Ritchie Bros. Sells CA$224+ Million of Heavy Equipment Assets and Vehicles at Premier Canadian Auction Event |
EDMONTON, Alberta & WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced Ritchie Bros. Auctioneers sold 11,000+ equipment items, trucks and vehicles at its premier Canadian auction event in Edmonton, AB, last week. The five-day auction generated nearly CA$225 million in gross transaction value (GTV). The April 29 – May 3, 2025, online and ons. |
businesswire.com |
2025-05-09 12:30:00 |
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I Switched from SPY to These 3 ETFs for a More Resilient Portfolio |
The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is a cornerstone investment for most portfolios, offering broad exposure to the 500 largest U.S. companies across diverse sectors like technology, healthcare, and finance. 24/7 Wall St. Insights: The SPDR S&P 500 ETF Trust (SPY) is a solid, all-around choice for investors to own as it mimics the S&P 500 index that has returned 10% annually for decades. SPY’s focus on mega-cap stocks, particularly in the tech sector, heightens risk in today’s volatile markets. Investors looking for greater diversification with long-term capital appreciation potential can find ETFs with unique advantages to take them beyond just the biggest of the big stocks. Nvidia made early investors rich, but there is a new class of ‘Next Nvidia Stocks’ that could be even better. Click here to learn more. With a low expense ratio and a historical annualized return of 10% over decades, SPY provides stability, liquidity, and consistent growth, making it ideal for long-term wealth-building. Its diversification mitigates individual stock risk, while tracking the S&P 500 ensures alignment with the U.S. economy’s overall performance. For novice and seasoned investors alike, SPY’s simplicity and reliability make it a go-to choice in volatile markets. However, SPY’s broad-market approach may not suffice for those seeking higher growth or targeted exposure. Its heavy weighting toward mega-cap tech stocks can limit upside in emerging sectors. Investors may find greater potential in specialized ETFs that offer superior historical performance and diversification across high-growth industries, capturing opportunities SPY might miss. Invesco S&P 500 Equal Weight ETF (RSP) Think of the Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) as the same, but different alternative to the SPDR S&P 500 ETF Trust. Unlike SPY, which is market-cap weighted and heavily skewed toward mega-cap tech stocks (over 30% of its portfolio are tech behemoths), RSP equally weights all 500 S&P 500 companies, ensuring no single stock dominates. This approach, with a 14.1% five-year annualized return, often outperforms SPY during periods when smaller or mid-cap firms lead, as expected amid 2025’s domestic growth policies. RSP’s 0.20% expense ratio, while higher than SPY’s 0.09%, is justified by its balanced sector exposure. Industrial comprises almost 16% of the portfolio and financials almost 15%, while tech is less than 14%, helping reduce concentration risk. Year-to-date RSP is down 2.7%, but that’s better than the 4.7% drop by SPY, reflecting its resilience in volatile markets. By capturing broader market gains and mitigating tech-sector volatility, RSP offers stability and growth potential. For investors wary of SPY’s tech reliance, RSP’s diversified structure makes it a smarter choice for long-term outperformance. iShares MSCI Global Gold Miners ETF (RING) The second alternative to SPY inventors should consider is the iShares MSCI Global Gold Miners ETF (NASDAQ:RING) as it offers unique diversification and growth potential by focusing on major gold mining companies like Newmont (NYSE:NEM) and Barrick Mining (NYSE:GOLD). With gold prices soaring to around $3,400 per ounce amid elevated inflation and geopolitical uncertainty, RING’s 54% year-to-date return far outpaces SPY’s decline. Its 0.39% expense ratio is reasonable for its specialized exposure while RING’s global portfolio mitigates U.S.