STOCK TITAN

SP Plus Corp - SP STOCK NEWS

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

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 SP Plus'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 SP Plus's position in the market.

Rhea-AI Summary
SP Plus , listed as SP on Nasdaq, has partnered with the City of Jackson, Mississippi to upgrade the on-street parking system. The partnership aims to modernize and streamline parking services with new kiosks, payment methods, and enforcement technology, enhancing convenience and accessibility for residents and visitors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
-
Rhea-AI Summary
SP Plus partners with Brightline to launch Bags® branded technology at the new Orlando station, offering luggage handling services and baggage tracking for passengers traveling between Orlando and Miami.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
none
-
Rhea-AI Summary
SP+ (SP) announces the management of parking and shuttle operations at Des Moines International Airport, amidst record growth and expansion plans. The partnership aims to enhance customer experience through innovative technology solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
none
Rhea-AI Summary
SP+ (SP) announces complimentary Bags Remote Airline Check-in and Bag Drop services at Harry Reid International Airport in Las Vegas, enhancing customer experience and operational efficiencies. The service covers multiple airlines, allowing customers to check-in, obtain boarding passes, and drop luggage at convenient locations, bypassing ticket counter lines and saving time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
-
Rhea-AI Summary
TriplePoint Venture Growth BDC Corp. achieved a net investment income of $2.07 per share for fiscal year 2023, with a 15.6% portfolio yield on debt investments for the fourth quarter and 15.4% for the fiscal year. The company declared a first quarter 2024 distribution of $0.40 per share. Highlights include funding debt investments, loan principal prepayments, and achieving a 15.6% weighted average annualized portfolio yield on debt investments for the quarter. The company raised net proceeds under the at-the-market equity offering program, with a net asset value of $9.21 per share as of December 31, 2023. Fiscal year 2023 saw net investment income of $2.07 per share, total investment income of $137.5 million, and signed term sheets with venture growth stage companies. The company's credit quality, liquidity, and capital resources were also detailed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
-
Rhea-AI Summary
SP+ Corporation reports record 2023 gross profit performance with double-digit growth in Commercial and Aviation segments. Stockholders approve merger with Metropolis Technologies. Financial highlights include increased revenue, gross profit, and adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
Rhea-AI Summary
SP Plus Corporation (SP) announced stockholder approval for the Agreement and Plan of Merger with Metropolis Technologies, Inc. Stockholders voted in favor of the Merger Agreement, with 99.94% approval. The Merger Agreement entails SP+ merging with Metropolis, with SP+ surviving as a wholly owned subsidiary. Stockholders will receive $54.00 per share in cash at the Merger's closing. The Merger is subject to certain closing conditions, including DOJ review under the HSR Act.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
-
Rhea-AI Summary
SP+ Corporation (SP) has implemented its Sphere™ technology platform at Miami Valley Hospital, Dayton, Ohio, to manage parking facilities with digital ticketing and license plate recognition, enhancing efficiency and convenience for patients, staff, and visitors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
-
Rhea-AI Summary
SP+ Corporation (SP) has been recognized by Forbes as one of America’s Most Successful Small-Cap Companies for 2024. Forbes used data from FactSet to compile its annual list of 389 companies with a market value between $300 million and $2 billion, positive sales growth over the past 12 months, and a share price of at least five dollars. SP+ Chairman and CEO, Marc Baumann, expressed appreciation for the recognition, attributing it to the company's commitment to delivering industry-leading technology in the mobility services sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
Rhea-AI Summary
SP+ Corporation (SP) has announced an agreement to operate, manage, and maintain the University of Akron’s parking system at the main campus in Akron, Ohio. The 35-year parking monetization agreement, structured as a tax-exempt bond transaction, has generated an up-front payment of $55 million for the University, with ongoing revenue of approximately $75 million over the term. The investment in campus parking facilities, operations, and technology will provide an improved overall customer experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
SP Plus Corp

Nasdaq:SP

SP Rankings

SP Stock Data

1.03B
17.47M
3.02%
95.46%
6.58%
Parking Lots and Garages
Other Services (except Public Administration)
Link
US
Chicago

About SP

as an industry leader, sp plus corporation (nasdaq:sp) provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in a wide array of markets. through our sp+ parking, standard parking and central parking brands, we currently operate thousands of parking facilities containing over two million parking spaces in hundreds of cities across the united states and canada.