Day: August 12, 2022

Brookfield Business Corporation Announces Normal Course Issuer Bid of Shares

Written by Customer Service on August 12, 2022. Posted in Public Companies.

BROOKFIELD, NEWS, Aug. 12, 2022 (GLOBE NEWSWIRE) — Brookfield Business Corporation (NYSE, TSX: BBUC) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Brookfield Business Corporation of its intention to establish a normal course issuer bid for its Class A exchangeable subordinate voting shares (the “shares”). Brookfield Business Corporation believes that in the event the shares trade in a price range that does not fully reflect their value, the acquisition of shares may represent an attractive use of available funds. Under the normal course issuer bid, the Board of Directors of Brookfield Business Corporation authorized the corporation to repurchase up to 5% of the total issued and outstanding shares, or 3,647,810 shares. At the close of business on August 9, 2022, there were 72,956,217...

PLx Pharma Inc. Reports Second Quarter 2022 Results and Provides Business Update

Written by Customer Service on August 12, 2022. Posted in Public Companies.

– Initiates Evaluation of Strategic Alternatives to Enhance Stockholder Value – Reports Positive Results of VAZALORE® 81 mg Patient Experience Survey – Streamlines Sales & Marketing PlanTotal Net Sales of $0.5 Million, Including $0.4 Million of Unfavorable Adjustments for Additional Trade Allowances and Incremental Sales Returns Reserves in Second Quarter of 2022 Total Operating Expenses Were Lower by $4.9 Million in Second Quarter of 2022 vs. Q1 2022 GAAP Net Loss of ($0.43) Per Diluted Share in Second Quarter of 2022; Adjusted Non-GAAP Net Loss Per Diluted Share of ($0.52) Cash & Cash Equivalent Balance of $35.7 Million as of June 30, 2022SPARTA, N.J., Aug. 12, 2022 (GLOBE NEWSWIRE) — PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), is a commercial-stage drug delivery platform technology...

Brookfield Business Partners L.P. Announces Renewal of Limited Partnership Unit Normal Course Issuer Bid

Written by Customer Service on August 12, 2022. Posted in Public Companies.

BROOKFIELD, NEWS, Aug. 12, 2022 (GLOBE NEWSWIRE) — Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Brookfield Business Partners of its intention to renew its normal course issuer bid for its limited partnership units (the “units”). Brookfield Business Partners believes that in the event the units trade in a price range that does not fully reflect their value, the acquisition of units may represent an attractive use of available funds. Under the normal course issuer bid, the Board of Directors of the general partner of Brookfield Business Partners authorized the partnership to repurchase up to 5% of the total issued and outstanding units, or 3,730,593 units. At the close of business on August 9,...

Star Equity Holdings, Inc. Announces 2022 Second Quarter Financial Results

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

Reported a 306% increase in Q2 2022 gross profit and a 19% increase in revenues Construction division reported a 54% increase in revenue and a significant improvement in gross margin Ended Q2 2022 with $13.7 million in cash and cash equivalents OLD GREENWICH, Conn., Aug. 12, 2022 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, reported today its financial results for the second quarter (Q2) and six months (6M) ended June 30, 2022. Following the sale of a portion of our Healthcare business in early 2021, all financial results for the 2022 and 2021 reporting periods, unless stated otherwise, relate to continuing operations, which include the Healthcare, Construction, and Investments divisions. Q2 2022 Financial Highlights vs. Q2 2021 (unaudited)Revenues...

Barnwell Industries, Inc. Reports Earnings for the Third Quarter and Nine Months Ended June 30, 2022 and the Declaration of a Cash Dividend

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

HONOLULU, Aug. 12, 2022 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported net earnings of $2,531,000, $0.25 per share, and $5,656,000, $0.59 per share, for the three and nine months ended June 30, 2022, respectively, as compared to net earnings of $4,978,000, $0.59 per share, and $4,706,000, $0.57 per share, for the three and nine months ended June 30, 2021, respectively. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “We are pleased to report that our oil and natural gas revenues have more than doubled in both the three months and nine months ended June 30, 2022, as compared to the prior year periods. This is due to higher prices for all products; oil, natural gas, and natural gas liquids increasing 71%, 137%, and 47%, respectively, for our third quarter as compared to...