-specific risks. It provides a safe-haven hedge against market volatility and tariff-driven disruptions that could impact SPY. While SPY offers stability, RING capitalizes on the precious metals rally, delivering higher upside in uncertain times. For investors seeking diversification and inflation protection, RING is a superior choice over SPY’s broader, tech-heavy exposure. Vanguard Small-Cap Growth ETF (VBK) The final ETF alternative is Vanguard Small-Cap Growth ETF (NYSE:VBK), another excellent alternative to the SPDR S&P 500 ETF Trust or investors seeking higher growth in 2025. Unlike SPY, VBK targets dynamic small-cap growth firms in sectors like technology and healthcare. Liberty Media (NASDAQ:FWONK) and RB Global (NYSE:RBA) are its two largest holdings, but they account for less than 1% of the total each. With a 7.8% five-year annualized return, VBK can capitalize on domestic trends like infrastructure spending and reshoring, where small-caps often outperform. Small-cap stocks were hit hard by inflation and high-interest rates because they don’t have the same access to financial resources as their larger brethren do, their borrowing costs are higher, which hurt returns over the last few years. While the Federal Reserve may not cut rates at its next meeting, more cut are expected this year and over the next few years, providing a boost to the sector. VBK features Vanguard’s famed ultra-low costs, with a 0.07% expense ratio, enhancing returns. Its diversified portfolio of 579 holdings reduces individual stock risk while offering exposure to innovative, high-upside companies less represented in SPY. In a market favoring agile firms over mega-caps, VBK’s focus on small-cap growth provides superior potential. For investors seeking cost-efficiency and outperformance in a growth-driven economy, VBK is a smarter choice than SPY. The post I Switched from SPY to These 3 ETFs for a More Resilient Portfolio appeared first on 24/7 Wall St.. |
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2025-05-08 17:00:11 |
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RB Global (RBA) Q1 Earnings and Revenues Surpass Estimates |
RB Global (RBA) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.90 per share a year ago. |
zacks.com |
2025-05-07 22:21:11 |
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RB Global, Inc. (RBA) Q1 2025 Earnings Call Transcript |
RB Global, Inc. (NYSE:RBA ) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Sameer Rathod - Vice President, Investor Relations & Market Intelligence Jim Kessler - Chief Executive Officer Eric Guerin - Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets Krista Friesen - CIBC Michael Feniger - Bank of America Craig Kennison - Baird Maxim Sytchev - NBF Operator Good day, everyone, and welcome to the RB Global First Quarter 2025 Earnings Call. This call is being recorded. |
seekingalpha.com |
2025-05-07 21:51:37 |
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RB Global Reports First Quarter 2025 Results |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE & TSX: RBA, the “Company”, “RB Global”, “we”, “us”, “their”, or “our”) reported the following results for the three months ended March 31, 2025. "I want to recognize our teammates' dedication to our partners and customers, particularly in this rapidly evolving macroeconomic environment." said Jim Kessler, CEO of RB Global. "We have not changed our approach and are focused on factors we control to help ensure we are consistently worki. |
businesswire.com |
2025-05-07 20:02:00 |
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RB Global Reports on Voting Results From the 2025 Annual and Special Meeting of Shareholders |
WESTCHESTER, Ill.--(BUSINESS WIRE)--The Annual and Special Meeting of Shareholders (the "Meeting") of RB Global, Inc. (the "Company", NYSE and TSX: RBA) was held on May 5, 2025. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March 24, 2025, which can be found on the Company's website at: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001046102/a520564c-c2db-4929-b19a-158d9bdef2c8.pdf. Per TSX reporting requirements, the Company wishes to. |
businesswire.com |
2025-05-06 19:35:00 |
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Earnings Preview: RB Global (RBA) Q1 Earnings Expected to Decline |
RB Global (RBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:07:30 |
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RB Global to Report First Quarter 2025 Financial Results and Host Conference Call on May 7, 2025 |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release first-quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. RB Global will host a conference call to discuss its results at 4:30 p.m. Eastern time the same day. Analysts and institutional investors may pre-register to participate in the conference call using the following link: https://registrations.events/direct/Q4I602500. Registered participants will rece. |
businesswire.com |
2025-04-08 21:00:00 |
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RBA is saying it 'has options' despite global risk: HSBC |
Paul Bloxham, HSBC's chief economist for Australia and New Zealand and global commodities, says the point that stood out in the statement was the central bank's focus on global risks. |
youtube.com |
2025-04-01 13:00:41 |
