Latest News for Hoegh LNG Partners Stock (OTC:HMLPF)

Hoegh LNG Partners LP own and operate floating storage and regasification units (FSRUs), under long-term charters. The company's primary business objective is making accretive acquisitions of FSRUs, LNG carriers and other LNG infrastructure assets with long-term charters. It has two segments, which are the Majority held FSRUs and the Joint venture FSRUs. The Majority held FSRUs segment is a key revenue driver which includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease-related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long-term time charters.

HOEGH LNG PART 8.75 SER A by Hoegh LNG Partners LP

Hoegh LNG Partners LP

Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.01 by 19.8 percent. This is a 14.15 percent increase over earnings of $1.06 per share from the same period last year.

Earnings

Earnings Beats

News

Advanced Drainage Systems Q4 2024 GAAP EPS $1.21 Beats $1.01 Estimate

The quarterly cash dividend amount of $0.16 per share will be paid on June 14, 2024, to shareholders of record at the close of business on May 31, 2024.

Dividends

General

Advanced Drainage Systems Increases Quarterly Cash Dividend By 14% to $0.16

HC Wainwright &amp; Co. analyst Ed Arce reiterates Acurx Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACXP#NASDAQ">ACXP</a>) with a Buy and maintains $12 price target.

Price Target

Reiteration

Analyst Ratings

ACXP

HC Wainwright & Co. Reiterates Buy on Acurx Pharmaceuticals, Maintains $12 Price Target

Advanced Drainage Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMS#NYSE">WMS</a>) reported quarterly sales of $653.840 million which beat the analyst consensus estimate of $610.832 million by 7.04 percent. This is a 5.87 percent increase over sales of $617.559 million the same period last year.

Advanced Drainage Systems Q4 Sales $653.840M Beat $610.832M Estimate

Needham analyst Serge Belanger reiterates Omeros (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMER#NASDAQ">OMER</a>) with a Hold.

OMER

Needham Reiterates Hold on Omeros

Dow, Freepoint Eco-Systems Ink Supply Agreement To Transform Plastic Waste Into New Circular Products

<a href="https://www.bloomberg.com/news/articles/2024-05-16/crescent-energy-is-said-to-near-2-1-billion-deal-for-silverbow#:~:text=Crescent%20Energy%20Inc.%20is%20in,people%20familiar%20with%20the%20matter" title="https://www.bloomberg.com/news/articles/2024-05-16/crescent-energy-is-said-to-near-2-1-billion-deal-for-silverbow#:~:text=Crescent%20Energy%20Inc.%20is%20in,people%20familiar%20with%20the%20matter">https://www.bloomberg.com/news/articles/2024-05-16/crescent-energy-is-said-to-near-2-1-billion-deal-for-silverbow#:~:text=Crescent%20Energy%20Inc.%20is%20in,people%20familiar%20with%20the%20matter</a>.

CRGY

SBOW

Bloomberg Reported Earlier: Crescent Energy In Advanced Talks To Buy SilverBow Resources, Valuing The Oil And Gas Producer At $2.1B

Needham analyst Gil Blum reiterates Celcuity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELC#NASDAQ">CELC</a>) with a Buy and maintains $24 price target.

