Sunday, August 14, 2022

Week in Review 32/22




 Welcome and thanks for reading!


In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.


Received Dividends:

 

 

August 8, 2022

 

  • € 11.98 – Medifast, Inc. (MED)
  • € 17.75 – Air Products and Chemicals, Inc. (APD)

 

August 11, 2022

 

  • € 41.07 – Global X SuperDividend ETF (SDIV)

 

 

Week 31: Total net dividends € 70.80.

 

Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.



Portfolio Holdings News:

 

 

August 8, 2022 

 

  • Dominion Energy, Inc. (D) Announces Second-Quarter 2022 Earnings; D reports second quarter Non-GAAP EPS of $0.77, 1.3% above last year's result and $0.02 higher than expected. Revenue grew 18.4% to $3.6 billion, topping estimates $90 million. Management expects Q3 operating earnings in the range of $0.98 to $1.13 per share and affirms its full-year 2022 operating earnings guidance range of $3.95 to $4.25 per share. 

 

 

  • Pfizer Inc. (PFE) to Acquire Global Blood Therapeutics; PFE and Global Blood Therapeutics, Inc. (GBT) (NASDAQ: GBT) today announced the companies have entered into a definitive agreement under which Pfizer will acquire GBT. Under the terms of the transaction, PFE will acquire all the outstanding shares of GBT for $68.50 per share in cash, for a total enterprise value of approximately $5.4 billion, including debt and net of cash acquired. 

 

  • Viatris Inc. (VTRS) Reports Second Quarter 2022 Results; VTRS reports GAAP EPS of $0.26, beating analyst estimates by $0.07. Revenue of $$4.12 billion missed analyst estimates by $260 million and decreases 10% versus the same quarter last year. Management reaffirms Adjusted EBITDA and Free Cash Flow guidance. 

 

August 9, 2022 

 

  • Lockheed Martin Corporation (LMT) awarded a not-to-exceed $524.1M undefinitized modification to a previously awarded fixed-price incentive advanced acquisition contract. 

 

  • Emerson Electric Co. (EMR) Reports Third Quarter 2022 Results; EMR reports Non-GAAP EPS of $1.38, a 19% increase from the previous year and $0.09 higher than expected. Revenue increased 7% to $5 billion, $100 million less than expected. Management increased adjusted earnings per share guidance to $5.05 to $5.15 from prior outlook of $4.95-$5.10 and net sales guidance is reduced to 7 to 8 percent from prior outlook of 8%-10%. 

 

August 10, 2022 

 

  • Ahold Delhaize N.V. (AMS:AD) Reports Second Quarter Results; AD reports diluted underlying EPS of €0.59, an increase of 11.0% over the prior year. Revenue of €21.4 billion, increased 15.1% versus the same quarter last year. Management now expects mid-single-digit growth in underlying EPS compared to 2021 levels (originally expected decline of low- to mid-single digits vs. 2021 levels) and an increase in 2022 free cash flow guidance to a level of approximately €2.0 billion (originally €1.7 billion). 

 

  • General Dynamics Corporation (GD) awarded a $236.18M modification to a previously awarded contract for engineering, technical, design agent, and planning yard support for operational strategic and attack submarines. 

 

 

 

 

August 11, 2022 

 

  • Kinder Morgan, Inc. (KMI) Acquires North American Natural Resources; KMI announced it has closed on the acquisition of North American Natural Resources, Inc. (NANR) and its sister companies, North American Biofuels, LLC and North American-Central, LLC. The $135 million acquisition in combined purchase price and related transaction costs includes seven landfill gas-to-power facilities in Michigan and Kentucky. 

 

 

  • Flowers Foods, Inc. (FLO) Reports Second Quarter Results; FLO reports second quarter Non-GAAP EPS of $0.31, a 3.2% decrease year-over-year but $0.04 ahead of estimates. Revenue improved 10.8% to $1.13 billion, $10 billion higher than expected. For FY 2022 management expect EPS to be between $1.16-$1.21. 

 

  • Main Street Capital Corporation (MAIN)  Prices Public Offering of Common Stock; MAIN announce that it has priced a public underwritten offering of 1,170,000 shares of its common stock.  Pricing was set at $42.85 per share, and net proceeds from the offering, after deducting underwriting discounts and estimated offering expenses payable by Main Street, are expected to be approximately $47.9 million.  Main Street has also granted the underwriters an option, exercisable for 30 days, to purchase up to 175,500 additional shares of its common stock at the public offering price, less the underwriting discount.

 

 


August 12, 2022 

 

  • Lockheed Martin Corporation (LMT) has been awarded a $7.63B firm-fixed-price, fixed-price incentive, undefinitized modification to a previously awarded advanced acquisition contract. 

 

  • Raytheon Technologies Corporation (RTX) has been awarded a $132.65M modification to previously awarded contract FA8121-19-D-0005 for engine module remanufacture.

 



Articles that caught my attention:





Thanks for stopping by, have a nice next week!

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