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2025-01-13
Wrap Technologies Unveils Go-Forward Strategy, Pioneering End-to-End Public Safety and Defense Solutions with New Virginia FacilityATLANTA , Dec. 12, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company" or "Cousins") (NYSE: CUZ ) announced today that its operating partnership, Cousins Properties LP (the "Operating Partnership"), has priced an offering of $400 million aggregate principal amount of 5.375% senior unsecured notes due 2032 at 99.463% of the principal amount. The offering is expected to close on December 17, 2024 , subject to the satisfaction of customary closing conditions. Cousins intends to use the net proceeds from the offering to fund a portion of the purchase price of 601 West 2nd Street, also known as Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin (the "Sail Tower Acquisition"), and the remainder to repay borrowings under its credit facility and for general corporate purposes. In the event the Sail Tower Acquisition is not completed, Cousins will use the net proceeds from the offering for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company. J.P. Morgan, Truist Securities, US Bancorp, BofA Securities, Morgan Stanley, PNC Capital Markets LLC, TD Securities and Wells Fargo Securities are acting as joint book-running managers. A shelf registration statement relating to these securities is effective with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and accompanying prospectus. Copies of these documents may be obtained by contacting J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York , 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, telephone collect at 1-212-834-4533; Truist Securities, Inc., Attention: Prospectus Department, 303 Peachtree Street, Atlanta, GA 30308, telephone: 800-685-4786, or e-mail: [email protected] ; or U.S. Bancorp Investments, Inc., Attention: High Grade Syndicate, 214 North Tryon Street, 26th Floor, Charlotte, NC 28202, or by telephone at: (877) 558-2607. Electronic copies of these documents are also available from the Securities and Exchange Commission's website at www.sec.gov . This press release is neither an offer to purchase nor a solicitation of an offer to sell the notes, nor shall it constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale is unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About Cousins Properties Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust ("REIT"). The Company, based in Atlanta, GA and acting through the Operating Partnership, primarily invests in Class A office buildings located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments. Forward-Looking Statements Certain matters contained in this press release are "forward-looking statements" within the meaning of the federal securities laws and are subject to uncertainties and risks, as itemized in Item 1A included in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and in the Company's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2024 and September 30, 2024 . These forward-looking statements include information about the Company's possible or assumed future results of the business and the Company's financial condition, liquidity, results of operations, plans, and objectives. They also include, among other things, statements regarding subjects that are forward-looking by their nature, such as: guidance and underlying assumptions; business and financial strategy; future debt financings; future acquisitions and dispositions of operating assets or joint venture interests; future acquisitions and dispositions of land, including ground leases; future acquisitions of investments in real estate debt; future development and redevelopment opportunities; future issuances and repurchases of common stock, limited partnership units, or preferred stock; future distributions; projected capital expenditures; market and industry trends; future occupancy or volume and velocity of leasing activity; entry into new markets, changes in existing market concentrations, or exits from existing markets; future changes in interest rates and liquidity of capital markets; and all statements that address operating performance, events, investments, or developments that we expect or anticipate will occur in the future — including statements relating to creating value for stockholders. Any forward-looking statements are based upon management's beliefs, assumptions, and expectations of our future performance, taking into account information that is currently available. These beliefs, assumptions, and expectations may change as a result of possible events or factors, not all of which are known. If a change occurs, our business, financial condition, liquidity, and results of operations may vary materially from those expressed in forward-looking statements. Actual results may vary from forward-looking statements due to, but not limited to, the following: the availability and terms of capital and our ability to obtain and maintain financing arrangements on terms favorable to us or at all; the ability to refinance or repay indebtedness as it matures; any changes to our credit rating; the failure of purchase, sale, or other contracts to ultimately close; the failure to achieve anticipated benefits from acquisitions, developments, investments, or dispositions; the effect of common stock or operating partnership unit issuances, including those undertaken on a forward basis, which may negatively affect the market price of our common stock; the availability of buyers and pricing with respect to the disposition of assets; changes in national