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Business

Premier Forest Products reports surging revenues through acquisition and organic growth

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The Newport headquartered business is expecting revenues to reach £200m next year

Terry Edgell and Neil Davies of Premier Forest Products.

Premier Forest Products has reported surging revenues through its strategy of acquisition and organic growth.

Over the last year the Newport headquartered business has made a number of key acquisitions, including timber engineering specialist National Timber Systems and multiple former Arnold Laver sites from National Timber Group England.

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These additions have further strengthened Premier Forest’s capabilities across timber distribution, manufacturing, and logistics. The business, one of the UK’s leading independent timber and timber processing groups, said that audited revenues for its last financial to the end of April this year are expected to come in at £125m, while for its current 2026/27 year revenues are expected to rise significantly to £200m.

The company said it has delivered this growth despite continued economic pressure across the sector including fiscal changes, rising operational costs and ongoing geopolitical instability impacting global trade.

Head count has grown from 400 employees to almost 800 across the group following the acquisitions, while the HR function has doubled in size to support workforce development. It has also strengthened its senior leadership team through a series of strategic appointments and promotions, including the promotion of Neil Davies from chief financial officer to chief financial and operating officer.

Alongside commercial performance, Premier Forest said its environmental, social and governance (ESG) commitments are increasingly influencing customer relationships and procurement opportunities.

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The business continues to expand programmes around its corporate parenting scheme with a new cohort joining the group in July, its prisoner rehabilitation scheme, military covenant commitments and employment support initiatives, with these projects now forming an important part of major framework discussions and tender opportunities. It also recently expanded banking facilities with HSBC which will support continued investment and ensure the business remains agile for future acquisition opportunities as the market evolves.

Terry Edgell, co-founder and chief executive of Premier Forest Products, said: “The market has remained difficult for many businesses, particularly with ongoing fiscal pressures and the wider impact of geopolitical uncertainty on trading conditions.

Our approach has been to continue investing in infrastructure, in systems, in capability and most importantly in people so we are ready to capitalise when markets strengthen again.

“ESG and social value are no longer secondary conversations, they are central to how major organisations select partners. What’s important for us is that these initiatives are authentic and embedded into the culture of the business, not simply box-ticking exercises.

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“We’ve built strong momentum over the last year, but ultimately our success comes down to our people. It is the talent within the organisation that drives Premier Forest forward.”

Mr Davies said: “Premier Forest has continued to evolve rapidly, with the business delivering significant growth over the last year through strategic acquisitions, expansion across key markets, and continued investment throughout the group. This progress has further strengthened our market position and created a broader, more resilient platform for future development.

The next 12 months will be an important period for the business as we continue integrating our recent acquisitions, strengthening operations across the group, and building on the momentum we have created.

“With a growing national presence, an expanding customer base, and continued focus on operational excellence, the business is well positioned to support further sustainable long-term growth.”

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American Airlines brings grab-and-go lounge to New York’s JFK

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American Airlines brings grab-and-go lounge to New York's JFK

A rendering of American Airlines planned Provisions grab-and-go lounge at New York’s John F. Kennedy International Airport

American Airlines

American Airlines is planning to open a new grab-and-go lounge at New York’s John F. Kennedy International Airport by the end of this year, its first new facility at the airport in more than four years as it continues its fight for high-paying customers to close a profit gap with Delta Air Lines and United Airlines.

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The new lounge, a 3,700-square-foot space, will include a barista bar with hot and iced coffee drinks as well as hot and cold food travelers can grab.

Airlines have been adding more of these short-visit lounges in recent years to give credit card holders and big spenders access to spaces without crowding larger airport clubs. United announced its first in late 2022, for Denver International Airport.

The rise of airport lounges

Airlines and credit card companies alike have raised the entry requirements or scaled back on freebies like guest passes to avoid overcrowding.

American opened the first of its grab-and-go lounges, which it calls Provisions, at Charlotte Douglas International Airport in North Carolina, last year.

American operates out of JFK’s Terminal 8, which is shared by its Oneworld Alliance partners, Japan Airlines, Alaska Airlines, British Airways and others.

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It has a trio of high-end lounges for business-class travelers, first-class passengers and other frequent flyer elites for long-haul trips, which the airline opened there in 2022. It also operates an Admirals Club there that is used more for lounge membership customers. American hasn’t updated its New York space lately like it has with those in other cities like Chicago and Austin, Texas.

Read more about airlines’ race to win over big spenders

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The flavors driving beverage innovation

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V8 Energy adds electrolytes

Imbibe identifies the cutting-edge trends underpinning improved beverage velocities.

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Janus Living: After Recent IPO, Senior-Care REIT Goes On Property Shopping Spree

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Janus Living: After Recent IPO, Senior-Care REIT Goes On Property Shopping Spree

This article was written by

Albert Anthony is the pen name of a business author on Amazon and his newest book is “How To Pick Stocks: 8 Steps For Long-Term Investing with Fundamental & Technical Analysis,” now available as a 2026 edition paperback and Kindle ebook in several regions including the US, UK, Canada, and Europe. The author is an analyst & contributor for investing platform Seeking Alpha since 2023, where he has nearly 2,000 followers and has covered hundreds of stocks in multiple sectors including banks/financials, REITs, insurance, pharma, and more. He has also written for platforms like Investing dot com, and has taken part in many business conferences includes Bloomberg Adria’s Investment Outlook 2026 as well as Money Motion 2026. Albert Anthony has Croatian-American roots, having grown up in the US and living in the NYC/New Jersey area as well as the Austin Texas area while working in enterprise IT roles at several prominent companies, including a top 10 financial firm. The author earned a B.A. from Drew University, and also completed certifications from Microsoft, CompTIA, and Corporate Finance Institute where he earned the specialization in risk management. He is founder of a boutique equities research firm, Albert Anthony & Company, which is a trade name both in the US and Croatia. Besides his writing and analyst work, the author has been active on camera as well, as a film/TV extra for casting agencies in Croatia/Europe, and also took part in roundtable panel discussions and appeared in several media stories in that region. You can also check out the author’s video content on the Albert Anthony channel on YouTube where he discusses investing topics, @author.albertanthony Please note: The author does not write about non-publicly traded companies, small cap stocks, crypto, or startup CEOs, so any such mail received and pitches from PR agencies will be deleted. Any official mail to the author should be sent to albertanthony.info@gmail.com. *Author Disclaimer: Albert Anthony and Albert Anthony & Co, is a US-based sole proprietorship registered as a trade name in Austin, Texas, and a sole proprietor registered in Croatia. The author nor his company are registered financial advisors and do not provide personalized financial advisory services to clients and do not manage client assets but provide general markets commentary and research as well as actionable insights based on publicly-available data and their own analysis. The author does not sell or market financial products and services, nor is compensated by any company for rating them. The author does not hold any material position in any stock he rates at the time of writing, unless otherwise disclosed. All investment is assumed to be at risk and readers are expected to do their due diligence beyond the scope of this author’s commentary, agreeing to indemnify the author of any liability for potential investment losses.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of DOC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Author is a small shareholder in Healthpeak Properties, who holds a stake in this stock, and he also invests in a diversified portfolio of REITs and REIT mutual funds. Author does not hold any shares in Janus Living as of this writing.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Inside The S&P 500's June Swoon And AI Boom, July Fireworks Possible

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Energy, Infrastructure, And Industrials - My Favorite Places To Invest For The Next Decade

Inside The S&P 500's June Swoon And AI Boom, July Fireworks Possible

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REA Group: Buy A Beaten-Up Market Leader

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REA Group: Buy A Beaten-Up Market Leader

REA Group: Buy A Beaten-Up Market Leader

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Texas Instruments: An AI Beneficiary, But Not Cheap Enough To Buy

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Texas Instruments: An AI Beneficiary, But Not Cheap Enough To Buy

Texas Instruments: An AI Beneficiary, But Not Cheap Enough To Buy

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Exclusive-Activist Jana Partners has new stake in Everpure, sources

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Exclusive-Activist Jana Partners has new stake in Everpure, sources


Exclusive-Activist Jana Partners has new stake in Everpure, sources

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Australia sues Amazon for making allegedly unfair contracts with subscribers

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A woman in a pink bikini lies on a deck chair covered in pink blankets, reads a magazine. there are pink towels, a tote bag and a radio next to her.

Australia’s consumer watchdog has sued Amazon, claiming the tech giant introduced adverts in Prime Video using allegedly unfair contract terms.

The Australian Competition and Consumer Commission (ACCC) said Amazon had broken consumer protection law by making the unfair contracts with over a million annual subscribers between November 2023 and August 2025.

“Consumers who wanted to avoid ads were left with no choice but to pay more to maintain the service they’d initially signed up for”, ACCC chair Gina Cass-Gottlieb said.

Amazon has been approached for comment.

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For more than a decade, Prime Video was a commercial-free streaming offering that was included as part of Amazon’s popular Prime subscription, which is sold as an upgrade on its core delivery service.

