Latest news with #NasdaqGlobalSelectMarket
Yahoo
2 hours ago
- Business
- Yahoo
Great Southern Bancorp, Inc. Announces Second Quarter 2025 Preliminary Earnings Release Date and Conference Call
SPRINGFIELD, Mo., June 20, 2025 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, expects to report second quarter preliminary earnings after the market closes on Wednesday, July 16, 2025, and host a conference call on Thursday, July 17, 2025, at 2:00 p.m. Central Time (3:00 p.m. Eastern Time). The call will be available live or later in a recorded version at the Company's Investor Relations website, Participants may register for the call here. While not required, it is recommended that participants join 10 minutes prior to the event start. Instructions are provided to ensure the necessary audio applications are downloaded and installed. Users can obtain these programs at no cost. The Company will notify the public that second quarter 2025 results have been issued through a news release and will post the results to the Company's Investor Relations website. The earnings release will also be available on the Securities and Exchange Commission's (SEC) website, as an exhibit to a Current Report on Form 8-K that will be furnished by the Company to the SEC. About Great Southern Bank Headquartered in Springfield, Missouri, Great Southern offers a broad range of banking services to customers. The Company operates 89 retail banking centers in Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska and commercial lending offices in Atlanta, Charlotte, Chicago, Dallas, Denver, Omaha, and Phoenix. The common stock of Great Southern Bancorp, Inc. is listed on the Nasdaq Global Select Market under the symbol 'GSBC.' CONTACT: Jeff Tryka, CFA,Investor Relations,(616) 233-0500GSBC@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
10 hours ago
- Business
- Business Wire
Liberty Broadband Corporation Announces Record Date and Distribution Date for Spin-Off of GCI Liberty, Inc.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Broadband Corporation ('Liberty Broadband') (Nasdaq: LBRDA, LBRDK, LBRDP) announced today that, in connection with the upcoming spin-off (the 'Spin-Off') of its wholly owned subsidiary, GCI Liberty, Inc. ('GCI Liberty'), its Board of Directors has declared a record date of 5:00 p.m., New York City time, on June 30, 2025 (such date and time, the 'Record Date') for the distribution (the 'Distribution') of the GCI Group common stock (as defined below) and set a distribution date of 4:30 p.m., New York City time, on July 14, 2025 for the completion of the Spin-Off (such date and time, as amended, the 'Distribution Date'). In the Spin-Off, if all conditions to the Distribution are satisfied or, if permitted, waived as of the Distribution Date, Liberty Broadband will distribute 0.20 of a share of GCI Liberty's Series A GCI Group common stock, Series B GCI Group common stock and Series C GCI Group common stock (collectively, the 'GCI Group common stock') for each whole share of the corresponding series of Liberty Broadband common stock held as of the Record Date by the holder thereof. Cash (with no interest) will be paid in lieu of fractional shares of GCI Group common stock. Immediately following the Spin-Off, GCI Liberty will be an independent publicly traded company and its businesses, assets and liabilities will initially consist of 100% of the outstanding equity interests in GCI, LLC ('GCI') and its subsidiaries. The completion of the Spin-Off remains subject to satisfaction or, if permitted, waiver of certain conditions, including the receipt of the Regulatory Commission of Alaska's final order approving the transfer of an indirect controlling interest in the GCI Liberty licensee subsidiaries, which Liberty Broadband expects to receive by June 27, 2025. If the conditions to the Distribution are not satisfied or, if permitted, waived by the expected Distribution Date, then Liberty Broadband may defer the Distribution Date. If the Distribution Date is deferred, Liberty Broadband intends to promptly issue a press release and file a Current Report on Form 8-K to report such event. Trading Information Liberty Broadband expects that the shares of Series A GCI Group common stock and Series C GCI Group common stock will be listed on the Nasdaq Global Select Market under the ticker symbols 'GLIBA' and 'GLIBK,' respectively, and that the shares of Series B GCI Group common stock will be quoted on the OTC Markets under the symbol 'GLIBB,' in each case, beginning on July 15, 2025. There is no current trading market for GCI Group common stock, although Liberty Broadband expects that a limited market, commonly known as a 'when-issued' trading market, will develop on or shortly before the Record Date, and that 'regular-way' trading of GCI Group common stock will begin on the first trading day after the Distribution is completed. Following the Distribution, the number and series of shares of Liberty Broadband common stock owned by holders thereof will not change as a result of the Distribution, and Liberty Broadband Series A common stock and Liberty Broadband Series C common stock will continue to trade on the Nasdaq Global Select Market under the symbols 'LBRDA' and 'LBRDK,' respectively, and Liberty Broadband Series B common stock will continue to be quoted on the OTC Markets under the symbol 'LBRDB,' in each case, unless and until the acquisition of Liberty Broadband by Charter Communications, Inc. ('Charter') is consummated. Additional information regarding the Spin-Off is available on Liberty Broadband's Investor Relations site, specifically the presentation entitled '2025 GCI Liberty Investor Conference Call Addendum,' which can be accessed at the following URL: Forward-Looking Statements This communication includes certain forward-looking statements within the meaning the Private Securities Litigation Reform Act of 1995, including certain statements relating to the proposed timing of the Spin-Off of GCI Liberty, the listing of the GCI Group common stock and other matters that are not historical facts. All statements other than statements of historical fact are 'forward looking statements' for purposes of federal and state securities laws. These forward-looking statements generally can be identified by phrases such as 'possible,' 'potential,' 'intends' or 'expects' or other words or phrases of similar import or future or conditional verbs such as 'will,' 'may,' 'might,' 'should,' 'would' or 'could,' or similar variations. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, Liberty Broadband's ability to satisfy the conditions to the Spin-Off and the development of a trading market for the GCI Group common stock. These forward-looking statements speak only as of the date of this communication, and Liberty Broadband and GCI Liberty expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Broadband's or GCI Liberty's expectations with regard thereto or any change of events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Broadband and GCI Liberty, including the registration statement relating to the Spin-Off of GCI Liberty, and Liberty Broadband's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, as such risk factors may be amended, supplemented or superseded from time to time by other reports Liberty Broadband or GCI Liberty subsequently files with the SEC, for additional information about Liberty Broadband, GCI Liberty and the risks and uncertainties related to Liberty Broadband's and GCI Liberty's businesses which may affect the statements made in this communication. About Liberty Broadband Corporation Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP) operates and owns interests in a broad range of communications businesses. Liberty Broadband's principal assets consist of its interest in Charter and its subsidiary GCI. GCI provides data, mobile, video, voice and managed services to consumer, business, government and carrier customers throughout Alaska, serving more than 200 communities. The company has invested $4.7 billion in its Alaska network and facilities over the past 45 years. Through a combination of ambitious network initiatives, GCI continues to expand and strengthen its statewide network infrastructure to deliver the best possible connectivity to its customers and close the digital divide in Alaska.
Yahoo
13-06-2025
- Business
- Yahoo
Jefferson Capital Announces Launch of Initial Public Offering
MINNEAPOLIS, June 13, 2025 /PRNewswire/ -- Jefferson Capital, Inc. ("Jefferson Capital"), a leading analytically driven purchaser and manager of charged-off and insolvency consumer accounts, today announced that it has commenced the roadshow for its proposed underwritten initial public offering of its common stock. The proposed offering consists of 625,000 shares of common stock offered by Jefferson Capital and 9,375,000 shares of common stock offered by certain existing stockholders. In addition, the underwriters of the offering will have a 30-day option to purchase from the selling stockholders up to 1,500,000 additional shares of common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $15.00 and $17.00 per share. Jefferson Capital expects that its common stock will be approved for listing, subject to notice of issuance, on the Nasdaq Global Select Market under the ticker symbol "JCAP." Jefferson Capital will not receive any proceeds from the sale of shares by the selling stockholders. Jefferies and Keefe, Bruyette & Woods, A Stifel Company, are acting as joint-lead book-running managers for the proposed offering. Citizens Capital Markets, Raymond James, Truist Securities, Capital One Securities, DNB Carnegie, Regions Securities LLC and Synovus are acting as book-running managers for the proposed offering. FHN Financial Securities Corp. and ING Financial Markets LLC are acting as co-managers for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from: Jefferies LLC, at Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at 877-821-7388, or by email at prospectus_department@ or Keefe, Bruyette & Woods, Inc. by telephone at (800) 966-1559, or by e-mail at USCapitalMarkets@ A registration statement on Form S-1 relating to the proposed sale of these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Use of Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. About Jefferson Capital, Inc. Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America. It purchases and services both secured and unsecured assets, and its growing client base includes Fortune 500 creditors, banks, fintech origination platforms, telecommunications providers, credit card issuers and auto finance companies. Jefferson Capital is headquartered in Minneapolis, Minnesota with additional offices and operations located in Sartell, Minnesota, Denver, Colorado and San Antonio, Texas (United States); Basingstoke, England; London, England and Paisley, Scotland (United Kingdom); London, Ontario and Toronto, Ontario (Canada); as well as Bogota (Colombia). Contacts Investor Contact: Christo RealovIR@ Press Contact: Matthew View original content: SOURCE Jefferson Capital Sign in to access your portfolio
Yahoo
12-06-2025
- Business
- Yahoo
Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2025
