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Party City to close all of its stores, report says
CNBC· 2024-12-21 03:38
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report.CEO Barry Litwin told corporate employees in a meeting viewed by CNN that Party City has to "commence a winddown process immediately," and that Friday would be their last day of work for the company."That is without question the most difficult message that I've ever had to deliver," Litwin said at the meeting, according to the report.CNN reported the company's c ...
City Office: Cash Flow Growth, Proven Strategy, And Extremely Undervalued
Seeking Alpha· 2024-12-20 23:01
City Office REIT, Inc. (NYSE: CIO ) delivered cash flow growth for over a decade thanks to a proven strategy based on investments in growth real estate markets in the United States. Besides, given the expertise accumulated by management and theLike the common kingfisher or Alcedo Atthis searches for small fish, I research small, and medium cap companies in Europe, the United States, and South America. You can find a common kingfisher in my profile.With close to 14 years in the financial industry, I worked f ...
City Office REIT Provides Update on Impactful Leasing
Prnewswire· 2024-12-19 05:05
VANCOUVER, Dec. 18, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that it has signed a 60,000 square foot lease with an existing tenant at its premier Terraces property located in Dallas, Texas. The lease extends the tenant's existing 44,000 square foot space until 2036 and expands the tenant's space by 16,000 square feet.  Including the expansion space, which is expected to commence in early 2026, the property is now 95% leased.  In addition ...
City Office REIT: Undervalued As Fed Cuts Rates
Seeking Alpha· 2024-12-16 12:53
公司核心观点 - City Office REIT (NYSE: CIO) 的交易价格是其2024财年第三季度自由现金流的3.2倍 公司第三季度产生了1828万美元的自由现金流,环比增长且远超预期 [1] 行业观点 - 股票市场是一个强大的机制,每日价格波动在长期内会聚合成巨大的财富创造或毁灭 太平洋收益率致力于通过关注被低估但高增长的公司、高股息股票、REITs和绿色能源公司来追求长期财富创造 [1]
City Office REIT Announces Dividends for Fourth Quarter 2024
Prnewswire· 2024-12-14 05:05
VANCOUVER, Dec. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the fourth quarter of 2024.  Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payabl ...
Toll Brothers Announces New Luxury Home Community Coming Soon to Carson City, Nevada
GlobeNewswire News Room· 2024-12-13 00:38
CARSON CITY, Nev., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Venado Valley, is coming soon to the intersection of North Ormsby Boulevard and West Washington Street in Carson City, Nevada. Construction of the Sales Center and model homes is currently underway, and sales are expected to begin in spring 2025. Venado Valley by Toll Brothers will be a brand-new luxury community of 40 single-family homes in ...
Party City weighing second bankruptcy in less than two years: report
New York Post· 2024-12-12 14:59
The party may be winding down.Party City is planning to file for its second bankruptcy in nearly two years as the company’s sales figures continue to struggle, according to a report.The New Jersey-based party supply and craft retailer is behind on rent in some of its 850 locations across the US, Bloomberg News reported on Tuesday, citing people familiar with the matter. 4 A general view of a Party City store with a “closing” sign on 34th Street in New York, on April 19, 2023. Christopher SadowskiParty Cit ...
Heritage Distilling Co. Expands into Kentucky with Keg 1 River City
GlobeNewswire News Room· 2024-12-05 21:30
GIG HARBOR, Wash., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. (“HDC” or “Heritage”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, is expanding into the Kentucky market in partnership with Keg 1 River City, the leading distributor of beer, wine and spirits in Kentucky. Heritage’s exceptional suite of spirits now offered in Kentucky includes: Cocoa Bomb, Salute Series’ D-Day Land, Air and Sea, and ARMY Special Operations Forces Whiskey, at select on-premise a ...
Studio City Enters into Senior Facilities Agreement
GlobeNewswire News Room· 2024-12-03 06:00
MACAU, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today announces that the Company’s subsidiary, Studio City Company Limited (“Studio City Company”), has entered into a senior credit facilities agreement, dated November 29, 2024, with a syndicate of banks (the “2024 Credit Facilities Agreement”). Under the terms of the 2024 Credit Facilities Agreement, lenders have made av ...
OTC Markets Group Welcomes City of London Investment Group PLC to OTCQX
GlobeNewswire News Room· 2024-12-02 20:00
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced City of London Investment Group PLC (LSE: CLIG; OTCQX: CLIUF), a U.K. based asset management company, has qualified to trade on the OTCQX® Best Market. City of London Investment Group PLC upgraded to OTCQX from the Pink® market. City of London Investment Group PLC begins trading today on OTCQX under the symbol “CLIUF.” U.S. inves ...