Prime became available in Australia in 2018. It started to roll out advertising in the service globally in early 2024.

When Amazon began that year to include ads within Prime Video, it told subscribers in Australia they would need to pay an additional fee each month in order to keep the service free of ads, driving the monthly price up to 12.99 Australian dollars.

At that point, the ACCC said over 850,000 people in Australia had already paid for a year’s worth of Prime service.

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“Those subscribers were provided with a degraded, ad-supported Prime Video service for the balance of their prepaid term unless they paid for the ad-free option”, the ACCC added in a filing, external.

The ACCC said Amazon did this by relying on five unfair terms in contracts with over a million customers signed between 1 November 2023 and 18 August 2025.

“Those contracts included five terms permitting [Amazon Australia] to unilaterally make materially adverse changes to its services (including, but not limited to, Prime Video) and the terms governing those services, without any contractual entitlement for subscribers to receive refunds or other meaningful redress,” the ACCC said.

Amazon’s treatment of its users has come under government scrutiny before.

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In the US, the Federal Trade Commission (FTC) in recent years has taken legal action against Amazon on claims that the company would sign people up for Prime without their consent, external, and then make it difficult for people to cancel a subscription.

The company on Tuesday also agreed to pay an FTC fine, external to resolve claims that it created a “Kafkaesque ordeal” for people who were victims of online shopping fraud.

In the UK, the government has previously investigated Amazon’s method of listing goods for sale, and the proliferation of fake reviews of products.

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Gas prices under scrutiny as Bessent vows to hold retailers accountable

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Gas prices under scrutiny as Bessent vows to hold retailers accountable

Treasury Secretary Scott Bessent warned gasoline retailers that the Trump administration is “watching” pump prices and expects them to pass lower oil costs on to Americans.

Speaking on “Fox & Friends,” Bessent’s comments came a day after President Donald Trump urged gas stations to lower prices to around $2.50 per gallon following a decline in crude oil prices.

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“I would encourage them to be good actors, especially in the 250th anniversary, because we’re watching,” Bessent said Tuesday. 

TRUMP DECLARES FOOD SUPPLY EMERGENCY, SUSPENDS TARIFFS ON KEY FERTILIZER IMPORTS

Treasury Secretary Scott Bessent arrives for House committee hearing.

Treasury Secretary Scott Bessent arrived before testifying before the House Ways and Means Committee in the Longworth House Office Building on June 4, 2026, in Washington, D.C. (Chip Somodevilla/Getty Images / Getty Images)

Gas prices rose during the conflict between Israel and Iran, though prices have eased since the onset of the fighting. The AAA national average for regular gas was $3.860 per gallon as of June 29, down from $4.391 a month earlier but still higher than the year-earlier average of $3.187.

AMERICAN AIRLINES DELAY STRANDS GOP LAWMAKER, CAUSES 3 HOUSE MEMBERS TO MISS VOTES

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Higher fuel costs have squeezed consumers and businesses alike, with some California small business owners saying they’re “working for peanuts” just to keep their doors open. But Bessent said that as crude oil prices decline, he’ll be watching gasoline retailers to ensure savings are passed on to consumers.

“We’ve got a chart of how quickly the prices went up and how they followed crude, and we’re going to hold them accountable on the other side,” he said, calling Trump’s Truth Social post on the issue “powerful.”

The president wrote on Truth Social earlier this week, “Gasoline Retailers must get their Prices down, IMMEDIATELY!” and added that “They’re too high considering that Oil is now at $68 a Barrel, and heading south.”

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“The Retailers must quickly react to this statement, and do what they know is right — DROP YOUR PRICE FOR OUR GREAT AMERICAN PEOPLE!” he continued. “There will be no gauging, which is totally illegal. If Retailers don’t do this, big problems lie ahead!”

Bessent said stations often benefit when oil prices spike and argued it is now time to provide relief for the public. “They’re making an extra margin there, and they probably had record profits on gasoline retailing. Now it’s time to do something for the American people,” he said. 

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Fox News Digital’s Greg Wehner contributed to this report. 

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Here Are 5 Things Every Galaxy Owner Must Know Right Now

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Galaxy S26

Samsung has confirmed that its long-running Messages app will be discontinued in July 2026, ending a texting platform that has shipped on Galaxy devices since 2009 and forcing millions of remaining users to migrate to Google Messages before the cutoff arrives. Here’s what Android owners need to understand about the shutdown and how to prepare.