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IAA Announces New Market Alliance in the United Arab Emirates |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that IAA has launched a new Market Alliance with Nejoum Al Jazeera in the United Arab Emirates (UAE). This agreement will expand IAA's customer base and increase the visibility of its available vehicles worldwide. “We are excited to expand IAA's global footprint with the announcement of a n. |
businesswire.com |
2025-04-01 12:30:00 |
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PAGS or RBA: Which Is the Better Value Stock Right Now? |
Investors interested in Financial Transaction Services stocks are likely familiar with PagSeguro Digital Ltd. (PAGS) and RB Global (RBA). |
zacks.com |
2025-03-17 14:46:28 |
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Ritchie Bros. Sells US $250+ Million of Heavy Equipment Assets and Vehicles in its 2025 Premier Global Auction Event in Orlando, FL |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that Ritchie Bros. Auctioneers sold 16,000+ equipment items, trucks and vehicles at its Feb. 17-21 premier global auction event in Orlando, FL, generating US$250+ million in gross transaction value (GTV). The premier global auction event attracted 19,000+ people from 75+ countries, with app. |
businesswire.com |
2025-02-26 10:30:00 |
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RB Global, Inc. (RBA) Q4 2024 Earnings Call Transcript |
RB Global, Inc. (NYSE:RBA ) Q4 2024 Earnings Conference Call February 18, 2025 4:30 PM ET Company Participants Sameer Rathod - Vice President, Investor Relations & Market Intelligence Jim Kessler - Chief Executive Officer Eric Guerin - Chief Financial Officer Conference Call Participants Steven Hansen - Raymond James Michael Feniger - Bank of America Craig Kennison - Baird Gary Prestopino - Barrington Research Maxim Sytchev - NBF Operator Hello and welcome to the RB Global Fourth Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. |
seekingalpha.com |
2025-02-19 00:26:03 |
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RB Global (RBA) Beats Q4 Earnings and Revenue Estimates |
RB Global (RBA) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.82 per share a year ago. |
zacks.com |
2025-02-18 21:15:18 |
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Ritchie Bros.' February Premier Global Auction Event in Orlando to Feature 16,000+ Heavy Equipment Assets and Vehicles |
ORLANDO, Fla. & WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that Ritchie Bros. Auctioneers' Feb. 17-21 premier global auction event in Orlando will feature 16,000+ items listed online, with inventory continuing to be added daily. Bidders can browse listings online with high-resolution photos and videos, or attend preview days onsite. |
businesswire.com |
2025-02-13 10:30:00 |
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Sylogist Ltd. Announces Board of Directors Changes |
Calgary, Alberta--(Newsfile Corp. - February 12, 2025) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that Mr. |
newsfilecorp.com |
2025-02-12 19:00:00 |
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RB Global, Inc. Announces Changed Record Date for Previously Announced Regular Quarterly Dividend |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE and TSX: RBA) has amended the record date of its recently declared quarterly cash dividend of US$0.29 per common share from February 6, 2025 to February 14, 2025. The payment date for the quarterly dividend will remain March 3, 2025, as previously announced on January 20, 2025. This dividend is considered an eligible dividend for Canadian income tax purposes. About RB Global RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichanne. |
businesswire.com |
2025-02-04 08:00:00 |
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CORRECTING and REPLACING Top Ranking First Trust RBA American Industrial Renaissance® ETF Reaches New Milestones in Growth and Performance over its 10+ Year History |
WHEATON, Ill.--(BUSINESS WIRE)--Please replace the release issued January 24, 2025 at 9:25am ET with the following corrected version due to multiple revisions. The updated release reads: TOP RANKING FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE® ETF REACHES NEW MILESTONES IN GROWTH AND PERFORMANCE OVER ITS 10+ YEAR HISTORY First Trust Advisors L.P. (“First Trust”), a leading ETF provider and asset manager, announced that the First Trust RBA American Industrial Renaissance® ETF (NASDAQ: AIRR). |
businesswire.com |
2025-01-28 21:20:00 |
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Top Ranking First Trust RBA American Industrial Renaissance® ETF Reaches New Milestones in Growth and Performance over its 10+ Year History |
