Cronos Group Inc. to Hold 2022 Third Quarter Earnings Conference Call on November 7, 2022

Written by Customer Service on October 17, 2022. Posted in Public Companies.

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2022 third quarter earnings conference call on Monday, November 7, 2022 at 8:30 a.m. ET. Cronos’ senior management team will discuss the Company’s financial results and will be available for questions from the investment community after prepared remarks. To attend the conference call or webcast, participants should register online at https://ir.thecronosgroup.com/events-presentations. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The webcast of the call will be archived for replay on the Company’s website. About Cronos Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property...

Hawaii Water Service Receives HPUC Approval to Acquire Keauhou Wastewater System

Written by Customer Service on October 17, 2022. Posted in Mergers And Acquisitions.

WAIKOLOA, Hawaii, Oct. 17, 2022 (GLOBE NEWSWIRE) — Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), has received approval by the Hawaii Public Utilities Commission (HPUC) to acquire the wastewater system assets of Keauhou Community Services, Inc. (KCSI) and provide wastewater utility service to its customers. KCSI serves about 1,500 residential, hotel, and commercial customer-equivalent units in Keauhou on the Big Island, along with the Keauhou Bay Facility and Kahaluu Beach Park. KCSI also provides recycled water to Kona Country Club, Inc. for golf course irrigation. The purchase remains subject to customary closing conditions and is expected to close by the first quarter of 2023. Hawaii Water has been operating the Keauhou system since 2018 through an operation and maintenance...

XPO Releases Preliminary Results for Third Quarter 2022 and Long-Term Targets

Written by Customer Service on October 17, 2022. Posted in Earnings Releases And Operating Results.

GREENWICH, Conn., Oct. 17, 2022 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, has released the following results in advance of its third quarter 2022 earnings announcement and conference call. For the third quarter 2022, the company expects to report: Revenue of approximately $3.04 billion Operating income of $181 million to $185 million Earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”), a non-GAAP financial measure, of $348 million to $352 million Pro forma for the planned spin-off of RXO, the company expects net leverage, expressed as net debt divided by trailing 12-month adjusted EBITDA, to be approximately 2.0X as of December 31, 2022. For its North American less-than-truckload (LTL) segment, the company expects third quarter 2022...

Baltic Horizon Fund publishes its NAV for September 2022

Written by Customer Service on October 17, 2022. Posted in Public Companies.

The net asset value (NAV) of Baltic Horizon Fund (the Fund) unit at end of September 2022 amounted to EUR 1.1345 per unit. Compared to the previous month, NAV per unit increased by +1.08%. The total net asset value of the Fund increased to EUR 135.7 million over the month. The NAV increase was affected by the positive operating cash flows and the cash flow hedge reserve movement. The EPRA NRV as of 30 September 2022 was EUR 1.2071 per unit, corresponding to an increase of +0.49% over the last month. Unaudited consolidated net rental income for September 2022 increased by 2.8% over the month and amounted to EUR 1.5 million (EUR 1.4 million in August 2022). The increase in property performance was also impacted by falling energy prices compared to August. The Fund recognized an unaudited consolidated net profit of EUR 0.6 million in September...

Baltic Horizon Fund publishes its NAV for September 2022

Written by Customer Service on October 17, 2022. Posted in Public Companies.

Collective Mining Ltd. Announces C$10,000,800 Million Bought Deal

Written by Customer Service on October 17, 2022. Posted in Public Companies.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) — Collective Mining Ltd. (“Collective” or the “Company”) (TSXV: CNL) (OTCQX: CNLMF) is pleased to announce that it has entered into an agreement with Clarus Securities Inc., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis 4,444,800 units of the Company (the “Units”) at a price of $2.25 per Unit (the “Offering Price”) for aggregate gross proceeds to Collective of $10,000,800 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one-half of one Common Share...

Middlesex Water Company Dedicates New Ozone Plant

Written by Customer Service on October 17, 2022. Posted in Public Companies.

Observes 125th Year in Business Middlesex Water Company Dedicates New OzoneTreatment Plant Project team members cut the ribbon on Middlesex Water’s new ozone facility. They are (left to right) MWC team members Ning Tong, Michael Barnes; John Cannon, Rolando Acosta representing Northeast Remsco; Chris Andreasen, Robert Fullagar of Middlesex Water and Russell Ford and Josh Hutson of Jacobs Consulting. Middlesex Water Project team members not pictured: Brian Carr and David Brogle. ISELIN, N.J., Oct. 17, 2022 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ:MSEX) dedicated its new ozone treatment facility in Edison, New Jersey at a ceremony attended by local officials, project partners and employees. Middlesex began construction of this facility in 2019 along with partners Northeast Remsco Construction as General Contractor...

Cumulus Media’s Westwood One Names Rich Valdés to Succeed Jim Bohannon as Host of “The Jim Bohannon Show” Beginning Monday, October 17

Written by Customer Service on October 17, 2022. Posted in Public Companies.

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) — Cumulus Media’s (NASDAQ: CMLS) Westwood One today announced Rich Valdés as the new host of “The Jim Bohannon Show” beginning Monday, October 17. Valdés, a New York-area talk show host and Westwood One on-air personality and producer, will continue the program’s tradition of bringing listeners a unique blend of breaking news, interesting features, and informative reports on a spectrum of topics each weeknight from 10 p.m. to 1 a.m. ET. “No one can ever fill Jim’s shoes, but I consider it a blessing and great honor to be part of the next generation of late-night talk show hosts following the tradition of Jim Bohannon and Larry King, connecting with the amazing audience on all these excellent affiliates,” said Valdés. As his first guest Monday night, Valdés welcomes best-selling author, media...

Freddie Mac Announces Underwriting Innovation to Help Lenders Qualify More Borrowers for a Mortgage

Written by Customer Service on October 17, 2022. Posted in Public Companies.

Industry-First Capability Will Also Help Lenders Qualify More First-Time and Underserved Borrowers MCLEAN, Va., Oct. 17, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) will increase homeownership opportunities by including a review of a borrower’s bank account data to identify a history of positive monthly cash flow activity as part of its technology’s loan purchase eligibility assessments, the company announced today. This industry-first innovation will be available to mortgage lenders nationwide through Freddie Mac’s automated underwriting system, Loan Product Advisor® (LPASM), beginning November 6, 2022. “With the addition of positive monthly cash flow data, our underwriting system can help with more accurately predicting a borrower’s ability to pay their mortgage because it uses a comprehensive view of how personal finances...

Global System Dynamics, Inc. (NASDAQ:GSD) Signs Letter of Intent for a Business Combination

Written by Customer Service on October 17, 2022. Posted in Mergers And Acquisitions.

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) — Global System Dynamics, Inc. (NASDAQ: GSD) (the “Company”) today announced that it has entered into a non-binding letter of intent (“LOI”) for a business combination with a target company (the “Target”) that uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The Target’s technology provides monitoring when applied to dynamic critical infrastructure and structural health monitoring, including pipeline monitoring, structural health monitoring of bridges and buildings, perimeter and structural surveillance, aircraft & aerospace structural components and mining safety with VR capable user interface. The Target’s fiber-based monitoring systems can assist markets that are not currently served, and its...

Day: October 17, 2022

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