|Bid||3.56 x 1000|
|Ask||3.58 x 900|
|Day's Range||3.44 - 4.52|
|52 Week Range||3.44 - 7.79|
|Beta (3Y Monthly)||2.25|
|PE Ratio (TTM)||1.14|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.50|
HC2 Holdings, Inc. (“HC2”) (HCHC), a diversified holding company, announced today a private offering of $470 million aggregate principal amount of senior secured notes due 2021 (the “Secured Notes”) and a concurrent private offering of $55 million aggregate principal amount of convertible senior notes due 2022 (the “Convertible Notes”, and together with the “Secured Notes”, the “Notes”) being offered by the Company in private offerings (the “Offerings”) exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The previously announced offering of $535 million in aggregate principal amount of senior secured notes has been downsized to an offering of $470 million aggregate principal amount of senior secured notes due 2021, coupled with an offering of $55 million aggregate principal amount of convertible senior notes due 2022, in response to broader market conditions.
Moody's Investors Service has assigned an overall covenant quality (CQ) score of 1.57 to HC2 Holdings, Inc.'s $540m _% senior secured notes due 2021. The agency assesses investor protections in six key risk categories: cash leakage (dividends), risky investments, leveraging, liens subordination, structural subordination, and change of control.
HC2 Holdings (HCHC) delivered earnings and revenue surprises of 111.90% and 4.66%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had net income of $2.97 per share. Earnings, adjusted for non-recurring gains, came to 5 cents per share. The diversified holding company posted revenue of $501.4 million ...
Re-Affirms 2018 Guidance for Construction and Marine Services Segments NEW YORK, Nov. 07, 2018 -- HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
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.
HC2 Holdings, Inc. (HCHC), a diversified holding company, announced today that it will release its financial results for the third quarter 2018 on Wednesday, November 7, 2018 after the market closes. The Company will host an earnings conference call reviewing these results and its operations the same day, beginning at 5:00 p.m. ET. Participating on the call will be Philip Falcone, the Company’s Chairman, President and CEO, Michael J. Sena, Chief Financial Officer and Andrew G. Backman, Managing Director of Investor Relations and Public Relations.
Moody's Investors Service, ("Moody's") affirmed HC2 Holdings, Inc.'s (HC2) B3 corporate family rating, B3-PD probability of default rating, and it's Speculative Grade Liquidity Rating of SGL-3. At the same time, Moody's assigned a Caa1 rating to the company's proposed $535 million senior secured notes.
HC2 Holdings, Inc. (“HC2”) (HCHC), a diversified holding company, announced today a private offering of $535 million aggregate principal amount of senior secured notes due 2023 (the “Notes”). The Company expects to use the proceeds from the issuance of the Notes to redeem all of its outstanding 11% senior secured notes due 2019 and to pay certain related transaction costs and expenses. The offering is subject to market conditions and other factors. The Notes will be offered solely by means of a private placement to “qualified institutional buyers” in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in compliance with Regulation S under the Securities Act.
HC2 Holdings, Inc. (“HC2”) (HCHC), a diversified holding company, announced today that it is exploring strategic alternatives, including a potential sale, for its Global Marine subsidiary. “Since our acquisition four years ago, the management team at Global Marine has repositioned and strengthened itself by securing and maintaining leadership positions in various key growth markets, a testament to the strength of this business and the quality and focus of the team,” said Philip Falcone, HC2’s Chairman, Chief Executive Officer and President.
MediBeacon’s Breakthrough Device is Intended to Measure GFR in Patients with Impaired or Normal Kidney Function NEW YORK, Oct. 22, 2018 -- HC2 Holdings, Inc. (“HC2”).
ST. LOUIS, Oct. 22, 2018 /PRNewswire/ -- MediBeacon Inc., whose largest shareholder is Pansend Life Sciences of HC2 Holdings, Inc. (NYSE MKT: HCHC), announced today the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device designation to the company's Transdermal GFR Measurement System (TGFR).
NEW YORK, Oct. 11, 2018 -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that its operating subsidiary DBM Global Inc. (“DBM Global”).
HC2 Holdings, Inc. (“HC2”) (HCHC), a diversified holding company, announced today that its broadcasting subsidiary, HC2 Broadcasting Holdings Inc. (“HC2 Broadcasting”), has established a strategic distribution partnership with The Christian Broadcasting Network (“CBN”) for its launch of The CBN News Channel, the first 24-hour Christian television news channel. Under the new distribution agreement, HC2 Broadcasting will initially broadcast the new CBN News Channel in 13 of HC2 Broadcasting’s 134 markets across the United States, including Los Angeles, Atlanta, Detroit and St. Louis. The distribution partnership provides CBN the ability to expand distribution to other markets across the country through HC2 Broadcasting’s nationwide, ‘yet to be branded’, over-the-air (“OTA”) network.
Investors need to pay close attention to HC2 Holdings (HCHC) stock based on the movements in the options market lately.
Every investor in HC2 Holdings Inc (NYSE:HCHC) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders oftenRead More...
HC2 Holdings, Inc. (“HC2”) (HCHC), a diversified holding company, announced today that the parent company of its telecom subsidiary PTGi-ICS has changed its name from Arbinet Corporation to ICS Group Holdings Inc., (“ICS Group”). ICS Group’s mandate is to seek out and purchase companies that have a proven track record, a strong balance sheet and low capital expenditures. Target acquisitions will be small to medium opportunities in the communication and Information Technology (“IT”) marketplace globally. HC2 also announced that ICS Group has entered into a definitive agreement to acquire Go2Tel.com Inc. (“Go2Tel”), a well-established VoIP carrier that offers high-quality termination services, primarily in Latin America, South America and the Caribbean. Based in Miami, FL, Go2Tel also has a skilled team with presence in Colombia, Bolivia and Spain, and alliances with more than 200 companies in their region.
HC2 Holdings (HCHC) delivered earnings and revenue surprises of -53.33% and 9.37%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had profit of $1.08 per share. Losses, adjusted for non-recurring gains, were 69 cents per share. The diversified holding company posted revenue of $496.8 million in ...
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / HC2 Holdings, Inc. (NYSE: HCHC ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 5:00 PM Eastern Time. To ...