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading ETF provider and asset manager, announced that the First Trust RBA American Industrial Renaissance® ETF (NASDAQ: AIRR) has reached over $3 billion in net assets as of 1/6/2025 and continues to be a top performing fund. AIRR seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Richard Bernstein Advisors American Industrial R. |
businesswire.com |
2025-01-24 11:25:00 |
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RB Global, Inc. Declares Quarterly Dividend |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE and TSX: RBA) announces that its Board of Directors has declared a quarterly cash dividend of US$0.29 per common share, payable on March 3, 2025 to shareholders of record on February 6, 2025. This dividend is considered an eligible dividend for Canadian income tax purposes. About RB Global RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions fo. |
businesswire.com |
2025-01-20 19:00:00 |
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RB Global to Report Fourth Quarter and Full Year 2024 Financial Results and Host Conference Call on February 18, 2025 |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release fourth-quarter and full-year 2024 financial results after the market closes on Tuesday, February 18, 2025. RB Global will host a conference call to discuss its results at 4:30 p.m. Eastern time the same day. Analysts and institutional investors may pre-register to participate in the conference call using the following link: https://registrations.events/direct/Q4I8358646. Registered pa. |
businesswire.com |
2025-01-17 18:01:00 |
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RB Global: Getting Cheaper In Its Expanding Auction Business |
RB Global's recent acquisitions and partnerships have expanded its global footprint, positioning them well to outpace peers in the future. The company's service revenue grew significantly, driven by higher take rates and marketplace services, while inventory sales revenue declined. Analysts are optimistic about RB Global's EPS growth due to cost reduction initiatives and positive synergies from strategic acquisitions. |
seekingalpha.com |
2025-01-09 05:16:31 |
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Best Income Stocks to Buy for January 7th |
PRMB, FMS and RBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 7, 2024. |
zacks.com |
2025-01-07 06:26:09 |
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New Strong Buy Stocks for January 3rd |
UAA, BRBR, RBA, SRDX and CTRA have been added to the Zacks Rank #1 (Strong Buy) List on January 3, 2024. |
zacks.com |
2025-01-03 08:26:09 |
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Best Income Stocks to Buy for January 3rd |
CTRA and RBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 3, 2024. |
zacks.com |
2025-01-03 05:46:20 |
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RB Global (RBA) Moves to Strong Buy: Rationale Behind the Upgrade |
RB Global (RBA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |
zacks.com |
2024-12-31 15:05:26 |
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Best Income Stocks to Buy for December 26th |
BOH, WFC and RBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 26, 2024. |
zacks.com |
2024-12-26 05:55:56 |
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Hilco Commercial Industrial and Ritchie Bros. Selected to Oversee Sale of Highway Equipment Company Assets |
Asset sale offers unique opportunity to acquire extensive highway, construction, and material handling equipment across multiple states NORTHBROOK, Ill. , Dec. 5, 2024 /PRNewswire/ -- Hilco Commercial Industrial (HCI) and Ritchie Bros. |
prnewswire.com |
2024-12-05 12:05:00 |
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RB Global (RBA) is a Great Momentum Stock: Should You Buy? |
Does RB Global (RBA) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-11-26 15:01:21 |
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IAA Announces New Market Alliance in Oman |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced that IAA has launched a new Market Alliance with North America Trading L.L.C. in the country of Oman. Through this agreement, IAA will open auction centers in three cities strategically located throughout Oman by the end of 2025. This strategic alliance reaffirms IAA's commitment to expanding. |
businesswire.com |
2024-11-21 10:45:00 |
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RB Global Inc. (RBA) Opens the Market |
Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - Jim Kessler, Chief Executive Officer, RB Global Inc. (TSX: RBA) ("RB Global" or the "Company"), joined Chris Birkett, President, TSX Listings, to open the market to celebrate the Company's 20th year listing anniversary on TSX. Cannot view this video? |
newsfilecorp.com |
2024-11-19 13:49:00 |
