ATCO News and Press, Atlas Corp. From 08/05/22

Earnings news remained a significant driver in Friday's midday trading. CloudFlare ( NYSE: NET ) and FuboTV ( FUBO ) both climbed in the wake of their quarterly updates. Meanwhile, Twilio ( TWLO ) saw the opposite impact from the release of its financial figures. A weak ...

Asset manager Atlas ( NYSE: ATCO ) said on Thursday it received a takeover offer from consortium group Poseidon Acquisition Corp for the full buyout of the asset manager at a 30% premium over its share price prior to the announcement. The consortium is made u...

Atlas' largest shareholders, Chairman, and ONE propose to take the company private at $14.45/share, representing a $3.8B fully diluted market cap and a $9.7B Enterprise Valuation. The Company has $18B of contracted cash flows and anticipates generating $450M in cash flow to the common...

Atlas Corp. Announces Receipt of "Take Private" Proposal Canada NewsWire LONDON, UK , Aug. 5, 2022 /CNW/ - Atlas ("Atlas" or the "Company") (NYSE: ATCO) announced today that its board of directors (the "Board") has received a non-binding proposal letter, ...

CHAIRMAN OF ATLAS CORP., FAIRFAX FINANCIAL HOLDINGS LIMITED AND THE WASHINGTON FAMILY PARTNER WITH OCEAN NETWORK EXPRESS PTE. LTD. TO JOINTLY PROPOSE ACQUIRING ALL COMMON SHARES OF ATLAS CORP. NOT CONTROLLED BY ITS MAJORITY SHAREHOLDERS FOR $14.45 PER SHARE IN CASH Canada NewsWi...

Atlas Publishes 2021 Sustainability Report Canada NewsWire LONDON , July 27, 2022 /CNW/ - Atlas Corp. ("Atlas") (NYSE: ATCO) is pleased to announce it has published its 2021 Sustainability Report .  This is the second edition following the inaugu...

Value Investor's Edge Live continues with an exclusive interview focused on the containership segment of the shipping industry. Evangelos Chatzis, CFO of Danaos Corp, joined us recently for an exclusive interview to discuss market prospects and capital allocation priorities. Danao...

Atlas Announces Second Quarter 2022 Results Conference Call and Webcast Canada NewsWire LONDON, UK , July 19, 2022 /CNW/ - Atlas Corp. ("Atlas") (NYSE: ATCO) plans to release its financial results for the quarter ended June 30, 2022 , after the market...

Atlas Corp. invests in long-term, risk-adjusted returns across infrastructure assets in the maritime sector and the energy sector. I assumed that the shipping and energy market trends will continue to be beneficial for Atlas Corp. Atlas Corp. reported Q1 2022 sales growth of more ...

Container shipping stocks have cratered, largely due to macro fears, dragging down container ship lessors, like Danaos, with them. This is undue, given Danaos' reliance on long-term charters and the fact that charter rates continue to climb. Finally, Danaos has taken advantag...