and local economic conditions, the real estate industry, and the commercial real estate markets in which we operate (including supply and demand changes), particularly in Atlanta , Austin , Tampa , Charlotte , Phoenix , Dallas , and Nashville , including the impact of high unemployment, volatility in the public equity and debt markets, and international economic and other conditions; threatened terrorist attacks or sociopolitical unrest such as political instability, civil unrest, armed hostilities, or political activism, which may result in a disruption of day-to-day building operations; changes to our strategy in regard to our real estate assets may require impairment to be recognized; leasing risks, including the ability to obtain new tenants or renew expiring tenants, the ability to lease newly-developed and/or recently acquired space, the failure of a tenant to commence or complete tenant improvements on schedule or to occupy leased space, and the risk of declining leasing rates; changes in the preferences of our tenants brought about by the desire for co-working arrangements, trends toward utilizing less office space per employee, and the effect of employees working remotely; any adverse change in the financial condition or liquidity of one or more of our tenants or borrowers under our real estate debt investments; volatility in interest rates (including the impact upon the effectiveness of forward interest rate contract arrangements) and insurance rates; inflation; competition from other developers or investors; the risks associated with real estate developments (such as zoning approval, receipt of required permits, construction delays, cost overruns, and leasing risk); supply chain disruptions, labor shortages, and increased construction costs; risks associated with security breaches through cyberattacks, cyber intrusions or otherwise, as well as other significant disruptions of our information technology networks and related systems, which support our operations and our buildings; changes in senior management, changes in the Company's board of directors, and the loss of key personnel; the potential liability for uninsured losses, condemnation, or environmental issues; the potential liability for a failure to meet regulatory requirements, including the Americans with Disabilities Act and similar laws or the impact of any investigation regarding the same; the financial condition and liquidity of, or disputes with, joint venture partners; any failure to comply with debt covenants under debt instruments and credit agreements; any failure to continue to qualify for taxation as a real estate investment trust or meet regulatory requirements; potential changes to state, local, or federal regulations applicable to our business; material changes in dividend rates on common shares or other securities or the ability to pay those dividends; potential changes to the tax laws impacting real estate investment trusts and real estate in general; risks associated with climate change and severe weather events, as well as the regulatory efforts intended to reduce the effects of climate changes and investor and public perception of our efforts to respond to the same; the impact of newly adopted accounting principles on our accounting policies and on period-to-period comparisons of financial results; risks associated with possible federal, state, local, or property tax audits; and those additional risks and environmental or other factors discussed in reports filed with the Securities and Exchange Commission by the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company cannot guarantee the accuracy of any such forward-looking statements contained in this press release, and the Company does not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Roni Imbeaux Vice President, Finance and Investor Relations 404-407-1104 [email protected] SOURCE Cousins Properties90 jili free 100

THAT’S HOW YOU PLAY!!! Following their 2nd by week of the year, the Miami Hurricanes returned home to Hard Rock Stadium and beat the Wake Forest Demon Deacons 42-14 on Senior Day. Mike Schiffman chimed in with his 3 stars, which you can see right here: And now, let’s dive into The Good, The Bad, and The Ugly. The Good The Bad The Ugly Team Grades Offense: B Miami ended up rolling up a bunch of yards and plenty of points, but it was a slog there for a while. Yes, I’m holding this offense to a high standard, but it’s the standard they themselves have set. Congrats to the seniors, congrats to Cam Ward personally, and congrats on the win. But this wasn’t the offense’s best game of the year. Defense: A+++++ Conversely, this WAS the Miami defense’s best game of the year. Total lockdown after 2 broken coverages on the first drive. Only allowed 7 points all day. And look at all the numbers up top in “The Good”. This was a masterclass from the Miami defense, and they should be praised for it. Bravo. No notes. Special Teams: D Kicking was good. Punting was solid. But nothing in the return game, and Miami allowed yet-another kick return touchdown. Fix it. Coaching: A Look, everybody knows Miami’s coaches had a tough job to refocus this team for the final playoff push after the first loss of the year at Georgia Tech and they did just that. Sure, Wake scored on their first offensive possession, but that was it. And, after the KR-TD, the special teams coverage unit did much better. And, through it all, the coaching staff pushed the right buttons to get a great performance from the team on all phases. I’ve been critical of some of the coaches so far this year, but I have to give credit here where it’s