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SEACOR Holdings Inc (CKH)

CKH on New York Consolidated

42.31USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

SEACOR and Genesee & Wyoming form joint venture to own and operate CG Railway
Tuesday, 5 Sep 2017 06:30am EDT 

Sept 5 (Reuters) - Seacor Holdings Inc :SEACOR and Genesee & Wyoming form joint venture to own and operate rail ferry service, CG Railway, between the U.S. and Mexico.SEACOR Holdings Inc - terms of joint venture were not disclosed..SEACOR Holdings Inc - formation of a 50/50 joint venture to own and operate CG Railway, LLC (CGR), a subsidiary of SEACOR.  Full Article

Seacor Holdings Q2 earnings per share $0.63
Thursday, 3 Aug 2017 05:58pm EDT 

Aug 3 (Reuters) - Seacor Holdings Inc ::Seacor Holdings announces results of operations for its second quarter ended june 30, 2017 and provides an update on recent events and transactions.Q2 loss per share $0.39 from continuing operations.Q2 earnings per share $0.63.Qtrly operating revenues $ 115.8 million versus. $99.6 million.  Full Article

Seacor Holdings says on July 3, International Shipholding emerged from bankruptcy
Monday, 10 Jul 2017 05:28pm EDT 

July 10 (Reuters) - Seacor Holdings Inc ::Seacor Holdings says on July 3, International Shipholding Corp emerged from bankruptcy pursuant to its chapter 11 plan of reorganization - sec filing.  Full Article

Pacific Ethanol to acquire Illinois Corn Processing
Tuesday, 27 Jun 2017 07:30am EDT 

June 27 (Reuters) - Pacific Ethanol Inc ::Pacific Ethanol to acquire Illinois Corn Processing.Pacific Ethanol Inc - deal for $76 million.Pacific Ethanol Inc - deal includes $15 million in working capital.Pacific Ethanol Inc - deal consolidates additional production in Pekin, Illinois with a combined 250 million gallons of production.Says transaction immediately accretive to earnings.Pacific Ethanol Inc - expect acquisition will yield approximately $3 million in annual cost savings over first six to twelve months after closing.Pacific Ethanol - of $76 million purchase price, $30 million will be paid in cash and $46 million will be paid through non-amortizing secured promissory notes.Says ‍currently engaged in negotiations with cobank to secure a long-term financing vehicle​.Pacific ethanol inc - intends to refinance seller notes in near future.Pacific Ethanol -entered into agreement to issue additional senior secured notes and amend existing notes to increase amount by about $14 million.Pacific Ethanol Inc - have a commitment from Wells Fargo bank to expand borrowing capacity on Kinergy line of credit facility from $85 million to $100 million.Pacific Ethanol says ‍have commitment from Wells Fargo Bank to expand borrowing capacity on Kinergy line of credit facility from $85 million to $100 million​.Pacific Ethanol - co to acquire Illinois Corn Processing, llc from Illinois Processing ., a unit of Seacor Holdings Inc., and MGPI Processing.  Full Article

Seacor announces adjustment to conversion rate of convertible senior notes
Monday, 19 Jun 2017 04:29pm EDT 

June 19 (Reuters) - Seacor Holdings Inc :Seacor announces adjustment to the conversion rate of its 2.50% convertible senior notes due 2027 and its 3.00% convertible senior notes due 2028.Seacor Holdings - conversion rate for notes due 2027 was adjusted to 18.4176 from 12.0015 shares of stock per $1,000 principal amount of notes due 2027.Seacor Holdings - conversion rate on notes due 2028 was adjusted to 12.1789 from 7.9362 shares of co's stock per $1,000 principal amount of notes due 2028.  Full Article

International Shipholding to emerge from bankruptcy as a subsidiary of Seacor Holdings
Thursday, 1 Jun 2017 08:11pm EDT 

June 1 (Reuters) - Seacor Holdings Inc :International Shipholding Corporation advances towards emergence from bankruptcy as a subsidiary of Seacor Holdings Inc.International Shipholding Corp - company will emerge from bankruptcy as a subsidiary of Seacor Holdings Inc.  Full Article

Seacor Holdings enters into several agreements with Seacor Marine
Friday, 12 May 2017 07:10am EDT 

May 12 (Reuters) - Seacor Holdings Inc : :Seacor Holdings Inc says on May 10, 2017, in connection with spin-off, seacor entered into several agreements with Seacor Marine .Seacor Holdings Inc - in connection with spin-off, andrew R. Morse, R. Christopher Regan resigned from board of co, joined board of Seacor Marine.Seacor Holdings Inc - board of co decreased size of board from seven directors to five directors.Seacor Holdings Inc - in connection with spin-off, matthew R. Cenac, chief financial officer of Seacor tendered his resignation.Seacor Holdings Inc - Seacor Marine expects to pay co an aggregate monthly fee of $555,000 for services provided under transition services agreement.Seacor Holdings - Seacor Marine expects co to pay it monthly fee of $30,000 for services provided under Seacor marine transition services agreement.  Full Article

Seacor Holdings Q1 EPS $0.24
Tuesday, 9 May 2017 06:41am EDT 

May 9 (Reuters) - Seacor Holdings Inc :Seacor holdings announces results for its first quarter ended march 31, 2017.Q1 earnings per share $0.24.Qtrly operating revenues $190.4 million versus $213.9 million.  Full Article

KOTUG and SEABULK win Bahamas contract
Tuesday, 4 Apr 2017 05:02pm EDT 

Seacor Holdings Inc : KOTUG and Seabulk awarded contract at Bahamas . KOTUG International BV - co and Seabulk Towing, Inc have been awarded a contract with Borco Towing Company Limited, a unit of Buckeye Partners, L.P. . KOTUG International BV - contract to carry out all towage operations at Buckeye Bahamas hub in Bahamas .KOTUG International BV - contract will be performed through a newly formed joint venture between KOTUG and Seabulk: Kotug Seabulk Maritime Llc.  Full Article

Seacor holdings Q4 loss per share $5.52
Wednesday, 29 Mar 2017 05:07am EDT 

Seacor Holdings Inc : Q4 loss per share $5.52 . Seacor holdings inc qtrly operating revenues $213 million versus $250.6 million Source - (http://bit.ly/2o6iUJH) Further company coverage: [CKH.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-Genesee & Wyoming and Seacor form joint venture

* Genesee & Wyoming and Seacor form joint venture to own and operate rail ferry service, CG railway, between the U.S. and Mexico