Marshall Wace LLP cut its position in shares of Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) by 87.4% in the fourth quarter
according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC)
The institutional investor owned 81,266 shares of the restaurant operator's stock after selling 562,154 shares during the quarter
Marshall Wace LLP's holdings in Arcos Dorados were worth $592,000 at the end of the most recent quarter
A number of other institutional investors have also modified their holdings of the company
grew its stake in Arcos Dorados by 34.7% in the 4th quarter
now owns 3,167,857 shares of the restaurant operator's stock worth $23,062,000 after acquiring an additional 815,198 shares during the period
increased its stake in Arcos Dorados by 88.1% in the fourth quarter
now owns 2,611,023 shares of the restaurant operator's stock valued at $19,008,000 after purchasing an additional 1,223,260 shares during the last quarter
Moerus Capital Management LLC lifted its position in Arcos Dorados by 11.0% during the fourth quarter
Moerus Capital Management LLC now owns 2,122,675 shares of the restaurant operator's stock worth $15,453,000 after buying an additional 210,133 shares during the period
Perpetual Ltd boosted its stake in Arcos Dorados by 7.9% in the 4th quarter
Perpetual Ltd now owns 1,766,014 shares of the restaurant operator's stock worth $12,857,000 after buying an additional 129,544 shares during the last quarter
Emeth Value Capital LLC purchased a new stake in Arcos Dorados in the 4th quarter valued at about $11,190,000
Institutional investors and hedge funds own 55.91% of the company's stock
NYSE:ARCO traded up $0.11 on Monday
865,659 shares of the stock were exchanged
compared to its average volume of 1,394,950
The stock has a fifty day moving average of $7.71 and a 200-day moving average of $7.92
The stock has a market cap of $1.64 billion
a quick ratio of 0.57 and a debt-to-equity ratio of 1.40
has a fifty-two week low of $6.66 and a fifty-two week high of $11.49
Arcos Dorados (NYSE:ARCO - Get Free Report) last posted its quarterly earnings results on Wednesday
The restaurant operator reported $0.28 EPS for the quarter
beating the consensus estimate of $0.22 by $0.06
Arcos Dorados had a net margin of 3.25% and a return on equity of 29.74%
The firm had revenue of $1.14 billion for the quarter
compared to analyst estimates of $1.15 billion
equities analysts expect that Arcos Dorados Holdings Inc
will post 0.63 earnings per share for the current fiscal year
The business also recently disclosed a quarterly dividend
December 22nd will be given a $0.06 dividend
This represents a $0.24 annualized dividend and a yield of 3.08%
Arcos Dorados's dividend payout ratio (DPR) is presently 33.33%
Separately, StockNews.com cut shares of Arcos Dorados from a "buy" rating to a "hold" rating in a research report on Wednesday
View Our Latest Stock Report on Arcos Dorados
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He’d responded to an ad for a job at PolitickerNJ and we’d talked several times by phone about the job
We were the first truly online political operation in the state and he was excited to get into real time reporting
he knew New Jersey was the place to cut your teeth in political journalism
He was young – mid 20s – but damn he was hungry
There was a delay in hiring him as we cleared some logjam or other and he reached out and firmly told me that he REALLY wanted the job
I told him be patient and I would get it through but he let me know he was ready to go
I called my boss and had a tense conversation
He worked hard and grew with the role and over time became an invaluable member of the small team that hung out in the tiny statehouse office we affectionately dubbed the clown car because of our penchant for jamming four reporters into a converted storage closet
Matt took quickly to our mission and we’d revel in beating our larger competitors to a story even if it was only by a few minutes
The camaraderie and pride in being the underdog that Matt
Tim Carroll and I developed in that tiny office were extremely rare and Matt’s competitive drive was a huge part of it
Eventually it became clear that Matt was ready to move on and I was happy for him when he landed the coveted gig at the Star Ledger
There he quickly established himself as the go to “Chris Christie guy” and while he was often a thorn in the ex-governor’s side
I’m told Christie maintained a soft spot for him
Over the years we remained friends and would touch base when we could
Our conversations were always full of laughs at the circus we were both enmeshed in
Matt was a sympathetic ear and I returned the favor as best I could when his parents were ill
but we’d both had some experience with the awful disease of dementia and it helped us both to talk about the toll it took watching our fathers overtaken
Matt and I spoke less than two weeks ago and we had a long talk about work
life and the importance of creating a balance in an environment that would consume you if you let it
he was excited about his role at Advance and also about spending time in Vermont