FAIRPORT, N.Y., June 12, 2025 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2025. Executive Summary (vs. year-ago, year-to-date results): Net sales for the twelve months ended March 31, 2025 totaled $1,578.9 million compared to $1,458.6 million for the twelve months ended March 31, 2024. The year-over-year increase of $120.3 million was driven by higher sales volumes, complemented by higher selling prices and favorable mix. Gross margin as a percentage of net sales is 9.5% for the twelve months ended March 31, 2025, as compared to 12.9% for the twelve months ended March 31, 2024. 'We completed a strong fiscal 2025 despite various challenges posed by a rainy growing season, increasing costs, and fluctuating tariffs,' stated Paul Palmby, President and Chief Executive Officer of Seneca Foods. 'Increased sales volumes and excellent operating cash flow led to a reduction in net debt of $297M year-over-year. However, in the short-term we continue to see the impact of our high-cost 2024 pack weigh on margins.' Executive Summary (vs. year-ago, fourth quarter results): Net sales for the fourth quarter of fiscal 2025 totaled $345.8 million compared to $308.0 million for the fourth quarter of fiscal 2024. The year-over-year increase of $37.8 million was driven by higher sales volumes, complemented by higher selling prices and favorable mix. Gross margin as a percentage of net sales is 4.5% for the three months ended March 31, 2025, as compared to 6.7% for the three months ended March 31, 2024. About Seneca Foods Corporation Seneca Foods is one of North America's leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high quality products are primarily sourced from more than 1,100 American farms and are distributed to approximately 55 countries. Seneca holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips and cherry products. Products are also sold under the highly regarded brands of Libby's®, Green Giant®, Aunt Nellie's®, Green Valley®, CherryMan®, READ®, and Seneca labels, including Seneca snack chips. Seneca's common stock is traded on the Nasdaq Global Select Market under the symbols 'SENEA' and 'SENEB'. SENEA is included in the S&P SmallCap 600, Russell 2000 and Russell 3000 indices. Non-GAAP Financial Measures Adjusted net earnings excludes the non-cash charges related to the last-in, first-out (LIFO) inventory valuation method, net of applicable income taxes. The Company believes this non-GAAP financial measure provides for a better comparison of year over year operating performance. The Company does not intend for this information to be considered in isolation or as a substitute for other measures prepared in accordance with GAAP. Set forth below is a reconciliation of reported earnings before income taxes to adjusted net earnings (in thousands). Twelve Months Ended March 31, March 31, 2025 2024 Earnings before income taxes, as reported $ 54,483 $ 82,999 LIFO charge 34,474 22,342 Adjusted earnings before income taxes 88,957 105,341 Income taxes 21,843 25,177 Adjusted net earnings $ 67,114 $ 80,164 Set forth below is a reconciliation of reported net earnings to EBITDA and FIFO EBITDA (earnings before interest, income taxes, depreciation, amortization and non-cash charges related to the LIFO inventory valuation method). The Company does not intend for this information to be considered in isolation or as a substitute for other measures prepared in accordance with GAAP (in thousands). Twelve Months Ended EBITDA and FIFO EBITDA: March 31, March 31, 2025 2024 Net earnings $ 41,224 $ 63,318 Income taxes 13,259 19,681 Interest expense, net of interest income 33,245 34,020 Depreciation and amortization 49,795 50,729 Interest amortization (565 ) (447 ) EBITDA 136,958 167,301 LIFO charge 34,474 22,342 FIFO EBITDA $ 171,432 $ 189,643 Forward-Looking Information This release contains 'forward-looking statements' as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they address future events, developments, and results and do not relate strictly to historical facts. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and may contain the words "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "seeks," "should," "likely," "targets," "may," "can' and variations thereof and similar expressions. Forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors that could cause actual results to differ materially from those expressed. We believe important factors that could cause actual results to differ materially from our expectations include, but are not limited to, the following: the effects of rising costs and availability of raw fruit and vegetables, steel, ingredients, packaging, other raw materials, distribution and labor; crude oil prices and their impact on distribution, packaging and energy costs; an overall labor shortage, ability to retain a sufficient seasonal workforce, lack of skilled labor, labor inflation or increased turnover impacting our ability to recruit and retain employees; climate and weather affecting growing conditions and crop yields; our ability to successfully implement sales price increases and cost saving measures to offset cost increases; the loss of significant customers or a substantial reduction in orders from these customers; effectiveness of our marketing and trade promotion programs; competition, changes in consumer preferences, demand for our products and local economic and market conditions; the impact of a pandemic on our business, suppliers, customers, consumers and employees; unanticipated expenses, including, without limitation, litigation or legal settlement expenses; product liability claims; the anticipated needs for, and the availability of, cash; the availability of financing; leverage and the ability to service and reduce debt; foreign currency exchange and interest rate fluctuations; the risks associated with the expansion of our business; the ability to successfully integrate acquisitions into our operations; our ability to protect information systems against, or effectively respond to, a cybersecurity incident or other disruption; other factors