Welcome to our dedicated page for Cannae Holdings news (Ticker: CNNE), a resource for investors and traders seeking the latest updates and insights on Cannae Holdings stock.
Cannae Holdings, Inc. (symbol: CNNE) is a principal investment firm headquartered in Las Vegas, Nevada. Specializing in a diverse array of sectors including restaurants, technology-enabled healthcare services, and financial services, Cannae Holdings takes both minority and majority stakes in its investments. The company operates through several reportable segments including the Restaurant Group, Dun & Bradstreet, Alight, BKFE, and Corporate and Other Affiliate Elimination.
The Restaurant Group segment, which includes operations of O'Charley's and Ninety Nine Restaurants, constitutes a significant portion of the company's revenue. This segment underscores Cannae's strategic focus on consumer-facing businesses and its ability to manage large-scale restaurant operations effectively.
In the technology and financial services sector, Cannae Holdings has substantial investments in companies like Dun & Bradstreet and Alight. These investments highlight the company's commitment to leveraging data analytics and human capital management solutions to drive value creation. Dun & Bradstreet, a leader in commercial data and analytics, and Alight, known for its comprehensive human resources and business solutions, are pivotal to the company's diversified portfolio.
Cannae Holdings continues to seek new opportunities for growth and value maximization through strategic acquisitions and partnerships. The firm's flexible investment approach allows it to adapt to market changes and capitalize on emerging trends. With a solid financial foundation and a proactive management team, Cannae Holdings is well-positioned for continued success in its various business ventures.
Recent achievements and ongoing projects demonstrate the company's dynamic nature and its ability to enhance shareholder value through thoughtful investment strategies. As Cannae Holdings navigates the complex investment landscape, it remains focused on building a robust portfolio that delivers sustainable returns.
Cannae Holdings (NYSE: CNNE) has announced its third quarter 2024 financial results, which have been posted to the company's website at www.cannaeholdings.com. The company will host a conference call on November 12, 2024, at 5:00pm ET to discuss the results. Investors can access the call by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international). A replay will be available until November 26, 2024, and can be accessed via phone or through a webcast on the company's website.
Cannae Holdings (NYSE: CNNE) has announced a quarterly cash dividend of $0.12 per share. The dividend will be distributed to shareholders of record as of December 17, 2024, with the payment scheduled for December 31, 2024.
Cannae Holdings announced it will release its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. The company will host a conference call at 5:00 pm Eastern Time to discuss the results. Investors can access the call by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international). A replay will be available until November 26, 2024, accessible via 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with access code 10192308. A simultaneous webcast will be available on www.cannaeholdings.com with an online replay following the call.
Cannae Holdings (NYSE: CNNE) and KDSA Investment Partners have agreed to acquire a majority stake in The Watkins Company, a 156-year-old American heritage brand known for high-quality flavoring products. The transaction, expected to close in October 2024, aims to drive growth and innovation in Watkins' portfolio of spices, seasonings, and extracts.
Watkins is positioned as a premium yet affordable brand in the fast-growing spices and seasonings category, which benefits from long-term consumer trends. The current majority owner, Mark Jacobs, will retain a significant equity stake. The partnership seeks to leverage Cannae and KDSA's resources and experience to expand Watkins' reach and explore new growth opportunities in retail and other channels.
William P. Foley, II, Chairman and CEO of Cannae, expressed enthusiasm for the investment in one of the fastest-growing segments of the U.S. food industry. The acquisition aligns with Cannae's strategy of making private investments in promising sectors.
Cannae Holdings, Inc. (NYSE: CNNE) has released its second quarter 2024 financial results on its website. The company will host a conference call on August 8, 2024, at 5:00pm ET to discuss the results. Investors can access the call by dialing 1-800-245-3047 (domestic) or 1-203-518-9765 (international) and asking for the Cannae Holdings Second Quarter 2024 Earnings Call. A telephonic replay will be available until August 15, 2024. Additionally, a simultaneous webcast of the call can be accessed on the company's website.
Cannae Holdings (NYSE: CNNE) has announced a quarterly cash dividend of $0.12 per share. The dividend is set to be paid on September 30, 2024, to shareholders of record as of September 16, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders and may be seen as a positive signal of financial stability. The declaration of a dividend can be an important factor for investors considering the stock, as it provides a steady income stream in addition to potential capital appreciation.
Cannae Holdings, Inc. (NYSE: CNNE) has announced the release date for its second quarter 2024 financial results. The company will disclose its earnings after the market close on Thursday, August 8, 2024. A conference call to discuss the results is scheduled for 5:00 pm Eastern Time on the same day. Investors can access the call by dialing 1-800-245-3047 (domestic) or 1-203-518-9765 (international). A telephonic replay will be available until August 15, 2024. Additionally, a simultaneous webcast of the call will be accessible on the company's website at www.cannaeholdings.com, with an online replay available immediately following the call.
Cannae Holdings, Inc. (CNNE) has declared a quarterly cash dividend of $0.12 per share, payable on June 28, 2024, to shareholders of record as of June 14, 2024.
Cannae Holdings, Inc. (NYSE: CNNE) has released its first quarter 2024 financial results, available on its website. A conference call is scheduled to discuss the results at 5:00pm ET on May 9, 2024.
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