That conversation is heartbreaking in retrospect and my heart goes out to Mike
In losing Matt
I would like to receive emails from Insider NJ
NJ Advance Media political reporter died of natural causes Thursday
NJ Spotlight News | May 2, 2025 | Media
NJ Advance Media political reporter Matt Arco passed away Thursday at the age of 39 from natural causes. Arco made a name for himself covering the colorful world of New Jersey politics for over a decade
including Trump’s latest presidential campaign and his return to the White House
He was a trusted resource for so many in the state
He will be deeply missed and our thoughts and prayers are with his family
and his newsroom during this difficult time
NJ Spotlight is part of The WNET Group and is operated by WNET
a non-profit organization exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code
The process of determining that a software system’s risk is acceptable is referred to as “certification.” Current certification practices within the Department of Defense (DoD) are antiquated and unable to scale with the amount of software deployed
The amount of assurance evidence needed to determine software conformance to certification can be overwhelming to human subject matter experts
Human evaluators also have unique expertise
and biases that influence their approach to evaluations.
Because certification requirements may be vague or poorly written
evaluators often must interpret what is intended
these factors result in inconsistencies over time and across evaluations
there is no means to compose evaluations in a principled and trustworthy manner
Composed evaluations would allow subsystems or components to be evaluated independently
The results of those independent evaluations could then be leveraged as assurance evidence in the composed systems
This would amortize the effort of evaluating any component over all systems using that component.
Current practice requires re-evaluating components and their assurance evidence in every system that employs them
The inability to use a divide–and-conquer approach to certification of large systems increases the cost and time required to perform these certifications
The goal of the Automated Rapid Certification Of Software (ARCOS) program is to automate the evaluation of software assurance evidence to enable certifiers to determine rapidly that system risk is acceptable.
Two factors support the acceleration of software certification through the automation of evaluations.
Mathematically rigorous analysis and verification provide the ability to develop software implementations that are demonstrably correct and sound
Assurance case languages provide us a means for expressing arguments on how software fulfills its certification goals
ARCOS will explore techniques for automating the evidence generation process for new and legacy software; create a means of curating evidence while maintaining its provenance; and develop technologies for the automated construction of assurance cases
as well as technologies that can validate and assess the confidence of an assurance case argument.
and assessment technologies will form the ARCOS tools and processes
working collectively to provide a scalable means of accelerating the pathway to certification
Be part of a cutting-edge research and development agency that’s pushing the boundaries of what’s possible
in an energetic environment with excellent benefits.
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We have the address for the funeral home & the family on file
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Arcos created this Life Tributes page to make it easy to share your memories
Arcos passed away peacefully at home and ..
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the Rochester Fire Department responded to a fire alarm call at the Los Arcos restaurant in SW Rochester
crews saw smoke inside the restaurant and upgraded the call to a structure fire response
RFD found a kitchen appliance on fire and extinguished it with a pressurized water can
RFD performed a search of the restaurant to ensure no occupants were inside
RFD says the kitchen appliance that was on fire was destroyed
and there was minimal smoke and water damage to the kitchen area
The Rochester Police Department assisted on the scene
Any person with disabilities who needs help accessing the FCC Public file should email news@kaaltv.com or call (507) 288-7555
Matt Arco – a mainstay of New Jersey political journalism who spent over a decade diligently trailing governors
and shedding light on the mystifying world of Garden State politics – died yesterday at the age of 39
The news of Arco’s death was announced earlier this afternoon by his own paper
NJ Advance Media said that Arco died “suddenly of natural causes,” per his family
“Matt Arco was one of my very favorite people and best friends,” fellow NJ Advance Media reporter Brent Johnson said in a remembrance posted to social media
“We spoke almost every day,” Johnson continued
Read NJ Advance Media’s obituary for Arco here.
