Usio Announces Pricing of $8 Million Underwritten Public Offering
SAN ANTONIO, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced the pricing of an underwritten public offering of common stock for gross proceeds of $8 million prior to deducting underwriting discounts and commissions and
GlobeNewswire · 4d ago
HC2 Holdings, Inc.: Asset Rich But Cash Poor
HC2 Holdings 11.5% First Lien Notes is going current end of 2020 and will likely need to tap high yield market to refinance the bond.While HCHC made progress reducing the amounts on the 11.5% notes, there is still a sizable ~$342.4 million outstanding, plus $55 million of convertible bonds outstanding.Most of HCHC's subsidiaries are not generating meaningful cash flow, and the couple that are cash flow positive don't have enough debt capacity to absorb the holdco debt.The proceeds of the recently announced rights issuance are to fund general corporate expenses, which won't be used to delever the balance sheet.I think HCHC will have a tough time refinancing the remaining balance of the 11.5% notes.
Seekingalpha · 5d ago
HC2 Holdings Announces Record Date for Rights Offering
NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today that its Board of Directors has fixed a record date for its previously announced $65 million common stock rights offering. All HC2 stockholders will have
GlobeNewswire · 5d ago
Usio Announces Proposed Public Offering of Common Stock
SAN ANTONIO, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it has commenced an underwritten public offering of its common stock. All shares of common stock to be sold in the offering will be offered by Usio. Usio
GlobeNewswire · 5d ago
4-CT and United Way of Central and Northeastern Connecticut Select Usio to Help Provide Relief to Connecticut Residents Affected by the COVID-19 Pandemic
SAN ANTONIO, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that 4-CT and United Way of Central and Northeastern Connecticut (UWCNC) have selected Usio’s proprietary prepaid card-issuing platform as its preferred channel
GlobeNewswire · 6d ago
Usio and Mastercards City Possible Team Up to Speed Assistance to Families in Need
Usio’s prepaid card technology now featured as part of Mastercard’s City Possible programSAN ANTONIO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, and Mastercard (NYSE: MA), a technology company in the global payments industry, today
GlobeNewswire · 09/17 14:00
HC2 Holdings Announces Rights Offering for Common Stock
NEW YORK, Sept. 09, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today that its Board of Directors (the “Board”) has approved a plan to proceed with steps to launch a $65 million rights offering for its common stock. The Company
GlobeNewswire · 09/09 22:15
HC2 Broadcasting Amends Terms of $81.2 Million Notes, Extends Maturity to October 2021
NEW YORK, Aug. 31, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today that its Broadcasting segment has amended the terms of its $81.2 million of privately placed notes (the “Notes”), and extended their maturity by one year
GlobeNewswire · 08/31 21:05
HC2 Holdings Sees Hammer Chart Pattern: Time to Buy?
HC2 Holdings has been struggling lately, but the selling pressure may be coming to an end soon.
Zacks · 08/31 18:20
Usio Announces Appointment of Ernesto Beyer to its Board of Directors
GlobeNewswire · 08/31 14:00
The Mayors Fund to Advance New York City Selects Usio to Help Provide Relief to New Yorkers Affected by the COVID-19 Pandemic
New Prepaid Partnership Continues Expansive Penetration into Government and Non-profit OrganizationsSAN ANTONIO, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that the Mayor’s Fund to Advance New York City chose its proprietary
GlobeNewswire · 08/25 14:00
Crane to Benefit From Acquisitions Amid Pandemic Scares
Zacks · 08/18 15:35
HC2 Holdings, Inc. (HCHC) CEO Wayne Barr on Q2 2020 Results - Earnings Call Transcript
Seeking Alpha - Transcript · 08/11 00:07
HC2 Holdings (HCHC) Q2 Earnings Top Estimates
HC2 Holdings (HCHC) delivered earnings and revenue surprises of 166.67% and -10.22%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks · 08/10 22:05
HC2 shares are trading higher after the company reported Q2 EPS of $0.26, up from $0.12 year over year.
Benzinga · 08/10 21:01
HC2 Holdings Q2 EPS $0.26 Up From $0.12 YoY, Sales $377.00M Miss $419.90M Estimate
HC2 Holdings (NYSE:HCHC) reported quarterly earnings of $0.26 per share. This is a 116.67 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $377.00
Benzinga · 08/10 20:54
HC2 Holdings Reports Second Quarter 2020 Results
\- Second Quarter 2020 Consolidated Net Revenue of $377.0 Million - \- Completes Sale of 30% Interest in HMN Joint Venture, Reducing Debt -NEW YORK, Aug. 10, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified hold
GlobeNewswire · 08/10 20:15
Usio to Host Second Quarter Conference Call to Discuss Results and Provide Company Update on Friday, August 14, 2020
SAN ANTONIO, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it will release second quarter financial results for the period ended June 30, 2020 after the market close on Th
GlobeNewswire · 08/07 13:00
Usio’s Prepaid Business Growth Trajectory Accelerating
Total Funds Loaded onto Cards – a Key Growth Metric - up 690% year-over-year at July 31, 2020SAN ANTONIO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Usio, Inc (Nasdaq: USIO), an integrated electronic payment solutions provider, today provided an update on the growth of
GlobeNewswire · 08/06 13:00
Analysts Estimate HC2 Holdings (HCHC) to Report a Decline in Earnings: What to Look Out for
HC2 Holdings (HCHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks · 08/03 16:31
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HC2 Holdings, Inc. is a diversified holding company. The Company operates through eight segments: Construction, Marine Services, Energy, Telecommunications, Insurance, Life Sciences, Broadcasting and Other. Its subsidiaries include DBM Global Inc., which provides an integrated structural and steel construction services; Global Marine Group, a provider of engineering and underwater services on submarine cables; American Natural Energy Corp., a compressed natural gas fueling company; PTGi-International Carrier Services Inc., a provider of Internet-based protocol and time-division multiplexing access for the transport of long-distance voice minutes; Continental Insurance Group Ltd., a platform for its run-off long-term care and life and annuity business; Pansend Life Sciences, LLC, focused on supporting healthcare and biotechnology product development, and HC2 Broadcasting Holdings Inc., which is a strategic acquirer and operator of Over-The-Air broadcasting stations.More