CHEYENNE — Two Laramie County lawmakers have filed legislation to potentially save the Wyoming Business Council after the agency’s funding was cut from the proposed state budget.
Pro Medicus interim results impress with record revenue, surging profits, and strong new contract wins.The post Pro Medicus interim earnings surge on record profits appeared first on The Motley Fool Australia.
The ownership structure of Italian luxury yacht manufacturer Ferretti Group has recently seen developments. On January 19, Czech investment group KKCG Maritime proposed a voluntary tender offer, aiming to invest up to €182 million to raise its stake in Ferretti from approximately 15.4% to 29.9%—just below the 30% threshold that would trigger a mandatory takeover [...]
RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the "Fund”) declared a $0.19 per share cash distribution payable on March 24, 2026 to common shareholders of record on March 17, 2026. This is a 20% increase from $0.16 per share, bringing the annualized distribution rate to $0.76 from $0.64 per share.The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies.Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. If necessary, the Fund pays an adjusting distribution in December, which includes any additional income and net realized capital gains in excess of the quarterly distributions. The Fund’s distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and with income that exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.Long-term capital gains, qualified dividend income, investment company taxable income and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, the current distribution paid in 2026 to common shareholders with respect to the Fund’s fiscal year ending September 30, 2026 would include approximately 4% from net investment income and 96% from net capital gains on a book basis. This information does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website. The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:Bethany Uhlein(914) 921-5546About Ellsworth Growth and Income Fund Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $213 million in total net assets. ECF invests primarily in convertible securities and common stock with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).NYSE American: ECFCUSIP - 289074106Investor Relations Contact: Bethany Uhlein914.921.5546buhlein@gabelli.com
Brokers think that earnings for this defensive healthcare stock could exceed 20%.The post Buy this $11 billion ASX share for healthy growth and income appeared first on The Motley Fool Australia.
RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the "Fund”) declared a $0.12 per share cash distribution payable on March 24, 2026 to common stock shareholders of record on March 17, 2026.The Fund intends to pay a minimum annual distribution of 8% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year. The net asset value per share fluctuates daily.Each quarter, the Board of Directors reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Directors will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. The Fund’s distribution policy is subject to modification by the Board of Directors at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, the current distribution paid in 2026 to common shareholders with respect to the Fund’s fiscal year ending September 30, 2026 would include approximately 4% from net investment income, 20% from net capital gains and 76% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:Bethany Uhlein (914) 921-5546About Gabelli Convertible and Income Securities Fund The Gabelli Convertible and Income Securities Fund Inc. is a diversified, closed-end management investment company with $95 million in total net assets whose primary investment objective is to seek a high level of total return on its assets through a combination of current income and capital appreciation. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).NYSE: GCV CUSIP - 36240B109Investor Relations Contact:Bethany Uhlein(914) 921-5546buhlein@gabelli.com
The city is nearing a significant milestone for the North End sewage treatment plant.The first phase of the more than $3 billion project is months away from being completed as the finishing touches are being put on the new Headworks facility.
Sonoro Energy Ltd. (CVE:SNV – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 509710 shares trading hands. The stock had previously closed at C$0.05. Sonoro Energy Price Performance The business has a fifty day moving average [...]
Shares of AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Free Report) saw strong trading volume on Wednesday . 33,010 shares were traded during trading, an increase of 684% from the previous session’s volume of 4,211 shares.The stock last traded at $4.75 and had previously closed at $4.63. AAC Technologies Stock Performance The company has a [...]
McGraw Hill (NYSE:MH – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.05 by $0.23, Zacks reports. McGraw Hill Stock Performance Shares of NYSE MH traded down $0.66 during mid-day trading on Wednesday, reaching $12.34. The company had a trading [...]
HONG KONG SAR - Media OutReach Newswire - 11 February 2026 - HGC Global Communications ("HGC" or "the Group") a fully-fledged network operator with extensive global coverage and ICT solution provider, has appointed Cliff Tam as Chief Commercial Officer - International Business, effective immediately.
Northern Star Resources does not expect to produce from its Hemi deposit in the Pilbara until the early 2030s, as approvals drag on for the lucrative gold project.