that affect the food industry generally, including: recalls if products become adulterated or misbranded, liability if product consumption causes injury, ingredient disclosure and labeling laws and regulations and the possibility that consumers could lose confidence in the safety and quality of certain food products; competitors' pricing practices and promotional spending levels; fluctuations in the level of our customers' inventories and credit and other business risks related to our customers operating in a challenging economic and competitive environment; and the risks associated with third-party suppliers, including the risk that any failure by one or more of our third-party suppliers to comply with food safety or other laws and regulations may disrupt our supply of raw materials or certain finished goods products or injure our reputation; and changes in, or the failure or inability to comply with, U.S., foreign and local governmental regulations, including health, environmental, and safety regulations. Except for ongoing obligations to disclose material information as required by the federal securities laws, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of the filing of this report or to reflect the occurrence of unanticipated events. Contact: Michael Wolcott, Chief Financial Officer585-495-4100 Seneca Foods Corporation Unaudited Selected Financial Data For the Periods Ended March 31, 2025 and March 31, 2024 (In thousands of dollars, except share data) Three Months Ended Twelve Months Ended March 31, March 31, March 31, March 31, 2025 2024 2025 2024 Net sales $ 345,839 $ 307,983 $ 1,578,887 $ 1,458,603 Operating income (note 1) 1,988 2,548 77,770 107,231 Other non-operating income (5,624 ) (5,288 ) (9,958 ) (9,788 ) Interest expense, net 6,046 10,874 33,245 34,020 Earnings (loss) before income taxes $ 1,566 $ (3,038 ) $ 54,483 $ 82,999 Income taxes expense (benefit) 965 (791 ) 13,259 19,681 Net earnings (loss) $ 601 $ (2,247 ) $ 41,224 $ 63,318 Basic earnings (loss) per common share $ 0.09 $ (0.32 ) $ 5.95 $ 8.64 Diluted earnings (loss) per common share $ 0.09 $ (0.32 ) $ 5.90 $ 8.56 Note 1: The effect of the LIFO inventory valuation method on the fourth quarter pre-tax results decreased operating income by $11.5 million and $2.7 million for the three months ended March 31, 2025 and March 31, 2024, respectively. The effect of the LIFO inventory valuation method on YTD twelve month pre-tax results decreased operating income by $34.5 million and $22.3 million for the twelve months ended March 31, 2025 and March 31, 2024, respectively. Note 2: The Company used the 'two-class' method for basic earnings per share by dividing the earning attributable to common shareholders by the weighted average of common shares outstanding during the period. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
Chime Announces Pricing of Initial Public Offering
SAN FRANCISCO, June 11, 2025--(BUSINESS WIRE)--Chime®, a leading consumer financial technology company, today announced the pricing of its initial public offering of 32,000,000 shares of its Class A common stock at a public offering price of $27.00 per share. The offering consists of 25,900,765 shares of Class A common stock to be sold by Chime and 6,099,235 shares of Class A common stock to be sold by existing stockholders (the "Selling Stockholders"). Chime will not receive any proceeds from the sale of shares of Class A common stock by the Selling Stockholders. The shares are expected to begin trading on the Nasdaq Global Select Market on June 12, 2025, under the ticker symbol "CHYM." The offering is expected to close on June 13, 2025, subject to the satisfaction of customary closing conditions. In addition, Chime has granted the underwriters a 30-day option to purchase up to an additional 4,800,000 shares of Class A common stock. Morgan Stanley, Goldman Sachs & Co. LLC and J.P. Morgan will act as lead book-running managers for the offering. Barclays will act as an additional book-running manager. Evercore ISI, UBS Investment Bank, Deutsche Bank Securities, Piper Sandler and Wolfe | Nomura Alliance will act as bookrunners. William Blair, Canaccord Genuity, Keefe, Bruyette & Woods, A Stifel Company, First Citizens Capital Securities and Texas Capital Securities will act as co-managers. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 11, 2025. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014 or email: prospectus@ Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ or J.P. Morgan Securities LLC, c/o. Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or email: prospectus-eq_fi@ and postsalemanualrequests@ This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About ChimeChime is a financial technology company founded on the premise that core banking services should be helpful, easy, and free. Chime builds products that allow the company to succeed when its members do. That's why Chime doesn't rely on punitive fees such as overdraft, monthly service, or minimum balance fees. Member deposits are FDIC-insured through The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, up to applicable limits. "Wolfe | Nomura Alliance" is the marketing name used by Wolfe Research Securities and Nomura Securities International, Inc. in connection with certain equity capital markets activities conducted jointly by the firms. Both Nomura Securities International, Inc. and WR Securities, LLC are serving as underwriters in the offering described herein. In addition, WR Securities, LLC and certain of its affiliates may provide sales support services, investor feedback, investor education, and/or other independent equity research services in connection with this offering. View source version on Contacts press@ Sign in to access your portfolio
