Stocks to Watch: Lifeway Foods, Hawaiian Electric Industries, Educational Development

Dow Jones

24 Sep 2024

By Connor Hart

Lifeway Foods received an acquisition offer from Danone, who said it will pay about $283.4 million to buy all of the outstanding shares of the company that it doesn't already own. The Paris-based food and beverage company owns about 3.45 million shares of Lifeway, representing about 23% of the Illinois-based food manufacturer's 14.8 million outstanding shares as of Aug. 6. It offered to buy all outstanding shares of Lifeway that it didn't already own for $25 each. Shares rise 16%, to $24.92, in Monday after-hours trading.

Hawaiian Electric Industries plans to offer $500 million in common stock in a public offering. Proceeds from the offering are expected to fund the company's contribution to an expected Maui wildfire tort litigation settlement, as well as for general corporate purposes, the utility said. Shares fall 9.6% to $9.85, in postmarket trading.

Educational Development completed a sale and leaseback deal for its headquarters and distribution warehouse in Tulsa, Okla. The publisher and maker of education toys and games said proceeds from the sale will be used to pay off term loans and a revolving loan in credit agreement with its bank. It signed a 15-year lease for the facility. Shares gain 24%, to $2.50, in after-hours trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

September 23, 2024 19:24 ET (23:24 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2469177109"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2469177109\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2469177109?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-24 07:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2469177109","market":"sh","top_or_hot":-1,"title":"Stocks to Watch: Lifeway Foods, Hawaiian Electric Industries, Educational Development","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Lifeway Foods received an acquisition offer from Danone, who said it will pay about $283.4 million to buy all of the outstanding shares of the company that it doesn't already own. The Paris-based food and beverage company owns about 3.45 million shares of Lifeway, representing about 23% of the Illinois-based food manufacturer's 14.8 million outstanding shares as of Aug. 6. It offered to buy all outstanding shares of Lifeway that it didn't already own for $25 each. Shares rise 16%, to $24.92, in Monday after-hours trading. \n</p>\n<p>\n  Hawaiian Electric Industries plans to offer $500 million in common stock in a public offering. Proceeds from the offering are expected to fund the company's contribution to an expected Maui wildfire tort litigation settlement, as well as for general corporate purposes, the utility said. Shares fall 9.6% to $9.85, in postmarket trading. \n</p>\n<p>\n  Educational Development completed a sale and leaseback deal for its headquarters and distribution warehouse in Tulsa, Okla. The publisher and maker of education toys and games said proceeds from the sale will be used to pay off term loans and a revolving loan in credit agreement with its bank. It signed a 15-year lease for the facility. Shares gain 24%, to $2.50, in after-hours trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 23, 2024 19:24 ET (23:24 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks to Watch: Lifeway Foods, Hawaiian Electric Industries, Educational Development</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks to Watch: Lifeway Foods, Hawaiian Electric Industries, Educational Development\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-24 07:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Lifeway Foods received an acquisition offer from Danone, who said it will pay about $283.4 million to buy all of the outstanding shares of the company that it doesn't already own. The Paris-based food and beverage company owns about 3.45 million shares of Lifeway, representing about 23% of the Illinois-based food manufacturer's 14.8 million outstanding shares as of Aug. 6. It offered to buy all outstanding shares of Lifeway that it didn't already own for $25 each. Shares rise 16%, to $24.92, in Monday after-hours trading. \n</p>\n<p>\n  Hawaiian Electric Industries plans to offer $500 million in common stock in a public offering. Proceeds from the offering are expected to fund the company's contribution to an expected Maui wildfire tort litigation settlement, as well as for general corporate purposes, the utility said. Shares fall 9.6% to $9.85, in postmarket trading. \n</p>\n<p>\n  Educational Development completed a sale and leaseback deal for its headquarters and distribution warehouse in Tulsa, Okla. The publisher and maker of education toys and games said proceeds from the sale will be used to pay off term loans and a revolving loan in credit agreement with its bank. It signed a 15-year lease for the facility. Shares gain 24%, to $2.50, in after-hours trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 23, 2024 19:24 ET (23:24 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2469177109","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2469177109","pubTimestamp":1727133840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Lifeway Foods received an acquisition offer from Danone, who said it will pay about $283.4 million to buy all of the outstanding shares of the company that it doesn't already own. The Paris-based food and beverage company owns about 3.45 million shares of Lifeway, representing about 23% of the Illinois-based food manufacturer's 14.8 million outstanding shares as of Aug. 6. It offered to buy all outstanding shares of Lifeway that it didn't already own for $25 each. Shares rise 16%, to $24.92, in Monday after-hours trading.Hawaiian Electric Industries plans to offer $500 million in common stock in a public offering. Proceeds from the offering are expected to fund the company's contribution to an expected Maui wildfire tort litigation settlement, as well as for general corporate purposes, the utility said. Shares fall 9.6% to $9.85, in postmarket trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","HE":"夏威夷电力","LWAY":"来福威食品","BK4081":"电力公用事业","EDUC":"EDC Publishing","BK4159":"经销商"},"translate_title":"值得关注的股票：Lifeway Foods、夏威夷电力工业、教育发展","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LWAY":1,"EDUC":0.9,"HE":0.9},"content_text":"By Connor Hart \n\n\n \n\n\n  Lifeway Foods received an acquisition offer from Danone, who said it will pay about $283.4 million to buy all of the outstanding shares of the company that it doesn't already own. The Paris-based food and beverage company owns about 3.45 million shares of Lifeway, representing about 23% of the Illinois-based food manufacturer's 14.8 million outstanding shares as of Aug. 6. It offered to buy all outstanding shares of Lifeway that it didn't already own for $25 each. Shares rise 16%, to $24.92, in Monday after-hours trading. \n\n\n  Hawaiian Electric Industries plans to offer $500 million in common stock in a public offering. Proceeds from the offering are expected to fund the company's contribution to an expected Maui wildfire tort litigation settlement, as well as for general corporate purposes, the utility said. Shares fall 9.6% to $9.85, in postmarket trading. \n\n\n  Educational Development completed a sale and leaseback deal for its headquarters and distribution warehouse in Tulsa, Okla. The publisher and maker of education toys and games said proceeds from the sale will be used to pay off term loans and a revolving loan in credit agreement with its bank. It signed a 15-year lease for the facility. Shares gain 24%, to $2.50, in after-hours trading. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 23, 2024 19:24 ET (23:24 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}