GoodBulk Ltd is pleased to announced that we have successfully completed a USD 100 million equity offering to fund the acquisition of a fleet of five Capesize vessels and one Ultramax vessel from Carras Ltd.Read More
"Roundtree is the holding company for retail franchises of automotive-related companies extending from California to Louisiana. The formation of Roundtree Capital Partners represents a continuation of a focused approach to acquisitions and building relationships across the automotive industry. Roundtree’s acquisition strategy is to partner with local entrepreneurial dealership managers who maintain minority equity ownership and have a desire to significantly improve performance.Read More
Pre-Market Technical Recap on Resorts & Casinos Stocks -- Carnival, Hilton Grand Vacations, Las Vegas Sands, and Royal Caribbean Cruises /
"On Wednesday, shares in Florida headquartered Hilton Grand Vacations Inc. recorded a trading volume of 549,638 shares, which was above their three months average volume of 506,510 shares. The stock ended the session 0.74% lower at $41.62. The Company's shares have gained 5.74% in the last one month, 22.23% over the previous three months, and 60.08% on an YTD basis. The stock is trading 7.83% above its 50-day moving average and 20.43% above its 200-day moving average. Furthermore, shares of the Company have an RSI of 70.90."Read More
"Hamilton, Bermuda – (October 26, 2017) – GoodBulk Ltd. (“GoodBulk” or “Company”) (N-OTC: BULK) an owner and operator of dry bulk vessels announced today that it has entered into an agreement to acquire 7 to 13 Capesize dry bulk carriers from entities managed by CarVal Investors. Delivery of the vessels is expected to occur during the 4th Quarter of 2017 and the 1st Quarter of 2018."Read More
Since 2012, the 83-unit, ski-in mountain lodge in Park City, Utah, has been operating under a fee-for-service agreement through which HGV provided marketing, sales and resort management services to the seller Sunrise Park City, LLC and its asset manager Lantern Asset Management.
“In buying Sunrise Lodge, we’re deploying our capital to secure another owned resort and on-site sales center, lock in a long-term management contract, realize improved economics on remaining inventory and offer our customers a consistent branding experience,” says Mark Wang, president and CEO, Hilton Grand Vacations.
The transaction is anticipated to be funded by existing cash on HGV’s balance sheet and expected to be accretive to HGV’s total adjusted EBITDA and EPS.
Sunrise Lodge is located at the base of the Sunrise lift in the Canyons area of Park City Mountain Resort – the largest ski resort in the U.S. The property, which is comprised of spacious one-, two-, three, and four-bedroom suites, is situated minutes from restaurants, shopping, historic Main Street and Utah Olympic Park.Read More
Horsehead Holding LLC, the Pittsburgh-based manufacturer that emerged from bankruptcy late last year as a privately owned company, named an interim CEO with the departure earlier this month of longtime leader Jim Hensler.
Wayne Isaacs has been named chairman and interim CEO, replacing Hensler, who had been chairman, president and CEO of Horsehead since April 2004. Isaacs has long experience in the metals industry, including years at BHP-Billiton. Horsehead is in the midst of a search for a permanent CEO.
“Wayne has over 35 years of global management experience in the mining industry, and brings industry-specific leadership expertise and valuable insight to the company and the board,” said board member Paul Martin in a statement. “He has an impressive track record of successfully turning businesses around, and we look forward to leveraging his vast experience to continue enhancing Horsehead’s leading position in the markets it serves.”Read More