Browsing Tag
Georgia
106 posts
ABF is below its 52-week high as Primark tests whether Georgia can become another US cluster
Primark plans two Georgia openings as its US network reaches 48 stores, testing whether low-price physical retail can scale despite weak consumer demand.
Why Republic National Distributing is cutting 558 Georgia jobs after Chapter 11 filing
Republic National Distributing Company is eliminating 558 Georgia positions by October 19 as its Chapter 11 process moves from asset sales toward an orderly wind-down of operations that have not found buyers, exposing how quickly a once-national distribution network has contracted.
Georgia Capital clears final US$50m bond as debt-free holding company starts GEL 1bn capital programme
Georgia Capital is eliminating its final US$50 million holding-company bond while launching a GEL 1 billion programme spanning buybacks, dividends and new investment.
Duos Technologies’ $500m AI contracts turn 55 MW buildout into an execution test
Duos Technologies signs $500 million of Axe Compute AI hosting deals, but 55 MW of construction, financing and acceptance make execution the real $DUOT test.
CubeSmart (NYSE: CUBE) lifts 2026 outlook as same-store NOI still falls 0.7% and payout ratio rises
CubeSmart raised 2026 guidance and formed a $197M Heitman JV, but same-store NOI still fell 0.7% and the FFO payout ratio climbed to 84.1% from 80.0%.
Apalachee High School shooter gets life without parole after teenage survivors confront him in court
Apalachee High School survivors confronted Colt Gray before a Georgia judge sentenced the teenage shooter to life without parole
MetroCity Bankshares (MCBS) profit rises 31.5%, but shrinking loans test First IC growth story
MetroCity Bankshares delivered stronger margins and year-on-year earnings growth after acquiring First IC Corporation, although falling loans, deposits and average earning assets make organic momentum the next test for MCBS investors.
Parsons wins $33m NYSDOT contract for statewide intelligent transportation system
Parsons’ $33 million NYSDOT contract strengthens PSN’s smart mobility story with statewide traffic software and signal modernization.
CleanSpark stock (NASDAQ: CLSK) rises 8.8%: Can its big lease deliver?
CleanSpark signed a 20-year infrastructure lease worth an expected US$6.6 billion, but $CLSK surrendered most of its early 22% surge. Financing, construction costs and the 2027 revenue start now become the critical tests.
Rivian (RIVN) falls 18% as $1.2bn share sale tests R2 funding case
Rivian fell 18% after pricing a 75m share sale at US$15.50. July results must prove R2 demand can outrun dilution and cash burn.