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12.03.26 - 22:18
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Transcontinental Realty Investors, Inc. Reports Earnings for Quarter Ended December 31, 2025 (Business Wire)
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DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended December 31, 2025. For the three months ended December 31, 2025, we reported net income attributable to common shares of $8.3 million or $0.97 per diluted share, compared to $0.1 million or $0.01 per diluted share for the same period in 2024.
Financial Highlights
Total stabilized occupancy was 81% at December 31, 2025, which includes 93% at our multifamily properties and 59% at our commercial properties. Stabilized occupancy excludes Alera, Bandera Ridge and Merano, which are currently in lease-up.
On October 10, 2025, we sold Villas at Bon Secour, a 200 unit multifamily property in Gulf Shores, Alabama, for $28.0 million, which resulted in a gain on sale of $12.2 million. We used the proceeds from the sale to pay off the $18.8 million loan on the property and for general corporate purposes.
Financial Results
Revenues increased $0.3 million from 11.8 million for the...
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11.03.26 - 02:18
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TC Transcontinental′s Board of Directors authorizes a special distribution related to the sale of its packaging sector (GlobeNewswire EN)
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MONTREAL, March 10, 2026 (GLOBE NEWSWIRE) -- Transcontinental Inc. (TSX: TCL.A TCL.B) ("TC Transcontinental" or the "Corporation") is pleased to announce that, in connection with the closing of the sale of the Corporation's Packaging Sector to ProAmpac Holdings Inc. and certain of its subsidiaries, as previously announced on March 6, 2026, the Board of Directors of the Corporation has authorized a special cash distribution of $20.00 (the “Distribution”) per Class A Subordinate Voting Share (the "Class A Shares") and Class B Share (the "Class B Shares"), to be effected by: (i) a reduction of stated capital of approximately $7.00 per Class A Share, and (ii) a cash dividend for the balance of the Distribution. The Distribution will be payable on Friday, March 20, 2026 (the “Payment Date”), to shareholders of record holding Class A Shares and Class B Shares as of March 18, 2026 (the “Record Date”)....
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09.03.26 - 21:21
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Williams′ Transco Commences Registered Exchange Offer for Its 5.100% Senior Notes Due 2036 and 5.750% Senior Notes Due 2056 (Business Wire)
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TULSA, Okla.--(BUSINESS WIRE)--Transcontinental Gas Pipe Line Company, LLC (“Transco”), a wholly owned subsidiary of The Williams Companies, Inc. (“Williams”) (NYSE: WMB), announced today that it has commenced an offer to exchange any and all of its $1.0 billion in aggregate principal amount of outstanding 5.100 percent Senior Notes due 2036 (the “Original 2036 Notes”) and $700 million in aggregate principal amount of outstanding 5.750 percent Senior Notes due 2056 (the “Original 2056 Notes” and, together with the Original 2036 Notes, the “Original Notes”) for an equal amount of the applicable series of its registered 5.100 percent Senior Notes due 2036 (the “2036 Exchange Notes”) and 5.750 percent Senior Notes due 2056 (the “2056 Exchange Notes” and, together with the 2036 Exchange Notes, the “Exchange Notes”).
The terms of the Exchange Notes are identical in all material respects to those of the applicable series of the Original Notes, except that the Exchange Notes have ...
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06.03.26 - 22:30
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ProAmpac Completes Acquisition of TC Transcontinental Packaging (Business Wire)
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CINCINNATI--(BUSINESS WIRE)--ProAmpac, a global innovator in flexible packaging and material science, today announced the completion of its acquisition of TC Transcontinental Packaging (“TCP”) from TC Transcontinental (TSX: TCL.A TCL.B), a North American flexible packaging solutions provider. This acquisition achieves a pivotal milestone in ProAmpac's long-term growth strategy, uniting TCP's advanced capabilities and global manufacturing footprint with ProAmpac's leadership in sustainability, speed to market, and material science to address customers' evolving packaging needs.
“Today marks an exciting new chapter for ProAmpac, and we are proud to welcome TCP as an official member of the ProAmpac family,” said Greg Tucker, ProAmpac founder, vice chairman, and chief executive officer. “Our organizations share a strong alignment in values, customer commitment, and a culture rooted in innovation and operational excellence. As we integrate TCP's advanced packaging technologies and talented team ...
