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Private equity firms have amassed sizable stakes in countless glamorous businesses, from casinos lining the Vegas strip to professional sports teams. But some of the most alluring investments come from everyday places.
PE industry stalwart Blackstone Group has just agreed to buy the family owned Chamberlain Group parent of top-of-the-line garage door opener purveyor, LiftMaster. The Wall Street Journal reported news of the deal Tuesday, which values the company at roughly $5 billion including debt.
While arguably not as hip as some of Blackstone’s digital investments like dating app suite Bumble or family history service Ancestry, Illinois-based Chamberlain’s garage door openers are relied on by millions of homes and businesses worldwide.
Owner of the LiftMaster, Chamberlain, Grifco, and Merlin brands, the firm’s myQ platform grants users garage door control via an app, useful for remote acceptance of food and grocery deliveries or to simply let the pet out for a stroll. And a partnership with Amazon launched in 2019 offers Prime customers in select cities packages delivered securely right into their garages. With a business model as reliable and adaptive as Chamberlain’s, Blackstone wants in for the long haul:
Hot Casino Stocks To Watch For 2022: WGL Holdings Inc(WGL)
WGL Holdings, Inc. (WGL), incorporated on March 9, 2005, is a holding company. The Company, through its subsidiaries, sells and delivers natural gas, and provides a range of energy-related products and services to customers in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. The Company operates through four segments: Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. In addition to its primary markets, WGL’s non-utility subsidiaries provide customized energy solutions with business activities across the United States. The Company’s subsidiaries include Washington Gas Light Company (Washington Gas), Washington Gas Resources Corporation (Washington Gas Resources), Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources’ subsidiaries include WGL Energy Services, Inc. (WGL Energy Services), WGL Energy Systems, Inc. (WGL Energy Systems), WGL Midstream, Inc. (WGL Midstream) and WGSW, Inc. (WGSW).
The Regulated Utility segment consists of Washington Gas and Hampshire. Washington Gas provides regulated gas distribution services (including the sale and delivery of natural gas) to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company in West Virginia. Hampshire provides regulated interstate natural gas storage services to Washington Gas. Hampshire owns full and partial interests in underground natural gas storage facilities, including pipeline delivery facilities located in and around Hampshire County, West Virginia, and operates those facilities to serve Washington Gas, which purchases all of the storage services of Hampshire.
The Retail Energy-Marketing segment consists of the operations of WGL Energy Services. WGL Energy Services sells natural gas and electricity directly to retail customers. WGL Energy Services also sells wind and! other renewable energy certificates (RECs), and carbon offsets to retail customers. WGL Energy Services owns approximately five solar generating assets. As of September 30, 2015, WGL Energy Services served approximately 143,800 residential, commercial and industrial natural gas customer accounts, and approximately 138,000 residential, commercial and industrial electricity customer accounts located in Maryland, Virginia, Delaware, Pennsylvania and the District of Columbia.
Commercial Energy Systems
The Commercial Energy Systems segment consists of the operations of WGL Energy Systems, WGSW and the results of operations of affiliate-owned commercial distributed energy projects. WGL Energy Systems provides clean and energy efficient solutions, including commercial solar, energy efficiency and combined heat and power projects and other distributed generation solutions to government and commercial clients. In addition, the segment consists of the operations of WGSW, a holding company formed to invest in alternative energy assets. The segment focuses on clean and energy efficient solutions for its customers through owning and operating distributed generation assets, such as Solar Photovoltaic (solar PV) systems, combined heat and power plants, and natural gas fuel cells and operating as a general contractor to upgrade the mechanical, electrical, water and energy-related infrastructure of governmental and commercial facilities by implementing both traditional and alternative energy technologies. The segment has assets and activities across the United States.
Midstream Energy Services
The Midstream Energy Services segment consists of the operations of WGL Midstream. WGL Midstream engages in acquiring, investing in, managing and optimizing natural gas storage and transportation assets. It has natural gas pipelines and storage facilities in the Midwest and Eastern United States. WGL Midstream provides natural gas related solutions to its customers and counterpa! rties, in! cluding producers, utilities, local distribution companies, power generators, wholesale energy suppliers, liquefied natural gas (LNG) exporters, pipelines and storage facilities. WGL Midstream contracts for storage and pipeline capacity in its asset optimization activities through both long-term contracts and short-term transportation releases. WGL Midstream also contracts for physical natural gas sales and purchases on both a long-term and short-term basis.