Victoria Gold Reports 2022 Second Quarter Results

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 12, 2022 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce its second quarter 2022 summary financial and operating results. The Company will host a conference call and webcast Monday August 15th at 8:00am PST (11:00am EST) to discuss the second quarter consolidated results (details are provided at the end of this news release). The Company uses certain non-IFRS performance measures throughout this news release. Please refer to the “Non-IFRS Performance Measures” section of this new release for more information. All currency figures are in Canadian $ unless otherwise indicated. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2022 and...

AirSculpt Technologies, Inc. Announces Special Dividend

Written by Customer Service on August 12, 2022. Posted in Dividend Reports And Estimates.

MIAMI BEACH, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) — The Board of Directors of AirSculpt Technologies, Inc. (NASDAQ:AIRS)(“AirSculpt” or the “Company”) today declared a special dividend of $0.41 per share special cash dividend. The dividend will be paid on September 14, 2022, to shareholders of record at the close of business on August 26, 2022. “We are pleased to announce this return of capital to shareholders,” said Adam Feinstein, Chairman of the Board of Directors. “Our Board’s approval of the special dividend reflects our confidence in the Company’s long-term growth potential and strong balance sheet, allowing us to pay a dividend to shareholders from excess cash from operations, while maintaining financial and operational flexibility to continue to grow our business over the long term.” About AirSculpt Technologies AirSculpt...

Orla Mining Closes Acquisition of Gold Standard Ventures

Written by Customer Service on August 12, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 12, 2022 (GLOBE NEWSWIRE) — Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) and Gold Standard Ventures Corp. (“Gold Standard” or “GSV”) (TSX: GSV; NYSE: GSV) are pleased to announce that Orla has completed the previously announced acquisition of Gold Standard by way of court-approved plan of arrangement (the “Transaction”). “The closing of this acquisition marks an important milestone in Orla’s journey in becoming a growth-oriented, low-cost, mid-tier gold producer,” said Jason Simpson, President and Chief Executive Officer of Orla Mining. “We will seek to generate shareholder value through effectively exploring, building and operating our asset base, which now includes the South Railroad project located on the prolific Carlin trend.” Under the terms of the Transaction,...

AirSculpt Technologies, Inc. Announces Second Quarter 2022 Results and Authorizes Special Cash Dividend

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

MIAMI BEACH, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) — AirSculpt Technologies, Inc. (NASDAQ:AIRS)(“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced results for the second quarter ended June 30, 2022. Additionally, its Board of Directors declared a $0.41 per share special cash dividend. The dividend will be paid on September 14, 2022, to shareholders of record at the close of business on August 26, 2022. The dividend is expected to be funded through cash from operations with no additional debt being raised.Revenue increased 42.0% from prior year period to $49.7 million Strong same-center revenue growth of 20.4% Robust cash flow from operations of $10.4 million Expect to open four de novo centers per year Reiterating 2022 outlook“We are very pleased with the results of the...

MT Højgaard Holding A/S: MT Højgaard Danmark enters conditional DKK 1.3bn contract with DSB

Written by Customer Service on August 12, 2022. Posted in Public Companies.

MT Højgaard Holding’s business unit MT Højgaard Danmark has entered a conditional turnkey contract with DSB for the construction of a train workshop with related railway facilities in Næstved. The contract value is DKK 1.3 billion. The contract will be unconditional when it has been acceded by Board of Directors of DSB on 25 August 2022 and the project has been approved in accordance with section 25 (1) in the Danish environmental assessment act on 30 September 2022. The contract is part of DSB’s conditional and staged tender, which MT Højgaard Danmark won in the spring of 2021, cf. company announcement no. 23/2021 dated 30 March 2021. The tender is comprised of 3 phases:Phase 0: Implementation phase including kick off workshop Phase 1: Cooperation phase Phase 2: Turnkey and execution phaseDuring phase 1, the construction and execution...

Day: August 12, 2022

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