Arco got his start in journalism well outside the boundaries of the Garden State
After graduating from the State University of New York
Arco spent time working at the Legislative Gazette in Albany
and the Roswell Daily Record in New Mexico
Arco entered the world of New Jersey politics as a reporter at PolitickerNJ
which ran the Newark Star-Ledger and other historic New Jersey newspapers
“Jersey is an amazing place,” Arco said in a 2024 profile
“The overall thing about being a governor and state legislative reporter
Arco quickly became a key reporter on the world of statehouse politics
covering the second term of Republican Gov
Chris Christie and the early years of his successor
“Matt was a tremendously talented journalist who won multiple awards for his thought-provoking and well-sourced political coverage,” Murphy said in a statement today on Arco’s death
he emerged as one of the Garden State’s most renowned reporters and was admired by readers for his illuminating insights into New Jersey and national politics
Whether he was covering the coronavirus pandemic
readers could always rely on Matt to offer firm – but fair – coverage on some of the most important stories of our time.”
“Matt Arco was a first class reporter & an even better person,” Christie said in a statement of his own
“We got to know each other well over the last 15 years & I came to admire him & enjoy the time we spent together
His passing is a tragedy & I will truly miss him
In 2023, when Christie launched his second unsuccessful campaign for president, Arco began covering his campaign full-time via his “What Makes Christie Run?” newsletter, which won him an honorable mention from the National Press Club
Arco remained on the national politics beat
spending the last year covering the 2024 campaign and President Donald Trump’s administration
NJ Advance Media’s obituary said that Arco was a Lambertville-New Hope Ambulance & Rescue Squad volunteer and a “history buff [who] loved dissecting the political science of the day.”
“He will be remembered for his deep devotion to his family and his unfailing loyalty to his friends
with whom he lived in Central Jersey for more than a decade
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Matt Arco, a veteran journalist who spent nearly a decade with NJ Advance Media, has died unexpectedly at 39 years old, the outlet reported on Thursday
Arco's employer said only that he died of natural causes
Arco was the first person hired by NJ Advance Media — the company that provides content to NJ.com and The Star-Ledger — in 2014,” NJ Advance Media said in a statement
NJ Attorney General Matthew Platkin called Arco one of the "brightest and most talented journalists in New Jersey's press corps," saying he was "shocked and devastated" to learn of Arco's loss
which will be for the worse without his dedicated and incisive reporting," Platkin said
he was never afraid to hold anyone to account
nor to highlight the stories of New Jerseyans who are impacted by the decisions of the lawmakers and politicians that he covered
My thoughts are with Matt’s family and friends during this deeply difficult time."
Arco was best known for his political reporting
he had been covering national politics for NJ Advance
Arco was described as one of the newsroom’s go-to voices on New Jersey politics
When Christie launched his second presidential bid
Arco produced a newsletter titled What Makes Chris Christie Run
The newsletter earned a National Press Club Award and was nominated for a Shorty Award
Arco's LinkedIn shows he graduated from the University at Albany with a Bachelor of Science in journalism in 2009
His first news job was at the Roswell Daily Record as a reporter before joining the Portland Daily Sun
Arco worked as a statehouse reporter for PolitickerNJ just before joining NJ Advance Media in 2014
Click here to read Arco's latest work for NJ Advance Media and here for the full report on Arco's death from NJ Advance Media.
