Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
HONG KONG, China , Feb. 14, 2020 /CNW/ - Seaspan Corporation (SSW) announced today, in connection with its previously announced holding company reorganization (the "Proposed Reorganization"), that it intends to delist its outstanding 5.50% senior notes due 2025 and related guarantees (the "2025 Notes") and 5.50% senior notes due 2026 and related guarantees (the "2026 Notes") from the New York Stock Exchange (the "NYSE") and to deregister the 2025 Notes and 2026 Notes under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Seaspan announced its intention to delist and deregister its outstanding 7.125% senior unsecured notes due 2027 (the "2027 Notes" and together with the 2025 Notes and the 2026 Notes, the "Notes") on January 17 , 2020. On February 27, 2020 , Seaspan intends to file a Form 25 with the United States Securities and Commission (the "SEC") and it is expected that the last day of trading of the Notes on the NYSE will be Monday, March 9, 2020 .
Canadian guru reports real-time trade Continue reading...
In conjunction with the Reorganization, Atlas expects to announce the closing of Atlas' acquisition of APR Energy Limited ("APR"), a global leader in fast-track, mobile power solutions (the "Acquisition" and together with the "Reorganization", the "Transactions"). With completion of the Transactions, Seaspan and APR will both become wholly-owned subsidiaries of Atlas. The Reorganization was implemented through the merger of Seaspan's indirect wholly-owned subsidiary into Seaspan, with Seaspan continuing as the surviving corporation and a direct wholly-owned subsidiary of Atlas.
Seaspan Reports Fourth Quarter and Full Year 2019 Results
Q1 2020 Seaspan Corp Earnings Call
The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results...
Atlas Corp. ("Atlas") (NYSE:ATCO) today announced that it has filed its 2019 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2019, with the SEC on EDGAR. These documents will also be available under the Investor Relations section of our website and a hard copy will be provided to shareholders free of charge upon request.
Q4 2019 Seaspan Corp Earnings Call
Atlas Corp. ("Atlas") (NYSE: ATCO) announced today that the Company's Board of Directors has declared cash dividends on its common and preferred shares as follows:
It looks like Atlas Corp. (NYSE:ATCO) is about to go ex-dividend in the next 4 days. If you purchase the stock on or...
Welcome to the Atlas Corp Conference Call to Discuss the Financial Results for the Quarter Ended March 31, 2020. Hosting the call today are Bing Chen, President and Chief Executive Officer of Atlas; Peter Curtis, Executive Vice President and Chief Commercial and Technical Officer of Seaspan; and Ryan Courson, Chief Financial Officer of Atlas. At which point, David Sokol, Chairman of Atlas and Torsten Pedersen, Executive Vice President of Seaspan Ship Management, will also be available for questions.
The guru has made the former Buffett manager's new business a large part of his portfolio. Continue reading...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
ATCO vs. BX: Which Stock Is the Better Value Option?
Unfortunately for some shareholders, the Atlas (NYSE:ATCO) share price has dived 32% in the last thirty days. The...
ATCO vs. LM: Which Stock Is the Better Value Option?
HONG KONG, China , Feb. 25, 2020 /CNW/ - Seaspan Corporation ("Seaspan") (SSW) today announced that it has agreed to purchase a fleet of four containerships (the "Acquired Vessels") for approximately $367 million in cash. Seaspan expects to take delivery of the Acquired Vessels during March and April 2020 , subject to customary closing conditions. The transaction is expected to be immediately accretive to Seaspan's earnings per diluted share.
Unfortunately for some shareholders, the Atlas (NYSE:ATCO) share price has dived 40% in the last thirty days. The...
Atlas Corp. ("Atlas") (NYSE: ATCO) is pleased to announce the closing of its $285 million senior secured financing on behalf of its wholly owned subsidiary, APR Energy Ltd. ("APR"), a global leader in fast-track mobile power solutions. The financing program (the "Financing Program") consists of pari passu senior secured loan facilities, including a $50 million revolving credit facility (the "RCF"), $135 million term loan facility (the "TLA") and a $100 million fixed rate institutional private placement tranche from funds managed by the Global Infrastructure Debt team at BlackRock. Citibank N.A ("Citi") acted as sole structuring agent.