Day: October 14, 2022
GRAND RAPIDS, Mich., Oct. 14, 2022 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the third quarter and the nine months ended October 2, 2022.
2022 Third Quarter Highlights:Sales increased +8.9% to $160.6 million compared to $147.5 million for the same period last year.
Earnings from Operations increased +63.2% to $3.0 million compared to $1.8 million for the same period last year.
Net Earnings were to $1.8 million compared to $2.4 million for the same period last year.
Consolidated EBITDA (a non-GAAP measure) increased +2.9% to $8.8 million compared to $8.6 million for the same period last year.“Restaurant sales remained solid in the third quarter, despite several one-time disruptions that affected select restaurants in September,...
Renasant Announces 2022 Third Quarter Webcast and Conference Call Information
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TUPELO, Miss., Oct. 14, 2022 (GLOBE NEWSWIRE) — Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2022 third quarter results following the NASDAQ’s closing on Tuesday, October 25, 2022. The Company will hold executive management’s quarterly webcast and conference call with analysts on Wednesday, October 26, 2022, at 10:00 AM Eastern Time (9:00 AM Central Time).
The webcast is accessible through Renasant’s investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=REdHmUjC. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2022 Third Quarter Earnings Webcast and Conference Call. International participants should dial 1-412-902-4145 to access the conference call.
The webcast will...
Photo Release — WSFS Bank Names Shari Kruzinski Executive Vice President, Chief Consumer Banking Officer
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WSFS Shari Kruzinski
WSFS Shari KruzinskiWILMINGTON, Del., Oct. 14, 2022 (GLOBE NEWSWIRE) — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Shari Kruzinski has been named Executive Vice President, Chief Consumer Banking Officer, reporting to Rodger Levenson, WSFS Chairman, President, and CEO. In her new role, she will oversee all aspects of the Consumer Banking division including Retail Delivery, Strategy, Consumer and Small Business banking and the Mortgage division. Kruzinski will assume the role following Rick Wright’s announcement that he will retire at the end of the year.
“Shari is a proven leader who has spent her 30-year career developing organizational strategies that drive growth, productivity, and high levels of Associate engagement,” said Levenson. “Her advancement...
HII Honors Employees with Inaugural Compass Award for Compliance
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HII Compass Award for Compliance 2022
Presentation of the 2022 HII Compass Award for Compliance. Pictured: Top row (left to right): Mission Technologies President Andy Green, Ingalls Shipbuilding President Kari Wilkinson, Newport News Shipbuilding President Jennifer Boykin and HII Chief Financial Officer Tom Stiehle. Bottom row (l to r): Mission Technologies awardee Set Tikoyan, Ingalls Shipbuilding awardee Tommy Cauthen, HII Chief Sustainability and Compliance Officer Paul C. Harris, Newport News Shipbuilding awardee Gary Zimak and HII Corporate awardee Sandra CrossNEWPORT NEWS, Va., Oct. 14, 2022 (GLOBE NEWSWIRE) — Global all-domain defense partner HII (NYSE:HII) this week recognized four employees from the company’s three divisions and company headquarters with the inaugural Compass Award for Compliance, for advancing HII’s...
Live Oak Bank Tops SBA’s 100 Most Active 7(A) Lenders
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WILMINGTON, N.C., Oct. 14, 2022 (GLOBE NEWSWIRE) — Live Oak Bank has been named the most active SBA 7(a) lender by dollar amount by the U.S. Small Business Administration for the fifth year in a row.
The results were posted to the SBA website and display the country’s top 100 SBA 7(a) lenders by loan volume for the administration’s 2022 fiscal year, which ended September 30.
“Live Oak Bank has the privilege of serving small business owners across the country and the SBA 7(a) program is an essential way to deliver capital to the entrepreneurs supporting the backbone of our economy,” said Live Oak Chairman and CEO James S. (Chip) Mahan III. “We are proud to serve our customers with a high-touch, high-tech approach that puts them at the center of everything we do.”