Daily Voice extends its heartfelt condolences to the staff of NJ Advance Media
Price T Rowe Associates Inc. MD raised its stake in Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) by 40.1% during the fourth quarter
according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC)
The institutional investor owned 13,463,466 shares of the restaurant operator's stock after buying an additional 3,851,704 shares during the period
MD owned 6.39% of Arcos Dorados worth $98,015,000 at the end of the most recent quarter
A number of other hedge funds and other institutional investors have also recently modified their holdings of ARCO
Spire Wealth Management increased its position in Arcos Dorados by 27.2% in the 4th quarter
Spire Wealth Management now owns 7,210 shares of the restaurant operator's stock valued at $52,000 after acquiring an additional 1,540 shares during the period
R Squared Ltd acquired a new position in Arcos Dorados during the 4th quarter worth about $54,000
Sanctuary Advisors LLC bought a new stake in shares of Arcos Dorados in the 4th quarter valued at about $90,000
Bank of New York Mellon Corp increased its stake in shares of Arcos Dorados by 17.5% in the fourth quarter
Bank of New York Mellon Corp now owns 12,272 shares of the restaurant operator's stock valued at $89,000 after buying an additional 1,830 shares during the period
Virtu Financial LLC acquired a new position in shares of Arcos Dorados in the fourth quarter worth approximately $90,000
Institutional investors own 55.91% of the company's stock
Separately, StockNews.com lowered shares of Arcos Dorados from a "buy" rating to a "hold" rating in a report on Wednesday
Read Our Latest Stock Report on Arcos Dorados
ARCO traded up $0.14 during trading on Friday
compared to its average volume of 1,397,076
The stock has a market capitalization of $1.62 billion
a current ratio of 0.63 and a debt-to-equity ratio of 1.40
The stock's 50-day moving average is $7.71 and its 200 day moving average is $7.95
has a 12 month low of $6.66 and a 12 month high of $11.49
Arcos Dorados (NYSE:ARCO - Get Free Report) last issued its quarterly earnings results on Wednesday
The restaurant operator reported $0.28 earnings per share (EPS) for the quarter
Arcos Dorados had a return on equity of 29.74% and a net margin of 3.25%
Equities analysts anticipate that Arcos Dorados Holdings Inc
will post 0.63 earnings per share for the current year
The business also recently declared a quarterly dividend
December 22nd will be issued a $0.06 dividend
This represents a $0.24 dividend on an annualized basis and a yield of 3.12%
The ex-dividend date of this dividend is Monday
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ROCHESTER — A kitchen appliance was destroyed by fire at the south Los Arcos Kitchen and Cantina location on Thursday morning
The Rochester Fire Department noted smoke inside the restaurant when they arrived on scene at 7386 Airport View Drive SW around 8:20 a.m
A kitchen appliance was on fire and "quickly extinguished" with a pressurized water can
according to a statement from the fire department
Firefighters performed a search of the structure to ensure no occupants were inside
After the fire was extinguished and the sprinkler system shut down
they checked for extension of the fire into other areas of the structure
The restaurant was also ventilated to clear hazardous gases
There was "minimal" smoke and water damage in the kitchen
according to the restaurant's Facebook page
The Rochester Police Department also responded to the kitchen fire
the world’s largest independent McDonald’s franchisee
announced the filing of its annual report on Form 20-F for the fiscal year ending December 31
Securities and Exchange Commission (SEC) and is readily accessible via the SEC’s official website as well as the investor relations section on Arcos Dorados’ own website
which operates more than 2,400 McDonald's restaurants across 20 countries in Latin America and the Caribbean
further stated that shareholders can request a hard copy of the audited financial statements at no cost
This initiative underscores the company’s commitment to transparency and shareholder engagement
With a market capitalization of approximately $1.55 billion and significant institutional ownership of 53.36%
Arcos Dorados continues to be a formidable entity within the consumer cyclical sector
The company emphasizes its dedication to sustainability and community development
as part of its "Recipe for the Future" program
family-owned cutlery brand with nearly 300 years of expertise
proudly unveils its collaboration with world-renowned chef José Andrés to introduce the
« Back
Los Arcos at VIDA is already housing families
2025) – City of San Antonio leaders and partners have officially opened the 324-unit Los Arcos at VIDA on the city’s southside
It is the first completed rental production community that is supported by the voter-approved 2022 Affordable Housing Bond
in conjunction with a significant investment of U.S
Department of Housing and Urban Development funding
The project contributes to the more than 650 homes now complete with support from the Affordable Housing Bond
"Based on a shared vision of equity and opportunity
Los Arcos at VIDA sets a new standard for community-driven solutions and will truly redefine what affordable housing looks and feels like in San Antonio,” said Mayor Ron Nirenberg
“This is truly a benchmark moment for the City
the dedicated workers with the Neighborhood and Housing Services Department who made this happen
and the voters who knew the potential of the Affordable Housing Bond.”