- [By Stephan Byrd]
WGL Holdings Inc (NYSE:WGL)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $88.75 and last traded at $88.72, with a volume of 377688 shares traded. The stock had previously closed at $88.56.
- [By Shane Hupp]
Franklin Resources Inc. purchased a new stake in shares of WGL Holdings Inc (NYSE:WGL) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 28,373 shares of the utilities provider’s stock, valued at approximately $2,374,000. Franklin Resources Inc. owned about 0.06% of WGL as of its most recent SEC filing.
Hot Casino Stocks To Watch For 2022: Avino Silver(ASM)
In Canada, an issuer is required to provide technical information with respect to mineralization, including reserves and resources, if any, on its mineral exploration properties in accordance with Canadian requirements, which differ significantly from the requirements of the SEC applicable to registration statements and reports filed by United States companies pursuant to the Securities Act, or the Exchange Act. As such, information contained in this annual report concerning descriptions of mineralization under Canadian standards may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of the SEC. In particular, this annual report on Form 20-F includes the terms “mineral resource,” “measured mineral resource,” “indicated mineral resource” and “inferred mineral resource”. Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Avino Silver & Gold Mines (ASM)
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- [By Ethan Ryder]
Bard Associates Inc. increased its position in shares of Avino Silver & Gold Mines Ltd (NYSEAMERICAN:ASM) by 41.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,595,700 shares of the basic materials company’s stock after buying an additional 466,250 shares during the period. Bard Associates Inc. owned 3.02% of Avino Silver & Gold Mines worth $1,979,000 at the end of the most recent reporting period.
Hot Casino Stocks To Watch For 2022: CEVA, Inc.(CEVA)
CEVA, Inc. licenses cellular, multimedia, and connectivity technologies to semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, and Internet-of Things markets worldwide. The company licenses a family of programmable digital signal processor (DSP) cores and application-specific platforms, vision, imaging, and audio and voice, as well as communications technologies, including wireless and wired modems, Wi-Fi, Bluetooth, and Serial ATA, and Serial Attached SCSI. Its technologies are licensed to semiconductor and original equipment manufacturer (OEM) companies in the form of intellectual property (IP), which is used for the design, manufacture, market, and sale of application-specific integrated circuits and application-specific standard products to wireless, consumer electronics, and automotive companies for incorporation into a variety of end products. The company designs and licenses DSP cores in the form of a hardware description language definition; DSP-based platforms for cellular, Wi-Fi and satellite baseband, audio and voice, DTV demodulation, computational photography, and computer vision; platform solutions for Bluetooth and serial storage technology; and development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development. Its IP is primarily deployed in markets, such as smartphones, mobile computing tablets, notebooks, and machine-to-machine modules; digital home covering smart TVs, set-top boxes, and home gateways; and networking consisting of wireless infrastructure, storage, VoIP, and smart grid markets. CEVA, Inc. markets its technology through a direct sales force. The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. CEVA, Inc. was founded in 1999 and is headquartered in Mountain View, California.
- [By ]
HUYA (NYSE:HUYA) and CEVA (NASDAQ:CEVA) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership.
- [By Ethan Ryder]
Northland Securities downgraded shares of CEVA (NASDAQ:CEVA) from an outperform rating to a market perform rating in a research report report published on Thursday morning, MarketBeat reports. Northland Securities currently has $27.00 price objective on the semiconductor company’s stock.
- [By Motley Fool Transcribers]
CEVA Inc (NASDAQ:CEVA)Q42018 Earnings Conference CallFeb. 13, 2019, 8:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
Hot Casino Stocks To Watch For 2022: Maiden Hldgs Ltd(MHLD)
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in the United States and Europe. The company offers property, casualty, accident, and health reinsurance products. It offers its products through the treaties with other insurers on a quota share or excess of loss basis, as well as on a facultative basis through third-party intermediaries and on direct basis. Maiden Holdings, Ltd. was founded in 2007 and is headquartered Hamilton, Bermuda.