Live Oak approved 1,157 loans from the SBA’s flagship7(a) program...
Dorman Launches 400+ New Motor Vehicle Repair Solutions, Rapidly Expanding Coverage for SUVs, EVs and Heavy-Duty Trucks
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COLMAR, Pa., Oct. 14, 2022 (GLOBE NEWSWIRE) — Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of more than 400 new motor vehicle parts, almost half of which are first-to-the-aftermarket exclusives. The new products join a growing catalog of 118,000+ aftermarket solutions that advance Dorman’s mission of giving repair professionals and owners greater freedom to fix passenger, commercial, and recreational vehicles with internal combustion, hybrid, and electric powertrains.
The company’s roster of innovative Dorman® OE FIX™ repair solutions is also growing by eighteen new products designed to help save time, save money, or increase reliability. This month features an OE FIX upgraded aluminum thermostat housing assembly (902-3035HP) engineered to match the fit and function of the original equipment plastic housing...
Regulus Announces US$5.0 M Investment From Osisko Gold Royalties
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Figure 1
AntaKori Project Claims MapVANCOUVER, British Columbia, Oct. 14, 2022 (GLOBE NEWSWIRE) — Regulus Resources Inc. (“Regulus” or the “Company”, TSX-V: REG, OTCQX: RGLSF) is pleased to announce the completion of a US$5 million investment (the “Investment”) from Osisko Gold Royalties (“Osisko”) in exchange for a net smelter return (“NSR”) ranging from 0.125% to 1.5% on certain claims of the Company’s AntaKori project (“AntaKori”), as well as a right (currently held by Regulus) to buy-back a 1% NSR from a third party on certain claims of AntaKori. Proceeds from the Investment will be used for exploration activities at AntaKori and for general corporate purposes. This Investment is the second completed by Osisko on the AntaKori project. The first was the strategic partnership between Regulus and Osisko...
NBPE Announces Director Declaration
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THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONSNBPE Announces Director Declaration
1 October 2022
In accordance with the requirements of Listing Rule 9.6.14, NB Private Equity Partners Limited (the “Company”) advises that it has been notified of the following change to directorships in other publicly quoted companies held by a member of the Board.
John Falla, a director and audit committee chairman, has informed the Company that he has been appointed as an independent non-executive director of Baker Steel Resources Trust Limited with immediate effect.
For further information, please contact:
NBPE Investor Relations +1 214 647 9593
Kaso Legg Communications +44 (0)20 3995...
GLUCOTRACK ANNOUNCES THE HIRING OF DR. MARK TAPSAK
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INDUSTRY VETERAN TO LEAD NEW CONTINUOUS GLUCOSE MONITORING R&D PROGRAM
Rutherford, NJ, Oct. 14, 2022 (GLOBE NEWSWIRE) — GlucoTrack, Inc. (Nasdaq: GCTK) (“GlucoTrack” or the “Company”), a medical device and digital health platform company focused on diabetes and prediabetes, announced today that Mark Tapsak, PhD, has joined the Company as Vice President of Sensor Technology, effective immediately.
Mark brings over 25 years of experience in the diabetes industry as a medical device research scientist, focused on polymer synthesis, polymer characterization, medical device design and intellectual property. At GlucoTrack, he will lead the recently announced R&D program for a novel implantable continuous glucose monitoring system (CGM) for those with Type 1 diabetes.
Mark joins the Company from Diabetic Health, Inc., a developer...
Glen Burnie Bancorp Declares 3Q 2022 Dividend
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GLEN BURNIE, Md., Oct. 14, 2022 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on October 13, 2022. This action marks the company’s 121st consecutive dividend.
The regular dividend is payable on November 7, 2022, to shareholders of record at the close of business on October 24, 2022.
Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $415.6 million at September 30, 2022. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com).
Certain information contained in this news release, which does not relate...