developed in San Antonio's District 4 by The NRP Group in partnership with the San Antonio Housing Trust Public Facility Corporation
represents a $81.37 million investment supported by a $2.06 million 2022 Affordable Housing Bond contribution
$942,054 in Neighborhood Stabilization Program grant funds
and $2.25 million in federal HOME Investments Partnership grant funding
we celebrate a milestone that bridges our district's incredible economic growth that has been happening for nearly two decades with the urgent need for affordable housing,” said District 4 Councilmember Dr
“Los Arcos at VIDA represents a deep-seated commitment to ensuring that no one is left out or left behind as our district continues to thrive
It’s a reminder that progress must be inclusive and equitable for all who will live
we will continue to build a brighter future for all.”
Amenities at Los Arcos at VIDA include two playgrounds
EV charging stations and community programs
such as financial literacy and health screenings
The new housing community is located in the heart of the booming southwest side near Texas A&M San Antonio
and University Health’s new Palo Alto Hospital.
"Los Arcos at Vida exemplifies the critical role public-private partnerships play in addressing the growing demand for affordable housing in San Antonio,” said Nick Walsh
Vice President of Development at The NRP Group
“This collaborative effort between the City of San Antonio and other vital partners has been instrumental in maintaining the momentum of new housing developments
Securing funding for this project was a significant achievement
highlighting the importance of coordinated efforts to overcome the challenges posed by inflation and escalating construction costs.”
the Affordable Housing Bond has committed over $124 million for the creation and preservation of more than 4,100 homes across San Antonio near jobs
more than 2,700 homes are under construction
and nearly 1,009 homes are in the development pipeline
“The number of major investments in job growth
and housing being made in the areas around the VIDA Community are a testament to what we have known for years – the Southside is an amazing place to live in San Antonio,” said Pete Alanis
executive Director for the San Antonio Housing Trust
“Los Arcos will be a great place to live
The future of the Southside is indeed bright.”
Gonzalez Convention Center is open at 100% occupancy as of May 17
As our number one priority is the health and safety of our guests
we will continue with many protocols established over the last year to ensure our facility is clean and safe for your return
Please contact your sales or event manager to address any questions or concerns you may have
The Office of Military & Veteran Affairs and Government Affairs Department have moved
Vital Record Services will be closed on Friday
View source version on businesswire.com: https://www.businesswire.com/news/home/20250416559229/en/
A consortium that includes Pangea Aerospace has secured €7.27 million in funding from the Spanish government to complete the development of its ARCOS aerospike engine
In May 2024, Spain’s Ministry of Science, Innovation, and Universities published a call for proposals aimed at providing €70 million in funding to projects pursuing the maturation of disruptive space technology
The Space Technology Programme (PTE) 2024 call was managed by the Centre for the Development of Industrial Technology (CDTI) and funded through the country’s Strategic Projects for Economic Recovery and Transformation (PERTE) Aerospace programme
CDTI announced that it had awarded PTE 2024 grants to 24 individual projects
An initiative led by Indra Sistemas to develop technology for the mass production of payloads and satellite buses received the largest share of the funding
was awarded to the ITP Aero-led MERLIn (Efficient and Reusable Engine for International Launchers) project consortium
The difference will be made up by the consortium partners
The MERLIn project will be focused on the development
and testing of the Pangea Aerospace ARCOS aerospike engine
ARCOS will be capable of producing 750 kN of thrust and is designed for use aboard the upper stage of medium and heavy launch vehicles
