Acquisition Highlights: Luxury 210-key resort in North Scottsdale nestled in the foothills of the Sonoran Desert near Pinnacle Peak The Company will purchase the asset using $267.8 million of cash on hand Revenue per available room (RevPAR) of $407 forecasted for 2022 year-end Numerous world-class amenities including spa treatments, a bi-level pool and authentic Southwest… Continue reading BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO ACQUIRE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH
Category: Newswire
Volocopter recauda 182 millones en la segunda firma de la ronda de financiación de la Serie E
– Volocopter recauda 182 millones de dólares estadounidenses adicionales en la segunda firma de la ronda de financiación de la Serie E BRUCHSAL, Alemania, 1 de noviembre de 2022 /PRNewswire/ — Volocopter, el pionero de la movilidad aérea urbana (UAM), ha recaudado 182 millones de dólares estadounidenses (USD) adicionales en la segunda firma de su ronda… Continue reading Volocopter recauda 182 millones en la segunda firma de la ronda de financiación de la Serie E
Sunoco LP Announces Third Quarter 2022 Financial and Operating Results
Reports third quarter results including net income of $83 million, Adjusted EBITDA(1) of $276 million and Distributable Cash Flow, as adjusted(1) of $196 million Executes a definitive agreement to acquire Peerless Oil & Chemicals, Inc., a leading terminal operator and refined product logistics business in Puerto Rico Increases full-year 2022 Adjusted EBITDA(1)(2) guidance to $845… Continue reading Sunoco LP Announces Third Quarter 2022 Financial and Operating Results
Ferrystat: UK Passenger Ferry Market Monthly Updates: Data for Each Ferry Company and Each Route Serviced
DUBLIN, Nov. 1, 2022 /PRNewswire/ — The “Ferrystat: UK Passenger Ferry Market Monthly Update” newsletter has been added to ResearchAndMarkets.com’s offering. Ferrystat provides monthly and annual data on the UK passenger ferry market It is based on the monthly returns of all leading UK ferry operators, and provides a monthly digest of passenger, car and coach… Continue reading Ferrystat: UK Passenger Ferry Market Monthly Updates: Data for Each Ferry Company and Each Route Serviced
Garmin G3000 integrated flight deck selected by L3Harris for USSOCOM Armed Overwatch contract
OLATHE, Kan., Nov. 1, 2022 /PRNewswire/ — Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced L3Harris Technologies’ (NYSE: LHX) selection of Garmin’s G3000™ tandem integrated flight deck as part of a U.S. Special Operations Command (USSOCOM) Armed Overwatch program contract. L3Harris’ Sky Warden™ platform includes the first forward-fit deployable combat aircraft featuring Garmin’s G3000… Continue reading Garmin G3000 integrated flight deck selected by L3Harris for USSOCOM Armed Overwatch contract
Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $450 Million
MEDFORD, Ore., Nov. 1, 2022 /PRNewswire/ — Lithia & Driveway (NYSE:LAD) announced today an increase of $450 million to its share repurchase authorization by its Board of Directors, bringing total funds available for future repurchases to approximately $500 million. “This announcement reflects our continued confidence in our long-term growth strategy and ability to consolidate the largest retail industry… Continue reading Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $450 Million
AMETEK Announces Record Third Quarter Results and Raises 2022 Guidance
BERWYN, Pa., Nov. 1, 2022 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced its financial results for the third quarter ended September 30, 2022. AMETEK’s third quarter 2022 sales were a record $1.55 billion, an 8% increase over the third quarter of 2021, with organic sales growth of 11%. Operating income increased 14% to a… Continue reading AMETEK Announces Record Third Quarter Results and Raises 2022 Guidance
AMETEK Announces Two Acquisitions
— Navitar Expands AMETEK’s High End Precision Optics Capabilities — — RTDS Technologies Broadens AMETEK’s Power Test and Measurement Capabilities — BERWYN, Pa., Nov. 1, 2022 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced that it has completed two acquisitions – Navitar, Inc. and RTDS Technologies Inc. Combined, AMETEK deployed approximately $430 million on these… Continue reading AMETEK Announces Two Acquisitions
Lear Reports Third Quarter 2022 Results
SOUTHFIELD, Mich., Nov. 1, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2022. Third Quarter 2022 Highlights Sales increased 23% to $5.2 billion, compared to $4.3 billion in the third quarter of 2021 Net income (loss) of $92 million and… Continue reading Lear Reports Third Quarter 2022 Results
HONEYWELL AND ARAMCO ANNOUNCE JOINT VENTURE FOR NEW INTELLIGENT OPERATIONS SOFTWARE SOLUTION
New JV to deliver end-to-end digitalization for industrial companies DHAHRAN, Saudi Arabia, Nov. 1, 2022 /PRNewswire/ — Honeywell (NASDAQ: HON) and Aramco have announced the signing of a joint venture (JV) agreement to provide a set of end-to-end business process automation solutions, under the Aramco Namaat Industrial Investments Program. The technology solutions can be offered to… Continue reading HONEYWELL AND ARAMCO ANNOUNCE JOINT VENTURE FOR NEW INTELLIGENT OPERATIONS SOFTWARE SOLUTION