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25.02.26 - 15:18
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ProAmpac Holdings Inc.′s Acquisition of the Packaging Business of TC Transcontinental Update (GlobeNewswire EN)
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MONTRÉAL, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Transcontinental Inc. (“TC Transcontinental”) (TSX: TCL.A, TCL.B) announces that, in connection with the proposed acquisition by ProAmpac Holdings Inc. of all of the issued and outstanding shares of the share capital of the entities which carry on the business of TC Transcontinental's Packaging Sector (the “Transaction”), the waiting periods under the Competition Act (Canada) and the Hart-Scott Rodino Antitrust Improvements Act of 1976 (U.S.A.), as amended, have either expired or been terminated....
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02.02.26 - 22:33
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TC Transcontinental Shareholders Approve Sale of Packaging Business (GlobeNewswire EN)
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MONTREAL, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Transcontinental Inc. (“TC Transcontinental”) (TSX: TCL.A, TCL.B) announces that its shareholders approved the sale of the TC Transcontinental Packaging business to ProAmpac Holdings Inc. (“ProAmpac”) at the Special Meeting of Shareholders held earlier today. This approval follows the execution of the stock purchase agreement between TC Transcontinental and ProAmpac on December 7, 2025, and announced on December 8, 2025, pursuant to which ProAmpac agreed to purchase, directly or indirectly, all of the issued and outstanding shares of the share capital of each of the entities which carry on the business of TC Transcontinental's Packaging Sector....
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02.02.26 - 01:57
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Isaacman: NASA Aims To Build ′Martian Outpost′ On Mars With Nuclear Propulsion (ZeroHedge)
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Isaacman: NASA Aims To Build 'Martian Outpost' On Mars With Nuclear Propulsion
Authored by T.J. Muscaro via The Epoch Times (emphasis ours),
NASA Administrator Jared Isaacman announced his agency's commitment to developing a nuclear propulsion system for missions to Mars within the next three years.
NASA Administrator Jared Isaacman (L) speaks at a press conference at Kennedy Space Center, Florida, on Jan. 17, 2026. (T.J. Muscaro/The Epoch Times).
“Before the end of @POTUS' term, @NASA will lay the foundation of a 'transcontinental railroad' to Mars,” Isaacman wrote on X on Jan. 30. “By utilizing nuclear electric propulsion, our nation will have the tools necessary to establish a Martian outpost and maintain American superiority in deep space.”
The administrator shared a clip from a Jan. 30 appearance on Fox News in which he explained that while NASA continues its work to put boots back on the moon, it will also launch its first nuclear power and propulsion rocket by the end of P...
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27.01.26 - 13:51
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Union Pacific Reports Fourth Quarter and Full Year 2025 Results (Business Wire)
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Fourth quarter diluted earnings per share (EPS) of $3.11 and adjusted diluted EPS* of $2.86
Fourth quarter operating ratio (OR) of 60.5% and adjusted OR* of 60.0%
Full year diluted EPS of $11.98 and adjusted diluted EPS* of $11.66
Full year OR of 59.8% and adjusted OR* of 59.3%
Full year return on invested capital* of 16.3%
OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) today reported 2025 fourth quarter and full year results. "We had a record-breaking year and delivered best-ever safety, service, and operating results in 2025," said Jim Vena, Union Pacific Chief Executive Officer. "Our 2025 reported net income grew 6%, earnings per share increased 8%, and we improved our operating ratio. While we work through the regulatory process to create America's first transcontinental railroad, our team is focused on driving further safety, service, and operating improvements to support growth."
Reported 2025 fourth quarter net income was $1.8 billion and diluted EPS was $3...
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15.01.26 - 15:21
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Union Pacific Shares Vision, Sets Record Straight at Midwest Association of Rail Shippers Winter Meeting (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) today met with customers at the winter meeting of the Midwest Association of Rail Shippers (MARS) to discuss the benefits of the company's proposed merger with Norfolk Southern and respond to misinformation from opponents.
Last month, Union Pacific and Norfolk Southern submitted their application to the Surface Transportation Board seeking approval to create America's first transcontinental railroad. The filing, which includes extensive analysis from independent experts, demonstrates in detail how a seamless coast-to-coast railroad will provide faster service, greater reliability and a lower cost structure.
The application included a record-setting 2,000 letters of support from customers, public officials, industry associations and unions, demonstrating broad support.
Union Pacific said the MARS meeting provided a welcome opportunity to correct misinformation spread by opponents.
“We knew our competitors would oppose the merger, and we un...
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