|Bid||55.00 x 2900|
|Ask||0.00 x 1100|
|Day's Range||61.08 - 61.70|
|52 Week Range||43.75 - 62.27|
|PE Ratio (TTM)||15.96|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||65.00|
ServiceMaster Global Holdings, Inc. (SERV), a leading provider of essential residential and commercial services, today announced that its wholly owned subsidiary, frontdoor, inc. (“Frontdoor”), the new corporate name for the parent company of ServiceMaster’s American Home Shield business, priced $1 billion of financing transactions in advance of the planned spin-off of Frontdoor. Such financing transactions consist of an offering of $350 million aggregate principal amount of 6.75% Senior Notes due 2026 (the “Notes”) and entry into a $650 million term loan facility due 2025. The financing transactions are another step toward the planned spin-off of Frontdoor and are expected to be completed on Friday, August 17th, subject to certain conditions.
ServiceMaster Global Holdings, Inc. , a leading provider of essential residential and commercial services, today announced that frontdoor, inc., , its wholly owned subsidiary, will host an investor day on Wednesday, September 12, 2018 in New York City, NY.
Moody's Investors Service ("Moody's") assigned a B2 rating to frontdoor, inc.'s (formerly known as AHS Holding Company, Inc. and doing business as American Home Shield, "Frontdoor") proposed senior unsecured notes. AHS will be a publicly-traded company.
ServiceMaster Global Holdings, Inc. (SERV) (the “Company”), today announced the commencement of a private offering of $350 million aggregate principal amount of unsubordinated unsecured notes (the “Notes”) of its wholly-owned subsidiary, frontdoor, inc. (“Frontdoor,” currently an indirect, wholly owned subsidiary of the Company, and the parent company of American Home Shield). The Company also announced that syndication for a $650 million term loan facility of Frontdoor launched last week. The Notes will be offered in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
Moody's Investors Service, Inc. ("Moody's") confirmed The ServiceMaster Company, LLC's ("ServiceMaster") Corporate Family rating ("CFR") at Ba3, Probability of Default rating ("PDR") at Ba3-PD and senior unsecured at B1. The senior secured credit facility was upgraded to Baa3 from Ba2.
Moody's Investors Service ("Moody's") assigned first time ratings to frontdoor, inc. (formerly known as AHS Holding Company, Inc. and doing business as American Home Shield, "Frontdoor"). The Corporate Family rating ("CFR") was assigned at Ba3, the Probability of Default rating at Ba3-PD, the proposed senior secured revolver and term loan at Ba2 and the Speculative Grade Liquidity rating ("SGL") at SGL-1.
“This filing marks an important next step in the planned spin-off of the American Home Shield business,” said Nik Varty, ServiceMaster chief executive officer. The registration statement may be accessed at www.sec.gov under the name frontdoor, inc. (“Frontdoor”), the new corporate name for the parent company of the American Home Shield business.
ServiceMaster Global Holdings, Inc. , a leading provider of essential residential and commercial services, today announced it has named Jeffrey A. Fiarman as the senior vice president, general counsel and corporate secretary of American Home Shield.
NEW YORK, NY / ACCESSWIRE / July 31, 2018 / ServiceMaster Global Holdings, Inc. (NYSE: SERV ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 31, 2018 at 9:00 AM ...
ServiceMaster Global Holdings, Inc. , a leading provider of essential residential and commercial services, today announced it has promoted Robert Doty to senior vice president and chief information officer.
ServiceMaster continues its spin-off prep with a new executive appointment. The Memphis-based residential and commercial services company announced Wednesday, July 25, it had promoted Brian Turcotte to the role of chief financial officer for American Home Shield (AHS). It was announced one year ago that AHS — the home warranty business under the ServiceMaster umbrella — would be spun off to create its own publicly traded company.
“Brian has been an outstanding leader and has delivered significant value to ServiceMaster in various leadership roles over the last five years,” said Nik Varty, ServiceMaster chief executive officer. “His incredible experience in finance and operations positions him well to help launch and lead American Home Shield as it spins off into an independent company.
Servicemaster Global Holdings Inc (NYSE: SERV )'s planned split into two units — Terminix pest control and American Home Shield — is an "added benefit" for an already strong company, according ...
Stock Research Monitor: ROL, FISV, and SPGI LONDON, UK / ACCESSWIRE / July 18, 2018/ If you want a free Stock Review on SERV sign up now at www.wallstequities.com/registration . On Tuesday, benchmark US ...
The Memphis, Tennessee-based company said it had net income of 71 cents per share. Earnings, adjusted for one-time gains and costs, came to 79 cents per share. The results fell short of Wall Street expectations. ...
ServiceMaster Global Holdings, Inc. , a leading provider of essential residential and commercial services, today announced preliminary revenue, net income, Adjusted net income and Adjusted EBITDA for the second-quarter 2018 financial results and provided an update to full-year 2018 outlook.
Terminix, a leading provider of termite and pest control services in the United States and a ServiceMaster company, is offering One-Time Mosquito Service.
ServiceMaster Restore, one of the largest disaster restoration companies in the United States and a ServiceMaster (SERV) company, is encouraging homeowners to exercise caution when grilling this summer. “Summertime cookouts with family and friends are a tradition that we all look forward to, but firing up the grill can be dangerous and costly if you don’t plan ahead,” said Peter Duncanson, a 30-year ServiceMaster Restore veteran. Research from the National Fire Protection Association shows that every year an average of 9,000 home fires involve grills, hibachis or barbecues.
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of News ...
ServiceMaster Global Holdings Inc (NYSE:SERV), a consumer services company based in United States, saw a decent share price growth in the teens level on the NYSE over the last fewRead More...