CELC

Needham Reiterates Buy on Celcuity, Maintains $24 Price Target

Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) <a href="https://www.benzinga.com/news/24/05/38673436/apple-launches-ipad-pro-with-m4-chip-oled-display-at-999-ipad-air-6-now-comes-in-two-sizes-for-the-f">latest iPad Pro</a>, with its thin design, has been the subject of discussion in the tech community since its unveiling by Tim Cook earlier in May. However, its thin profile has proved to be an issue despite Apple making improvements to its structural integrity.
What Happened: The new iPad Pro, which features a thin design, has been subjected to an extreme bend test by popular tech YouTubers JerryRigEverything and AppleTrack.
During the tests, the new iPad Pro showed an improvement in its durability during horizontal bend tests, suggesting it's safer than its predecessor despite a thinner profile.
However, the vertical bend test resulted in a "catastrophic failure" in Jerry's case, with the weak link being the USB charging port.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
AppleTrack, on the other hand, conducted the same bend test on both the M2 and M4 iPad Pro models, with the M4 model emerging almost unscathed. The M2 model, however, exhibited a clear bend near the camera corner.
It's worth noting that despite the results of these tests, the testers had to apply force far beyond what would be expected in everyday use to cause a permanent bend.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/05/38826439/at-google-io-2024-sundar-pichai-and-team-announces-new-gemini-models-project-astra-ai-fraud-protecti" target="_blank" rel="noreferrer noopener">At Google I/O 2024, Sundar Pichai And Team Announce New Gemini Models, Project Astra, AI Fraud Protection And More</a>
Why It Matters: It's not the first time Apple's iPad Pro has been the subject of criticism for its durability. The 2018 iPad Pro was involved in the "#BendGate" controversy due to its tendency to bend under normal use. Other devices like the <a href="https://www.benzinga.com/news/22/03/26232379/apples-latest-ipad-air-has-users-complaining-about-hollow-and-creaky-feeling-is-it-bendgate-2-0">2022 iPad Air</a> and the <a href="https://www.benzinga.com/top-stories/14/09/4876505/whats-causing-apple-inc-s-iphone-6-plus-to-bend">iPhone 6 Plus</a> were also prone to bending.
The latest generation of iPad Pro, including the M4 model, does not seem to exhibit the same issues, thanks to some important improvements to its structural profile.
However, it still has a major weak point when placed vertically or if the force is applied against the structure's axis.
The new iPad Pro, powered by the new M4 chip, was launched by Apple at the <a href="https://www.benzinga.com/news/24/05/38673436/apple-launches-ipad-pro-with-m4-chip-oled-display-at-999-ipad-air-6-now-comes-in-two-sizes-for-the-f">&#8220;Let Loose&#8221; event</a>. The company also unveiled the new generation of iPad Air, which comes in two screen sizes for the first time.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title=""Thinnest iPad Ever" – WHAT COULD POSSIBLY GO WRONG?" width="500" height="281" src="https://www.youtube.com/embed/GN6ZlssqNAE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/05/38836944/meet-jakub-pachocki-openais-new-chief-scientist-following-ilya-sutskevers-exit-sam-altman-calls-him">Meet Jakub Pachocki, OpenAI&#8217;s New Chief Scientist After Ilya Sutskever&#8217;s Exit: Sam Altman Hails Him As &#8216;One Of The Greatest Minds Of Our Generation&#8217;</a>
Photo courtesy: Apple

Tech

AAPL

Tim Cook Hyped 'Thinnest Apple Product Ever' At Recent iPad Event, But Cupertino's Newest Gadget Flunks Durability Test In 'Catastrophic Failure'

Truist Securities analyst Neal Dingmann upgrades Coterra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>) from Hold to Buy and raises the price target from $27 to $35.

Upgrades

CTRA

Truist Securities Upgrades Coterra Energy to Buy, Raises Price Target to $35

ARES

Ares Management, CDPQ, And Schroders Capital Announce €750M Financing For Expansion Of Vantage Data Centers' EMEA Platform, Ares And CDPQ Are Providing Up To €300M Respectively, And Schroders Capital Is Contributing Up To €150M

Truist Securities analyst Neal Dingmann downgrades Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) from Buy to Hold and lowers the price target from $84 to $69.

Downgrades

Truist Securities Downgrades Occidental Petroleum to Hold, Lowers Price Target to $69

The dividend is payable on June 28, 2024 to each stockholder of record on June 14, 2024.

NOV Boosts Regular Quarterly Dividend By 50% From $0.05 To $0.075 Per Share

HC Wainwright &amp; Co. analyst Ed Arce reiterates Sagimet Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMT#NASDAQ">SGMT</a>) with a Buy and maintains $32 price target.

SGMT

HC Wainwright & Co. Reiterates Buy on Sagimet Biosciences, Maintains $32 Price Target

Truist Securities analyst Neal Dingmann downgrades EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) from Buy to Hold and lowers the price target from $163 to $136.

Truist Securities Downgrades EOG Resources to Hold, Lowers Price Target to $136

Keybanc analyst Jackson Ader maintains Monday.Com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) with a Overweight and raises the price target from $275 to $280.

MNDY

Keybanc Maintains Overweight on Monday.Com, Raises Price Target to $280

B of A Securities analyst Joshua Shanker upgrades Trupanion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUP#NASDAQ">TRUP</a>) from Neutral to Buy and raises the price target from $35 to $49.

TRUP

B of A Securities Upgrades Trupanion to Buy, Raises Price Target to $49

HC Wainwright &amp; Co. analyst Swayampakula Ramakanth initiates coverage on Dianthus Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNTH#NASDAQ">DNTH</a>) with a Buy rating and announces Price Target of $40.

Initiation

DNTH

HC Wainwright & Co. Initiates Coverage On Dianthus Therapeutics with Buy Rating, Announces Price Target of $40

ECVT

Ecovyst's Joint Venture Zeolyst International Announces Start-Up of New Laboratory Pyrolysis Reactor for Advanced Recycling of Plastic Waste

The shares represent&nbsp;20%&nbsp;of the outstanding shares of Corebridge at signing. Under the terms of the transaction, AIG has agreed to maintain a&nbsp;9.9%&nbsp;ownership stake in Corebridge for two years after the closing.
This sale is expected to close by the&nbsp;first quarter&nbsp;of 2025, subject to satisfaction of customary closing conditions, including required regulatory approvals.

Offerings

Asset Sales

CRBG

AIG Reaches Deal To Sell 120M Shares Of Its Corebridge Common Stock To Nippon Life Insurance For $31.47 Per Share, For Aggregate Purchase Price Of $3.8B