In addition to offering “improved performance,” the engine will enable the “re-entry and reuse of upper stages,” a capability that it says “only SpaceX has achieved to date.” However
while SpaceX has managed the re-entry of its Starship upper stage
ITP Aero leads the MERLIn project consortium
contributing its “global leadership in propulsion systems.” Sener will provide the thrust vector control system
while Aenium Engineering will supply advanced materials and additive manufacturing
Pangea Aerospace will handle the complete development of the engine
and will receive €3.9 million of the total €7.27 million grant
Help European Spaceflight continue to go after stories that are too often overlooked
Show Breaking News BarCloseLocal NewsHalee Powers
SAN ANTONIO – The City of San Antonio has officially opened its first affordable multi-family housing complex
Los Arcos at VIDA is the first completed rental production community that was approved by voters through the 2022 Affordable Housing Bond. The project was in partnership with investments from the U.S
“Based on a shared vision of equity and opportunity
Los Arcos at VIDA sets a new standard for community-driven solutions and will truly redefine what affordable housing looks and feels like in San Antonio,” said Mayor Ron Nirenberg
Los Arcos at VIDA was developed in San Antonio’s District 4 by The NRP Group in partnership with the San Antonio Housing Trust Public Facility Corporation
This partnership represents a $81.37 million investment supported by $2.06 million from the 2022 bond
Other funding came from the Neighborhood Stabilization Program grant funds
Another $2.25 million came from federal HOME Investments Partnership grant fund
“Los Arcos at VIDA represents a deep-seated commitment to ensuring that no one is left out or left behind as our district continues to thrive
It’s a reminder that progress must be inclusive and equitable for all who will live
we will continue to build a brighter future for all,” said Dr
providing housing for Area Median Income (AMI) levels: 49 homes at 30% AMI
The assortment of rental homes includes 12 one-bedroom
“This is more than just a milestone for the Affordable Housing Bond—it’s a defining moment for San Antonio
showcasing what we can achieve when we come together with purpose and determination,” stated Veronica Garcia
director for Neighborhood and Housing Services
The new community is located near Texas A&M San Antonio
and University Health’s new Palo Alto Hospital
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including songs from The Zawose Queens from Tanzania and Victoria Sur from Colombia
Here & Now's Peter O'Dowd speaks with Arcos
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Davis Polk & Wardwell LLP in New York has helped McDonald’s Latin American franchisee Arcos Dorados issue notes worth US$600 million and launch a concurrent tender offer
expert analysis and essential resources from the Latin Lawyer experts
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Program will extend the value of ARCOS solutions to further improve field operations
COLUMBUS, Ohio, March 27, 2025 /PRNewswire/ -- ARCOS® LLC
a leading provider of field workforce management solutions for utilities and other critical infrastructure industries
today announced a new partner program – the ARCOS Partner Network - designed to increase value for customers and unlock growth for partners that share ARCOS' vision for solving the utility industry's toughest workforce management challenges
our customers must meet the needs of growing communities
replace aging infrastructure and manage complex capital projects with fewer workers than they've ever had," said Paul Bernard
"Overcoming these challenges will require new levels of collaboration and productivity
By bringing companies into the ARCOS ecosystem
we can innovate faster together and boost collective efforts to support the utility sector in overcoming today's toughest obstacles
interconnected and powerful system of solutions to help our customers maintain reliability
complete more work safely and scale seamlessly to meet both planned and unplanned challenges."
