstanding customer service," said Teddy Morse, Chairman and CEO of Ed Morse Automotive Group.

Century Communities Reveals New Community Now Selling in Willis, TX

Retrieved on: 
Thursday, October 5, 2023
Golden Joystick Awards, NYSE, Trust (social science), Woodlands, 21st Century Community Learning Centers, Recreation, I-45, Building, Newsweek, Lake Conroe

HOUSTON, Oct. 5, 2023 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—revealed that Lexington Heights, the company's new community in Willis, is now selling from the high $200s. A model home showcasing the community's Hampton floor plan is set to open for tours later this month.

Key Points: 
  • A model home showcasing the community's Hampton floor plan is set to open for tours later this month.
  • Residents will also love a convenient location near outdoor recreation at Lake Conroe, along with easy access to nearby Conroe and The Woodlands via I-45.
  • "Lexington Heights offers quality and affordable new homes in a fantastic location near Lake Conroe," said Blake Roberts, Houston Division President.
  • "As we get ready to debut our new model home, it's the perfect time for interested buyers to get in early while Grand Opening pricing is still available."

Oxland Group Reveals Plans for 1,860-acre Master-Planned Community in Montgomery County

Retrieved on: 
Wednesday, August 23, 2023
Interior Design, Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Landscape, Goat farming, Heart, Music, General store, Housing, Homestead, Drink, Nielsen Pool House, Visitor center, Tree, Walkers, Craftsman, Canyons of the Ancients Visitor Center and Museum, Dance hall, Multimedia, Goat Farm Arts Center, Sale, I-45, Mountain View Homestead and General Store, Journal of Contemporary European Studies, Nature, The Dance Hall, Ecosystem, Great hall, The Great Hall, Goat, Amusement park, Oxland

Oxland Group , a Texas-based residential development company, presented plans for its recently acquired 1,860-acre development to more than 30 residential home builders yesterday in Houston.

Key Points: 
  • Oxland Group , a Texas-based residential development company, presented plans for its recently acquired 1,860-acre development to more than 30 residential home builders yesterday in Houston.
  • View the full release here: https://www.businesswire.com/news/home/20230823663383/en/
    Oxland Group introduces the vision for its new 1,860-acre development in Montgomery County, Texas, called Two Step Farm.
  • (Photo: Business Wire)
    “In a community named Two Step Farm, music is at its heart,” says Tom Woliver, co-president of Oxland Group.
  • Oxland Group closed on the land deal with Los Angeles- and Dallas-based Regent Properties on July 19, 2023.

Capital Southwest Announces Financial Results for First Fiscal Quarter Ended June 30, 2023 and Announces Increase in Total Dividends to $0.62 per share for the Quarter Ended September 30, 2023

Retrieved on: 
Monday, August 7, 2023
Transfer, Moody's Investors Service, Share repurchase, Line of credit, Revenue recognition, NAV, Equity, Treasury, Acquisition, Investment, Capital, SBA, DRIP, IRR, External commercial borrowing, UTI, First, Deutsche Bank, State Board of Administration of Florida, I-45, Primary Dealer Credit Facility, Growth, Security (finance), FDA, Credit, Common, Exercise, Credit Accumulation and Transfer Scheme, Trust, Fintech, Note, Small Business Administration, SOFR, Securities and Exchange Commission (Nigeria), Sale, Small business, Fitch Ratings, SBIC, Debenture, Airline, Bank, Renewable energy, Holding company, Real estate, Life insurance, Cryptocurrency, Fitch

For the quarter ended June 30, 2023, Capital Southwest reported total investment income of $40.4 million, compared to $37.2 million in the prior quarter.

Key Points: 
  • For the quarter ended June 30, 2023, Capital Southwest reported total investment income of $40.4 million, compared to $37.2 million in the prior quarter.
  • For the quarter ended June 30, 2023, total operating expenses (excluding interest expense) were $5.7 million, compared to $5.6 million in the prior quarter.
  • For the quarter ended June 30, 2023, interest expense was $9.7 million as compared to $8.8 million in the prior quarter.
  • Capital Southwest has scheduled a conference call on Tuesday, August 8, 2023, at 11:00 a.m. Eastern Time to discuss the first quarter 2024 financial results.

LGI Homes Introduces New Community in Houston Market

Retrieved on: 
Thursday, July 27, 2023
Lighting, NRG Stadium, Houston Sports Park, Houston Zoo, LGI Homes, Houston Museum District, Texas State Highway Beltway 8, I-45, US, LED, Tesoro, Park Vista, LGI

HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Houston, Texas.

Key Points: 
  • HOUSTON, July 27, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of its newest community in Houston, Texas.
  • Park Vista at El Tesoro offers homebuyers affordable, upgraded homes in an exceptional location near the city center of Houston.
  • Park Vista at El Tesoro , ideally located between I-45, US 610 and the Sam Houston Tollway, offers homeowners a quick commute to downtown Houston.
  • At Park Vista at El Tesoro, LGI Homes is constructing 615 single-family homes consisting of five floor plans.