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RB Global, Inc. (RBA) Q3 2024 Earnings Call Transcript |
RB Global, Inc. (NYSE:RBA ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Eric Guerin - CFO Conference Call Participants Sabahat Khan - RBC Capital Markets Krista Friesen - CIBC Gary Prestopino - Barrington Research Craig Kennison - Baird Michael Feniger - BoA Maxim Sytchev - MDS John Healy - Northcoast John Gibson - BMO Capital Markets Operator Thank you for standing by. My name is Janine, and I will be your conference operator for today. |
seekingalpha.com |
2024-11-08 17:05:25 |
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RB Global (RBA) Surpasses Q3 Earnings Estimates |
RB Global (RBA) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.72 per share a year ago. |
zacks.com |
2024-11-08 11:46:12 |
Czytaj oryginał (ang.) |
Earnings Preview: RB Global (RBA) Q3 Earnings Expected to Decline |
RB Global (RBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-11-01 13:01:07 |
Czytaj oryginał (ang.) |
Ritchie Bros. Announces Dates for February 2025 Orlando, FL Event |
ORLANDO, Fla. & WESTCHESTER, Ill.--(BUSINESS WIRE)--Ritchie Bros. Auctioneers, an RB Global, Inc. company, will host its premier global auction event in Orlando, FL, from February 17 to 21, 2025. |
businesswire.com |
2024-10-29 18:45:00 |
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Earnings And Profits Rising At RB Global After Key Acquisition |
RB Global's acquisition of IAA and operational efficiencies have boosted adjusted EBITDA and EPS despite lower revenue, setting the stage for future profitable growth. The company has a one-year price target 10.36% above the current price, supported by improved margins. RBA's competitive advantages include a global platform, long-term customer relationships, and investments in data science, though it faces significant competition. |
seekingalpha.com |
2024-10-24 11:32:12 |
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RB Global (RBA) Soars 6.4%: Is Further Upside Left in the Stock? |
RB Global (RBA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term. |
zacks.com |
2024-10-22 18:20:38 |
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RB Global to Report Third Quarter 2024 Financial Results and Host Conference Call on November 8, 2024 |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced today that it will release third-quarter financial results before the market opens on Friday, November 8, 2024. RB Global will host a conference call to discuss its results at 8:30 a.m. Eastern time the same day. Analysts and institutional investors may pre-register to participate in the conference call using the following link: https://registrations.events/direct/Q4I505174. Registered participants will receive. |
businesswire.com |
2024-10-07 21:00:00 |
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RB Global Appoints Steve Lewis as Chief Operating Officer |
WESTCHESTER, Ill.--(BUSINESS WIRE)--RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, today announced the appointment of Steve Lewis as Chief Operating Officer, effective Sept. 3, 2024. Mr. Lewis brings extensive senior leadership experience in operations and supply chain management, as well as a honed approach to driving business growth through operational excellence. “Steve has a proven t. |
businesswire.com |
2024-08-28 12:45:00 |
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14 Upcoming Dividend Increases Including 2 Kings |
Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with 5-year dividend growth streaks. People's Financial Services Corp offers a significant 50% dividend increase. |
seekingalpha.com |
2024-08-22 16:29:36 |
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RB Global, Inc. (RBA) Q2 2024 Earnings Call Transcript |
RB Global, Inc. (NYSE:RBA ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Sameer Rathod - VP IR & Market Intelligence James Kessler - CEO Eric Guerin - CFO Conference Call Participants Sabahat Khan - RBC Capital Markets Steve Hansen - Raymond James Krista Friesen - CIBC Craig Kennison - Baird Maxim Sytchev - National Bank Financial Operator Good morning. My name is Angela, and I will be your conference operator today. |
seekingalpha.com |
2024-08-06 17:42:07 |
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RB Global (RBA) Tops Q2 Earnings Estimates |
RB Global (RBA) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.85 per share a year ago. |
zacks.com |
2024-08-06 13:40:21 |
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RB Global (RBA) Reports Next Week: Wall Street Expects Earnings Growth |
RB Global (RBA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-07-30 15:07:42 |
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