Trading Day: Local SEC filings for 11.7.24

Altria (MO)

The tobacco giant reported net revenues of $6.3 billion in the third quarter of 2024, a 0.4% decrease compared to the same period last year.

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust filed its quarterly earnings report for the third quarter of 2024. The company reported $56.3 million in net income for the period that ended Sept. 30, a nearly 4% decrease compared to the $58.5 million reported last year.

Brink’s (BCO)

The armored car giant reported net income of $31.9 million for the quarter that ended Sept. 30, down from a net income of $45.6 million reported for the same quarter last year.

Dominion (D)

The utility company reported $954 million in net income for the third quarter of 2024, up from a net income of $157 million during the same period last year.

Dominion recently announced it sold a 50% non-controlling interest in the Coastal Virginia Offshore Wind project to Stonepeak Partners for $2.6 billion.

The Coastal Virginia Offshore Wind (CVOW) is a 2.6-gigawatt offshore wind farm under construction off the coast of Virginia Beach. The project is expected to be completed in late 2026, per a Dominion news release.

Dominion continues to have total operational control of the construction of the project and its operation.

Dynex Capital (DX)

The mortgage REIT filed its earnings report for the quarter that ended Sept. 30. The company reported a net income of $31 million, up from a loss of $43.1 million in the same period of the previous year.

Hamilton Beach Brands (HBB)

The electrical products supplier reported $1.9 million in net income for the third quarter 2024. The company reported a net income of $10.3 million for the same period in 2023.

Markel (MKL)

CEO Thomas Gayner bought 100 shares at $1,550 per share for a total of $155,000. Gayner directly owns 48,889 shares of common stock.

Medalist Diversified REIT (MDRR)

The commercial real estate-focused REIT recently announced plans to redeem 140,000 shares of its 8.0% Series A Cumulative Redeemable Preferred Stock on Nov. 25. The stock will be redeemed at a cash redemption of $25 per share, plus accrued and unpaid dividends up to $0.194 per share.

New Market (NEU)

The petroleum-focused holding company filed its earnings report for the third quarter 2024. The company reported a net income of $132.3 million for the period, up from a net income of $111.2 million for the same period last year.

Owens & Minor (OMI)

Owens & Minor reported a loss of $12.8 million in the third quarter of 2024. During the same period last year, the company reported a loss of $6.4 million.

The healthcare logistics company announced that it has entered in a receivables purchase agreement with PNC Bank and PNC Capital Markets. The agreement’s aggregate outstanding amount to be sold is not to exceed $450 million. The receivables sales program is scheduled to end in October 2027.

Performance Food Group (PFGC)

The Goochland-based foods distributor reported a net income of $108 million in its first quarter of fiscal year 2025, a 10.5% decrease compared to the same period the previous year.

Tredegar (TG)

The plastic and aluminum parts manufacturer recently announced it completed the sale of Terphane, a Brazil-based flexible packaging films company, to Oben Group for $116 million.

Altria (MO)

The tobacco giant reported net revenues of $6.3 billion in the third quarter of 2024, a 0.4% decrease compared to the same period last year.

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust filed its quarterly earnings report for the third quarter of 2024. The company reported $56.3 million in net income for the period that ended Sept. 30, a nearly 4% decrease compared to the $58.5 million reported last year.

Brink’s (BCO)

The armored car giant reported net income of $31.9 million for the quarter that ended Sept. 30, down from a net income of $45.6 million reported for the same quarter last year.

Dominion (D)

The utility company reported $954 million in net income for the third quarter of 2024, up from a net income of $157 million during the same period last year.

Dominion recently announced it sold a 50% non-controlling interest in the Coastal Virginia Offshore Wind project to Stonepeak Partners for $2.6 billion.

The Coastal Virginia Offshore Wind (CVOW) is a 2.6-gigawatt offshore wind farm under construction off the coast of Virginia Beach. The project is expected to be completed in late 2026, per a Dominion news release.

Dominion continues to have total operational control of the construction of the project and its operation.

Dynex Capital (DX)

The mortgage REIT filed its earnings report for the quarter that ended Sept. 30. The company reported a net income of $31 million, up from a loss of $43.1 million in the same period of the previous year.

Hamilton Beach Brands (HBB)

The electrical products supplier reported $1.9 million in net income for the third quarter 2024. The company reported a net income of $10.3 million for the same period in 2023.

Markel (MKL)

CEO Thomas Gayner bought 100 shares at $1,550 per share for a total of $155,000. Gayner directly owns 48,889 shares of common stock.

Medalist Diversified REIT (MDRR)

The commercial real estate-focused REIT recently announced plans to redeem 140,000 shares of its 8.0% Series A Cumulative Redeemable Preferred Stock on Nov. 25. The stock will be redeemed at a cash redemption of $25 per share, plus accrued and unpaid dividends up to $0.194 per share.

New Market (NEU)

The petroleum-focused holding company filed its earnings report for the third quarter 2024. The company reported a net income of $132.3 million for the period, up from a net income of $111.2 million for the same period last year.

Owens & Minor (OMI)

Owens & Minor reported a loss of $12.8 million in the third quarter of 2024. During the same period last year, the company reported a loss of $6.4 million.

The healthcare logistics company announced that it has entered in a receivables purchase agreement with PNC Bank and PNC Capital Markets. The agreement’s aggregate outstanding amount to be sold is not to exceed $450 million. The receivables sales program is scheduled to end in October 2027.

Performance Food Group (PFGC)

The Goochland-based foods distributor reported a net income of $108 million in its first quarter of fiscal year 2025, a 10.5% decrease compared to the same period the previous year.

Tredegar (TG)

The plastic and aluminum parts manufacturer recently announced it completed the sale of Terphane, a Brazil-based flexible packaging films company, to Oben Group for $116 million.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments