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Month: August 2022

Toll Brothers Reports FY 2022 3rd Quarter Results

The Hillcrest, Bartram Ranch, St. Johns, FL Toll Brothers, America’s Luxury Home BuilderFORT WASHINGTON, Pa., Aug. 23, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its third quarter ended July 31, 2022. FY 2022’s Third Quarter Financial Highlights (Compared to FY 2021‘s Third Quarter):Net income and earnings per share were $273.5 million and $2.35 per share diluted, compared to net income of $234.9 million and $1.87 per share diluted in FY 2021’s third quarter. Pre-tax income was $366.0 million, compared to $303.4 million in FY 2021’s third quarter. Home sales revenues were $2.3 billion, up 1% compared to FY 2021’s third quarter; delivered homes were 2,414, down 7%. Net signed contract value was $1.7 billion,...

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Meta Data Limited Reports First Half 2022 Unaudited Financial Results

BEIJING and SHANGHAI, China, Aug. 23, 2022 (GLOBE NEWSWIRE) — Meta Data Limited (NYSE: AIU) (“Meta Data” or the “Company”), today reported its unaudited financial results for the six months ended February 28, 2022. First Half 2022 Highlights: Net loss from continuing operations was RMB372.0 million (US$58.8 million), down by 7% year-over-year. Net loss from discontinued operations was RMB742.9 million (US$116.2 million) compared to nil in the first half 2021. Net loss attributable to common shareholders of Meta Data was RMB1,068.8 million (US$167.8 million), increased by 222% compared to net loss of RMB331.6 million (US$51.2 million) in the first half 2021. After July 2021, the Chinese government issued a series of rules and regulations prohibiting the provision of after-school tutoring services. On July 24, 2021, the announcement...

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Algoma Steel and USW L2251 Reach Tentative Agreement

SAULT STE. MARIE, Ontario, Aug. 23, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) and United Steelworkers Local Union 2251 (“2251”), the union representing Algoma’s hourly employees, announced today that the parties have reached a tentative collective agreement. The USW Local 2251 bargaining committee is unanimously recommending the offer and the parties have agreed to extend the current contract until August 30, 2022, to allow for a ratification vote to occur. Voting is scheduled for August 25 and August 29, 2022. The Company will release details of the tentative agreement after the Union has held its information meetings with its members. USW Local 2251 President Mike DaPrat remarked, “We are pleased to inform our membership that we have been able to negotiate a fair agreement...

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BioSyent Announces Adoption of Dividend Policy

MISSISSAUGA, Ontario, Aug. 23, 2022 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is pleased to announce that its Board of Directors (the “Board”) today adopted a Dividend Policy in order to establish terms of reference for the Board in its decision-making around the declaration of any dividends to be issued to shareholders of the Company. “The adoption of a Dividend Policy by the Board is an important step in our evolution as a Company and a formal recognition of the confidence we have in our business with Q2 2022 marking BioSyent’s 12th consecutive year of profitability” commented Mr. René Goehrum, Chairman of the Board of Directors of BioSyent. “Over those 12 years, we have grown our sales by more than 25 times, invested in and launched new products and continued to generate positive cash flows....

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BioSyent Releases Q2 and H1 2022 Financial Results

MISSISSAUGA, Ontario, Aug. 23, 2022 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, TSX Venture: RX) released today its financial results for the three and six months ended June 30, 2022. Key highlights include:Second quarter (Q2) 2022 Total Company Net Revenues of $6,634,875 decreased by 9% versus Q2 2021 First half (H1) 2022 Total Company Net Revenues of $13,672,286 decreased by 7% versus H1 2021 Q2 2022 Canadian Pharmaceutical Net Revenues from continuing brands of $6,272,185 increased by 1% versus Q2 2021(excluding discontinued Aguettant System® and Cysview® brands) H1 2022 Canadian Pharmaceutical Net Revenues from continuing brands of $12,591,069 increased by 4% versus H1 2021(excluding discontinued Aguettant System® and Cysview® brands) Q2 2022 International Pharmaceutical Net Revenues were $nil as compared to $165,038 for...