- [By Max Byerly]
Shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) dropped 14.5% during mid-day trading on Monday . The company traded as low as $2.60 and last traded at $2.65. Approximately 2,396,727 shares changed hands during mid-day trading, an increase of 263% from the average daily volume of 660,901 shares. The stock had previously closed at $3.10.
- [By Ethan Ryder]
Maiden (NASDAQ: MHLD) and Mercury General (NYSE:MCY) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, analyst recommendations, valuation, earnings and risk.
- [By Ethan Ryder]
Dimensional Fund Advisors LP raised its stake in shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,015,640 shares of the insurance provider’s stock after purchasing an additional 132,547 shares during the period. Dimensional Fund Advisors LP owned 0.08% of Maiden worth $45,602,000 at the end of the most recent quarter.
Hot Casino Stocks To Watch For 2022: CSP Inc.(CSPI)
CSP Inc., together with its subsidiaries, develops and markets IT integration solutions and cluster computer systems to commercial and defense customers in the Americas, Europe, and Asia. The companys High Performance Products segment offers computing systems for digital signal processing applications in the defense market; Ethernet adapters and application software for various applications in packet capture, financial transaction, broadcast video, and media markets; and network adapters for use in automated trading and network monitoring applications. Its Technology Solutions segment provides computer managed and integration services; and third-party computer hardware and software value added reseller services to various customers in Web and infrastructure hosting, education, telecommunications, health services, distribution, financial and professional services, and manufacturing industries. This segment also offers professional IT consulting services, such as implementation, integration, migration, configuration, installation, and project management services; unified storage platforms; virtualization solutions; enterprise security intrusion prevention, network access control, and unified threat management services; IT security compliance services; unified communications, wireless and routing, and switching solutions; custom software applications and solutions development, and support services; maintenance and technical support services; and managed IT services, such as monitoring, reporting, and management of alerts for the resolution and preventive general IT and IT security support tasks. This segment provides its professional services for IT environments, including security, unified communications and collaboration, wireless and mobility, and data center and network solutions. The company markets its products and services through direct sales force and third-party distributors. CSP Inc. was founded in 1968 and is headquartered in Lowell, Massachusetts.
- [By Logan Wallace]
Headlines about CSP (NASDAQ:CSPI) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CSP earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 44.9831568716707 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Hot Casino Stocks To Watch For 2022: vTv Therapeutics Inc.(VTVT)
vTv Therapeutics Inc., a biopharmaceutical company, discovers, develops, and sells orally administered small molecule drug candidates worldwide. The companys drug candidate for the treatment of Alzheimers disease comprise azeliragon (TTP488), an orally administered, small molecule antagonist targeting the receptor for advanced glycation endproducts, which is in Phase III clinical trials. Its type 2 diabetes drug candidates include TTP399, an orally administered, liver-selective glucokinase activator that has been completed Phase IIb clinical trials; and TTP273, an orally administered, non-peptide agonist that targets the glucagon-like peptide-1 receptor, which is in Phase II clinical trials. The company has a license and research agreement with Calithera Biosciences, Inc. to develop, and commercialize its hexokinase II inhibitors for therapeutics, prophylactic, preventative, or diagnostic use. vTv Therapeutics Inc. was founded in 2015 and is headquartered in High Point, North Carolina.
- [By Money Morning Staff Reports]
On Tuesday (Oct. 2), shares of vTv Therapeutics Inc. (NASDAQ: VTVT) surged 149% on reports that the commercial therapy firm received a sizable investment from the MacAndrews & Forbes Group, one of the world’s leading investment firms.
- [By Stephan Byrd]
Millennium Management LLC grew its stake in shares of vTv Therapeutics Inc (NASDAQ:VTVT) by 51.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,031 shares of the biotechnology company’s stock after buying an additional 32,362 shares during the quarter. Millennium Management LLC owned about 0.29% of vTv Therapeutics worth $387,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Money Morning News Team]
vTv Therapeutics Inc. (Nasdaq: VTVT) is a North Carolina-based biopharmaceutical company.
vTv concentrates on developing orally administered, small-molecule drugs to treat a variety of issues such as diabetes and Alzheimer’s disease.