Capital structure

PIMCO California Municipal Income Fund, PIMCO California Municipal Income Fund II, PIMCO California Municipal Income Fund III, PIMCO Municipal Income Fund, PIMCO Municipal Income Fund II, PIMCO Municipal Income Fund III, PIMCO New York Municipal Income Fu

Retrieved on: 
Wednesday, April 17, 2024

All ARPS that were not tendered will remain outstanding, and the terms of the outstanding ARPS will remain the same as prior to the Tender Offers.

Key Points: 
  • All ARPS that were not tendered will remain outstanding, and the terms of the outstanding ARPS will remain the same as prior to the Tender Offers.
  • Any questions regarding the Tender Offers can be directed to the Funds’ Information Agent, EQ Fund Solutions, LLC, at (877) 478-5044.
  • Each Fund’s daily New York Stock Exchange closing market price for its common shares, net asset value per common share, as well as other information, including updated portfolio statistics and performance, are available at www.pimco.com/closedendfunds .
  • The dividend rate paid on the RVMTP Shares is expected to be the SIFMA Municipal Swap Index plus 1.30%, depending on the long-term rating most recently assigned by the applicable ratings agency to such RVMTP Shares.

Gannett Announces First Quarter 2024 Results and Reiterates Business Outlook

Retrieved on: 
Thursday, May 2, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2024.
  • "Our first quarter results reflect an excellent start to the year.
  • Year-over-year revenue trends were a bright spot in the quarter, reflecting the most pronounced sequential improvement in nearly three years.
  • This top line momentum gives us confidence in our belief that we'll exit 2024 with total revenues growing over the prior year.

Biora Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Tuesday, March 26, 2024

SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today provided a corporate update and reported financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Results demonstrated targeted drug delivery and absorption in the colon, with 3-4 times lower drug levels in blood
    SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today provided a corporate update and reported financial results for the fourth quarter and year ended December 31, 2023.
  • “We are thrilled by the results from the single ascending dose (SAD) portion of our clinical trial for BT-600.
  • During 2023, Biora reduced its outstanding notes by more than $80 million, resulting in a 75% reduction in net debt.
  • Comparison of Full-Year Ended December 31, 2023 and 2022
    Operating expenses were $67.1 million for the year ended December 31, 2023, compared to $62.1 million for the year ended December 31, 2022.

Camelot Event-Driven Fund Wins Three LSEG 2024 Lipper Awards

Retrieved on: 
Tuesday, March 19, 2024

MAUMEE, Ohio, March 19, 2024 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is thrilled to announce that their Camelot Event-Driven Fund (EVDIX) has been awarded not one, not two, but three LSEG Lipper Fund Awards.

Key Points: 
  • MAUMEE, Ohio, March 19, 2024 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is thrilled to announce that their Camelot Event-Driven Fund (EVDIX) has been awarded not one, not two, but three LSEG Lipper Fund Awards.
  • EVDIX is the United States 2024 Winner for Best Alternative Event-Driven Fund Over 3 Years, Over 5 Years, and Over 10 Years.
  • Robert Jenkins (Global Head of Research, Investment & Wealth at LSEG Lipper) expounds on the impressive win:
    “The 2024 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic three-year period that the markets have seen in decades.
  • The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months.

EXL Reports 2023 Fourth Quarter and Year-End Results(1); Issues 2024 Guidance

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, today announced its financial results for the quarter and full year ended December 31, 2023.

Key Points: 
  • During the year, we made a strategic pivot in our strategy – to be data- and AI-led in everything we do.
  • While we are mindful of the economic uncertainty heading into 2024, we remain confident we will deliver above industry average revenue and EPS growth in 2024.
  • We expect adjusted diluted EPS to be in the range of $1.56 to $1.62, representing a 9% to 13% increase over 2023.
  • Revenue increased by 0.8% sequentially on reported basis and constant currency basis, from the third quarter of 2023.

Gannett Announces 2023 Results and Business Outlook

Retrieved on: 
Thursday, February 22, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2023.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2023.
  • Our digital-only subscription revenues surpassed $150 million in 2023, with total digital-only average revenue per user reaching a new high.
  • As these results show, we are building momentum toward a sustainable digital growth business, with a strong balance sheet."
  • For the full year 2023, the Company repaid $141.6 million of debt
    The Company presents its full year 2024 outlook and its mid-term outlook over the course of 2025 and 2026 below.

Camelot Event-Driven Fund Celebrates 20-Year Anniversary

Retrieved on: 
Tuesday, November 21, 2023

MAUMEE, Ohio, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is proud to announce the 20-year anniversary of the Camelot Event-Driven Fund ("the Fund"), tickers EVDAX, EVDIX.

Key Points: 
  • MAUMEE, Ohio, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is proud to announce the 20-year anniversary of the Camelot Event-Driven Fund ("the Fund"), tickers EVDAX, EVDIX.
  • This year, Refinitiv Lipper named the Fund the Best Fund over 3 Years (and 5 Years!)
  • As a multi-strategy event-driven fund, this Fund has the flexibility to move with the market.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

Biora Therapeutics Provides Corporate Update and Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023

SAN DIEGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today provided a corporate update and reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Pharma collaborations accelerate for the BioJet™ Systemic Oral Delivery platform, which shows potential for liver-targeted delivery of large molecules
    SAN DIEGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today provided a corporate update and reported financial results for the third quarter ended September 30, 2023.
  • “The third quarter was also marked by accelerating development of our BioJet™ platform.
  • We progressed our three existing pharma collaborations during the quarter and are actively negotiating with a potential fourth pharma collaborator.
  • Biora filed an IND application with the FDA for BT-600 in September 2023.

Gannett Announces Third Quarter 2023 Results & Updated Full Year Outlook

Retrieved on: 
Thursday, November 2, 2023

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2023.
  • Our financial results for the third quarter reflect the continued progress on our strategy and our resilience in successfully navigating a challenging operating environment for our advertising clients.
  • We also maintained a strong liquidity position with $109 million of cash at the end of the third quarter.
  • We expect this trend of digital revenue growth to continue into the fourth quarter of 2023."

Moelis & Company Launches Dedicated Clean Technology Group

Retrieved on: 
Thursday, September 7, 2023

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the formation of its Clean Technology Group and the appointment of Arash Nazhad as a Managing Director in Houston to co-lead the new group.

Key Points: 
  • Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the formation of its Clean Technology Group and the appointment of Arash Nazhad as a Managing Director in Houston to co-lead the new group.
  • Arash will co-lead the group alongside current Moelis Managing Director Rick Polhemus, who has a longstanding focus on a range of growth-driven technology, electrification/mobility, sustainability, and services sectors.
  • Arash brings nearly 20 years of investment banking experience and deep expertise in clean energy technology.
  • He joins from Citi where he provided strategic advice and capital markets solutions to companies across clean tech, energy, metals, technology, industrials, power, and the sustainability landscape.