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Post Holdings, Inc.: Post Holdings Reports Results for the Second Quarter of Fiscal Year 2021 Highlights: Operating profit of $145.1 million; net earnings of $109.9 million; Adjusted EBITDA of $263.8 million Second half fiscal year 2021 Adjusted EBITDA (non-GAAP) expected to range between $590-$620 million Basis of Presentation On October 21, 2019, the initial public offering of a minority interest in the BellRing Brands business (the BellRing IPO ), Post s historical active nutrition business, was completed. Post fully consolidates the results of BellRing Brands, Inc. ( BellRing ) and its subsidiaries within Post s financial statements and effective October 21, 2019 allocates 28.8% of BellRing s consolidated net earnings/loss and net assets to noncontrolling interest within Post s financial statements. ....
Author Bio Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. ....
Is This the New SPAC Trend of the Future? fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Julian Klymochko, the CEO and founder of Accelerate, joined Benzinga s SPACs Attack YouTube show to discuss the concept of SPAC arbitrage and a look at the SPAC market. About Julian Klymochko, Accelerate: Klymochko worked at Ross Smith Asset Management, BMO Capital. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: ....
Post Holdings eyes acquisition targets after forming $400M SPAC - St. Louis Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.