City Holding Company (CHCO)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Direct Line restores dividend but numbers disappoint City
First-half results from Direct Line Insurance Group PLC (LSE:DLG) saw it resume paying an interim dividend but profits were below analyst expectations as new chief executive Adam Winslow makes some big changes for the insurer. While the insurer reported a swing to a £61.6 million pre-tax profit from a loss of £76.3 million last time, it was not as big as the City was expecting.
Is Capital City Bank Stock Worth Watching Post 9.5% Dividend Hike?
CCBG increases its quarterly cash dividend to 23 cents, marking an increase of 9.5%. Given the solid balance sheet position, this seems sustainable.
Sainsbury's Homebase bolt-ons warmly welcomed by City broker
J Sainsbury PLC (LSE:SBRY)'s acquisition of 10 former Homebase stores is great news, not just for the estimated 1,000 new employees, but for Britain's second-largest grocery store's bottom line. “The deal, which we warmly welcome, is consistent with the strategy set out in its 2024 Capital Markets Day,” noted Shore Capital markets analysts.
Bridgewater Bancshares to Acquire First Minnetonka City Bank
BWB agrees to acquire First Minnetonka City Bank to enhance its loan diversification and revenue mix. This move is expected to be accretive to 2025 earnings.
Capital City Bank: Premium Regional Bank Trading At Depressed Valuation
Capital City Bank Group is a regional bank with 63 banking offices across Florida, Georgia, and Alabama. The bank has a strong deposit base with low costs of funds and a focus on sticky rural markets. Management has a history of strong capital allocation, with potential for acquisitions and growth in the future.
Teamsters Canada says it receives notice to withdraw services for Canadian Pacific Kansas City
The Teamsters Union in Canada on Sunday said it has been served a 72-hours notice to withdraw its services for Canadian Pacific Kansas City.
Mill City Ventures III, Ltd. Reports 2024 Second Quarter Financial Results
MINNEAPOLIS, MN / ACCESSWIRE / August 15, 2024 / Mill City Ventures III, Ltd. (NASDAQ:MCVT) (Mill City or the "Company") a non-bank lender and specialty finance company, today announced financial results for the three-month and six-month periods ended June 30, 2024.
City recruiter Pagegroup's profits slashed in half
FTSE 250-listed recruitment firm PageGroup PLC (LSE:PAGE)'s delivered no friendly surprises in its half-year report, with profit before tax collapsing by more than 56% on a year-on-year basis. Stalled hiring trends caused negative growth across all regions, with the UK the worst performer followed by APAC.
City Office REIT: I Will Buy More 9.4% Yielding Preferred Shares
City Office REIT's preferred dividend payments are fully covered by FFO and AFFO. The REIT's balance sheet is relatively robust, with a decreasing LTV ratio. The preferred shares offer an attractive 9.4% yield with manageable risk due to robust common equity support.
QC Copper & Gold and City of Chapais form working group for Opémiska project
QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF) said it has established a new working group with the City of Chapais to aid the responsible development of its Opémiska project in the province of Quebec. The City/Mine Group (CMG) will ensure the exploration and development of the Opémiska project adhere to the highest industry standards, QC Copper said in a statement.
City Holding (CHCO) Surpasses Q2 Earnings and Revenue Estimates
City Holding (CHCO) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2.16 per share a year ago.
Grand City Properties: Cheap Valuation Despite Improving Fundamentals
Grand City Properties has shown resilient operating performance and improved balance sheet and liquidity, but its undervaluation persists. GCP's positive rental income growth is supported by the tight German residential market, with potential for further growth due to market dynamics. Recent debt management actions and new bond issuance have improved GCP's liquidity position, allowing for potential growth and balance sheet deleverage in the future.
