Day: November 2, 2020

Total contract drilling revenues were $773 million (total adjusted contract drilling revenues of $830 million), compared with $930 million in the second quarter of 2020 (total adjusted contract drilling revenues of $983 million);Revenue efficiency(1) was 96.6%, compared with 97.2% in the prior quarter;Operating and maintenance expense was $470 million, compared with $525 million in the prior period;Net income attributable to controlling interest was $359 million, $0.51 per diluted share, compared with net loss attributable to controlling interest of $497 million, $0.81 per diluted share, in the second quarter of 2020;Adjusted net loss was $69 million, $0.11 per diluted share, excluding $428 million of net favorable items. This compares with adjusted net loss of $1 million, in the previous quarter;Adjusted EBITDA was $338 million, compared...

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) today announced that Joe Adams, FTAI Chief Executive Officer, will present at the Stephens Annual Investment Conference at 10:00AM (ET) on Wednesday, November 18, 2020.Interested investors may access the Company’s presentation materials posted in the Investor Relations section of the Company’s website, www.ftandi.com.About Fortress Transportation and Infrastructure Investors LLCFortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation....

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIESCALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (the “Company”) (TSX.V: EGT) (OTCQB: EGTYF) is pleased to announce that it has upsized and closed its previously announced brokered private placement (the “Offering”) of 1,150 limited partnership units (the “LP Units”) of the Company’s subsidiary, EGT Markets Limited Partnership (the “Partnership”), for gross proceeds of $1.15 million, to be used for product development and general working capital purposes. Fort Capital Securities Ltd. (the “Agent”) acted as the sole lead agent in connection with the Offering.The home battery market is quickly expanding as increasing amounts of residential PV installations include home batteries. Specific customer preferences are also...

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) — VORNADO REALTY TRUST (NYSE: VNO) reported today:Quarter Ended September 30, 2020 Financial ResultsNET INCOME attributable to common shareholders for the quarter ended September 30, 2020 was $53,170,000, or $0.28 per diluted share, compared to $322,906,000, or $1.69 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, net loss attributable to common shareholders, as adjusted (non-GAAP) for the quarter ended September 30, 2020 was $16,613,000, or $0.09 per diluted share, and net income attributable to common shareholders, as adjusted for the quarter ended September 30, 2019 was $52,624,000, or $0.28 per diluted share.FUNDS FROM OPERATIONS (“FFO”) attributable to common...

MONACO, Nov. 02, 2020 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM) announced today that it will host a conference call on Thursday, November 5, 2020 at 8:30 am ET, at which time Navios Partners’ senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2020. The Company will report results for the third quarter and nine months ended September 30, 2020, prior to the conference call.A supplemental slide presentation will be available on the Navios Partners website at www.navios-mlp.com under the “Investors” section at 8:00 am ET on the day of the call.Conference Call details:Call Date/Time: Thursday, November 5, 2020 at 8:30 am ETCall Title: Navios Partners Q3 2020 Financial Results Conference...