due. Great job. That’s it for this installment of The Good, The Bad, and The Ugly. Hop in the comments and keep the conversation going. Go CanesIn a move to streamline public events and enhance accountability, the Chandigarh Police have placed the responsibility for safety and traffic management squarely on the shoulders of event organisers. Whether it’s a political rally, musical concert or religious procession, organisers must now ensure the smooth execution of their gatherings, taking charge of everything from crowd control to traffic diversions. Under the newly formed “SoP guidelines for permissions for public event”, organisers are required to take proactive steps to manage crowd safety and traffic disruptions. This includes deploying trained volunteers to assist with traffic regulation and crowd control, particularly for large-scale events. Compliance with safety regulations is mandatory, with requirements such as installation of CCTV cameras, proper signage and availability of safety equipment at event venues. Organisers will bear full responsibility for any accidents or incidents occurring during their events. To ensure transparency, organisers must conduct videography or photography of the event and submit copies to the Chandigarh Police upon request for investigative purposes. They are also required to prepare clear and tested evacuation and emergency response plans. For larger gatherings, these plans must be shared with local authorities to ensure readiness for any unforeseen situations. Additionally, event layouts, entry and exit points, and estimated crowd sizes must be submitted at the time of application to facilitate effective monitoring. In a notable shift, organisers are now responsible for arranging traffic diversions, ensuring road safety measures, and installing necessary signage to guide attendees. Processions are required to adhere to specific rules, such as keeping to the left and occupying no more than one-third of the road width. Pedestrian and cycling paths must remain unobstructed, and vehicles must be parked in authorised areas to avoid congestion. As per the guideline, organisers must inform the public about event permissions and rules through press releases and social media platforms, ensuring compliance and awareness among attendees. IGP to grant permissions Previously, the process for obtaining event permissions involved forwarding applications to multiple departments, including the SSP (Law & Order), SSP (Traffic & Security), chief fire officer and municipal corporation, with the deputy commissioner’s office granting the final approval. Now, the inspector general of police (IGP) will serve as the nodal officer for the permission-granting process. The IGP will oversee approvals and ensure adherence to all stipulated guidelines. After a thorough assessment, the IGP will formally decide on the permission. All permissions granted, conditions imposed and post-event reports will be recorded for future audits and evaluations.



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‘Wheel of Fortune’ Player Misses $40,000 Win After Disney DisasterPrince Karim Aga Khan, the 49th Imam of the Ismaili Muslim community, marks his 88th birthday on December 13, celebrated by millions around the world. His leadership over the decades has been defined by service, humanitarian development, and cultural preservation, leaving an enduring legacy. Born on December 13, 1936, in Geneva, Switzerland, Prince Karim Aga Khan was raised in a culturally and spiritually enriched environment. He attended prestigious European schools, where he excelled academically and became known for his sportsmanship in skiing and horseback riding, gaining international recognition in sports circles. After completing his secondary education, he pursued higher studies at Harvard University, majoring in Islamic History and Eastern Civilizations. His academic pursuits laid a strong foundation for his future role as a global leader dedicated to humanitarian and development work. In 1957, at the age of 20, Prince Karim Aga Khan succeeded his grandfather, Imam Sultan Muhammad Shah (Aga Khan III), as the Imam of the Ismaili Muslim community. His grandfather’s will emphasized his intellectual merit, vision, and leadership potential. Imam Sultan Muhammad Shah himself was a visionary leader known for advancing education, healthcare, and international diplomacy. He founded Aligarh Muslim University in India and championed efforts to promote global cooperation and dialogue. Recognizing the need for community development, Prince Karim Aga Khan established the Aga Khan Development Network (AKDN), now one of the world’s largest private development organizations. AKDN’s efforts span healthcare, education, economic development, and cultural preservation in over 30 countries. Institutions like Aga Khan University, the Institute of Ismaili Studies, and several academic centers were founded under his leadership. These institutions continue to advance research, education, and community development. His commitment to fostering global dialogue and cultural understanding is reflected in the creation of iconic Ismaili Centers in cities such as London, Toronto, and Lisbon. These centers promote cultural exchange and social development. December 13 is celebrated by over 15 million Ismaili Muslims worldwide. The day is marked by prayers, cultural events, and charitable initiatives that reflect Prince Karim Aga Khan’s mission of community service and human development. In Afghanistan, home to a significant Ismaili population, celebrations include communal prayers, charity distributions, and