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Aegion Announces Acquisition of Next Level Environmental

The North American Leader in Technology-Enabled Water Solutions Adds Key Infrastructure Services to its Growing Portfolio ST. LOUIS, Aug. 23, 2022 (GLOBE NEWSWIRE) — Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, today announced the acquisition of Next Level Environmental, a Boston-based company. Next Level Environmental assets and employees will now operate as part of Insituform, an Aegion portfolio company. Since 2018 and prior to the acquisition, Next Level Environmental has provided underground and vacuum excavation services with an integrated approach to managing the challenges of aging infrastructure. The company was founded on the professional and technical expertise accumulated over a combined 20+ years by founders Alicia and Kevin David. In...

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HBT Financial, Inc. Expands Illinois Footprint Through Merger with Town and Country Financial Corporation

BLOOMINGTON, Ill. and SPRINGFIELD, Ill., Aug. 23, 2022 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (“HBT” or “HBT Financial”), the holding company for Heartland Bank and Trust Company (“Heartland Bank”), and Town and Country Financial Corporation (OTC: TWCF) (“Town and Country”), the holding company for Town and Country Bank, today jointly announced the signing of a definitive agreement pursuant to which HBT Financial will merge with Town and Country Financial Corporation and Town and Country Bank. Town and Country Bank is a community bank serving markets in Central Illinois and St. Louis Metro East with a relationship-based approach. Specializing in commercial banking, Town and Country Bank had total assets of $875 million, total loans held for investment of $624 million, and total deposits of $744 million as of June 30,...

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La-Z-Boy Reports Record Fiscal 2023 First-Quarter Results

MONROE, Mich., Aug. 23, 2022 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported record-setting first-quarter results for the quarter ended July 30, 2022. Fiscal 2023 first-quarter highlights versus prior year:Consolidated sales increased 15% to $604 million, a first-quarter record– Operating profit and operating margin were also all-time first-quarter recordsRetail segment sales increased 30% to $236 million, an all-time quarterly record – Operating profit and operating margin were also all-time quarterly recordsJoybird written sales increased 12%Melinda D. Whittington, President and Chief Executive Officer of La-Z-Boy, said, “We delivered excellent results for the quarter, amidst challenging trends for the global economy and the furniture industry....

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LifeVantage Declares Quarterly Dividend

SALT LAKE CITY, Aug. 23, 2022 (GLOBE NEWSWIRE) — LifeVantage Corporation (Nasdaq:LFVN) today announced that the Company’s Board of Directors has approved a quarterly cash dividend of $0.03 per share of common stock, which will be paid September 15, 2022 to all stockholders of record at the close of business on September 2, 2022. About LifeVantage Corporation LifeVantage Corporation (Nasdaq: LFVN) is a pioneer in nutrigenomics, the study of how nutrition and naturally occurring compounds affect human genes to support good health. The Company engages in the identification, research, development, formulation and sale of advanced nutrigenomic activators, dietary supplements, nootropics, pre- and pro-biotics, weight management, skin and hair care, bath & body, and targeted relief products. The Company’s line of scientifically-validated...

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HBT Financial, Inc. Expands Illinois Footprint Through Merger with Town and Country Financial Corporation

BLOOMINGTON, Ill. and SPRINGFIELD, Ill., Aug. 23, 2022 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (“HBT” or “HBT Financial”), the holding company for Heartland Bank and Trust Company (“Heartland Bank”), and Town and Country Financial Corporation (OTC: TWCF) (“Town and Country”), the holding company for Town and Country Bank, today jointly announced the signing of a definitive agreement pursuant to which HBT Financial will merge with Town and Country Financial Corporation and Town and Country Bank. Town and Country Bank is a community bank serving markets in Central Illinois and St. Louis Metro East with a relationship-based approach. Specializing in commercial banking, Town and Country Bank had total assets of $875 million, total loans held for investment of $624 million, and total deposits of $744 million as of June 30,...

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