Great Elm Capital Corp. ("GECC") Schedules Third Quarter 2025 Earnings Release and Conference Call

Great Elm Capital Corp. (GECC) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 gecc-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Great Elm Capital Corp. Announces SECOND Quarter 2026 Financial Results Company to Host Conference Call and Webcast at 8:30 AM ET on August 6, 2026 GECC’s Investment Adviser Waives Incentive Fees Totaling $0.9 million or $0.0

HSK New Development, a joint venture including China Overseas Land (0688), China Merchants Land (0978), China Resources Land, CTG, JD.com, and Sino Land (0083), won a HK$16.8 billion tender for the Hung Shui Kiu/Ha Tsuen Pilot Area in Hong Kong's Northern Metropolis. The project will focus on smart logistics, residential, and commercial facilities, supporting regional development and connectivity.

ING has reportedly financed oil and gas companies Aker BP, Vår Energi, and NEO Energy despite a 2024 pledge to stop. The bank arranged over $900 million in loans and bonds for these firms, according to Follow the Money. ING's direct lending to upstream oil and gas firms dropped from €2 billion in 2024 to €1.4 billion in 2025, but it continues to facilitate bond sales. Environmental groups criticize the bank's policy as misleading.

The U.S. Navy awarded contract modifications to Booz Allen Hamilton, Concurrent Technologies Corp., and KPMG, increasing their shared maximum ordering value by $96.7 million to $198.1 million. The contract covers professional support services for Marine Corps Installations Command. The companies will compete for task orders under the contract, with work to be performed at contractor facilities, the Pentagon, and other government sites. The ordering period runs through November 2029.

Baird downgraded Chipotle (CMG), Domino's (DPZ), and Black Rock Coffee Bar (BRCB) to Neutral, citing slower growth and competitive pressures. It upgraded Darden (DRI) to Outperform, praising its strong fundamentals. Price targets were adjusted for each. Baird also initiated coverage of Brinker (EAT) and Jersey Mike's with Outperform ratings, and named Cava (CAVA), Brinker, Starbucks (SBUX), and Dutch Bros (BROS) as top picks.

Philip Morris International (PMI) and Altria have signed contract manufacturing deals to boost exports and imports. Altria will benefit from a tax rebate, while PMI maintains no U.S. sales plans. First shipments are expected in 2027, with no impact on 2026 performance. Altria expects a profit boost in late 2026 from similar partnerships.