HC2 Holdings, Inc. (HCHC) News
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Latest HCHC News From Around the Web
Below are the latest news stories about Hc2 Holdings Inc that investors may wish to consider to help them evaluate HCHC as an investment opportunity.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
It's the start of another busy week of trading and we're kicking it off with a look at the biggest pre-market stock movers for Monday!
HC2 Holdings' (HCHC) unit DBM Global's buyout of Banker Steel is anticipated to boost its presence in the U.S. infrastructure market. Also, its credit arrangement will help lower cost of funds and improve liquidity.
Leading Structural Steel Fabricator and Erector Acquired by DBM Global Inc., a Portfolio Company of HC2 Atlas Holdings ("Atlas") announced today that it has closed the previously announced sale of portfolio company Banker Steel to DBM Global Inc. ("DBM Global"), a family of companies providing fully integrated structural and steel construction services. DBM Global is an operating subsidiary of HC2 Holdings, Inc. (NYSE: HCHC ), a diversified holding company with interests primarily in Infrastructure, Life Sciences and Spectrum. Atlas invested in Banker Steel in 2014 and working together with founder Don Banker, expanded the company's footprint and further elevated its reputation as a premier, full-service structural steel fabrication and erection company. In its time as part of the Atlas...
HC2 Holdings Portfolio Company DBM Global Completes Acquisition of Banker Steel Family of Companies and Enters into New Credit Agreement
NEW YORK, May 27, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or “the Company”) (NYSE: HCHC) announced today that its infrastructure business DBM Global (“DBM”) has completed its previously announced acquisition of a 100% interest in Banker Steel Holdco LLC (“Banker Steel”) from Atlas Holdings LLC (“Atlas”). DBM also announced that it has entered into a new credit agreement that provides for a $110 million term loan and a $110 million revolving credit facility (the “Credit Agreement”), which will be used to fully repay DBM’s existing debt obligations, fund a portion of the Banker Steel acquisition and provide additional working capital capacity. The purchase price for the acquisition of the Banker Steel family of companies was $145 million (subject to working capital and other cu...
beIN SPORTS announced today that HC2 Broadcasting, the broadcasting subsidiary of HC2 Holdings, Inc. (NYSE: HCHC), is now carrying beIN SPORTS XTRA in a total of 36 top DMAs following an expansion into 22 markets. In addition, HC2 now also carries beIN SPORTS XTRA en Español, the newly launched, free Spanish-language channel, which offers live sports, news, analysis and highlights that bring both diehard and casual fans closer to the game, in 33 top DMAs. beIN SPORTS XTRA's new DMAs include Houston, Tampa-St. Petersburg, Detroit, Denver, Orlando, Cleveland, Charlotte, St. Louis, and more. beIN SPORTS XTRA en Español has launched in major DMA's including Los Angeles, Philadelphia, Dallas-Ft. Worth, Houston, and more.
If you want to know who really controls HC2 Holdings, Inc. ( NYSE:HCHC ), then you'll have to look at the makeup of its...
HC2 Holdings Portfolio Company R2 Technologies Disrupts the Aesthetics Industry with Launch of Its Groundbreaking Glacial Rx™ Treatment
The first & only treatment powered by cooling technology proven to gently remove age spotsNEW YORK, April 07, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or “the Company”) (NYSE: HCHC) today announced that its portfolio company R2 Technologies Inc. (“R2”) the leader in CryoAesthetic™ medical devices, launched Glacial Rx™, the first revolutionary in-office CryoAesthetic™ age spot removal treatment, FDA-cleared to remove benign lesions and temporarily reduce pain, swelling and inflammation. R2 is a privately held portfolio company within HC2’s Pansend Life Sciences (“Pansend”) segment, which is one of HC2’s core businesses. Pansend is focused on the development of cutting-edge healthcare technologies and products and has a proven track record for innovation and value creation. Deve...
Cedar Creek Partners LLC, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 13.7% was recorded by the fund for the Q4 of 2020, outperforming the S&P 500 index that had a 12.2% gain, but below its Russell 2000 benchmark that delivered […]
Shares of HC2 Holdings (NYSE:HCHC) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 108.11% over the past year to ($0.03), which beat the estimate of ($0.20). Revenue of $251,800,000 declined by 49.48% from the same period last year, which beat the estimate of $250,000,000. Guidance Earnings guidance hasn't been issued by the company for now. Revenue guidance hasn't been issued by the company for now. How To Listen To The Conference Call Date: Mar 10, 2021 View more earnings on HCHC Time: 05:00 PM ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1437710&tp_key=4ab48f08a3 Recent Stock Performance 52-week high: $4.75 Company's 52-week low was at $1.29 Price action over last quarter: Up 53.23% Company Overvi...