cultural performances. Events held in mosques and cultural centers promote unity, social harmony, and collective well-being. Prince Karim Aga Khan has received more than 70 international honors, including the Grand Cross of Portugal, honorary degrees from leading universities, and invitations to address forums such as Canada’s Parliament and the United Nations. His work in cultural preservation includes landmark restoration projects such as Al-Azhar Park in Cairo, Baltit Fort in Pakistan, and sustainable housing developments in Central Asia. These efforts ensure that cultural heritage is preserved for future generations. The Ismaili Imams trace their lineage back to Imam Ali ibn Abi Talib, the first Shia Imam and son-in-law of Prophet Muhammad (PBUH). This historical heritage carries spiritual and social responsibility, a legacy that Prince Karim Aga Khan has embraced through visionary leadership. As the world celebrates his 88th birthday, Prince Karim Aga Khan’s lifelong dedication to humanitarian service, education, and cultural preservation continues to inspire global progress, peace, and shared prosperity. Save my name, email, and website in this browser for the next time I comment. Δ

Committed to carrying forward reform mission despite loss: PKAn Uxbridge manufacturing company, UCEL Inc., has been awarded almost $1.4 million by the Ontario government to help it expand its operations. The award was announced last week by Pickering-Uxbridge MPP and finance minister Peter Bethlenfalvy. An announcement by Bethlenfalvy’s office said the government award is in support of UCEL’s $10.8 million investment to boost local manufacturing and create 25 new jobs in Uxbridge. The funding is provided through the Regional Development Program’s Advanced Manufacturing and Innovation Competitiveness(AMIC) Stream. “UCEL Inc.’s investment will boost the local manufacturing sector and create more good-paying jobs for workers and families in Uxbridge,” Bethlenfalvy said. UCEL, which manufactures construction hoists and industrial elevators, plans to expand its operations and adopt new technologies that will offer new elevator system supporting solutions. The investment will also see UCEL bring additional manufacturing capabilities in-house, including work that is currently outsourced overseas.

Will make Andhra global knowledge hub, says CM Naidu

TORONTO , Dec. 5, 2024 /CNW/ - Franklin Templeton Canada today announced the final distributions, final net asset value (NAV) and net proceeds for Franklin International Multifactor Index ETF (FLDM), Franklin Global Dividend Quality Index ETF (FLGD) and Franklin Western Asset Core Plus Bond Fund - ETF series (FWCP). FLDM, FLGD and FWCP were voluntarily delisted from the Toronto Stock Exchange (TSX) as of market close on November 29, 2024 , and have been terminated at the close of business on December 4 , 2024. The ETF terminations were previously announced on September 25, 2024 . In preparation for the ETF terminations, Franklin Templeton Canada has converted FLDM, FLGD and FWCP's holdings to cash (in Canadian dollars), and the remaining assets — after paying or providing for the ETFs' liabilities and obligations —will be distributed to the ETFs' unitholders on a pro rata basis as detailed in the table below. Terminating Fund Ticker Final NAV Per Unit ($) Net Proceeds Per Unit ($) Franklin International Multifactor Index ETF FLDM 22.9363305 22.9363305 Franklin Global Dividend Quality Index ETF FLGD 29.7028696 29.7028696 Franklin Western Asset Core Plus Bond Fund - ETF series FWCP 17.378160 17.378160 Each fund's unitholders of record as of December 3, 2024 , will receive the final cash distribution (in Canadian dollars) as detailed in the table below. These final distributions replace the estimated distributions provided on November 26, 2024 . Terminating Fund Ticker Income Distribution Per Unit ($) Capital Gain Distribution Per Unit ($) Total Cash Distribution Per Unit ($) Franklin International Multifactor Index ETF FLDM 0.558212 - 0.558212 Franklin Global Dividend Quality Index ETF FLGD - - - Franklin Western Asset Core Plus Bond Fund - ETF series FWCP - - - About Franklin Templeton Franklin Resources, Inc. BEN is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. In Canada, the company's subsidiary is Franklin Templeton Investments Corp., which operates as Franklin Templeton Canada . Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California -based company has over 75 years of investment experience and over US$1.6 trillion (over CAN$2.2 trillion) in assets under management as of November 30, 2024 . For more information, please visit franklintempleton.ca and connect with Franklin Templeton on LinkedIn , X and Facebook . Commissions, management fees and expenses all may be associated with investments in ETFs and ETF series. Investors should carefully consider an ETF's and ETF series' investment objectives and strategies, risks, fees and expenses before investing. The prospectus and ETF facts contain this and other information. Please read the prospectus and ETF facts carefully before investing. ETFs and ETF series trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF and ETF series expenses will reduce returns. ETFs and ETF series are not guaranteed, their values change frequently, and past performance may not be repeated. Copyright © 2024. Franklin Templeton. All rights reserved. SOURCE Franklin Templeton Investments Corp. View original content: http://www.newswire.ca/en/releases/archive/December2024/05/c1951.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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