1. The shutdown is scheduled for July 2026, with some users reporting a specific date. Samsung’s official End of Service notice, posted on its U.S. support website, states plainly that “the Samsung Messages application will be discontinued in July 2026,” directing users to “upgrade to Google Messages as your default messaging app today to maintain a consistent messaging experience on Android.” While Samsung’s public messaging has stuck to the broader monthlong window, at least one specific date has surfaced through device notifications sent directly to users. A screenshot obtained by NBC Chicago showed one notice reading, “Samsung Messages is being discontinued on July 6 2026.” Samsung has advised users to check the Samsung Messages app itself for the exact shutdown date applicable to their device, suggesting the rollout may be phased or staggered rather than occurring all at once.

2. Once the cutoff hits, the app won’t disappear, but it will stop functioning as a texting tool. According to the fine print in Samsung’s notice, “sending messages via Samsung Messages on your phone will no longer be possible, except for emergency service numbers or emergency contacts defined in your device.” The shutdown also extends to a feature some users have come to rely on for cross-device texting: Samsung’s Message Continuity service, known as “Call & Text on Other Devices,” which allows people to send texts from a paired tablet or PC, will also be disrupted once Samsung Messages is formally discontinued.

3. The change is currently limited to the U.S. market, and not every device is affected equally. Samsung’s notice specifies that the discontinuation applies to the U.S. market only, with no confirmed shutdown date announced for other regions at this time. Within the U.S., devices running Android 11 or lower are explicitly excluded from this particular end-of-service deadline and will continue functioning as before. However, availability of the app itself has already been shrinking ahead of the formal cutoff: owners of the Galaxy S26 and newer devices cannot download Samsung Messages from the Galaxy Store at all, and once the app is officially discontinued in July, no other devices will be able to download it from the Galaxy Store either. On devices released before 2022, switching messaging apps may temporarily disrupt ongoing RCS conversations, though Samsung says those conversations can resume once both parties have switched to Google Messages, with standard MMS and SMS messaging remaining available throughout that transition period.

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4. The shift is part of a broader, years-long move toward Google Messages and RCS standardization, not a sudden decision. Samsung stopped making its own Messages app the default texting platform on Galaxy phones back in 2021 and stopped pre-installing it alongside Google Messages starting in 2024. The July 2026 shutdown formalizes a shift the company had already been making in practice for years. Industry observers have tied the change closely to Google’s broader push for Rich Communication Services, or RCS, a messaging standard often described as Android’s answer to Apple’s iMessage. Google Messages offers RCS features including read receipts, real-time typing indicators, higher-quality photo and video sharing, end-to-end encryption in supported chats, and integration with Gemini-powered AI tools such as suggested replies and an experimental image-generation feature. Samsung has framed the consolidation around streamlining the texting experience, stating in its announcement that the goal is to “maintain a consistent messaging experience on Android.” The company has also emphasized that the discontinuation is limited specifically to messaging and does not affect other core Galaxy apps or services.

5. Scammers are already exploiting confusion around the transition, so verify any notice independently. As word of the shutdown has spread, fraudulent text messages designed to mimic Samsung’s official notifications have begun circulating, targeting confused Galaxy phone owners. One reader from Running Springs, California, who goes by Gilberto, described receiving a suspicious text warning him that Samsung Messages would end on a specific date and urging him to switch apps immediately. While the underlying shift to Google Messages is genuine, security experts have cautioned that unsolicited texts urging immediate action, particularly those containing links, should be treated skeptically. The safest approach is to ignore unexpected links entirely and instead verify any notice directly through a device’s own settings or by checking the Samsung Messages app, rather than clicking through a text message claiming to be from Samsung.

For most users, the actual process of switching should be straightforward when it comes to standard text messages. Google Messages draws from a device’s standard SMS and MMS database, meaning older text conversations typically carry over automatically without requiring any manual export. Users can switch by opening or installing Google Messages, then selecting the option to set it as their default SMS app. Samsung has said many Galaxy phones will display in-app notifications within Samsung Messages guiding users through that transition before the cutoff arrives. The shutdown also extends to Tizen OS smartwatches, where Samsung Messages is similarly being discontinued, though those devices will retain basic read and send capability even as full conversation history access is lost; Galaxy Watch models running WearOS are handled differently and will retain full conversation continuity through Google Messages across phone, tablet and watch.

With the July deadline approaching, Samsung is encouraging all remaining Samsung Messages users, particularly those on devices still capable of running the app, to complete the switch to Google Messages well ahead of the cutoff date rather than waiting until service is formally discontinued and texting capability becomes limited to emergency contacts only.

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