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HERITAGE GLOBAL INC - HGBL STOCK NEWS

Welcome to our dedicated news page for HERITAGE GLOBAL (Ticker: HGBL), a resource for investors and traders seeking the latest updates and insights on HERITAGE GLOBAL.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HERITAGE GLOBAL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HERITAGE GLOBAL's position in the market.

Rhea-AI Summary

Heritage Global Partners, a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), will conduct an online auction of solar assets featuring ~8.8MW of solar panels, trucks, trailers, hardware, racking, inverters, and intellectual property. The auction will run from April 30 to May 1, 2024, presenting a unique opportunity for buyers across various industries. Assets originate from Sunworks, Inc., Solcius, , Commercial Solar Energy Inc., and Sunworks United Inc.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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Rhea-AI Summary
Heritage Global Inc. (NASDAQ: HGBL) will release its first quarter 2024 financial results on May 9, 2024, and host a webcast and conference call to discuss the results. Analysts and investors can participate via conference call or webcast. A replay will be available on the company's website.
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-0.79%
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Rhea-AI Summary
Heritage Global Inc. is set to participate in the Planet MicroCap Showcase: VEGAS 2024 at the Paris Hotel & Casino in Las Vegas. The CEO will lead a Q&A session offering insights into the company's vision and strategies. Investors can engage with the company's leadership in one-on-one meetings. The event aims to showcase Heritage Global's strengths and unique positioning in the market.
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Heritage Global, Inc. (NASDAQ: HGBL) will participate in The LD Micro Invitational XIV to engage with investors and showcase its strengths. CEO Ross Dove will present at 8:30am ET on April 9, 2024, emphasizing the company's strategic initiatives.
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End-of-Day
-2.18%
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Rhea-AI Summary
Heritage Global Inc. (NASDAQ: HGBL) reports a full year growth of 83% in operating income for 2023. The company achieved operating income of $14.3 million for the year, with net income of $12.5 million. EBITDA and Adjusted EBITDA also showed significant increases. CEO Ross Dove highlighted the success in the Financial Asset and Industrial divisions, attributing the growth to macro-economic trends. The company's strong balance sheet and stock repurchase program demonstrate financial stability and shareholder value.
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-2%
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Rhea-AI Summary
Planet MicroCap announces the release of Winter/Spring 2024 Issue of Planet MicroCap Review Magazine featuring profiles on public MicroCap companies and articles from industry experts.
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-0.34%
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Rhea-AI Summary
Heritage Global Inc. (NASDAQ: HGBL) announces the release of its fourth quarter and year-end 2023 financial results, with a webcast and conference call scheduled for March 14, 2024, to discuss the results. Analysts and investors can participate via phone or web browser, with a replay available on the company's website.
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4.36%
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Rhea-AI Summary
Heritage Global, Inc. (NASDAQ: HGBL) will participate in The Microcap Conference on January 31 and February 1, 2024, at Caesars Atlantic City Hotel & Casino, New Jersey. CEO Ross Dove will present the company's vision and strategies, emphasizing transparency and growth. Interested parties can register to attend the conference.
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Rhea-AI Sentiment
End-of-Day
2.41%
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Rhea-AI Summary
Heritage Global, Inc. (NASDAQ: HGBL) announced that its CEO will be presenting at the upcoming Sequire Investor Summit 2024, offering opportunities for funds, companies, and investors. The event is scheduled for January 23-25, 2024, in San Juan, Puerto Rico.
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Rhea-AI Sentiment
End-of-Day
2.85%
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Heritage Global Partners (HGP) and partners acquire a state-of-the-art pharmaceutical plant in Fenton, Missouri, previously owned by Alkem Laboratories. The facility is equipped to manufacture and package tablets, capsules, semi-solids, and liquids, with a stated capacity of 265 million compressed tablets/capsules per annum, 35 million units of semi-solids per annum, and 1.3 million liquid units. The facility is located in a prime area near STL airport and all major highways. HGP plans to find a pharmaceutical user-operator to continue operations at the site and take advantage of the plug and play nature of the offering.
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HERITAGE GLOBAL INC

Nasdaq:HGBL

HGBL Rankings

HGBL Stock Data

90.35M
27.98M
16.08%
33.67%
0.17%
Wired Telecommunications Carriers
Information
Link
United States of America
SAN DIEGO

About HGBL

heritage global inc. (“hg”) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. this aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, account receivable portfolios, and intellectual property through its two business units: industrial assets and financial assets. industrial assets defined through three revenue streams: • hgp is a full-service auction, liquidation and asset advisory firm which holds a prominent spot in the industrial sector globally • hgv specializes in the valuation of commercial & industrial assets including inventories, mach