While ARCOS has led the industry in collaborating with like-minded companies and fostered integration through APIs
this program creates a formal framework for partnerships
which will benefit customers seeking guidance on complementing and expanding their use of ARCOS
operations and customer service utility solutions
is among the first technology partners to join the program
"We share ARCOS' customer-first perspective on serving utilities and critical infrastructure organizations throughout the United States," said Sarah Robinson
director of business development at Milsoft
"We're looking forward to working more closely together to improve response times and increase reliability for our shared customers."
Other initial partners include Buzz Solutions
each of which brings powerful new capabilities for ARCOS customers across crew management
The ARCOS Partner Network offers a straightforward
To learn more about joining the ARCOS Partner Network
About ARCOS LLCARCOS provides innovative field workforce management solutions that help utilities and other critical infrastructure industries manage people
ARCOS enables utilities to quickly mobilize personnel for blue and grey sky work
manage native and non-native crews in a single system
and accelerate operations with field mobility tools that deliver real-time situational awareness and significant productivity improvements
More than 200 utilities rely on ARCOS to advance safety
and improve response times and customer satisfaction
Media Contact:Jenn Pratt404.655.2273[email protected]
Do not sell or share my personal information:
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Accurate monitoring of the Arctic region is critical to protecting the area from environmental degradation
Software developed by the EU-funded ARCOS project uses satellite data to detect industrial development
Permalink: https://cordis.europa.eu/article/id/454773-data-driven-monitoring-and-alerts-to-protect-the-arctic
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Franklin Resources Inc. increased its holdings in Arcos Dorados Holdings Inc. (NYSE:ARCO - Free Report) by 88.1% in the fourth quarter
according to the company in its most recent Form 13F filing with the Securities and Exchange Commission
The institutional investor owned 2,611,023 shares of the restaurant operator's stock after buying an additional 1,223,260 shares during the period
owned 1.24% of Arcos Dorados worth $19,008,000 as of its most recent filing with the Securities and Exchange Commission
Other institutional investors have also made changes to their positions in the company
Spire Wealth Management raised its position in Arcos Dorados by 27.2% during the fourth quarter
Spire Wealth Management now owns 7,210 shares of the restaurant operator's stock valued at $52,000 after purchasing an additional 1,540 shares in the last quarter
raised its holdings in shares of Arcos Dorados by 8.3% during the 4th quarter
now owns 22,258 shares of the restaurant operator's stock worth $162,000 after buying an additional 1,700 shares in the last quarter
Bank of New York Mellon Corp lifted its position in shares of Arcos Dorados by 17.5% during the 4th quarter
Bank of New York Mellon Corp now owns 12,272 shares of the restaurant operator's stock worth $89,000 after buying an additional 1,830 shares during the last quarter
Verition Fund Management LLC lifted its position in shares of Arcos Dorados by 6.2% during the 3rd quarter
Verition Fund Management LLC now owns 61,867 shares of the restaurant operator's stock worth $539,000 after buying an additional 3,588 shares during the last quarter
Bfsg LLC boosted its stake in Arcos Dorados by 22.7% in the fourth quarter
Bfsg LLC now owns 22,880 shares of the restaurant operator's stock valued at $167,000 after buying an additional 4,230 shares in the last quarter
55.91% of the stock is currently owned by institutional investors
Separately, StockNews.com cut shares of Arcos Dorados from a "buy" rating to a "hold" rating in a report on Wednesday
Get Our Latest Stock Report on ARCO
Shares of NYSE:ARCO traded up $0.16 during trading on Friday
2,211,625 shares of the company were exchanged
compared to its average volume of 1,370,748
has a 1-year low of $6.66 and a 1-year high of $11.49
The company has a market capitalization of $1.52 billion
The business's 50 day moving average is $7.95 and its 200-day moving average is $8.16
Arcos Dorados (NYSE:ARCO - Get Free Report) last announced its quarterly earnings results on Wednesday
beating analysts' consensus estimates of $0.22 by $0.06
Equities analysts forecast that Arcos Dorados Holdings Inc
This represents a $0.24 dividend on an annualized basis and a yield of 3.32%
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